“Under the leadership of CEO Andy Florance, CoStar has continued to dedicate disproportionate attention and resources to its unprofitable Homes.com business. This continued investment, despite repeated failures to meet projections, has eroded... Read more »
U.S. real estate agents running as small business owners face financial management challenges that don’t show up on a closing checklist: cash flow problems between commissions, messy records that blur what’s really... Read more »
“Financially, the American dream should not be homeownership, but should be financial independence,” Robert Johnson, CEO of Economic Index Associates and a professor at Creighton University, said in the report. “People fall... Read more »
Lead generation is the name of the game in real estate. No matter how strong your listing presentation sounds or how great a negotiator you are, you cannot build a thriving business... Read more »
If you’re a California business owner with a buy-sell agreement in place, or if you’re managing the estate of someone who owned shares in a closely held corporation, a recent Supreme Court... Read more »
The charred remains of the historic Pacific Palisades Business Block cast a shadow over a once-bustling shopping district along West Sunset Boulevard. Empty lots littered with debris and ash line the street... Read more »
Billionaire Google co-founder Larry Page has reportedly splashed out more than $173 million to snap up two mansions in the tony Miami enclave of Coconut Grove—days before it was claimed that the... Read more »
Lennar announced on Tuesday that TPG Real Estate has acquired a majority stake in Quarterra, Lennar’s multifamily vertical. Lennar will maintain a minority interest, but the deal signals a strategic recalibration as... Read more »
For business owners and professionals who have built substantial wealth through property ownership, investments, and business operations, estate planning goes beyond simply having documents in place. As recent disasters—from Hurricane Katrina’s 20-year... Read more »
CVB Financial Corp., the holding company for Citizens Business Bank, and Heritage Commerce Corp. have agreed to merge in an all-stock transaction valued at approximately $811 million. The combination will expand Ontario-based... Read more »