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Month: April 2020

LA condo sales had been improving in Q1: report

From left: The Century tower and a Sierra Tower Judging by first-quarter numbers alone, the condo sales market was improving in Downtown Los Angeles and on the Westside. But as Compass advised, its newly-released L.A. condo market ...

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  • 28 Apr
  • The Real Deal
  • Uncategorized
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Office landlords finding out which tenants are paying up during lockdown

From left: Empire State Building, 111 Eighth Avenue and 100 Park Avenue (Credit: Taconic Partners, SL Green) Public office landlords are starting to report their first-quarter earnings — and investors and analysts are paying close ...

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  • 27 Apr
  • The Real Deal
  • Uncategorized
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Realogy sues to enforce $400M Cartus deal

Realogy CEO Ryan Schneider and SIRVA CEO Thomas Oberdorf UPDATED: April 27, 10:00 p.m.: Brokerage giant Realogy Holdings filed a lawsuit Monday to enforce the $400 million sale of its relocation business. In a regulatory filing, ...

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  • 27 Apr
  • The Real Deal
  • Uncategorized
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Here’s how real estate companies qualify as “small” businesses for PPP loans

Treasury Secretary Steven Mnuchin speaks in the press briefing room with (in background) Vice President Mike Pence, President Donald Trump and Small Business Administrator Jovita Carranza  (Credit: Win McNamee/Getty Images) As the ...

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  • 27 Apr
  • The Real Deal
  • Uncategorized
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JPMorgan dodged a bullet with sale of WeWork stake: report

JPMorgan’s Jamie Dimon (Credit: Dimon via KENA BETANCUR/AFP via Getty Images; Background via David Dee Delgado/Getty Images) JPMorgan cashed in almost $100 million of its stake in WeWork shortly before the company’s failed attempt to ...

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  • 27 Apr
  • The Real Deal
  • Uncategorized
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TRD Insights: LA County listings volume up 13%

Los Angeles County’s residential market rebounded with an increase in listings and closed sales, according to an analysis of Redfin data by The Real Deal. County-wide new listings volume increased 13 percent to $1.3 billion from $1.15 ...

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  • 27 Apr
  • The Real Deal
  • Uncategorized
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Kylie Jenner pays $37M for Gala Asher’s Beverly Hills spec mansion

Gala Asher and Kylie Jenner (Credit: J. Vespa/WireImage, and Ethan Miller/Getty Images)   UPDATED, April 27, 4:08 p.m.: Kylie Jenner made another luxury home purchase in Los Angeles, dropping $36.5 million for a Holmby Hills spec ...

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  • 27 Apr
  • The Real Deal
  • Uncategorized
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Brokerages are recruiting. But they’re not spending

Jamie Duran and Coldwell Bankers Beverly Hills office When Compass agent Jonathan Yuen decided to jump back to Coldwell Banker in early March, he cited the usual reasons agents give when asked about joining firms: better technology, a ...

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  • 27 Apr
  • The Real Deal
  • Uncategorized
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What Kanye West has planned for his childhood home in Chicago

Kanye West and 7815 S. South Shore Drive (Credit: Google Maps and Scott Dudelson/FilmMagic/Getty Images) Contrary to his underrated 2004 single, not everything has to fall down for Kanye West. The Grammy-winning musician has secured ...

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  • 26 Apr
  • The Real Deal
  • Uncategorized
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Brooklyn landlord who waived rents goes on the Ellen Show

(Credit: YouTube.com/TheEllenShow) The Brooklyn landlord who gave his tenants a free month of rent was a guest on “The Ellen DeGeneres Show” this week. Mario Salerno was invited on by Degeneres to talk about why he waived rent for all ...

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  • 25 Apr
  • The Real Deal
  • Uncategorized
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