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When a German property developer tried to hold a meet-and-greet barbecue for neighbors of its new 68-unit condominium in August, protesters flooded the site, waving signs and dumping piles of garbage before police clad in bulletproof vests halted further unrest.
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Hotelier Sam Nazarian has agreed to sell his minority stake in the SLS Las Vegas hotel and for his company to give up management of the money-losing property on the Las Vegas Strip. Stockbridge Capital Partners, the San Francisco-based real-estate investor that owns 90% of the hotel.
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A childhood home of actress Angelina Jolie Pitt is listing for $2.049 million, according to real-estate agent Richard Ellis of Ellis Sotheby's International Realty.
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You've done all the prep work. Processes are in place. Leads are flowing in. Everyone has his role. Reaching the end-of-year goal seems like it isn't too far away. You just need time and the perseverance to keep plowing through.
But as the months pass by, you notice a little trend. Enthusiasm for the yearly goals fade, and with it motivation.
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An Israeli immigrant who built a vast real-estate empire after moving to the U.S. in 1976 has sold a 24-property portfolio in 12 states to a venture of Northstar Commercial Partners and Real Estate funds for $224 million.
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