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Month: February 2019

Chicago’s most expensive listing returns to market at “markdown” to $45M

(Credit: Sotheby’s) A Lincoln Park mansion that sat unsold for two years asking $50 million before being pulled off the market is being listed again, this time for $45 million. The six-bedroom home on North Burling Street was by far ...

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  • 23 Feb
  • The Real Deal
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This week in celeb real estate: Jodie Foster seeks buyer for Beverly Hills home, former baseball star shuffles pads in Encino… and more

From left: Home on Haskell Avenue with Jimmy Rollins and Jodie Foster and her home (Credit: Getty Images, JGold Group and David Kramer) Down on Hollywood Boulevard, workers scrambled all week to set up for Sunday’s Academy Awards. And ...

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  • 22 Feb
  • The Real Deal
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Wall Street really likes Zillow’s new CEO

Rich Barton and Spencer Rascoff playing musical chairs (Credit: iStock, Getty Images, and Obama White House) Zillow Group CEO Rich Barton is back in the driver’s seat, and Wall Street likes what it’s seeing. Shares of the Seattle-based ...

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  • 22 Feb
  • The Real Deal
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Here are LA County’s top 5 retail sales of January

From left: 1408 3rd Street Promenade, Santa Monica and 6501 San Fernando Road (Credit: LoopNet and Google Maps) The new year has already started off stronger than the tail end of 2018, when the most expensive retail sale amounted to ...

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  • 22 Feb
  • The Real Deal
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Venezuela opposition leader spurs renewed interest among SoFla real estate investors amid turmoil

Nicolas Maduro and Juan Guaido (Credit: Wikipedia and Google Maps) As Venezuela descended into economic turmoil in recent years, real estate values plummeted and investors looked elsewhere, including to South Florida. Eventually, that ...

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  • 22 Feb
  • The Real Deal
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Who provides the more accurate home valuation: Zillow or Redfin?

(Credit: Wikipedia and iStock) When you type in a home’s street address to obtain an online valuation from the two biggest players in the field — Zillow’s Zestimate or Redfin’s Estimate tools — how good is what you get? Both are used ...

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  • 22 Feb
  • The Real Deal
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One of Trump’s biggest donors is accused of ripping off L.A. tenants

Donald Trump, Geoff Palmer and Downtown Los Angeles (Credit: Wikipedia) UPDATED on Feb. 22, 2019, at 3:26 p.m.:  A lawsuit claims that billionaire developer Geoffrey Palmer, one of President Donald Trump’s largest donors, has denied ...

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  • 22 Feb
  • The Real Deal
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“I fear they have become the culture”: Richard Meier’s accusers say firm is whitewashing his misdeeds despite the #MeToo movement

From left: Stella Lee, Judi Shade Monk, and Lucy Nathanson (Photo by Emily Assiran) On a recent trip to Germany, Stella Lee met a fan of Richard Meier, the prolific architect who has faced several sexual misconduct accusations over the ...

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  • 22 Feb
  • The Real Deal
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Zillow revenues are up, but losses are widening as it pivots to home-flipping

Spencer Rascoff and Richard Barton (Credit: iStock) New Zillow CEO Rich Barton is shooting for the moon, but the company’s latest financials might have him crashing down to earth. On the same day that it removed Spencer Rascoff as CEO, ...

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  • 21 Feb
  • The Real Deal
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Movers & Shakers: JERDE acquires Superjacent, design firm ZDF adds new principals, and Bolour shuffles execs

Bolour’s Christopher Serna and Adam Eisenberg, Superjacent partners Tony Paradowski and Chris Torres Architecture firm JERDE Partnership has absorbed landscape architecture firm Superjacent, along with its top people. After the ...

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  • 21 Feb
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