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Month: May 2019

Privately-funded space race sparks economic liftoff for this Florida town

A view of Cocoa Beach (Credit: Google Maps) As billionaires Jeff Bezos and Elon Musk compete in launching rockets to outer space, they are fueling a revival of Cocoa Beach, a coastal Florida city where their respective businesses, Blue ...

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  • 26 May
  • The Real Deal
  • Uncategorized
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How Opendoor founder Eric Wu got started in real estate

Opendoor CEO Eric Wu Eric Wu, founder of the real estate start-up Opendoor that lets users buy and sell their homes online, first broke into the industry back in college, when he used his scholarship money to buy about 25 properties. ...

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  • 26 May
  • The Real Deal
  • Uncategorized
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Why rich Brazilians are scooping up property in Portugal

Miami (left) and Portugal (right) (Credit: Unsplash and Pixabay) Brazilian multimillionaire Ricardo Bellino lived more than 10 years in Miami before relocating to Portugal, which has emerged as a haven for affluent Brazilians. Bellino, ...

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  • 26 May
  • The Real Deal
  • Uncategorized
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This week in celeb real estate: Adam Levine unloads $45M home, a Hollywood film producer sells in Brentwood…and more

Anton Lessine and 321 South Bristol Avenue, and Behati Prinsloo and Adam Levine with their home (Credit: Getty Images and Zillow) A star couple-turned-home flippers has scored another big deal. No, it’s not Ellen DeGeneres and Portia ...

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  • 26 May
  • The Real Deal
  • Uncategorized
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Chicago activist lambasted greedy developers for years. What happens now that he’s in charge?

Alderman Byron Sigcho-Lopez (25th) About three dozen Chicago real estate bigwigs and other business leaders gathered at the Soho House in Fulton Market last month to talk about the political vise that seemed to be closing in around ...

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  • 25 May
  • The Real Deal
  • Uncategorized
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Former home of hitman, Capone associate “Machine Gun” McGurn hits market

“Machine Gun” Jack McGurn and his former home at 1224 North Kenilworth Avenue The one-time home of notorious Chicago mobster “Machine Gun” Jack McGurn, an alleged mastermind of the 1929 St. Valentine’s Day Massacre, is on the market in ...

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  • 25 May
  • The Real Deal
  • Uncategorized
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Brokers in cabs: Corcoran Group’s Sydney Blumstein

[video_embed][/video_embed] In the second episode of The Real Deal‘s new series “Brokers In Cabs,” the Corcoran Group’s Sydney Blumstein talked about agent gossip, how a dating competition in her rental broker days led to gobs of new ...

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  • 25 May
  • The Real Deal
  • Uncategorized
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Gwyneth Paltrow’s got some real estate advice: Buy a village in Spain

Village for sale in Pontevedra and Gwyneth Paltrow (Credit: Aldeas Abandonadas, Getty) Entire villages are hitting the market in Spain and actress-turned-wellness guru Gwyneth Paltrow wants you to buy one. Prices vary, but some can be ...

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  • 25 May
  • The Real Deal
  • Uncategorized
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Erasing history? Frank Lloyd Wright-designed home staring down demolition

Frank Lloyd Wright and Sherman Booth Cottage A suburban cottage designed by Frank Lloyd Wright may be nearing a date with the wrecking ball. Weeks after the Sherman Booth Cottage sold to an unknown buyer for $555,000, its new owner ...

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  • 25 May
  • The Real Deal
  • Uncategorized
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Hyatt is doubling down on boutique “lifestyle hotels”

Frederic Flageat-Simon (Credit: iStock) The days of one-brand hotel chains are fast disappearing, as the hospitality conglomerates double down on lifestyle and boutique brands. Hyatt has launched a “lifestyle division” that will ...

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  • 25 May
  • The Real Deal
  • Uncategorized
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