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Month: February 2020

Execs dish on proptech on Day 2 of Future City

Real estate leaders and tech startup founders converged Monday at the convention center at the Baha Mar resort for a full day of panels on how proptech is changing the industry. To start the day, Stuart Elliott, The Real Deal‘s ...

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  • 26 Feb
  • The Real Deal
  • Uncategorized
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Saudi retail magnate behind $94M Makowsy manse deal: report

Fawaz Alhokair is reportedly buyer behind Makowsky spec mansion (Credit: Berlyn Photography via Dirt.com) Saudi Arabian retail entrepreneur Fawaz Alhokair is reportedly behind one of the limited liability companies who purchased Bruce ...

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  • 26 Feb
  • The Real Deal
  • Uncategorized
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Eli Broad asks $75M for Billionaire’s Beach mansion

Eli Broad and the home (Credit: Jemal Countess/Getty Images, and SIMON BERLYN/BERLYN MEDIA via The Wall Street Journal) Eli Broad, perhaps Los Angeles’ most famous developer-turned civic champion, is putting his Carbon Beach mansion on ...

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  • 26 Feb
  • The Real Deal
  • Uncategorized
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Candidates talk housing issues at Democratic debate

From left: Former New York City Mayor Mike Bloomberg, former South Bend, Indiana Mayor Pete Buttigieg, Sen. Elizabeth Warren, Sen. Bernie Sanders, former Vice President Joe Biden and Sen. Amy Klobuchar (Photo by Win McNamee/Getty ...

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  • 26 Feb
  • The Real Deal
  • Uncategorized
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Sternlicht on retail’s woes: Tenants have done “incredibly shitty job” running stores

An illustration of Chairman of Starwood Capital Group Barry Sternlicht (Credit: iStock) Troubles in the retail world aren’t going away anytime soon — and retailers have themselves to blame. That’s according to Starwood Property Trust ...

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  • 25 Feb
  • The Real Deal
  • Uncategorized
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In latest deal, Sares-Regis sells Little Tokyo resi complex for $116M

Sares-Regis Principal William Thormahlen & photo of Wakaba LA Sares-Regis Group has sold a 240-unit apartment complex it developed in Little Tokyo, continuing an active period for the multifamily investor. Sares-Regis sold Wakaba ...

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  • 25 Feb
  • The Real Deal
  • Uncategorized
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Fifth Wall closes $100M fund to bring online retailers into physical stores

Fifth Wall Ventures’ Brendan Wallace and Kevin Campos (Credit: iStock) A new generation of e-tailers are looking to make their first, risky step into the world of physical real estate, and one real estate-focused venture capital firm ...

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  • 25 Feb
  • The Real Deal
  • Uncategorized
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Hotel spy games: Beny Alagem’s Waldorf planted a mole inside the Peninsula to steal clients, lawsuit says

Beny Alagem with the Beverly Hills Waldorf and the Beverly Hills Peninsula Hotel (Credit: Google Maps, Getty Images and iStock) The Peninsula Beverly Hills believes it had its own Aldrich Ames manning the front desk. The ultra-luxury ...

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  • 25 Feb
  • The Real Deal
  • Uncategorized
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Dining with VIPs at TRD’s Future City retreat

CEOs, developers, landlords and other industry leaders joined The Real Deal at its second-annual Future City event at Baha Mar in the Bahamas this weekend. Proptech was top of mind as attendees gathered at a welcome reception and ...

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  • 25 Feb
  • The Real Deal
  • Uncategorized
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GPI Cos. starts work on West Hollywood luxury resi complex

GPI Companies founders Cliff Goldstein and Drew Planting with a rendering of the project Another project by GPI Companies is underway, this time in West Hollywood. The prolific real estate development and investment firm this week ...

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  • 25 Feb
  • The Real Deal
  • Uncategorized
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