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Month: January 2022

Service divide at forefront of Redfin discrimination suit

Redfin CEO Glenn Kelman (Redfin, iStock) Redfin has long emphasized its commitment to combating systemic inequality in the housing market, but critics say the discount brokerage contributes to discrimination by making it more difficult ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
  •  1

Joint venture pays $173M for mixed-use apartment complex in Santa Clarita

Jefferson Vista Canyon in Santa Clarita (Square Mile Capital Management) Harbor Group International and Azure Partners have joined forces to buy a 480-unit, mixed-use apartment complex in the Vista Canyon community of Santa Clarita for ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
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Don’t call it a comeback: Austin hotels rebound but building never slowed

Thompson Austin at 506 San Jacinto Boulevard, Austin, Texas (Hyatt) Two new Hyatt hotels in Downtown Austin are leading the charge in the city’s hospitality industry rebound. Last week’s opening of the Tommie Austin and the Thompson ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
  •  2

Staley Point, Bain spring for beer bash

Kevin Staley, managing partner, Staley Point Capital; Andrew Terris, managing director, real estate, Bain Capital; and view of 12065 Pike Street (Google Maps, Bain Capital, Staley Point) It’s not quite a six-pack, but Staley Point ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
  •  2

Rexford’s latest in South Bay brings 307K sf

Rexford Industrial Realty co-CEOs Michael Frankel and Howard Schwimmer and property at 4240 West 190th Street (Wexford Industrial Realty, Newmark) Rexford Industrial Realty is adding to its portfolio in the South Bay with the ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
  •  1

Here’s how Microsoft will expand its SoCal office footprint with Activision

Microsoft CEO Satya Nadella, Activision Blizzard CEO Bobby Kotick and 2701 Olympic Boulevard (Wikipedia, Loopnet) Microsoft’s $68.7 billion acquisition of gaming giant Activision Blizzard will come with a lot more office space in Los ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
  •  1

Boston investor snags office building near Love Field in Dallas

1250 Mockingbird Lane, Dallas, TX (TXRE Properties) Boston’s Albany Road Real Estate Partners added another Dallas property to its Texas portfolio. Albany Road bought an office building at 1250 W. Mockingbird Lane, next to Love Field, ...

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  • 18 Jan
  • The Real Deal
  • Uncategorized
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Controller points to 26 city-owned parcels for homeless shelters

26 city-owned parcels ID’d as potential sites for LA homeless shelters(LA Office of the Controller) More than two dozen vacant parcels owned by the City of Los Angeles could be used to temporarily house and serve people who are ...

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  • 17 Jan
  • The Real Deal
  • Uncategorized
  •  1

A 16-acre multifamily development headed to North Austin

Lenox Grand 13505 Burnet Road, Austin, Texas (OHT Partners) Multifamily developers are trying to keep up with all the new office space going up in North Austin’s Domain neighborhood. Often referred to as the city’s “second downtown,” ...

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  • 17 Jan
  • The Real Deal
  • Uncategorized
  •  2

Link to Putin associate on sale of Beverly Hills mansion

10 Beverly Park (Redfin) An entity linked to late Russian minister and political operative Mikhail Lesin has sold a Beverly Hills mansion for $23 million in an all-cash transaction. Lesin, an adviser to Russian president Vladimir Putin ...

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  • 17 Jan
  • The Real Deal
  • Uncategorized
  •  1
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