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Month: September 2020

ACLU accuses Missouri courts of violating federal eviction ban

(iStock) The American Civil Liberties Union filed a federal lawsuit on behalf of Kansas City, Missouri, tenants, alleging that courts in that state violated the federal eviction ban. The lawsuit, filed Wednesday morning in the U.S. ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Real estate crowdfunding guru Grant Cardone misled investors, lawsuit charges

Grant Cardone Real estate crowdfunding guru Grant Cardone is facing allegations that he’s misled thousands of investors across the country by falsely promising them annual returns of at least 15 percent and other incentives that never ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Oceanwide Center sale in San Francisco delayed 3 more months

John Zhao and a rendering of Oceanwide Center (Credit: DBOX, and ERIC PIERMONT/AFP via Getty Images)) Stop me if you’ve heard this one before: Chinese developer Oceanwide Holdings has pushed back the deadline for the sale of its ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Anaheim approves $150M land sale to Angels

Arte Moreno and Angel Stadium of Anaheim (Credit: Larry Goren /Icon SMI/Icon Sport Media via Getty Images) The Anaheim City Council on Wednesday agreed to sell 150 acres around Angels Stadium to Los Angeles Angels owner Arte Moreno for ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Landlords eye taking cut of retailers’ online sales as rent

As shopping habits shift toward the digital, some property owners think demanding a portion of retail tenants’ online sales is only fair. (iStock) Landlords are familiar with percentage rent — taking a portion of retail tenants’ ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Greenbridge Investment plans 169-unit tower in Koreatown

Fareed Kanani and Sean Hashem, with a rendering of the project (Credit: HED via Urbanize, and Greenbridge) Greenbridge Investment Partners wants to build a 169-unit mixed-use tower in Koreatown. The Beverly Hills-based developer is ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Biden and Harris’ income tax filings shine light on their real estate holdings

Kamala Harris and Joe Biden with Donald Trump (Getty; iStock) Joe Biden and Kamala Harris lost the ability to deduct tens of thousands of dollars in real estate taxes from their federal income taxes last year as a result of President ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Mallspats: Unibail-Rodamco sues LA County over retail closures

Westfield Century City mall Well, that escalated fast. Two weeks after sending a letter urging Los Angeles County to reopen its indoor malls, Unibail-Rodamco-Westfield filed a federal lawsuit on Monday over the months-long shutdown. In ...

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  • 29 Sep
  • The Real Deal
  • Uncategorized
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Manhattan vacancies hit a record, 007’s Malibu manse hits the market, and Spire gets acquired: discover this week’s Residential Round-Up

In Manhattan, vacancies hit record lows; in LA, former 007 star Pierce Brosnan put a six-digit price tag on his Malibu manse. Back in NYC, brokerage Oxford Property Group acquired Spire, ballooning to nearly 800 agents. There are ...

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  • 29 Sep
  • The Real Deal
  • Uncategorized
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Colony deal puts Highgate among biggest hotel owners

  Highgate’s Mahmood Khimji (left) and Mehdi Khimji (Credit: Kelly Taub/BFA.com) Highgate’s deal to purchase a $2.8 billion portfolio of hotels from Colony Capital will catapult the company into the upper ranks of the nation’s largest ...

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  • 29 Sep
  • The Real Deal
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