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Month: September 2018

Rental prices are inching up — but there are still plenty of bargains

(Credit: iStock) Yes, apartment rents are on the rise. But it’s becoming a renter’s market across many U.S. metro areas, where landlords are expecting more supply. Rents rose 2.9 percent in the third quarter, versus a year earlier, the ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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TRD Forum: Feared “retail apocalypse” forcing brokers to re-calibrate expectations

The Real Deal Century City Forum Real estate leaders throughout the country have been bracing for a “retail apocalypse,” as brick-and-mortar locations continue to crumble amid the rapid spread of online shopping. In Los Angeles, a ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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LA County home sales slowed in August, but prices kept rising: report

CoreLogic analyst Andrew LePage and Van Nuys Southern California saw the slowest summer for home sales in four years. June to August sales fell 6.8 percent year over year in the SoCal area, according to a new CoreLogic report. That ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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Breather CEO Julien Smith is out, just months after startup raised $45M

Julien Smith (Credit: Bryan Hill Media via inoveryourhead) The co-founder and CEO of Breather has left the short-term space rental startup just months after it raised $45 million in a funding round, The Real Deal has learned. Julien ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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The private equity paradox: Funds flush with cash can’t find deals with returns they need

(Illustration by André Da Loba) There’s an eyebrow-raising issue playing out in the private equity world right now. While funds have pulled back on the amount of money they’re pouring into real estate deals, they’re also looking to ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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TRD Forum: Consolidation is the new normal in LA’s uber-competitive CRE market

The Real Deal Century City Forum The force fueling consolidation in the commercial real estate industry has little to do with the current cycle. Now, something else is happening. The ultra competitive environment, coupled with new ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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Tishman Speyer is launching its own co-working brand

Tishman Speyer’s Rob Speyer and 600 Fifth Avenue (Credit: Getty Images, Google Maps, and Tishman Speyer) We-who? Tishman Speyer, one of the world’s biggest private landlords, is launching its own co-working brand, putting it in direct ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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The Fed raises interest rates by a quarter percentage point

Federal Reserve Chairman Jerome Powell and the Federal Reserve headquarters in Washington, D.C. The Federal Reserve raised interest rates on Wednesday to between 2 and 2.5 percent, a move that is expected to push up the cost of ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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Echo Park apartment project, long delayed, shows signs of life

2217 West Sunset Boulevard in Echo Park Dromy International Investment has been trying to build an apartment complex in Echo Park for the last decade. With the economy having long since rebounded and with Echo Park development now ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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Kardashian buying spree continues as matriarch drops $12M on desert mansion

Kris Jenner reportedly paid $12 million for a mansion in Coachella Valley. (Credit: Coldwell Banker, Getty Images) It’s not easy to keep up with the Kardashians’ real estate deals. The latest home purchase by a member of the ...

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  • 25 Sep
  • The Real Deal
  • Uncategorized
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