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Month: December 2021

Jamestown plans New Year’s ball drop at metaverse Times Square

Jamestown president Michael Phillips (Jamestown/One Times Square) A recent surge in Covid-19 cases has scaled down Times Square’s iconic New Year’s Eve celebration, but Jamestown Properties and Digital Currency Group are ringing in the ...

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  • 30 Dec
  • The Real Deal
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November US home contract signings drop. Yes, drop.

Those looking to buy a home held back (or were stymied) in November, with contract signings dipping month-over-month by 2 percent. (iStock) Pending U.S. home sales slipped last month as prices remained high and supply continued to dry ...

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  • 29 Dec
  • The Real Deal
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Samsung’s $17B deal came with Texas-sized incentives

KS Choi (President and Chief Executive Officer, Samsung Electronics North America) & Samsung HQ (Samsung) It took almost $1 billion of publicly funded incentives to swing a Samsung real estate deal that Texas Gov. Greg Abbott’s ...

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  • 29 Dec
  • The Real Deal
  • Uncategorized
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Nile Niami aims to pivot “The One” to crypto

Nile Niami and The One at 944 Airole Way in LA (Getty, iStock, Photo illustration by Priyanka Modi) Never one to give up on The One, Nile Niami has one more plan to try to hang on to his 105,000-square-foot unfinished mansion in ...

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  • 29 Dec
  • The Real Deal
  • Uncategorized
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Hadid wins $900,000 break on Strada Vecchia tab

Mohamed Hadid and 901 Strada Vecchia Rd (Getty, Realtor) Mohamed Hadid scored a clear–if incremental–courtroom victory this week when a judge trimmed nearly $1 million from liabilities related to the spec developer-cum-reality TV ...

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  • 29 Dec
  • The Real Deal
  • Uncategorized
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Hot or not? Texas 2022 real estate trends

  Austin, Houston, Dallas, and Forth Worth, Texas (iStock) The booming Texas property market shows few signs of faltering in 2022, at least when it comes to the state’s four largest cities. That’s the conclusion of four commercial real ...

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  • 29 Dec
  • The Real Deal
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Investor plans apartments to go with self-storage at 200K complex

13260 West Maclay Street (LA City Planning) Want to live above a self-storage facility? Redondo Beach-based developer Trojan Storage wants to make that happen. The firm is planning to include 27 residential units in a ...

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  • 29 Dec
  • The Real Deal
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Luxury broker Jeff Hyland lists own Topanga estate

Jeff Hyland and the property at 23585 Zuniga Road (Wikipedia, Compass) One of Los Angeles’ top luxury brokers wants to offload a personal stake in the market, listing an equestrian estate in the Santa Monica Mountains. Jeff Hyland, the ...

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  • 29 Dec
  • The Real Deal
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Bette Davis’ former Laguna Beach manse sees $3M price chop

Bette Davis’ former home in Laguna Beach at 1991 Ocean Way (Zillow, Getty Images) A $3 million price chop might help Bette Davis’ former Laguna Beach home finally sell. Canadian investment manager Richard Wernham has put the ...

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  • 28 Dec
  • The Real Deal
  • Uncategorized
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Prism Multifamily buys first Texas property

Spectra Parks Apartments at 5301 Decker Lane, Austin, TX with Prism CEO Mark Zolty (Spectra Parks, LinkedIn) The Canadians are coming. Toronto’s Prism Multifamily Group said this month that it bought a large multifamily complex in East ...

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  • 28 Dec
  • The Real Deal
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