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$400M mall brawl: Simon Property Group, Macerich sue city of Carson
News 2 hours ago
$400M mall brawl: Simon Property Group, Macerich sue city of Carson

Macerich CEO Thomas O’Hern, Carson Mayor Albert Robles, and a rendering of the site Plans for a $400 million, 566,000-square-foot outlet mall in...

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Whose sale is it anyway? Keller Williams targets former top agent for advertising past deals
News 4 hours ago
Whose sale is it anyway? Keller Williams targets former top agent for advertising past deals

Jesse Weinberg Jesse Weinberg received an unusual email April 22 from a lawyer who represented Keller Williams, Weinberg’s brokerage until he left...

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Sabotage, secret cameras and intrigue: Inside the Barclay family’s feud over the London Ritz
News 1 day ago
Sabotage, secret cameras and intrigue: Inside the Barclay family’s feud over the London Ritz

Sir Frederick Barclay and the Ritz London (Photo by Kirsty O’Connor/PA Images via Getty Images, Ritz London) A high-stakes drama worthy of a soap...

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This Canadian office giant has a strategy for a return to work
News 1 day ago
This Canadian office giant has a strategy for a return to work

Cadillac Fairview CEO John Sullivan and the RCB Centre in Toronto (Google) One of Canada’s biggest office landlords has dished on the precautions...

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Facing the music: Entertainment venues, restaurants weigh reopening options
News 1 day ago
Facing the music: Entertainment venues, restaurants weigh reopening options

Bars, restaurants and live entertainment venues around the world are now weighing their reopening options. Some owners say they can’t cover the...

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Natural gas mogul lists 813-acre Colorado ranch for $220M
News 2 days ago
Natural gas mogul lists 813-acre Colorado ranch for $220M

Charif Souki and Aspen Valley Ranch (Credit: Columbia, Shaw Construction) Natural gas mogul Charif Souki has put his sprawling Colorado ranch on...

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Internal feud at SoftBank casts doubt on Vision Fund
News 2 days ago
Internal feud at SoftBank casts doubt on Vision Fund

Softbank’s Marcelo Claure, Masayoshi Son and Rajeev Misra (Getty; iStock) As SoftBank reports a loss of nearly $18 billion — the largest in its...

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The Closing: Barry Sternlicht
News 2 days ago
The Closing: Barry Sternlicht

Barry Sternlicht (Photo by Emily Assiran) Barry Sternlicht, who has amassed an estimated net worth of $3 billion over the years, is co-founder,...

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Here’s what the office industry is up to as lockdowns lift
News 2 days ago
Here’s what the office industry is up to as lockdowns lift

As lockdowns lift and the work-from-home debate ranges on, office landlords are eager to get back to leasing and building out their spaces. "We...

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Facebook, Mastercard rethink office footprint
News 2 days ago
Facebook, Mastercard rethink office footprint

Mastercard CEO Ajaypal Singh with 150 Fifth Avenue and Facebook CEO Mark Zuckerberg with Moynihan Station in New York (Getty; Google Maps) Facebook...

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Landlord lawsuit trashes LA waste collection policy
News 2 days ago
Landlord lawsuit trashes LA waste collection policy

Eric Garcetti (Credit: Gregg DeGuire/Getty Images) It’s not every day that constitutional rights and trash collection collide. But both are at the...

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Empty office buildings may give rise to other health risks
News 2 days ago
Empty office buildings may give rise to other health risks

Stagnant water in office buildings may pose risk to returning workers (iStock; CDC) Workers abandoned their office buildings in mid-March to heed...

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Revenge of the hoodies: Big Tech may be leaving the office for good
News 3 days ago
Revenge of the hoodies: Big Tech may be leaving the office for good

An illustration of Vornado’s Steven Roth and Facebook’s Mark Zuckerberg On Thursday, Mark Zuckerberg took direct aim at real estate’s holiest of...

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Developer’s folly means more space at Griffith Park
News 3 days ago
Developer’s folly means more space at Griffith Park

Griffith Park (Credit: iStock) A 1.4-acre plot of undeveloped land next to Griffith Park once set for development has been purchased in a...

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N95 mask-maker 3M sells Northridge manufacturing plant
News 3 days ago
N95 mask-maker 3M sells Northridge manufacturing plant

3M CEO Mike Roman and Altaris Capital Partners Principal Garikai Nyaruwata A spinoff of 3M, the company that makes N95 masks, has sold a Northridge...

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Goldman Sachs to juice cash-strapped RE owners with $3B fund
News 3 days ago
Goldman Sachs to juice cash-strapped RE owners with $3B fund

A photo illustration of Goldman Sachs CEO David Solomon (Getty; iStock) Big money will be deployed into cash-deprived real estate funds that have...

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Bed Bath & Beyond to reopen 600 US stores
News 3 days ago
Bed Bath & Beyond to reopen 600 US stores

Bed Bath & Beyond is planning to reopen 600 U.S. stores as states begin to wind down shelter-in-place orders. (Getty) Bed Bath & Beyond is planning...

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Convene’s top design exec steps down
News 3 days ago
Convene’s top design exec steps down

Joyce Bromberg (Convene via Twitter) Convene’s top design executive is stepping down after more than 10 years with the firm, the company announced...

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Hakim family siphoned rent money instead of paying full mortgage on Onyx Tower: lawsuit
News 3 days ago
Hakim family siphoned rent money instead of paying full mortgage on Onyx Tower: lawsuit

6100 Wilshire Blvd. (Credit: Google Maps) A Wilshire Boulevard office tower could plunge into receivership as lenders accuse owner Said Hakim of...

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How the pandemic is shaking up property taxes in 4 major markets
News 3 days ago
How the pandemic is shaking up property taxes in 4 major markets

With property tax deadlines quickly approaching — or having already passed — many state and local governments are in a bind. Taxes from real estate...

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States Title raises $123M to digitize title, mortgage and escrow
News 3 days ago
States Title raises $123M to digitize title, mortgage and escrow

States Title CEO Max Simkoff (iStock, States Title) A San Francisco startup that’s digitizing mortgage, title and escrow said it raised $123...

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Mall of America falls behind on $1.4B mortgage
News 3 days ago
Mall of America falls behind on $1.4B mortgage

Mall of America in Minnesota (Farragutful via Wikipedia) The country’s largest shopping mall has reportedly fallen behind on its $1.4 billion...

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Our agents don’t suck: How Side’s streamlined elitism could upend resi brokerages
News 3 days ago
Our agents don’t suck: How Side’s streamlined elitism could upend resi brokerages

Photo illustration of Guy Gal, Ben Bacal, David Higgins, Kofi Nartey, and Anthony Marguleas (Credit: iStock, Getty Images) Guy Gal believes real...

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The big debate intensifies: Are office buildings outdated or obsolete?
News 4 days ago
The big debate intensifies: Are office buildings outdated or obsolete?

(Illustration by Alexis Manrodt) The lobby inside the Milstein family’s office building next to Grand Central Terminal looks like something from a...

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Prolific developer Jamison plans 262-unit complex
News 4 days ago
Prolific developer Jamison plans 262-unit complex

Jamison’s Jamie Lee and 3020 W. Wilshire Boulevard (Credit: Google Maps) Prolific developer Jamison Services is planning a 262-unit residential...

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Home improvement loan program gets axed following fraud allegations
News 4 days ago
Home improvement loan program gets axed following fraud allegations

L.A. County is dropping its PACE home improvement loan program, which has faced years of fraud allegations because of unscrupulous contractors and...

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Real estate firms are raising billions in debt and equity. Here’s why
News 4 days ago
Real estate firms are raising billions in debt and equity. Here’s why

Rich Barton, Howard Lorber, Jay Hennick, Brett White As the economy starts to re-open, real estate players are hungry for cash. On Tuesday, CoStar...

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Millions more file for unemployment as states continue to reopen for business
News 4 days ago
Millions more file for unemployment as states continue to reopen for business

Millions of new jobless claims were filed last week, as all 50 states have now begun the complicated process of reopening their economies for...

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What happens when real estate Zoom meetings go awry?
News 4 days ago
What happens when real estate Zoom meetings go awry?

(Credit: iStock) Children crashing a virtual deposition with cries of an overflowing toilet. A participant standing up during a business conference...

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Stay Alfred, VC-backed hospitality startup, closes for good
News 4 days ago
Stay Alfred, VC-backed hospitality startup, closes for good

Stay Alfred CEO Jordan Allen Stay Alfred, a hospitality startup that raised $62 million, is closing its doors for good. Ending weeks of speculation...

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