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Miami’s antiquated permitting system gets a reboot, but developers remain wary
Miami Riverside Center at 444 Southwest Second Avenue (Credit: Google Maps and iStock) Being a developer can take a good amount of patience, but in Miami that virtue has long been put to the test....
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Buyers are going crazy over this rat-plagued bungalow
The home in Old Towne, Orange (Credit: Pixabay) In a housing market as hot as Southern California’s, there’s evidently little that will scare off potential buyers. Proof: a 1920s bungalow in dire need...
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Despite Brexit, London retains top global rank for commercial real estate...
(Credit: Pixabay) London last year remained the top city in the world for investment in commercial real estate, despite concerns about Brexit, according to Frank Knight. As the United Kingdom prepared...
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Anthony Kennedy Shriver and wife list waterfront Miami Beach estate
Anthony and Alina Shriver and their Miami Beach home (Credit: Getty Images and Realtor) Anthony Kennedy Shriver and his wife are listing their waterfront Miami Beach estate for sale amid a pending...
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Chinese real estate investments face mounting debt concerns
Debt is a pressing concern for China (Credit: Pixabay) As half-finished real estate projects span throughout parts of rural China, investors are seeking to collect on their debt payments. Investors...
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So SALTy: Taxpayers owe a collective $323B this year
(Credit: Pixabay) Nearly 11 million people are losing out on state and local tax breaks due to the 2017 tax law overhaul — and now there’s a hefty price to pay. The Treasury Inspector General for Tax...
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Owned but unoccupied homes account for more than a fifth of China’s urban...
(Credit: Pixabay) China has millions of unsold homes in so-called “ghost cities” that were built near such large cities as Beijing and Shanghai but failed to attract residents. But China also has tens...
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LA councilman pushes back on state bill to allow tall, dense resi construction
Council member Paul Koretz and a Metro train at Union Station Los Angeles elected officials are starting to push back against a sweeping statewide bill that would allow dense residential development...
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Mel Gibson trims Malibu estate asking price to $15M
Mel Gibson and his Carbon Mesa Road home (Credit: Getty Images and Interior Pixels) Controversial actor Mel Gibson has cut the asking price on his Malibu estate by another 9 percent to $15 million and...
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These are the richest ZIP codes in US
A view of Fisher Island (Credit: Wikipedia and iStock) It may not have the ring of say, 90210, but Miami’s Fisher Island 33109 is America’s richest ZIP code. The exclusive community — which covers...
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Sherman Oaks developer plans 65 units in North Hollywood
5110 N. Bakman Avenue (Credit: Google Maps) A Sherman Oaks-based developer is planning a 65-unit apartment building in North Hollywood. An individual named Nir Paz, working through Clement 1 LLC, filed...
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Office Depot Plaza in Thousand Oaks sells for $14M
Agora Realty CEO Cary Lefton (Credit: Google Maps) Agora Realty & Management has purchased a 33,700 square-foot shopping center in fire-ravaged Thousand Oaks for $14.4 million. The property,...
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Expected returns drop for LA real estate
Greater Los Angeles is seeing some of the largest decreases in cap rates (Credit: Wikimedia) Amid a cooling real estate market, Los Angeles is seeing some of the sharpest decreases in expected rates of...
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Regulators seek to rein in energy-efficient home improvement loans
The Consumer Financial Protection Bureau is seeking public comments to prepare for PACE (Credit: iStock and Freepik) Amid concerns over a looming debt crisis, federal regulators are preparing new rules...
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Inglewood is latest LA-area city to mull rent-hike freeze
Inglewood Mayor James Butts (Credit: Flickr) California voters in November resoundingly rejected a ballot measure that could have lifted the state ban on rent control, but that hasn’t stopped local...
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Spice Girl looks to part with Hollywood Hills home, chops price by $3M
Mel B and her Hollywood Hills home (Credit: Getty Images) Spice Girl Melanie Brown has chopped the price of her Hollywood Hills home to $5.9 million, a $3 million discount from its 2017 asking price....
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Nashville office REIT eyes sector’s first IPO this year
Priam CEO Abhishek Mathur (Credit: iStock and Priam Properties) As office REITs in general continue to underperform, growth-focused office landlord Priam Properties is considering an initial public...
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Affordable multifamily project planned in Canoga Park Opportunity Zone
The corner of W. Hart Street and N. Owensmouth Avenue (Credit: Google Maps) An 80-unit affordable apartment building could replace a series of single-family homes and empty lots in Canoga Park. A...
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Adam Neumann’s personal interests have become We Company investments: report
The We Company CEO Adam Neumann (Credit: Getty Images and iStock) After We Company chief executive Adam Neumann and his wife had a difficult time selecting a school for their children, the company...
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Good Morning, Vietnam: Country is becoming a large EB-5 participant
Hanoi, Vietnam with money and a photo from the movie Good Morning, Vietnam (Credit: iStock and BagoGames via Flickr) Vietnam is boosting its presence in the EB-5 program, now trailing only China and...
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