Real Estate

Bradley Cooper’s Homes: A Peek Inside His Real Estate Portfolio

Bradley Cooper’s homes are what you may expect for a star of his caliber: an NYC penthouse and multiple California pads. His recent rumored purchase, however, is something a bit more unexpected—but more on that later.

The Maestro filmmaker is up for several Oscars this year, marking a tremendous benchmark in his creative trajectory. He’s come a long way from his early breakout roles in Wedding Crashers and The Hangover, and over the years the multihyphenate’s real estate decisions have been measured and intentional. The care that he pours into each residence shows. The Nightmare Alley star worked with designer Santillana de Chanaleilles to completely reimagine his Venice bungalow, for instance. Below, we’ve rounded up several of Cooper’s most distinguished homes, each with its own personality and flair.

Venice bungalow starter home

When Cooper purchased his first home—a $1.19 million secluded bungalow in Venice Beach—in 2004, he had already

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Real Estate

Aspen’s tiny homes for teachers illustrate how Americans are getting boxed in by real-estate prices

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John Fisher, a high-school woodworking teacher in Aspen, Colo., has helped students to build tiny houses like this one for school district employees. ‘Going to be cozy,’ Mr. Fisher says of the houses.Photography by Nathan VanderKlippe/The Globe and Mail

John Fisher steps into the shell of a small structure that his students have steadily been building into a future home for one of their teachers. The teenagers that walk the halls of his school, Aspen High, include the scions of America’s most storied business dynasties. Descendants of the families that built Hilton hotels and Walmart have attended this unique institution, with its parking lot that connects to a chairlift climbing the nearby slopes.

But the home these students are building would make a tight fit for corporate royalty. Mr. Fisher, the high school’s woodworking teacher, laughs when he describes its key feature: “Efficiency,” he

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Real Estate

Toronto's housing downturn has spurred an exodus of realtors

Not a lot surprises Cailey Heaps when it comes to buying and selling houses. Having spent more than 25 years as a broker in Toronto’s competitive real estate landscape, she has navigated almost every type of market, adapting to the ebbs and flows of sales activity.

That’s why, when she was hired to sell a classic, three-bedroom brick house in midtown’s tony Davisville Village in 2021, she knew what to expect — it would be business as usual. But it wasn’t: she and her team were met with a frenzy of inquiries, endlessly ringing phones, back-to-back showings, and packed open houses.

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Real Estate

Calgary Real Estate Board opposes citywide rezoning plans

The Calgary Real Estate Board (CREB) said they believe a proposed citywide rezoning would make the city’s housing crisis worse, citing infrastructure strain, neighbourhood congestion and it not creating the type of housing that will ease the supply crunch.

In advance of an April 2024 public hearing on Calgary’s citywide rezoning, which was part of a comprehensive suite of tools the City believes will address local housing issues, CREB’s media release stated that a more nuanced approach is needed.

“Blanket rezoning is not the right solution to address Calgary’s housing challenges. It poses a significant risk to communities, driving up the level of congestion in neighbourhoods and putting added strain on infrastructure and service quality,” said Hong Wang, Chair of CREB’s Government Relations Standing Committee, in a prepared media statement.

“We oppose this approach and advocate for a more community-focused strategy to respond to Calgary’s housing shortage, shifting the focus

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Real Estate

Commercial Real Estate Lending Threatened by New Rules for Banks: MBA

  • Basel III proposals would cripple commercial property financing, MBA CEO Bob Broeksmit said. 
  • The proposed regulation would require banks to maintain more capital to protect against loan losses.
  • “Basel III could be the end of bank real-estate finance as we know it,” Broeksmit said. 

Proposed rules that would require bank lenders to maintain a thicker capital buffer to protect against losses will intensify ongoing real estate turmoil, the head of the Mortgage Bankers Association said this week. 

MBA CEO Bob Broeksmit slammed the proposal, saying that it threatens to hold back bank lending and stifle liquidity in the commercial property sector. 

“They’re called the ‘end-game proposal,’ but only one of those words is accurate. Basel III could be the end of bank real-estate finance as we know it,” Broeksmit said

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