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Month: February 2020

Forever 21 will sell to Simon, Brookfield-led partnership at bargain-basement price

From left: Authentic Brands Group CEO Jamie Salter, Simon Property Group CEO David Simon, and Forever 21 CEO Do Won Chang (Credit: Getty Images) Two top mall owners and a brand management company are teaming up to buy troubled retailer ...

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  • 03 Feb
  • The Real Deal
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Jeff Bezos is shopping for an Amazon-sized mansion in LA

Jeff Bezos with Casa Encantada and Palazzo di Amore estate (Credit: Getty Images and iStock) UPDATED, Feb. 3, 12:08 p.m.: For Jeff Bezos, when it comes to buying the perfect Los Angeles home to share with his girlfriend, the sky’s the ...

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  • 03 Feb
  • The Real Deal
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Blackstone’s warehouse play challenges Prologis’ claim to the throne

From left: Prologis CEO Hamid R. Moghadam and Blackstone’s Jon Gray Long before windowless warehouses became a sexier investment than luxury condos, Prologis was king. The San Francisco-based company bought up millions of square feet ...

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  • 03 Feb
  • The Real Deal
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Where to next? Inside Eastdil Secured’s global expansion

Roy March UPDATED February 3, 2:48 p.m.  Over Kobe steaks at the Michelin-starred Beefbar in Hong Kong, Roy March and Goodwin Gaw were chatting in hushed tones. They traded notes on their Ferraris and detailed their recent travels, but ...

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  • 03 Feb
  • The Real Deal
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This Northern Virginia estate just shattered a DC-area price record

James Kimsey and the Virginia estate (Credit: Getty Images) The Virginia estate of late AOL co-founder James Kimsey sold for $45 million, a record for the Washington, D.C. area. The three-acre property listed in 2018 for $63 million, ...

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  • 02 Feb
  • The Real Deal
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A land deal between Joe Biden’s brother and a favored lobbyist is raising eyebrows

Joe Biden and James Biden (Credit: Getty Images, iStock) As scrutiny continues over son Hunter Biden’s ties to a Ukrainian natural gas company, some are taking notice of the real estate interests of Joe Biden’s brother James. It looks ...

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  • 02 Feb
  • The Real Deal
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Berlin’s radical new rent laws will destroy €5.5B in real estate investment: landlords

Berlin (Credit: Wikipedia) Berlin’s legislature passed a package of rent regulations on Thursday that will cap revenues for landlords and freeze rents for five years. A spokesperson for Chancellor Angela Merkel’s Christian Democratic ...

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  • 02 Feb
  • The Real Deal
  • Uncategorized
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A land deal between Joe Biden’s brother and a favored lobbyist is raising eyebrows

Scott Green and Joe Biden (Credit: Getty Images and Wikipedia) As scrutiny continues over son Hunter Biden’s ties to a Ukrainian natural gas company, some are taking notice of the real estate interests of Joe Biden’s brother James. It ...

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  • 01 Feb
  • The Real Deal
  • Uncategorized
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Climate change is a real threat to America’s very expensive stadiums

Hard Rock Stadium in Miami (Credit: HOK Studio) Miami’s Hard Rock Stadium hosts the Kansas City Chiefs and the San Francisco 49ers in Super Bowl LIV on Sunday. Over the last few years, extreme weather and hurricane threats have ...

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  • 01 Feb
  • The Real Deal
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Building the Coronavirus hospital in just 10 days

China’s prefabricated hospital in Wuhan on January 30. (Credit: Getty Images) On Monday, China’s authorities plan to open a 25,000-square-foot prefabricated hospital in the city of Wuhan to treat Coronavirus patients, just 10 days ...

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  • 01 Feb
  • The Real Deal
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