Why Two Referendums May Matter More Than NYC’s New Mayor for Developers

The post Why Two Referendums May Matter More Than NYC’s New Mayor for Developers appeared first on Propmodo.

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Big Capital Moves Into Affordable Housing

The post Big Capital Moves Into Affordable Housing appeared first on Propmodo.

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Simon Property Group’s Results Challenge the Retail Real Estate Recession Story

The post Simon Property Group’s Results Challenge the Retail Real Estate Recession Story appeared first on Propmodo.

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Compass Accuses Zillow of Monopolistic Control in New Legal Battle

The post Compass Accuses Zillow of Monopolistic Control in New Legal Battle appeared first on Propmodo.

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Talking to Your Photos: How Chat AI Is Changing Real Estate Listings

In real estate marketing, perceptions are everything. A unit that looks unappealing or unfinished in photos can sit vacant for weeks, while one that looks polished can attract inquiries within hours. Yet, with tight turnover schedules and tenants oft...

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Venice motel-to-housing conversion moves ahead after years on back burner

Work has finally begun on a city-funded project to convert a decommissioned Venice hotel into permanent housing for formerly homeless individuals.  Redevelopment of the former Ramada Inn at 3130 West Washington Boulevard into housing started thi...

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Lincoln, Artemis joint venture strikes again with $65M OC industrial buy

Lincoln Property Company and Artemis Real Estate Partners have joined forces to buy an Orange County industrial facility.  Paper Mart, a family-owned packaging supply company with a century-long history, sold its 250,000-square-foot headquarters...

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Hudson Pacific posts $136M loss amid film studio pain 

More losses at Hudson Pacific Properties.  The Los Angeles-based real estate investment trust reported a loss of $136.5 million in the third quarter compared to $97.9 million a year earlier. That put losses for the nine months ending Sept. 30 at...

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CIM beefs up Mid-Wilshire mixed-use hub with more resi units

CIM Group is adding more units to its planned housing project at the former Farmers Insurance campus in Mid-Wilshire.  The local firm is calling for the construction of a two-story building with 50 apartments and parking for 51 vehicles, Urbanize Lo...

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Irvine office park in line for resi conversion

Cityview is looking to redevelop an office complex in Irvine into housing.  The Los Angeles-based firm plans to build a 422-unit residential building at the site of the two-building Newport Summit office complex, at 19600 and 19700 Fairchild Road, t...

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Lincoln drops $70M on Manhattan Beach office for resi redev

Lincoln Property Company purchased a five-story Manhattan Beach office building on the Rosecrans Avenue corridor with multifamily redevelopment plans. The Dallas-based firm paid $70 million, or $569 per square foot for the 123,000-square-foot buildin...

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