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Month: August 2018

LISTEN: The Real Deal discusses dirty money in U.S. real estate

For the The Real Deal’s first-ever subscriber conference call, managing issue editor Damian Ghigliotty sat down with reporters Will Parker and David Jeans to discuss money laundering in U.S. real estate. Check out the SoundCloud player ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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Moody’s buying CRE data firm Reis in $278M deal

Moody’s president Mark Almeida and Reis CEO Lloyd Lynford (Credit: nismvideos via YouTube and Twitter) Moody’s is buying Reis, the commercial real estate data company, in a deal valued at $278 million. The financial services company ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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Lower credit scores, higher debt ratios opening opportunities for new home buyers

Is it easier today for home buyers with a high debt ratio and sub-par credit scores to qualify for a mortgage than it’s been in years? And if so, what might that mean for first-time and repeat buyers who are struggling with credit and ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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Santa Monica to allow e-scooter companies to take flight, but with limitations

Bird CEO Travis VanderZanden, and Santa Monica (IStock) Bird is definitely the word. After a drawn-out battle between Silicon Valley techies and city officials, Santa Monica approved four e-scooter companies — Bird, Lime, Lyft and Uber ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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Zoning law goes to Jerry Brown with far fewer teeth

State Senator Scott Wiener and homes under construction When State Senator Scott Wiener introduced Senate Bill 828 in January, it doubled the amount of land local governments had to zone to meet local housing needs — a potential boon ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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Wildfires push insurers to abandon CA homeowners

Firefighters battling a wildfire in California. As wildfires have grown in frequency and severity throughout California, insurers are abandoning homeowners in high-risk areas at a staggering pace. In both Northern and Southern ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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Russell Simmons sells home near Sunset Strip for $8M

Russell Simmons with home on Sunset Strip (Getty/Agency) Music mogul Russell Simmons has sold a home in the Hollywood Hills for $8.125 million, in an apparent move to thin out his real estate portfolio as he battles allegations of rape ...

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  • 31 Aug
  • The Real Deal
  • Uncategorized
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Nationwide rents remain largely flat during August: report

Nationwide rents remain flat during August. (Credit: Getty Images) In the battle of West Coast versus East Coast, one might say the former just added another notch under its belt. The price for a one-bedroom in Santa Ana, located in ...

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  • 30 Aug
  • The Real Deal
  • Uncategorized
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Cushman stock price climbs as analysts begin coverage with bullish outlook

Brett White and Cushman and Wakefield at 225 Wacker Drive in Chicago (Credit: 225WestWacker) Stock analysts began their coverage of Cushman & Wakefield with a largely bullish outlook on the newly public company. At least six ...

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  • 30 Aug
  • The Real Deal
  • Uncategorized
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Palo Alto firm secures apartment complex in Los Feliz

Al Pace, CEO of Pacific Urban Residential, and the property at 1800 N. New Hampshire Ave.   A private multi-family investment firm from Palo Alto has picked up an apartment community in Los Feliz for $55 million. Pacific Urban ...

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  • 30 Aug
  • The Real Deal
  • Uncategorized
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