Microsoft Leads a Broader Post-Pandemic RTO Wave

The post Microsoft Leads a Broader Post-Pandemic RTO Wave appeared first on Propmodo.

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Meet the Brothers Turning Los Angeles’ Housing Crisis Into an Investment Opportunity

Due to a number of converging economic factors, affordable housing development is harder than even in a lot of American cities. One of those cities is Los Angeles. Currently, around 78 percent of the city is zoned for single family housing. Attempts ...

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Power Is the New Land in the Data Center Boom

The post Power Is the New Land in the Data Center Boom appeared first on Propmodo.

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Will Falling Lumber Costs Spark Interest in Mass Timber?

The post Will Falling Lumber Costs Spark Interest in Mass Timber? appeared first on Propmodo.

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Zillow Pulls 47,000 Photos as CoStar Lawsuit Puts Copyright on Trial

The post Zillow Pulls 47,000 Photos as CoStar Lawsuit Puts Copyright on Trial appeared first on Propmodo.

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Jamison faces downtown office foreclosure after sale collapsed

Foreclosure is underway for the Jamison Properties-owned office building at 811 Wilshire Boulevard, after the landlord defaulted on debt connected to the property and a deal to sell it fell apart.   Jamison had a buyer under contract to sel...

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Trump orders secrecy on $500M vets housing project at Westwood VA LOCAL

President Trump’s planned veteran housing community in West Los Angeles is moving forward under a shroud of secrecy. The Department of Veterans Affairs is purportedly requiring everyone associated with the project’s planning, including employees,...

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Corinthia’s Beverly Hills spree snares priciest office deal this year

Corinthia Hotels International is growing its planned redevelopment portfolio in Beverly Hills.  An entity affiliated with the Malta-based hotel owner and manager bought the office building at 9800 Wilshire Boulevard and an adjoining parking str...

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Measure ULA pushes city housing funds to record level

The Los Angeles Housing Department is preparing to distribute $387 million to developers across the city to build affordable multifamily residences, marking the biggest such allocation of funds from the Housing Department in the agency’s history. M...

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Cress Capital spends $41M on discounted Newport Beach office 

Cress Capital has added a discounted office building in Newport Beach to its collection.  The Newport Beach-based real estate company bought the 215,000-square-foot building at 1301 Dove Street for $41 million, the Orange County Business Journal...

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Back-to-school bump in LA as signed contracts reach $138M

Los Angeles County’s residential market showed signs of life in the first week of September. Nineteen homes went into contract, which was good for a total asking volume of $137.5 million. That’s three more signed contracts and an 8.7 percent rise...

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