What Happened Parents who create a trust often choose just one of their children to serve as successor trustee after both their deaths. In some families, everyone accepts the parents’ choice, and trust... Read more »
The Clark family and Praxis Development Group broke ground on The Clark on 54th, the first Black-, woman- and locally-owned development in Los Angeles’ Crenshaw district. The $24-million mixed-income and transit-oriented project is located... Read more »
A famed architect to the stars designed it. A renowned Hollywood producer occupied it. A relative of a reviled international terrorist abandoned it. And now a Mediterranean villa on a hillside in... Read more »
Confronting your parents about what can happen in case of no estate planning after their death is super uncomfortable, but you’ve to do this as there’s no other way. It’s a conversation... Read more »
Lamacchia Realty is expanding its presence in the Pioneer Valley region of Massachusetts. On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. Founded in 1971 by... Read more »
Robert and Stefanie Stevenson Family Trust plans to build a multifamily apartment complex at 4728 San Fernando Road in Glendale, according to plans filed in February with the City of Glendale’s Planning... Read more »
Progressive Real Estate Partners’ Roxanne “Roxy” Klein represented an American Family Care (AFC) franchisee in a lease for a 4,452 square-foot space at 2795 Cabot Dr. #157 in Corona. Lease terms were not disclosed. The space is in the popular Dos Lagos open-air... Read more »
CBRE arranged the sale of 1180 Central Ave., a seven-unit multifamily property in Riverside, to the Michael J. O’Neill and Jean A. O’Neill Trust for $2.21 million, or $315,000 per unit. The Kazanjian... Read more »
Knoxville, Tennessee-based Realty Executives have gained some top-producing agents. The founders of RE/MAX Preferred Properties, Ryan, Rich and Patti Levenson, are joining Realty Executives, according to an announcement on Wednesday. The family... Read more »
If you own a property in the U.S. and rent it out to a family member, you may wonder if you have to report the rental income to the IRS. The answer... Read more »