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Month: May 2020

California Democrats propose “21st century New Deal” to rescue landlords & renters

California State Capitol building (Credit: iStock) California state Democrats plan to reveal details of two long-term tax proposals this week — one to relieve renters and landlords squeezed by the coronavirus pandemic and another to ...

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  • 12 May
  • The Real Deal
  • Uncategorized
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Buyers chose the new new thing in LA luxury market last week

Two of the five five priciest residential sales in Los Angeles County last week (Credit: Google Maps) Luxury home sale prices ticked up last week in Los Angeles despite the many hurdles that buyers, sellers, and their agents had to ...

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  • 11 May
  • The Real Deal
  • Uncategorized
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Pushback over going “clear”: NAR sued for pocket listing ban

CAP: NAR President Vince Malta and TAN founder David Faudman (Credit: YouTube, NAR, iStock) The National Association of Realtors is facing a lawsuit for effectively barring its members from taking off-market listings, often called ...

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  • 11 May
  • The Real Deal
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“I feel like I’m inside an acid trip”: Inside a broker’s virtual open house

Brokers are still navigating a new real estate world amid the coronavirus pandemic (Credit: iStock, Pixabay) In late April, about 60 agents got together in a virtual conference room for a virtual open house. Their experiences with the ...

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  • 11 May
  • The Real Deal
  • Uncategorized
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Airbnb-backed Zeus Living sees valuation halved

Zeus Living co-founder and CEO Kulveer Taggar and one of the startup’s homes (Credit: Zeus Living, Facebook) Zeus Living, a corporate-housing startup backed by Airbnb, has seen its valuation plummet in a matter of months. The company ...

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  • 11 May
  • The Real Deal
  • Uncategorized
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Don’t miss LA’s top dealmakers on Today’s TRD Talk

Hiten Samtani, Sally Forster Jones, Santiago Arana, and Aaron Kirman On another episode of TRD Talks Live, TRD Associate Publisher Hiten Samtani will catch up with three top agents and leaders in LA’s residential real estate community ...

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  • 11 May
  • The Real Deal
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Prolific LA developer Jerry Snyder dies at age 90

Jerry Snyder and SAG AFTRA plaza (Credit: Google Maps) Jerry Snyder, namesake and founder of Los Angeles development firm J.H. Snyder Company, died at his home in Bel Air on Friday night. Snyder was 90 years old and died after a “brief ...

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  • 11 May
  • The Real Deal
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Home rental companies emerge as investor safe haven

(Credit: iStock) Wall Street has found a new darling in single-family-home rentals. Companies with large portfolios of rental homes in the suburbs are weathering the coronavirus storm — and investors think there’s more runway in the ...

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  • 11 May
  • The Real Deal
  • Uncategorized
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Home prices cooled in these global cities in Q1

Manila skyline, Nairobi skyline, New York skyline The first quarter saw prices for high-end homes fall in many cities across the globe as the coronavirus pandemic brought some markets to near standstills, but others saw prices still ...

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  • 10 May
  • The Real Deal
  • Uncategorized
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Tom Barrack’s Colony Capital defaults on $3.2B in loans

Colony Capital CEO Tom Barrack (Photo by Michael Kovac/Getty Images) Tom Barrack’s prediction that the commercial mortgage market would collapse has now hit close to home. The magnate’s Colony Capital has defaulted on $3.2 billion in ...

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  • 10 May
  • The Real Deal
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  • Recent Posts

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