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Despite Bubble Talk, Brookfield’s $10B Bet Shows AI Infrastructure Spending Is Heating Up

The post Despite Bubble Talk, Brookfield’s $10B Bet Shows AI Infrastructure Spending Is Heating Up appeared first on Propmodo.

Leverage Catches Up to NYC’s Most Notorious Landlord

The post Leverage Catches Up to NYC’s Most Notorious Landlord appeared first on Propmodo.

How New Lease Rules Are Redrawing Real Estate Strategy

Accounting standards rarely make headlines, but they can change the way entire industries operate. That is exactly what has happened with the wave of new lease accounting standards that have gone into effect across the world. In the U.S., the Financi...

The Office Comeback That’s Skipping Over Much of America

The post The Office Comeback That’s Skipping Over Much of America appeared first on Propmodo.

Canadians Keep Buying Into America’s Housing Market Despite Political Chill

The post Canadians Keep Buying Into America’s Housing Market Despite Political Chill appeared first on Propmodo.

Norway’s Sovereign Wealth Pivot: Linking Office Real Estate with Green Power

The post Norway’s Sovereign Wealth Pivot: Linking Office Real Estate with Green Power appeared first on Propmodo.

LA resi deals flowing: Luxury sales up even if prices are off

A Billionaire’s Row home in the Hollywood Hills led the pack among signed contracts in L.A. last week. The Bird Streets residence, at 1457 Blue Jay Way, priced at just under $16 million, or $1,632 per square foot, topped a weekly signed contracts r...

In Witte’s wake: Who are Related California’s new co-CEOs?

William “Bill” Witte is stepping back from day-to-day duties at Related California, where the other shoes are now set to drop on Jan. 1. Yes, shoes — plural — based on the math laid out behind yesterday’s news that Witte will exit his role ...

LA’s affordable-housing fast-track packs development pipeline

Los Angeles’ Executive Directive 1 has made all-affordable housing the most competitive development play in the city. Developers are increasingly opting to build 100 percent affordable apartments as a way of getting projects through the approval ...

“This is bullshit”: LA City Councilmember says Bass has “botched” wildfire recovery

Tensions over the lack of transparency in “who’s calling the shots” on the fire recovery boiled over this week as a contractor sought approval of $8 million for rebuilding work. “We’ve had a lot of false starts from the beginning of this, f...

Meritage Homes buys former Trinity Broadcasting campus in Costa Mesa

The former Costa Mesa headquarters of Trinity Broadcasting Network is on the road to resi redevelopment. Meritage Homes bought the 6-acre property at 3150 Bear Street in Costa Mesa for $44.5 million, the Orange County Business Journal reported....

UCLA’s student-housing pipeline grows with 19-story Westwood project

The University of California, Los Angeles is adding another high-rise dorm building next to its campus in Westwood. UCLA is planning to build a 19-story, 310,000-square-foot building with 148 units at 901 Levering Avenue, Urbanize Los Angeles repor...