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Month: June 2019

Ponzi schemer’s East Hampton home seized by feds to hit the market

The Arc House at 50 Green Hollow Road in East Hampton An unusual East Hampton home that finally found a buyer in 2015 after two years on the market is now poised to list again, albeit under less-than-ideal circumstances. The Arc House, ...

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  • 22 Jun
  • The Real Deal
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What do Billy Joel, Bill Gates and Michael Bloomberg have in common? This town

A sculpture at the Palm Beach International Equestrian Center In a tony enclave in Palm Beach County, streets have names like Appaloosa Trail and Equine Lane, signs demand that horses have the right of way, and fully outfitted barns ...

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  • 22 Jun
  • The Real Deal
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Here are LA County’s top 5 industrial sales of May

Craig Realty founder Steven Craig and 23880 Madison Street (Credit: Google Maps) The tally of the five priciest industrial investment sales in May for Los Angeles County represented a sharp drop from the month before. Carried by a $35 ...

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  • 21 Jun
  • The Real Deal
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Colliers fires head of real estate services for “improper trading”

Dylan Taylor (Credit: Colorado Concern) The CEO of Colliers International‘s real estate services division has been fired for misconduct related to improper trading, the company said Friday. Dylan Taylor had been with the commercial ...

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  • 21 Jun
  • The Real Deal
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Here are LA County’s top 5 multifamily investment sales of May

Four of the top multifamily investment sales of May in L.A. County There was no doubt about which deal led Los Angeles County’s top five multifamily investment sales in May. Through its Opportunity Zone fund, Starwood Capital Group ...

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  • 20 Jun
  • The Real Deal
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The Naked Princess sells Westwood penthouse for record price

Jordana Woodland and the condo (Credit: Getty Images) The founder of the lingerie brand Naked Princess has sold her duplex penthouse condo in Westwood for a record price. Jordana Woodland unloaded the unit at the Remington for $13.3 ...

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  • 20 Jun
  • The Real Deal
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Here are LA County’s top 5 commercial sales of May

A collage of the top commercial sales An 80-year-old Venice post office that was to be transformed into Joel Silver’s production headquarters has new owners who would rather convert it into an office. At $22 million, the property was ...

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  • 19 Jun
  • The Real Deal
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Indian hotel startup to launch in NYC, LA with $300M US investment

OYO Hotels CEO Ritesh Agarwal and OYO Townhouse in Dallas, Texas (Credit: OYO Hotels and Getty Images) The Indian startup company OYO Hotels & Homes plans to invest $300 million in the United States over the next few years, the ...

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  • 19 Jun
  • The Real Deal
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Goodman Group expands industrial portfolio with $130M purchase: sources

Goodman Group CEO Craig Edinger and the property (Credit: Google Maps) Industrial developer Goodman Group paid supermarket chain Ralph’s Grocer Co. about $130 million for a sprawling manufacturing facility in Atwater Village, The Real ...

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  • 19 Jun
  • The Real Deal
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Facebook is launching its own financial marketplace. Will the real estate industry sign on?

Facebook CEO Mark Zuckerberg (Credit: Getty Images and iStock) Facebook’s long-awaited crypto-anchored financial marketplace may emerge as a game-changer for real estate when it debuts next year. The platform, powered by blockchain, ...

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  • 19 Jun
  • The Real Deal
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  • Recent Posts

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