President Donald Trump has unveiled a sweeping new pledge from some of the nation’s biggest tech companies, promising that homeowners won’t foot the bill for power-hungry AI data centers. Under the deal... Read more »
Job cuts are reportedly occurring across multiple divisions, including investment banking, trading, investment management and wealth management. Within wealth management, private bankers and back-office support staff were among those affected. Layoffs began... Read more »
A proposed production campus in Baldwin Hills has been given the go-ahead from the Los Angeles City Planning Commission. 4S Bay Partners can move forward on its Stocker Street Creative endeavor at... Read more »
While the U.S. homeownership rate has hardly budged in more than a decade, the median age of American homeowners has grown considerably older as younger buyers find themselves locked out of the... Read more »
A decade of MBA Quarterly Performance Reports tells a story the mortgage industry has yet to fully absorb. A 200 basis point gap between TopTier® and Bottom Tier lenders persists. As of... Read more »
Playtime is over in El Segundo as a space manufacturing startup is taking over the former home of Barbie and Hot Wheels. Varda Space Industries leased a 205,400-square-foot industrial and creative office... Read more »
The Senate voted 90-8 to advance its version of a comprehensive housing reform package with provisions from a similar bill the House passed, as well as a prospective ban on institutional investors.... Read more »
For savvy investors looking to boost their income, the quest for high cash flow rental properties in 2026 is a top priority, and the truth is, these opportunities are definitely out there,... Read more »
New York City Mayor Zohran Mamdani’s attempt to revive an old plan to build 12,000 affordable units over a borough railyard is seen as a long shot, even if he gains support... Read more »
A New York-based spa chain is hitting “play” on its first West Coast location and moving into an iconic music spot in the process. Bathhouse leased the 55,000-square-foot former Amoeba Music store... Read more »