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Month: December 2020

My precious: J.R.R. Tolkien fans and celebs unite to buy author’s Oxford home

J.R.R. Tolkien’s Oxford home where the author wrote “The Lord of the Rings” (Getty, Project North Moor, Wikimedia Commons) A Fellowship of celebrities and literary fans is hoping to preserve the Oxford country home that J.R.R. Tolkien ...

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  • 06 Dec
  • The Real Deal
  • Uncategorized
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Some retailers are now bargain-hunting for new space

Stamford Town Center (Google Maps, iStock) The pandemic has decimated much of the retail industry, but some businesses that have weathered the storm are now shopping for properties and new leases at deep discounts. Property owners have ...

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  • 06 Dec
  • The Real Deal
  • Uncategorized
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Real estate agents turn to influencers to help sell a lifestyle — and apartments

In the pandemic-stricken residential market, real estate agents are working with influencers to help expand their audiences (iStock; Instagram/huntervought; Instagram/homesteadbrooklyn) It takes a bit more work to move residential ...

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  • 05 Dec
  • The Real Deal
  • Uncategorized
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Checkout time: Hilton family lists Holmby Hills estate for $75M

Barron and Rick Hilton with the Holmby Hills estate (Photos via Wikipedia Commons/Toglenn and Hilton Hyland) The Hilton family is looking to part with a Holmby Hills estate that has been in the family for 60 years. Rick Hilton listed ...

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  • 05 Dec
  • The Real Deal
  • Uncategorized
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Extended Stay America weathering pandemic better than rivals

Extended Stay America CEO Bruce Haase (Extended Stay, HomeWell Francising) Hotel chain Extended Stay America has managed to outperform other lodging companies in what’s been an awful year for the industry. While lodging companies ...

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  • 05 Dec
  • The Real Deal
  • Uncategorized
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Ken Griffin continues buying spree with $25M Miami Beach parcel

Ken Griffin and lots on Star Island Drive (Citadel, Google Maps)   Billionaire hedge fund manager Ken Griffin has purchased another property on Star Island, likely completing his assemblage there, The Real Deal has learned. Griffin ...

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  • 04 Dec
  • The Real Deal
  • Uncategorized
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Developer admits to campaign donations scheme tied to Sea Breeze apartment project

Rendering of the Sea Breeze project and Los Angeles City Hall (Getty) A Torrance developer pleaded guilty to his role in a campaign donation scheme that sent hundreds of thousands of dollars to committees supporting eight Los Angeles ...

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  • 04 Dec
  • The Real Deal
  • Uncategorized
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Six Peak Capital affiliate plans 110-unit apartment in Westlake

Six Peak’s Director of Development Derek Sanders and the development site (Six Peak, Google Maps) A company tied to Six Peak Capital filed plans for a 110-unit apartment building in Westlake. The eight-story project would rise at ...

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  • 04 Dec
  • The Real Deal
  • Uncategorized
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Amid bleak jobs report, gains in construction and warehousing

The construction sector added 27,000 jobs in November, according to the latest Department of Labor figures. (iStock) The U.S. economy added just 245,000 jobs in November, down from an adjusted gain of 6100,000 in October, representing ...

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  • 04 Dec
  • The Real Deal
  • Uncategorized
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State’s new Covid restrictions target in-person shopping

Gov. Gavin Newsom (Getty, iStock) Gov. Gavin Newsom announced new Covid rules that would restrict in-person shopping, travel and other activities in areas where local health services are increasingly strained. The rules would take ...

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  • 04 Dec
  • The Real Deal
  • Uncategorized
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