Regional Casinos Expand Non-Gaming Revenue as Digital Betting Shifts Customer Base

Casinos add dining, spas, and outdoor spaces to attract Gen Z customers who prefer online betting and seek entertainment beyond gambling. The post Regional Casinos Expand Non-Gaming Revenue as Digital Betting Shifts Customer Base appeared first on Pr...

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Home Builders Struggle to Convert Buyer Interest Into Sales Amid Rate Pressures

Hovnanian Enterprises posted a quarterly loss as high mortgage rates and buyer caution forced builders to rely on expensive incentives. The post Home Builders Struggle to Convert Buyer Interest Into Sales Amid Rate Pressures appeared first on Propmod...

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Prudential’s Asset Arm Targets $3 Billion Home Improvement Loan Portfolio

PGIM Credit will buy up to $3 billion in GreenSky home improvement loans as institutional investors pursue asset-backed finance tied to renovation spending. The post Prudential’s Asset Arm Targets $3 Billion Home Improvement Loan Portfolio appe...

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Lenders in Hong Kong Find Shelter in Student Housing Conversions

Hong Kong banks compete to finance student housing conversions as mainland enrollment surges and lenders seek alternatives amid a regional lending drought. The post Lenders in Hong Kong Find Shelter in Student Housing Conversions appeared first on Pr...

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America’s Largest Mall Tests Revenue From Underused Surface Parking

Mall of America will host drive-in movies in its North Lot, part of an ongoing effort to monetize parking areas with temporary attractions and events. The post America’s Largest Mall Tests Revenue From Underused Surface Parking appeared first o...

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Jamie Lee in at Kennedy Wilson, Kilroy CFO out

People, properties and politics … that’s the world of real estate. Well, that plus money. This week had it all and more.  L.A. peeps Lee’s father, Dr. David Lee founded Jamison, and named the company after her … one has to imagine this w...

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A Mamdani for LA?

Is Los Angeles ready to embrace a mayor with ties to the Democratic Socialists of America? Last week’s mayoral debate shows the answer may be no, at least for some. “There’s concern among some people about the growing influence of DSA — and w...

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Multifamily sales helps push LA County commercial investment up nearly 30%

As the summer gets hotter in Los Angeles County, commercial real estate investment sales are also heating up.  Nearly 7.3 million square feet of commercial property traded hands last month for a total sales volume of $2.1 billion, Commercial Obs...

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Another Westside multifamily project coming near Century City

Developer scores thumbs up from Los Angeles City Planning Commission for a proposed multifamily project on the Westside.  Planners approved a development from Jenson Capital Principal David Hanasab to replace a duplex and single-family home at 1...

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JPI teams up with Japanese firm to add $125M apartment project to busy pipeline

Apartment giant JPI acquired an industrial site in Gardena where it plans to build housing.  JPI is partnering with Tokyo-based Chuo Nittochi America Corporation on the $125 million project to build Normandie Apartments, a 257-unit community at ...

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“Captain America” star finds buyer for Hollywood Hills home after year on market, relisting

Chris Evans has secured a buyer for his Hollywood Hills home after more than a year of trying to land a sale.  The 45-year-old “Captain America” star’s $6.4 million listing is now under contingent offer, Realtor.com reported. The terms of ...

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