The Real Deal - New York Real Estate News

Ghislaine Maxwell was hiding out in a rural New Hampshire estate when she was arrested

Posted: 11 Jul 2020 11:00 AM PDT

The search for Jeffrey Epstein confidant Ghislaine Maxwell took federal agents to a rural estate in central New Hampshire. Federal agents found Maxwell at a 156-acre estate that she appears to have purchased in December for $1.1 million, according to the New York Post. Federal prosecutors said she appears to have purchased the property “through a carefully anonymized LLC.” Maxwell fled to a bedroom when agents rang the doorbell at the gate, but eventually surrendered

Spain’s richest man owns $17B in real estate

Posted: 11 Jul 2020 09:00 AM PDT

Amancio Ortega, the richest man in Spain, owns more than $17.2 billion in real estate across the world. The founder of fast fashion label Zara brought in 621 million euros through his real estate assets last year, according to Bloomberg. Ortega’s company, Pontegadea, revealed its holdings for the first time this week. Ortega spent nearly $2.4 billion on property last year and has sunk more than $3 billion into real estate over the last few

Former Apple and Tesla employees launch mass production development company

Posted: 11 Jul 2020 06:00 AM PDT

Juno Residential Inc. the latest Silicon Valley startup set on re-ordering the real estate development world. The firm plans to use mass production and prefabrication techniques to make it cheaper and more ecological to develop housing nationwide. The firm was co-founded by former employees of Apple and Tesla, according to the Wall Street Journal. The firm officially launched operations this week and has so far raised $11 million in funding since its founding last year.