Blake Griffin and 256 N. Barrington Ave. (Getty, Realtor) Blake Griffin is still building up his real estate portfolio in Los Angeles, despite having left the city in 2018, when the longtime Clippers star was traded to the Detroit ...
Ken Griffin with Faena House at at 3315 Collins Avenue (Photos via Getty; Google Maps) Billionaire hedge fund manager Ken Griffin is bidding adieu to the ultra luxury Faena House in Miami Beach. Griffin sold his larger penthouse for ...
(iStock) It’s a loan buyer’s market and hedge funds are ready to make a deal. Companies are looking to provide loans or invest in recently restructured commercial real estate bonds, according to Bloomberg. And malls, hotels and offices ...
Slate Property Group co-founder Martin Nussbaum and the Hotel Cecil (Slate, Google Maps) Simon Baron Development secured a $30 million mezzanine loan for its ongoing work to convert the notorious former Hotel Cecil in Downtown Los ...
LA Mayor Eric Garcetti (Getty) In Los Angeles, a planned tiny home village for the homeless is costing the city big bucks. Each of the 39 properties in the city’s first tiny home village, scheduled to open in January, is costing ...
The Renaissance Los Angeles Airport Hotel at 9620 Airport Blvd (Marriott) Sunstone Hotel Investors sold a 502-room property outside Los Angeles International Airport for $92.5 million, making it one of the largest pandemic-era deals ...
Simon Property Group CEO David Simon The first Covid-19 vaccines are being distributed across the United States, and Simon Property Group is celebrating by reinstating its executives’ pay. At the start of the pandemic in March, ...
KKR’s Henry Kravis (Getty, iStock) KKR is ramping up its bet on industrial real estate. The investment firm closed on the acquisition of 9.7 million square feet of industrial properties in seven markets for about $835 million, ...
Bonnie Stone Sellers and Jeff Hyland with the platform (Linkedin, Getty, Forbes, iStock) Forbes is launching a worldwide high-end home listings platform that won’t charge a commission but whose members will pay annual dues. Forbes ...
Prices for studio and one-bedroom apartments in San Francisco are down 35% and 27% respectively. (Unsplash) San Francisco rent prices may still be too damn high, but they’re falling fast. The median rent for a studio apartment was ...