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Month: January 2021

Vacasa hires new CFO to lead “next stage of growth”

Jamie Cohen and Vacasa CEO Matt Roberts (Photos via Vacasa; Bussiness Wire) Vacation rental startup Vacasa has hired a new CFO with IPO experience, as the company lays the groundwork for a post-Covid recovery. The company said Tuesday ...

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  • 12 Jan
  • The Real Deal
  • Uncategorized
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Compass files confidentially for IPO

Robert Reffkin (Getty, iStock) Compass has filed confidentially to go public. The residential brokerage, which has raised $1.5 billion from investors including SoftBank, said it submitted a draft registration statement with the U.S. ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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National Association of Realtors among biggest donors to “sedition caucus”

From left: Sen. Roger Marshall, Sen. Josh Hawley, Sen. John Kennedy, Sen. Ted Cruz and Senator Cindy Hyde-Smith (Getty, iStock) Big banks and major corporations are rethinking their political donations in the wake of last week’s ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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Director, facing sex assault allegations, sells Malibu home for $14M

Embattled director faces sexual assault allegations. (Getty, Compass)   Director Bryan Singer, who is facing numerous sexual assault accusations, sold his home on Malibu’s Point Dume for $13.8 million. Singer bought the home at 7221 ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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David Cassidy’s former Fort Lauderdale home sells

David Cassidy and 1600 South Ocean Drive in Fort Lauderdale (Getty) A Los Angeles real estate investor who once hung David Cassidy’s poster on her bedroom wall acquired the late actor’s Fort Lauderdale home. Cassidy, who rose to fame ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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Sprawling Bank of America office complex sold in Simi Valley

Griffin Capital CEO Michael Escalante and the property at 350 America Street (Photos via Griffin; Google Maps) A Griffin Capital real estate investment trust affiliate sold a sprawling Simi Valley office property for $30 million. The ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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Newsom proposes another $750M to buy motels for homeless

Gov. Gavin Newsom (Getty, iStock) Gov. Gavin Newsom wants to invest another three quarters of a billion dollars to continue a statewide program to buy hotels and apartment buildings to house the homeless. Newsom’s proposed budget ...

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  • 11 Jan
  • The Real Deal
  • Uncategorized
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“Fortnite” game developer will convert mall into massive HQ

Cary Towne Center in North Carolina and Epic Games CEO Tim Sweeney (Google Maps; Getty) Epic Games, best known for developing the hit game “Fortnite,” is buying a mall in North Carolina with plans to convert it into a new headquarters. ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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Tom Ford sells Tadao Ando-designed estate in New Mexico

Tom Ford’s Cerro Pelon Ranch. (Getty, Kevin Bobolsky Group)   Fashion designer Tom Ford has reportedly found a buyer for the striking New Mexico ranch that he bought two decades ago. Ford previously listed the estate, known as Cerro ...

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  • 10 Jan
  • The Real Deal
  • Uncategorized
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Windsurfing legend lists expansive Hawaii estate for $18M

Robby Naish and his coastline Hawaii estate. (Getty, Hawaii Life)   Windsurfing legend Robby Naish has listed his huge Hawaii compound for $18 million. The 73-acre property sits on the north shore of Maui and spans a half mile of ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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