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Florida real estate firm accused of ‘equity theft’ by St. Louis homeowners
ST. LOUIS — Dianne Allen had been ignoring the calls from a number she didn’t recognize. But after so many, she finally relented. The woman on the other end asked if she was the owner of 8441 Midwood Avenue in Berkeley. “What’s this concerning?” Allen asked. “You could be eligible for up to $2,000 in upfront cash if you agree to use our real estate service,” the woman said. Allen needed some money to catch up on her truck payments. And before the end of that day in August, a notary was at her house, thumbing through papers for her to sign. They gave her a check for $500. “I…
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Blackstone firm eyes new Dallas office with at least 160 workers
An arm of one of the country’s largest real estate investors is planning a new operation in Dallas. Chicago-based Revantage is a global service provider for Blackstone, one of the world’s largest real estate private equity investment managers. Revantage plans to open a new “Dallas corporate office” that will employ a minimum of 160 workers, according to information supplied to the Dallas City Council’s economic development committee. The council will vote this week to provide up to $1 million in economic incentives to Revantage. Revantage would have to sign a lease for at least 50,000 square feet of space in Dallas’ central business district by April 28, 2023, according to…
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Renovated law firm opens as Lawft on Airbnb in downtown Russell
The Lawft Airbnb rental in Russell used to be a law office. The owners kept one of the original windows and law books from the building as part of the decor. Photo by Cristina Janney / Hays Post By CRISTINA JANNEYHays Post RUSSELL — A Russell couple has renovated a former downtown law office built in 1905 into an Airbnb. Jon and Kim Birky bought the building at 620 N. Main in 2020. They renovated half of the 4,000-square-foot upper level into their private residence. The other half is now The Lawft, a four-bedroom, four-bath Airbnb. The couple gutted the upper floor of the building, removing 29 tons of material…
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How Interior Design Firm Taylor Yang Transformed a Vanilla Home in Tiburon, California
When architect and interior design firm Taylor Yang signed on to re-imagine a five-bedroom home in Tiburon, California, the existing interiors were what they called “vanilla.” In other words, they were the perfect starting point for the designers to create a transformation. Their work touched virtually every interior surface of the “coastal fresh” contemporary home, which is clad in shingle and clapboard on the outside. While the windows and doors remained, they made architectural interventions, such as exposing the ceiling beams and opening up a tight corner between the living room and study to create space for an open bar. (Hetherington Building was their contractor for these and other elements.)…
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RenoFi raises $14 million as firm seeks to enable affordable home improvement financing
Renovation financing startup RenoFi raised $14 million in Series A funding led by Canaan, with Nyca Partners and CMFG Ventures participating. Why it matters: The company aims to make the surging demand for home improvements affordable by providing financing to its customers. Context: The renovation market is being driven by a combination of aging housing stock, record low inventory, and the COVID-19 pandemic making many homes into hybrid workstations for homeowners. Add in supply chain shocks and high labor demands and those who wish to do renovations are being struck by sticker shock when they get a quote from a general contractor. How it works: RenoFi offers loan origination and…
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