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Month: November 2020

Niami’s Opus megamansion sells to prolific SoCal investor

Nile Niami and 1175 N Hillcrest Road (Getty, Redfin) Nile Niami’s Opus megamansion has finally sold to someone who didn’t pay to develop it. The 20,000-square-foot Trousdale Estates property, which Niami’s lender paid $38 million for ...

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  • 23 Nov
  • The Real Deal
  • Uncategorized
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Real estate execs, business leaders urge Trump to begin transition

From left: President Donald Trump, Blackstone’s Jonathan Gray and Tishman Speyer’s Rob Speyer (Getty) More than 100 business leaders have signed a letter demanding that President Donald Trump’s administration cease its challenges to ...

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  • 23 Nov
  • The Real Deal
  • Uncategorized
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LA County orders restaurants to suspend outdoor dining

Villa Blanca in Beverly Hills and Le Pain Quotidien’s West Hollywood location are just two restaurants to recently close due to the coronavirus pandemic (Getty) Los Angeles County is suspending outdoor dining at restaurants for at ...

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  • 23 Nov
  • The Real Deal
  • Uncategorized
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Black homeowners twice as likely to lose homes and return to renting: Report

A recent study that found 1 in 10 Black homeowners returned to renting between 1984 and 2017 (iStock) Over the last three decades, Black homeowners were twice as likely as white homeowners to lose their properties and return to ...

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  • 22 Nov
  • The Real Deal
  • Uncategorized
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Ski resorts gear up for tough season in the shadow of pandemic

(iStock) Ski resort operators are gearing up for what could be a tough season. Operators are adopting measures that will be familiar to most patrons by now, according to the New York Times. Most resorts will require face coverings ...

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  • 22 Nov
  • The Real Deal
  • Uncategorized
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Infomercial king pitches his Santa Barbara ranch

Ron Popeil and his Santa Barbara property (Ron Popeil, Zillow) Inventor and infomercial king Ron Popeil’s latest pitch is for his 150-acre Santa Barbara ranch with seven miles of trails. But wait, there’s more. Popeil, whose Ronco ...

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  • 22 Nov
  • The Real Deal
  • Uncategorized
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For some employees, WFH now includes a view of the Mediterranean

Palermo, Italy (iStock) As winter nears and coronavirus infections spike in the U.S. and parts of Europe, some workers are heading for warmer, more remote climes. Those fortunate Europeans and Americans — but not ultra wealthy — are ...

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  • 21 Nov
  • The Real Deal
  • Uncategorized
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Here’s how South Korea plans to create 100K units of housing

The effort is meant to address concerns among residents about rising rents and supply shortages (Unsplash) The South Korean government wants to convert empty hotels and office buildings into over 100,000 residential units over the next ...

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  • 21 Nov
  • The Real Deal
  • Uncategorized
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Fake Kardashian home in Studio City gets price bump

The Studio City house that stood in for Kris Jenner’s home on “Keeping Up With The Kardashians” is back on the market (Photos via Zillow; Getty) The Los Angeles house that stood in for Kris Jenner’s home on “Keeping Up With The ...

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  • 21 Nov
  • The Real Deal
  • Uncategorized
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Pablo Escobar’s former Miami Beach property sells for $11M

Jarrett Posner and Pablo Escobar with 5860 North Bay Road (Getty, The Waterfront Team) The waterfront Miami Beach lot once home to Colombian drug lord Pablo Escobar in the 1980s now has a new owner. Chicken Kitchen founder Christian de ...

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  • 20 Nov
  • The Real Deal
  • Uncategorized
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