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Month: October 2020

OC wildfires prompt tens of thousands to evacuate

The Silverado Fire in Irvine, CA (Getty) Up to 100,000 residents of Orange County are under evacuation orders, after a pair of wildfires erupted there Monday. Two firefighters were gravely injured and several thousand homes were at ...

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  • 27 Oct
  • The Real Deal
  • Uncategorized
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Does taxing the wealthy really drive them away?

Gov. Phil Murphy (left) and billionaire David Tepper This year’s spring housing market came a couple of months later than usual to the leafy suburbs of New Jersey. But it was worth the wait. Michele Kolsky-Assatly, a veteran agent with ...

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  • 26 Oct
  • The Real Deal
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New home sale prices rise but buyers are hanging back

(iStock) Americans paid more for newly-built homes last month but they didn’t buy as many of them. The median price of new homes that sold in September was $326,800, up 4.5 percent from August, according to the Census Bureau’s monthly ...

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  • 26 Oct
  • The Real Deal
  • Uncategorized
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Blackstone makes $1.2B deal with Brookfield for self-storage company

Blackstone Group president Jonathan Gray (Getty) Blackstone Group is buying Simply Self Storage from Brookfield Asset Management for about $1.2 billion, Bloomberg reported. Brookfield bought the storage company in 2016 and has more ...

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  • 26 Oct
  • The Real Deal
  • Uncategorized
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When the music stops: Guitar Center could file for bankruptcy

(Getty) The music could stop at Guitar Center in the near future. The retailer is preparing for bankruptcy after missing a $45 million interest payment on its debt, the New York Times reported. The company has reached out to creditors ...

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  • 26 Oct
  • The Real Deal
  • Uncategorized
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Deutsche Bank’s CRE head moves to Oak Hill Advisors

Matt Borstein, Deutsche Bank’s global head of CRE, is moving to Oak Hill Advisors (Photo via Deutsche Bank) Matt Borstein, Deutsche Bank’s global head of commercial real estate, is moving on to become a partner at Oak Hill Advisor. ...

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  • 26 Oct
  • The Real Deal
  • Uncategorized
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Jules Trump talks South Florida luxury tower development in TRD’s Coffee Talks

In excess-loving South Florida, there’s always room for more — more mansions on the waterfront, more luxury penthouses, and more Trump. TRD‘s latest episode of Coffee Talk includes just one Trump. Not Donald, not Eric or Don Jr., but ...

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  • 26 Oct
  • The Real Deal
  • Uncategorized
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Eva Chow’s supersized Holmby Hills mansion gets another price cut

Eva Chow and 133 S Mapleton Drive (Getty, Realtor) Eva Chow has again cut the asking price on her massive Holmby Hills mansion. Chow — who was married to Mr. Chow restaurant owner Michael Chow — has relisted the 30,000-square-foot ...

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  • 26 Oct
  • The Real Deal
  • Uncategorized
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Rolling Stones guitarist Ronnie Wood lists colorful London townhouse

Ronnie Wood and his London home (Getty, Milton Stone) Rolling Stones guitarist Ronnie Wood is looking to part ways with a London townhouse he bought a decade ago. The 73-year-old musician listed the five-story home on Holland Road in ...

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  • 25 Oct
  • The Real Deal
  • Uncategorized
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Montana’s real estate market shows no signs of cooling heading into winter

Bozeman, Montana Montana’s winters are brutally cold, but its real estate market is as hot as it gets. Buyers from more dense parts of the country continue to flock to the state, with cash in hand and ready to pounce on properties ...

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  • 25 Oct
  • The Real Deal
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