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Month: November 2021

Malibu firm picks up mobile home parks near Coral Gables for $50M

From top: Silver Court mobile home park at 3170 Southwest Eighth Street, Sunnyside/West Haven mobile home park at 6020 Southwest Eighth Street (Marquis Property Company) A Malibu-based real estate firm paid $50 million to acquire two ...

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  • 29 Nov
  • The Real Deal
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Nonprofit plans 6-story homeless-affordable complex in Koreatown

701-710 S New Hampshire Ave and Bridge Housing principal Ken Lombard (Google Maps, Bridge Housing) A major nonprofit developer intends to build a six-story, 95-unit homeless and affordable housing development in Koreatown. San ...

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  • 29 Nov
  • The Real Deal
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City crafts economic development zones in South LA, North Hollywood

Plans for the new economic development zones in North Hollywood and South L.A. (Urban Land Institute of Los Angeles, iStock) The Los Angeles City Council officially established two first-of-their-kind economic development zones in ...

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  • 29 Nov
  • The Real Deal
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California falling short in creating affordable housing, new ‘report card’ shows

Housing construction in the Bay area (iStock) California cities and counties didn’t permit nearly enough housing last year to keep pace with the state’s production goals, and much of what they approved wasn’t affordable to most ...

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  • 29 Nov
  • The Real Deal
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High-end assisted living facilities popping up around the country

The Watermark at Brooklyn Heights (Watermark at Brooklyn Heights) Most people like to vacation in places that feature indoor pools, spa facilities and restaurants that provide a choice of gourmet meals every night. And others like to ...

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  • 28 Nov
  • The Real Deal
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Making money moves: Cardi B buying up real estate

Cardi B and her property in the Dominican Republic (Getty, Airbnb, Celebrity Brokers Antonio Khoury and Brandi Hunter) When rapper Cardi B isn’t busy busting up the Billboard Hot 100 chart, she’s putting together a real estate ...

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  • 28 Nov
  • The Real Deal
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Hochul promises Second Avenue Subway work to advance in 2022

New York Governor Kathy Hochul touring construction in the subway (Getty) Gov. Kathy Hochul is looking to get the Second Ave. Subway project back on track. Hochul said on Nov. 23 that work on the project’s next phrase is “ready to go,” ...

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  • 28 Nov
  • The Real Deal
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Get your Gucci on: Mansion featured in Lady Gaga movie available on Airbnb

The mansion used as a setting in the film “House of Gucci.” (Airbnb) Now you, too, can rent the House of Gucci — before it’s available on-demand. The Italian mansion pranced around in by the likes of Lada Gaga, Adam Driver, Salma Hayek ...

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  • 28 Nov
  • The Real Deal
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Former Apollo CEO Leon Black buys $28M London townhouse

Leon Black and Debra Black with the townhouse (Getty, Beauchamp Estates) Leon Black, the founder and former CEO of Apollo Global Management, bought an opulent apartment in London’s Belgravia neighborhood. Black bought the ...

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  • 28 Nov
  • The Real Deal
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In 10 years, homes in Austin, Texas go from bargain-basement to sky-high

Austin, Texas. (iStock) Everything’s bigger in Texas, and the price of a home in Austin is no longer an exception. The capital of the Lone Star State has fast become one of the hottest places to live in the country, and with 180 new ...

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  • 28 Nov
  • The Real Deal
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