Small Landlords Brace for Property Seizure Push in New York Congress Races

Two DSA candidates who won New York primaries pledge property seizures and national rent control, drawing sharp criticism from small landlords and industry groups. The post Small Landlords Brace for Property Seizure Push in New York Congress Races ap...

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Blackstone Mortgage Trust Takes Hit From Chicago Office Default

601W Companies defaults on a $343 million Blackstone loan for a Chicago office tower, adding to distress in a market still reeling from pandemic losses. The post Blackstone Mortgage Trust Takes Hit From Chicago Office Default appeared first on Propmo...

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Long-Term Defense Tenant Draws Institutional Buyers to $400M California Sale

Costa Mesa office campus leased to Anduril Industries hits market at $400 million as defense tech sector draws institutional capital to Southern California. The post Long-Term Defense Tenant Draws Institutional Buyers to $400M California Sale appeare...

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High-End Office Suites Are Filling the Gap Between WeWork and a Trophy Lease

The global flexible office market is soaring as businesses seek premium, turnkey workspaces combining flexibility, prestige, and modern amenities. The post High-End Office Suites Are Filling the Gap Between WeWork and a Trophy Lease appeared first on...

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Mayor Targets Platform Profits in Short-Term Rental Crackdown

Chicago sues Airbnb and host company Slumber Stay over 200 violations and alleged platform complicity in unlicensed short-term rental operations citywide. The post Mayor Targets Platform Profits in Short-Term Rental Crackdown appeared first on Propmo...

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Hollywood Hills home built for “Full House” creator lists for $40M

A Beverly Hills investor listed a 20,800-square-foot mansion in the Hollywood Hills built for the creator of the sitcom “Full House” for $39.8 million — twice its last traded price a decade ago. DG Home, led by Dan Gatsby, put the three-story h...

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Who is Buffy Wicks? Meet the legislator dividing California real estate

Buffy Wicks, the four-term California legislator who ignited a real estate firestorm this week with a proposal to cap transfer taxes statewide, signaled her priorities months ago. “In 2026, I’m interested in attending fewer bill signing ceremonie...

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Olson eyes 159 townhomes in Monterey Park

Olson Urban Housing wants to swap offices for 159 townhomes in a new gated community in Monterey Park. The Seal Beach-based unit of Olson Homes has filed plans to build the two- and three-story attached homes on 8 acres at 601 Potrero Grande Drive an...

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LA city’s top construction permits: Week ending June 24, 2026

🏆 New Building: The largest new development to secure permits last week was in West Adams, where plans were filed to build a 10,500-square-foot structure at 2140 to 2142 South Rimpau Boulevard. The project will be a four-story duplex with attached...

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Pacific Urban nabs Koreatown multifamily complex for $139M

Pacific Urban Investors picked up a seven-story apartment building in Koreatown for $139 million — $50 million less than it sold for seven years ago. The Palo Alto-based investor bought Next on Sixth, a 398-unit complex at 620 South Virgil Avenue, ...

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Skyscrapers encouraged: Development near transit in California’s biggest cities poised for major boost from new bill

Transit-oriented development in major cities across the Golden State is poised to take a much firmer shape with a piece of legislation that could help municipalities close the gap between housing demand and state-mandated planning goals. Assembly Bil...

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