Monday, 25 August 2025

News

Why Lenders Lose Interest in High-end Condo Projects

Banks are cutting down their lending to luxury condo according to an interview by the The Real Deal with lenders and brokers. However, developers remain positive and confident that their product will continue to sell. They also try new ways to regain financing to continue with their business venture.

New Homes in Perth to Slide Down Further

New homes in Perth have remain low since December 2015. The Australian property market has already cooled according to previous reports. Prices have slackened in markets like Brisbane, Adelaide and Perth.

'The Big Short' is Hollywood's Depiction of the Financial Crisis and Real Estate Bubble

For real estate experts, watching "The Big Short" is reliving the heart-wrenching memories the real estate bubble of mid-2000 brought to countless homeowners and tenants.

EDITOR'S PICKS

Slovakian Architects Transform a Communist Government Building Into Modern Apartments

A team of architects turns an uninspired post-Cold War building into modern, functional and attractive apartments.
By Staff Reporter
Robert De Niro Net Worth: Veteran Actor Reportedly Wants to Open a Hotel in London

Real-life Godfather: Robert De Niro is rumored to be opening a boutique hotel in London, aside from already owning several real estate properties and high-end restaurants in New York.
By Staff Reporter
Unique Airbnb Rentals: Disney Princess-Themed Houses

Be our guest: These unique homes will definitely take you to a whole new world, no magic carpet needed.
By Staff Reporter
Study: Having Trader Joe's and Whole Foods in the Neighborhood Increases Home Value

Aside from having your favorite cookie butter nearby, there's another reason having Trader Joe's and Whole Foods is good news for everyone in the neighborhood.
By Staff Reporter
Clarion Acquires Hollywood Media Campus in LA for $61M

The historic Eastman Kodak site in Hollywood was purchased by Clarion Partners from Lincoln Property Co. for a whopping $61.3 million in an off-market deal.
By Staff Reporter
Pinnacle Group Acquires Rental Building in East Flushing for $43M

The Pinnacle Group, headed by Joel Wiener, purchased another rent-regulated building in the outer boroughs, a 145-unit East Flushing multi-family property.
By Staff Reporter
Housing Preservation Department Reveals There are 250 Buildings That Have More Than 25,000 Hazardous Violations

New York City's Housing Preservation Department Commissioner, Vicki Been, has published this week her own list that identifies 250 multi-family buildings with a combined 25,000-plus hazardous violations.
By Staff Reporter
De Blasio to Announce $2.5B Brooklyn-Queens Streetcar Line Proposal from Brooklyn Queens Connector

A non-profit advocacy group called Friends of the Brooklyn Queens Connector has proposed a streetcar line to connect underserved areas of the boroughs.
By Staff Reporter
Super Bowl 50: Charlotte Better in Housing Affordability Compared to Denver

Charlotte beats Denver, not in the Super Bowl 50, but in housing affordability. Realtor.com knows how these two teams’ cities measure up in housing.
By Staff Reporter
Tips for First-Time Home Buyers

You decided to buy your first home, but you don’t know how. It is exciting and frightening at the same time, and you don’t know what to expect.
By Staff Reporter