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Month: November 2021

Mindspace gets $72 million induction to continue shared-space expansion

Mindspace founders Dan Zakai and Yotam Alroy. (David Garb for Mindspace) Israeli shared-office space provider Mindspace has secured $72 million to help fuel its expansion in Europe, the United States and its home country. The ...

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  • 27 Nov
  • The Real Deal
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$70 million purchase a record sale in Orange County

Abalone Point, Laguna Beach California. (Photo D Ramey Logan.jpg from Wikimedia Commons by D Ramey Logan, CC-BY 4.0)   A New York hedge-fund manager broke a sales record in Orange County, California, when he and his wife paid $70 ...

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  • 27 Nov
  • The Real Deal
  • Uncategorized
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Chinese regulators ease some real estate controls

Chinese President Xi Jinping (Getty) Chinese regulators are easing some restrictions on bond sales by real estate firms and developers, though they aren’t pulling back entirely. The goal: limit credit to overleveraged borrowers without ...

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  • 27 Nov
  • The Real Deal
  • Uncategorized
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South Korean President Moon Jae-in says housing failures are his biggest regret

South Korea’s President Moon Jae-in (Wikipedia, iStock) In his first live town hall since late 2019, South Korean President Moon Jae-in said his biggest regret is failing to fix the nation’s housing shortage. “I have apologized for the ...

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  • 27 Nov
  • The Real Deal
  • Uncategorized
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Jared Kushner looks to Persian Gulf for investment-firm financing

Jared Kushner (Getty) Jared Kushner, who worked closely with Arab states on behalf of the US government and his father-in-law, then-President Donald Trump, is looking to the Persian Gulf to raise money for his new investment firm — a ...

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  • 27 Nov
  • The Real Deal
  • Uncategorized
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Last remaining Japanese-American farm on LA peninsula to shutter

(iStock) For decades prior to World War II, Los Angeles County’s Palos Verdes Peninsula was home to a thriving Japanese-American agricultural community. Only one such farm remains today, and it isn’t long for this world. The Ranchos ...

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  • 27 Nov
  • The Real Deal
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Residential compound once owned by Paramount Pictures finds buyer

Charles Fries (Getty Images, iStock) The Fries Estate, a Beverly Hills compound once owned by Paramount Pictures, has found a buyer. The property, located at 1000 Ridgedale Drive, went into contract earlier this month with a last ...

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  • 24 Nov
  • The Real Deal
  • Uncategorized
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OC telecom billionaire Jabara to buy 22-acre Napa commercial resort

(The Estate Yountville) Orange County telecom executive Gary Jabara is in contract to buy the 22-acre Estate Yountville resort in Napa Valley. The exact terms of the deal have not been disclosed, but some sources not involved in the ...

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  • 24 Nov
  • The Real Deal
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Rents in New York and South Florida metros surged more than 30%, led nationwide rise

(iStock) Average monthly rents rose by 13 percent since last year, with the bulk of the price surges recorded in popular metro areas, according to a new report from Redfin. The report pins the average monthly rent nationwide in October ...

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  • 24 Nov
  • The Real Deal
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Westside apartment investor wants $38.5M for Brentwood complex

11677-11683 Goshen Avenue (LoopNet, iStock/Photo Illustration by Steven Dilakian for The Real Deal) A Santa Monica-based multifamily investor is putting an apartment complex in Brentwood up for sale. Jeffrey Nemoy is selling a 68-unit ...

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  • 24 Nov
  • The Real Deal
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