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Month: August 2020

Simon Cowell’s got talent for off-market home deals

Simon Cowell and the home (Credit: Tibrina Hobson/WireImage via Getty Images, and Google Maps) Simon Cowell may have a hidden talent for selling homes. The creator and host of “America’s Got Talent” sold his Beverly Hills mansion for ...

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  • 11 Aug
  • The Real Deal
  • Uncategorized
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Airbnb plans to file for IPO this month

Airbnb CEO Brian Chesky (Getty) Airbnb plans to file IPO paperwork with the Securities and Exchange Commission later this month, a move that would allow the peer-to-peer home-rental giant to potentially sell shares to the public before ...

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  • 11 Aug
  • The Real Deal
  • Uncategorized
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Vornado will install facial recognition tech in all its buildings

Vornado CEO Steven Roth and a rendering of the Farley Post Office building (Getty, iStock, SOM) After testing facial recognition technology on users for years, Facebook will soon have to decide whether to opt in or out of facial ...

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  • 11 Aug
  • The Real Deal
  • Uncategorized
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Marriott claims Covid-induced crisis for hotels has bottomed out

Arne Sorenson (Getty) Marriott International believes the hotel industry believes the worst is over, so it’s halting its relief measures for hotel owners’ bills and forging ahead with new development. While announcing the hotel ...

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  • 11 Aug
  • The Real Deal
  • Uncategorized
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J. Crew said it was bankrupt. Then its landlords forked over $130M

J. Crew had plans to shut down its stores, but then its landlords stepped in in $130 million of relief. (iStock; J. Crew by Gary Hershorn/Getty Images) Bankrupt retailer J. Crew is saving $130 million in rent. The retailer, which has ...

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  • 10 Aug
  • The Real Deal
  • Uncategorized
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SoftBank’s Marcelo Claure buys waterfront Miami Beach teardown

5212 North Bay Road in Miami Beach and Marcelo Claure (Getty) Marcelo Claure, a top executive at Japanese conglomerate SoftBank Group, paid $11.1 million for a waterfront teardown on Miami Beach’s North Bay Road, The Real Deal has ...

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  • 10 Aug
  • The Real Deal
  • Uncategorized
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Reggaeton artist Ozuna drops $5M on Coconut Grove house

Jon Beason, Ozuna and 3812 Park Avenue (Getty, Engel & Voelkers Coconut Grove) The “New King of Reggaeton” has a new castle. Juan Carlos Ozuna, known by his last name, closed on the house at 3812 Park Avenue in Miami’s Coconut ...

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  • 10 Aug
  • The Real Deal
  • Uncategorized
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Corcoran affiliate adds another brokerage, this one in wine country

Michael Mahon and Pamela Liebman A franchise affiliate of the Corcoran Group continues to expand in Northern California, absorbing its second residential brokerage in two weeks. Corcoran Global Living announced Monday that it had ...

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  • 10 Aug
  • The Real Deal
  • Uncategorized
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CGI Strategies plans 86-unit apartment complex in Hollywood

Gidi Cohen and Adrian Goldstein with the property (Credit: Google Maps) CGI Strategies is moving ahead with plans for another multifamily development project in Los Angeles, this one in Hollywood. An entity tied to the Woodland ...

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  • 10 Aug
  • The Real Deal
  • Uncategorized
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Airbnb has thousands of unregistered listings in LA, city charges

Brian Chesky (Credit: Kimberly White/Getty Images) Thousands of Airbnb listings in Los Angeles were not registered, violating a sweeping ordinance the city passed last year to rein in short-term rentals. As of early June, around 5,000 ...

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  • 10 Aug
  • The Real Deal
  • Uncategorized
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