California Governor Gavin Newsom. (Getty) Small residential projects in California will have an easier time securing key environmental reviews, thanks to new legislation signed by Governor Gavin Newsom on Thursday. Newsom signed a bill ...
Wework’s former and current CEOs Adam Neumann and Sandeep Mathrani (Getty, iStock) WeWork’s financial troubles keep getting worse. The embattled co-working company reported $2.1 billion in losses in the first quarter, according to the ...
Saks CEO Marc Matrick with Brookfield Place, where the company has their offices. (Getty) Many companies are grappling with what office culture will look like in a post-pandemic world. For Saks, one thing is certain: The office will go ...
Attorney Mitch Kossoff’s abrupt disappearance has left roughly $10 million in escrow funds unaccounted for. Real estate lawyers routinely hold millions of dollars in escrow for their clients, serving as trusted third parties to ensure ...
Stockdale Capital Partners bought the 175-key hotel. Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps) The J.W. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for ...
House Ways and Means Chair Richard Neal and President Joe Biden (Getty, iStock) The Biden administration proposed dramatically expanding the inheritance tax on wealthy Americans. House Democrats are pumping the brakes. Democratic ...
21 percent of survey respondents believe that office leasing velocity in major cities will never return to pre-pandemic levels. (iStock) Commercial real estate investors have high hopes that major office markets will return to normal ...
Ashkenazy Acquisition CEO Ben Ashkenazy and Union Station in Washington, D.C. (Getty) During the pre-coronavirus “retail apocalypse,” retail properties centered around transit hubs were seen as one of the few bright spots for the ...
Robert F. Maguire III (Getty) Prolific Los Angeles developer Robert F. Maguire III died Tuesday at his home in Studio City. Maguire was 86 and died of complications from pneumonia, according to the L.A. Times. His most prominent ...
Brendan Wallace of Fifth Wall and Sean McCreanor of Assignar (Fifth Wall, Assignar, Getty) A Denver-based startup that hopes to streamline the construction process is getting backing from some big investors. Fifth Wall Ventures led a ...