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Month: October 2021

LA City Council eyes Venice, Hollywood homeless with $56M

Renderings of the Thatcher Yard project (Thatcher Yard, Yo! Venice, iStock) The Los Angeles City Council approved $56 million in funding for permanent supportive housing projects in Hollywood and Venice –– home to the famous boardwalk ...

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  • 25 Oct
  • The Real Deal
  • Uncategorized
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Latest YouTube sensation: Foreclosure on influencers’ Woodland Hills mansion

YouTubers Austin and Catherine McBroom of The ACE Family with their house (Getty, YouTube via The ACE Family) A lender has foreclosed on the massive Woodland Hills home of YouTubers Austin and Catherine McBroom. Rumors have swirled for ...

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  • 25 Oct
  • The Real Deal
  • Uncategorized
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Shaken, not stirred: Inside Millennium’s battles at Hollywood Center

Millennium Partners’ Philip Aarons and a rendering of the Hollywood Center project (Getty, Rendering via Handel Architects) For a message that warned of potential catastrophe, the tone was unfailingly polite. “Dear Ms. Nguyen,” wrote ...

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  • 25 Oct
  • The Real Deal
  • Uncategorized
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Downtown LA busiest in nation for new apartments

Construction in Downtown Los Angeles (Getty) A recent report offers a new perspective on the pace of gentrification in Downtown Los Angeles, finding more than 10,000 apartments have been built in the area since 2017, tops for any ...

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  • 25 Oct
  • The Real Deal
  • Uncategorized
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John Catsimatidis breaks ground on 46-story condo project in St. Pete

A rendering of The Residences at 400 Central and John Catsimatidis (Catsimatidis via Getty) Billionaire John Catsimatidis broke ground on the tallest tower on Florida’s Gulf Coast this week. The 46-story condominium tower in St. ...

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  • 24 Oct
  • The Real Deal
  • Uncategorized
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Saudi Arabia’s newest attraction: roller coasters on an oil rig

Located in the Arabian Gulf, “THE RIG” will be the world’s first tourism destination inspired by offshore oil platforms. (Saudi Arabia’s Public Investment Fund) Oil-dependent Saudi Arabia is taking literally the concept of economic ...

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  • 24 Oct
  • The Real Deal
  • Uncategorized
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Australian town is inundated with inquiries after offering free land to new residents

An aerial of Quilpie (Google Maps) A small town in the Australian Outback offered free land to draw in new residents. It worked almost too well. Officials in the rural town of Quilpie, Queensland have been overwhelmed by more than 250 ...

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  • 24 Oct
  • The Real Deal
  • Uncategorized
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An 80,000-acre ranch in the Texas Panhandle lists for $200M

A collection of images from the Turkey Track Ranch listing (Icon Global) An 80,000-acre ranch in the Texas Panhandle is hitting the market for the first time in 120 years with an asking price of $200 million. Turkey Track Ranch is a ...

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  • 23 Oct
  • The Real Deal
  • Uncategorized
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New home prices in China’s largest cities fall for first time since 2015

(iStock) Prices for new homes in China’s largest cities fell month-over-month in September for the first time since 2015. Prices declined in half of 70 cities surveyed by the National Bureau of Statistics, according to the Financial ...

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  • 23 Oct
  • The Real Deal
  • Uncategorized
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MLB teams agree to pay for some minor leaguers’ housing

(iStock, Wikipedia) Major League Baseball teams next season will begin putting up some of their minor leaguers. MLB said in a statement this week that team owners “agreed to begin providing housing to certain minor league players,” ...

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  • 23 Oct
  • The Real Deal
  • Uncategorized
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