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Month: January 2020

Start your timer: Leonard Ross has 4 months to sell Hearst mansion

A judge will let Hearst estate be used as cash collateral (Credit: iStock) Real estate investor Leonard Ross has bought himself some time – four months, actually – to sell the grand William Randolph Hearst estate in Beverly Hills for ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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The youth are fueling Sam Zell’s outdoor home rental business

Sam Zell (Credit: Studio Scrivo, iStock) Younger generations are boosting the bottom line for Sam Zell’s #vanlife business. To date, baby boomers have been the core customer base for Equity Lifestyle Properties, Zell’s Chicago-based ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Metro Networks founder Saperstein lists Malibu home for $115M

Billionaire David Saperstein lists Malibu home (Credit: Alfred Yson/Sotheby’s International Realty via The Wall Street Journal) Entrepreneur David Saperstein has put his eclectic Paradise Cove estate — one of Malibu’s largest — on the ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Real estate tech company RealPage hit by $10.5M hack

Hackers stole $10.5M from property management software provider RealPage through an employee’s account (Credit: iStock) Texas-based property management software provider RealPage was the target of hackers who stole $10.5 million from ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Connecticut developer charged with killing wife is rushed to hospital after apparent suicide attempt

Fotis Dulos (AP Images/ Erik Trautmann) The Connecticut developer accused of murdering his estranged wife was rushed to the hospital Tuesday afternoon after an apparent suicide attempt. Citing an official familiar with the case, the ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Is third time a charm for state’s high-density housing bill?

CA State Sen. Scott Wiener pushes for high-density housing to solve homeless crisis (Credit: Getty Images) Three years ago, state Sen. Scott Wiener crafted a bill to make it easier for developers to build taller, high-density housing ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Two of Realogy’s biggest brokerage brands are merging

Citi Habitat president Gary Marlin and Corcoran CEO Pam Liebman (Credit: Corcoran) UPDATED: January 28, 11:20 a.m.: After operating as “sister” companies for nearly two decades, the Corcoran Group and Citi Habitats are merging under ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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An eXp agent made a thoughtless joke after Kobe Bryant’s death. She was fired

Baha Nabulsi’s Facebook post Kobe Bryant’s death in a helicopter crash Sunday triggered an outpouring of grief across the world, with sports fans paying tribute to one of basketball’s greatest-ever talents. But one eXp Realty agent saw ...

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  • 27 Jan
  • The Real Deal
  • Uncategorized
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Why institutional investors are now in love with Nordic real estate

Stockholm, Sweden (Credit: iStock) Institutional capital is piling into Nordic real estate as investors hunt for returns. The $49 billion or so invested in real estate last year in the north European region — Sweden, Norway, Denmark, ...

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  • 26 Jan
  • The Real Deal
  • Uncategorized
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Inside Akon’s 2,000-acre crypto-city in Senegal

Akon and a rendering of Akon City in Senegal. (Credit: Getty Images and Hussein Bakri/BAD Consultant/Semer Group) It’s something of a moment for smart cities built from scratch. In Indonesia, the crown prince of Abu Dhabi and Masa Son ...

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  • 26 Jan
  • The Real Deal
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