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Month: March 2021

TRD’s March issue is live for subscribers!

The Real Deal’s March issue is live for digital subscribers and soon to hit doorsteps across the country. The real estate industry has spent a year adapting to the “new normal,” looking for silver linings and glimmers of hope. Now, ...

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  • 18 Mar
  • The Real Deal
  • Uncategorized
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Hulu unveils trailer for new WeWork documentary

(Getty, iStock, YouTube/Illustration by Alexis Manrodt for The Real Deal) “When you tell a 30-something male he’s Jesus Christ, he’s inclined to believe you.” That’s a line from the trailer for Hulu’s new crime-thrilleresque ...

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  • 17 Mar
  • The Real Deal
  • Uncategorized
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Doja Cat buys in Beverly Hills Post Office

Doja Cat and the Beverly Hills Post Office home (Getty, The Agency) Grammy-nominated musician Doja Cat is moving into Beverly Hills Post Office, joining another recent arrival in the neighborhood, multiple Grammy-winning singer ...

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  • 17 Mar
  • The Real Deal
  • Uncategorized
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CalSTRS venture will invest $1B in build-to-rent homes

CalSTRS CEO Jack Ehnes and PCCP partner Jim Galovan (Photos via iStock, CalSTRS, PCCP) The nation’s second largest public pension fund and an investment firm are placing a big bet on build-to-rent housing. California State Teachers’ ...

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  • 17 Mar
  • The Real Deal
  • Uncategorized
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LA OKs another $86M in supportive housing projects

One of the projects, 6th Street Place (TCA Architects, iStock) Los Angeles has approved $86 million in bond financing for three permanent supportive housing developments. The City Council move on Tuesday came two weeks after it okayed ...

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  • 17 Mar
  • The Real Deal
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Refinance applications hit 7-month low

(Pexels) Mortgage applications to buy homes continued to rise last week, as refinance applications hit the lowest level in seven months. An index tracking applications to purchase homes increased 2 percent week over week, seasonally ...

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  • 17 Mar
  • The Real Deal
  • Uncategorized
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Retail spending falls in February, but here come stimulus checks

(iStock/Illustration by Alexis Manrodt for The Real Deal) Retail sales in February dropped 3 percent from January, a sharper decline than expected, but reflecting the timing of stimulus payments. Sales in January had surged 7.3 percent ...

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  • 17 Mar
  • The Real Deal
  • Uncategorized
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Homebuilder sentiment falls as lumber costs soar

(iStock) The arrival of spring — and with it, homebuying season — isn’t improving the outlook of homebuilders. The National Association of Home Builders/Wells Fargo Housing Market Index dropped to 82, seasonally adjusted, compared to ...

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  • 16 Mar
  • The Real Deal
  • Uncategorized
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Former Goldman exec behind Epstein townhouse buy: report

Jeffrey Epstein and Michael Daffey with 9 East 71st Street (Getty) A former Goldman Sachs executive is behind one of the biggest — and most notorious — residential sales this year. Michael Daffey, who managed some of the investment ...

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  • 16 Mar
  • The Real Deal
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French architects Lacaton and Vassal take Pritzker Prize

Anne Lacaton and Jean-Philippe Vassal and École Nationale Supérieure d’Architecture de Nantes. (photos courtesy of Laurent Chalet and Philippe Ruault) The winners of this year’s Pritzker Prize for architecture are not starchitects ...

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  • 16 Mar
  • The Real Deal
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