Labor over Inflation has been the theme for mortgage rates to go lower in 2024, with the understanding that as soon as the labor market softens, the 10-year yield should head lower,... Read more »
The Federal Reserve cut rates by 0.50% on Sept. 18 and mortgage rates and bond yields headed higher. But, we have to remember that mortgage rates had already made an almost 2%... Read more »
The reincarnation of a shuttered Los Angeles retail mecca as a sprawling UCLA research center has received a major boost from billionaire philanthropist Dr. Gary Michelson and his wife, Alya, who will... Read more »
As I stepped into the home for the final walkthrough, that I had been in several times before, something extraordinary happened. It wasn’t the grand living spaces or the luxurious finishes, it... Read more »
Insured losses for Hurricane Helene are now estimated at over $6 billion, but the uninsured losses are far higher. That’s because the vast majority of homes impacted by the storm, especially in... Read more »
Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter... Read more »
Global Holdings has rebranded the Gramercy Park rental building 51 Irving Pl. to Anagram Gramercy, marking the third residential tower under Global’s Anagram umbrella, with more planned in the future. Anagram Gramercy joins Anagram... Read more »
Drawbridge Realty has acquired 2220 Colorado Ave., a 225,773-square-foot headquarters building in Santa Monica’s Silicon Beach neighborhood, for a reported $185 million. The building is 100% triple-net leased to Universal Music Group... Read more »
Chartwell Real Estate Development completed the $27.8-million purchase of Park Pacific Shopping Center, a grocery-anchored retail property in the heart of Hermosa Beach. Located at 1100 Pacific Coast Hwy., the 49,911-square-foot shopping center is currently... Read more »
Homeowners 62 and older saw their collective home equity levels rise in the second quarter of 2024 by roughly $600 billion, increasing to a total of $14 trillion and continuing a streak... Read more »