C.D.C. Closes Some Offices Over Bacteria Discovery
The move highlights the risk of Legionnaires’ disease outbreaks when buildings are reopened after coronavirus lockdowns….
Taubman’s $475M Mall of San Juan gets “knocked out” after reopening
The Mall of San Juan, in Puerto Rico’s capital, opened to great fanfare in 2015. But the last five years haven’t been kind to the $475 million upscale shopping center, which has grappled with retail bankruptcies,…
Water Works | 5 Baths with Distinctive Design
Few spaces in the modern home take higher design priority than the bath. These five distinctive spaces feature details that range from rugged stonework to striking tile patterns and lovely mosaics that double as works of…
Invitation Homes may double its single-family portfolio
Single-family rental giant Invitation Homes Inc. is looking to take advantage of low mortgage rates and growing preference for more space over tighter urban living. The publicly traded company raised $448 million in a share sale…
Home of the Week: Adding a few twists in Sherman Oaks
In Sherman Oaks, a 1950s home has seen some additions through the years, including one by Malibu architect Barry Gittelson. Asking price: $2.675 million. …
Hot Property: Lori Loughlin and Mossimo Giannulli sell the big house in Bel-Air
As they await sentencing in the college admissions scandal, Lori Loughlin and Mossimo Giannulli sell their Bel-Air mansion for $18.75 million. …
Multiple Offers And Bidding Wars Return To California’s Luxury Market
Multiple offers and bidding wars define California’s luxury market….
Brightline ends partnership with Virgin Trains in South Florida
Brightline and Virgin Trains are headed on different tracks and have ended their partnership agreement in South Florida. The commuter train service will go back to using the name Brightline, it said in its monthly revenue…
Pasadena’s most expensive home aims for $39.8 million
A Pasadena mega-mansion designed by Richard Landry is going up for sale at $39.8 million, making it the most expensive home for sale in the area. …
Millions of Evictions Are a Sharper Threat as Government Support Ends
Without more federal aid for workers, experts are expecting the largest disruption to the housing market since the Depression….
School’s back on. Will the NYC resi market follow suit?
As the city shut down this spring, New York’s wealthiest neighborhoods saw an exodus of residents, many of whom headed to second homes or rentals in the Hamptons and other parts of the Tri-State. Now that…
Lake Tahoe ranch where ‘Bonanza’ was filmed sells for $38 million
On the shores of Lake Tahoe, a 24-acre ranch where the western show ‘Bonanza’ was filmed just sold for $38 million. …
National retail chains paid 80% of July rent, a Covid high
An increasing number of retailers are finding their rent is no longer too damn high. Major retail chains paid 80 percent of their July rent, by far the highest amount in months, according to a new…
Mortgage mogul Dan Gilbert sees net worth quicken to $34B
In its first day of trading, shares of Rocket Co. rose more than 19 percent, pegging the net worth of Dan Gilbert, the company’s CEO, at $34 billion. The Detroit-based mortgage company is now valued at…
The Housing Market Has A “False Sense Of Confidence,” One Expert Warns
The CARES Act helped buoy the economy. But with key policies now expired, the housing market is to see a turn for the worse, says EasyKnock founder Jarred Kessler. …
NASCAR’s Richard Childress is selling a home in Florida fly-in community near Daytona
In Florida, NASCAR great Richard Childress is asking $1.295 million for his waterfront home in the unique fly-in community of Spruce Creek. …
Brad Pitt and Jennifer Aniston’s former Beverly Hills mansion sells for $32.5 million
The Beverly Hills home where Jennifer Aniston and Brad Pitt lived when they were married has sold for $32.5 million. …
Move Inc. revenues drop as Realtor.com traffic climbs
Move Inc., the company that runs Realtor.com, saw a drop in revenues last quarter, as parent company News Corp. also took a hit. Susan Panuccio, News Corp.’s chief financial officer, said in an earnings call Thursday…
Luxury Real Estate Headlines: First Week in August 2020
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Denver, Colorado | Douglas D. Kerbs, LIV Sotheby’s International Realty Built in 1926, the Granada Theater was Colorado’s first silent movie…
Boxer Andre Berto drops price of Beverly Hills home a fourth time
Andre Berto has dropped the price of his Beverly Hills home to $7.195 million. It’s his fourth price cut. …
