Iran War Oil Shock Is Pushing Up Paving Costs From Roads to Parking Lots

The Iran war is driving oil volatility higher, raising asphalt costs and putting new pressure on developers, property owners, and municipal paving budgets nationwide. The post Iran War Oil Shock Is Pushing Up Paving Costs From Roads to Parking Lots a...

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Central Texas’s Data Center Boom Is Repricing Land, Power, and Industrial Development

Austin’s data center boom is reshaping Central Texas, driving new land values, infrastructure demands, and regional growth patterns across the I-35 corridor. The post Central Texas’s Data Center Boom Is Repricing Land, Power, and Industrial Devel...

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Transamerica Pyramid Sale Shows Trophy Offices Still Command a Premium in San Francisco

Yoda PLC completes its $725M purchase of San Francisco’s iconic Transamerica Pyramid, marking its first U.S. investment and expansion milestone. The post Transamerica Pyramid Sale Shows Trophy Offices Still Command a Premium in San Francisco appear...

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Sun Life Doubles Down on BGO, Bell, and the Future of Real Estate Alternatives

Sun Life strengthens its alternative investment strategy with full acquisitions of BGO and Crescent Capital, expanding global real estate and credit reach. The post Sun Life Doubles Down on BGO, Bell, and the Future of Real Estate Alternatives appear...

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Japanese Builders Are Reshaping the U.S. Housing Market

The post Japanese Builders Are Reshaping the U.S. Housing Market appeared first on Propmodo.

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Lights, camera, action: Jean Harlow’s Holmby Hills estate hits market for $17M

A well-positioned buyer in Los Angeles has the chance to slip into something more comfortable. A Colonial Revival mansion in Holmby Hills built for Old Hollywood legend Jean Harlow has hit the market for $16.8 million, the Wall Street Journal reporte...

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Goldman Sachs provides $80M refi for Marina Del Rey office campus

A creative office campus in Marina Del Rey received $80 million in refinancing from Goldman Sachs.  Continental Development and Mar Ventures, owners of the Del Rey Campus property, secured an $80 million first mortgage loan from Goldman Sachs, C...

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Anaheim mall set for housing rebirth as City Council approves latest OC theater demolition

Anaheim is set to receive more housing in the latest redevelopment of a Regal Edwards movie theater.  Last week, the Anaheim City Council gave final approval to transform the Anaheim Hills Festival shopping center into residences from Shea Prope...

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Cerberus’ Wedbush Center faces foreclosure after $100M-plus default

Cerberus Capital Management’s Wedbush Center in downtown Los Angeles faces foreclosure after a debt default.  The alternative investment outfit owes about $135 million on its office tower on Wilshire Boulevard, according to a notice of default and...

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Santa Ana mall housing underway as OC retail centers pivot to resi

The MainPlace Mall in Santa Ana is poised to get more than 400 new residential units.  Developers have broken ground on The Carina, a multifamily development at the Orange County retail property, L.A. Business First reported. Once complete, the ...

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Angela Aman joins LA real estate players backing Matt Mahan’s run for governor

Kilroy Realty CEO Angela Aman joined the Los Angeles real estate crew backing Matt Mahan, the NorCal mayor and California governor hopeful.  Aman donated $10,000 to Mahan in late March, campaign finance data revealed. A Kilroy representative did...

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