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Month: June 2018

This week in celeb real estate: a triangular home lists for $19M, Marina Acton tries to flip in Bel Air…and more

Marina Acton and Kim Kardashian West with the Bel Air home, Wilt Chamberlain and the home (Credit: Getty Images, Douglas Elliman) The former home of Wilt Chamberlain, a late basketball star, hit the market this week at $19 million. ...

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  • 30 Jun
  • The Real Deal
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Early work

Illustration by Paul Kisselev Donald Trump touted his — supposedly — humble start in real estate during his presidential campaign, when he cited the $1 million “small loan” given to him by his father. And while it’s certainly not ...

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  • 29 Jun
  • The Real Deal
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Fogel Real Estate buys Venice flex office property for $31M

812 Main Street Fogel Real Estate Group has scooped up another property in Venice. Blake Fogel’s Los Angeles commercial real estate firm bought a 21,600-square-foot flex office property at 812 Main Street, according to Real Capital ...

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  • 29 Jun
  • The Real Deal
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National Cheat Sheet: Zillow plans to file for a $650M public offering … & more

Clockwise from top left: Kushner Companies ends collaboration with Trump Organization (credit: Getty Images, Extell, and Kushner), Zillow plans to file for public offering (credit: Pixabay), record number of women elected to REIT ...

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  • 29 Jun
  • The Real Deal
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Foreign dollars continue to pour into US commercial market: report

Clockwise from the left: Chinese yuan, British pounds, Mexican pesos, and USA (top) (Credit: Japanexperterna.se via Flickr, Pixabay, and PxHere) Foreign investment in U.S. commercial real estate remained strong last year, despite a ...

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  • 29 Jun
  • The Real Deal
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Former media exec Ryan Kavanaugh relists Malibu pad

Ryan Kavanaugh and the home (Credit: MLS, Wikimedia Commons) Just a few months after selling a Brentwood home at a loss, Ryan Kavanaugh is hoping for better luck in Malibu. The co-founder of Relativity Media — which is filing for ...

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  • 29 Jun
  • The Real Deal
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Booming home equity: Financial opportunity or warning sign?

If you’ve got it, don’t piggybank it — borrow against it. That seems to be the prevailing sentiment among tens of thousands of American homeowners who’ve seen their property values surge and then decided: Hey, we’ve got a ton of equity ...

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  • 29 Jun
  • The Real Deal
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Startups help homebuyers by fronting cash in bidding wars

(Credit: Pixabay) As house hunters are increasingly outbid by all-cash buyers, startups are stepping in to level the playing field. FlyHomes and other companies make all-cash offers on homes using a line of credit from a bank while ...

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  • 29 Jun
  • The Real Deal
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Airbnb to IPO by late 2020

Airbnb CEO Brian Chesky and the Charging Bull (Credit: Sam Valadi via Flickr) Airbnb, privately valued at $31 billion, is planning to debut on Wall Street by late 2020. Company CEO Brian Chesky told employees Thursday that the ...

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  • 28 Jun
  • The Real Deal
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City officials sign off on City Market project in Fashion District

Lena Group co-founders Kevin Napoli and Mark Levy Los Angeles officials approved Lena Group’s sprawling project in the Fashion District, a key step forward for the multi-use complex, which has been in the pipeline for over six years. ...

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  • 28 Jun
  • The Real Deal
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