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Month: September 2018

Realogy, PHH Corporation to pay $17M to settle kickback suit

(Credit: iStock) Brokerage conglomerate Realogy and mortgage provider PHH Corporation will pay $17 million to settle a class action lawsuit alleging a years-long kickback scheme. The settlement, recently approved by a California judge, ...

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  • 04 Sep
  • The Real Deal
  • Uncategorized
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Trump is considering a tax break that would be a boon for real estate

President Donald Trump (Credit: Getty Images) President Trump is considering a tax break that would link capital gains to inflation. Such a change would cut tax bills for investors selling real estate or stock by adjusting the original ...

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  • 04 Sep
  • The Real Deal
  • Uncategorized
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Co-living startup partners with Worthe Group for first LA location

CEO Jon Dishotsky, Jeff Worthe, and the Venice location Starcity, a San Francisco-based co-living startup that converts underutilized commercial properties to residential buildings, is entering the Los Angeles market. The firm, in ...

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  • 04 Sep
  • The Real Deal
  • Uncategorized
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Equity Residential taps new CEO, CFO

David Neithercut, Mark Parrell, and the Chicago skyline (Credit: Equity Residential and McKnight’s Senior Living) After more than a decade as Equity Residential‘s CEO and president, David Neithercut will step down at the end of this ...

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  • 04 Sep
  • The Real Deal
  • Uncategorized
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“We’re coming after you”: Compass broker leaves threatening voicemail for competitor

(Credit: iStock) As far as hard-fought competition between brokers goes, an incident in San Diego may have crossed the line after a Compass broker threatened harm against a competitor with a menacing voice message. The dispute started ...

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  • 03 Sep
  • The Real Deal
  • Uncategorized
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Undercover luxury homes are all the rage

1950s ranch style house (credit: WikimediaCommons) Undercover luxury homes – properties with run-of-the-mill exteriors that belie showiness inside – are all the rage now. “It’s the end of the statement house,” Tineke Triggs, an ...

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  • 02 Sep
  • The Real Deal
  • Uncategorized
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This tech billionaire is taking his battle over a California beach to the Supreme Court just to make a point about property rights

Vinod Khosla and the California coast (credit: Wikimedia Commons, Alex Bellink on Flickr) Media mogul David Geffen was Califorina’s beach villain du jour in the early 2000s when he tried to block public access to the beach in front of ...

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  • 01 Sep
  • The Real Deal
  • Uncategorized
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This week in celeb real estate: Barry Bonds’ former pad listed, fashion executive buys Avicii’s old home… and more

Top: Barry Bonds and his former Beverly Hills estateBottom: The former Hollywood Hills home of the late Tim Bergling This week, sellers looked to name-drop their home’s former famous residents in hopes of scoring some extra cash. In ...

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  • 01 Sep
  • The Real Deal
  • Uncategorized
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