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Month: September 2018

Amazon is betting on prefab homes

Jeff Bezos and an assembly of a pre-fab home (Credit: Getty Images and iStock) Amazon putting its money behind pre-fabricated homes. The tech giant’s Alexa Fund was among the investors in Plant Prefab’s Series A funding round. The ...

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  • 25 Sep
  • The Real Deal
  • Uncategorized
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See no evil: How a culture of secrecy boosts South Florida’s condo market

(Illustration by Adria Fruitos) A lawyer with ties to Venezuela’s oil ministry, a member of the country’s “boliburguesía” elite and a money launderer sat around a Caracas office table while armed guards and a German shepherd with a ...

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  • 25 Sep
  • The Real Deal
  • Uncategorized
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Angelo Gordon, Lincoln Property score $128M loan on 4 office properties

Angelo Gordon CEO Michael Gordon, Lincoln Property Company Senior Executive Vice President David Binswanger, and the Redstone office property. Lincoln Property Co. and Angelo Gordon & Co. scored a $128 million loan from Pacific ...

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  • 25 Sep
  • The Real Deal
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Former Cushman executive assails “old boys network” in $30M discrimination lawsuit

Nicole Urquart-Bradley (Credit: Twitter, and iStock) A former executive at Cushman & Wakefield said the brokerage regularly paraded her around as an ambassador for diversity at the firm, but behind the scenes the company culture ...

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  • 25 Sep
  • The Real Deal
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LA area, Chicago among top markets for large industrial leases

Marina Crossings (Courtesy of Cushman & Wakefield) Nationwide, the Inland Empire area around Los Angeles and the Chicago region were go-to places for industrial and logistics lease signings. Both were among the top markets leases ...

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  • 25 Sep
  • The Real Deal
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The latest solution to Hong Kong’s housing crisis? Caves

A caveman looking at the Hong Kong skyline (Credit: American Society for Nutrition and Wikipedia) Hong Kong suffers from a chronic housing shortage and has the most expensive housing market in the world. In order to help mediate these ...

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  • 23 Sep
  • The Real Deal
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Rent control can be “useful tool” for cities to address CA housing: report

(Credit: San Francisco Bay Area Independent Media Center-Indybay, Charlie Nguyen) Developers in California have railed against the Proposition 10 ballot measure that would give cities the ability to cap rent increases, claiming that ...

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  • 23 Sep
  • The Real Deal
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LA could hit 10k-unit housing goal by next year, says planning director

Los Angeles City Planning Director Vince Bertoni and the Harland, a 37-unit luxury condo development in West Hollywood. (Credit: Hunter Kerhart) Los Angeles is ahead of schedule on Mayor Eric Garcetti’s goal of building 100,000 units ...

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  • 23 Sep
  • The Real Deal
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Kylie Jenner unloads spare home in Hidden Hills

(Credit from left: Hayu/Wikimedia Commons, Zillow) Hot on the heels of being named Forbes’ “youngest-ever self-made billionaire,” Kylie Jenner is once again racking up some millions. The beauty products connoisseur has sold one of her ...

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  • 22 Sep
  • The Real Deal
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Major redevelopment begins in Orange County

(Credit: Caroline Culler; rendering courtesy of Frontier Real Estate Investment) Order up, O.C. Crews started a large redevelopment project this week that will bring 208 new homes and new restaurants – including an In-N-Out Burger – to ...

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  • 22 Sep
  • The Real Deal
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