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Month: January 2020

Ebay exec will lead Rupert Murdoch’s real estate charge

David Doctorow and Rupert Murdoch David Doctorow, a senior executive at eBay, will be the new CEO of Move Inc., the News Corp. subsidiary that operates Realtor.com. Effective Feb. 3, Doctorow will take the helm from and report to ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Sunflowers and Bees are the latest in smart-home security

Sunflower Labs founders Alex Pachikov and Christian Eheim (Credit: Wikipedia, Pixabay) The latest in home security looks a lot like your garden. Two new products — sensors dubbed Sunflowers and an aerial drone called The Bee — were ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Lower-priced home sales drive Lennar’s Q4 revenue

Lennar’s Stuart Miller and a Lennar home (Credit: Lennar and iStock) Despite past indicators of a housing market slowdown, Lennar Corp. reported an uptick in fourth-quarter sales, as it pushes to sell lower-priced homes. The ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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They’re just like us! “Billionaire” manse buyer takes out $58M mortgage

Buyer of $94M “Billionaire” mansion in Bel Air takes out $58M mortgage (Credit: iStock) The mystery buyer of Bruce Makowsky’s over-the-top spec mansion “Billionaire” has taken out a $58 million mortgage on the property, city records ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Roofstock, a marketplace for rental homes, raises $50M

Roofstock CEO Gary Beasley (Credit: Roofstock, iStock) Roofstock, an online marketplace for buying and selling single-family rental homes, just raised $50 million to go after a bigger piece of the fast-growing market. The round, led by ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Where are they now? Real estate figures who seem to have vanished

From left: Steven Spinola, Veronica Hackett and Joseph Beninati (Illustrations by Paul Kisselev) Real estate is a famously fickle industry. Today’s good investment can become tomorrow’s cautionary tale in the blink of an eye, and a ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Move over Ellen: Michelle Pfeiffer is latest celeb RE player

Michelle Pfeiffer, Jim Crane and the Pacific Palisades home. (Credit: Getty Images and Zillow) Ellen DeGeneres and Portia de Rossi are proven luxury real estate buyers and sellers in Los Angeles, but Michelle Pfeiffer and David E. ...

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  • 07 Jan
  • The Real Deal
  • Uncategorized
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To survive, crowdfunding firms are remaking themselves

As crowdfunding startups rethink their business model, many are becoming more like traditional real estate investment firms (Credit: iStock) Starting in 2012, a wave of crowdfunding startups sought to take advantage of new regulations ...

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  • 07 Jan
  • The Real Deal
  • Uncategorized
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Coldwell LA’s Beth Styne moves from manager to producer

Beth Styne (Credit: Nick Reid and Wikipedia) UPDATED, 5:29 p.m., Jan. 7: A week into the new year and already there are major changes afoot at Coldwell Banker. Beth Styne is stepping down as regional vice president of its Greater Los ...

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  • 07 Jan
  • The Real Deal
  • Uncategorized
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The Closing: Owen Thomas

Owen Thomas (Photo by Axel Dupeux) Owen Thomas has served as CEO of Boston Properties since April 2013, when the firm’s famed co-founder Mort Zuckerman tapped him as his successor. Thomas was seen as a surprise pick for the role, as he ...

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  • 07 Jan
  • The Real Deal
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