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Month: May 2020

Reuben Brothers scoop up 618-acre property outside Madrid

Simon and David Reuben with an aerial view of the San Juan resevoir (Credit: Wikipedia) Fresh off a big retail deal in New York, British investors David and Simon Reuben have picked up a 618-acre property outside Spain’s capital ...

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  • 31 May
  • The Real Deal
  • Uncategorized
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Trophy office towers could become a thing of the past in London

Number 22 Bishopsgate Some London developers could find themselves building office space for tenants that don’t exist, if they already aren’t. The economic downturn brought on by the pandemic is also likely to mean at least a temporary ...

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  • 30 May
  • The Real Deal
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Lesser-known Apple co-founder re-lists 14,000-acre California ranch

Rana Creek Ranch (Credit: Hall & Hall) A sprawling central California ranch owned by an Apple co-founder is on the market for $37.5 million. Neither Steve Jobs nor his programming whiz partner Steve Wozniak ever owned this ...

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  • 30 May
  • The Real Deal
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Mass timber project in Cleveland could be nation’s tallest

A mass timber project in Cleveland is now under construction and could be the nation’s tallest when completed. Harbor Bay Real Estate Advisors’ Intro development will rise nine stories with 298 residential units (Credit: Harbor Bay ...

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  • 30 May
  • The Real Deal
  • Uncategorized
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Report warns of mass evictions in LA County after ban lifts

Credit: iStock) An estimated 365,000 residential evictions would be carried out in Los Angeles County once the current statewide moratorium lifts. That eye-popping estimate comes from a report released Thursday by the UCLA Luskin ...

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  • 29 May
  • The Real Deal
  • Uncategorized
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Inside South Florida’s mall, retail and restaurant reopenings

Masks, one-way signs, spread-out open-air dining. Malls, stores and restaurants are reopening in South Florida, and changes are evident amid the pandemic. The Real Deal’s South Florida Managing Editor Ina Cordle toured the Miami Design ...

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  • 29 May
  • The Real Deal
  • Uncategorized
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TPG RE Finance gets $325M infusion from Starwood

TPG Real Estate Finance Trust CEO Greta Guggenheim and Starwood Capital CEO Barry Sternlicht (Getty) Facing a cash crunch, TPG Real Estate Finance Trust has secured a major infusion a little over two weeks after it sold off nearly $1 ...

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  • 29 May
  • The Real Deal
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Le Pain Quotidien freed from 59 leases in bankruptcy

A judge allowed Le Pain Quotidien to be released from 59 of its leases. (Getty, iStock) Upscale bakery chain Le Pain Quotidien will be allowed to break 59 of its leases, in a decision the judge acknowledged is “unusual.” The company ...

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  • 29 May
  • The Real Deal
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Unibail-Rodamco’s 34-acre mixed-use Promenade project wins city planning approval

Unibail-Rodamco-Westfield’s Larry Green and a rendering of the project (Credit: Westfield Promenade 2035) Developer Unibail-Rodamco-Westfield has secured an city planning commission approval for its 34-acre mixed-use project in Warner ...

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  • 29 May
  • The Real Deal
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WeWork sued for backing out of San Francisco development deal

Maximus’ Robert Rosania and Former WeWork CEO Adam Neumann (Credit: Kevin Hagen/Getty Images; Ambrosetti) An investor in San Francisco’s largest residential complex is suing WeWork for abandoning its development plans and backing out ...

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  • 29 May
  • The Real Deal
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