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 »
As part of the budget request submitted to Congress by President Joe Biden and the White House, the U.S. Department of Housing and Urban Development (HUD) detailed some of its hopes for... Read more »
HUD seeks public comment on updates to reverse mortgage documents