A New Jersey city wants to turn a historic 1940s art deco building that was formerly a Sears Roebuck and Co. store into a mixed-use project with up to 325 apartments, retail space,... Read more »
A Holmby Hills mansion tied to a business management firm to the stars topped last week’s additions to the local high-end inventory. That’s according to the weekly report compiled by Marcy Roth... Read more »
The Masiello copycat commission lawsuit plaintiff and Realty ONE Group Arizona have filed a joint motion to dismiss the brokerage defendant from the suit with prejudice. The motion was filed on Thursday... Read more »
White-label brokerage Side is seeking more than $4 million from the Alexander brothers and the brokerage Official Partners. According to an amended complaint filed this week, Side alleges that Official Partners and... Read more »
While many brokerages have made the decision in recent weeks to settle the commission lawsuits, white-label brokerage Side is taking a different tack. On Friday, the firm filed a motion to dismiss... Read more »
TA Partners has filed for bankruptcy on a development site where it once planned a 452-unit residential complex in Playa Vista, The Real Deal has learned. The filing extends a period of... Read more »
Ocwen Financial Corp., the parent company of top five reverse mortgage lender Liberty Reverse Mortgage and PHH Mortgage Corp., announced on Wednesday that it is undergoing a rebranding effort and will be... Read more »
The Home Equity Conversion Mortgage (HECM) program faces stability and viability challenges stemming from the 2022 collapse of a major industry lender and its extinguishment from the HECM-backed Securities (HMBS) program, which... Read more »
The receiver on the Gas Company Tower, the 54-story Downtown L.A. office tower formerly owned by Brookfield Properties, has asked a court to approve a 308,000-square-foot lease with the City of Los... Read more »
HUD seeks public comment on updates to reverse mortgage documents