Activist Campaigns Targets Another REIT

The post Activist Campaigns Targets Another REIT appeared first on Propmodo.

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AI Co-Workers Could Reshape How Much Office Space Companies Need

The post AI Co-Workers Could Reshape How Much Office Space Companies Need appeared first on Propmodo.

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AI Data Center Boom Creates $200 Billion Lending Puzzle for Commercial Real Estate

The post AI Data Center Boom Creates $200 Billion Lending Puzzle for Commercial Real Estate appeared first on Propmodo.

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Builders Unveil Plan for Massive “Trump Homes” Program

The post Builders Unveil Plan for Massive “Trump Homes” Program appeared first on Propmodo.

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Sandstone sells Warner Center site planned for 100% affordable housing

A 4.7-acre site in Woodland Hills is under new ownership and slated to become part of a fully affordable housing development in Warner Center.  An affiliate of Wellpointe Incorporated purchased 6400 Canoga Avenue from Sandstone Properties for an...

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LA City Council clears way for expedited Olympics construction projects

As the Winter Olympics get underway in Italy, Los Angeles officials are ramping up construction efforts for the 2028 Summer Olympics.  On Tuesday, the Los Angeles City Council voted to allow some temporary projects deemed necessary for the Games...

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Shopoff plots 83-acre mixed-use project for shuttered Westminster Mall

The former Westminster Mall is headed for new life as a mixed-use development from Shopoff Realty Investments.  Bolsa Pacific, the planned replacement for the shopping center that closed last fall, will rise on 83.3 acres in Westminster, Urbaniz...

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ICE in the desert: DHS buys $70M warehouse in Surprise for 418K sf detention facility

The U.S. Department of Homeland Security’s real estate acquisition spree now includes a warehouse in the Phoenix area.  The department, which houses Immigration and Customs Enforcement, purchased a 418,000-square-foot warehouse at 13290 West S...

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Movers: The Agency poaches Justin Alexander from Hilton Hilton

The latest exit out of Beverly Hills brokerage Hilton Hilton is Justin Alexander, who packed up his business and most of his team to head to The Agency. Alexander, along with Tab Howard and Jeremy Lingvall, are now based out of The Agency’s Beverly...

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Beverly Hills estate once owned by Hollywood Golden Age star hits market for $39M

A Beverly Hills estate fit for a Hollywood star is hitting the market.  A compound built for Hollywood Golden Age actor James Cagney is being offered for $38.5 million, the Wall Street Journal reported. The estate spans about 5 acres in the ritz...

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