In the fastest markets, more than 1 in 3 homes sell within a week. In the slowest, listings sit for months, Zillow’s latest data finds. The U.S. housing market is splitting in... Read more »
New York City Council Speaker Julie Menin on Friday announced a proposal to build up to 35,000 new apartments on nearly 3,000 small lots across the five boroughs. These would be made... Read more »
The Downtown Breakfast Club announced the winners of its 44th Annual Roses & Lemon Awards, held at the Millennium Biltmore Hotel, Crystal Ballroom. The longstanding tradition celebrates the people, places and projects... Read more »
Once recruiting is done, it’s time for brokers to start looking at the amount of income they’re making per agent, Joe Killinger writes. Most brokers I know obsess over recruiting. The successful... Read more »
Efficient operations help ensure a multifamily property runs smoothly. There’s no doubt about that. Just as important is that property’s culture. Culture improvement can reduce tenant and staff turnover, maintain and increase... Read more »
Nuveen Rel Estate has sold San Regis, a 390-unit multifamily property in the Van Nuys neighborhood of Los Angeles, for an undisclosed sum. The sale represents the largest multifamily transaction by unit count in Van Nuys since 2015, according... Read more »
State Compensation Insurance Fund has purchased a 158,785-square-foot Class A office building at 35 N. Lake Ave. in Pasadena, CBRE announced. Los Angeles Business First reported the purchase price as $33 million. The... Read more »
Authenticity opens the door. Broker-owner Deb Siefkin shares what actually carries the conversation when the decision gets difficult. Authenticity isn’t your problem. Most agents today are already more natural, more visible and... Read more »