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Month: July 2021

Sovereign wealth funds are hunting for real estate

(iStock) Sovereign wealth funds and central banks are looking to capitalize on post-pandemic real estate investment opportunities, following a brief pullback last year. Nearly three quarters of industry respondents to an Invesco survey ...

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  • 18 Jul
  • The Real Deal
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Olympic deal: Scottie Pippen lists Chicago mansion on Airbnb for $92

Scottie Pippen and the Chicago property (Getty, Airbnb) The Chicago home of two-time Olympic gold medalist and Bulls’ great Scottie Pippen is hitting Airbnb to coincide with the upcoming Tokyo Olympics. Pippen’s Highland Park mansion ...

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  • 18 Jul
  • The Real Deal
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Private club goes public: Soho House IPO raises $420M

Soho House founders Nick Jones and Ron Burkle (Getty) The owner of a network of members’ clubs built on exclusivity is offering up its stock to the masses. Membership Collective Group, parent company of the Soho House chain of private ...

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  • 17 Jul
  • The Real Deal
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Stock prices of India’s top developers soar

Share prices for some companies in the index have increased between 19 and 80 percent this year alone. (iStock) Investor confidence that interest rates will remain low and demand for housing high is driving up share prices of India’s ...

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  • 17 Jul
  • The Real Deal
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Gideon and Susie Yu ask $27M for mansion in nation’s wealthiest town

59 Barry Lane (Redfin) San Francisco 49ers co-owner Gideon Yu has listed his Silicon Valley mansion for $27 million. The former tech executive and his wife Susie Yu bought the then-recently built Atherton home for $21 million in 2016, ...

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  • 17 Jul
  • The Real Deal
  • Uncategorized
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New Opendoor program gives agents big bonuses

Opendoor’s Eric Wu and Will Holmes (Twitter, LinkedIn, iStock) Agents working with Opendoor can start seeing more money in their pockets. The country’s largest iBuyer just launched a new program that offers agents additional ...

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  • 16 Jul
  • The Real Deal
  • Uncategorized
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Despite pandemic, LA County property values rise by $63B

L.A. County property assessor Jeff Prang (iStock, L.A. County Assessor) Not even a devastating global pandemic can stop Los Angeles’s soaring property values. According to a report released yesterday by the L.A. County property ...

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  • 16 Jul
  • The Real Deal
  • Uncategorized
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Helen Mirren and Taylor Hackford list storied Hollywood estate for $18.5M or $45K per month

Helen Mirren and Taylor Hackford with their Hollywood home (Getty, Redfin) Helen Mirren and Taylor Hackford are looking to sell or at least rent out their Hollywood estate. Mirren and Hackford, who live primarily in Lake Tahoe, have ...

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  • 16 Jul
  • The Real Deal
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Vacant NYC lot once used by Banksy lists for $2.5M

159 Ludlow Street (Photo by Scott Lynch/Flickr) Banksy’s impact on the art world may soon be rivaled by his impact on New York City’s real estate scene. A vacant Lower East Side lot where the artist displayed a 2013 installation ...

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  • 16 Jul
  • The Real Deal
  • Uncategorized
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Here’s what tenants pay at Stan Kroenke’s Malibu Colony Plaza

Stan Kroenke and Malibu Colony Plaza (Getty, Newmark Knight Frank) 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 provides you with all the data ...

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  • 16 Jul
  • The Real Deal
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