Cleveland Browns Launch $2.4B Domed Stadium Development Outside Downtown

The post Cleveland Browns Launch $2.4B Domed Stadium Development Outside Downtown appeared first on Propmodo.

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Supermarkets Are No Longer a Sure Thing

The post Supermarkets Are No Longer a Sure Thing appeared first on Propmodo.

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Blackstone’s BREIT Attracts Capital Again After Years of Outflows

The post Blackstone’s BREIT Attracts Capital Again After Years of Outflows appeared first on Propmodo.

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RXR Turns a Pandemic Casualty Into a Conversion Blueprint

Scott Rechler’s RXR has secured $475 million in financing to convert the century-old Financial District office tower at 61 Broadway into 796 residential units, marking another chapter in the firm’s strategy of turning distressed office as...

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ICE Activity Is Emerging as a New Multifamily Risk Factor

The post ICE Activity Is Emerging as a New Multifamily Risk Factor appeared first on Propmodo.

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Blue Owl backs FivePoint on $1.7B land banking deal

FivePoint Holdings is committing to land banking with its latest partnership.  Irvine-based FivePoint is teaming up with Blue Owl Capital to buy up to $1.7 billion of land in the U.S. housing market, the Orange County Business Journal reported.&...

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Bel-Air manse leads $171M week for LA luxury signed contracts

A Mediterranean-style estate in Bel-Air, listed for $24.8 million, topped out Los Angeles County’s signed contract activity last week. That’s according to the Eklund Weekly Luxury Report Los Angeles, produced by Marcy Roth of Douglas Elliman’s ...

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BlackRock lists Torrance industrial as South Bay prices ramp up

An entity connected to BlackRock listed an industrial property in Torrance, within reach of the ports of Long Beach and Los Angeles.  The seller is asking $102 million for the 206,500-square-foot building at 1540 Francisco Street, according to a...

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HVN plots latest Mar Vista affordable housing development

Two one-story apartment buildings in Mar Vista could give way to an affordable housing complex.  HVN Development filed an application with the Los Angeles Department of City Planning to clear the two buildings to construct a five-story building ...

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Jeff Appel leases up Sunset Strip mixed-use building with office tenant

Jeff Appel’s United El Segundo landed its first office tenant for a West Hollywood mixed-used building, The Real Deal has learned. Siebert Financial and its entertainment subsidiary Gebbia Media leased a 10,000-square-foot penthouse office space an...

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NewMark Merrill’s Target-anchored project approved amid high retail demand

NewMark Merrill Companies is moving forward with a Target-anchored shopping center development in Victorville.  NewMark Merrill, in partnership with World Premier Investments and R.Y. Properties, received entitlements to develop Desert Sky Plaza...

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