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Month: December 2021

Lakefront sale sets new Quebec price record at $14.5M

Marketing businessman and Ferrari collector James Upton sold his six-acre property for $14.5 million to an unidentified buyer, according to the Wall Street Journal (LinkedIn, Sotheby’s) The sale of a lakefront estate outside Montreal ...

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  • 25 Dec
  • The Real Deal
  • Uncategorized
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Six-story apartment complex planned for Westside

A rendering of the proposed apartment building at 2266-2289 South Westwood Boulevard in West Los Angeles (Los Angeles City Planning/Illustration by Steven Dilakian for The Real Deal) Investor David Safai has filed a permit application ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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OC industrial investor raises $700M for logistics fund

CapRock CEO Patrick Daniels and CapRock’s Palomino Business Park, Saddle Ranch Business Park and 1-15 Logistics (CapRock) Newport Beach-based industrial real estate investor CapRock Partners has raised a $700 million fund to focus on ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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LA’s largest 2021 office leases reflect effects of pandemic

(LoopNet, iStock/Photo Illustration by Steven Dilakian for The Real Deal) Sometimes it takes a village of deals to notch some progress. In 2020, the year of you know what, the largest office leases in L.A. County actually topped 2019 — ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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Westwood developer plans apartments in South LA

Rendering of 1879-1885 W. Slauson Avenue (Maly Architects, Google Maps) A Westwood-based developer looks to build housing on a largely vacant property in South Los Angeles. Farzad Essapour’s Luxurious Properties LLC filed plans for the ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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Catherina Gores drops $17M on Malibu Colony beach house

23450 Malibu Colony Rd (Redfin) The newest resident of chic Malibu Colony is Catherina Gores, daughter of billionaire investors and Detroit Pistons owner Tom Gores. The younger Gores just shelled out $17 million for an oceanfront home ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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Kushner Properties buys $200M in Houston multifamily properties

Kushner Properties’ Laurent Morali and Nicole Kushner Meyer Kushner Properties’ Sunbelt holdings just keep expanding. The company closed on three multifamily properties in Houston Wednesday, paying a total of $200 million for the ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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As housing boomed, 2021’s proptech darlings were resi solutions

From left: Bert Bean, chief executive officer, Insight Global; Philippe Laffont, founder, Coatue Management; and Chase Coleman, founder and partner, Tiger Global Management (Insight Global, Getty Images, Tiger Global Management, ...

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  • 23 Dec
  • The Real Deal
  • Uncategorized
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Low space and high prices boosted self-storage stocks amid pandemic

(iStock) People across the United States locked down by the pandemic needed space to lock their extra things away, boosting self-storage properties to the top of the market. Self-storage shares on the FTSE Nareit All Equity REITs Index ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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Tides Equities inks $80M deal for 650-unit Dallas apartment complex

Tides Equities’ Ryan Andrade and Sean Kia with The Tides Waterfront in Arlington, Texas (Tides Equities) The multifamily market in Texas is scorching, and Tides Equities is poised to strike while the iron is hot. The California-based ...

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  • 22 Dec
  • The Real Deal
  • Uncategorized
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