Softbank CEO Masayoshi Son and Compass CEO Robert Reffkin (Getty, Compass) SoftBank has upped its stake in Compass, shelling out $72 million to buy stock in the newly public company. The tech giant, already Compass’ largest ...
Dollar General CEO Todd Vasos (Retail Industry Leaders Association, iStock) Don’t tell Dollar General that brick-and-mortar retail is dead. The retailer plans to open 1,050 new stores this year, Business Insider reported, part of an ...
Bill Lee (Lee & Associates/YouTube) Bill Lee, who founded the commercial real estate brokerage Lee & Associates, died on April 5 at the age of 78. His eponymous firm confirmed the news via an obituary on its website. The ...
Soho House founders Nick Jones and Ron Burkle (Getty) Soho House is once again taking steps to go public. The exclusive members-only club this week submitted a confidential filing for an initial public offering with the U.S. Securities ...
Claridge Properties CEO Ricardo Pagan and renderings of the Angels Landing project It’s possible the pandemic could delay the 1.26 million-square-foot Angels Landing project slated for Downtown Los Angeles, and the $1.2 billion ...
A Los Angeles Superior Court judge blocked construction of the 19,000-home planned community in northern L.A. County (Getty, Centennial Tejon Ranch) Big development projects in California usually must overcome big opposition. And the ...
Casey Kasem and an aerial of the Beverly Crest mansion at 138 N Mapleton Dr (Photos via Getty, Google Maps) The longtime Holmby Hills estate of the late radio DJ legend Casey Kasem sold for $34 million, after lingering on and off the ...
The vacancy rate for regional and superregional malls is at an all-time high. (Getty) It’s not just office and residential landlords who need to worry about soaring vacancy rates. The vacancy rate for regional and superregional malls ...
Better CEO Vishal Garg and SoftBank CEO Masayoshi Son (Better.com, Getty) UPDATED, April 8, 2021, 3:20 p.m.: Mortgage lending startup Better.com’s valuation just swelled to $6 billion thanks to a recent investment. Masayoshi Son’s ...
San Diego Mayor Todd Gloria (Getty) San Diego approved strict limits on certain short-term rentals, seeking to rein in the industry and protect housing. The City Council this week reaffirmed the ordinance in a required second vote. The ...