Latest News - Emad Basma, Agent4Life Realty

Main Content

Home > Latest News

Sinking Land Is Putting More Texas Buildings in Jeopardy

New research shows that many cities in the U.S. are shrinking, none more than certain parts of Texas. There are options for preventing buildings in these areas from sinking further but many of them are costly and there is a limited amount of time bef...

Real Estate Industry Rallies to Defend Energy Star Program

Real estate leaders strongly oppose proposed cuts to the EPA’s Energy Star program, citing its role in efficiency and compliance. Critics, however, argue the private sector could manage such standards without government oversight, questioning the n...

Chicago Launches Nonprofit to Build Affordable Housing Citywide

Chicago approved a $135 million city-run nonprofit to build affordable housing, focusing on high-demand areas. Despite concerns over oversight and priorities, officials say the plan fills funding gaps and adds a new tool to address the city’s housi...

Miami’s Housing Market Takes A Hit Amid Deportation Fears

Miami’s housing market is slumping as immigration crackdowns and political uncertainty drive away foreign buyers and renters. Home sales have dropped over 17%, investor visas are down, and new FHA restrictions are squeezing out non-citizen first-ti...

Irvine Company Wants to Replace Its Orange County, CA Golf Course With 3,100 Homes

In Irvine, California, the Irvine Company plans to replace Oak Creek Golf Course with a 3,100-unit residential village to help meet state housing mandates. The project includes parks, a school, discounted housing, and land donations to preserve green...

Lower Turnover Might Be the Silver Lining of the Trade War

The residential real estate REIT EQR announced strong earnings the first quarter of the year thanks to lower turnover that the company believes is due to tenants "hunkering down" in the face of uncertainty. The post Lower Turnover Might Be the Silver...

LA County greenlights self-certification for Altadena rebuilding

Los Angeles County wants to hasten the rebuilding of Altadena after this year’s devastating wildfires by allowing developers to self-certify home building plans. The Los Angeles County Board of Supervisors voted to approve a pilot program that allo...

Irvine Company aims to transform golf course into village of 3K homes

Irvine Company wants to redevelop an Irvine golf course and offices next door into a neighborhood of more than 3,000 homes. The Newport Beach-based developer has filed plans to build 1,500 single-family homes atop the 193-acre Oak Creek Golf Club at ...

Former LA police commissioner, prominent attorney to list Bel-Air estate for $24M

Carolwood Estates’ Lisa Optican is standing in front of 1021 Stone Canyon Road in Bel-Air, holding up a color copy of the 1938 cover of Architectural Digest featuring the home to prove the point that little has changed. The home’s long-time owner...

Movers: Gambino Group nabs LA, NY agents

Celebrity agent Carl Gambino continued to pad his ranks, revealing two additions each to his Los Angeles and New York rosters. The Gambino Group at Compass said it brought on Heather Marks and Kevin Milkis in Los Angeles. Meanwhile, the team added Le...

Sacramento investor lists 270K sf DTLA office park leasehold

A Sacramento-area investor is marketing a low-slung office park in Downtown Los Angeles for a leasehold and possible redevelopment. An affiliate led by Jas Bains, head of Roseville-based Dominus Companies, has listed the five-building Park DTLA for a...

Kilroy reports lackluster earnings as West Coast tenants downsize

Kilroy Realty’s earnings last quarter were fair to middling as office and life sciences occupancy slackened further across its 17.1-million-square-foot portfolio in San Francisco, Los Angeles, Seattle and San Diego, the company reported Tuesday. Ki...