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Power Acquisitions Surge as Data Center Developers Bypass Grid Delays

DigitalBridge's $1.1 billion ArcLight acquisition reflects data center operators buying power developers to bypass grid delays and secure electricity supply. The post Power Acquisitions Surge as Data Center Developers Bypass Grid Delays appeared firs...

Luxury Condo Project on Surfside Collapse Site Fails to Attract Buyers

A Dubai developer paid $120 million for the Surfside collapse site but has sold no units after 18 months, pausing construction amid insurance and pricing challenges. The post Luxury Condo Project on Surfside Collapse Site Fails to Attract Buyers appe...

Arbitrator Awards $1.34 Billion in Real Estate Fraud Case Tied to Laguna Beach Portfolio

JAMS arbitrator awards Mohammad Honarkar $1.34 billion in Southern California real estate fraud case involving joint venture that collapsed his property portfolio. The post Arbitrator Awards $1.34 Billion in Real Estate Fraud Case Tied to Laguna Beac...

Manhattan’s Bryant Park Grill Loses Eviction Fight

Bryant Park Grill faces eviction after court ruling as nonprofit park operator plans higher-revenue replacement with luxury dining brand. The post Manhattan’s Bryant Park Grill Loses Eviction Fight appeared first on Propmodo.

Pimco Commits Capital to Climate Resuluent Building Upgrades

Pimco launches strategy to acquire and retrofit aging buildings in climate-resilient cities as regulations tighten and insurance costs climb. The post Pimco Commits Capital to Climate Resuluent Building Upgrades appeared first on Propmodo.

Economics of Home Ownershitp is Tied to the Living Situation of Young Adults

Record 25.2 million adults under 35 live with parents in 2025, with 70 percent employed—reshaping household formation and housing demand assumptions. The post Economics of Home Ownershitp is Tied to the Living Situation of Young Adults appeared f...

Seaside $19M Trump National estate in Rancho Palos Verdes tops LA County’s luxury contracts

An Italian Renaissance villa in Rancho Palos Verdes’ Trump-branded community crowned the list of luxury residential contracts signed in Los Angeles County last week. The 10,987-square-foot manse at 32040 Cape Point Drive in The Estates at Trump Nat...

Startups fuel coworking surge across Los Angeles

Coworking offices are booming across Los Angeles. The Los Angeles region added 1.4 million square feet of coworking offices last year, 16 percent more than in 2024, L.A. Business First reported, citing a study by WeWork. The jump in shared, flexible ...

Metlife requests receiver on Rockpoint’s Miracle Mile office tower, alleging default

Metlife wants Rockpoint to cede control of a Miracle Mile office tower. In a complaint dated early June, the lender claims the owner is in default on a roughly $164 million loan. Metlife alleges Rockpoint, a Boston-based private equity outfit, ...

Netflix pays $400M for foreclosed LA studios amid shift to property ownership

Netflix dropped nearly $400 million on a century-old Los Angeles movie studio that was seized by banks in a foreclosure. The Studio City lot last traded five years ago for $1.85 billion. The Los Gatos-based media and streaming company bought the Radf...

Star-studded homes hit the market in Montecito and Pasadena

There was celebrity buzz this week in Southern California residential real estate. A home in Montecito — which Meg Ryan flipped — reentered the market asking just shy of $20 million. The “When Harry Met Sally…” star purchased the property...

Michael Hackman takes the stage at WeHo conference

Is Michael Hackman a phoenix who will rise from the ashes? He seems to think so. “We have a couple deals that we just made mistakes on, and we’re going to lose a lot of money on those properties, but that happens. We’ve accepted it, and n...