This Downtown Crossing building just sold for one-fifth of its pre-pandemic price. Here's why that may be a good thing.Lower building prices can revitalize dormant properties and attract new tenants.
UCLA report claims the 'mansion tax' stifles commercial development in L.A.Measure ULA may be harming L.A.'s real estate market by negatively affecting commercial property sales and revenue for affordable housing initiatives.
Universal Music's Santa Monica headquarters sells for $185MDrawbridge Realty purchases Universal Music Group's headquarters in Santa Monica for $185 million, its first investment on the Westside.
Martin Selig lays off 86 as 7 buildings slide into receivershipMartin Selig Real Estate struggles financially, with multiple properties in receivership and layoffs as it seeks to address significant debt issues.
Hackman, Affinius score $75M refi on Amazon-leased Culver StepsHackman Capital and Affinius secure $75M loan to refinance a successful office and retail project in Culver City.
UCLA report claims the 'mansion tax' stifles commercial development in L.A.Measure ULA may be harming L.A.'s real estate market by negatively affecting commercial property sales and revenue for affordable housing initiatives.
Universal Music's Santa Monica headquarters sells for $185MDrawbridge Realty purchases Universal Music Group's headquarters in Santa Monica for $185 million, its first investment on the Westside.
Martin Selig lays off 86 as 7 buildings slide into receivershipMartin Selig Real Estate struggles financially, with multiple properties in receivership and layoffs as it seeks to address significant debt issues.
Hackman, Affinius score $75M refi on Amazon-leased Culver StepsHackman Capital and Affinius secure $75M loan to refinance a successful office and retail project in Culver City.
Squatters move into iconic Brixton venue Dogstar just days after it closesDogstar's closure resulted in squatters occupying the vacant building, exploiting the legality of commercial squatting.
Big benefits and cautious concerns related to commercial building skylight installation - London Business News | Londonlovesbusiness.comSkylights provide natural light, reduce energy costs, enhance occupant well-being, and improve productivity in commercial spaces.
Hurricane Milton is closing in on $1 trillion worth of commercial properties, Moody's estimatesHurricane Milton poses a significant threat to Florida, with over 235,000 commercial properties at risk and estimated losses potentially reaching billions.
Value of Gas Company Tower in DTLA Drops Another 21%The Gas Company Tower in L.A. has significantly decreased in value over the years, currently worth $214.5 million, highlighting the decline in the Downtown office market post-pandemic.