• +714 312 6568
  • This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Pacific:Mon-Fri 8:00-17:30

This week in celebrity real estate: LeBron James buys yet another Brentwood estate, Pistons owner Tom Gores regains his former home… and more


This week in celebrity real estate: LeBron James buys yet another Brentwood estate, Pistons owner Tom Gores regains his former home… and more By Natalie Hoberman | December 08, 2017 05:00PM Big Sean and Tom Gores (Credit: Getty Images) Basketball star LeBron James dropped $23 million to acquire a 15,850-square-foot mansion in Brentwood this week. That’s $2 million more than he paid when he purchased a house in the same neighborhood just two years ago. This time, the newly-built property includes eight bedrooms, a cigar room and beer on tap. Santiago Arana of the Agency brokered the deal for the four-time NBA champ. In an unexpected turn of events, Detroit Pistons owner and Platinum Equity chief exec Tom Gores paid $38 million to buy his former home in Beverly Park. He sold the home last year as part of a switcheroo deal where Gores traded several properties to acquire the...
Continue reading
0 Hits
0 Comments

Trump says Wells Fargo could pay more fines for mortgage lending abuse

image
image
image
image
image

Trump says Wells Fargo could pay more fines for mortgage lending abuse Consumer Financial Protection Bureau head promises changes December 08, 2017 05:00PM From left: President Donald Trump (credit: Getty Images), Wells Fargo CEO Tim Sloan and Mick Mulvaney President Trump says that Wells Fargo won’t escape penalties linked to alleged mortgage lending abuse, tweeting that the bank may face even higher fines. The president’s tweet follows reports that the interim head of the Consumer Financial Protection Bureau, Mick Mulvaney, was reviewing whether or not the bank would have to pay tens of millions of dollars as part of previous settlement agreements, CNBC reported. One of the settlements was related to Wells Fargo charging borrowing fees to secure low mortgage rates, a practice that the bank admitted led to a “substantial number” of customers being charged inappropriately . “Fines and penalties against Wells Fargo Bank for their bad acts against...
Continue reading
2 Hits
0 Comments

Wildfire destroys Bel Air home of former NBA player Andrei Kirilenko


Wildfire destroys Bel Air home of former NBA player Andrei Kirilenko The Russian hoopster bought the home for $5.5 million in 2015 December 08, 2017 03:00PM     Andrei Kirilenko and his Bel Air house (Credit: Wikimedia Commons, Redfin) The wildfire ravishing pricey properties in Bel Air has claimed the home of former NBA player Andrei Kirilenko, the Los Angeles Times reported. The Skirball fire destroyed Kirilenko’s 4,350-square-foot property on Linda Flora Drive, one of at least six in the wealthy enclave lost to the blaze. His former Brooklyn Nets teammate, Jason Collins, tweeted the news. I have left my home because my area is under voluntary evacuation, but my thoughts are with my former teammate Andrei Kirilenko & his wife Masha whose house was lost in today’s fire. #SkirballFire — Jason Collins (@jasoncollins98) December 7, 2017 Kirilenko, current commissioner of the Russian Basketball Federation, purchased the home in 2015...
Continue reading
2 Hits
0 Comments

“Million Dollar Listing LA”: All in the Family


“Million Dollar Listing LA”: All in the Family Recap of season 10, Episode 5 December 08, 2017 02:11PM Madison Hildebrand and Josh Altman They say “home is where the heart is.” Yet in the case of this episode, home is where the drama is. Josh Altman is struggling to balance the needs of his sellers at Dovetail, and those of his pregnant wife Heather. Madison Hildebrand is ready to take the infamous “next step” with Cody, who needs to meet his broker boyfriend’s parents to reach peak relationship status. Here’s where we left off: Meet the parents Madison is taking time off from real estate this episode to focus on “the next step” with his boyfriend Cody. Things appear serious enough that Madison wants to bring him home to Arizona for a family reunion, because nothing says “I love you” more than subjecting your significant other to swarms of relatives....
Continue reading
2 Hits
0 Comments

Hilton & Hyland hires team from Halton Pardee, JLL names a new exec… & more


Hilton & Hyland hires team from Halton Pardee, JLL names a new exec… & more By Natalie Hoberman | December 08, 2017 01:00PM Mick Partridge and Justin Alexander (Credit: Hilton & Hyland, Wikimedia Commons) Luxe residential brokerage Hilton & Hyland poached Justin Alexander and Mick Partridge — also known as Alexander Partridge — from the Venice-based Halton Pardee and Partners this week. Alexander previously served as director of sales at Halton Pardee, while Partridge was one of the six listing agents on the team. The duo specializes in properties in Beverly Hills’s Platinum Triangle and on the Westside. Reid McCartney joined commercial brokerage JLL this week as its new executive vice president and Los Angeles market lead of the Project and Development Services team. McCartney, who previously worked at Tesla, will oversee the direction, management and execution of projects for the firm. Developer TruAmerica Multifamily, based in Sawtelle, promoted Matthew...
Continue reading
5 Hits
0 Comments

National Cheat Sheet: Inside commercial real estate’s data wars, new leaders named at Elliman and Related … & more

National Real Estate News
Clockwise from top left: The Skirball wildfire threatening the Los Angeles area, New York City Mayor Bill de Blasio, Art Basel in Miami, and Andrew Right, Anthony Foxx, Stephen Ross of Related. Who will lead commercial real estate’s data revolution? With data increasingly considered a sacred resource in commercial real estate, a battle is raging between the companies that control the information used in many transactions. CoStar Group, the longtime industry leader, is fighting off competition from its main rival Xceligent and many other smaller firms, leaving brokers, landlords and other real estate professionals caught in the middle. CoStar and Xceligent are not only fighting in court, but have also launched PR attacks on each other, complete with reports of data piracy and even sex trafficking. [TRD] Realtors: GOP tax plan will lower coastal home values and inventory The National Association of Realtors predicts that changes to property taxes, mortgage...
Continue reading
0 Hits
0 Comments

Rexford Industrial buys Inglewood FedEx building for $54M


Rexford Industrial buys Inglewood FedEx building for $54M The property is fully leased to FedEx until 2031 December 08, 2017 11:00AM 687 N. Eucalyptus Ave, Inglewood CA (Credit: JLL) Rexford Industrial Realty has scooped up the 143,400-square-foot industrial building home to FedEx at 687 N. Eucalyptus Avenue in Inglewood sold for $53.9 million — or $376 per square foot, CoStar reported. The property’s sellers were MetLife, Inc. and Panattoni Development Company, Inc., which jointly acquired the site in December 2015 for $7.4 million. FedEx fully leased the customized building in 2016 and will stay on as the main tenant until 2031. Cushman & Wakefield’s Kelli Snyder, Michael Condon, Edward Hernandez and Mike Adey had the listing. Rexford’s in-house brokers represented the investment trust. Rexford is continuing to nab industrial properties on the heels of its massive $211 million acquisition of a six-building campus in Compton, marking the South Bay’s biggest sale...
Continue reading
2 Hits
0 Comments

LeBron James snags another Brentwood home for $23M


LeBron James snags another Brentwood home for $23M Could he be thinking about joining the Lakers next year? December 08, 2017 10:00AM LeBron James (Credit: Wikimedia Commons, Max Pixel) LeBron James is now two-for-two in Brentwood. The four-time NBA MVP dropped $23 million to acquire a second home in the wealthy enclave, just two years after spending $21 million on another property nearby , the Los Angeles Times reported. The two-story mansion boasts eight bedrooms and nine-and-a-half bathrooms over 15,850 square feet of living space. Amenities at the newly constructed, Traditional-style estate include a wine cellar and cigar room, sauna, swimming pool, home theater and outdoor barbecue area complete with beer taps. Santiago Arana of the Agency brokered the deal. The 32-year-old James — a three-time NBA champion — currently plays for the Cleveland Cavaliers, but will be a free agent after this season. His Brentwood neighbors include Snap Inc.’s...
Continue reading
2 Hits
0 Comments

Multimillion-dollar Bel Air homes obliterated by LA wildfire


Multimillion-dollar Bel Air homes obliterated by LA wildfire Southern California fires continue to devastate region December 08, 2017 09:00AM A wildfire burns in Bel Air, California (credit: Getty) UPDATED at 10:40 a.m.: A quartet of wildfires continues to devastate Southern California, with the Skirball Fire in Los Angeles tearing through a handful of multimillion-dollar homes in Bel Air. At least six homes in the hills of Bel Air — the most expensive neighborhood in Los Angeles — were totally destroyed on Wednesday, according to the Wall Street Journal. Zillow estimated them to be worth about $20 million. Roughly 1,700 homes were located in mandatory evacuation zones from the Skirball Fire, and Zillow has estimated that their total value at $6.4 billion. The fires have torched 116,000 acres across Southern California so far and are still going strong despite nonstop work from thousands of firefighters. Addresses of the damaged homes in...
Continue reading
2 Hits
0 Comments

Masa Son has brought his billions to Compass. What happens next?


From left: Robert Reffkin, Ori Allon and Masayoshi Son (Photo illustration by Lexi Pilgrim for The Real Deal) A five-year-old New York-based residential brokerage has now raised more than $750 million in venture capital. Let that sink in. Just a month after raising $100 million in a Series E round, Compass received a $450 million infusion from SoftBank, the company announced Thursday, giving it a new valuation of $2.2 billion. The capital makes Compass the richest brokerage in the country – no one else even comes close– and sets it up to make a flurry of acquisitions in coming months. In this, it mirrors WeWork. The shared-office space company hit a valuation of $20 billion earlier this year after its most recent investment round, also led by SoftBank, a Japanese conglomerate that is transforming the world of venture capital through its $97.7 billion Vision Fund. Since launching in May, the...
Continue reading
2 Hits
0 Comments

ACTN consortium will complete the civil works for Cuenca Tram Project





The ACTN Consortium was selected to complete the civil works of the Cuenca Tram. It is composed of Alstom, CIM (Compagnie Internationale de Maintenance) and NGE Group (TSO and NGE contracting). The Consortium will perform the construction of the workshop yard, the preparation of the road platform and the implementation of the technological systems (SIR) for the transportation of the low-voltage system. “With over 35 years contributing to Ecuador´s infrastructure, Alstom continues to seek ways to provide modern and sustainable solutions to respond to the country’s transport needs. Alstom, with its partners, is dedicated to the successful completion of the Cuenca Tramway line. Looking further ahead, Alstom expects to expand its operations to provide the same high quality and efficient solutions to the rest of the country, in order to benefit the Ecuadorian population” said Ludovic D’Hauthuille, Managing Director for North LAM at Alstom. “At CIM, we and our teams...
Continue reading
1 Hits
0 Comments

National Carbon Capture Center Surpasses 100,000 Hours of Technology Testing

image
The National Carbon Capture Center, a U.S. Department of Energy (DOE)-sponsored research facility managed and operated by Southern Company, announced it has surpassed 100,000 hours of technology testing. This milestone marks significant work by the internationally known test facility to accelerate the development of advanced technologies to reduce greenhouse gas emissions from natural-gas and coal power plants. 'It has been an honor for Southern Company to collaborate with DOE, its National Energy Technology Laboratory and our partners at the National Carbon Capture Center to evaluate and demonstrate next-generation carbon capture technologies,' said Southern Company Executive Vice President and Chief Operating Officer Kimberly S. Greene. 'I also commend Southern Company's highly skilled employees, whose commitment to building the future of energy through innovation is at the heart of this achievement.' Since its creation by DOE's Office of Fossil Energy in 2009, the National Carbon Capture Center has worked with third-party technology...
Continue reading
3 Hits
0 Comments

FREE webinar - Making light work of Indium Phosphide laser manufacturing

Enter your email to restore your password Original link
Continue reading
3 Hits
0 Comments

SUEZ announces first Waste-to-Energy project in Southeast Asia

image
Chonburi Clean Energy (CCE), a joint venture company established by SUEZ, WHA Utilities and Power Plc., and Glow Energy Plc. (a subsidiary of ENGIE), has begun work on an industrial  W aste-to- E nergy (WtE) power plant at the Hemaraj Chonburi Industrial Estate in Chonburi, Thailand. The facility is the first WtE plant in Southeast Asia to meet European emission standards. With a designed operating capacity of 8.63 MW, the US$59-million facility will have a contracted capacity of 6.90 MW and handle a waste volume of about 100,000 tons per year. Construction is due to be completed by Q4 2019 and CCE will provide operation and maintenance services for 20 years. 'SUEZ is proud to offer its innovative solutions, specialty and management expertise to assist the Thai government in pursuing sustainability and a circular economy as part of the Thailand 4.0 strategy,' said Steve Clark, CEO of SUEZ Asia. 'The...
Continue reading
4 Hits
0 Comments

AEREON releases new suite of standard, low-NOx, and custom design combustion equipment for BioGas markets

AUSTIN, TEXAS -- AEREON , a leading supplier of environmentally-compliant air emissions control equipment and services, today announced the release of an expanded catalogue of combustion equipment designed for Biogas applications. The new product catalogue provides options from simple standard elevated and enclosed flares to higher performance semi-custom vapor combustion units and top-end performance low-NOx units. The broad product options provide end-users with the choice of lower cost and simpler standard products or high-end emissions performance products that have been recognized as Best Available Control Technology (BACT) by many air boards across the U.S. “As a market leader in the space of air-emission control equipment in many markets, we are excited about extending the product line to give BioGas customers a wider variety of fit-for-purpose options, and providing local service support in all regions to keep our clients compliant in their operations,” said Saeid Rahimian, CEO of AEREON. The new...
Continue reading
1 Hits
0 Comments

Phnom Penh Plans New Automatic Guideway Transit System





















Public Works and Transport Minister Sun Chanthol led a Cambodian delegation from the Ministry on 15 November 2017 to visit the Yokohama Seaside Line Company, which operates the 10.6 km long, 14 station Kanazawa Automatic Guideway Transit (AGT) system in Japan. AGT is a fully automated, driverless, grade-separated transit system in which vehicles automatically move along a guideway, usually on rubber tires. Yokohama Seaside Line Company shared AGT Operations and Control experiences with the Cambodian delegates. More than 50,000 passengers use the AGT every day in Yokohama and there are currently nine AGTs in operation around Japan. According to Mr. Chantol the AGT, proposed for Cambodia’s capital city Phnom Penh, will “run quietly on rubber tires, reducing noise and vibration, with maximum speeds of 60 km/h”. Mr Chanthol added that having an AGT system will be instrumental in alleviating traffic problems in Cambodia’s capital. “The number of residents in Phnom...
Continue reading
1 Hits
0 Comments

Automatic Data Logging For The NEW E6000

Enter your email to restore your password Original link
Continue reading
3 Hits
0 Comments

How Manchester conquered the world

Last week we told you how we celebrated our success as the Export Business of the Yearin the 2017 Pride of Tameside Business Awards.  So this week we thought that we would reveal a few of the impressive statistics and fascinating facts that prompted the panel of judges to present us with this prestigious export trophy . First of all, we have to say that in ‘conquering the world’ we’re following a long-established Manchester export tradition that over the centuries has seen the city hailed as the world leader in cotton, science, aviation, rail and road transport and of course engineering.  Now from our own small corner of the city, we are continuing to uphold this unrivalled international industrial heritage and our industrial incinerators are now in service throughout 150 different countries and across all 7 continents. From the protected environment of Antarctica, where we have supplied two very specialised...
Continue reading
3 Hits
0 Comments

ANDRITZ to supply evaporation plant to Iggesund Paperboard AB in Sweden

International technology Group ANDRITZ has received an order from Iggesund Paperboard AB, a member of the HOLMEN GROUP, to supply a new evaporation plant and rebuild an existing evaporation plant for the pulp mill in Iggesund. Start-up of the new plant is scheduled for the second quarter of 2019 and of the rebuild for the fourth quarter of 2019. The new 7-effect high dry solids evaporation plant will have a capacity of 350 t/h evaporated water. It will replace an old ANDRITZ evaporation line from the 1970’s and significantly enhance energy efficiency at the Iggesund mill. The state-of-the-art technology of the evaporation plant will improve the cleanliness of the condensates produced, which are reused in other processes in the pulp mill. The existing evaporation plant will be rebuilt and upgraded to 220 t/h with modern ANDRITZ lamella technology in effects 1 and 2 in order to meet and exceed the...
Continue reading
1 Hits
0 Comments

Major US Waste-to-energy project using our RAPTOR™ technology honored for green energy innovation!

Enter your email to restore your password Original link
Continue reading
1 Hits
0 Comments
© 2017 CivilEarth. All Rights Reserved.