From a Mercedes-Benz 560 SEC AMG to a ‘Rambo Lambo:’ 5 Supercars From the ’80s and ’90s Just Went Up for Sale

It takes a long time to build a car collection, let alone one made up of a supercars. But a curated assortment of vehicles currently up for sale in Miami will give you a massive head start.

A set of five exclusive cars from the 1980s and ‘90s known as the “Time Capsule Collection” was just listed for sale by Curated, according to a press release from the dealership. And no, the term “supercar” isn’t a stretch here, as the collection includes models from Lamborghini, Mercedes-Benz and Lotus.

Headlining the set are three Lamborghinis, a 25th anniversary Countach, a Jalpa and a LM002, better known as the “Rambo Lambo.” The Countach has a special anniversary body kit, a sumptuous Nero Tenebre over Cream interior and just 2,600 miles on the odometer. The Jalpa, meanwhile, is the only Nero over Nero example, still wears its original tires and is believed to

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The best car vacuum to buy for 2020

Keeping the inside of your car clean is important — even if you’re the only person who sees it. Not only can dirt, dander, dust and crumbs make your car feel less cozy, the buildup of debris can irritate allergies and other conditions.

There are several vacuum cleaners designed specifically for smaller spaces, making it easy to clean and preserve your vehicle’s interior as a spotless sanctuary. They’re more maneuverable than regular household vacuums and most shop vacs, and many are cordless and lightweight. They’re uniquely for your car though, as most are too small or not powerful enough to clean a house (the Dyson V11 excluded).

Car vacuums come in handy. The only difficult part is finding which cleaner is right for you. Should you get a wet/dry vacuum cleaner? A cordless battery model? A handheld vac?

We’ve compiled a list of the best car vacuum options that cut

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Chicago Multifamily Suffers While Home Sales Market Rebounds, But For How Long?

The ability of renters to keep making their monthly payments buoyed the multifamily market over the past seven months. The dire predictions of early spring, when many observers predicted calamity, have not come true. 

“Relative to other commercial real estate product types, multifamily is still strong,” Kiser Group Managing Broker Lee Kiser said.

But that doesn’t mean the housing market is healthy.

Cracks in the multifamily foundation have appeared as the coronavirus pandemic continued to sour the economy and some residents of large urban properties began to exit.

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Bisnow/Brian Rogal

South Loop residential towers

Kiser said the real challenge for the multifamily industry is that the properties most responsible for the sector’s recent success are precisely the ones most likely to suffer in a pandemic. Class-A luxury buildings with a lot of amenities, located near dining and entertainment options and public transportation, just don’t have the same cachet.

“No one

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Playa Hotels & Resorts N.V. Announces the Sale of Dreams Puerto Aventuras

FAIRFAX, Va., Nov. 04, 2020 (GLOBE NEWSWIRE) — Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the “Company”) today announced that it has entered into a binding agreement with a third party to sell the Dreams Puerto Aventuras for a total consideration of $34.5 million in cash.

“The opportunistic sale of this resort aligns with our objective of pruning non-core assets and enhancing our liquidity position,” said Bruce Wardinski, Chairman and CEO of Playa Hotels & Resorts. “The ability to get transactions done during times like this is a testament to the quality of our portfolio and the long term potential of our markets.”

The sale of the resort is subject to customary closing conditions, and the Company offers no assurances that this sale will be completed. The Company expects the transaction to close in the first quarter of 2021.

About Playa Hotels & Resorts N.V.
Playa Hotels & Resorts N.V.

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Latest England Lockdown Will Not Have the Same Severe Impact on Property Market as It Did in the Spring

England is set to begin its second coronavirus lockdown on Thursday to control the growing spread of coronavirus, but the impact on the real estate market is likely to be less severe than during the spring shutdown.

Rather than shuddering to a halt, as it did during the spring when the industry was essentially shuttered, during this lockdown, slated to be in place until Dec. 2, the real estate market is expected to remain as buoyant as it has been since those initial measures were lifted, according to property experts.


“This time around, it’s business as usual as the property market remains open,” said Marc von Grundherr, director of estate agency Benham and Reeves. “If anything, we may well see a second surge of buyer demand from those that will find themselves with more time on their hands and may choose to look to purchase now ahead of Christmas.”

Prime

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A Man in India Was Conned Into Buying “Aladdin’s Lamp” for $41K

A photograph of an Aladdin figure meeting the genie after rubbing the magic lamp (photo by JD Hancock/Flickr)

Last week, a man in India learned the hard way that Aladdin is, in fact, a fictional character. Police in the Indian state of Uttar Pradesh arrested two men for allegedly duping LA Khan, a local physician, into buying an Aladdin’s lamp for tens of thousands of dollars, promising that it would bring him wealth and health.

According to the Indian news agency NDTV, the swindlers initially requested more than $200,000 for the oil lamp but settled for a down payment of $41,600.

The doctor filed a complaint with local police in Meerut, in western Uttar Pradesh, on October 25. He told the police that he first met the two men while treating a woman he thought was their mother. He visited the supposed patient at her house for over a month.

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MGIC Investment Corporation Reports Third Quarter 2020 Results

MILWAUKEE, Nov. 4, 2020 /PRNewswire/ — MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the third quarter of 2020. Net income for the quarter was $130.8 million, or $0.38 per diluted share, compared with net income of $176.9 million, or $0.49 per diluted share, for the third quarter of 2019.

Adjusted net operating income for the third quarter of 2020 was $149.9  million, or $0.43 per diluted share, compared with $173.6 million, or $0.48 per diluted share, for the third quarter of 2019. We present the non-GAAP financial measure “Adjusted net operating income” to increase the comparability between periods of our financial results. See “Use of Non-GAAP financial measures” below.

Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation (“MGIC”) said, “Our third quarter financial performance improved compared to the second quarter primarily as a result of

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Citadel Center owner refinances with $448 million loan

It’s the largest new mortgage this year tied to an existing downtown office property, according to research firm Real Capital Analytics, a big bet on the future of the downtown office market during a COVID-19 crisis that has clouded its future. But the new loan is far from the payday Angelo Gordon and Hines were targeting 18 months ago when they hoped the 37-story building would fetch as much as $750 million in a sale.

The new mortgage replaces $472 million in debt that had been packaged with other loans and sold off to bondholders and was due to mature next month, according to Bloomberg data tied to the loan. That debt was split into a $400 million “A-note” and a $72 million “B-note,” the latter of which would only be paid off if the property hit certain performance targets.

Commercial loan research firm Trepp reported this week that the

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Militaries of South Sudan, Uganda confirm clash near border

JUBA, South Sudan – South Sudan’s army has accused Uganda’s army of making a “major incursion” into its territory that led to fighting in which two South Sudanese soldiers were killed. Uganda’s military confirms an “incident” between the two armies but says it happened within Uganda.

South Sudan in a statement alleged that the Ugandan military crossed the border Tuesday in Magwi county in Eastern Equatoria state with heavy artillery and forced the small number of South Sudanese forces there to retreat. A counterattack regained control of the area, the statement said, but one South Sudanese soldier was captured.

South Sudan’s army reiterated its “cordial relations” with Uganda forces but said it was “saddened by chameleonic behaviours of that army,” spokesman Lul Ruai Koang wrote.

He later told The Associated Press that the Ugandan side also saw deaths. He also accused Ugandan forces of killing several other South Sudanese soldiers

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Developer buys property for South Austin apartment project – Business – Austin American-Statesman

Real estate investment firm Rastegar Property Co. said it has completed its acquisition of a South Austin property for a planned apartment project.

Austin-based Rastegar Property said it has purchased 5412 South Congress Ave., which sits on about an acre of land that currently is home to a used car lot.

The property is the third and final acquisition in the firm’s South Congress aggregation that includes 5402 S. Congress Ave. and 106 Red Bird Lane.

The three properties, which encompass about three acres of land, include the two hard corners of Mockingbird Lane and Red Bird Lane with South Congress as frontage.

Financial terms of the deal were not disclosed. The Travis County Appraisal District values the 5412 South Congress property at $980,000.

The tract is in a rapidly redeveloping part of South Congress Avenue near West Stassney Lane that has seen an influx of new apartment and condo

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