Academy Tower and from left, Rockwood Capital co-founder Walter Schmidt, Artisan Realty Partners’ co-founders Mark Laderman and Colin Komae Three years ago, Swift Real Estate Partners acquired the Academy Tower office building in North Hollywood for $62 million, then undertook a renovation. It has paid off. A joint venture of Rockwood Capital and Artisan Realty […]
The construction giants catching a Windy City windfall
Chicago’s top 5 general contractor firms were approved to build over 9 million square feet of new development (Credit: iStock) Two of Chicago’s leading developers and contractors teamed up in late April to break ground on one of the city’s biggest projects. Executives from JDL Development and Power Construction joined local officials and industry insiders […]
LA is top city for returns on luxury rentals, commute times grow despite developer transit incentives: Daily digest
Every day, The Real Deal rounds up Los Angeles’ biggest real estate news. We update this page at 9 a.m. and 4 p.m. PT. Please send any tips or deals to tips@therealdeal.com This page was last updated at 9 a.m. PT The Liddel at 10777 Wilshire Boulevard L.A. luxury apartments have a big first […]
The economy may be starting to slow. Real estate is taking notice.
There are warning signs that the U.S. economy is closer to a slowdown. What does that mean for real estate? (Credit: iStock) The yield curve inversion and threats of an escalating trade war recently sent markets into a tizzy last week. If those economic jolts are going to hit the real estate industry hard, it […]
What you should know about Greenland and its real estate
Donald Trump and Greenland No one seems certain how to take the news that the President Trump is interested in buying Greenland. Is it a joke? Is it even possible? Would Mexico pay for it? Though numerous Greenlandic politicians have weighed in to unequivocally rebuff Donald Trump’s reported interest in acquiring their homeland, the president […]
Small Talk: Big Tech wants to be your landlord now! Isn’t that great?
From left: Google CEO Sundar Pichai, Facebook CEO Mark Zuckerberg, and Microsoft CEO Satya Nadella (Credit: Getty Images) Real estate is a serious and important industry that impacts billions of people every day. But there’s also a lot of stuff happening in it that’s pretty weird and funny. Small Talk is a new column from […]