Macerich posts $27M loss; CEO touts brick-and-mortar retail
Mall landlord Macerich posted a $26.7 million net income loss in the second quarter as the Santa Monica-based firm...
Coronavirus Real Estate
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A boomtown for a bygone era: Koreatown developers face a reckoning
When protests in Los Angeles following George Floyd’s death at the hands of Minneapolis police officers turned to vandalism,...
Trump administration sued for lack of PPP disclosures
A California advocacy group sued the Trump administration over not getting data it asked for concerning the massive Paycheck...
Reclose the economy: Newsom shuts down malls, restaurant dine-in
California Gov. Gavin Newsom is reclosing part of the state’s economy as reported coronavirus cases surge. The governor announced...
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...
For top LA resi agents, it’s strictly posi vibes
Aaron Kirman is meditating and infusing himself with positive energy. Sally Forster Jones is brushing her hair and putting...
Don’t sound the alarm! CA May rent checks not in freefall
Paul Julian was not looking forward to May. Julian’s income is from rent payments on the 9,000 apartment units...
RE/MAX ready for “full brunt” of pandemic: CEO
The future is bright, but the second quarter won’t be. That was the mix of cautious optimism and realism...
Neiman Marcus files for bankruptcy, casting uncertainty over Hudson Yards
Neiman Marcus has filed for bankruptcy, a move that could have major implications for Related Companies’ luxury Hudson Yards...
Joseph Chetrit sells UES townhouse for $25M
In one of the priciest deals since the coronavirus pandemic hit New York, real estate investor and developer Joseph Chetrit has sold his Upper East Side townhouse for $25 million. A source familiar with...
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