(iStock) Multifamily developers are starting to feel the pain of sky-high lumber costs. The price of softwood lumber jumped 83 percent from a year ago, the Wall Street Journal reported, citing data from CoStar Advisory Services. That ...
(iStock) Home sale prices hit a record high across Southern California in April, and the number of homes sold also rose. The median sales price for the six-county region clocked in at $655,000 last month, according to the Los Angeles ...
Peloton CEO John Foley. (Getty) High-end exercise equipment producer Peloton is planning its first U.S. manufacturing facility. The company announced on Monday that it will break ground this summer on a 1 million-square-foot facility ...
Latch CEO Luke Schoenfelder with Rockefeller Center and the Empire State Building (Latch, iStock) Latch is looking to unlock the office market as the startup prepares to go public. The smart lock maker, whose focus has been in the ...
Don Hankey with 22514 Pacific Coast Highway and Oaktree Capital co-founder Howard Marks with 31134 Broad Beach Road (Getty, Compass, Realtor) Two billionaire real estate investors plunked down big bucks for beachfront Malibu homes, ...
(iStock / illustration by Alison Bushor for The Real Deal) The lights are still dark at the Diplomat Beach Resort, a sprawling 1,000-room oceanfront hotel in South Florida. More than a year after the pandemic began, conventions and ...
Goodman CEO Greg Goodman and a rendering of the facility. (Goodman) Goodman is building a 1.5 million-square-foot spec logistics center in northern Orange County that will target e-commerce tenants. The Australia-based industrial ...
500 S. Santa Fe Avenue (CEB Construction) San Francisco-based SteelWave has made an $80 million creative office play in the Arts District. The firm bought a 150,451-square-foot campus called The Switchyard from CEG Construction for $80 ...
Joel Singer (California Association of Realtos) After more than 30 years leading one California’s powerhouse real estate trade group, and following a particularly volatile 12 months, Joel Singer will retire at year-end. Singer took the ...
Belfast, Ireland. (Getty) Ireland will try to keep speculative investment firms from gobbling up its homes with a levy on bulk homebuying. The government will impose a 10 percent tax on the purchase of 10 or more homes, according to ...