coronavirus real estate


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The Hearst mansion's fate is tied into bankruptcy court. (Credit: Istock)

Hearst mansion owner’s bankrupt LLC got a $150K federal bailout

The owner of the old William Randolph Hearst estate is trying to sell the mansion in order to escape...

Hearst mansion owner’s bankrupt LLC got a $150K federal bailout
Rossano De Cotiis, Tom Grane of Mob Scene, and Wilshire Courtyard (Credit: LinkedIn and Michael Maltzan Architecture)

Oh, Canada! Tenant accuses Onni Group of trying to pilfer PPP funds

Onni Group not only defaulted on a $408 million loan for its purchase of Wilshire Courtyard, it faces a...

Oh, Canada! Tenant accuses Onni Group of trying to pilfer PPP funds
EasyKnock CEO Jarred Kessler (EasyKnock, iStock)

EasyKnock raises $20M as buyers look to tap home equity

EasyKnock, a startup that buys homes and rents them back to sellers, has raised $20 million to scale up...

EasyKnock raises $20M as buyers look to tap home equity
Tani Cantil-Sakauye (Credit: Earl Gibson III/Getty Images)

Landlords sue California over eviction ban

Two landlords have filed a lawsuit against the California Judicial Council, the state court’s rulemaking body, hoping to end the state’s eviction suspension amid the coronavirus pandemic. “The rule creates the perverse incentive for...

Landlords sue California over eviction ban
Daniel Yukelson of Apartment Association of Greater L.A. and L.A. City hall (Credit: iStock)

For CA landlords, abysmal is the new normal

Kevin Conway’s June rent collections weren’t any worse than May or April, but then again those months were historically awful. Conway, the director of acquisitions at Clovis-based IDEAL Capital Group, said he collected 87-90...

For CA landlords, abysmal is the new normal
Tech giants Facebook, Twitter, Apple, Google and Netflix have inked massive new office leases across the country in recent years. How much could the pandemic change that? (iStock)

Is Covid taking the T out of TAMI?

For those in the very physical world of commercial real estate, recent news from one of the internet’s largest companies has been hard to swallow. Mark Zuckerberg’s announcement that many of Facebook’s 48,000 employees...

Is Covid taking the T out of TAMI?
From left: Bill Shopoff, Sandy Sigal, and David Simon

Payment Gap: Retailers are reopening, but many aren’t paying rent

In just the last week, stores throughout Los Angeles went from closed to reopened to boarded up. “There was...

Payment Gap: Retailers are reopening, but many aren’t paying rent
Jamie Duran and 23676 Malibu Road (Credit: Jeff Newton and Google Maps)

Coldwell Banker slashes office space in Malibu, Los Feliz

Coldwell Banker is closing one of its two Malibu offices and reducing its presence in Los Feliz, as brokerages...

Coldwell Banker slashes office space in Malibu, Los Feliz
Joshua Golcheh

The way out: Developer cites coronavirus in suit to exit OC shopping center deal

Add a developer looking for a way out of a planned Orange County shopping center project to the growing...

The way out: Developer cites coronavirus in suit to exit OC shopping center deal
Rick Caruso and vandalized shops at the Grove shopping center (Credit: Jevone Moore/Icon Sportswire, and VALERIE MACON/AFP via Getty Images)

Looting devastates LA’s prime retail corridors

Michael Bohn’s architecture firm Studio One Eleven opened not in Silver Lake or another trendy part of Los Angeles...

Looting devastates LA’s prime retail corridors
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