The shopping center company Westfield is transferring the ownership of its Westfield San Francisco Centre shopping mall to its lender, citing a sharp decline in sales and occupancy. “For more than 20 years, Westfield has proudly and successfully operated San Francisco...
A coalition of nonprofit and church groups is advocating the transformation of a mostly dormant New York City psychiatric hospital into a 3,000-unit income-restricted apartment complex. According to a report in The Gothamist, the Queens Power grassroots coalition is...
San Diego-based Guild Mortgage (NYSE: GHLD) has unveiled its 1% Down Payment Advantage program. Unlike the traditional 3% down payment that is the minimum required for conventional loans, the 1% Down Payment Advantage program allows homebuyers to purchase a home with...
The world’s tallest residential development, Dubai’s Burj Binghatti Jacob & Co. Residences, has begun sales on its luxury units. Billed as a “Hyper-Tower,” the property is a collaboration between the Emirati developer Binghatti and the jewelry...
Redwood Trust Inc. (NYSE: RWT) has launched a joint venture with funds managed by Oaktree Capital Management L.P. to invest in business purpose bridge loans originated by CoreVest American Finance Lender, a division of Redwood. According to the companies, the total...
Actor Miles Teller is touching down from his box office success with “Top Gun: Maverick” by listing his Spanish-style home in Studio City, California, for $5.7 million. According to a report in Dirt.com, the 5,505-square foot property was built in 2016 and offers five...
