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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.

Fannie Mae Opens the Door to Crypto Backed Mortgages

The post Fannie Mae Opens the Door to Crypto Backed Mortgages appeared first on Propmodo.

Discounted Debt Deal Revives Troubled San Francisco Office Tower

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

Zions Moves Deeper Into Multifamily Lending With New Deal

The post Zions Moves Deeper Into Multifamily Lending With New Deal appeared first on Propmodo.

Saudi Real Estate IPOs Face a New Test

The post Saudi Real Estate IPOs Face a New Test appeared first on Propmodo.

KB Home Lowers Guidance as Housing Demand Slips On Uncertainty

The post KB Home Lowers Guidance as Housing Demand Slips On Uncertainty appeared first on Propmodo.

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...

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...

Altadena HOA sues resident over unpaid $24K post-fire assessment

An Altadena homeowners association is going to court over a controversial special assessment issued in the wake of the Eaton fire. The gated Altadena community lost 52 of its 272 homes in last year’s Eaton fire, but all homeowners in the community ...

Measure ULA committee weighs mansion tax “best practices,” pros and cons

The committee formed to tackle all matters related to Measure United to House Los Angeles met for the first time on Friday in what’s shaping up to be another contentious battle over the so-called mansion tax. At the heart of the tussle is whether t...

Shoreham plans to up housing tenfold on WeHo lot above Sunset Strip

More multifamily housing is poised to rise in West Hollywood. Shoreham Capital has proposed replacing a duplex at 8760 Shoreham Drive with a new six-story building containing 22 one- and two-bedroom units above a 23-car garage, Urbanize Los Ang...

Chatsworth nonprofit inks largest office lease in LA County so far this year

As the third quarter comes to a close, a social services organization has notched the largest office lease of the year so far in Los Angeles County. The North Los Angeles County Regional Center has renewed and expanded its headquarters lease at...