Tag

Realestate

All articles tagged with #realestate

business16 days ago•5 min saved

Ultra-wealthy family offices bet on discounted U.S. real estate amid rate volatility

Ultra-wealthy family offices are deploying patient, opportunistic capital into U.S. real estate despite high rates, snapping up discounted assets (e.g., a San Francisco office bought at about 21% of its last price) and locking in long-term leases (a 25-year deal in New York’s SoHo) as funds like Realm and Declaration Partners capitalize on long horizons; inflation fears drive real estate allocations as a hedge and diversification, though data centers remain hard to price and some office assets are flipped after distressed purchases.

via CNBC|

#business #familyoffices #inflation

real-estate1 month ago•13 min saved

Savills to Acquire Eastdil Secured for $1.2B, Expanding US Brokerage Presence

London-based Savills is set to acquire Eastdil Secured for $1.2 billion, with Eastdil keeping its name and independence; the deal, structured as 60% cash and the remainder in Savills shares, is expected to be announced alongside Savills’ quarterly results and signals a major expansion of Savills’ U.S. brokerage footprint.

via Bisnow|

#commercialrealestate #eastdilsecured #mergersacquisitions

business2 months ago•78 min saved

US builders plot up to 1 million Trump-branded homes, Bloomberg reports

Bloomberg News reports that U.S. homebuilders are pursuing a plan to develop as many as one million homes under the Trump Homes brand, signaling a potential mass-market, Trump-branded housing push with details on licensing, funding, and timing not yet disclosed.

via Yahoo Finance|

#bloomberg #branding #business

crime2 months ago•2 min saved

Jet-Set Predators on Trial: Alexander Brothers Accused of a 12-Year Sexual Assault Ring

Prosecutors in New York opened their case against the Alexander brothers—two real estate agents and a third sibling—alleging a 12-year scheme to lure women with flights, luxury hotels, and parties, then drug and sexually assault or rape them, sometimes at glamorous destinations like the Hamptons. The defendants, who have pleaded not guilty and are held without bail, dispute the charges, arguing the conduct was consensual and that witnesses’ accounts are unreliable. The trial, expected to last about a month, will examine accusations of deception, coercion and criminalization of consensual sex.

via The Guardian|

#brothers #crime #rape

crime1 year ago•3 min saved

Alexander Brothers Denied Bail Amidst Sex Crime Allegations

Brothers Oren and Alon Alexander are being held without bail on state charges in Florida, pending a final ruling, as they face federal sex trafficking charges in New York. The indictment accuses them of a decade-long scheme involving drugging and sexually assaulting women. A third brother, Tal Alexander, is also charged federally, while a relative, Ohad Fisherman, remains at large. The Alexanders, prominent in real estate, deny the charges, with their lawyers stating they will plead not guilty.

via ABC News|

#alexanderbrothers #crime #federalcharges

entertainment1 year ago•9 min saved

Netflix's 'No Good Deed': A Star-Studded Mystery with Mixed Reviews

The series premiere of "No Good Deed," a new Netflix dark comedy by Liz Feldman, introduces a complex ensemble cast centered around a mysterious house sale in Los Feliz. The episode sets up various character dynamics and secrets, including financial struggles, blackmail, and a past family tragedy involving the homeowners, Lydia and Paul Morgan. With a mix of humor and suspense, the show hints at deeper mysteries and relationships to be explored in future episodes.

via Vulture|

#darkcomedy #entertainment #lizfeldman

crime1 year ago•2 min saved

Alexander Brothers, Luxury Real Estate Moguls, Arrested for Sex Trafficking

Luxury real estate tycoons Oren and Tal Alexander, along with their brother Alon, have been charged with federal sex trafficking offenses in New York. The indictment accuses them of using their wealth and influence in the real estate market to lure and assault women over a decade, with allegations of drugging and raping dozens. The brothers, who were arrested in Miami, face multiple charges, including sex trafficking by force, fraud, or coercion. They have denied the allegations, with their lawyers stating they will plead not guilty.

via Axios|

#alexanderbrothers #crime #legalcharges

crime1 year ago•2 min saved

Luxury Real Estate Brokers Arrested in Sex Trafficking Scandal

Prominent real estate brokers Tal and Oren Alexander, along with their brother Alon, have been charged with sex trafficking, accused of drugging, assaulting, and raping dozens of women over more than a decade. The brothers allegedly used their wealth to lure women with promises of luxury experiences, then drugged and assaulted them. They face charges of sex trafficking conspiracy and sex trafficking by force, fraud, or coercion. Lawyers for the brothers have denied the accusations, while a lawyer for the victims welcomed the indictment, praising the courage of the survivors.

via BBC.com|

#crime #highprofilecase #legalcharges

crime1 year ago•6 min saved

Luxury Real Estate Moguls, Alexander Brothers, Face Sex Trafficking Charges

Federal prosecutors have charged real estate brokers Tal and Oren Alexander, along with their brother Alon, in a sex trafficking scheme involving the drugging and sexual assault of multiple women since 2010. The brothers allegedly used their status to lure women with promises of luxury experiences, then drugged and assaulted them. The charges include conspiracy to commit sex trafficking, with potential sentences of 15 years to life if convicted. The case involves incidents in New York, Miami, and other locations, with allegations spanning over 20 years.

via CNN|

#assault #crime #legal

crime1 year ago•4 min saved

Prominent Real Estate Duo Alexander Brothers Arrested for Sex Trafficking

Luxury real estate brokers Oren, Tal, and Alon Alexander have been arrested and charged with sex trafficking in New York, accused of drugging and assaulting dozens of women over a decade. The brothers allegedly used their wealth and connections to lure victims with promises of luxury experiences. They face life sentences if convicted. The arrests have led to their resignation from their brokerage firm, Official, and have highlighted issues within their former employer, Douglas Elliman Inc. Federal prosecutors are continuing their investigation, expecting more victims to come forward.

via Fortune|

#alexanderbrothers #crime #federalcharges

business1 year ago•9 min saved

Are Prefab Apartments the Key to Solving the Housing Crisis?

Steel magnate Barry Zekelman is investing $1 billion in modular housing through his company Z Modular, aiming to address the U.S. housing crisis by producing prefab apartment complexes more efficiently and cost-effectively. Despite the potential benefits, such as reduced reliance on scarce construction labor and improved durability against climate challenges, the venture faces challenges due to high capital costs and the cyclical nature of construction. Zekelman is considering partnerships or an IPO to fund expansion, hoping to scale the business globally.

via Forbes|

#barryzekelman #business #constructionindustry

entertainment1 year ago•2 min saved

Drama Unfolds in Netflix's 'Selling the City' Trailer with Legal Threats and NYC Real Estate

Netflix has released the trailer for 'Selling the City,' a new real estate reality show set in New York City, premiering January 3. The series, a spinoff of 'Selling Sunset,' features top broker Eleonora Srugo and her team. The trailer reveals cast member Jade threatening legal action if certain footage airs. The show is produced by the creators of 'Selling Sunset' and follows previous spinoffs 'Selling Tampa' and 'Selling the OC.'

via Deadline|

#entertainment #lawsuit #netflix

politics1 year ago•3 min saved

Scott Bessent: From Democratic Donor to Trump's Treasury Pick

Scott Bessent, Donald Trump's nominee for Treasury Secretary, and his husband listed their Charleston mansion for $22.25 million just before the election. The couple, who bought the property in 2016 and renovated it extensively, are downsizing as their children study abroad. If confirmed, Bessent would be the first openly gay Treasury Secretary. The timing of the sale, just before Trump's announcement, has raised questions, but Bessent's spokesperson cited personal reasons for the move.

via The Daily Beast|

#economy #lgbtq #politics

business1 year ago•4 min saved

New Eateries Set to Replace Red Lobster and TGI Fridays

Red Lobster and TGI Fridays are closing numerous locations due to financial struggles, creating opportunities for fast-food and fast-casual chains like Chick-fil-A and Chipotle to expand into these spaces, often adding drive-thru lanes. The closures are part of a broader trend where sit-down restaurants are being replaced by more profitable fast-food outlets, driven by changing consumer preferences and economic pressures. The high demand for vacant restaurant spaces is also fueled by limited new construction and attractive locations on high-traffic streets.

via WTOP|

#bankruptcy #business #drive-thru

business1 year ago•4 min saved

New Eateries Set to Replace Red Lobster and TGI Fridays

Red Lobster and TGI Fridays are closing numerous locations due to bankruptcy, creating opportunities for fast-food and fast-casual chains like Chick-fil-A and Chipotle to take over these prime real estate spots. The shift is driven by changing consumer preferences towards more affordable and convenient dining options, such as drive-thrus, which are more profitable and require less staff. The demand for vacant restaurant spaces is high, with a low retail vacancy rate and limited new construction, making these locations attractive for new tenants.

via CNN|

#bankruptcy #business #fastfood