L.A. Airbnb hosts are charging higher rates and raking in big payouts amid city crackdown

L.A. Airbnb hosts are charging higher rates and raking in big payouts amid city crackdown

Running an Airbnb in L.A. has never been more profitable. As the city tries to crack down on illegal listings, and advocacy groups complain about the company’s effect on L.A.’s housing crisis,... Read more »
The Future of Luxury: Tahoe City Lodge

The Future of Luxury: Tahoe City Lodge

Nestled amidst the pristine beauty of the Sierra Nevada, Tahoe City has long been a jewel of natural splendor, attracting visitors from around the globe to its serene lakeside and mountainous landscapes.... Read more »
Retail real estate ‘under invested in’ and outlook is strong, says Nuveen’s Carly Tripp

Retail real estate ‘under invested in’ and outlook is strong, says Nuveen’s Carly Tripp

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Carly Tripp, Nuveen Real Estate Head of Investments, joins ‘Closing Bell Overtime’ to talk pending home... Read more »
Compass, eXp notch more big recruiting wins

Compass, eXp notch more big recruiting wins

Compass has recruited New York-based brokers Tom Postilio and Mickey Conlon. Meanwhile, eXp added Calgary-based Sahil Chhabra and his team to its ranks. The moment has arrived — the moment to take... Read more »
San Diego MF Owners Divest After 50 Years

San Diego MF Owners Divest After 50 Years

Marcus & Millichap closed the sale of Casa Florencia, a 12-unit apartment property located at 1433 Thomas Ave. in San Diego. The asset was sold for $5,300,000. “After owning and managing the apartments for over 50 years, the... Read more »
San Diego MF Owners Divest After 50 Years

Class A Offices Trade for $14M in Temecula

CBRE recently negotiated the sale of the Tower Office Plaza in Temecula for $13.8 million to Level Asset Capital. Matt Pourcho, Anthony DeLorenzo, Matt Harris and Bryan Johnson of CBRE’s Investment Properties represented the seller, Providence Real Estate Group.... Read more »
Trade groups commend Fannie Mae’s newest step to address buybacks

Trade groups commend Fannie Mae’s newest step to address buybacks

The new functionality, added to the quality control process, “gives mortgage lenders the opportunity to address loan defect concerns earlier in the review process,” Scott Olson, executive director of the Community Home Lenders... Read more »
Trade groups commend Fannie Mae’s newest step to address buybacks

Why is housing inventory growing with higher mortgage rates?

Weekly housing inventory data Mortgage rates are still above 7% and haven’t been able to break below 6.50% for some time now. With mortgage rates higher, will this stop inventory from growing... Read more »
Trade groups commend Fannie Mae’s newest step to address buybacks

Magistrate judge recommends $46M in restitution from former Live Well CEO

After attorneys made their cases for both the U.S. government and former Live Well Financial CEO Michael Hild regarding a restitution amount owed to the company’s creditors, a magistrate judge overseeing the... Read more »
Trade groups commend Fannie Mae’s newest step to address buybacks

Loan Factory sued by originators for alleged use of unauthorized information

California-based mortgage brokerage Loan Factory was sued by a class of loan originators, who allege that the company used their personal and professional information, without their authorization, on its website in an... Read more »