Fire-wrecked LA includes properties tied to $1B in CRE loans
Of 76 securitized loans, 45 were for multifamily buildings within zip codes in Altadena, Pacific Palisades
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Feb 10, 2025
Who is Hagerty Consulting, the firm overseeing LA’s recovery?
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Mayor Bass taps Chicago area firm for LA rebuild lead
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Fire-wrecked LA includes properties tied to $1B in CRE loans
Of 76 securitized loans, 45 were for multifamily buildings within zip codes in Altadena, Pacific Palisades
Feb 10, 2025
Mayor Bass claws back $500K for LA recovery czar pay
Steve Soboroff, who was to be paid by nonprofit groups, will now work for free
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Local developer Quintin Primo proposed using two government-owned State Street towers for storage
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Vote largely along party lines, with two exceptions
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Welcome to Lakewood, NJ, home to a widening commercial mortgage fraud probe
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Who is Hagerty Consulting, the firm overseeing LA’s recovery?
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South Florida
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MG, Vertical launch condo sales for Alhambra Parc in Coral Gables
Developers tapped One Sotheby’s to lead marketing for 78-unit project
Los Angeles
Feb 10, 2025
Mayor Bass claws back $500K for LA recovery czar pay
Steve Soboroff, who was to be paid by nonprofit groups, will now work for free
Los Angeles
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Disaster recovery contractor from Chicago suburbs selected under shroud of secrecy
New York
Feb 10, 2025
Former Google CEO sells Manhattan penthouse
Billionaire Eric Schmidt found a buyer for his duplex at 25 Bond Street in Noho
Texas
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Preston Hollow estate lists for $14.5M as ultra-luxury blooms
Several Dallas homes hit the market asking over $10 million in January
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New York
Feb 10, 2025
Midtown Manhattan ranks as the world’s third most expensive office market
District is now North America’s priciest, beating San Francisco and L.A.’s Century City
Dallas
Feb 10, 2025
Fisher Investments picks up office buildings near its HQ
Bought four properties in Carrollton three years after relocation from Washington
National
Feb 10, 2025
Billabong, Quiksilver stores closing all stores after bankruptcy
Liberated blamed bankruptcy on inflation, interest rates, decline in demand
New York
Feb 10, 2025
Ivanhoé Cambridge lands $1.1B refi at Midtown office tower
The loan at 3 Bryant Park was first of almost $5B coming due for investor
National
Feb 10, 2025
Hyatt acquiring resort operator for $2.6B
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New York
Feb 10, 2025
Amazon, via WeWork, adds 112K sf at Brookfield’s Manhattan West
Deal is part of a growing model for co-working firm and tech giant
South Florida
Feb 10, 2025
Raimundo Onetto’s Alta plans 466-unit condo project on Hollywood site previously slated for apartments
Area’s growth, not multifamily supply overhand, prompted switch to for-sale units, developer says
Charlotte
Feb 10, 2025
Land swap gives Animal multifamily site in hot submarket
Atlanta-based developer plans apartment highrise on parcel traded by city
Chicago
Feb 10, 2025
Should the feds really save these historic Loop office buildings?
Local developer Quintin Primo proposed using two government-owned State Street towers for storage
South Florida
Feb 10, 2025
First look: Vanderbilt reveals renderings for planned $520M West Palm Beach campus
University plans to build 300K sf project for business and tech graduate programs
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Feb 10, 2025
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