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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

“Game of Thrones twist”: Last minute deal spikes ballot measure to kill LA mansion tax

First you see a measure to kill L.A.’s controversial mansion tax heading toward the November ballot. Then poof: you don’t. The proposed ballot measure to eliminate Measure ULA and similar real estate transfer taxes across the state was pulled in ...

Read more

Malibu estate featured in “The O.C.” and “Last Action Hero” listed for $90M

A cliff-top estate in Malibu built by the late developer Ken Harges and featured in television’s “The O.C.” and film’s “Austin Powers” has hit the market for $90 million. The Harges family has listed the 17,700-square-foot Mediterranean-s...

Read more

Ben Belack talks ramping up Serhant’s West Coast expansion

“Owning Manhattan” star Ryan Serhant has been growing his namesake brokerage steadily across the country in recent years, culminating earlier this year in the opening of four California offices in Los Angeles, San Francisco, San Diego and Orange ...

Read more

Judge rules in favor of Inglewood in legal dispute with Hollywood Park

City of Inglewood: 1. Stan Kroenke and his SoFi Stadium: 0. The city surrounding the Hollywood Park retail, office residential and stadium complex has prevailed in one of two lawsuits filed by its billionaire developer and owner during what was suppo...

Read more

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...

Read more

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...

Read more