Buy & Sell

Plaza Hotel May Sell For $600M To India's Sahara Group

India's Sahara Group is eyeing New York City's iconic Plaza Hotel after Israeli owners at El Ad Properties have offered to sell the landmark for $600 million. According to the Economic Times, the Sahara group has already paid a 10 percent down payment for the 105-year-old building following exclusive negotiations between the two real-estate conglomerates. Furthermore, Sahara's founder, Subrata Roy, has made an all-cash offer through Aamby, a Mauritius-based subsidiary, according to the ...

Ukrainian Billionaire Takes Over 14 Wall Street

Ukrainian billionaire Alex Rovt has stepped in to pay off the loans on landmark office building 14 Wall Street, leaving former co-owner Capstone Equities as manager and leasing agent and former co-owner Carlyle Group LP out of the deal, a source familiar with the deal said on Thursday.

Signs of Improvement in US Property Market as Nationwide Prices Rise 0.7%

U.S. residential property prices, excluding distressed sales, increased 0.7% in February compared to the previous month, according to the latest report of Home Price Index from CoreLogic.
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