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Month: August 2021

Play some real estate ‘Jeopardy!’ with TRD’s weekend edition

No one can hold a candle to the beloved Alex Trebek — it’d be foolish to even try. Still, as “Jeopardy!” has been having some issues auditioning replacement hosts, we thought we’d try our hand in the real estate category with some ...

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  • 27 Aug
  • The Real Deal
  • Uncategorized
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“Hardest project in my career to capitalize”: Diversity fund proves tough test for Peebles

Don Peebles (WikiMedia / Photographer Polo Sivori More than two years after Don Peebles launched a $500 million fund to support minority and women developers, he has had little success so far garnering support from investors. The ...

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  • 27 Aug
  • The Real Deal
  • Uncategorized
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KKR plans $3B triple-net-lease portfolio

KKR Co-Chair Henry Kravis (Wikipedia) Global investment firm KKR is diving deeper into real estate, launching a platform designed for triple-net lease investments. The company announced the formation of Strategic Lease Partners this ...

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  • 27 Aug
  • The Real Deal
  • Uncategorized
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IRS probes promoters of tax-deductible property easements

The agency is challenging $21 billion in deductions over a three-year period (Getty) The IRS is hot on the tail of promoters of tax-deductible easements who are allegedly inflating values to increase those deductions. The agency is ...

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  • 27 Aug
  • The Real Deal
  • Uncategorized
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Oscar-winner Kathryn Bigelow cuts asking again on Beverly Hills home

Filmmaker Kathryn Bigelow and the modern Coldwater Canyon home (Compass, Getty) Oscar-winning filmmaker Kathryn Bigelow is dropping the asking price again on her 6,300-square-foot home in Beverly Hills. The director of “Hurt Locker” is ...

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  • 27 Aug
  • The Real Deal
  • Uncategorized
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WeWork awarded $10M federal contract to provide office space to gov’t workers

WeWork CEO Sandeep Mathrani, GSA Administrator Robin Carnahan (Wikipedia, GSA, iStock) WeWork’s newest tenant is the country’s largest office space occupant: the federal government. The U.S. General Services Administration awarded the ...

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  • 27 Aug
  • The Real Deal
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LA’s rental assistance program relaunches as eviction moratorium ends

As of early August, the state had distributed around $243 million in rental assistance (Getty) Los Angeles will again be accepting applications for the state’s massive rental assistance program. Renters and landlords in the city can ...

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  • 27 Aug
  • The Real Deal
  • Uncategorized
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The rent is finally due: Supreme Court ends moratorium

Justice Brett Kavanaugh (Getty, iStock) The Supreme Court dropped the hammer on nonpaying tenants Thursday, ruling President Joe Biden’s latest eviction ban unconstitutional. The decision frees landlords to move forward with eviction ...

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  • 26 Aug
  • The Real Deal
  • Uncategorized
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Compass west region president Kamini Lane exits

Kamini Lane (Getty) Kamini Lane has left her position as president of Compass’ west region, exiting the brokerage from one of its top executive roles, The Real Deal has learned. “Compass and Kamini Lane have mutually agreed to part ...

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  • 26 Aug
  • The Real Deal
  • Uncategorized
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California public land now battleground in fight over affordable housing

The Oakland Coliseum redevelopment plan (MLB) Public land across California is becoming a battleground between state and local authorities over affordable housing. California won enforcement rights in 2019 for a 52-year-old law that ...

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  • 26 Aug
  • The Real Deal
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