Alon Abady Trades Beverly Hills Mansion for M

Alon Abady Trades Beverly Hills Mansion for $24M

An LLC managed by commercial real estate investor Alon Abady of Waterfall Bridge Capital has traded the mansion at 910 North Alpine Drive in Beverly Hills for $24 million, or $2,315 per... Read more »
Watch CNBC’s full interview with the ‘Big Short’ traders

Watch CNBC’s full interview with the ‘Big Short’ traders

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email ‘Big Short’ traders Danny Moses, Steve Eisman, Vincent Daniel and Porter Collins join ‘Fast Money’ to talk their portrayal... Read more »
Is 2024 a Good Time to Buy a House: Freddie Mac’s Forecast

Is 2024 a Good Time to Buy a House: Freddie Mac’s Forecast

A home purchase is a monumental financial decision that requires careful consideration. Determining the right time to buy depends on various factors, including your financial situation, interest rates, and negotiating power. To... Read more »
ICE Signs Raymond James Bank As New Encompass Client

ICE Signs Raymond James Bank As New Encompass Client

Mark your calendars for the ultimate real estate experiences with Inman’s upcoming events! Dive into the future at Connect Miami, immerse in luxury at Luxury Connect, and converge with industry leaders at... Read more »

Mauricio Umansky discusses his new NAR alternative

The Agency founder Mauricio Umansky has never been shy about pushing the envelope. In 2017, the broker, along with David Barnes, James Harris and Christopher Dyson, founded The PLS.com, a national home listing... Read more »
Mortgage Rates Expected to Drop to 5.5% in 2024

Mortgage Rates Expected to Drop to 5.5% in 2024

Mortgage rates in the U.S. will decline by the end of 2024, according to the latest Bloomberg Markets Live Pulse survey. The rate on a 30-year, fixed mortgage is expected to fall to 5.5% by Dec.... Read more »
Office Vacancy Ticks Up in tony Century City

Office Vacancy Ticks Up in tony Century City

Century City has stood out as an exception in L.A.’s struggling office market.  But the upscale district that recently drew such tenants as Sidley Austin and Creative Artists Agency saw its office... Read more »
Mortgage Rates Expected to Drop to 5.5% in 2024

West Harbor Completes Deal for City of Industry Distribution Property

West Harbor Capital, a real estate investment firm focused exclusively on infill industrial properties, closed the $16.5-million acquisition of a 69,498-square-foot multi-tenant distribution facility located at 14313-14351 E Bonelli St. in the City of... Read more »
Mortgage Rates Expected to Drop to 5.5% in 2024

Hollywood Burbank Airport Breaks Ground on $1.2B Terminal

The Burbank-Glendale-Pasadena Airport Authority (BGPAA) recently broke ground on a new passenger terminal at Hollywood Burbank Airport. Known as “Elevate BUR,” the $1.2-billion, 355,000 square-foot terminal will replace the existing terminal to... Read more »
Decline in US Home-Price Growth Amidst High Interest Rates

Decline in US Home-Price Growth Amidst High Interest Rates

The latest data for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices, reveal a deceleration in the upward trend for November 2023. Out of the 20 major metro markets,... Read more »