Gaw Capital Chairman Goodwin Gaw and DJM founder John Miller with a rendering of the project When the famed Hollywood & Highland shopping center traded for $325 million last year, it was the largest single-address retail deal ...
The rate on the 30-year mortgage fell to 2.88 percent, the lowest rate in 50 years (iStock) The average mortgage rate on America’s most popular home loan has hit another record-setting low. The rate on the 30-year mortgage fell to 2.88 ...
Cushman & Wakefield’s Brett White Cushman & Wakefield reported a net loss of $100.8 million in the second quarter, down from a $6.3 million profit a year ago. The loss came despite cost-cutting, as $75 million was trimmed for ...
Hilton CEO Chris Nassetta (Getty, iStock) Hilton Worldwide Holdings pressed on with developing new hotels despite heavy losses last quarter. The hotel giant opened 60 hotels with 6,800 new rooms last quarter despite reporting a net ...
Simon Property Group’s David Simon and Gap CEO Sonia Syngal (Getty, Wikipedia, iStock) Call it a retail rumble, with Simon Property Group in one corner and its largest national tenant in the other. The largest shopping mall landlord ...
Zillow’s Rich Barton (iStock) Zillow beat its own doomsday predictions as homebuying bounced back quicker in the second quarter than most people predicted. The Seattle-based listings giant said revenue grew 28 percent to $768 million, ...
With many tech companies open to long-term remote work for their employees, questions are being asked about how that will impact the office and residential markets in hubs of tech talent. (iStock) The technology industry accounted for ...
Jason Oppenheim and Josh Flagg (Credit: Alberto E. Rodriguez/Getty Images and iStock) Since the coronavirus pandemic started, Los Angeles luxury real estate brokers talked a big game about pent-up demand — how high-end buyers would ...
Douglas Elliman chairman Howard Lorber (Lorber by Chip Somodevilla/Getty Images; iStock) Douglas Elliman tried to get into fighting shape last quarter, trimming $20 million in costs through layoffs, furloughs and salary cuts. Still, it ...
Jose Huizar and Los Angeles courthouse at 350 W 1st Street (Getty, Google Maps) A trial for Jose Huizar could come sooner than later, but little has emerged about the fate of the developers and real estate projects tied to the biggest ...