REDA Residential Buys Culver City’s Fox Hills Plaza for M

REDA Residential Buys Culver City’s Fox Hills Plaza for $49M

REDA Residential and an undisclosed investor have bought a 68,000-square-foot shopping center in Culver City for $49 million, with plans to redevelop it for homes. The unit of Newport Beach-based Real Estate... Read more »
Highlands Residential Mortgage adds top Texas producer

Highlands Residential Mortgage adds top Texas producer

Josh Moody, a mortgage industry veteran with more than 20 years of experience and nearly $2 billion in career sales volume, recently joined Highlands Residential Mortgage. Based in Addison, Texas, Moody most... Read more »
Residential Brokers Discuss Sales After Measure ULA

Residential Brokers Discuss Sales After Measure ULA

Though Measure ULA has disproportionately affected the commercial industry, agents who sell the top 1 percent of real estate in the city of Los Angeles have also taken a hit.  Some say... Read more »
FSOC Addresses Vulnerabilities in CRE and Residential Real Estate

FSOC Addresses Vulnerabilities in CRE and Residential Real Estate

The Financial Stability Oversight Council (FSOC), established in the aftermath of the 2008 recession, plays a pivotal role in identifying and addressing risks to the U.S. financial system. In its latest annual... Read more »
Banks report tightened lending standards for nearly all residential mortgages: Fed survey

Banks report tightened lending standards for nearly all residential mortgages: Fed survey

Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. There’s some optimism, however. With... Read more »
Los Angeles’ Top Residential Broker Aaron Kirman

Los Angeles’ Top Residential Broker Aaron Kirman

Los Angeles’ top residential broker cuts a casual figure, but wants you to know things are getting serious with his new venture. Aaron Kirman, who’s known for spinning trophy properties while sporting... Read more »
We're going to see more office buildings converted to residential or demolished: JLL's Bob Knakal

We're going to see more office buildings converted to residential or demolished: JLL's Bob Knakal

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.... Read more »
Blackstone To Take Tricon Residential Private In .5 Billion Deal

Blackstone To Take Tricon Residential Private In $3.5 Billion Deal

Tricon is a landlord and developer of single-family rental homes in the United States and Canada with a portfolio of over 38,000 rentals. The verdict is in — the old way of... Read more »
Equity Residential Sells Huntington Beach Apartments

Equity Residential Sells Huntington Beach Apartments

Equity Residential, one of the biggest publicly traded real estate owners in the U.S. and L.A.’s largest landlord, sold Regency Palms, a 310-unit Huntington Beach multifamily property, after owning it for 28... Read more »
Hollywood Park Mega-Project Opens Second Residential Building

Hollywood Park Mega-Project Opens Second Residential Building

Hollywood Park, a mixed-use mega-development under construction in Inglewood, has expanded its residential offering with the debut of The Crosby. The 214-unit apartment property is now open for leasing.  “Building on the success of The... Read more »