Marcus & Millichap CEO predicts “exodus” from cities to last two years
New York City is reopening, but Marcus & Millichap’s CEO is not predicting a return to form anytime soon....
Latest News - Page 2
Pandemic slammed brakes on nearly half of would-be homebuyers: Survey
The coronavirus has upended pretty much everything, so it’s no surprise that nearly 45 percent of renters who were...
Fortress Investment accuses Hearst estate owner of fraud
The latest “shenanigan” by the owner of the famed Hearst estate in Beverly Hills was to pocket a $150,000...
AMC nears deal to avoid bankruptcy
AMC is trying to stave off the final curtain. The movie theater chain is close to hammering out a restructuring deal that would save it from bankruptcy, according to the Wall Street Journal. The...
What happens if Trump banishes TikTok, savior of NYC’s office market?
When TikTok inked a massive lease in Times Square in May, the deal was viewed as a beacon of...
TRD Insights: These hotel businesses got big PPP funding
More than 8,100 hotel businesses across the country received federal coronavirus assistance of $150,000 or more through the Paycheck...
Inside LA’s biggest real estate corruption scandal in recent history
The clock was ticking for a developer’s big downtown Los Angeles debut. Carmel Partners was looking to get its...
Brooks Brothers files for bankruptcy
Brooks Brothers, which has 500 stores across the globe, filed for Chapter 11 bankruptcy protection Wednesday. The move had been expected as the 200-year-old clothing chain struggled first with a shift from a formal...
Quicken Loans’ IPO filing reveals $1.8B in Q1 revenue
The parent company of Quicken Loans and Rocket Mortgage is officially going public. Rocket Companies filed for an initial...
Size of home purchase loans hits record high
Homebuyers celebrated before the July 4 holiday weekend by applying for mortgages. An index tracking applications to buy single-family...
Jade Enterprises, Golden West team up on 2nd development in Marina del Rey
Two investor-developers that are teaming up to build a shopping center in Marina del Rey now want to develop...
Former LA Ram to auction Chatsworth home with no reserve
Former Los Angeles Rams linebacker Mark Barron sells his Chatsworth home next week to the highest bidder. The two-acre...
Compass debuts AI tool to advise on home renovations
Compass is launching an AI-powered tool to help homeowners visualize improvements and determine what upgrades to make, building on...
Mall owners team up with “dead-celebrity dealmaker” but can they rescue moribund retailers?
Deep into a marathon set of high-pressure meetings to save bankrupt retailer Aeropostale from being chopped up and sold for parts, Jamie Salter thought...
Hundreds of California landlords down with PPP
Two California residential landlords got between $5 million and $10 million in loans under the Paycheck Protection Program, the...
Retailers boost rent payments but Covid surge prompts caution
The amount of rent Burger King paid in June compared to May was a whopper. The fast-food chain forked...
Racist comment posted using name of real estate executive
A webinar last month was marred when someone used the name of a real estate executive to post a...
Ex-councilman pleads guilty to accepting cash, escort for access to LA developers
For disgraced former Los Angeles City Councilmember Mitch Englander, what happened in Vegas definitely did not stay in Vegas....