The Short List: L.A.’s latest mid-size resi projects
(Credit: Google Maps) All five of the latest projects proposed with under 50 residential units applied for incentives through the Transit Oriented Communities program. Two of the projects are also in...
View ArticleCity of Industry contractor ordered to pay $12M for bilking workers out of pay
California Labor Secretary Julie A. Su and the Kenmore, a project that RDV failed to pay wages on (Credit: Google Maps) California officials have ordered a City of Industry contractor to pay nearly $12...
View ArticleMohamed Hadid loses a round in legal battle over Bel Air spec mansion
Mohamed Hadid (Credit: Getty Images and iStock) In Mohamed Hadid’s ongoing legal battle over his half-built Bel Air spec mansion, the developer clearly lost this round. On Monday, the presiding judge...
View ArticleThe house that launched a billion packages: Birthplace of Amazon hits market
Jeff Bezos and the birthplace of Amazon at Bellevue, Washington (Credit: John L. Scott and Getty Images) Before HQ2 or even HQ1, Amazon was headquartered in a 1,500-square-foot Craftsman home in the...
View ArticleCulver City office campus sells for $39M
Alexandria Real Estate purchased the Bristol 61 office campus in Culver City for $30 million. (Credit: The Swig Company) Alexandria Real Estate Equities has purchased a four-building office campus...
View ArticleHome prices are rising more slowly amid the affordability crunch
(Credit: iStock and Pixabay) A new wave of inventory is putting a damper on rising U.S. home prices. Price gains slowed in the fourth quarter amid a market that has created affordability challenges,...
View ArticleFamily-run firm doubles units at Westside multifamily project
From left: Abraham Zackary, Jacob Zackary, and Shawn Zackary Zackary Brothers is supersizing its proposed Westwood project. The local developer has filed for approvals to build 60 units at a vacant lot...
View ArticleThese megaprojects are reshaping skylines and communities across the US
Clockwise from top left: The Wharf Phase 2 in Washington D.C., Rainer Square in Seattle, Hudson’s Site in Detroit, North Wynkoop in Denver, the Independent in Austin, and Winthrop Center in Boston....
View ArticleHanover House in Beverly Hills gets price chop with new listing agents
Hanover House in Beverly Hills A modernist mansion built by spec home developer-to-the-stars Roman James has relisted at a discount roughly six months after first hitting the market, The Real Deal has...
View ArticleState must double land zoned for homes to hit Gavin Newsom’s housing goals
Governor Gavin Newsom Governor Gavin Newsom wants to build 3.5 million homes across California over the next seven years. But there’s one glaring problem: the state doesn’t have enough land zoned for...
View ArticleJLL credits rise of coworking, new proptech investments for big Q4 revenue boost
JLL CEO Christian Ulbrich (Credit: iStock) JLL CEO Christian Ulbrich credited his firm’s growing focus on co-working and real estate technology investments for $4.9 billion in reported revenue in the...
View ArticleNY pol claims white residents are being followed by city’s Airbnb enforcers
Mayor Bill de Blasio, Assemblywoman Tremaine Wright, and Bedford-Stuyvesant, Brooklyn (Credit: Getty Images and Wikipedia) White residents are being targeted walking home by the city’s Airbnb enforcers...
View ArticleSouth Carolina developer plans new warehouse in Central-Alameda
Johnson Development CEO Geordy Johnson and an aerial view of 4500 West Long Beach Avenue (Credit: Google Maps) A developer based in South Carolina has filed plans to build an industrial warehouse in...
View ArticleGoogle to invest $13B in real estate across the US
Google CEO Sundar Pichai (Credit: Getty images and Google) OK, Google. Tell me about the multibillion-dollar real estate investment you’re making this year. The tech giant announced on Wednesday that...
View ArticleBillionaire energy drink founder slashes price on Beverly Hills manse
Russ Weiner and his Beverly Hills mansion (Credit: Pinterest and The Agency) The brainchild behind Rockstar Energy Drink is having a hard time finding a real-life rockstar to buy his Beverly Hills...
View ArticleProspect of legalizing weed in Illinois has developers, landlords seeing green
Deena Zimmerman (Credit: iStock) After Illinois legalized medicinal marijuana in 2014, Deena Zimmerman traveled to Colorado to learn how the marijuana industry was intersecting with the real estate...
View ArticleStable but unaffordable: Cost of living in SoCal remains steady
From left: Los Angeles and Long Beach ranked among the most stable places in terms of cost of living the past decade, according to SmartAsset (Credit: Wikipedia) Los Angeles, Long Beach and Orange...
View ArticleEx-Compass agent claims her former team conspired to cut her out of deals
Jill Schwartz (Credit: iStock and Jill Schwartz Group) Agent churn and broker poaching are commonplace in real estate. But one former Compass agent is suing the brokerage over more conspiratorial...
View ArticleSanta Barbara coastal ranch with helipads and 120 cows hits market for $110M
El Rancho Tajiguas A sweeping 3,500-acre coastal ranch outside Santa Barbara with two mansions and a working farm is on the market for $110 million. El Rancho Tajiguas, a working ranch that hugs the...
View ArticleMortgage servicing demand jumps across US amid housing slowdown
(Credit: iStock) Amid the recent nationwide housing market slowdown, there has been a jump in demand for servicing mortgage payments. Mortgage servicers — the first to deal with troubled mortgages —...
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