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Month: April 2021

Onni Group’s Arts District tower project clears key hurdle

Rendering of Onni Group’s Arts District project Onni Group’s 347-unit mixed-use tower project in the Arts District has cleared a hurdle in its path to a final approval. The Los Angeles City Planning Commission denied an appeal ...

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  • 12 Apr
  • The Real Deal
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Agents named in discrimination exposé face discipline from NY state

The state has opened 52 more investigations into potential fair-housing law violations tied to the Newsday report (iStock) A blockbuster investigation into housing discrimination on Long Island has led to disciplinary action for more ...

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  • 12 Apr
  • The Real Deal
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Villa Firenze sold at auction for $114M below original asking price

Steven Udvar-Hazy and Villa Firenze (Getty, Hilton & Hyland) Yes, the Villa Firenze estate sold for a record amount at auction when the gavel banged down on the deal in February. But the sprawling Beverly Park estate’s $51 million ...

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  • 12 Apr
  • The Real Deal
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Ryan Serhant rents Lower Manhattan penthouse for $15K

Celebrity broker Ryan Serhant is listing his Hudson Square penthouse. (Serhant) Ryan Serhant has been busy of late, launching and staffing his own brokerage and opening a Soho HQ for it. Now, he’s making another big move — this time, ...

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  • 11 Apr
  • The Real Deal
  • Uncategorized
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In pandemic-battered Brazil, 3G Capital founders hunt for real estate deals

Sao Carlos CFO Fabio Itikawa. (Getty, YouTube via Levante Investimentos) Firms linked to the billionaire founders of 3G Capital are on the hunt for real estate deals in pandemic-battered Brazil. The companies — tied to Jorge Paulo ...

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  • 11 Apr
  • The Real Deal
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Over 340M sf of industrial space set for delivery in 2021

Tesla’s Gigafactory (Tesla) Everything is bigger in Texas so it’s no surprise the Dallas area is leading the way in industrial construction. About 28 million square feet of warehouses and distribution centers across 81 projects in ...

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  • 11 Apr
  • The Real Deal
  • Uncategorized
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JLL explores sale of China property management wing

JLL CEO Christian Ulbrich. (Getty) JLL is considering offloading one of its global businesses. The Chicago-based firm is exploring a sale of its China property management business, which is estimated to be worth at least $500 million, ...

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  • 10 Apr
  • The Real Deal
  • Uncategorized
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Demand for rentals rises in UK’s largest cities in Q1

Birmingham and Bournemouth both saw a giant increase in demand. (Getty) Demand is rising for apartments in the United Kingdom’s largest cities following a slow fourth quarter that capped off a coronavirus-weakened year for the rental ...

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  • 10 Apr
  • The Real Deal
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VP Harris lists DC condo, with official residence now ready

Vice President Kamala Harris (Getty, Realtor.com) Vice President Kamala Harris has listed her Washington, D.C., condo for $2 million, coinciding with the news that upgrades have been completed at her official residence. Harris put her ...

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  • 10 Apr
  • The Real Deal
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Arkansas’ priciest home lists near Fayetteville football stadium

This Arkansas compound sits directly across from the University of Arkansas football stadium. (Getty, Realtor.com) Football fanatics — specifically, those who are dedicated to the University of Arkansas Razorbacks (go Hogs!) — may want ...

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  • 10 Apr
  • The Real Deal
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