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Month: March 2019

For Travis County, Texas, Opportunity is definitely calling

From left: Palm Beach County and Los Angeles (Credit: Wikipedia) Real estate investors and developers are raising hundreds of millions of dollars for projects in the thousands of Opportunity Zones scattered around the country. But not ...

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  • 26 Mar
  • The Real Deal
  • Uncategorized
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In sting linked to Robert Kraft, authorities seek to confiscate SoFla condos

Orchids of Asia Day Spa (Credit: Getty Images) Authorities in Martin and Palm Beach counties are looking to seize South Florida condos owned by people involved in a day spa prostitution probe. The property targeted by law-enforcement ...

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  • 26 Mar
  • The Real Deal
  • Uncategorized
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Atlas Capital can build 725-unit Chinatown complex as fully market-rate

Council member Gil Cedillo and a College Station affordable housing rendering Atlas Capital can build its 725-unit residential complex in Chinatown as fully market-rate over the objections of some community residents who argued for ...

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  • 26 Mar
  • The Real Deal
  • Uncategorized
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Insurance premiums could rise as more extreme storms hit coastal markets

Miami Beach homes after hurricane Irma (Credit: Getty Images and iStock) It’s no secret that coastal homes are becoming more vulnerable to extreme weather and other effects of climate change. But the cost of living on the coast has ...

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  • 26 Mar
  • The Real Deal
  • Uncategorized
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Ratkovich Cos. partnership secures $30M for sprawling San Pedro market project

Ratkovich Company’s Wayne Ratkovich and a rendering of the San Pedro Public Market The Ratkovich Company and Jerico Development have secured $30 million to go toward the development of the sprawling San Pedro Public Market project. ...

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  • 26 Mar
  • The Real Deal
  • Uncategorized
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Here are the latest under 50-unit resi projects proposed in LA

From top left, clockwise: Development sites on Rossmore Avenue, Spaulding Avenue, Hi Point Street, and Victory Boulevard (Credit: Google Maps) All four of the under 50-unit apartment projects proposed in Los Angeles seek to take ...

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  • 25 Mar
  • The Real Deal
  • Uncategorized
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Nate Berkus and Jeremiah Brent unload Hancock Park home at price cut

Nate Berkus and Jeremiah Brent sold their home in Hancock Park for $11.3 million (Credit: Brent Watson Homes) The stars of “Nate & Jeremiah By Design” have sold their Hancock Park home three months after listing, and $2.5 million ...

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  • 25 Mar
  • The Real Deal
  • Uncategorized
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Kazakh bank says Sater considered laundering money into Trump Tower Moscow

From left: Felix Sater, Mukhtar Ablyazov, and Ilyas Khrapunov with a rendering of Trump Tower Moscow (Credit: Getty Images, RFE/RL, and OCCRP) A new lawsuit filed by Kazakhstan’s BTA Bank alleges Trump Soho developer Felix Sater ...

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  • 25 Mar
  • The Real Deal
  • Uncategorized
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Safco Capital’s LA expansion continues with South Gate retail complex

The South Gate retail complex and Catellus CEO Ted Antenucci Safco Capital is adding another shopping center to its Los Angeles portfolio. The real estate investment firm, led by John Safi, paid $29.5 million to acquire a fully-leased ...

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  • 25 Mar
  • The Real Deal
  • Uncategorized
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Tribune Company’s 30-story DTLA tower will rise in 2022

Tribune Media Company’s high-rise is scheduled to open in 2025 (Credit: Gensler) Construction on Tribune Media Company’s 30-story mixed-use tower in Downtown Los Angeles is scheduled to begin in 2022, after the Regional Connector ...

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  • 25 Mar
  • The Real Deal
  • Uncategorized
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