Travis Kalanick and surveillance footage from one of the suspected arson attacks (Getty, Twitter/CloudKitchens) A facility owned by Travis Kalanick’s startup CloudKitchen caught on fire twice this week. The company said the police are ...
Mayor Bill de Blasio and Airbnb CEO Brian Chesky (Getty, iStock) After more than a decade of war over home-rental listings, Airbnb and New York City have come to terms. In a joint statement Friday, the startup and de Blasio ...
Federal Reserve Chairman Jerome Powell (Getty, iStock) Real estate stocks recovered some of their losses after signs of a second wave of coronavirus infections pushed the broader market to one of its biggest single-day dips since ...
Homeowners in redlined areas gained less equity over the past 40 years, exacerbating the wealth gap for blacks (iStock) Homeowners in historically redlined neighborhoods gained less than half as much home equity over the past 40 years ...
Quicken Loans’ Dan Gilbert (Getty) Mortgage giant Quicken Loans is heading to Wall Street in what could be the largest initial public offering of the year. The Michigan-based non-bank lender has confidentially filed with the U.S. ...
A closed Starbucks store and Starbucks CEO Kevin Johnson (Getty) Starbucks will shutter 400 stores across the country as it transitions to to-go orders while adjusting to the coronavirus pandemic. The closures were disclosed in a ...
Homeless tents lining sidewalks in Skid Row (Credit: David McNew/Getty Images) With the latest homeless population count showing a 13 percent rise from the year before, Los Angeles’ affordable housing efforts appear to be falling ...
Board President Cynthia M. Ruiz The Los Angeles City Employees Retirement System plans to invest up to $210 million in real estate this coming fiscal year, according to a new report. LACERS plans to put most of that money — around $140 ...
Bill Okun (Linkedin) Real estate data firm Reonomy has tapped a new chief executive, as the company looks to scale up and meet higher demands for information as the market recovers. Founder Rich Sarkis, who previously held the CEO ...
Bank OZK CEO George Gleason had some things to get off his chest. First, one of the most active condo construction lenders in Miami, New York and Los Angeles is still writing loans despite the pandemic, he said. Second, Gleason ...