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Why the Hotel and Residential Building Hybrid Is Having a Moment

TOOR Hotel Toronto pairs boutique hospitality with The 203 Residences, showing how hotel-branded rental housing is reshaping luxury urban living. The post Why the Hotel and Residential Building Hybrid Is Having a Moment appeared first on Propmodo.

California Transit Density Law Opens Door to 1.5 Million New Units

California's SB 79 allows buildings up to nine stories near transit stops starting July, unlocking zoning for 1.5 million units across eight counties. The post California Transit Density Law Opens Door to 1.5 Million New Units appeared first on Propm...

AI Tenant Demand Drives Manhattan Toward Strongest Leasing Year in Two Decades

AI firms are driving Manhattan toward its best office leasing year since 2000, with first-quarter absorption surpassing all of 2024. The post AI Tenant Demand Drives Manhattan Toward Strongest Leasing Year in Two Decades appeared first on Propmodo.

White House Keeps Fannie and Freddie Privatization Alive Despite Leadership Shuffle

Trump confirms Fannie Mae and Freddie Mac IPO remains under consideration despite naming FHFA director to temporary intelligence role. The post White House Keeps Fannie and Freddie Privatization Alive Despite Leadership Shuffle appeared first on Prop...

Flight to Quality Tightens Chicago’s Premium Office Inventory

Chicago's Tier 1 office vacancy sits at 8.5% and is forecast to fall below 5% by 2030 as tenants compete for premium space. The post Flight to Quality Tightens Chicago’s Premium Office Inventory appeared first on Propmodo.

From Industry Coverage to Mainstream News: Real Estate Portal Wars Go Public

Compass's $1.6 billion Anywhere acquisition and ongoing battles with Zillow over listing access are redrawing industry power lines and regulatory attention. The post From Industry Coverage to Mainstream News: Real Estate Portal Wars Go Public appeare...

Will Becerra, Hilton bring real estate backers to November runoff?

The Los Angeles real estate industry’s top choice for California governor didn’t make it past election night — Matt Mahan conceded after earning just 4 percent of the vote — but another industry favorite made it to the November runoff: Steve ...

HACLA buys one of ED1’s first completed properties in Sawtelle for $17M

The City of Los Angeles has acquired one of the first affordable housing projects completed under its Executive Directive 1. The Housing Authority of the City of Los Angeles purchased Sands Off Sawtelle, a 44-unit apartment building at 11418 Mi...

Pacific Palisades manse asking $20M tops last week’s resi contracts

A roughly 9,200-square-foot mansion in Pacific Palisades listed for just shy of $20 million topped last week’s luxury home contracts in Los Angeles County. If the sale is finalized, it will be the first trade for the six-bedroom home at 1480 Capri ...

Vacant Walgreens in Reseda to be converted into 290 mixed-income apartments

A developer is looking to replace a shuttered Walgreens in Reseda with nearly 300 apartments. Ariel Namvar of Park Sherman LLC has filed an application with the Los Angeles Department of City Planning to demolish the decommissioned pharmacy bui...

601W scoops up distressed DTLA offices from Brookfield with $132M loan

601W Companies has completed its acquisition of one of Brookfield’s distressed office towers in Downtown Los Angeles. The New York-based firm purchased the 55-story Class A office building at 333 South Grand Avenue, known as the Wells Fargo C...

South Pasadena lists batch of former Caltrans “Stub” homes for sale

Another batch of homes caught in one of Southern California’s longest-running infrastructure battles is heading to market. On Tuesday, the City of South Pasadena will list eight former Caltrans-owned properties for sale, marking the latest step in ...