The Real Deal - New York Real Estate News |
Posted: 18 Jul 2021 11:00 AM PDT In 2018, the billionaire and his ex-wife spent about $150 million in separate — seemingly competing — transactions on four Laguna Beach homes in the span of about a month. That hedge funder, Pimco co-founder Bill Gross, appears to have found another nemesis in his Orange County community, this one his neighbor. A dispute between the two in the exclusive community got so out of hand that Gross is accused of blaring the theme song |
Sovereign wealth funds are hunting for real estate Posted: 18 Jul 2021 09:00 AM PDT Sovereign wealth funds and central banks are looking to capitalize on post-pandemic real estate investment opportunities, following a brief pullback last year. Nearly three quarters of industry respondents to an Invesco survey believe the pandemic-fueled price fall in valuations will drive property purchases, according to IPE Real Assets. Participants in the survey included 141 sovereign wealth funds and 82 central banks with a collective $19 trillion in assets. Average real estate allocations among respondents is |
Olympic deal: Scottie Pippen lists Chicago mansion on Airbnb for $92 Posted: 18 Jul 2021 06:00 AM PDT The Chicago home of two-time Olympic gold medalist and Bulls’ great Scottie Pippen is hitting Airbnb to coincide with the upcoming Tokyo Olympics. Pippen’s Highland Park mansion is open for three separate one-night stays in early August at a symbolic rate of $92 per night, a reference to Pippen’s 1992 Olympic gold, according to People.com. Bookings open for Pippen’s home on July 22. Those who manage to book one of the three nights can bring |
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