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Month: September 2021

August home contract signings rise after 2 months of decline

Contracts rose everywhere, especially in the South and Midwest (Unsplash / Birgit Loit) Employees who have the option to work from anywhere are increasingly buying homes in the Midwest and South, with affordability playing a key reason ...

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  • 30 Sep
  • The Real Deal
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New York and LA homes showed best risk-adjusted returns in the country

Rounding out the top five list in terms of return on home investment adjusted for risk are Tampa, Washington DC and Boston (Getty) Though rising home prices and recent big-ticket office purchases have been held up as promising signs ...

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  • 30 Sep
  • The Real Deal
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Nonbank CRE lenders expect bumper year

Ladder Capital CEO Brian Harris (Getty, Ladder Capital) Pressure on nonbank lenders reached a fever pitch during the pandemic as large real-estate securities portfolios made the companies look vulnerable amid the industry’s virtual ...

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  • 30 Sep
  • The Real Deal
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Guess who? Clothing CEO buys neighboring Beverly Hills property

Guess CEO Carlos Alberini and Andrea with the two houses (Getty, Hilton & Hyland) Guess CEO Carlos Alberini is getting more comfortable in Beverly Hills. Alberini and his wife Andrea closed on a 6,400-square-foot home at 1003 ...

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  • 30 Sep
  • The Real Deal
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Cushman predicts widespread return-to-office in early 2022

(iStock) Repeatedly delayed return-to-office plans may finally come to fruition in the coming months, a new report indicates. While office landlords and brokers once hoped that a majority of workers would be back at their desks after ...

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  • 30 Sep
  • The Real Deal
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WATCH: Creating The Post-Covid Office

While many companies have cut jobs in the last year, the pandemic has created at least one position at Gensler: anthropologist-on-call. “We’re trying to understand patterns [and] movement through space,” explained Co-Managing Partner ...

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  • 30 Sep
  • The Real Deal
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SoCalGas to pay $1.8B to homeowners over massive gas leak

The boundary of Southern California Gas Company property, where Aliso Canyon Storage Field is located (Getty) Porter Ranch homeowners have been waging a years-long court battle against the Southern California Gas Company, whose storage ...

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  • 30 Sep
  • The Real Deal
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All the way up: Home price growth broke record for 4th straight month in July

The national composite is now about 44 percent higher than its previous peak in July 2006 (Getty, Unsplash / Annie Spratt) Record growth in housing prices is showing no signs of slowing. U.S. home prices soared 19.7 percent ...

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  • 29 Sep
  • The Real Deal
  • Uncategorized
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iBuyer bonds attracting Wall Street capital

Richard Barton, CEO of Zillow (zillowgroup.com, iStock) The increasing commodification of residential real estate is leading iBuyers — led by Zillow — to Wall Street. Last month, the company raised $450 million from a bond backed by ...

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  • 29 Sep
  • The Real Deal
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Self-storage firm plans 140K sf complex, its second in LA

Baranof Co-Founders Andrew Aiken (left) and Andy Hendricks (right) in front of planned facility at 1810 Venice Blvd. (Baranof Holdings) A Dallas-based self-storage developer is planning to build its second complex in Los Angeles, which ...

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  • 29 Sep
  • The Real Deal
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