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Month: March 2019

Tesla will close stores, lay off staff as carmaker goes online

Elon Musk (Credit: Getty) Tesla is closing down its dealerships and will sells its cars solely online, the company said this week. The decision was made to cut costs in order to release its mass-market vehicle, the $35,000 Model 3, ...

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  • 10 Mar
  • The Real Deal
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Playing this video game taught a generation of planners how to design cities

Screenshot from Sim City 4 (Credit: Microsoft) When the city-building game “Sim City” was released in 1989, video games were largely considered a leisure activity at best. But the groundbreaking city-planning simulator has influenced ...

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  • 10 Mar
  • The Real Deal
  • Uncategorized
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Tennis star Janković puts San Diego mansion up for $13.5M

Jelena Janković (Credit: Flickr) Tennis star Jelena Janković served up her massive spec mansion in San Diego for $13.5 million. Janković purchased the two-acre property in Rancho Santa Fe for $1.53 million in 2008 – the same year she ...

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  • 10 Mar
  • The Real Deal
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Come Awaze with me: Europe’s $1.3B vacation rental giant gets a new name

The portfolio of Awaze brands was previously owned by Wyndham Destinations (Credit: Trip Advisor) A portfolio of European vacation rental brands, once an Airbnb acquisition target, has unveiled a new corporate identity as it prepares ...

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  • 09 Mar
  • The Real Deal
  • Uncategorized
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“We need Ken Griffin…or a sports figure:” Mansion has gone unsold for 11+ years

Gerald Forsythe and 344 Old Sutton Road (Credit: JG-TC) The owner of a massive Barrington mansion that’s gone unsold for more than 11 years cut the asking price by another $1 million this week in hopes of finally finding a buyer. “It’s ...

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  • 09 Mar
  • The Real Deal
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John Hughes’ widow shopping Lake Forest mansion after picking up $12M home

John Hughes and 263 North Mayflower Road (Credit: Wikipedia) The widow of filmmaker John Hughes is shopping a Lake Forest mansion after buying another big estate in the North Shore town for $12 million. Nancy Hughes broke the record ...

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  • 09 Mar
  • The Real Deal
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This week in celeb real estate: Michael Chow bites into Hollywood Hills, Mel B and Mel G drop prices on their pads… and more

From top left clockwise: Mel B and her Hollywood Hills home, Mel Gibson and his Carbon Mesa Road home, and 7310 Mulholland Drive, with Michael Chow and Katy Perry. (Credit: Getty Images)  In the Hollywood Hills, restaurateur Michael ...

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  • 08 Mar
  • The Real Deal
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Bel Air property that Woodbridge Group once bought from Hard Rock Cafe founder sells for $38M

Former Woodbridge CEO Robert Shapiro and 800 Stradella Road More than two years after Woodbridge Group of Companies filed for bankruptcy, charged with operating a $1.2 billion Ponzi scheme, the former luxury real estate developer’s ...

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  • 08 Mar
  • The Real Deal
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Downtown Miami WeWork building expected to sell in massive cryptocurrency auction

Miami’s downtown WeWork building A downtown Miami office building leased to WeWork is expected to sell for $65.5 million in a deal that will be financed through one of the largest known cryptocurrency real estate auctions of its kind. ...

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  • 08 Mar
  • The Real Deal
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Mark your calendars: These are LA’s top real estate events next week

Next week brings a couple of new real estate events to Los Angeles. On March 12, from 11:30 a.m. to 1:30 p.m., the Los Angeles County Bar Association is holding an event on the Top 10 Cases in Real Estate for 2018 at their ...

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  • 08 Mar
  • The Real Deal
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