LA agent charged with rental price gouging as fires continue

Mike Kobeissi, president and broker of Kobeissi Properties, told Inman that the state’s district attorneys had got their facts bungled and that the property in question had been rented out to the couple at a reduced rate once it became known they were … Continue reading

Take the Inman Intel Index survey for January

Each month, hundreds of real estate agents, brokers, executives and investors report on what they’re seeing in their corner of the industry. Add your insights. Take the survey. Continue reading

Richard Horovitz named president of BHS’ property management arm

The property management and luxury hospitality veteran joined Brown Harris Stevens in 2016 and has served as senior vice president and director since 2022. Continue reading

Mr. Cooper veteran Chris Marshall tapped to run Xome marketplace

Marshall will take over for Xome CEO Mike Rawls when he retires on June 30, with the two working together until then to ensure a smooth transition at the foreclosure auction site, executives said. Continue reading

Take the Inman Intel Index survey for December

Each month, hundreds of real estate agents, brokers, executives and investors report on what they’re seeing in their corner of the industry. Add your insights. Take the survey. Continue reading

Greystar opens the door for modular housing in the US

Greystar opened its first modular apartment complex in Pennsylvania this week. Experts say the multi-billion dollar company’s foray into modular building signals a significant shift into the practice in the U.S. Continue reading

Floyd Mayweather Jr. buys large stake in former Versace Mansion

Floyd Mayweather Jr. will assume the majority of Eli Gindi’s interest in the mansion, located at 1116 Ocean Drive, for an undisclosed amount, according to sources. Continue reading

Take the Inman Intel Index survey for November

The post-August-deadline adjustment period is drawing to a close and the next chapter is about to begin. Add your insights to the Inman Intel Index, real estate’s most ambitious monthly survey. Continue reading

Vrbo parent Expedia Group reports strong Q3 amid leadership changes

Expedia’s net income for Q3 was $684 million, with adjusted net income of $809 million — significant improvements compared to Q2 2024, when net income was $386 million and adjusted income was $469 million. Continue reading

Floyd Mayweather Jr. to acquire $402M Black Spruce portfolio

The deal, one of the city’s largest this year, involves 1,000 units and more than 60 buildings across Upper Manhattan in New York City. Part of the portfolio closed Wednesday, according to reports. Continue reading