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Month: November 2020

Pharrell’s Billionaire Boys Club to open store in Wynwood

Pharrell Williams and David Lerner with a photo of 2545 Northwest Third Avenue and a rendering of the Billionaire Boys Club exterior (Getty, Google Maps, Lerner Family Properties) Billionaire Boys Club plans to open a store in Miami’s ...

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  • 20 Nov
  • The Real Deal
  • Uncategorized
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Vornado halts sale of office towers co-owned with Trump

From left: 555 California Street in San Francisco, Vornado CEO Steven Roth and 1290 Sixth Avenue in Manhattan (Photos via Wikipedia Commons; Getty; Trump Org) Vornado Realty Trust has suspended its efforts to sell two trophy office ...

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  • 20 Nov
  • The Real Deal
  • Uncategorized
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Something to believe in: Poison’s Bret Michaels returns to Calabasas

Bret Michaels and the city of Calabasas (Getty) Poison’s Bret Michaels has closed on a new home in Calabasas, a month after the singer sold his Westlake Village property. Michaels paid $4.8 million for his new half-acre property in the ...

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  • 20 Nov
  • The Real Deal
  • Uncategorized
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Facebook, Google back modular housing startup

From left: Google’s Sundar Pichai, Facebook’s Mark Holliday, and Factory_OS’s Rick Holliday and Larry Pace (Getty; Factory_OS; iStock) Tech giants Facebook and Google are pulling out their checkbooks to back a modular housing startup. ...

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  • 20 Nov
  • The Real Deal
  • Uncategorized
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LA North Studios signs big lease in Santa Clarita

Matt Khourie and David Gilbert (The Center at Needham Ranch) LA North Studios, a soundstage and studio operating firm, has signed a big lease in Santa Clarita, as the increase in original content from Netflix, Amazon and Disney has ...

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  • 20 Nov
  • The Real Deal
  • Uncategorized
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Curtains: What to do with movie theaters

For many movie theaters, Covid-19, which has kept viewers at home and new releases from the screen, feels like the final curtain. (iStock) Even before the pandemic, Ari Benmosche realized that running his movie theater in a traditional ...

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  • 20 Nov
  • The Real Deal
  • Uncategorized
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Domio not shutting down, plans “financial re-engineering”

Domio’s interim CEO Jim Mrha (Photos via Domio; iStock) Reports of Domio’s demise have been greatly exaggerated, according to the company’s interim CEO. In response to a recent report that said the short-term rental company would cease ...

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  • 19 Nov
  • The Real Deal
  • Uncategorized
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A look at the stars and czars who’ve bought at the world’s most profitable condo

This is an excerpt from The Real Deal’s November cover story: “The inside story of the world’s most profitable condo.” Read the full article here. The whale Vornado didn’t plan a 23,000-square-foot quadplex at its trophy property, but ...

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  • 19 Nov
  • The Real Deal
  • Uncategorized
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US home sales rose again as inventory hits all-time low

(iStock) The housing market continued to roar with 6.85 million homes sold last month, but the shrinking pool of available homes has driven up prices. That number represented a 4.3 percent increase compared to September’s 6.5 million ...

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  • 19 Nov
  • The Real Deal
  • Uncategorized
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San Diego REIT to pour $1.7B into life-sciences real estate

IQHQ Stephen Rosetta and the San Diego Research and Development District (IQHQ) The life sciences sector has officially become the in-thing for real estate investors. Highlighting this interest, real estate investment trust IQHQ has ...

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  • 19 Nov
  • The Real Deal
  • Uncategorized
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