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Month: January 2022

Report: Insurance won’t cover damage wreaked by Colorado wildfire

Police patrol a neighborhood decimated by the Marshall Fire on January 4, 2022 in Louisville, Colorado. (Photo by Michael Ciaglo/Getty) The cost to replace some of the homes destroyed or damaged by last week’s Colorado wildfire in the ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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The Covid Effect: Homeowners seeking more private, office space

The latest Covid variant has many realizing they need a room of their own. (Getty)   The man-cave isn’t just for dads anymore. Now everyone wants their own space. Open-concept living areas featuring great rooms connecting kitchen, ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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Canada’s biggest city has just 3,200 homes for sale, an all-time low

(iStock) Looking for a home in Canada’s biggest city? Good luck with that. Toronto, a city of 6.5 million, has just 3,200 homes for sale, an all-time low, according to Bloomberg. That’s less than half the 7,900 on the market a year ...

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  • 09 Jan
  • The Real Deal
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Supply-chain woes slow new-home construction, raise prices to record high

Supply chain woes are keeping homes from getting built. (Getty) It takes a lot of moving parts to get a house constructed, and right now, a lot of those parts just aren’t moving. The Wall Street Journal is reporting supply-chain ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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A 150-acre estate in Indiana lists for $14 million, a state record

4501 North Michigan Road and Christel DeHaan (Sotheby’s, Wikimedia) A 42,000-square-foot Indiana mansion modelled after an Italian Renaissance villa hit the market for $14 million – a record listing for the Hoosier State. The estate, ...

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  • 09 Jan
  • The Real Deal
  • Uncategorized
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Digital Realty Trust storms into Africa with a majority stake in Teraco

A. William Stein (Bill), chief executive officer, Digital Realty (iStock, Digital Realty) Digital Realty Trust is making a big bet on Africa. The Austin, Texas-based real estate investment trust, aiming to cash in on pandemic-era ...

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  • 09 Jan
  • The Real Deal
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Mandarin Oriental NY majority stake sells for $98M

The home to the Mandarin Oriental at Columbus Circle (Google) Indian conglomerate Reliance Industries has purchased a majority stake in the Mandarin Oriental Hotel at Columbus Circle for nearly $100 million, according to published ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Donald Trump’s niece, Mary, buys $7M Soho condo

Mary L. Trump’s tell-all book on the Trump family. (Getty) Read all about it. Author and niece of former President Donald Trump, whose tell-all book about the Trump family ruffled the feathers of The Donald — on its way to selling more ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Harry and Meghan may be seeking to leave $15M California mansion

Prince Harry and Meghan Markle (Getty) For Prince Harry and Meghan Markle, a $14.65 million mansion near Santa Barbara may no longer fit the bill. The Duke and Duchess of Sussex have put out feelers to sell their California estate in ...

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  • 08 Jan
  • The Real Deal
  • Uncategorized
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Luxury townhouses planned for Fort Worth site of unsolved murders

The Cullen Davis Mansion in Fort Worth, Texas. (Google) Luxury townhouses will be built on the site of a soon-to-be-demolished Fort Worth mansion where two unsolved murders took place more than 40 years ago. Dallas-Fort Worth Channel 5 ...

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  • 08 Jan
  • The Real Deal
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