Blackstone is in talks to acquire H&R REIT assets after the Canadian firm repositioned away from office and retail toward apartments and industrial.
The post Private Equity Returns to REIT Takeovers After Portfolio Cleanup appeared first on Prop...
Detroit tenants and attorneys demand 36th District Court verify landlord compliance certificates before eviction judgments, as only 14 percent of rental properties comply.
The post Detroit Tenants Challenge Court to Enforce Rental Compliance Before E...
Google rolls out real estate listing ads in all 50 states, putting the search giant in direct competition with Zillow and other portals.
The post Real Estate Portals Face New Competition as Google Opens Listing Ads Nationwide appeared first on Propmo...
Ken Griffin expands his Brickell development plans with more office space and residential units after clashing with New York's mayor over a wealth tax.
The post Citadel Doubles Down on Miami Campus After Manhattan Tax Clash appeared first on Propmodo...
Core inflation came in below forecasts at 2.9%, keeping the Fed on hold and 30-year mortgage rates near 6.5% despite headline CPI hitting 4.2%.
The post Core Inflation Data Keeps Fed Neutral, Mortgage Rates Pinned Near 6.5% appeared first on Propmodo...
Figure acquires Kiavi for $717 million as institutional capital expands into fix-and-flip and small landlord lending markets.
The post Institutional Capital Pours Into Small Investor Lending With $717 Million Deal appeared first on Propmodo.
As state and local races were called this past week following the June 2 primary, real estate money has fewer candidates to turn to. For Los Angeles mayor, City Council member Nithya Raman took down reality TV star Spencer Pratt — who had not...
It was a DTLA week — so, let’s take it from the top. Northwind announced it made a $132 million first-mortgage acquisition note to back 601W’s purchase of Wells Fargo Center’s North Tower, distressed offices downtown owned by Brookfield...
Los Angeles Rams quarterback Matthew Stafford trims his Hidden Hills holdings, unloading three luxury homes for $21.3 million in back-to-back deals in a matter of hours. The sales comprise three homes at 5841 Round Meadow Road that became rappe...
A mansion in Pasadena made famous by a 1980s television brawl just hit the market for an eye-popping sum. The Arden Villa at 1145 Arden Road is up for sale for $45 million, Robb Report reported. The home served as the backdrop for the famous li...
A signature homelessness initiative championed by Mayor Karen Bass is facing mounting scrutiny after hundreds of taxpayer-funded apartments meant for homeless residents sat empty while public agencies continued paying rent. At the same time, federal ...
Rockpoint is adding a nearly 100-unit apartment community in Westwood to its nationwide multifamily portfolio. The Boston-based private equity firm acquired Wilshire Margot, a 97-unit mid-rise property at 10599 Wilshire Boulevard, from NMS Resi...
