3317-3325 Exposition Place and RealReal CEO Julie Wainwright (Credit: Google Maps) A luxury consignment brand that sells used clothing and other goods has turned to a recently built office project in West Adams for its headquarters. TheRealReal inked a deal to fully occupy a 29,690-square-foot office building in West Adams, the company announced Wednesday. The […]
Drive-by flipping: Companies hiring Uber drivers to spot homes ripe for sale
(Credit: Pixabay) Hello, your flipper has arrived! Companies on the hunt for houses to flip in Chicago, Atlanta and Charlotte, North Carolina are getting help from an unexpected source — ride-share drivers. Uber and Lyft drivers cruise gentrifying neighborhoods to photograph houses with stacked up mail, abandoned cars in the yard or knee-high grass, all […]
Opportunity Zones are now big business for lawyers
Lawyers are benefiting from Opportunity Zones While it’s too early to tell whether the Opportunity Zones program will benefit the distressed neighborhoods it was designed to help, the legislation has already been a boon to at least one profession. A growing number of big law firms like Morrison Foerster and K&L Gates are setting “pop […]
CompStak opens Chicago office, expands in LA after funding round
CompStak CEO Michael Mandel Fresh off a $12 million funding round, real estate data platform CompStak is in expansion mode, with new offices to open in Chicago and Atlanta. Along with the additional cities, the company will also expand its footprints in Los Angeles and New York, it announced Tuesday, seeking to bulk up its […]
FAANG takes a bite out of LA
(Illustration by Studio Muti) Over the past handful of months, the tech titans of Silicon Valley have launched an all-out blitz on commercial space in Los Angeles. In October, Hudson Pacific Properties signed a deal with Netflix for the streaming giant to take the entire 13-story Epic building in Hollywood while it was still under […]
Las Vegas bets on Elon Musk to create underground transit system for its convention center
Elon Musk and a rendering of the Las Vegas Convention Center Loop (Credit: Getty Images and The Boring Company) Billionaire Elon Musk finally may build a commercial tunnel if his Boring Co. completes an underground transit system for the expanding Las Vegas Convention Center. The Boring Co. just got a $48.7 million contract to build […]