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Month: October 2018

Geoff Palmer scores $114M refi for 3 properties in Canyon Country

Geoff Palmer with Canyon Country property (Getty) Multifamily developer Geoff Palmer has secured a $114 million refinanced loan on three complexes in Canyon Country, located north of Santa Clarita. Freddie Mac provided the 10-year, ...

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  • 22 Oct
  • The Real Deal
  • Uncategorized
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Speculators descend on top contenders for Amazon HQ2

Crystal City, Virginia and Jeff Bezos (Credit: Wikipedia and Jeff Bezos) As cities continue to court Amazon, real estate speculators are betting on areas they think might be the home of the online giant’s second headquarters. Investors ...

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  • 22 Oct
  • The Real Deal
  • Uncategorized
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Here the under 50-unit projects proposed in LA last week

A family trust wants to build a multifamily project at 4305 N. Lankershim Boulevard Developers filed for three residential projects between 10 and 50 units last week. The projects spanned from Downtown Los Angeles to Toluca Lake. Two ...

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  • 22 Oct
  • The Real Deal
  • Uncategorized
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Torrance’s Gateway Towers trade for $107M

Gateway Towers The sprawling office space at the Gateway Towers sold this month for $106.5 million in one of the latest office campus deals in Torrance. The Ruth Group and capital partner Roxborough Group purchased the two towers, the ...

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  • 22 Oct
  • The Real Deal
  • Uncategorized
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Tech entrepreneur spends $16M on Montecito mansion

Mitchell Green, with Montecito home (Redfin) A venture capitalist has dropped $16 million for a large residence in Montecito, adding to the number of well-heeled individuals picking up homes in the luxurious — and fire-ravaged — ...

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  • 22 Oct
  • The Real Deal
  • Uncategorized
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Why a luxury developer is now building “affordable” prefab homes by famous architects, designers

Developer Robbie Antonio, 41, is forging a new path for prefabricated construction with his three-year-old startup, Revolution Precrafted. During a visit to New York last month, Antonio sat down with The Real Deal to talk about his ...

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  • 21 Oct
  • The Real Deal
  • Uncategorized
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Blackstone’s Stephen Schwarzman discusses Jamal Khashoggi in Q3 earnings call

From left: Steve Schwarzman, Crown Prince Mohammed bin Salman, Jamal Khashoggi. (Credit: Getty Images, Npangarkar/WMF, DoD photo by Glenn Fawcett, POMED) Blackstone’s CEO and chairman Steve Schwarzman spoke about dissident journalist ...

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  • 21 Oct
  • The Real Deal
  • Uncategorized
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Bridge Investment targets $500M in Opportunity Zone possibilities

Opportunity Zones map and Bridge Investment Group chairman Robert Morse A $12 billion real estate investment and management firm is the latest player looking to capitalize on the Opportunity Zones tax incentive development program. ...

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  • 21 Oct
  • The Real Deal
  • Uncategorized
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Here are the best and worst places to try buying a home if you’re single

Edison, New Jersey (Credit: Safe Shredding LLC and Pixabay) If you’re single and looking for a home, Edison, New Jersey is the place to be. Edison topped a study from Homes.com of the best cities in the United States to live in for ...

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  • 21 Oct
  • The Real Deal
  • Uncategorized
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St. Louis luxury realtor fired after barring black man from his own home

Hilary Brooke Thornton. A St. Louis-based luxury apartment brokerage fired one of its employees after she was recorded physically blocking a black man from entering his building and demanding proof that he lived there. D’Arreion Toles, ...

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  • 20 Oct
  • The Real Deal
  • Uncategorized
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