David Nahai, LADWP Chief Executive Officer and General Manager, and 233 South Beaudry Avenue (Credit: Google Maps) The Los Angeles Department of Water and Power, the nation’s largest municipal utility, has inked a long-term lease for ...
In the best of times, construction is a complicated business. Labor problems, demanding developers, financing issues, bad weather — any number of things can disrupt a project. Now add a global pandemic, government-ordered shutdowns and ...
Daniel Kretinsky and a Foot Locker store (Credit: Getty) Daniel Kretinsky’s shopping spree continues, this time at Foot Locker. Earlier this month, the Czech investor bought a 5-percent stake in Macy’s department store and now he’s ...
Even as the economy begins to reopen, many restaurant and cafe tenants like Chipotle and Starbucks are requesting rent reductions amid projected declines in revenue. (Photos by Roy Rochlin/Getty Images and Alex Tai/SOPA ...
Daniel Yukelson of Apartment Association of Greater L.A. (Credit: iStock) The landlord-tenants hornets’ nest has been stirred again, with property owners crying they are unjustly accused of sexually harassing renters. Landlord groups ...
Sean Dobson of Amherst Holdings CEO and Charles Koch of Koch Real Estate Investments (Credit: Twitter; Koch by Patrick T. Fallon for The Washington Post via Getty Images) Soon after calling off a $2.3 billion deal to acquire a fellow ...
CoStar CEO Andy Florance (Credit: Getty, iStock) CoStar wants to add $1.25 billion to its war chest. The commercial real estate data giant announced the sale of common stock Tuesday. In a regulatory filing, the company said it would ...
Katerra CEO Michael Marks (right) is stepping down, and COO Paal Kibsgaard is taking his place. (Credit: Sergey Mihailicenko/Anadolu Agency/Getty Images; SAM YEH/AFP via Getty Images) Katerra CEO and co-founder Michael Marks is ...
Josh Flagg and Bobby Boyd (Credit: Gregg DeGuire/Getty Images) Rodeo Realty agents Josh Flagg and Bobby Boyd plan to donate all commissions they earn in July to charities. Flagg told The Real Deal that the client who pays a commission ...
“Far fewer active buyers, far fewer deals, an increase of deals falling out of contract.” Distressed asset investors are still waiting for their “opportunity of the century” to materialize. (Credit: iStock) Distressed asset investors ...