Latest News - Emad Basma, Agent4Life Realty

Main Content

Home > Latest News

Federal Property Maintenance Crisis Reaches $50 Billion as Buildings Deteriorate

Federal buildings face a $50 billion maintenance backlog, with employees working amid rats, mold, Legionella, and broken elevators as repair approvals lag. The post Federal Property Maintenance Crisis Reaches $50 Billion as Buildings Deteriorate appe...

Meta’s $800 Million Indiana Facility Tests Data Center Acceptance in Midwest Markets

Meta's $800 million Indiana data center opens late 2026 as surrounding cities impose bans and moratoriums on new facilities. The post Meta’s $800 Million Indiana Facility Tests Data Center Acceptance in Midwest Markets appeared first on Propmod...

Disney’s San Francisco Deal Could Help Steady an $850 Million Refinance

Disney Streaming's 76,000-square-foot One Market Plaza lease could help Rithm and Blackstone refinance $850 million in debt ahead of a 2027 maturity. The post Disney’s San Francisco Deal Could Help Steady an $850 Million Refinance appeared first on...

Canada’s Plan to Turn Distressed Condos Into Affordable Housing Draws Fire

Canada's C$1.45 billion plan to buy vacant condos and convert them to affordable housing faces backlash as critics call it a developer bailout. The post Canada’s Plan to Turn Distressed Condos Into Affordable Housing Draws Fire appeared first o...

Small Landlords Brace for Property Seizure Push in New York Congress Races

Two DSA candidates who won New York primaries pledge property seizures and national rent control, drawing sharp criticism from small landlords and industry groups. The post Small Landlords Brace for Property Seizure Push in New York Congress Races ap...

Blackstone Mortgage Trust Takes Hit From Chicago Office Default

601W Companies defaults on a $343 million Blackstone loan for a Chicago office tower, adding to distress in a market still reeling from pandemic losses. The post Blackstone Mortgage Trust Takes Hit From Chicago Office Default appeared first on Propmo...

Jamison claws for more rent money in K-Town

Jamison is after more rent money. In an early June complaint, the landlord claimed a tenant at its Koreatown mall, Handhin Pocha, was late on the rent. The family company said the comfort food spot at its City Center on 6th owed $71,250 — and Jam...

Trump National home fetches LA’s priciest contract as transfer taxes remain unanswered question

The same week President Trump declined to sign a bipartisan housing bill passed by Congress, a home in his Trump National community in Rancho Palos Verdes fetched the biggest sale of the week in the L.A. area. Villa Cape Point, a nearly 11,000-...

“Game of Thrones twist”: Last minute deal spikes ballot measure to kill LA mansion tax

First you see a measure to kill L.A.’s controversial mansion tax heading toward the November ballot. Then poof: you don’t. The proposed ballot measure to eliminate Measure ULA and similar real estate transfer taxes across the state was pulled in ...

Malibu estate featured in “The O.C.” and “Last Action Hero” listed for $90M

A cliff-top estate in Malibu built by the late developer Ken Harges and featured in television’s “The O.C.” and film’s “Austin Powers” has hit the market for $90 million. The Harges family has listed the 17,700-square-foot Mediterranean-s...

Ben Belack talks ramping up Serhant’s West Coast expansion

“Owning Manhattan” star Ryan Serhant has been growing his namesake brokerage steadily across the country in recent years, culminating earlier this year in the opening of four California offices in Los Angeles, San Francisco, San Diego and Orange ...

Judge rules in favor of Inglewood in legal dispute with Hollywood Park

City of Inglewood: 1. Stan Kroenke and his SoFi Stadium: 0. The city surrounding the Hollywood Park retail, office residential and stadium complex has prevailed in one of two lawsuits filed by its billionaire developer and owner during what was suppo...