Author Archive
Santa Monica eyes bold turnaround plan amid financial troubles
It’s been a rough few years for Santa Monica.Businesses have abandoned its once-thriving downtown. Its retail and office vacancy rates are among the highest in Los Angeles County. The crowds that previously packed the area surrounding the ci...
May a homeowner in a Chapter 13 bankruptcy plan cram down the principal balance on a short-term second mortgage encumbering their primary residence and include rent from a rent-a-room tenant as income to support the new mortgage payments?
Facts: The owner of their principal residence encumbered by a short term second mortgage and a rent-a-room tenant paying rent under a leasing agreement files a petition for Chapter 13 bankruptcy protection. The property value is insufficient to...
Sapir Corp Files for Insolvency, Sells Nomo Soho Hotel
Alex Sapir’s Sapir Corp has filed for insolvency, saying it can no longer meet its bond payments or cover operating costs.The Israeli company that owns the Nomo Soho hotel in Manhattan filed a petition in Tel Aviv-Jaffa District Court request...
9 top places to buy mortgage leads in 2025
Mortgage origination in 2025 is all about balance between automation and personal connection, speed and long-term strategy. While referrals and repeat clients remain core drivers, buying mortgage leads and investing in lead generation have...
More on Zuru Tech US’s Malibu Lot Plans
Social media dragged the buyer of multiple Malibu lots through the mud after the deals were first reported back in August.Catcalls over the would-be builder’s bulk buys, and mistaken presumptions of the ethnicity, wasn’t the response El Seg...
California business leaders want voters to streamline environmental reviews
California voters could soon be asked to usher in a major overhaul of the state’s landmark environmental law, a proposal aimed at expediting crucial infrastructure projects, including housing construction, by creating new deadlines for envir...
Avoid preferential price fixing with seller broker
Why this article matters: Bigger broker offices are yet to initiate any effort to comply with the paradigm shift mandated by California’s 2024 contract-law anti-price fixing legislation for brokers expecting a fee for representing a buyer. Th...
What’s Behind the Influx of New York City Saunas
The city has seen a spate of announcements for new sauna and spa concepts. The most recent is Lore, a so-called “bathing club” in Noho that opened last month. At the same time, Othership, whose Flatiron location offers both classes and ra...
