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Month: February 2018

This is how real estate’s superrich are spending their money

From top, clockwise: Developer Larry Silverstein, Mort Zuckerman, Jeff Greene, Harry Macklowe and wife Linda, Sheldon Solow, Gwen Stefani, Stephen Schwarzman and Rod Stewart This story originally ran in August 2017: There were live ...

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  • 27 Feb
  • The Real Deal
  • Uncategorized
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Snap wants to vanish from Venice Beach

Evan Speigel and the Thornton Lofts space (Credit: Achim Hepp/Flickr) Snapchat messages are designed to disappear. Now, its parent company is seeking to do the same in Venice, where it has had a big presence. Snap Inc. has put 163,000 ...

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  • 27 Feb
  • The Real Deal
  • Uncategorized
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Which U.S. big city is king of co-working?

(Credit: Wikipedia) News flash: Co-working spaces are popular in major U.S. metro areas. There’s nearly 27 million square feet of coworking spaces around the country and unsurprisingly, much of it is concentrated in major metro areas, ...

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  • 27 Feb
  • The Real Deal
  • Uncategorized
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Who will lead JPMorgan Chase next?

James Dimon. (Credit from back: Dave Center, World Economic Forum) From TRD New York: Last month, JPMorgan Chase’s chairman and chief executive James Dimon announced he would be stepping down in five years. Though an unusual move for ...

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  • 27 Feb
  • The Real Deal
  • Uncategorized
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Rising Realty’s Park DTLA office campus hits the market

Park DTLA Rising Realty Partners is shopping a leasehold interest in Park DTLA, a five-building office campus that spans more than 277,000 square feet in Downtown Los Angeles. Newmark Knight Frank has the listing. Terms of the lease ...

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  • 26 Feb
  • The Real Deal
  • Uncategorized
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Here’s how much WeWork made last year

Artie Minson and WeWork’s Park South location WeWork [TRDataCustom] grew its revenue to around $900 million in 2017, according to the company’s president Artie Minson. In 2016 the company expected to generate $532 million in revenue, ...

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  • 26 Feb
  • The Real Deal
  • Uncategorized
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Buy your tickets to The Real Deal’s Westside Spotlight on March 7!

We are just over a week away from The Real Deal‘s first-ever Westside Spotlight at the Water Garden in Santa Monica. Powered by WPeMatico

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  • 26 Feb
  • The Real Deal
  • Uncategorized
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Appetite for construction: Developer plans to build new apartment in Koreatown

707 S. Berendo Street in Koreatown A developer wants to build a six-story multifamily development in Koreatown, the latest in a steady stream of proposed new residential construction projects in that neighborhood. The existing 12-unit ...

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  • 26 Feb
  • The Real Deal
  • Uncategorized
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China said to be taking offers for a handful of Anbang’s former US hotels

The Four Seasons Hotel in Jackson Hole could be up for sale. (Credit from back: Dhtrible, Pixabay) After Chinese authorities seized the insurance giant’s assets on Friday, reports have stated all will remain the same — for the time ...

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  • 26 Feb
  • The Real Deal
  • Uncategorized
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The battle over Cali beaches: billionaire homeowner vs. surfers

From back: 2010 Mavericks Competition; Vinod Khosla (Credit: Shalom Jacobovitz; TechCrunch CC by 2.0) Tides may be about to turn in favor on those who’d like to buy a private slice of California’s beaches. Tech billionaire Vinod Khosla ...

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  • 24 Feb
  • The Real Deal
  • Uncategorized
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