1+ hour, 39+ min ago  (330+ words) Cain, OKO megaproject has two condos available at that price A penthouse in Beverly Hills has a buyer poised to shatter the price record for condominium sales in California. The two-story residence at the 28-story Aman Beverly Hills, which is…...

3+ hour, 31+ min ago  (416+ words) Project led by Gotham, Fisher Brothers and Mural would include 1,127 condos, apartments The state has tapped three New York developers to build two towers with more than 1,100 homes on a publicly owned parking lot in Hell’s Kitchen across from the…...

7+ hour, 31+ min ago  (248+ words) AMLI seeks density bonuses for 1.1M sf plan in Pasadena AMLI Residential is looking to add nearly 1,000 new apartments to one of its existing multifamily complexes in Pasadena. The Pasadena Design Commission is reviewing plans from AMLI Residential to turn the…...

22+ hour, 31+ min ago  (350+ words) Inception Housing systems meant to cut construction costs, building time without government aid Florida-based PTM Partners and Peacock Capital launched Inception Housing, a platform designed to deliver lower-cost housing without relying on government aid. The venture targets middle-income renters earning…...

22+ hour, 52+ min ago  (168+ words) El Segundo-based developer nearly doubled unit count from previous entitlement Samuelian Group is making progress toward turning a vacant lot in Silver Lake into affordable housing. The El Segundo-based developer acquired a three-parcel site at 835 North Hyperion Avenue for nearly…...

1+ day, 31+ min ago  (408+ words) Goldman Sachs provided loan for holdings including 64 Broward County homes Progress Residential, one of the nation’s largest owners of single-family rental homes, landed a $384.7 million refinancing backed by a multi-state residential portfolio that includes homes in Broward County. Goldman Sachs…...

1+ day, 6+ hour ago  (273+ words) Luxury real estate sales accelerating in Phoenix area Arizona’s luxury housing market hit a benchmark with a record-setting sale in Paradise Valley. The 2-acre property at 5531 East Mockingbird Lane hit the market in April for $40 million. The buyer’s identity was…...

1+ day, 7+ hour ago  (636+ words) Of course, I’d have an ulcer in short order if I ever endeavored to become a developer. I’m just not built that way. Here’s how I describe the development cycle after observing it firsthand for the past forty years: Developers…...

1+ day, 10+ hour ago  (642+ words) NYPD parking lot set to become 131 affordable units Community land trusts are on the move, claiming an NYPD parking lot for affordable housing in the East Village. Cooper Square Committee, Housing Works and Spatial Equity will work with This Land…...

1+ day, 21+ hour ago  (276+ words) Plus other news at the intersection of policy and real estate Hi there, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: Department of City Planning Assistant Counsel William Tutt, Adler…...