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Month: December 2020

Bid on a chance to blow up Trump’s Atlantic City casino

Trump’s Atlantic City Casio throughout the years (Getty) For the right price, you can literally blow up one of President Donald Trump’s former casinos. Atlantic City is set to demolish the dilapidated former Trump Plaza Hotel & ...

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  • 20 Dec
  • The Real Deal
  • Uncategorized
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It’s Christmas every day at this New Jersey home

The 5,400-square-foot McMansion in Colts Neck, New Jersey (Photos via Robert DeFalco Realty) Ho, ho, ho … ly crap, that’s a lot of Christmas decorations. A 5,400-square-foot McMansion that’s currently listed for $2.19 million in Colts ...

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  • 20 Dec
  • The Real Deal
  • Uncategorized
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“Anything is believable”: Artist fools brokers to access city’s priciest condos

111 W 57th, Central Park Tower, and 432 Park (JDS Development, Central Park Tower, 432 Park)   Ever wonder what the views are like from New York’s most expensive condominium towers? Hungarian artist Andi Schmied devised an elaborate ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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“Bullish on Japanese offices,” Sun Life plans $10B investment

BentallGreenOak CEO Sonny Kalsi (Getty)   Canadian insurance giant Sun Life Financial says it will invest billions of dollars into the Japanese office market, betting on a post-pandemic rebound. The firm’s real estate arm plans to ...

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  • 19 Dec
  • The Real Deal
  • Uncategorized
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Global CFOs have a message for real estate investors: We’re cutting space

CFOs worldwide are sounding the alarm about excess office space. (iStock) The Covid-19 vaccine is being distributed across the country, but it may already be too late for commercial real estate landlords and investors. Companies around ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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“Shark Tank” investor looks to flip Hidden Hills mansion

Robert Herjavec and 24400 Little Valley Rd (Getty, Redfin) Robert Herjavec, a longtime investor on the reality show “Shark Tank,” is hunting for a deal in Los Angeles. The Canadian businessman and television personality listed his ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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Rockwood Capital, Lincoln Property sell DTLA office tower for $196M

Rockwood Capital’s Walter P. Schmidt, LPC West’s David Binswanger, and Deka Immobilien’s Ulrich Bäcker. (915 Wilshire, Rockwood, LPC, Deka)   Rockwood Capital and Lincoln Property Company sold a Downtown Los Angeles tower for $196 ...

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  • 18 Dec
  • The Real Deal
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LA County appeals judge’s decision limiting ban on outdoor dining

(Getty, iStock) Los Angeles County wants to renew its ban on outdoor dining, but a judge ruled last week it needed to provide more data on the subject. Now, the county is appealing that decision, according to the Los Angeles Times. ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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Keller Williams drops mobile application Smarter Agent

Keller Williams president Josh Team (Photos via iStock; Keller Williams) Keller Williams is shutting down its popular mobile real estate search app. The Smarter Agent platform will continue to provide services to clients until the ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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An inhospitable market? LA’s biggest hotel sales plunge in 2020

The Georgian at 1415 Ocean Avenue and The Viceroy at 9291 Burton Way (Google Maps) This was a bad year to sell a hotel. Only two of the five biggest Los Angeles County hotel sales in 2020 would have made the cut for last year’s top ...

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  • 18 Dec
  • The Real Deal
  • Uncategorized
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