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Month: January 2021

Homebuilding boom continues with 16% increase

Construction spending in November was dominated by housing again as concerns grow about “meager” nonresidential work (iStock) Homebuilding continued to boom in November, new data show, while concern is growing over the lack of ...

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  • 04 Jan
  • The Real Deal
  • Uncategorized
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Jonathan Miller: Single-family markets are facing a “chronic lack of inventory”

As 2020 came to a close, The Real Deal turned to an expert for a view of some of the nation’s biggest housing markets. Miller Samuel Real Estate Appraisers’ Jonathan Miller sat with TRD editor-in-chief Stuart Elliott to dive in to the ...

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  • 04 Jan
  • The Real Deal
  • Uncategorized
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Owlwood Estate, owned by famous and notorious, sells for $88M

Robert Shapiro, Tony Curtis and Sonny & Cher with Owlwood Estate (Getty, The Viewpoint Collection) A Holmby Hills estate that asked $180 million when Ponzi schemer Robert Shapiro owned it has sold for about half that amount. ...

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  • 04 Jan
  • The Real Deal
  • Uncategorized
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Lendlease, Aware Super plan $600M complex in West Adams

Views of 3401 South La Cienega Boulevard and Lendlease’s Arden Hearing (Photos via Google Maps; Lendlease) Construction and development giant Lendlease is paying $92 million for a West Adams development site where it plans to build a ...

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  • 04 Jan
  • The Real Deal
  • Uncategorized
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Brookfield Property Partners could go private in $6B deal

Brookfield’s Brian Kingston and Bruce Flatt (Photos via iStock; Brookfield) After nearly eight years as a publicly traded company, Brookfield Property Partners could be going private. Brookfield Asset Management, the real estate firm’s ...

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  • 04 Jan
  • The Real Deal
  • Uncategorized
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China limits property loans to curb housing bubble

(iStock) In an effort to curb a possible housing bubble, China’s central bank has issued a new mandate for lenders: Limit the number of loans you’re offering. The People’s Bank of China announced the new regulations, which will affect ...

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  • 03 Jan
  • The Real Deal
  • Uncategorized
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“Game of Thrones” star takes loss on Venice home

Emilia Clarke and the Venice home at 645 Millwood Avenue (Getty, Elliman) There was no raging inferno or even any Dothraki khals, but Emilia Clarke did not walk away from her Venice home sale unscathed. The actress, immortalized by her ...

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  • 03 Jan
  • The Real Deal
  • Uncategorized
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WNBA star Candace Parker buys $4M Los Angeles farmhouse

Candace Parker and 5351 Donna Ave in Tarzana (Photos via Getty; Realtor) Basketball superstar Candace Parker is making real estate moves: Variety reported that the Los Angeles Sparks forward has purchased a $4 million modern farmhouse ...

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  • 02 Jan
  • The Real Deal
  • Uncategorized
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Sprawling upstate NY home of Seagram’s heiress with Nxivm ties hits market

Clare Bronfman and the home at 95 West Wind Road in Delanson, N.Y. (Getty, Google Maps) A sprawling upstate New York horse farm owned by Seagram’s heiress Clare Bronfman — a former equestrian champion now in prison for her role in the ...

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  • 02 Jan
  • The Real Deal
  • Uncategorized
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