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Massive real estate scam based in Irvine bilked people out of $100 million, FTC alleges

The Federal Trade Commission announced Thursday that i.....»»

Category: topSource: latimesNov 8th, 2018

Industrial real estate giant Prologis scoops up DCT Industrial Trust for $8.4 biillion

San Francisco-based Prologis, the world’s largest industrial landlord, will add to its already massive portfolio with an $8.4 billion, all-stock deal to buy Denver-based DCT Industrial Trust Inc. The purchase will add 71 million square feet to .....»»

Category: topSource: bizjournalsApr 30th, 2018

Nevada firm sells two local properties for $18.5 million

A Nevada-based real estate investment firm has sold two Sacramento County apartment properties for $18.5 million......»»

Category: topSource: bizjournalsApr 18th, 2019

Why Airbnb, Tishman Speyer and others invested $160 million in this startup

The San Francisco-based lodging and real estate tech company aims to turn this segment of the lodging industry around with the help of apartment owners......»»

Category: topSource: bizjournalsApr 17th, 2019

Quincy firm buys Waltham Hannaford for $18.2M

Cincinnati-based Phillips Edison & Co., a retail-focused real estate investment trust, has sold a 45,882-square-foot Hannaford supermarket in Waltham to Quincy-based real-estate firm The Grossman Cos. for $18.2 million.   The company has no immediate .....»»

Category: topSource: bizjournalsApr 16th, 2019

St. Louis VC firm doubles down on fast-growing real estate startup

St. Louis-based venture capital firm Cultivation Capital has made another investment in a fast-growing Chicago-based real estate startup.  Cultivation Capital led a $2.5 million financing round for Avail, which has an online platform for do-it-your.....»»

Category: topSource: bizjournalsApr 9th, 2019

Can"t fill your rental units? This company might take them off your hands.

New York City-based Blueground, a real estate company that leases and furnishes unoccupied apartments, and then rents them out to travelers on a single month or longer term, is expanding its District presence on the heels of closing a $20 million fundin.....»»

Category: topSource: bizjournalsApr 1st, 2019

Austria"s Signa partners with RFR to buy New York"s Chrysler Building: sources

Signa Holding GmbH, Austria's largest privately owned real estate company, will buy the iconic Chrysler Building in New York City in partnership with property firm RFR Holding LLC for about $150 million, people familiar with the matter said......»»

Category: topSource: reutersMar 8th, 2019

Alexander & Baldwin posts $72M loss for 2018

Hawaii real estate company Alexander & Baldwin reported a net loss of $136.6 million, or $1.90 per share, in the fourth quarter, compared to net income of $212.2 million, or $3.42 per share, for the same quarter in 2017. Honolulu-based Alexander &.....»»

Category: topSource: bizjournalsFeb 27th, 2019

Federal Realty adds to Northern Virginia retail portfolio

Federal Realty Investment Trust (NYSE: FRT) has paid $22.5 million for a Fairfax retail center as it follows through on plans to beef up its presence in Northern Virginia. The Rockville-based real estate investment trust recently acquired Fairfax .....»»

Category: topSource: bizjournalsFeb 26th, 2019

Former Trump SoHo hotel may be sold

CIM Group, the Los Angeles-based real estate investor, is weighing a sale of the downtown New York hotel once known as the Trump SoHo, according to people familiar with the matter......»»

Category: topSource: moneycentralFeb 25th, 2019

Real estate unicorn Opendoor raises another $200 million

San Francisco-based Opendoor will raise another $200 million, bringing its valuation up to about $3.7 billion, Techcrunch reports. The funding round for the fast-growing real estate startup, which facilitates timely home sale transactions for a fee, f.....»»

Category: topSource: bizjournalsFeb 20th, 2019

MMA Capital (MMAC): Why Arquitos Capital Is Crazy About It

New York-based hedge fund Arquitos Capital loves MMA Capital Holdings (NASDAQ: MMAC), a $370-million market cap firm which invests in real estate an.....»»

Category: topSource: insidermonkeyFeb 18th, 2019

Fairfax real estate tech firm raises $30 million

Fairfax-based real estate data and analytics company Remine has closed a $30 million Series A funding round, bringing its total amount raised to $48 million. Stripes Group, a New York-based growth equity firm, was the lead investor. It has investe.....»»

Category: topSource: bizjournalsFeb 12th, 2019

Medical Properties Trust makes $859M purchase in Australia

Medical Properties Trust, Inc. has agreed to acquire 11 Australian hospital properties from affiliates of Melbourne-based Healthscope Ltd. in a $859 million deal. The Birmingham-based health care focused real estate investment trust will lease the.....»»

Category: topSource: bizjournalsFeb 4th, 2019

KS Partners buys 11-story Downtown Crossing office building

Woburn-based commercial real estate firm KS Partners LLC has purchased at 11-story office building in Downton Crossing for $29 million, with plans to upgrade the lobby and add a fitness center, among other changes. KS Partners, which owned 3.7 millio.....»»

Category: topSource: bizjournalsFeb 4th, 2019

Marin mansion super agent joins brokerage from "Million Dollar Listing" — see what she"s sold over the years

Marin County super agent Tracy McLaughlin, a celebrity in the local luxury real estate market, left Compass Real Estate to lead the Bay Area operation of The Agency, a Beverly-Hills-based brokerage. McLaughlin has sold more than $1 billion in re.....»»

Category: topSource: bizjournalsJan 18th, 2019

New York Life buys Buckhead office tower for $166M

Crocker Partners LLC was the seller. The Boca Raton, Fla.-based real estate company paid $105 million for the property in 2012. Prominence was one of several Buckhead towers on the market in the latter half of the year......»»

Category: topSource: bizjournalsDec 30th, 2018

CityPlace center in Woodbury sold for $78 million

The CityPlace shopping center in Woodbury has sold to an entity related to Oak Brook, Ill.-based The Inland Real Estate Group of Cos. Inc. for $77.8 million......»»

Category: topSource: bizjournalsDec 20th, 2018

CBS to sell Television City complex to L.A.-based developer for $750 million

CBS Corp. said late Monday it has agreed to sell its 25-acre production studio complex CBS Television City and sound stage operation to Los Angeles real estate developer Hackman Capital Partners for .....»»

Category: topSource: marketwatchDec 10th, 2018

Barbara Corcoran explains why she secretly "couldn"t wait" for Fridays — the day she fired people

Barbara Corcoran was a real estate mogul before she became a judge on "Shark Tank." As the head of The Corcoran Group, which she sold in 2001 for $66 million, Corcoran .....»»

Category: topSource: businessinsiderDec 4th, 2018