Woodridge CEO Michael Rosenfeld and Glorya Kaufman with a rendering of the Century Plaza project, and Armanino LLP partner Harvey Bookstein with the Hearst Estate. (Credit: DBOX) One mid-November evening last year, developer Michael ...
Tom Villante and 32852 Pacific Coast Highway (Credit: California Regional Multiple Listing Service) Another ultra-luxury Malibu home has hit the market, this one for $35 million, more than twice what the owner paid. Records show the ...
The number of weekly unemployment claims dipped below 3 million last week, for the first time since the beginning of the current economic crisis. (Photo by Stephanie Keith/Getty Images) Unemployment claims totaled 2.98 million last ...
Zillow CEO Richard Barton (Credit: Barton by Steve Jennings/Getty Images for TechCrunch) Rich Barton is walking the talk. Days after the CEO declared during a rosy earnings call that “we have passed peak fear,” Zillow Group filed a ...
Brookfield’s Bruce Flatt Count Brookfield Asset Management among the growing number of distressed-debt evangelists. “This is one of the great environments, possibly, to buy distressed debts that may have ever been in existence,” CEO ...
Jaws Acquisition and Starwood Capital founder Barry Sternlicht (Sternlicht by Leon Bennett/Getty Images; iStock) Jaws Acquisition, a company founded by Starwood’s Barry Sternlicht, has upsized its IPO after filing a prospectus earlier ...
Hilda Solis The coronavirus crisis has already prompted a number of large investors like JPMorgan and Fortress to launch real estate funds to take advantage of investment opportunities, including targeting distressed assets. Now, the ...
New York, Los Angeles, Chicago, and Miami (Credit: iStock) It may not be saying much, but hotel fundamentals are up in some major U.S. cities. Overall, hotel occupancy in the U.S. has been improving since early April and last week hit ...
Los Angeles City Councilman Jose Huizar and a rendering of the project (Credit: Jerod Harris/Getty Images, and Gensler via Urbanize) A bombshell plea deal involving a former real estate broker that the federal government unsealed ...
CEO Andrew Florance (Credit: CoStar via YouTube) UPDATED 7:30 p.m., May 13: Commercial real estate data giant CoStar Group is purchasing Ten-X for $190 million, a move that would increase the publicly-traded CoStar’s presence in the ...