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...
coronavirus real estate
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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...
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...
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...
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...
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...
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...
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...
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...
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...
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