Month: May 2020

Why buy a villa when you can buy a whole village? That’s the question nearly no one is asking themselves, aside from maybe a few super-rich Scandinavian billionaires, now that the entire hamlet of Sätra Brunn in Sweden is listed with Christie’s International for the unbeatable price of just under $7.3 million. Sätra Brunn, which

With tech companies such as Twitter, Facebook and Square announcing that a large portion of its employees will work from home permanently, the US banking industry is deciding whether to follow the trend of keeping its employees remote, according to S&P Global Market Intelligence. JP Morgan Chase, the largest bank in the US, has almost

When it comes to coronavirus and health concerns, building owners and operators need to avoid making promises they can’t keep. Want to continue reading?Become a Free ALM Digital Reader. Once you are an ALM digital member, you’ll receive: Unlimited access to GlobeSt and other free ALM publications Access to 15 years of GlobeSt archives Your

A starkly contemporary home in a leafy and family-friendly neighborhood of Los Angeles recently transferred to an LLC, and some digging through records reveals the buyer is Deborah Santana, the noted San Francisco Bay Area-based activist, philanthropist and part-time film producer who executive produced the Peabody Award-winning 2014 documentary “Soft Vengeance: Albie Sachs and the

It seems that the retail sector can’t catch a break. It was just a few years ago that people—otherwise in the know—were predicting the fall of brick-and-mortar at the hands (or should I say fingers?) of internet shopping. Now, as we at last begin to emerge from the stay-at-home orders, the rumors seem to be

Brittney Gwynn, a 32-year-old project manager, was growing weary of her boyfriend after weeks of lockdown in Brooklyn. “Our love is unlimited,” she told the New York Times. “But in terms of the time we’re spending together, we’re getting on each other’s nerves.” So Gwynn turned to Globe, a year-old app that offers daytime short-term

In response to the coronavirus crisis, supply chains will change—and the industrial market will change along with them. Supply chain disruptions caused by the pandemic are expected to increase demand for warehouse space and, at the same time, drive lasting changes in storage and logistics. Additionally, increased attention to supply chains will likely spur companies

NEW YORK—Starwood Capital Group has made a $325 million strategic investment in mortgage lender TPG RE Finance.  Its non-voting investment, made in the form of preferred stock and detachable warrants to purchase the company’s common stock, comes as the mortgage REIT struggles to regain its footing after issuing a going concern warning that it may

Stockard Channing, treasured mandarin of both stage and screen, has hoisted a secluded home above Laurel Canyon in L.A.’s Hollywood Hills up for sale at almost $2.5 million. The Emmy and Tony winner, nominated for an Oscar in 1995 for “Six Degrees of Separation,” and most recently seen on New York and London stages in

Los Angeles-based CBRE Group made public several initiatives to help its employees and give back to the communities it operates in, according to the company’s recently-published Corporate Responsibility Report. “Our people have stepped up to help clients navigate COVID-19′s challenges and also answered the call within their communities. In addition, we organized the largest fundraising

It’s not all rainbows and sunshine for Jane Gottlieb. Tired of the drab houses that lined her upscale Santa Barbara, Calif., neighborhood, the 70-year-old artist decided to paint hers a rainbow of colors. Her goal was to brighten people’s days, according to the Daily Mail, but unfortunately, not all residents supported her vision. “I don’t

A qualified zoning consultant can help you navigate the changing landscape, keep transactions in motion and maintain compliance. Keeping deals on track during the pandemic requires us to stay abreast of constantly shifting limitations and restrictions on the way we do business. While municipalities are easing restrictions now for the sake of allowing businesses to

Small business owners have tapped into personal savings accounts to keep their businesses afloat during the pandemic. According to data from Los Angeles-based Enterprise, 31.4% of small business owners have used personal funds in the last two months toward their businesses. The same study also showed that nearly 20% of business owners worry about going

There’s a long-held (and not entirely accurate) real estate adage that the primary reasons people choose sell their home in a sagging economy and/or downward trending property market are the three D’s: death, divorce and debt. In the case of a secluded home in the foothills above L.A.’s Studio City community, it appears to be