It’s still a sellers’ market, but things are starting to look up for desperate buyers as the housing market normalizes. (iStock) Buyers shouldn’t break out the bubbly just yet, but things are starting to look up for them in the frothy ...
Western National Group CEO Michael Hayde and ASB Real Estate Investments CEO Robert Bellinger with the apartments (ASB, Western National) A large apartment complex in the Inland Empire has changed hands for a whopping $227 million. ...
Douglas Elliman CEO Scott Durkin and Relevant Co-Founder Grant King and CFO Andrew Shayne with an aerial view of the project (Elliman, Relevant) Douglas Elliman wants to get paid. The brokerage sued Los Angeles-based developer Relevant ...
The dip in new contracts was also connected to a large drop in new listings (Getty) Los Angeles County’s housing market cooled off in the last month of summer, with a drop in signed contracts and new listings for both single-family ...
Roofstock CEO Gary Beasley (Roofstock, iStock) Retail investors flocked to the single-family rental market during the pandemic. Now, even people who can’t afford a down payment are getting an invitation. Roofstock, an online ...
1 Glen Bell Way (LBA Realty) LBA Realty sold a Class A office campus in Irvine that is leased to Ford Motor Company. Taiwan-based Skyline Group International paid $159 million for Glen Bell Way, according to the Commercial Observer. ...
Keely Shaye and Pierce Brosnan with the Malibu house (Getty, Compass via Realtor.com) Pierce Brosnan wouldn’t take anything under $100 million for his custom-built Malibu beach house. So he took it off the market. The actor, best known ...
Sares-Regis Group CEO Rob Wagner and Huntington Gateway(Sares-Regis) A 56-acre former Boeing site in Huntington Beach has landed a major tenant almost a year before it’s set to be finished. Sares-Regis, one of Southern California’s ...
The Witkoff Group CEO Steve Witkoff and The West Hollywood Edition (Edition, Witkoff) The Witkoff Group has secured a new line of financing for its West Hollywood Edition hotel. Steve Witkoff’s firm scored a $228 million refinancing ...
(iStock) The U.S. construction industry can thank residential projects for an increase in spending. Yet, the uptick may prove short-lived. U.S. construction spending rose 9 percent in July from the prior year to $1.57 trillion on a ...