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Marcus & Millichap CEO Hessam Nadji

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....

Marcus & Millichap CEO predicts “exodus” from cities to last two years
(iStock)

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...

Pandemic slammed brakes on nearly half of would-be homebuyers: Survey
The Hearst mansion got an emergency federal loan (Credit: Jade Mills Estates)

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...

Fortress Investment accuses Hearst estate owner of fraud
The financing deal comes after AMC theaters have been shuttered for months due to the coronavirus pandemic. (iStock)

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...

AMC nears deal to avoid bankruptcy
4 Times Square (Google Maps, TikTok)

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...

What happens if Trump banishes TikTok, savior of NYC’s office market?
From left: Gaw Capital Partners’ Goodwin Gaw, Howard Lorber of New Valley Group, Oyo CEO Ritesh Agarwal, Soho House's Ron Burkle, and Steven Witkoff of Witkoff Group (Getty)

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...

TRD Insights: These hotel businesses got big PPP funding
A breakdown of historic scandal of L.A. City Council member Jose Huizar (Getty, DiMarzio | Kato Architecture, Department of City Planning, iStock)

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...

Inside LA’s biggest real estate corruption scandal in recent history
Brooks Brothers CEO Claudio Del Vecchio (Getty)

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...

Brooks Brothers files for bankruptcy
Quicken Loans founder Dan Gilbert (Getty)

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...

Quicken Loans’ IPO filing reveals $1.8B in Q1 revenue
The final week of June saw the average loan size hit $360,300, a record high in the history of MBA’s purchase index (iStock)

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...

Size of home purchase loans hits record high
Daniel Taban and a rendering of the project (Credit: TCA Architects via Curbed)

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...

Jade Enterprises, Golden West team up on 2nd development in Marina del Rey
Mark Barron and the property (Credit: Michael Hickey/Getty Images, and Heritage Auctions)

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...

Former LA Ram to auction Chatsworth home with no reserve
Compass CTO Joseph Sirosh (Getty, iStock)

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...

Compass debuts AI tool to advise on home renovations
Authentic Brands Group CEO Jamie Salter with Brooks Brothers, J.C. Penney, and Aeropostale stores (Getty)

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...

Mall owners team up with “dead-celebrity dealmaker” but can they rescue moribund retailers?
Igor Olenicoff, President of Olen Properties (Credit: Tim Rue/Corbis via Getty Images)

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...

Hundreds of California landlords down with PPP
(iStock, Getty, Wikimedia)

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...

Retailers boost rent payments but Covid surge prompts caution
CBRE broker Charlie Stephens, Juda Srour and attorney David Moreno Jr., Juda Srour (Linkedin, YouTube)

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...

Racist comment posted using name of real estate executive
Mitchell Englander (Credit: Lilly Lawrence/Getty Images)

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....

Ex-councilman pleads guilty to accepting cash, escort for access to LA developers

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