Commercial
U.S. April Construction Spending Increases
The Unbalanced Hotel': Frame Imperfect (PHOTOS)
U.S. Government to Auction off Lighthouses
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
Two foreign investors have purchased a minority stake in the famous General Motors Building in New York for about $1.4 billion, according to several media reports. Protests Ruining Barbie Dreamhouse Experience in Berlin (VIDEO)
Mattel, the toy company that manufactures Barbie® dolls, opened "The Barbie Dreamhouse Experience" in Berlin, Germany on May 16. Since then, the opening has garnered constant censure from 'feminists' and of late, the protests have been mounting, ruining the experience for Barbie fans. CME Group Inc Selling Manhattan Nymex Tower; Hires Real Estate Firms
CME Group Inc. the world’s largest futures exchange firm has reportedly hired two major real estate firms to advise and conduct the sale of the Nymex building, the headquarters of the New York Mercantile Exchange in Manhattan, New York, according to various media reports. Empire State Building IPO Plan Approved; To Be Listed on NYSE
The long debated and controversial appeal to take the legendary Empire State Building, public has finally received all shareholder votes needed to approve the plan. The building will be listed on the New York Stock Exchange (NYSE), according to a regulatory filing, Wednesday, May 29. Morgan Stanley Hoping to Raise $3 Billion for Global Property Fund
Morgan Stanley, the international leader in financial services is reportedly gearing up to revive one of its property funds, Morgan Stanley real estate funds (Msref) to take advantage of a strengthening economy and property market. It hopes to raise capital worth $1 to $3 billion from potential investors for the global fund. American Realty Buying CapLease for $2.2 Billion
American Realty Capital Properties (ARCP), a popular Real Estate Investment Trust (REIT) has agreed to purchase CapLease Inc, another REIT for $2.2 Billion, including debt, according to several reports. U.S. House Prices Return to 2003 Level: Case-Shiller Index
US house prices in March were up 10.9 percent from a year earlier, making it the largest gain in nearly seven years, according to report released on Monday Clarion Partners LLC to Buy Manhattan Office Tower for $225 Million
Clarion Partners LLC, a popular real estate investment managing firm is under contract to buy a vintage office tower near Union Square in Manhattan, New York City for around $225 million, according to Bloomberg. InterContinental Hotel Group Opens its 200th Hotel in China
InterContinental Hotel Group (IHG), the world's largest hotel group by room count, just inaugurated its two hundredth hotel in China, Tuesday May 28 marking thirty years of its presence in the country. John Hammons, Real estate Mogul Passes Away at 94 (VIDEO)
John Q. Hammons, one of the most prominent luxury hotels and resort developers in the U.S. breathed his last on Sunday, May 26 aged 94. He passed away peacefully at the Elfindale Manor Nursing Home in Springfield, Missouri, according to several media reports.
