(Getty) The number of mortgage applications is fluctuating but trending downward as buyers try to decide whether now’s the right time to purchase a home. After ticking up the previous week, the Mortgage Bankers Association index ...
CoStar CEO Andy Florance (Getty) CoStar’s profit machine is back in action. After four consecutive quarters in which its profits dropped, the real estate data giant said it generated $74 million in first-quarter net income. The firm’s ...
(iStock/Illustration by Alexis Manrodt for The Real Deal) Home prices continue to soar to new heights. The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 12 percent year-over-year in February. That’s up from 11.2 ...
The Altana Complex and Waterford CEO John Drachman (Waterford) UPDATED, 2:40 p.m., April 27: Waterford Property Company and the state have closed on their fourth deal this year to convert a rental building to middle-income housing. The ...
(iStock/Illustration by Alexis Manrodt for The Real Deal) Help for restaurants promised by the federal $1.9 trillion coronavirus relief package is coming to fruition. On May 3, the Restaurant Revitalization Fund will begin accepting ...
Jamie Dimon, Steve Roth, Donald Trump and 555 California St. (Trump, Getty) Vornado Realty Trust has lined up a huge refinancing for the San Francisco office tower it owns with former President Donald Trump’s company — a deal that ...
New York’s eviction moratorium has saved some from ruin, but threatens to cause it for others. The moratorium, which has stretched on for 13 months, isn’t the only of its kind: The Centers for Disease Control and Prevention announced ...
Gov. Gavin Newsom with Doug Ose and John Cox (Getty, Twitter) Two real estate executives say they are running against Gov. Gavin Newsom, now that supporters of the effort to recall the first-term governor collected the required 1.5 ...
Compass CEO Robert Reffkin and Glide CEO Sebastian Tonkin (Getty, Linkedin) Compass is getting its latest tech fix. Just a few weeks after going public, the brokerage announced that it would acquire San Francisco-based Glide Labs, a ...
2575 E El Presidio Street and Thor Equities Chairman Joe Sitt Thor Equities has snapped up a warehouse near the Port of Los Angeles, its first acquisition in the Southern California industrial market. The investment firm paid $30 ...