The largest U.S. nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to... Read more »
The 590-room Sheraton Memphis Downtown Hotel is up for sale. The price was not disclosed. The two brokers handling the deal are Tim Osborne and Spencer Davidson, both with Hunter Hotel Advisors.... Read more »
Pasadena-based ExchangeRight, a leading provider of diversified real estate DST and REIT investments, said it ended 2023 as the third largest sponsor in the securitized 1031 exchange marketplace according to a market equity... Read more »
Advanced Real Estate closed out 2023 by acquiring a 714-unit Costa Mesa apartment property for a reported $234 million. To be rebranded as The Grand Costa Mesa, it represents the year’s largest... Read more »
Colliers arranged the $147.8-million acquisition of Aon Center, a 1.1-million-square-foot office tower at 707 Wilshire Blvd. in Downtown Los Angeles, on behalf of Carolwood LP, Daniel Abrams and Adam Tischer. The transaction... Read more »
CIM Group executed a long-term lease with international law firm Sheppard Mullin to bring its headquarters to City National 2CAL. The deal for 119,217 square feet reportedly is the largest new office... Read more »
Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. But this latest one comes with a twist... Read more »