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Month: January 2022

Inland Empire No. 3 in U.S. for large warehouse leases

(iStock/Illustration by Kevin Cifuentes) The Inland Empire ranked third in the nation last year for warehouse leases of more than 1 million square feet, according to a CBRE survey. The real estate brokerage attributed the surge to a ...

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  • 31 Jan
  • The Real Deal
  • Uncategorized
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Hotel union calls terms of deal for Luxe Rodeo Drive into question

(L-R) Beverly Hills-based hotelier Efram Harkham, LVMH CEO Bernard Arnault and Unite Here Local 11 president Kurt Petersen with 360 N Rodeo Drive (Harkham, LMVH, Favebook via Unite Here Local 11, Loopnet) A month after LVMH bought the ...

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  • 31 Jan
  • The Real Deal
  • Uncategorized
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Dior j’adores Beverly Hills: luxury retailer plans new digs

Dior CEO Pietro Beccari and 319 North Rodeo Drive (Google Maps, LVMH) LVMH cannot get enough of Rodeo Drive. The Paris-based fashion and luxury house is planning to build a three-story Dior store with a restaurant to replace its ...

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  • 31 Jan
  • The Real Deal
  • Uncategorized
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City of Anaheim fights lawsuit that could sink sale, redevelopment of stadium

Arturo Moreno, owner of the Los Angeles Angels of Anaheim, in front of the Angels Stadium of Anaheim at 2000 E Gene Autry Way (Getty Images, Los Angeles Angels, iStock/Photo Illustration by Steven Dilakian for The Real Deal) The City ...

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  • 31 Jan
  • The Real Deal
  • Uncategorized
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Extended-stay hotels a hot commodity for investors

Barry Sternlicht, co-founder, chairman, and CEO of Starwood Capital Group (Starwood Capital Group, LoopNet, iStock/Photo Illustration by Steven Dilakian for The Real Deal) The recovery of the hotel industry in the United States is ...

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  • 31 Jan
  • The Real Deal
  • Uncategorized
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Developer gives record $10 million to ULI for sustainability studies

Randall Lewis, executive vice president of The Lewis Group of Companies (ULI Foundation, iStock) Inland Empire developer and philanthropist Randall Lewis has given $10 million to a Washington, D.C., think tank to study sustainable real ...

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  • 31 Jan
  • The Real Deal
  • Uncategorized
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Top 10 development projects in Los Angeles in 2021

NBCUniversal Chairman Steve Burke and CEO Jeff Shell with a rendering of the office project (NBCUniversal) The following is a preview of one of the hundreds of data sets that will be available on TRD Pro — the one-stop real estate ...

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  • 31 Jan
  • The Real Deal
  • Uncategorized
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Revealed In Dallas: Forgotten all-Black school once stood on Uptown development site

The since-demolished B.F. Darrell School circa 1930. (Tarrant County Black Historical and Genealogical Society) The land on which a controversial, taxpayer-subsidised retail and residential development will rise in Dallas was the ...

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  • 30 Jan
  • The Real Deal
  • Uncategorized
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Connecticut castle bumps asking price to $60M from $35M

450 Brickyard Road, Woodstock (Zillow) The gaudy castle in rural northeastern Connecticut didn’t sell for $35 million. So the owners bumped up the price by almost half – to $60 million. Yes, it has a moat. It sports inlaid wood floors, ...

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  • 30 Jan
  • The Real Deal
  • Uncategorized
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Atlanta real estate ring convicted for $21 million in fraudulent mortgage loans

Atlanta real estate ring convicted for $21 million in fraudulent mortgage loans (iStock) A dozen criminals netted more than $21 million in fraudulent mortgage loans. in an Atlanta real estate scheme. Now two real estate agents at the ...

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  • 30 Jan
  • The Real Deal
  • Uncategorized
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