RealEstate

Nov
15
2021
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By Troy Warren
Cinespace Studios Sold for $1.1B to TPG Real Estate

Cinespace Studios Sold for $1.1B to TPG Real Estate

Business, Real Estate, , ,
BY ETAN VLESSING | HollywoodReporter.Com Troy Warren for CNT #Business #RealEstate The soundstages for Dick Wolf's 'Chicago Fire' and Netflix's 'Umbrella Academy' have been picked up by the real estate investor amid a streaming content boom. TPG Real Estate Partners has purchased studio campuses in Toronto and Chicago belonging to Cinespace Studios, home to production of major films and TV series like Dick Wolf’s Chicago Fire, Chicago PD and Chicago Med, Netflix’s Umbrella Academy and MGM’s The Handmaid’s Tale. Terms of the deal were not disclosed, but it’s understood from a source close to the transaction that the real estate equity investment arm of asset firm TPG paid around…
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Nov
07
2021
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By Troy Warren
Maui Wowie: Jeff Bezos Reportedly Buys $78M Compound in Hawaii

Maui Wowie: Jeff Bezos Reportedly Buys $78M Compound in Hawaii

Real Estate, , ,
By Claudine Zap | Realtor.Com Troy Warren for CNT #RealEstate   The founder of Amazon, Jeff Bezos, just added another property to his cart. The billionaire and his partner, Lauren Sánchez, recently picked up a 14-acre estate on the island  of Maui. The cost of the off-market transaction was said to be in the neighborhood of $78 million, Dirt reported. Bezos, whose company Blue Origin has launched him and a number of lucky guests into suborbital space, appears to enjoy the earthly delights of the the tropical paradise. Sweet spread Known as the Carter estate, the property is located on the island’s southern shore. Set on…
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Oct
30
2021
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By Troy Warren
Los Angeles: Meet L.A. Real Estate’s Rising Stars

Los Angeles: Meet L.A. Real Estate’s Rising Stars

City News, Real Estate, ,
BY SYDNEY ODMAN | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com #RealEstate This crop of next-gen names have done deals for Pink, Kenya Barris, Justin Bieber and Nahnatchka Khan. Six emerging heavy hitters on the Hollywood real estate scene — Aaron Kirman Group’s Dalton Gomez, RE/MAX’s Shavonda Hill, Compass’ Lily Harfouche, The Agency’s Cooper Mount and Douglas Elliman duo Learka Bosnak and Heather T. Roy — all emphasize one marker of success in the business: discretion. Hill, who represented Kenya Barris in two transactions this year, has established herself as a go-to for high-profile buyers through word-of-mouth. “A lot of them want privacy and anonymity…
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Oct
21
2021
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By Troy Warren
Atlanta: Why Zillow won’t buy your home this year

Atlanta: Why Zillow won’t buy your home this year

City News, Home & Garden, Real Estate, , ,
By Nancy Clanton, The Atlanta Journal-Constitution Troy Warren for AtlantaNewsAndTalk.Com #HomeGarden #RealEstate   Atlanta among top three markets for ‘iBuying’ service during Q2 Supply chain problems have hit Zillow, the company announced this week, forcing it to stop buying homes through Zillow Offers for at least the rest of the year. Zillow Offers uses the “iBuyer” program, which allows the home buyer to choose a closing date that’s 10-60 days after signing. The home buyer is responsible for scheduling and paying for an inspection and appraisal of the property. If there are any safety issues with the home, the home buyer can request repairs.…
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Oct
16
2021
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By Troy Warren
10 Beautiful Small Towns in America Worth Moving To Today

10 Beautiful Small Towns in America Worth Moving To Today

Real Estate
by Ryan Castillo | RedFin.Com Troy Warren for CNT #RealEstate Are you looking to escape the hustle and bustle of city life? Does the idea of a laid-back lifestyle sound appealing to you? If you answered yes, then you should consider moving to a small town. Small towns across the US offer access to the outdoors, local shopping, and most importantly peace, quiet, and privacy that is rare in a big city. If this lifestyle sounds like something you’re interested in, we compiled a list of 10 beautiful small towns in America that you can move to today. From the beautiful Hawaiian…
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Oct
10
2021
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By Troy Warren
Phoenix: Metro Phoenix’s home prices poised to hit new record. Where are they climbing the fastest?

Phoenix: Metro Phoenix’s home prices poised to hit new record. Where are they climbing the fastest?

City News, In The News, Real Estate, ,
Catherine Reagor | Arizona Republic Troy Warren for PhoenixNewsAndTalk.Com #RealEstate   Metro Phoenix’s hot housing market cooled a few degrees during the summer, but prices are climbing again. The Valley’s median home price is expected to have hit $410,000 in September and climb to a new record of $415,000 by mid-October, according to the Arizona Regional Multiple Listing Service’s analysis of pending sales. The price increases are coming even as the supply of homes for sale continued to tick up and sales dipped slightly in August. That combination of slowing indicators had been keeping the Phoenix-area median home price hovering around $405,000…
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Oct
09
2021
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By Troy Warren
Los Angeles: Hot Real Estate Market Culver City Is Now “One of the Content Capitals of the Globe”

Los Angeles: Hot Real Estate Market Culver City Is Now “One of the Content Capitals of the Globe”

City News, In The News, Real Estate, ,
BY HADLEY MEARES | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com  #RealEstate Amazon Studios, WarnerMedia and TikTok have all taken office space in the city in the past four years, with Apple recently announcing a 550,000-square-foot headquarters. In 1995, Adam Lilling, founder and managing partner of PLUS Capital, a venture advisory firm that helps talent invest in startups and build brands, moved into an office in Culver City, whose glory days as the home of MGM and RKO were long past. “The office we were in always leaked — if it rained you had problems,” he recalls. “You just drove to work and…
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Sep
25
2021
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By Troy Warren
Housing Market Update: Homebuyer Demand and Sellers’ Asking Prices Get a Late-Summer Boost

Housing Market Update: Homebuyer Demand and Sellers’ Asking Prices Get a Late-Summer Boost

Real Estate
by Tim Ellis | RedFin.Com Troy Warren for CNT #RealEstate   Home sale prices likely have room to grow as ultra-low mortgage rates lure more buyers to the market. Early homebuyer demand reached the highest point in at least three years during the week ending September 19, according to Redfin’s Homebuyer Demand Index, which measures requests for home tours and other home-buying services from Redfin agents, adjusted for seasonality. Mortgage purchase applications also increased 2%, on top of an 8% increase the prior week. During the four-week period ending September 19, most other housing market measures showed a typical late-summer seasonal decline with…
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Sep
18
2021
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By Troy Warren
Home Sales Fell 6% in August, the First Annual Decline in 15 Months

Home Sales Fell 6% in August, the First Annual Decline in 15 Months

Real Estate
by Tim Ellis | RedFin.Com Troy Warren for CNT #RealEstate   However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market. The median price of homes sold in August was $380,271, up 16% from a year earlier, the lowest growth rate since February. August marked the 13th consecutive month of double-digit price gains. “When it comes to home prices in this market, what goes up stays up,” said Redfin Chief Economist Daryl Fairweather. “That’s especially true in the Sun Belt; home prices are up more than 20% from last year…
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Sep
06
2021
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By Troy Warren
Los Angeles: Tiffany Haddish, Issa Rae and Other Industry Locals on South L.A.’s Gentrification: “A Blessing and a Curse”

Los Angeles: Tiffany Haddish, Issa Rae and Other Industry Locals on South L.A.’s Gentrification: “A Blessing and a Curse”

City News, In The News, Real Estate, ,
BY KIRSTEN CHUBA | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com #RealEstate   The rapidly changing, historically Black area is seeing home prices spiking as development is on the rise: "It's gotten very white." For more than 100 years, South Los Angeles has been home to a largely Black and brown population, rooted in a history of redlining and segregation that kept nonwhite residents below Washington Boulevard. Los Angeles is “terribly bifurcated by race,” says entrepreneur Prophet Walker, a native of South L.A. “And that’s all a remnant of redlining.” These days though, the area looks a little different. As native Tiffany Haddish says, “It’s gotten…
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