Gov. Newsom and Michael Weinstein (Credit: Justin Sullivan/Getty Images, Charley Gallay/Getty Images) Los Angeles tenant advocates are eyeing a new battle: Suspending the landmark statewide Costa-Hawkins Act that strictly limits rent ...
Renderings of Nvidia headquarters by Gensler, University of Virginia University Hospital Expansion by Perkins and Will and The Hoxton Williamsburg by Perkins Eastman (Credit: Gensler; Perkins and Will; Perkins Eastman) Billings from ...
Related CEO Jeff Blau says he anticipates there will be a wave of defaults on commercial and hotel loans as the implications of the pandemic become clearer. In an interview with Bloomberg this week, Blau said that with the beginning of ...
Noah founder Sahil Gupta (Credit: Noah) A startup that issues cash loans to homeowners in exchange for an ownership stake has raised $150 million to meet increased demand from cash-strapped owners. Noah, based in San Francisco, said ...
Federal Housing Finance Agency Director Mark Calabria (Photo by JIM WATSON / AFP) Struggling mortgage firms have been thrown a lifeline. The Federal Housing Finance Agency announced Wednesday that firms saddled with loans they would ...
A homeless tent encampment in Skid Row (Credit: Mario Tama/Getty Images) Pandemic or not, some communities around Southern California simply don’t want homeless people housed in their neighborhoods. Southern California counties and ...
GFI Capital CEO Allen Gross with the Beekman Hotel at 123 Nassau Street (top left), Ace Hotel at 20 West 29th Street in NYC (right) and Ace Hotel & Swim Club Palm Springs in California (bottom left) (Credit: Ace Hotels; GFI; ...
Blackstone’s Jonathan Gray and Starwood Capital Group’s Barry Sternlicht (Credit: Gray by Drew Angerer/Getty Images; Sternlicht by Cindy Ord/Getty Images for 1 Hotels) Two of the largest real estate investors are funneling funds into ...
The Parkmerced apartment complex in San Francisco. Maximus Real Estate Partners has requested debt forbearance on a $955 million loan for its massive Parkmerced residential development in San Francisco, the latest casualty of the ...
Every Average Joe has had the frustrating experience of not being able to get their bank on the phone. But one wouldn’t think some of the country’s most prominent developers have the same headaches. Turns out that when it comes to the ...