Gavin Newsom (Credit: Emma McIntyre/Getty Images) There’s sweet relief coming for battered hotel owners just hoping to survive the pandemic. California will book thousands of hotel rooms to house homeless people impacted by Covid-19, ...
250 N. Halsted Street and 3475 East Foothill Boulevard The family behind food court staple Panda Express paid $78 million for a corporate park in Pasadena, The Real Deal has learned. Cherng Family Trust, an affiliate of Panda ...
Bernie Sanders (Credit: MANDEL NGAN/AFP via Getty Images) Presidential candidate Bernie Sanders is calling for a freeze on rent and mortgage payments as part of the next federal relief package. Sanders urged Congress on Friday to ...
Michael Halloran One of the country’s largest EB-5 and Opportunity Zone fund administrators will be acquired for at least $40 million amid a push to change EB-5 rules to boost the economy. San Jose, California-based NES Financial on ...
Marc J. Goodman (Credit: Corcoran) Marc J. Goodman, a broker with the Corcoran Group for more than two decades, died at his Upper West Side home on Sunday from Covid-19, according to the brokerage and a close friend. Pam Liebman, ...
CAR’s 2020 president, Jeane Radsick The California Association of Realtors has asked the federal government to ease off homeowners with mortgages taken out through the Federal Housing Administration. The industry trade group asked to ...
Commercial loans expected to suffer because of the pandemic (Credit: iStock) The delinquency rate for U.S. commercial mortgage-backed securities fell in March — but that is likely to change, according to a new report. Last month ...
Recent guests on The Real Deal’s new web panel series, TRD Talks Live, weighed in on the effects of the coronavirus. Longtime broker Leonard Steinberg drilled into the sense of conflict among the city’s residential agents and their ...
(Credit: iStock) The number of commercial real estate borrowers who requested debt relief during the escalation of the coronavirus outbreak in the U.S. has lurched to 2,600, with borrowers against hotel and retail assets among the most ...
Thousands of CA hotel workers have been laid off A little noticed executive order by CA Gov. Gavin Newsom has accelerated layoffs in the state’s hotel industry — with pink slips issued recently to nearly 3,600 workers in March. The job ...