In July, office energy use was at 91 percent of pre-pandemic levels despite just 34 percent occupancy. (iStock) In the name of safety, office landlords are cranking their ventilation systems to keep Covid at bay. An unintended but ...
Hyatt Hotels CEO Mark Hoplamazian and Apple Leisure Group Chairman Alex Zozaya (Hyatt, Apple Leisure Group) Hyatt Hotels is buying Apple Leisure Group, an asset-light resort operator, from two private equity firms, with an eye toward ...
Burbank’s Pickwick Bowl and Gardens at 921 W. Riverside Drive (Google Maps) Burbank’s Pickwick Bowl and Gardens is being sold with plans to redevelop it into townhouses. MW Investments filed plans to build a 98-unit townhome complex at ...
515 Pioneer Drive, LINC Housing CEO Rebecca Clark and National CORE CEO Steve PonTell and Glendale Mayor Paula Devine (Google Maps, LinkedIn, Glendale CA Gov.) LINC Housing and National CORE are teaming up with the city of Glendale to ...
Blackstone Group’s Jon Gray and Hudson Pacific Properties’s Victor Coleman (Getty, HPP) Hudson Pacific Properties and Blackstone Group have secured a $1.1 billion refinance on their Hollywood film studio and office portfolio. Barclays, ...
Michelle Pfeiffer and David Kelley with the Pacific Palisades property (Getty, Compass) It took only a month for Michelle Pfeiffer and David E. Kelley to flip a Pacific Palisades home. The couple found a buyer at their $25 million ...
(iStock) China is cutting off another source of money from residential real estate developers: private equity funds. The government-endorsed Asset Management Association of China informed pe firms it would no longer accept ...
Olympic Village (Getty) The Tokyo 2020 Olympic Games may have concluded but competition is getting fierce among potential homebuyers looking for the more than 5,500 condo units at the former Olympic Village. Sales at the renamed Harumi ...
Pete Townshend and the London mansion (Getty, Pereds) It took only two weeks for The Who guitarist Pete Townshend to find a buyer for his historic, 245-year-old London mansion. The famed rocker sold the 8,500-square-foot The Wick for ...
Pharrell Williams, Emmitt Smith and a rendering of two proposals of Military Circle Mall (Getty, Norfolk Development) Pharrell Williams and Emmitt Smith are among the investors vying for the right to redevelop a mall in Norfolk, ...