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Month: January 2021

Biden’s executive order fully reimburses LA for Project Roomkey

President Joe Biden and Gov. Gavin Newsom (Getty, iStock/Illustration by Alexis Manrodt for The Real Deal) Los Angeles’ Project Roomkey got a big boost when President Biden signed an executive order directing the federal government to ...

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  • 29 Jan
  • The Real Deal
  • Uncategorized
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LA County sues two restaurants for outdoor dining

Cronies Sports Grill in Agoura Hills and Tinhorn Flats Saloon & Grill in Burbank (Google Maps, iStock) Los Angeles County lifted its controversial ban on outdoor dining on Friday, but it’s still going after two restaurants that it ...

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  • 29 Jan
  • The Real Deal
  • Uncategorized
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SL Green sees improved “market vibe,” office return in “a blink of an eye”

SL Green CEO Marc Holliday with 11 Madison Avenue and 100 Park Avenue (SL Green, Google Maps/Illustration by Alexis Manrodt for The Real Deal) On Thursday’s earnings call, SL Green CEO Marc Holliday linked the company’s upcoming shift ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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These real estate stocks could be the next short squeeze

From left: 1290 Avenue of the Americas, 731 Lexington Avenue and Empire State Building (VNO, iStock, Reddit/Illustration by Alexis Manrodt for The Real Deal) The short-squeeze frenzy on Wall Street could soon rock more real estate ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Compass accuses Realogy of lying, cheating and stealing

Compass CEO Robert Reffkin and Realogy CEO Ryan Schneider (Reffkin via Getty Images;/Illustration by Kevin Rebong for The Real Deal) Eighteen months after being sued by Realogy, Compass is striking back, accusing its chief rival of ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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LA housing market’s hot Q4 caps rollercoaster year

Malibu led the way in nearly every metric, according to Douglas Elliman’s fourth quarter report. (iStock) The Los Angeles housing market stayed hot for the final three months of 2020, capping off a wild, treacherous and also prosperous ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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WeWork in talks to go public via SPAC

WeWork CEO Sandeep Mathrani (WeWork; iStock) Now We’ve seen everything. WeWork is in talks to combine with a special-purpose acquisition company to go public, according to the Wall Street Journal. The co-working giant attempted an ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Chris Martin and Dakota Johnson move into Malibu

Dakota Johnson and Chris Martin with their Malibu home (Getty, Redfin) The Malibu housing market has been a hotbed of celebrity activity lately. The likes of Matthew Perry, Gal Gadot, Avril Lavigne and others have either bought or sold ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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SoftBank to invest $100M in Miami startups

SoftBank Group COO Marcelo Claure and Mayor Francis Suarez (Getty; iStock) SoftBank Group COO Marcelo Claure is launching a $100 million initiative to fund Miami-based tech companies and those moving to the Magic City. Claure, who is ...

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  • 28 Jan
  • The Real Deal
  • Uncategorized
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Rising Realty expands into multifamily market

Christopher Rising and Sam Manoochehri (Linkedin) Office investor Rising Realty Partners is expanding into the multifamily business, as part of a larger aim to diversify its holdings. The Downtown Los Angeles-based firm hired Sam ...

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  • 27 Jan
  • The Real Deal
  • Uncategorized
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