Realogy’s profits plunged during the second quarter, after coronavirus slowed home sales across the country, the brokerage giant said Thursday. Realogy reported a $14 million loss during the quarter — a huge drop from $69 million…
New home mortgage borrowers in majority-Black communities are charged higher interest rates than borrowers in majority-white communities. That was the finding from an analysis of 2018 and 2019 home purchase mortgage data, according to a Realtor.com…
A bipartisan bill introduced in Congress on Wednesday is intended as a lifeline for hotel and shopping-center CMBS borrowers. The measure would provide preferred equity to borrowers hurt by the coronavirus pandemic, taking from a $454…
The longtime property of late producer Richard Zanuck, which now holds a half-built modern mansion, just sold for $28.5 million in Beverly Park. …
After emerging from bankruptcy and paying a massive settlement to construction unions, Navillus Construction faces criminal charges that its president and his sister bilked more than $1 million from various construction unions. Donal O’Sullivan and his…
The coronavirus crisis led to a mandatory work-from-home experiment for office workers across the country, and while some seem to have enjoyed the experience, others have been less enthusiastic. Count employees of office landlord Paramount Group…
Jeff Bezos has scooped up a Beverly Hills home next door to the 10-acre estate he bought from David Geffen for a record $165 million in February. Amazon’s founder and CEO paid $10 million for the…
Screenwriter Jhoni Marchinko and interior designer Antonia Hutt have listed their home in the Hollywood Hills for sale at $3.895 million. …
A former Playboy Playmate of the Month snagged a waterfront home in Tequesta for $3.1 million, sources told The Real Deal. Karin Taylor purchased the 6,524-square-foot house at 8818 Southeast Riverfront Terrace for $475 per square…
Adam Demuyakor launched Wilshire Lane Partners, an LA-based venture capital firm that commits to a majority of portfolio companies having a diverse executive team….
Brookfield Asset Management has renegotiated a $6.4 billion credit facility for its retail-heavy real estate investment trust, Brookfield Property REIT. The deal imposes restrictions on dividends and requires other Brookfield Asset Management–owned entities to lend at…
In sickness and in health, till short-term, revenue-adjusted leases do us part. One of the U.K.’s biggest retail landlords is moving away from a traditional lease structure across its multibillion-dollar portfolio, opting to give tenants a…
In April, as the nation was in the thick of lockdown, Zillow CEO Rich Barton tweeted that his “personal opinions about WFH have been turned upside down over the past 2 months.” He’s now ready to…
Two state lawmakers have introduced bills aimed at ensuring the pandemic does not unravel rent regulation in New York. The twin bills, introduced Tuesday in the Senate and Assembly, propose removing the vacancy rate from the…
For Carl Weisbrod, there’s no where for New York to go but up. “I think we’ll see some fluctuation in the market here but ultimately I am confident that as it always has, the city is…
Tattoo artist Kat Von D is seeking $3.4 million for her castle-like home in the Hollywood Hills. …
Silverstein Properties has raised $30 million on the Tel Aviv Stock Exchange, after expanding its Series B bond offering first issued in September. The latest raise generated $30.4 million in demand, with a 3.54 percent interest…
Mortgage interest rates are decreasing again, after a slight tick upward last week….
The world-famous Sawmills Studio at an idyllic creekside Cornish property offers a slice of musical history…
The neighborhood coalition that opposed Inwood’s rezoning is taking another crack at dismantling it. Members of Inwood Legal Action, which is part of the neighborhood coalition Northern Manhattan is Not for Sale, voted Wednesday night to…
