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Month: January 2019

Utah realtor killed after trying to evict tenants

David Stokoe (Credit: Facebook) A Utah real estate agent was shot and killed after he tried to evict tenants from a Salt Lake City apartment he owned. David Stokoe, a 40-year-old associate broker at Ranlife Real Estate, was likely ...

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  • 21 Jan
  • The Real Deal
  • Uncategorized
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E-nough: LA County board seeks temporary ban on electric scooters

Two Bird scooters laying in the middle of a sidewalk in Los Angeles (Credit: Getty Images) Electric scooters have already descended on Santa Monica, Beverly Hills and other Los Angeles outposts, bringing with them a mix of joy and ...

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  • 21 Jan
  • The Real Deal
  • Uncategorized
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SoCal developers slash prices on new homes amid oversupply: Zillow

(Credit: Pixabay) Facing the largest inventory of unsold homes in six years, home builders in Southern California have started to slash their prices. The move was another example of what market pros are calling a slowdown in the ...

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  • 21 Jan
  • The Real Deal
  • Uncategorized
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“I feel like I have no choice now”: Keller Williams CEO discusses plans for Q2 launch of iBuyer program

Gary Keller (Credit: Keller Williams) Keller Williams is likely going to launch its own iBuyer program during the second quarter of the year. Gary Keller, who recently returned to his namesake firm as CEO, said during a presentation of ...

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  • 21 Jan
  • The Real Deal
  • Uncategorized
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Why Dubai is ready to pounce on some of Europe’s most famous hotels

Clockwise from the top: The Grand Hyatt in Istanbul, the Capri Palace Hotel in Capri, the Aldrovandi Villa Borghese in Rome and Ferit Şahenk  (Credit: Hyatt, Capri, Trovalia, and Wikipedia) Ferit Şahenk, once Turkey’s richest man and ...

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  • 20 Jan
  • The Real Deal
  • Uncategorized
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Even these high-end markets are “catching a cold” amid the housing slump

The Hong Kong skyline (Credit: Unsplash) Major global markets that once seemed insulated from the housing slump are getting caught in the slowdown. Cities like London, Hong Kong and New York are grappling with a more tepid market, ...

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  • 20 Jan
  • The Real Deal
  • Uncategorized
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Gymboree files for bankruptcy again, closing some 900 North American stores

Gymboree CEO Daniel Griesemer and a Gymboree (Credit: LinkedIn and Getty Images) Gymboree Group filed for bankruptcy this week and plans to close some 900 Gymboree and Crazy 8 stores in North America. The San Francisco-based children’s ...

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  • 20 Jan
  • The Real Deal
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These weren’t the droids they were looking for: Japanese robot-hotel lays off its “annoying” android staff, pivots to humans

(Credit: Booking.com, iStock) The failed roll-out of a Japanese robot-staffed hotel is a cautionary tale for those who think similar consumer-technology will revolutionize the hospitality industry. The Henn-na, or “Strange,” Hotel in ...

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  • 20 Jan
  • The Real Deal
  • Uncategorized
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Proposed apartment complex at 8th & Fig heads to Planning Commission with appeals in tow

John Westerfield is CEO of MFA and a rendering Fig & 8th (Credit: DLANC) Mitsui Fudosan America’s project set for Eighth and Figueroa Streets in Downtown Los Angeles will be considered by the Planning Commission this month, along ...

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  • 19 Jan
  • The Real Deal
  • Uncategorized
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Miami condo belonging to Trump friend, billionaire Agalarov, hit with foreclosure

Aras Agalarov and Fisher Island (Credit: Wikipedia) The ripple effect from the Trump-Russia investigation led to a problem for the Miami real estate holdings of Azerbaijani-Russian oligarch Aras Agalarov, a friend of President Trump. ...

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  • 19 Jan
  • The Real Deal
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