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Month: May 2019

Texas teachers’ pension fund makes huge investment in international real estate

Lone Star’s John Grayken (Credit: Getty Images and iStock) The Texas teachers’ retirement fund is betting big on the international real estate market. The $3 billion Teacher Retirement System of Texas announced it will invest over $500 ...

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  • 18 May
  • The Real Deal
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Uber who? Softbank lenders don’t sweat rough week on stock market

Softbank’s Masayoshi Son (Credit: Getty Images and iStock) Softbank might have a junk-level credit rating and is fresh off a stock market beating this week, but banks have never felt safer lending to the telecommunications ...

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  • 18 May
  • The Real Deal
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D.R. Horton has bought land worth millions from founder’s sons

Donald R. Horton and a D.R. Horton home interior (Credit: D.R. Horton) Homebuilding giant D.R. Horton has paid its founder’s children millions of dollars to buy land to develop over the last two years. Federal securities filings ...

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  • 18 May
  • The Real Deal
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This week in celeb real estate: Tinder co-founder eyes breakup with Montecito home, Beck’s former home lists for sale… and more

Sean Rad and Beck Aside from one $16 million sale in the South Bay, celebrities looked outside L.A. for their real estate fix this week. Two multi-million-dollar listings came up in Montecito, a celebrity enclave in Santa Barbara known ...

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  • 17 May
  • The Real Deal
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What to expect at ICSC in Las Vegas in 2019

Almost 30,000 retail real estate professionals will descend on Las Vegas for ICSC. Here’s what they expect. Long gone are the days of the two-decade flagship lease. Now, brokers attending this year’s International Council of Shopping ...

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  • 17 May
  • The Real Deal
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“I feel like home”: Trump touts economy, gushes over agents at NAR conference

President Donald Trump addresses the National Association of Realtors on Friday (Credit: Getty Images) “I feel like home,” President Donald Trump said as he took the podium in front of a crowd of real estate agents on Friday. Trump ...

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  • 17 May
  • The Real Deal
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Santa Monica prohibits market rate micro apartments

Santa Monica Mayor Gleam Davis and Santa Monica City Hall attached There’s no room in Santa Monica for any more micro units — at least for now. Market-rate apartments under 375 square feet are now permanently banned in the city of ...

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  • 17 May
  • The Real Deal
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The 2019 ICSC party guide

The party must go on: 2019’s ICSC party list is here. While retail brokers may be chasing a different game ICSC this year, the parties remain the main attraction of the four-day conference. Tens of thousands of real estate brokers are ...

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  • 17 May
  • The Real Deal
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Trump derails $929M in funding for the bullet train, jeopardizing construction

Gavin Newsom, Donald Trump and a rendering of the train The California high-speed rail project may have already fallen off the tracks. Following up on threats from March, the Trump administration has canceled a $929 million grant for ...

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  • 17 May
  • The Real Deal
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Where it’s at: Beck’s old Hancock Park pad hits the market

Beck and 511 South Arden Boulevard Beck’s real estate picks are never losers, baby. One of the properties in Hancock Park once owned by the singer — a 1920s Mediterranean-style mansion — has hit the market for $8.4 million, the Los ...

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  • 17 May
  • The Real Deal
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