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A dry closing is a closing where all documents are signed, but the transaction isn’t funded on the same day. The lender typically wires the funds the next business day, after completing final reviews. Until the money arrives, the buyer ...
A California judge says she is closing to forcing the sale of Nicki Minaj's $20 million mansion—after the rapper allegedly refused to pay damages that were awarded to a former security guard who claims he was assaulted by her husband, Kenneth...
The one thing that’s unambiguous right now in residential development and new construction is that the $80-to-$100 billion homebuilders throughout the U.S. draw on to site and build the new homes they plan to sell in 2026 and each year b...
Development of the massive One Beverly Hills residential and hotel complex reached a milestone over the weekend as construction started going vertical.The work to erect the two tallest towers in Beverly Hills started Friday with an overnight c...
Why this matters: With buyers mostly sitting on the sidelines, agents and brokers observed another lackluster spring sales bounce in 2025, as new and resale residential sales continue to trend downward. Against the backdrop of high mortgage rat...
Key Takeaways
Portable mortgages allow borrowers to bring their current loan into a new purchase
Assumable mortgages allow borrowers to inherit the loan on the property they buy
Both lending types would need vetting and may not be feasib...
Abramson Brothers is joining the wave of Midtown property owners turning their aging office buildings into apartments.The longtime office landlord filed plans last week to convert its 90,000-square-foot building at 333 West 52nd Street in Hell�...
Traditional self-storage can feel inconvenient and impersonal. When you’re already trying to maximize storage for small spaces, the process of buying supplies, packing everything yourself, and hauling boxes to a facility across town can...
A Mamdani equivalent in Los Angeles? Some are wondering with housing advocate Rae Huang now in the 2026 race for mayor.The deputy director of affordable housing group Housing Now aims to unseat Karen Bass, with an agenda that isn’t far off fr...
In the architectural age of minimalism and millennial gray, a wild and whimsical antidote made of old clinker bricks and jumbled shingles sits on a quiet street at the edge of L.A. and Culver City.Formally, the spellbinding property is named t...