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Month: April 2021

Bryan Cranston sells “net zero” beach house above asking price

Bryan Cranston and his California beach house (Getty, Realtor) It didn’t take long for Bryan Cranston to sell his eco-friendly Ventura County beach house. The “Breaking Bad” star and his wife Robin Dearden sold the custom-built, ...

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  • 08 Apr
  • The Real Deal
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Big on Bitcoin: Caruso now largest real estate firm to accept rent in cryptocurrency

Rick Caruso (Getty, iStock) Rick Caruso’s eponymous real estate firm is embracing cryptocurrency. The Fairfax-based investment company will begin accepting rent payments in Bitcoin across its retail and commercial properties, according ...

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  • 08 Apr
  • The Real Deal
  • Uncategorized
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Sonder considers going public via SPAC

Gores Group’s Alec Gores and Dean Metropoulos with Sonder CEO Francis Davidson (Getty, Linkedin) Add hospitality startup Sonder to the list of companies getting in the SPAC game. The San Francisco-based firm, which leases apartments ...

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  • 08 Apr
  • The Real Deal
  • Uncategorized
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Manhattan office market’s 25% drop is ominous sign for landlords

About 17.3 percent of Manhattan office space is available for lease, the most in decades. (iStock) With offices shrinking in a post-Covid world, the world will never be the same for some landlords. The market value of office towers in ...

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  • 08 Apr
  • The Real Deal
  • Uncategorized
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DJ Khaled sells Mulholland Estates mansion off-market for $12.5M

DJ Khaled’s seven-bedroom Beverly Hills manse sold for over $12 million. (Getty) DJ Khaled is walking away from his Mulholland Estates mansion with an extra few million dollars in his pocket. The music producer, real name Khaled ...

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  • 07 Apr
  • The Real Deal
  • Uncategorized
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LA explores more restrictions on large wood-frame projects

Opponents say the restriction will cause an increase in construction costs. (Getty) Los Angeles could expand restrictions on large wood-frame building projects as part of ongoing fire safety measures in some of the city’s more ...

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  • 07 Apr
  • The Real Deal
  • Uncategorized
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Opportunity Zone investors pour in ahead of key deadlines

Opportunity Zone funds have seen a boost in recent months, including several in South Florida. From left: Ronald Fieldstone, Scott Meyer, Carlos Rodriguez Jr., Logan Gans, Stevan Pardo, Jaime Sturgis (Twitter, iStock/Illustration by ...

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  • 07 Apr
  • The Real Deal
  • Uncategorized
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SoCal siblings charged in $6M fake home listings scam

(iStock) A Southern California brother and sister were charged with running a $6 million scam in which they marketed homes that weren’t for sale, then collected multiple down payments on the same properties. Victims in some cases were ...

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  • 07 Apr
  • The Real Deal
  • Uncategorized
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Frenzy ending? Mortgage requests fall 5%

An index tracking applications for mortgages to purchase homes decreased 5 percent. (iStock) Spring is usually when the housing market heats up. But after months of frenzied buying comes a sign that it might finally be slowing down. An ...

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  • 07 Apr
  • The Real Deal
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March madness: Homes sold faster than ever last month

(iStock/Illustration by Kevin Rebong for The Real Deal) The housing market is setting all kinds of records. Fifty-nine percent of homes that went into contract in the four weeks ending March 28 had spent less than a fortnight on the ...

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  • 07 Apr
  • The Real Deal
  • Uncategorized
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