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Hits and Misses for the Real Estate Week of Aug. 7-11

Hits and Misses for the Real Estate Week of Aug. 7-11

by Phil Hall | Aug 11, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rental housing designed to stress your budget, a municipal fine against Elon Musk that is not stressing his wallet and a Chinese property developer who is stressing investors. From the wild and woolly world of real estate, here are the hits and misses for this week....
Hits and Misses for the Real Estate Week of July 31-August 4

Hits and Misses for the Real Estate Week of July 31-August 4

by Phil Hall | Aug 4, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, WRE News Exclusive

Elon Musk’s latest tussle with San Francisco’s authorities, a new life for two “Jersey Shore” landmarks and a realtor whose thirst for milk landed him in hot water. From the wild and woolly world of real estate, here are the hits and misses for...
San Francisco Forces Elon Musk to Remove ‘X’ Sign From Top of Twitter HQ

San Francisco Forces Elon Musk to Remove ‘X’ Sign From Top of Twitter HQ

by Phil Hall | Aug 1, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

While Elon Musk has a history of playing by his own rules, the San Francisco Department of Building Inspection has forced him to abide by municipal real estate codes. According to an Associated Press report, the brightly flashing “X” sign that Musk erected last Friday...
Court Gives Colorado Property OK to Evict Elon Musk’s Twitter for Unpaid Rent

Court Gives Colorado Property OK to Evict Elon Musk’s Twitter for Unpaid Rent

by Phil Hall | Jun 14, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A district court judge has granted permission for an office property owner to evict Elon Musk’s Twitter Inc., from its space in a Boulder, Colorado-based complex. According to a BizWest.com report, The John Buck Co. and Lot 2 SBO LLC, co-owners of the S’Park...
Elon Musk Blamed for Goldman Sachs’ CRE Woes

Elon Musk Blamed for Goldman Sachs’ CRE Woes

by Phil Hall | Jun 12, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Elon Musk is being blamed for screwing up Goldman Sachs’ (NYSE:GS) first quarter results for refusing to pay rent on his Twitter offices. The Financial Times reported the financial institution was burdened by a spike in commercial real estate loan delinquencies during...
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