Month: September 2020

Kwanza Jones and Jose E. Feliciano with the home (Credit: Greg Doherty/Getty Images) José Feliciano, billionaire co-founder of Clearlake Capital, and his wife, Kwanza Jones, have added a Pacific Palisades mansion to their extensive Los Angeles real estate portfolio. The $19.7 million the couple paid for the home at 1148 Napoli Drive makes it one…

Blackstone’s Frank Cohen and Amazon CEO Jeff Bezos with the HQ2 site (Getty; Blackstone; Google Maps) Amazon’s massive HQ2 development outside Washington D.C. may be expanding. The e-commerce leviathan bought a Residence Inn by Marriott near the Arlington, Virginia site that’s earmarked for its second North American headquarters, the Washington Business Journal reported. Amazon plans…

A rendering of the WaveGarden (Credit: Bohler via TCPalm) A Florida developer is planning to anchor a 200-acre mixed-use development with the nation’s largest artificial surf park. The $595 million “Willow Lakes” development would include 800 homes, 600 hotel rooms, 125,000 square feet of office space, 400,000 square feet of retail space and the massive…

(Realtor) A modest condominium in Lake Worth, Florida, ended up in a bidding war after hitting the market in August. While the neighborhood and the property itself may have attracted some bidders, more people were likely lured in by its one-of-a-kind décor — and the promise of a lifetime supply of Budweiser. Its owner, Michael…

The European Union’s top court backed a Parisian measure that regulates renting second homes on Airbnb. (iStock) The European Union’s top court ruled against two Parisian Airbnb hosts in a decision that could impact the short-term rental business’s operations throughout the continent. The Court of Justice of the European Union ruled in favor of a…

Rendering of the Tokyo Tokiwabashi project (Courtesy of Mitsubishi) One of Japan’s largest developers has unveiled new renderings for what could become the country’s tallest building upon completion in 2027. Mitsubishi Estate first announced that it would build the 1,279-square-foot building back in 2016, but revealed new details about the project — including its name,…

(Photo courtesy of Winkworth) London’s skinniest home is for sale, but the asking price isn’t very small. The 1,034-square-foot home, which measures just five feet, five inches wide at its narrowest point, is asking $1.29 million, according to the New York Post. That asking price is a big jump from a decade ago, when an…

Housing and Urban Development secretary Ben Carson (Getty; iStock) A federal lawsuit can proceed against a screening company used by a landlord to weed out tenants, a move that may have violated fair housing laws. The lawsuit blames CoreLogic, the company that did the screening, rather than the landlord who hired the firm, The Markup…

(iStock) Last month, new single-family homes were snapped up in numbers not seen since before the Great Recession, following the pace of existing-home sales, which also hit a 14-year high in August. There were 1.01 million newly-built homes sold in August, according to the Census Bureau’s monthly report, which tracks signed contracts and paid deposits.…

CoStar CEO Andy Florance and CREXi founder Michael DeGiorgio (Photos via CoStar on YouTube; CREXi) CoStar is going after another rival, alleging “flagrant and widespread” copyright infringement. The real estate data giant sued Los Angeles-based CREXi on Friday, saying its employees created fake accounts and accessed the CoStar database over 1 million times. According to…