Commercial
BlackRock Buying MGPA Private Equity Firm Marking its Debut in Asian market
Yahoo Moving Office to New York’s Times Square
Sirius Real Estate Gets Extension onf 43.3m Euro Loan
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
In the latest Saudi Arabia International Real Estate Conference (SAIREC) held by the National Real Estate Committee of Saudi Arabia in association with Al-Iktissad Wal-Aamal Group, it was announced that a new administrative body, a real estate authority will be established in the country to look after the real estate sector Touring a “Glass-House” Shaped Cupcake Bakery (PHOTOS)
To enhance the experience of cupcakes, J.C. Architecture has designed a beautiful house-shaped glass cupcakery for the new confectionary experts, Les Bebes based in Taipei, China. Apparently, the architects derived the idea of the house-shaped façade from the packaging or rather, the cake boxes. Zaha Hadid to Design Metro Station in Riyadh (PHOTOS)
The famous architect of the generation, Zaha Hadid and he firm have won a competition to build the King Abdullah Financial District Metro Station (KAFD) in Riyadh, Saudi Arabia, according to an announcement made by the ArRiyadh Development Authority, the government authority which is responsible for the city’s socio-economic, cultural and environmental development. General Growth Properties Sells Stake in Mall for $410 Million; Enters into Partnership with TIAA-CREF
General Growth Properties Inc (GGP), a popular Real Estate Investment Trust (REIT) has sold its stakes in the famous Grand Canal Shoppes Mall and the Shoppes at Palazzo in the sin city, Las Vegas for a good $410 million. GGP, which owned the mall completely, sold 50 percent of the stake to TIAA-CREF, a national financial services organization for the aforementioned price, thus entering into a partnership deal Empire State Building IPO Plan on the Verge of Shareholder Approval
The controversial move of taking the historic Empire State Building public is almost on the verge of gaining majority approval from shareholders, as 79.6 percent of unit-holders have voted for the plan. An 'Upside Down Barefoot Mailman' Comes to Bal Harbour
An “Upside down barefoot Mailman” has reportedly set its “head” in the Founders Circle at Bal Harbour, a small village on the northern tip of Miami Beach, Florida. Ares Commercial Real Estate to Acquire Alliant Capital LLC for $62.8 Million
Ares Commercial Real Estate Corporation (ACRE) has reportedly entered into an agreement to buy Alliance Capital LLC, a real estate financial service firm owned by The Alliant Company LLC and the Alliant Inc for around $62.8 million, according to a press statement. Larry Flynt's Hustler Magazine Headquarters in Beverly Hills Sold for $89 Million
The 10-story Beverly Hills headquarters of Hustler Magazine, published and managed by Flynt Publications owner, Larry Flynt has sold for $89 million. The buyers were identified to be popular real estate investment trust, Douglas Emmett Inc. Barbie Dreamhouse Experience Opening in Berlin
Another stroke of marketing genius/desperate effort to raise sales, has made its way into the market with Mattel, the toy company that manufactures Barbie® dolls, opening “The Barbie Dreamhouse Experience” in Berlin, Germany May 16, 2013. Builders Submit Bids for Seward Park Lot Development
Plans of improving the Seward Park Lot on the Lower East Side of New York City have received a fresh boost as many affluent developers have submitted their bids to develop the six acre parcel. The large lot has nine separate plots. Bids were solicited for one or more plots.
