Waterford’s John Drachman and Oceanaire at 150 W. Ocean Boulevard in Long Beach (Photos via Waterford and Oceanaire) Waterford Property Company paid $120 million for an apartment complex in Long Beach, and because it utilized state ...
LAX industrial rent prices are $11.73 per square foot. (iStock) Warehouse property prices are soaring near Los Angeles International Airport. A CBRE report found that industrial space over 75,000 square feet and within 5 miles of LAX ...
Illustration of the Hollywood Bowl (Getty) California released guidelines for outdoor theater and music venues to reopen in the coming months, as the state continues to loosen Covid restrictions amid falling cases. Los Angeles County ...
For this month’s The Closing, The Real Deal sat down with Gil Dezer, the head of Dezer Development and one of the most active real estate players in South Florida. The family-run firm, which was started in 1970 by Dezer’s father, ...
(iStock/Illustration by Alexis Manrodt for The Real Deal) Home prices are soaring, but low inventory continues to hamper home sales. The pace of homes under contract fell 10.6 percent in February, marking the sixth straight monthly ...
Robert Reffkin (Compass) UPDATED, March 31, 2021, 3:48 p.m.: Compass has slashed the price of shares and reduced the size of its total stock offering ahead of its IPO. In an updated S-1 filed with the U.S. Securities and Exchange ...
(iStock/Illustration by Kevin Rebong for The Real Deal) There’s a huge income gap between white realtors and their Black, Hispanic/Latino and Asian counterparts. White realtors made nearly three times as much in 2020 as Black agents, ...
Cerberus Global Investments President Lee Millstein Cerberus Capital Management has raised about $2.8 billion for a new real estate fund — exceeding its target of $2 billion. The fund, known as Cerberus Institutional Real Estate ...
Intercontinental’s Jessica Levin and PGIM’s David Hunt with 20730 Prairie Street (Google Maps, iStock) If you’re a landlord, it’s tough to think of a better tenant right now than Amazon. Case in point: An Amazon-leased distribution ...
Zigg Capital’s Dave Eisenberg and Ryan Orley (Zigg, iStock) Zigg Capital, a proptech venture capital firm co-founded by entrepreneur Dave Eisenberg, has raised $225 million to double down on real estate technology. The haul is double ...