The Apartment Association of Greater Los Angeles (AAGLA) has filed a lawsuit against the City of Los Angeles seeking to nullify and enjoin the city from enforcing a pandemic-era ordinance prohibiting rental housing providers from increasing rent. According to AAGLA,...
Glendale, California-based Public Storage (NYSE:PSA) is acquiring rival Simply Self Storage for $2.2 billion from Blackstone Real Estate Income Trust Inc. (BREIT), a subsidiary of Blackstone (NYSE:BX). The Simply portfolio includes 127 wholly-owned properties and 9...
Dalfen Industrial, a Dallas-headquartered industrial real estate firm focused on the last-mile property sector, has promoted Max Gagliardi to chief investment officer. Gagliardi has been with Dalfen since 2012 and most recently served as senior managing director of...
Chas Olson has been appointed executive director of the South Dakota Housing Development Authority. Olson served as interim director of the agency since April. He previously served as the state’s director of rental housing development and worked as a housing...
A bizarre hunt for a movie superstar, a continued sense of builder optimism and a legendary crooner’s love letter to a once-great city. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Miss: Preying on Tom Cruise. One...
