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Month: February 2021

TRD Tips: How to manage when you’re a landlord late on the loan

What’s the best option for a landlord who’s fallen behind on the mortgage? “The short answer is, you go to your ATM machine, you put in your code, you get some cash, and you pay your lender. That’s always the easiest solution,” ...

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  • 08 Feb
  • The Real Deal
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Keys to car and castle: Silicon Valley Toyota dealer wants to build apartments above

The company is planning to do the same with two or three other dealerships. (Dahlin Group)   The owners of a Silicon Valley car dealership want to redevelop their property with apartments. Nothing new right? Except the Toyota ...

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  • 07 Feb
  • The Real Deal
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Mapletree Investments bets big on European office market

Chairman Edmund Cheng (Photos via Esplanade; Unsplash) Singapore-based real estate asset manager Mapletree Investments is launching a European office fund. The firm aims to raise a half billion euros, or around $606 million, for the ...

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  • 07 Feb
  • The Real Deal
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Outdoor kitchen sealed deal for Bobby Flay in Los Angeles

Bobby Flay and the home (Photos via Getty/The Society Group) Celebrity chef Bobby Flay spent the last few months looking at a Midcentury Modern–inspired home in Los Angeles, but it was missing something he dreamed of: a chef-worthy ...

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  • 07 Feb
  • The Real Deal
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Here’s a look at Rob Gronkowski’s Miami condo ahead of Super Bowl LV

Rob Gronkowski and 1100 Biscayne Boulevard (Getty; Miami Condo Investments/Photo Illustration by Kevin Rebong for The Real Deal) Tampa Bay Buccaneers tight end Rob Gronkowski will have his lofty Miami condo to go home to following ...

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  • 06 Feb
  • The Real Deal
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Tishman Speyer jumps on Austin bandwagon with $150M deal

Tishman Speyer CEO Rob Speyer and renderings of Foundry I. (Getty, Cielo)   Tishman Speyer is making a push into Austin, purchasing two office buildings in one of the Texas city’s rapidly developing neighborhoods. The New York ...

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  • 06 Feb
  • The Real Deal
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Four Seasons penthouse in Nashville asks eye-popping $25M

The penthouse will take up the entire 40th floor. (Four Seasons)   A penthouse at a Four Seasons in Nashville is hitting the market for $25 million, by far the priciest condo listing in the Tennessee capital. The highest-end condo ...

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  • 06 Feb
  • The Real Deal
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Oman targets real estate investments, tourism development in bid to diversify

Omran Chairman Eng. Mohammed Salim Al Busaidi and Muscat, Oman (iStock) Oman’s sovereign wealth fund is shifting its tourism and real estate investments as part of a long-running effort to diversify the Persian Gulf country’s economy. ...

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  • 06 Feb
  • The Real Deal
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Essex Property Trust earnings rise in Q4, but concessions drive revenue down

President and CEO of Essex Property Trust Michael J. Schall. (Essex)   California-based REIT Essex Property Trust reported an improvement in funds from operation in the fourth quarter of 2020, but the firm still saw big losses, largely ...

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  • 05 Feb
  • The Real Deal
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Jill Wittnebel will co-lead Gensler’s 500-person LA office

Jill Wittnebel now co-leads the office as managing director. (Gensler)   San Francisco-based design giant Gensler has new leadership in its 500-person Los Angeles office. The firm announced this week that it promoted Jill Wittnebel to ...

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  • 05 Feb
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