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Month: June 2019

Wall Street warns against privatizing Fannie and Freddie without Congress guarantee

FHFA director Mark Calabria is ready to set Fannie and Freddie free, while Wall Street worries about potential risks. As the Trump administration gears up to end the decade-long conservatorship of Fannie Mae and Freddie Mac, some ...

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  • 14 Jun
  • The Real Deal
  • Uncategorized
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Development plans at Warner Center now include a 190-unit senior facility

6033 N. De Soto Avenue (Credit: Google Maps) Development doesn’t appear to be slowing down soon at Warner Center, where the latest proposed project is a 190-unit senior living facility. The 188,100-square-foot complex would replace an ...

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  • 13 Jun
  • The Real Deal
  • Uncategorized
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A Mediterranean-inspired villa with ties to Taban real estate clan hits market

The home on Caribeth Drive and Eli Taban An Encino estate with ties to the Taban family, which runs Jade Enterprises development firm, has hit the market for nearly $20 million, The Real Deal has learned. If sold at that price, it ...

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  • 13 Jun
  • The Real Deal
  • Uncategorized
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Hudson’s Bay looks to shed stores ahead of $1.3B deal to go private

Hudson’s Bay chairman Richard Baker and Saks Off 5th (Credit: Getty Images and iStock) The global retail industry’s identity crisis is taking a heavy toll on Hudson’s Bay Company. The Canadian parent company of Saks Fifth Avenue and ...

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  • 13 Jun
  • The Real Deal
  • Uncategorized
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Additional programming added to TRD LA Residential Showcase + Forum

The Real Deal is hosting its annual Los Angeles Residential Showcase and Forum on Friday, June 21, at The London West Hollywood. This year’s forum will focus on how social media and guerrilla marketing play into securing exclusive ...

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  • 13 Jun
  • The Real Deal
  • Uncategorized
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Affordable developer AMCAL seeks federal funding for latest resi project

Percival Vaz and a rendering of the housing project (Credit: City of Los Angeles) As Los Angeles continues to struggle with its affordable housing crisis, developers are increasingly turning to the benefits of city, state and federal ...

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  • 13 Jun
  • The Real Deal
  • Uncategorized
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Here are the numbers behind Michael Dell’s record purchase of the Boca Raton Resort

Michael Dell and the Boca Raton Resort & Club Billionaire Michael Dell’s MSD Partners is planning to invest $75 million into the Boca Raton Resort & Spa, according to a Fitch Ratings report that reveals a financial breakdown ...

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  • 13 Jun
  • The Real Deal
  • Uncategorized
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Could Uber “skyports” for LA air taxis be real estate’s next big thing?

Uber CEO Dara Khosrowshahi, a concept Uber Air taxi and Gensler’s skyport design Uber intends to start its flying taxi service in Los Angeles, complete with “skyport” stations that would include a retail component. Could those skyports ...

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

Clockwise from top left: 1333 N. Tamarind Boulevard, 1310 S. St. Andrews Place, 162 N. Douglas Street and 14817 W. Delano Street (Credit: Google Maps) The five recent multifamily projects proposed in Los Angeles total just under 200 ...

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  • 12 Jun
  • The Real Deal
  • Uncategorized
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Engineers blamed for ignoring warning signs before fatal Miami bridge collapse

Linda Figg and the FIU bridge collapse (Credit: Getty Images) The Occupational Safety and Health Administration found a slew of errors in the design and construction of the Florida International University pedestrian bridge that ...

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  • 12 Jun
  • The Real Deal
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