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JLL Earnings Beat Helps Push Back Against AI Scare in CRE Stocks

The post JLL Earnings Beat Helps Push Back Against AI Scare in CRE Stocks appeared first on Propmodo.

NYC Property Tax Hike Threat Signals Fiscal Pressure on Real Estate

The post NYC Property Tax Hike Threat Signals Fiscal Pressure on Real Estate appeared first on Propmodo.

Federal Bill Could Require Data Centers to Generate Their Own Power

The post Federal Bill Could Require Data Centers to Generate Their Own Power appeared first on Propmodo.

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.

Pershing Square Faces Lawsuit Over Howard Hughes Control Deal

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

American Dream Mall Faces Legal Test Over Debt Assumptions

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

Former Saban international exec seeks $42M for Brentwood manse

A chateau-inspired mansion in Brentwood hit the market for the first time ever, asking $42 million. The 9,000-square-foot residence at 12721 Chalon Road was custom built for the seller, a trust tied to Stan and Abbie Golden, property records show....

Public Storage shifts HQ from California to North Texas

The country’s largest self-storage landlord is packing up its headquarters for Texas. Public Storage announced it will relocate its corporate headquarters from Glendale, California, to Frisco, cementing North Texas’ status as a magnet for corpora...

Ikea readies 38K sf Culver City store in LA regional first

Ikea is growing its presence in Los Angeles with a new location in Culver City. The Swedish furniture giant is planning to open its first city-center store in the Los Angeles area at 3225 Helms Avenue in Culver City’s Helms Design District la...

Comstock scores $50M Schroders financing for resi, retail project in Commerce

Comstock Realty Partners is closer to making a 14-acre master-planned community in Commerce a reality. Century City-based Comstock secured $50 million in remediation financing from lender Schroders Capital linked to the Modelo residential and r...

OC realtors trade group sued over alleged effort to block senior housing

A San Clemente-based housing developer has sued the trade group Orange County Realtors, accusing it of trying to block a $130 million senior housing project that already obtained city approvals. Nick Buchanan, an infill developer based in San Clement...

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...