Welcome back to the Real Estate newsletter, which this week documents a Southern California market where a half-finished mansion fetched a fortune and a university set a record selling its president’s stately home.
The half-finished mansion belonged to none other than NBA star Kevin Garnett, who never got around to completing the 11,000-square-foot showplace that occupied his scenic spread in Malibu. That didn’t stop him from selling the place for $16 million, though.
CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
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