Leisure and hospitality led job gains in May as employers hired 559,000 people last month, more than double the month prior. (iStock) The economic recovery can’t get here fast enough. Employers added back 559,000 jobs to the U.S. ...
Sam Nazarian (Getty) Sam Nazarian’s food empire is expanding to Saudi Arabia through a joint venture, valued at $100 million, with global investment group WK Holding. Through a deployment of close to $200 million, C3 — which operates ...
Twenty-five percent of all sales were all-cash deals in April, up from 15 percent from a year ago (iStock) In a housing market with an inventory squeeze, overwhelming demand and skyrocketing prices, there are ways to get ahead. One of ...
Howard Lutnick and Newmark CEO Barry Gosin with Trump International Hotel in Washington, D.C. (Getty, Trump Hotels) If at first you don’t succeed, try again — with a new broker. The Trump Organization is again trying to sell the ground ...
606-654 Venice Boulevard (Silver Creek, Google Maps) Silver Creek Development landed a $34 million refinance package on its Venice Beach office complex that is fully leased by Snapchat’s parent company. The debt included a senior loan ...
Disgraced ex-L.A. City Councilman Mitchell Englander. (Getty) Former Los Angeles City Councilman Mitchell Englander began a prison sentence for his admitted role in accepting cash and other gifts from developers as part of a wider ...
Tara Lipinski and the 6,779-square-foot home in Pacific Palisades (Getty, Compass) Olympic gold medal figure skater Tara Lipinski is the latest celebrity to move to Pacific Palisades. Lipinski paid $8.4 million in what appears to be an ...
Home sales remain strong in Los Angeles County as over 5,500 properties went into contract last month. Inventory, however, is still lagging behind. (iStock) The Los Angeles housing market has been so strong that the 5,531 contracts ...
Mynd CEO and co-founder Doug Brien and Invesco Real Estate CEO Scott Dennis (Mynd, Twitter via CBRE) Mynd Management is gearing up to dominate the single-family rental market with help from one major investor. Thanks to Invesco Real ...
Nick Mastroianni II and 19681 Loxahatchee River Road (VHT Studios) EB-5 chief Nick Mastroianni II bought a waterfront mansion in Jupiter for $7.3 million. Workers’ rights attorney Jerry Neil Paul and his wife, Elizabeth Ann Paul, sold ...