Month: December 2021

(Getty) At least 500 homes were destroyed heading into the last day of the year as 110 mph winds pushed wildfires across suburban areas of Denver and Boulder, Colorado, according to published reports. The New York Times is reporting tens of thousands of people were evacuated in Boulder County, where the homes along with a…

The spruced caboose. (AirB&B) All aboard! A father-daughter team has spruced up an old caboose so AirB&Bers can get a taste of living a night on the rails — from a farm in Iowa. The New York Post is reporting train buff Jim Dotzenrod salvaged the 52,000 pound, 1973 train car from a scrapyard and…

The parking lot at the Wood Village Walmart in Oregon. (Google) They paved paradise and put up a much smaller parking lot. The Sightline Institute, which promotes sustainable development in the Pacific Northwest, is reporting that those oversized parking lots surrounding giant brick-and-mortar retail establishments are shrinking — usually the retailers’ request — and local…

Top row: David Barclay, Gene Martinez, Ben Lambert, Steven Goodstein. Middle row: Arne Sorensen, Eugene H. Webbs, Bill Lee, Eli Broad. Bottom row: Sol Arker, Sylvia Deutsch, Gene “Taxi King” Friedman Donald Elliott As the year draws to a close, it is time to remember some of the titans and icons of real estate who…

(LoopNet, iStock) A former Kmart store in San Bernardino County is set to become a police station. The Redlands City Council approved a deal to buy the property at 1625 West Redlands Boulevard for $16.1 million in cash, with plans to develop a new police facility, according to City News Service. Kmart closed the store…

Austin has 500 new homes planned for area near Tesla (Wikipedia) Austin can’t get enough of Tesla, it seems. Developers of a master-planned community near the electric vehicle factory under construction submitted plans for 300 new apartments and 200 single-family homes to the city this month, according to the Austin Business Journal. Canadian company Brookfield…

Exposition Corridor Transit Neighborhood Plans in LA (LA City Planning) Los Angeles may finally get the 6,000 new residential units it wanted around the Metro Expo Line light-rail route. A Los Angeles Superior Court judge ruled in the city’s favor on Dec. 17, allowing plans that call for the development of up to 6,000 new…

Josh Flagg, Nile Niami, Mohamed Hadid & Charles Munger (Getty Images, iStock) Forget all that talk about 2021 as the year of a return to normalcy. It was not–but L.A.’s real estate market nonetheless managed an abnormally good year overall. Various bright spots offset a continued lackluster outlook in the office segment, which bore the…

601 South Windsor Boulevard in Los Angeles and Justin Tranter (The Agency, Getty) It may not be cake by the ocean, but nobody is going to be feeling too sorry for Justin Tranter after their latest real estate purchase. The songwriter, who has penned hits such as DNCE’s “Cake By the Ocean” and Justin Bieber’s…

Vector CEO Howard Lorber (iStock, Getty) UPDATED, Dec. 30, 11:15 a.m. — Douglas Elliman started trading on the New York Stock Exchange Thursday morning, marking its newfound position as a standalone public company. The news comes nearly two months after the brokerage announced it would spin off from parent holding company Vector Group, which also…