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Could Uber “skyports” for LA air taxis be real estate’s next big thing?

Posted: 16 Jun 2019 01:00 PM PDT

Uber intends to start its flying taxi service in Los Angeles, complete with “skyport” stations that would include a retail component. Could those skyports be the next big thing in real estate? New details about the ride-hailing company’s Uber Air service show prototype concepts for the sleek landing stations, according to Curbed. Uber wants to build those skyports in cities around the country, starting with L.A. and Dallas in 2023, according to the report. Uber […]

Miami spec home developers buy waterfront Key Biscayne house

Posted: 16 Jun 2019 12:00 PM PDT

A company tied to Miami spec home developers Sergio and Fernando Guardazzi paid $5.2 million for a waterfront house in Key Biscayne. The Guardazzis bought the 4,900-square-foot house with an attached guest house at 220 Island Drive for $1,061 per square foot, records show. Delphia Enterprises, which lists Rodrigo Ernesto Avila Alvarez as a manager, sold the property. Built in 1961, the home has three bedrooms and three bathrooms, while the attached guest house has […]

Discovery Channel founder throws in a car museum and resort to sweeten listing

Posted: 16 Jun 2019 11:00 AM PDT

John Hendricks, the billionaire who founded the Discovery Channel, has re-listed his Colorado ranch — and thrown in a nearby resort and car museum to lure in a buyer. Hendricks, who first listed the property back in 2017, is asking $279 million for the package of properties that cover 8,700 acres in Gateway, Colorado. That’s a major markup over the previous $149 million asking price, but the listing now includes his Southwest-style home along with […]

How many Airbnb hosts are spying on their guests?

Posted: 16 Jun 2019 09:00 AM PDT

Trust doesn’t come easy with home sharing. A recent survey found that about one in 10 Airbnb guests have discovered chidden in their short-term rentals. Property exchange services firm IPX1031 conducted the survey in April, asking 2,000 people about their experiences as Airbnb guests, Inman reported. The survey showed that 11 percent of the respondents found such cameras, while 58 percent were concerned “property owners may have hidden cameras within their Airbnb.” At the same […]

Tech-driven insurer Lemonade set to expand into Europe

Posted: 16 Jun 2019 08:00 AM PDT

A company that started selling renters’ insurance in New York, then expanded nationwide, is set to start operating outside the U.S. for the first time in Germany. Lemonade will sell contents and liability coverage in Germany that is comparable to renters’ insurance in the United States, according to the Financial Times. Axa will provide reinsurance for the Lemonade launch in Germany. Lemonade is a widely recognized player in the so-called “insurtech” business: using technology to […]

Korean hotelier and booking platform valued at more than $1B

Posted: 16 Jun 2019 07:00 AM PDT

Yanolja, a South Korea-based hotel operator and booking platform, says fresh funding from investors valued the company at more than $1 billion. The equity investors are Singapore’s sovereign wealth fund GIC and U.S.-based Booking Holdings, a financial backer for several operators of online hotel sites with global reach, according to IPE Real Assets. GIC and Booking Holdings invested €159 million (US$180 million) in Yanolja, which has increased its sales by more than 70 percent annually […]

He got lucky, babe: Tom Petty superfan buys singer’s childhood home

Posted: 16 Jun 2019 06:00 AM PDT

A California real estate agent and self-proclaimed Tom Petty superfan bought the musician’s childhood home in Florida, with plans to turn it into a tourist destination. Kevin Beauchamp learned through a Tom Petty fan page on Facebook that the singer’s childhood home in Gainesville might be put on the market. The California real estate professional got in contact with the owner, according to The Gainesville Sun. The property was never officially listed, but the current […]