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Month: December 2020

Behind the biggest real estate crowdfunding implosion

Photo illustration of Rodrigo Niño, with Shorewood’s Larry Davis, 84 Williams Street and 331 Park Avenue South (Getty, Google Maps, iStock) Johanna Trujillo invested $20,000 in what seemed like a sure thing — a piece of Manhattan real ...

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  • 31 Dec
  • The Real Deal
  • Uncategorized
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Worst of the worst: The real estate disasters of 2020

Empty offices, shut down retail stores, closing restaurants and literal fires are among the biggest real estate disasters of 2020. (Getty)   Vacant offices. Shuttered restaurants. Empty hotels. The pressure on real estate was ...

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  • 31 Dec
  • The Real Deal
  • Uncategorized
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These nine drinks will help you toast the new year

TRD’s favorites wines, spirits and non-alcoholic beverages. (Getty, Amazon, Wine.com)   Note: These items are independently selected by our team. However, TRD may receive a commission when you purchase products through affiliate links. ...

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  • 31 Dec
  • The Real Deal
  • Uncategorized
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LA’s biggest real estate stories of 2020

From left, Michael Rosenfeld and Century Plaza, Jose Huizar and City Hall, Jeff Bezos and 1801 Angelo Drive (Getty Images) “It was the best of times, it was the worst of times. It was the season of darkness, it was the spring of hope, ...

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  • 31 Dec
  • The Real Deal
  • Uncategorized
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Ivanka and Jared’s rumored Indian Creek Island purchase closes for $32M

Jared Kushner, Ivanka Trump and Julio Iglesias with the Indian Creek Island property (Getty, Lifestyle Production Group) Award-winning singer and songwriter Julio Iglesias closed on the sale of a waterfront Indian Creek lot that was ...

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  • 31 Dec
  • The Real Deal
  • Uncategorized
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Proptech’s winners and losers in 2020

Warburg Realty’s Clelia Warburg, Breather’s Brian Murphy and InstaClosing’s Peter Zinkovetsky (iStock) It’s been a year of extreme highs and extreme lows in the proptech industry. While startups offering catering to digital ...

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  • 31 Dec
  • The Real Deal
  • Uncategorized
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Simon Ziff on distress investing: “Do a lot of homework”

In the first installation of TRD Tips, Simon Ziff sat (virtually) with The Real Deal‘s editor-in-chief Stuart Elliott to give some insights on real estate investing. Ziff, whose Ackman-Ziff Real Estate Group closed more than $7 billion ...

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  • 31 Dec
  • The Real Deal
  • Uncategorized
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RentPath calls off CoStar acquisition after FTC lawsuit

RentPath CEO Marc Lefar and CoStar CEO Andy Florance (Credit: Getty Images) CoStar Group will no longer be acquiring RentPath Holdings, thanks to the FTC. RentPath announced today that it terminated its agreement with CoStar, ...

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  • 30 Dec
  • The Real Deal
  • Uncategorized
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Pending home sales decline for third straight month

U.S. pending home sales declined for the third consecutive month. (iStock)   A measure of pending home sales declined for the third consecutive month, as prices rise and inventory shrinks. The National Association of Realtors’ pending ...

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  • 30 Dec
  • The Real Deal
  • Uncategorized
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From industrial windfalls to office market freefalls: Chicago’s biggest real estate stories of 2020

203 Sheridan Road in Winnetka and 3507 West 51st Street on the Southwest Side (Redfin, 42 Floors, iStock) Let’s start with a bit of good news — given that 2020 didn’t provide Chicago’s real estate market with much of it. The industrial ...

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  • 30 Dec
  • The Real Deal
  • Uncategorized
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