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California’s Four-Day Office Mandate Tests Sacramento’s Downtown Recovery Bet

California state workers face a four-day office mandate as union negotiations over telework and wages heat up ahead of contract expiration. The post California’s Four-Day Office Mandate Tests Sacramento’s Downtown Recovery Bet appeared fi...

Open Container Zones Deliver Revenue Surge for Downtown Boston Restaurants

Boston's debut social district weekend generated record bar revenues and over 10,000 visitors to Temple Place, prompting calls for permanent expansion. The post Open Container Zones Deliver Revenue Surge for Downtown Boston Restaurants appeared first...

Federal Property Maintenance Crisis Reaches $50 Billion as Buildings Deteriorate

Federal buildings face a $50 billion maintenance backlog, with employees working amid rats, mold, Legionella, and broken elevators as repair approvals lag. The post Federal Property Maintenance Crisis Reaches $50 Billion as Buildings Deteriorate appe...

Meta’s $800 Million Indiana Facility Tests Data Center Acceptance in Midwest Markets

Meta's $800 million Indiana data center opens late 2026 as surrounding cities impose bans and moratoriums on new facilities. The post Meta’s $800 Million Indiana Facility Tests Data Center Acceptance in Midwest Markets appeared first on Propmod...

Disney’s San Francisco Deal Could Help Steady an $850 Million Refinance

Disney Streaming's 76,000-square-foot One Market Plaza lease could help Rithm and Blackstone refinance $850 million in debt ahead of a 2027 maturity. The post Disney’s San Francisco Deal Could Help Steady an $850 Million Refinance appeared first on...

Canada’s Plan to Turn Distressed Condos Into Affordable Housing Draws Fire

Canada's C$1.45 billion plan to buy vacant condos and convert them to affordable housing faces backlash as critics call it a developer bailout. The post Canada’s Plan to Turn Distressed Condos Into Affordable Housing Draws Fire appeared first o...

Dakota Johnson makes quick sale on Hollywood Hills home

Dakota Johnson didn’t have to wait long to find a buyer for her longtime Los Angeles home. The “Fifty Shades of Grey” star sold her Hollywood Hills home for just above $5.92 million, only days after listing it late last month for $5.95 million,...

CIM Group considering going public in next several years

The colossal CIM Group could become a publicly traded company, though it will take several years to know. The Los Angeles-based real estate firm is combining its assets and investments with its public, nontraded real estate investment trust, Bisnow r...

Reuben brothers take keys to Witkoff’s West Hollywood hotel

The Reuben brothers have taken over Witkoff’s WeHo hotel on Sunset Strip. An entity connected to Steve Witkoff — founder of Witkoff Group in New York, and President Donald Trump’s Middle East special envoy — handed the Edition hotel over to a...

LA City Council to vote on putting ULA break for multifamily on ballot

Less than a week after a statewide ballot measure which would have eliminated Measure ULA was slashed, the Los Angeles City Council might be taking its own electoral path to making changes to the so-called mansion tax. On Wednesday, the council will ...

“I’ll (Not) Be Home”: Pat Boone lists longtime Beverly Hills Flats estate for $23M

Pat Boone is selling his Beverly Hills estate at a price much higher than “For a Penny.” The 92-year-old singer has listed his longtime home at 904 North Beverly Drive for just shy of $23 million, Mansion Global reported. Boone and his late...

Apartment occupancy in LA inches closer to 90%, lowest in years: Colliers

Apartment occupancy in Los Angeles County has fallen to a level not seen in several years. In the first quarter, multifamily occupancy dropped to 93.9 percent, L.A. Business First reported, citing a quarterly market report from Colliers. The ra...