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Month: May 2019

WATCH: TRD reporters discuss the Big Brother-ing of real estate

The real estate industry is getting smart, adding new technologies and collecting data that promise big advances. At the same time, critics are raising concerns that landlords and brokerages are crossing the line when it comes to ...

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  • 04 May
  • The Real Deal
  • Uncategorized
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This week in celeb real estate: Vince Vaughn’s former home lists, pedigreed Holmby Hills pad trades hands…and more

Eva Gabor and Frank Sinatra with the estate and Vince Vaughn with his home (Credit: Getty Images) The parade of celebrity homes was a mostly short one this week. Apart from an $11 million sale in Holmby Hills, much of the activity ...

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  • 03 May
  • The Real Deal
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Walter J. Company eyes Opportunity in Westlake resi development

Adrian Jayasinha and the project site (Credit: Google Maps) Opportunity is knocking in Westlake. A development firm wants to build an 85-unit apartment building — a property that is in a federal Opportunity Zone — in a neighborhood ...

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  • 03 May
  • The Real Deal
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Will new Opportunity Zones rules propel an office boom?

Office building blueprints (Credit: iStock) When Michael Tillman’s PTM Partners bought property in Overtown in February to build an 18-story apartment complex, it became one of the first Miami-based real estate firms to utilize the ...

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

Here are a couple of new real estate events to look out for next week. From May 7 to May 8, the CRE Finance Council is holding its Commercial Real Estate Finance Summit West at the Fairmont Miramar Hotel and Bungalows, 101 Wilshire ...

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  • 03 May
  • The Real Deal
  • Uncategorized
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Who lost the most when Realogy’s stock took another nosedive?

Realogy CEO Ryan Schneider (Credit: iStock) Realogy’s institutional backers took a beating Friday, as they watched the value of their stock dwindle within a 24-hour period following yet-another disappointing earnings report. As of ...

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  • 03 May
  • The Real Deal
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LA’s Opportunity Zone market heats up with $58M in new deals

Mayer Separzadeh and Goodwin Gaw What do an ice cream maker and gun shop owner from Los Angeles have in common with an investor from Miami? All three recently cashed out of properties in Opportunity Zones in L.A. The deals closed in ...

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  • 03 May
  • The Real Deal
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One Beverly Hills hotel and condo project has its latest starchitect

Beny Alagem, Norman Foster and a rendering of the site Hotelier Beny Alagem and partner Cain International have tapped a starchitect to design their One Beverly Hills mixed-use complex. Norman Foster of Foster + Partners will create ...

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  • 03 May
  • The Real Deal
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It’s the SALT tax, stupid: Here’s why luxury home sales have surged

Barry Sternlicht, Howard Lerman and Jamie LeFrak After a rush of high-end residential sales to start 2019, the pace of those so-called “tax refugees” moving to South Florida has slowed but it’s not going away. In Miami Beach in ...

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  • 02 May
  • The Real Deal
  • Uncategorized
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Tel Aviv Stock Exchange sees first U.S. real estate debut since last year’s crash

The Tel Aviv Stock Exchange and a rendering of The Epic in Dallas (Credit: iStock) Investors on the Israeli stock exchange appeared to sour on U.S. real estate companies last year, after several firms saw their bond values collapse ...

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  • 02 May
  • The Real Deal
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