Court Decision Protects Atmospheric Research Critical to Real Estate Industry

Federal judge blocks Trump administration's attempt to seize Wyoming supercomputing center from Boulder-based atmospheric research consortium under Administrative Procedures Act. The post Court Decision Protects Atmospheric Research Critical to Real ...

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Net-Lease REIT Builds Medical Portfolio With 102-Property Vet Deal

Four Corners Property Trust acquires 102 veterinary properties for $268 million in triple-net lease deal with Mission Pet Health as tenant. The post Net-Lease REIT Builds Medical Portfolio With 102-Property Vet Deal appeared first on Propmodo.

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Family-Run Japanese Hotel Chain Expands to US Gateway Markets

APA Group is expanding into US gateway cities and franchising Coast Hotels, aiming to double overseas rooms by 2031 despite loyalty program gaps. The post Family-Run Japanese Hotel Chain Expands to US Gateway Markets appeared first on Propmodo.

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Housing Market Stagnation Drives Mass Exodus From Brokerage Ranks

The real estate industry faces a major shift as thousands of agents leave amid a sluggish market, shrinking NAR membership, and rising tech competition. The post Housing Market Stagnation Drives Mass Exodus From Brokerage Ranks appeared first on Prop...

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Most Real Estate Organizations Fail to Train Employees on AI

AI is rapidly transforming commercial real estate, but new research reveals a troubling gap between adoption and employee training for effective use. The post Most Real Estate Organizations Fail to Train Employees on AI appeared first on Propmodo.

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PCCP, Alliance buy Riverside apartment complex for $65M

PCCP and Alliance Residential Company plunked down more than $65 million for an apartment complex in the Inland Empire’s biggest city.  The two firms acquired The Hawthorne, a 184-unit multifamily property at 9170 Indiana Avenue in Riverside, ...

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Olson Homes plots waterway-adjacent multifamily project in San Gabriel

An Orange County developer is poised to boost San Gabriel’s multifamily housing supply as the L.A. County city inches toward its state-mandated housing goal. Seal Beach-based Olson Homes is planning to develop a vacant lot at 824 South Gladys Avenu...

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Primary perspective on the politics of real estate in California

It’s primary election day. California voters are heading to the polls and dropping off their ballots for what feel like uncertain and unusually consequential races for Los Angeles mayor, California governor and more.  The Golden State real est...

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One-time studio boss, Grammy winner’s $15M Calabasas estate tops county’s luxury contracts

A Calabasas estate dubbed Oaktree Ranch topped last week’s luxury homes to go into contract with a nearly $15 million asking price.  As of Tuesday, the sale for the property at 715 Crater Camp Drive was still pending. The 19-acre equestrian es...

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Charles Company ditches offices for more resi, retail at long-languishing WeHo site

Another developer is reading the writing on the wall in the Los Angeles office market and tweaking its development plans accordingly.  The Charles Company has updated its plans for the vacant Melrose Triangle site at 9060 Santa Monica Boulevard ...

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Hollywood single-family lot to be divided for development of 13 more homes

A single-family home lot in Hollywood is poised to be subdivided for the development of more than a dozen additional homes at the site.  A new application filed with the Los Angeles Department of City Planning calls for the splitting of the lot ...

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