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Month: May 2020

Mike Tyson’s former Maryland home hits the market for $8.5M

A Maryland home formerly owned by Mike Tyson and ex-wife Monica Turner is on the market for $8.5M. The home overlooks the Congressional Country Club, which has hosted U.S. Open golf tournaments. (Getty; Google) A Maryland home once ...

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  • 23 May
  • The Real Deal
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Natural gas mogul lists 813-acre Colorado ranch for $220M

Charif Souki and Aspen Valley Ranch (Credit: Columbia, Shaw Construction) Natural gas mogul Charif Souki has put his sprawling Colorado ranch on the market for $220 million. Souki spent the last seven years building out the 813-acre ...

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  • 23 May
  • The Real Deal
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Internal feud at SoftBank casts doubt on Vision Fund

Softbank’s Marcelo Claure, Masayoshi Son and Rajeev Misra (Getty; iStock) As SoftBank reports a loss of nearly $18 billion — the largest in its history — and prepares to sell off $42 billion in assets, a long-simmery internal feud is ...

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  • 22 May
  • The Real Deal
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The Closing: Barry Sternlicht

Barry Sternlicht (Photo by Emily Assiran) Barry Sternlicht, who has amassed an estimated net worth of $3 billion over the years, is co-founder, chairman and CEO of Starwood Capital Group. The investment firm manages more than $60 ...

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  • 22 May
  • The Real Deal
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Here’s what the office industry is up to as lockdowns lift

As lockdowns lift and the work-from-home debate ranges on, office landlords are eager to get back to leasing and building out their spaces. “We have various construction projects we want to get back to,” said Grant Greenspan, senior ...

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  • 22 May
  • The Real Deal
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Buyer’s remorse?: How Anbang’s $5.8B hotel deal went sideways

Anbang’s Andrew Miller, Mirae’s Peter Lee and (from left) JW Marriott Essex House, the Westin St. Francis in San Francisco and the Four Seasons in Jackson Hole (Credit: Marriott, Westin, Four Seasons) The saga of Anbang Insurance ...

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  • 22 May
  • The Real Deal
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Facebook, Mastercard rethink office footprint

Mastercard CEO Ajaypal Singh with 150 Fifth Avenue and Facebook CEO Mark Zuckerberg with Moynihan Station in New York (Getty; Google Maps) Facebook and Mastercard are the latest major employers to rethink their office needs as remote ...

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  • 22 May
  • The Real Deal
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Landlord lawsuit trashes LA waste collection policy

Eric Garcetti (Credit: Gregg DeGuire/Getty Images) It’s not every day that constitutional rights and trash collection collide. But both are at the heart of a legal battle Los Angeles landlords and hotel owners are waging against the ...

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  • 22 May
  • The Real Deal
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Empty office buildings may give rise to other health risks

Stagnant water in office buildings may pose risk to returning workers (iStock; CDC) Workers abandoned their office buildings in mid-March to heed stay-at-home orders. But their absence may allow for the accumulation of other health ...

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  • 22 May
  • The Real Deal
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Hakim family siphoned rent money instead of paying full mortgage on Onyx Tower: lawsuit

6100 Wilshire Blvd. (Credit: Google Maps) A Wilshire Boulevard office tower could plunge into receivership as lenders accuse owner Said Hakim of siphoning money to personally benefit himself and his family. Wilmington Trust, the ...

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  • 21 May
  • The Real Deal
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