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Month: March 2021

Tom Cruise looks to sell sprawling Telluride compound for $40M

Tom Cruise and his four bedroom property. (Getty, LIV Sotheby’s Realty) Tom Cruise’s latest impossible mission? Selling his $39.5 million Telluride, Colorado estate. The actor has listed his 320-acre ranch in the Rocky Mountain town, ...

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  • 14 Mar
  • The Real Deal
  • Uncategorized
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Singapore’s subsidized housing market heats up

Last month, 23 government-subsidized units sold for at least $1 million Singapore, or about $743,000 (iStock) Public housing in Singapore is selling quickly and at high prices, an indication that the country’s already high-priced real ...

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  • 14 Mar
  • The Real Deal
  • Uncategorized
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Tokyo Olympic village condo buyers want discount for move-in delays

Harumi Flag development renderings and Mitsui Fudosan CEO Masanobu Komoda. (Harumi Flag, Getty) Some of the condominium buyers in Tokyo’s Olympic village are seeking compensation for delays to their move-ins. Occupancy at the ...

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  • 13 Mar
  • The Real Deal
  • Uncategorized
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Data centers poised for record year of leasing

A 351,000 square-foot data center in Ohio. (H5 Data Centers) Data centers appear poised for record growth this year. A recent CBRE report found that demand is strong, and preleasing suggests 2021 a sustained surge, CNBC reported. Data ...

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  • 13 Mar
  • The Real Deal
  • Uncategorized
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Investors bet big on comeback for UK pubs

Redcat Pub Co. founder Rooney Anand. (Morrisons Corporate, Getty) It’s been a tough year for pubs in the United Kingdom, but some investors are more than optimistic that those beloved institutions will bounce back. Los Angeles real ...

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  • 13 Mar
  • The Real Deal
  • Uncategorized
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Cushman launches $250M SPAC

Cushman & Wakefield CIO Nathaniel Robinson and CEO Brett White (iStock) Yet another major real estate firm is jumping on the blank-check bandwagon. Cushman & Wakefield has formed a special-purpose acquisition company, ...

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  • 12 Mar
  • The Real Deal
  • Uncategorized
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Adam Levine moves like Jagger from Beverly Hills to Montecito

Adam Levine, Behati Prinsloo and their new none bedroom Montecito Estate. (Getty, Redfin) Maroon 5 frontman Adam Levine and his wife, Behati Prinsloo, are the latest celebrities to buy in ultra-exclusive Montecito. The couple paid ...

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  • 12 Mar
  • The Real Deal
  • Uncategorized
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Another round: California eyes reopening breweries, wineries

California will soon allow breweries, wineries and distilleries to reopen to outdoor business, with Covid restrictions still in place. (Getty) California will allow breweries, wineries and distilleries to resume outdoor business as ...

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  • 12 Mar
  • The Real Deal
  • Uncategorized
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Electronics giant Belkin inks deal for new HQ

A rendering of 555 Aviation Boulevard with Belkin executive chairman Chet Pipkin and Tishman Speyer CEO Rob Speyer (Lake Tahoe Community College, 555 Aviation and Getty) Consumer electronics giant Belkin International inked a lease ...

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  • 12 Mar
  • The Real Deal
  • Uncategorized
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Target moves to hybrid work-from-home model for corporate office

Target CEO Brian Cornell (Getty, iStock) Target is making moves to take its corporate workforce remote after a banner year in sales. The company will cease operations at the City Center building in downtown Minneapolis and will find ...

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  • 12 Mar
  • The Real Deal
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