If you’re looking for a slice of Palm Springs in Los Angeles, the newly listed Lynch Residence in Studio City checks all the boxes. The midcentury gem was designed and built in 1955 by Harold B. Zook, and remains a stellar example of the architect’s mastery of form that follows function. It’s for sale at
Real Estate
Flyhomes, a real estate startup that funds cash purchases, announced Wednesday that it raised $150 million in Series C funding, valuing the five-year-old business at more than $800 million, according to sources familiar with the matter. The Seattle-based company is capitalizing on a pandemic-fueled home-buying frenzy that has made cash offers a critical strategy for
Li Ka-shing’s real estate flagship company is said to be mulling a sale of UBS AG’s London headquarters, according to a Bloomberg report on Thursday. CK Asset Holdings is reportedly in discussions with several buyers for 5 Broadgate, a Grade A office building adjacent to the Liverpool Street train and subway station. The company acquired
A National Association of Realtors “30 Under 30” agent, serving the Del Mar/San Diego luxury residential market with Anderson Coastal Group. In today’s hyper-competitive marketplace, sellers are calling the shots, buyers are doing anything they can to win in multiple-offer scenarios and, as a result, escrows are particularly emotional. When buyers offer hundreds of thousands of
High-quality automated shading slashes lighting energy use, while at the same time enhancing occupant comfort. Modern LED lighting with advanced controls also greatly cuts lighting energy use, and offers superior results. These are among key findings of research undertaken by the Portland, Ore.-based New Buildings Institute (NBI). The insights should provide commercial real estate owners
Every June, New Yorkers celebrate Pride. From the extraordinary bravery of the young people at Stonewall, through the terrible years of the AIDS crisis when everyone in New York lost friends or neighbors or family, to the creation of GMHC and ACT UP, New York has always been at the forefront of the movement towards
Singer Gloria Gaynor, whose voice helped define the disco era with the ultimate breakup anthem, “I Will Survive,” is seeking a buyer for her New Jersey mansion, which is on the market for $1.249 million. Gaynor, who released a string of disco hits that have gone on to become classics, including “Never Can Say Goodbye,”
Combine the best of the Catskills with a rock ‘n’ roll sensibility, Mid-Century Modern design and natural beauty, wrap it in an income property envelope and you get Kate’s Lazy Meadow. Offered by B-52s singer Kate Pierson and her wife, renowned artist Monica Coleman, it is a once in a lifetime chance for anyone looking
The median rental price in Manhattan rose sharply last month, according to newly released data from Douglas Elliman. Net rents in the borough jumped 8.8% compared to April, while in Brooklyn prices increased by a comparatively modest 1.1%. Prices in both boroughs are still discounted compared to a year ago, in the range of 10%.
Like its neighbor to the south, Canada’s real estate market is expected to see continued growth in 2021, particularly in the luxury sector. In Toronto, an emerging global hub, residential sales of $5 million or more have increased by more than 8% year-over-year, while sales of $2 million or more have increased by about 10%.
This story is SO Dallas. And this home is so valuable now given the high cost of lumber. Most people design a home, specify materials, then purchase them. This may well be one of the only homes in town where the materials directed the design and the entire house. In 2006 Don Daeske, a Dallas-based
Jonathan Keyser is the founder of Keyser, the largest occupier services commercial real estate brokerage firm in Arizona. The franchise industry is expected to add more than 800,000 U.S. jobs by the end of 2021, totaling 8.3 million jobs nationwide. According to data shared to webinar attendees by the International Franchise Association (IFA), this will be
“Just one in 10 adults meet the federal vegetable recommendations,” reported the Centers for Disease Control and Prevention in one of its Morbidity and Mortality Weekly Reports. “As a result, we’re missing out on essential vitamins, minerals, and fiber,” noted the study’s lead author, adding, “This puts [you] at risk for chronic diseases like diabetes
Generation after generation of one household from the village of Orléat in central France has walked the same grounds for some 400 years. This sand-colored stone castle in the Auvergne-Rhône-Alpes region has been passed down within the family since it was built in the 17th century. Over the years, events put on by the owners
Old homes are a snapshot into history. Unique features like crown molding, wainscoting, arched doorways and stained glass windows make a statement that’s difficult to replicate with newer construction. If you’re looking to put down roots in a vintage home, consider that historic charm can outweigh the most tempting of today’s amenities. Some buyers seek
Smart-lock startup Latch began trading Monday through a SPAC listing that raised $453 million and values the company at over $1.5 billion. The shares, issued through a special purpose acquisition vehicle run by Tishman Speyer Properties, rose 4% on the first day of trading. “Using the Tishman Speyer portfolio as an incubator for new ideas
Floating rate debt instruments for commercial real estate loans and many other forms of financing have for decades relied on an interest rate index called the London Interbank Offered Rate. If LIBOR went up or down, so would the interest rate a borrower paid. And LIBOR rates were quoted every business day for a range
With the pandemic driving office vacancy rates in Australia to 12%, the highest in over two decades, one would expect the founder of the one of the country’s largest privately held property companies to be cautious. Instead, Lang Walker of Walker Corp. says: “I am unbelievably bullish about what we’re doing and where Australia’s going.”
German architect Rolf Demmler first arrived in China in 2004 after what he says was an “accident.” Facing an uninspiring career trajectory at home, Demmler was ready for a change when opportunity called. “Somebody from out of nowhere said, ‘We have job offerings in China,’” he recalled in a recent interview in Shanghai. “It labeled itself
Aviva is the Managing Broker of Sonenreich & Co, a third-generation commercial real estate broker, owner and investor in Denver, Colorado. In such a hot real estate market as we’re experiencing today, many buyers are passing on property inspections, attempting to win the bidding wars incited by the current inventory crisis. But the inspection is still
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