Author Archive
A Los Angeles Default and Sale
Fame, but no fortune? I recently wrote about two pieces of real estate that once upon a time each had a moment in the sun: A beachfront mixed-use property that was home to Snapchat and synonymous with the social media company’s rise, and an ...
New York City Real Estate Takes a Dip This Week
The week in New York City, real estate was all about trouble: who’s been in it before, who’s in it today and how to avoid it in the future.For Eli Karp, trouble arose this week. Madison Realty Capital took over his Flatbush property at 1580...
Is It a Buyer’s or Seller’s Market?
The U.S. housing market finally favors homebuyers, but few can afford it It’s a buyer’s market, meaning buyers have the upper hand. Following the pandemic-fueled seller’s market in 2021, sellers now outnumber buyers by over 500,000 ...
Ronald Reagan’s FDIC Chairman Lists Spectacular Gulf-Front Sarasota Mansion for $26 Million
A staggering Gulf-front estate that was built for banking legend and former FDIC Chairman Bill Isaac has hit the market in Sarasota, FL, for the very first time with a sky-high asking price of $26 million. Isaac, who served during the Jimmy C...
Glendale Slated for 36-Unit Industrial Condo Facility
The city of Glendale is slated to receive a new business park with small-bay industrial condominiums. MG Business Park, a new development from the Mangat Group, is expected to begin construction early next year and offer units ranging in size ...
This is what could replace the Phillips 66 oil refinery in Wilmington
Oil giant Phillips 66, operator of a massive oil refinery near the Port of Los Angeles, has unveiled plans to replace its belching smokestacks and hulking steel tanks with stores, restaurants and soccer fields.Phillips 66 announced last year ...
Measuring turnover: what motivates a move?
Why this matters: Without turnover of residential and commercial occupancy, whether by tenants or owners, the use of real estate brokerage and construction services languish along with earned fees and profits. Mortgage rates slip during busines...
11 First-Time Home Buying Myths Debunked
As a first-time homebuyer, it can feel like there’s endless information about how to buy a home. You’ve probably heard advice about how much you need for a down payment, what credit score qualifies you for a mortgage, or whether it’...
