A nonprofit group sponsored by the California Association of Realtors (CAR) announced it was suing the City of Beverly Hills for rejecting an application to build a 165-unit mixed-used development. The project’s proposed location is a vacant lot in an area...
The majority of Americans are either unwilling or uncertain about moving out of their homes, according to new data published by the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB). The data, which was collected through the...
The Urban Land Institute (ULI) today announced the appointment of Angela Cain as its global CEO, effective Sept. 3. She succeeds Ron Pressman, who retired last October. Cain brings more than 25 years of global nonprofit and leadership experience in the corporate real...
The Chicago-headquartered real estate services firm Jones Lang LaSalle Inc. (JLL) (NYSE: JLL) has launched its inaugural commercial paper program. According to the company, up to $2.5 billion of short-term, unsecured, and unsubordinated commercial paper notes will be...
Bob’s Stores, a 70-year-old apparel and accessories retailer focused on the Northeast, has filed for Chapter 11 bankruptcy protection and has begun liquidation sales at its remaining stores. Founded in 1954 as Bob’s Surplus, the company grew to a 34-store...
A Phil Hall Op-Ed: Last Thursday’s presidential debate was, to be a charitable, a disaster for the incumbent. But from a housing standpoint, it offered a cruel but much-needed reality check on President Biden’s disconnect to the problems created by his...