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Month: January 2020

“Scale is still our calling card”: Jon Gray talks Blackstone’s real estate strategy for 2020 and beyond

Blackstone’s big real estate deals in 2019 included a massive logistics portfolio and the Bellagio in Las Vegas (Credit: Getty Images, iStock) UPDATED, Jan. 30, 2019, 2:24 p.m.: Following a year of mega-deals that brought Blackstone ...

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  • 30 Jan
  • The Real Deal
  • Uncategorized
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Michelle Pfeiffer, David E. Kelley buy Pacific Palisades pad for $23M

Hollywood power couple Michelle Pfeiffer and David E. Kelley snapped up a Pacific Palisades home for $23 million (Credit: Compass and Getty Images) David E. Kelley and Michelle Pfeiffer aren’t done with the Pacific Palisades. A company ...

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  • 30 Jan
  • The Real Deal
  • Uncategorized
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Richard Meier & Partners alums launch architecture firm

Bernhard Karpf and Parsa Khalili The architect who oversaw Richard Meier & Partners after its founder was accused of misconduct has launched a new firm. Bernhard Karpf and Parsa Khalili launched Karpf Khalili Architects late last ...

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  • 30 Jan
  • The Real Deal
  • Uncategorized
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Welcome to the broker hunger games

Welcome to the broker hunger games: Only “the strong will survive.” (Photo credit: Lionsgate) A decade from now, the real estate marketplace may not be swarming with as many agents as there are today. Automation and increased ...

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  • 29 Jan
  • The Real Deal
  • Uncategorized
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Mall landlords’ stocks plunge as REIT eyes bankrupt Forever 21

From left: Taubman’s Robert Taubman, Macerich’s Thomas O’Hern and Simon Property Group’s David Simon (Credit: Getty Images) The news that Simon Property Group could buy bankrupt retailer Forever 21 has cost the mall landlord nearly $2 ...

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  • 29 Jan
  • The Real Deal
  • Uncategorized
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Facing store closures and falling sales, Victoria’s Secret owner may sell retailer

Leslie Wexner (Credit: Getty Images) The owner of Victoria’s Secret is in talks to potentially sell the company, as sales fall at the iconic lingerie brand. Leslie Wexner, who has built the retail empire of L Brands — the parent ...

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  • 29 Jan
  • The Real Deal
  • Uncategorized
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Harbor taps CIM vet Delal Ali to head West Coast

Delal Ali will head up the West Coast for Harbor Group Harbor Group International has hired a head of West Coast operations, two years after the real estate investment firm opened an office in Los Angeles. Ali will be based in San ...

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  • 29 Jan
  • The Real Deal
  • Uncategorized
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Ratkovich JV approved to begin $150M San Pedro market remake

LA harbor officials approve $150 million remake of San Pedro’s Ports O’Call Village (Credit: Getty Images) A joint venture of the Ratkovich Company and Jerico Development can begin a long-anticipated $150 million project to remake the ...

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  • 29 Jan
  • The Real Deal
  • Uncategorized
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Frank Lloyd Wright’s architecture school is closing after 88 years

Frank Lloyd Wright and the School of Architecture at Taliesin Arizona Campus (Credit: Getty Images and Wikipedia) The architecture school founded by Frank Lloyd Wright is closing after almost 90 years. The School of Architecture at ...

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  • 29 Jan
  • The Real Deal
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Brentwood high-rise fire comes after owner sued for negligence

This piece was updated with a statement from Douglas Emmett A Brentwood fire broke out at Douglas Emmett-owned Barrington Plaza in Brentwood A fire at a Douglas Emmett Inc.-owned Brentwood high-rise Wednesday has left at least eight ...

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  • 29 Jan
  • The Real Deal
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