Opendoor raises $135M from Lennar Corp. and Fifth Wall fund for expansion

Opendoor raises $135M from Lennar Corp. and Fifth Wall fund for expansion Funds will help expand Opendoor footprint and “trade-in” partnership with Lennar January 24, 2018 01:50PM Co-founder and CEO of OpenDoor Eric Wu, and Lennar CEO Stuart Miller (Credit: LinkedIn, Forbes) A San Francisco-based startup that helps people sell their old homes and simultaneously […]

$43M sale of El Segundo warehouse tied to America’s richest doctor

$43M sale of El Segundo warehouse tied to America’s richest doctor Records show buyer is connected to Patrick Soon-Shiong By Natalie Hoberman | January 24, 2018 04:00PM Patrick Soon-Shiong and 202 N. Nash Street in El Segundo (Credit: Wikimedia Commons, Google Maps) Local apparel manufacturer Dynasty Footwear sold its industrial warehouse at 202 North Nash […]

SoftBank deploys $865M into construction startup Katerra

SoftBank deploys $865M into construction startup Katerra The Japanese conglomerate is bullish on the tech startup’s future Softbank’s Masayoshi Son and Katerra’s Michael Marks (Credit: Getty Images and Katerra) SoftBank’s latest investment in real estate tech comes in the form of an $865 million infusion into Katerra, the one-stop construction shop. SoftBank, the Japanese conglomerate, […]

Lincoln agrees to sell offices in Downtown and Burbank for $325M

Lincoln agrees to sell offices in Downtown and Burbank for $325M Both properties have undergone significant renovations January 23, 2018 03:30PM (Credit: Lincoln Property Company) A week after inking a deal with Apple in Culver City, Lincoln Property Company has agreed to sell two separate office properties in Downtown and Burbank for a combined $325 […]

Trump Organization has yet to donate profits to Treasury

Trump Organization has yet to donate profits to Treasury Officials say they’ll have “more information to share” in February January 23, 2018 01:25PM Donald Trump and the Trump International Hotel in Washington, D.C (Credit: Getty Images) U.S. Presidents have typically made bank after leaving office, mostly through speech tours and book deals. President Trump appears […]

Beverly Hills Waldorf Astoria condo project courts controversy

Beverly Hills Waldorf Astoria condo project courts controversy Beny Alagem’s latest proposal trims tower height January 22, 2018 04:01PM The Waldorf Astoria Beverly Hills hotel, in photo above, was part of an original proposal for a larger development. The hotel was completed last year, but a condo tower, the Waldorf Astoria Residences, is still be […]