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Month: March 2021

Developers tout 3D-printed houses in Coachella Valley as “zero net energy”

Palari Group CEO Basil Starr and Mighty Buildings CEO Slava Solonitsyn with renderings of the project (Palari) Developers are building what they call “the world’s first community of 3D-printed zero net energy homes” in Rancho Mirage. ...

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  • 19 Mar
  • The Real Deal
  • Uncategorized
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Rudolph Valentino’s former Beverly Hills estate sells for $15M

Rudolph Valentino and his former estate, Falcon Lair (Getty, Hilton & Hyland) A four-acre Beverly Hills estate that once belonged to the golden boy of Hollywood’s early Golden Age is ready for its megamansion. Falcon Lair, the ...

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  • 19 Mar
  • The Real Deal
  • Uncategorized
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Investors pile into house-flipping

(iStock/Illustration by Kevin Rebong for The Real Deal) The number of investors backing house-flippers jumped 50 percent in two months, as low interest rates continue to drive the hunt for higher profits. Research firm Attom Data ...

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  • 19 Mar
  • The Real Deal
  • Uncategorized
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Newmark’s acquisition of Knotel is approved

Knotel CEO Amol Sarva and Newmark CEO Barry Gosin (Sarva via Sasha Maslov; Gosin via Newmark) A bankruptcy court has approved the sale of flex-office provider Knotel to brokerage Newmark. Newmark officials said they expected the deal ...

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  • 19 Mar
  • The Real Deal
  • Uncategorized
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Editor’s note: The boom ahead

Stuart Elliott Gone is the bombast of the Trump years, with its tweetstorms and incendiary press conferences. While this new era is quieter when it comes to rhetoric, it is just as tumultuous, and the changes we are seeing are perhaps ...

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  • 18 Mar
  • The Real Deal
  • Uncategorized
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California’s $2B rent relief program gets flood of applications

California’s rent relief program received thousands of applications on the day the system went live. (Getty) One day after California’s federally-funded rent and utility assistance program opened applications, the system had received ...

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  • 18 Mar
  • The Real Deal
  • Uncategorized
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Ariana Grande buys 3rd LA-area property in a year

Ariana Grande and her Bird Streets property (Getty, Realtor) Ariana Grande has added a third property to her growing Los Angeles real estate portfolio. The pop star just bought a teardown in the Bird Streets for $8.9 million in an ...

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  • 18 Mar
  • The Real Deal
  • Uncategorized
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LA explores ways to keep affordable rentals affordable

City Councilman Gil Cedillo and Hillside Villa (Getty, Google Maps) Los Angeles is exploring a sweeping rent freeze on apartments whose affordability covenants with the city have expired or are set to run out. A motion by the City ...

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  • 18 Mar
  • The Real Deal
  • Uncategorized
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Et tu, Ford? Automaker lets 30K workers stay home post-pandemic

The “flexible hybrid model” is set to debut in July in North America (iStock) Ford Motor Co. will let some of its employees park it at home post-pandemic. The automaker revealed its “flexible hybrid model” Wednesday. It is allowing ...

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  • 18 Mar
  • The Real Deal
  • Uncategorized
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Data center demand — and rent — surge in secondary markets

Secondary market Seattle is facing major growth. (Getty) As new technologies, streaming and remote work drive demand for data centers across the country, smaller markets with relatively limited supply are attracting more attention. ...

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  • 18 Mar
  • The Real Deal
  • Uncategorized
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  • Recent Posts

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