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Month: March 2021

CoStar retreats from failed CoreLogic bid

CoStar CEO Andy Florance CoStar’s fight for CoreLogic has ended in defeat. The bruised data giant, which spent the last few weeks trying to outbid Stone Point Capital and Insight Partners in a bid for CoreLogic, withdrew its $7.35 ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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Ascena restructuring approved post-bankruptcy

Ascena owns Ann Taylor, Lane Bryant, Lou & Grey and Cacique. (Getty) A bankruptcy court has approved Ascena Retail Group’s Chapter 11 plans. Under the plans, Ascena — which owns Ann Taylor, Lane Bryant, Loft and Lou & Grey — ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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Duke Realty makes industrial buy in City of industry

Senior Vice President of Duke Realty, Nancy Shultz. (Google Maps, Duke Realty) Demand for industrial properties remains strong, and in the latest deal Duke Realty paid $51.3 million for a warehouse in the City of Industry. The ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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Trump lists beachfront mansion next to Mar-a-Lago for $49M

Donald Trump with sons Don Jr. and Eric and 1125 South Ocean Boulevard (Getty, Google Maps/Illustration by Alexis Manrodt for The Real Deal) Former President Donald Trump is looking to sell a beachfront mansion across the street from ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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$275M approved for LA affordable housing projects

Renderings of the Little Tokyo Service Center (KoningEizenberg) The Los Angeles City Council approved $275 million in bond funding for eight affordable housing developments across the city. Taken together, the developments will total ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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For multifamily, office landlords, worst is yet to come: Moody’s

(iStock/Illustration by Kevin Rebong for The Real Deal) For landlords across different commercial real estate sectors, Moody’s Analytics has some potentially distressing news: The worst may be yet to come. A new report by the economic ...

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  • 04 Mar
  • The Real Deal
  • Uncategorized
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Jeffrey Epstein’s Manhattan townhouse in contract for around $50M

9 East 71st Street and Jeffrey Epstein (Photos via Getty; Wikipedia Commons) The Upper East Side townhouse once owned by late financier and convicted sex offender Jeffrey Epstein has found a buyer. The home at 9 East 71st Street is in ...

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  • 03 Mar
  • The Real Deal
  • Uncategorized
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With $3B IPO, title insurance startup Doma targets new business lines

Doma CEO Max Simkoff (Doma, iStock/Illustration by Alexis Manrodt for The Real Deal) By going public in a $3 billion SPAC deal, title insurance startup Doma plans to pursue home appraisals, warranties and other adjacent business lines, ...

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  • 03 Mar
  • The Real Deal
  • Uncategorized
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Lincoln Property and Clarion plan major office redevelopment

Clarion Partners CEO David Gilbert and Lincoln Property Co.’s David Binswanger with a rendering of the project (Gensler via Urbanize) Lincoln Property Company and Clarion Partners want to more than triple the office space at their ...

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  • 03 Mar
  • The Real Deal
  • Uncategorized
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JLL gets in rental home business

JLL CEO of capital markets Richard Bloxam and Roofstock CEO Gary Beasley (JLL, Roofstock, iStock) JLL is entering the single-family rental game. The commercial real estate giant is set to become a minority investor in Roofstock, an ...

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  • 03 Mar
  • The Real Deal
  • Uncategorized
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