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Month: December 2019

Ben Carson vs. the critics

Ben Carson (Photos by Stephen Voss) Ben Carson’s office is what one might expect from a former neurosurgeon: clean, with few distractions, in a sterile, hospital-like setting. The Secretary of the U.S. Department of Housing and Urban ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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These were the 5 biggest resi deals in LA in 2019

The top five Los Angeles home sales combined to net $536 million In the first few months of 2019, no one was biting at historic nine-figure asking prices for Los Angeles’s most luxurious homes. But by the year’s end, three homes had ...

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  • 19 Dec
  • The Real Deal
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WeWork plans to sell Managed by Q at major loss

WeWork co-CEO Artie Minson and Managed by Q founder Dan Teran (Credit: Wikipedia, Getty Images) WeWork is in talks to unload one of its business units at a major discount as the co-working company struggles to get back on track. ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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Top Eastdil broker in LA heads to NY to boost capital markets team

Eastdil Secured Managing Director Jonathan Firestone (Credit: Eastdil) One of Eastdil Secured’s top brokers in Los Angeles is moving to the East Coast, to boost the firm’s investment sales and debt placement teams in New York. Jonathan ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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Europe could be headed toward a housing crisis

Many see a housing bubble forming (Credit: iStock) Negative interest rates and high rates of household debt in Europe may be leading to a housing bubble. The European Central Bank five years ago slashed its benchmark interest rate to ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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The Agency expands into Aspen

Heather Sinclair and Lisa Hatem are first hires for The Agency’s Aspen office. The Agency is opening a two-person office in Aspen, Colorado, as the luxury residential brokerage looks to compete with national firms already established ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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In the heart of Hollywood’s development boom, plans filed for 198-unit tower

The current site at 1400 North Vine and a rendering of the Netflix-anchored development at 1341 North Vine across the street. (Credit: Google Maps) In the shadow of a $450 million office development anchored by Netflix, developer ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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Judge tosses mortgage-fraud case against Manafort

Paul Manafort and Manhattan District Attorney Cyrus Vance Jr. (Credit: Getty Images) The Manhattan district attorney’s criminal case against former Trump campaign manager Paul Manafort has been dismissed by a New York judge. Manafort’s ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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Cityview sells off 2 apartment complexes totaling 586 units

Don Hankey, chairman of Hankey Investment Company; and Cityview CEO Sean Burton, with a rendering of The Pearl on Wilshire (Credit: BuzzBuzzHome) Multifamily developer and investor Cityview has recently been a seller. The firm shed its ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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Real estate donors are turning away from Trump

Donors favor Democrats over Trump (Credit: Getty Images, iStock) As a Republican, an incumbent and a former developer, President Donald Trump should have no trouble harnessing donations from the real estate industry. But new data from ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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