Multifamily still delivers as investors avoid rent control
Investors are still paying top dollar for multifamily assets — if they are outside of the reach of rent...
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“We’re putting ourselves in situations where anything is possible”: Real estate agent’s killing rattles industry
John Gomes had what he called “a danger feeling.” It was Halloween and the real estate agent was meeting a client in Lower Manhattan...
In wealthy Los Angeles, home sales are up. But prices aren’t
Home sales are on the rise in L.A.’s wealthiest neighborhoods, but the prices on those sales are barely moving....
Around LAX, office-to-hotel conversions are catching on
A developer wants to convert a Westchester office building into a 356-key hotel, hoping to get in on the...
Express to close 100 stores, stock jumps 21%
Clothing retailer Express will close 100 stores by 2022, joining the growing group of retail chains that have announced...
Coming Soon: The Real Deal Los Angeles’ Winter 2020 issue!
Get ready for The Real Deal LA’s winter edition, which will be available to subscribers on our website on...
Flo Rida is building a vodka distillery in Fort Lauderdale Opportunity Zone
Instead of popping bottles, Flo Rida will be filling them up. The rapper, singer and songwriter is partnering with...
Virtual brokerage Fathom Holdings files for IPO
Cloud-based brokerage Fathom Holdings, which charges agents a flat fee per deal, wants to raise $14 million through a...
Startup that tracks cell phone data for landlords raises $12M
A location-data startup that tracks tens of millions of cell phones and provides information to landlords and brokers has...
Inside The Los Angeles issue
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WeWork offloads stake in the Wing and software startup
WeWork has severed ties with two more startups that joined the office space company before its downfall. The office-space...
He’s gone. Steve Frankel leaves Compass, returns to Coldwell
Look who’s back. Three weeks after leaving Coldwell Banker for Compass, Steve Frankel confirmed Tuesday that he has returned...
Shaun White is freeriding out of Malibu
Olympic gold medalist Shaun White has already sold one eight-figure Malibu property, and he is looking to unload another. Variety reports that White has listed an oceanfront home in Malibu for $10.995 million, after...
Inside Related’s growing reach beyond real estate
It was the spring of 2014 when the Related Companies’ president, Bruce Beal, realized he had a façade problem....
Gurney housing journey: St. Vincent Medical Center could transform into supportive housing
UPDATED, Jan. 22, 1:07 p.m.: St. Vincent Medical Center, whose owner announced its planned closure, could get transformed into...
US is short nearly 4M new homes: report
The housing shortage in the U.S. is deepening despite strong demand, and a new report found that builders must construct nearly four million new homes to catch up. Almost 9.8 million households were formed...
“We are still in it”: Softbank still believes in WeWork’s core business
After committing a $9.5 billion rescue package for WeWork and shaking up the firm’s management, SoftBank still believes in...
Real estate fundraising hits lowest level since 2013
As high-yielding real estate deals become harder to come by, institutional investors are starting to become more selective —...
The Malibu Series: Building the Home of the Future
When Scott Gillen imagined the homes for his latest project—The Case, a gated enclave of five homes—he says, “I...
Green is Good: Californian Vegan Eateries
Sure, vegan food is better for your health and the environment, but let’s be real: What matters most is the taste. Vegan food has evolved mightily in recent years as chefs have become increasingly...