Buy & Sell
Lakers Legend Jerry West Buys $1.3 Million Condo for Son
Beckhams Set to Sell 'Beckingham Palace' for $15 Million
Gwyneth Paltrow Ruins Chris Martin’s “Coldplay Dreamhouse” Buying Plans
EDITOR'S PICKS
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Mortgage Rates Jump Back Above 6% After Iran Strikes Push Oil Prices And Treasury Yields Higher
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Jim Curtis Lists Seaport Loft-Style NYC Apartment With Brooklyn Bridge Views For $1.525M Amid Jennifer Aniston Romance
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Justin Baldoni Lists Renovated 10-Acre Solar-Powered Ojai Sanctuary For $8.88 Million As Trial Nears With Blake Lively
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Richard Dean Anderson's $45 Million Malibu Retreat: Inside His Hidden Celebrity Property Portfolio
A recent report released by TASWEEK Real Estate Marketing and Development, a major real estate firm, revealed that the rising confidence in the markets of Dubai and the strong foundation fundamentals in the markets of Abu Dhabi have led the growth in the real estate sector of U.A.E. The report also asserted that real estate market conditions have experienced a strong growth rate since the start of 2013 China Home Prices Accelerate in March on Government Imposed Property Curbs; Beijing and Shanghai Step Up to Cool Market
Average home prices in major Chinese cities accelerated commendably in March, after the government urged local administrations to tighten rules to cool the hot real estate market. Following the rush, Shanghai and Beijing increased restrictions on property transactions. Late Billionaire Teddy Forstmann’s Southampton Estate Under Contract for $28.5 Million
The late billionaire and founder of Forstmann Little and Company, Teddy Forstmann’s Southampton beach residence is finally in the escrow for around $28.5 million after sitting unclaimed for almost a year. The residence was first listed in March 2012 for around $34 million. After a couple of price chops, the home is finally under contract to sell. Update: Martin Zweig’s Pierre Penthouse to Officially Ask for $125 Million
Just a week earlier, news about financial expert, Martin Zweig’s penthouse atop the Pierre Hotel hitting listing market was out. It was estimated to be listed at $120 million. However, the posh residence has exceeded expectations and the listing price has been fixed at $125 million. Though the listing has not appeared in public, agents have already determined its price. Housing Market Recovery: What's Different This Time?
Housing market recovery is more than an optimistic dream now; it’s a reality with tangible components. Existing home sales increased for the 20th consecutive month and existing home prices have beaten last year levels for the 12th consecutive month, as well. Update: Cole Credit to Consider American Realty’s $6.7 Billion Buying Bid; Shareholders Request Blocking Internal Merger
The Buyout bid of American Realty Capital Properties to take over Cole Credit Property Trust is now seeing some improvements. Cole Credit will be considering the increased and improved takeover offer worth $6.7 billion.Additionally, shareholders of Cole Credit have filed a lawsuit against the company seeking to block the Cole Holdings internal Merger. Hedge Fund Manager Steven A Cohen Snags Hamptons Property for $60 Million
Famous hedge fund manager and founder of SAC Capital Advisers, Steven A Cohen has purchased a water-front property in east Hampton, Long Island for a solid $60 million. The purchase comes just after he listed his apartment in the Bloomberg Tower in Manhattan for a whopping asking price of $115 million. Brooke Shields Dropping $4.3 Million on Southampton Home
Brooke Shields of the “Blue Lagoon” fame is reportedly under contract to buy a charming two-story single-family residence in the Southampton neighborhood of New York for $4.3 million. Shields and husband Chris Henchy are purchasing the property from former American football tight end, Vyto J. Kab. LA Lakers Owner Jerry Buss Leaves Hawaiian Condo and Bentley to Young Girlfriend
Jerry Buss, the dynamic owner of the famous NBA team, LA Lakers is in the news again, after a month of his demise. Buss has reportedly left a swanky condo in Honolulu and a 2009 Bentley car for his much-younger and “longtime” girlfriend, Delia Cortez. InterContinental Hotel Group Agrees to Sell London Park Lane for $457 Million
Intercontinental Hotel Group (IHG), the world’s largest hotel group by room count has reportedly agreed to sell its controlling stake in the London Park Lane hotel, located near Hyde Park and Buckingham Palace, London for $457 million. The buyer is said to be Constellation Hotels, a part of Qatar Holding Investment fund.
