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Month: August 2018

Jared Kushner ordered NY Observer staff to remove articles about Neil Rubler, Adam Silver: report

Vantage CEO Neil Rubler and Jared Kushner (Credit: Getty Images) When he was running the New York Observer, Jared Kushner in 2012 personally ordered articles critical of his friends removed from the newspaper’s website, according to a ...

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  • 07 Aug
  • The Real Deal
  • Uncategorized
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HGTV has big plans for the “Brady Bunch” house

“Brady Bunch” House (Credit: Anthony Barcelo, Carswell and Partners, Classroom Clipart) The “Brady Bunch” house may just stay in syndication forever—if Discovery execs have their way. Discovery, which owns cable network HGTV, was the ...

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  • 07 Aug
  • The Real Deal
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Owners who cap rent rises will see lower finance costs under new Freddie Mac plan

(Credit: iStock) Freddie Mac is launching a new program to help keep rents down. The initiative will offer owners who cap rent increases for the duration of their loans lower-cost financing, according to the Wall Street Journal. It ...

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  • 07 Aug
  • The Real Deal
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Dismantling of controversial LAPD building set to start

Parker Center (Credit: Wikimedia Commons) The long-awaited tear-down of the the Parker Center, the former Los Angeles Police Department headquarters, is scheduled to start this month, making way for a new Downtown office tower on the ...

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  • 07 Aug
  • The Real Deal
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Agency’s Mauricio Umansky slapped with lawsuit alleging impropriety in $70M home flip

Mauricio Umansky and the property (Credit: Public Domain Pictures, Max Pixel) It’s a story of corruption, Ferraris, Michael Jackson memorabilia and now, alleged real estate agent impropriety. An insurance company claims in a lawsuit ...

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  • 07 Aug
  • The Real Deal
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‘Apartel’ operator exits L.A. amid citywide crackdown on short-term rentals

LA skyline (Credit: Wikipedia) A company that built its business around the apartment-hotel rental concept will exit Los Angeles where short-term rentals are prohibited by the end of 2019, if not sooner. Ginosi Apartels is among the ...

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  • 06 Aug
  • The Real Deal
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Marriott Vacations raising $750M for acquisition of rival ILG

Stephen Weisz and The Strand Hotel at 33 West 37th Street (Credit: Marriott Vacations Worldwide and Loving New York) Marriott Vacations Worldwide, the timeshare and vacation homes arm of Marriott International, is raising $750 million ...

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  • 06 Aug
  • The Real Deal
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3 Pacific Union agents killed in Santa Ana plane crash

Nasim Ghanadan, Floria Hakimi and Lara Shepherd Three Pacific Union International agents were among the five people killed Sunday when their small plane crashed near a shopping center in Santa Ana. Nasim Ghanadan, Floria Hakimi and ...

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  • 06 Aug
  • The Real Deal
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Buffett’s brokerage reels in $1.3B during second quarter

Warren Buffett (Credit: Getty and iStock) Thanks to its white-hot buying spree, Berkshire Hathaway’s real estate brokerage reported $1.3 billion in second-quarter revenues, up 33.2 percent year over year. Revenue from the first half of ...

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  • 06 Aug
  • The Real Deal
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Selma Place plans 7-story resi building in Hollywood

6753 W. Selma Avenue The gentrification of Hollywood marches on. Plans have been filed with the city for a seven-story, 51-unit residential building at 6753 W. Selma Avenue. The project will set aside eight units classified as “very ...

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  • 06 Aug
  • The Real Deal
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