Phoenix Breaks Ground on Massive New District Anchored by a Chipmaking Boom

The post Phoenix Breaks Ground on Massive New District Anchored by a Chipmaking Boom appeared first on Propmodo.

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AI’s Data Center Gold Rush Comes With Real Risk

The post AI’s Data Center Gold Rush Comes With Real Risk appeared first on Propmodo.

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The Role of Architect-Owner Partnerships in Tenant Retention

If there’s one thing the return-to-office shift has made clear, it’s that attracting tenants is one challenge, but keeping them is another—one that requires office buildings to be adaptable, functional, and thoughtfully designed. With tenants s...

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Fannie Mae Opens the Door to Crypto Backed Mortgages

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Discounted Debt Deal Revives Troubled San Francisco Office Tower

The post Discounted Debt Deal Revives Troubled San Francisco Office Tower appeared first on Propmodo.

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Manulife proposes selling TCW Tower to LADWP for $93M

If all goes to plan, Manulife will sell a downtown skyscraper to the Los Angeles Department of Water and Power for $92.5 million, according to a divestment announcement.  The TCW Tower deal has not closed — it needs city council approval and a...

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“City feels rudderless”: Bass takes hits on housing as Raman, Miller look to score on Palisades stage

Mayoral hopefuls Nithya Raman and Adam Miller took turns jabbing at Mayor Karen Bass during a candidate forum as the incumbent dug in on her accomplishments of the past three years. The trio spoke Sunday afternoon at what was dubbed a mayoral forum h...

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Where is real estate as Measure ULA battle tees up

Buckle up as the fight over Los Angeles’ so-called mansion tax gets rowdy. With Friday’s initial meeting of the city’s Ad Hoc Committee on Measure United to House Los Angeles, the three-person group could very well pave the way for amendments t...

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Founders edition: Los Angeles’ top 100 real estate players 

Here’s an additional finding from The Real Deal’s recently published top 100: the founder factor is real.  Our selection of the most prominent people in Southern California real estate has a lot of founders, who, even if they’ve steppe...

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Walk it back: Pustilnikov, Crescent Heights projects approved in Beverly Hills after past denials

Beverly Hills officials were forced to reverse their high-profile rejections of builder’s remedy projects.  The Beverly Hills City Council voted this week to overturn a prior denial, granting an appeal from developer Crescent Heights and appro...

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DTLA’s Bank of America Plaza finds buyer after Brookfield’s $400M default

Brookfield’s Bank of America Plaza office tower in Downtown Los Angeles found a buyer from inside the building.  Capital Group entered an agreement to buy the 55-story building at 333 South Hope Street for $210 million or roughly $150 per squa...

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