Property Owners Are Walking Away From Lucrative ICE Detention Deals

The post Property Owners Are Walking Away From Lucrative ICE Detention Deals appeared first on Propmodo.

Read more

Pershing Square Faces Lawsuit Over Howard Hughes Control Deal

The post Pershing Square Faces Lawsuit Over Howard Hughes Control Deal appeared first on Propmodo.

Read more

American Dream Mall Faces Legal Test Over Debt Assumptions

The post American Dream Mall Faces Legal Test Over Debt Assumptions appeared first on Propmodo.

Read more

Miami Investment Sales Jump 35% as Multifamily and Retail Lead the Surge

The post Miami Investment Sales Jump 35% as Multifamily and Retail Lead the Surge appeared first on Propmodo.

Read more

Real Estate Services Face AI Questions but Not an Existential Threat

The post Real Estate Services Face AI Questions but Not an Existential Threat appeared first on Propmodo.

Read more

Westwood home clocks in as LA’s top contract with $16M ask

A Westwood residence listed for $16.2 million was last week’s high watermark when it came to Los Angeles County’s signed contracts.   That’s according to Douglas Elliman’s Eklund Gomes team, which produces a weekly roundup of the co...

Read more

$37M Sawtelle Japantown office loan lands in special servicing

The debt on an office building in West Los Angeles’ Sawtelle Japantown neighborhood landed in special servicing after the borrower failed to pay it off at its January maturity date, according to Morningstar Credit.  The named loan sponsor is f...

Read more

Lennar affiliate plans resi conversion of 24-acre Irvine office campus after $232M buy

A 24-acre office campus in the Irvine Business Complex is due for a residential conversion after it sold for $232.1 million, fetching more than double its last sale price in one of Orange County’s largest recent land sales.  A joint venture of...

Read more

Toronto billionaire Prem Watsa in line for majority stake in Kennedy Wilson

Beverly Hills-based real estate investment firm Kennedy Wilson plans to go private in a $1.7 billion deal led by Fairfax Financial Holdings Limited senior management. The all-cash deal is expected to give Toronto-based Fairfax Financial a majority in...

Read more

Focus on TRD Data: Top Pomona industrial sale in 2025 nears $53M

A property at 2867 Surveyor Street sold for roughly $52.7 million in January 2025, maintaining the top industrial sale spot for the year, and blowing away the competition, according to Los Angeles County tax assessor data and research by The Real Dea...

Read more

Downsizing and departures in La La Land

Hilton & Hyland lost its managing director, and you could call industry reaction to the latest in the brokerage’s saga muted to say the least. Steve Katz, who joined the brokerage a  little over a year ago, exited quietly shortly after Ne...

Read more