Macerich CEO Thomas E. Hern. (Macerich) Macerich Company, the beleaguered mall REIT whose stock briefly soared last week before falling back down, is preparing to issue up to $500 million of new equity. One of the largest shopping ...
Opendoor CEO Eric Wu (Twitter) After Covid forced Opendoor into a five-month homebuying limbo in 2020, the newly public company is projecting a 45 percent drop in annual revenue. The instant homebuying startup projected $2.58 ...
Amazon founder Jeff Bezos with his Beverly Hills estate, 5 Manhattan West and 212 Fifth Avenue (Photos via Getty; Pinterest; Wikipedia Commons; City Realty) Jeff Bezos, the e-commerce titan who drove one of the biggest office and ...
Brookfield Property Partners’ Brian Kingston and Brookfield Place (Brookfield;Getty/Illustration by Kevin Rebong for The Real Deal) Closing the book on a devastating year, Brookfield Property Partners recorded about $2 billion in ...
Photo illustration of Benjamin Lambert (iStock; Getty/Illustration by Kevin Rebong for The Real Deal) Until the ’70s, commercial real estate brokerage was the unruly stepchild of dealmaking. Properties worth hundreds of millions of ...
Mike Feuer, Los Angeles City Attorney, filed the suit against Daum. (Getty) A Superior Court judge in Los Angeles has ruled a commercial real estate brokerage and two of its employees cannot be held liable for leasing space to an ...
Clockwise from top left: USGS Menlo Park campus, NIKE Site in Gaithersburg, Maryland and Southwest Fisheries Science Center in Pacific Grove, California (Google Maps, iStock) Wanna buy a missile site? The former Cold War facility, ...
(iStock/Photo Illustration by Kevin Rebong for The Real Deal) Homebuilding was strong in December and finished the year up 11.8 percent, while all other construction combined was flat in 2020 — and down 3 percent in the private sector, ...
Ken Moelis pictured with his new property. (Getty, Douglas Elliman) Investment banker Ken Moelis paid $21.5 million for his neighbor’s Malibu beach house, adding to his portfolio in the community that has seen a flurry of deals ...
California has generally been behind on housing production for years. (Photo Illustration by The Real Deal, Images via Getty) Just 3 percent of California cities and counties are on track to meet housing goals set by the state. Only ...