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Month: April 2020

As forbearance wave hits, real estate industry begs Fed to take action

From left: Brian Stoffers, chairman of Mortgage Bankers Association, Bob Goldberg, CEO of The National Association of Realtors, and Dean Mon, chairman of National Association of Home Builders (Credit: Stoffers via Thomas Yau/South ...

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  • 06 Apr
  • The Real Deal
  • Uncategorized
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California courts ban evictions, foreclosures

There will be no evictions and foreclosures in California during the coronavirus state of emergency, according to an order Monday by state court leadership. The Judicial Council, the state court’s rulemaking body headed by State Chief ...

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  • 06 Apr
  • The Real Deal
  • Uncategorized
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Square —acre — to spare: Seinfeld’s former Hollywood Hills home relists

Former owner Jerry Seinfeld and current owner Leslie Benzies, with his existing mid-century home, at far left. At right are renderings of possible new homes on the properties. (Credit: Austin Hargrave/Wikipedia and Larry Busacca/Getty ...

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  • 06 Apr
  • The Real Deal
  • Uncategorized
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For California property owners, April 10 is still tax day

Gavin Newsom (Credit: Justin Sullivan/Getty Images) The coronavirus pandemic has upended so much of California’s real estate, but one matter may remain the same: taxes for property owners are due this Friday, April 10th. As with many ...

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  • 06 Apr
  • The Real Deal
  • Uncategorized
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Related’s Blau on tenants with cash: “It’s their obligation to pay”

With a $97 billion real estate portfolio, Related Companies faced a reckoning this month. But after bracing for a major loss of rental income, Related CEO Jeff Blau said “the results have been pretty good so far.” Read more Landlords ...

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  • 06 Apr
  • The Real Deal
  • Uncategorized
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Brokers must wait to tap SBA forgivable loan lifeline

President Donald Trump, Small Business Administrator Jovita Carranza and Secretary of Treasury Steve Mnuchin (Credit: Win McNamee/Getty Images) The majority of real estate brokers seeking help from the federal government’s paycheck ...

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  • 06 Apr
  • The Real Deal
  • Uncategorized
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Proptech and the pandemic: Will coronavirus change how real estate works?

Proptech pioneers have long sought to disrupt the real estate industry with new ways of doing business. Will the coronavirus pandemic speed up that evolution, or be just a blip on the radar? As real estate pros nationwide have had to ...

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  • 06 Apr
  • The Real Deal
  • Uncategorized
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Look inside: TRD‘s co-working event at SPACES’ Dumbo location

On March 5, The Real Deal headed to Dumbo for a panel on the Future of Co-working and to check out a new SPACES location at 175 Pearl Street. With hand sanitizer close by and elbow-bumps instead of handshakes, real estate players ...

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  • 04 Apr
  • The Real Deal
  • Uncategorized
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Wood’s Hole mansion breaks Cape Cod sales record

187 Penzance Road, Woods Hole (Credit: Hawk Visuals for Sotheby’s International Realty) The $20 million sale of a sprawling estate in the seaside Cape Cod enclave of Wood’s Hole has broken the previous price record for the ...

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  • 04 Apr
  • The Real Deal
  • Uncategorized
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Some New York renters were caught mid-move

Coronavirus catches New Yorkers in the middle of deals and moves (Credit: iStock) The coronavirus pandemic is not only throwing a wrench into the business of renting and selling apartments in New York, but moving to and from them as ...

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  • 04 Apr
  • The Real Deal
  • Uncategorized
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