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Month: June 2021

What tenants pay at Vornado and Trump’s 555 California Street

555 California Street with Steve Roth and Donald Trump (VNO, Getty/Patrick McMullan, Getty) The following is a preview of one of the hundreds of data sets that will be available on TRD Pro, the one-stop real estate terminal that ...

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  • 21 Jun
  • The Real Deal
  • Uncategorized
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Blackstone bids to buy office developer Soho China for $3B

Soho CEO Zhang Xin and Blackstone CEO Stephen Schwarzman (Wikimedia, Getty) Blackstone Group has made an offer to buyout Beijing-based developer Soho China Ltd. for $3.05 billion. If the deal goes through, it would be Blackstone’s ...

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  • 20 Jun
  • The Real Deal
  • Uncategorized
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Home invasion: Vrbo aims to poach listings from Airbnb as summer heats up

Photo Illustration of Airbnb CEO Brian Chesky and Vrbo CEO Jeff Hurst (Getty) Vacation rental platforms are pulling out all the stops to bring in listings — and they’re also directly going after each other’s hosts. Two of the leading ...

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  • 20 Jun
  • The Real Deal
  • Uncategorized
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Here are the countries most at risk of a housing bubble

Sweden is one of the countries most at risk (Getty) The pandemic slammed the brakes on housing markets worldwide…but only for a moment. Sales rebounded across the globe, and are now accelerating so fast that housing bubble concern is ...

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  • 19 Jun
  • The Real Deal
  • Uncategorized
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One of Robert Redford’s Utah ranches hits market

Robert Redford and the Utah ranch (Photos via Getty, UTAH REAL ESTATE / Windermere Real Estate-Utah / Jaisa Bishop) Robert Redford is selling the 30-acre Utah ranch he named after his film “The Horse Whisperer.” The actor and director ...

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  • 19 Jun
  • The Real Deal
  • Uncategorized
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San Francisco’s priciest listing is Cow Hollow spec mansion asking $46M

Developer Troon Pacific CEO Gregory Malin with the home (Compass, Troon Pacific) A spec home in San Francisco’s Cow Hollow neighborhood is on the market for $46 million, making it one of the city’s priciest listings ever. Developer ...

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  • 19 Jun
  • The Real Deal
  • Uncategorized
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A closer look at Compass’ trail of litigation over its business tactics

Defrauding agents. Illegal telemarketing. Encouraging breach of contract. Stealing trade secrets from rival firms. These are just some of the allegations leveled against Compass so far this year. The brokerage, which went public in ...

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  • 18 Jun
  • The Real Deal
  • Uncategorized
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These metro areas have the most — and fewest — million-dollar homes

Los Angeles, New York and Miami metro areas are in the top 10 of owner-occupied million dollar homes. (iStock) Where are all the million dollar homes? Spoiler alert: Wherever more people can afford them. Few homeowners live in homes ...

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  • 18 Jun
  • The Real Deal
  • Uncategorized
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ShainRealty Capital moves into Dallas with $46M purchase

ShainRealty Capital managing partners Jonathan Shainberg and Elliot Shainberg (ShainRealty Capital) Los Angeles-based investment firm ShainRealty Capital has entered the Dallas market with its purchase of a 373-unit rental complex for ...

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  • 18 Jun
  • The Real Deal
  • Uncategorized
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Cypress Equity CEO sells Brentwood mansion for $14M

Cypress Equity Investments CEO Michael Sorochinsky and the Brentwood home (Cypress Equity, Redfin) The CEO and founder of Cypress Equity Investments has sold his Brentwood home — an estate just minutes away from the real estate ...

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  • 18 Jun
  • The Real Deal
  • Uncategorized
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