Tuesday, 01 July 2025

Commercial

'Fifty Shades of Grey' Escala Condo Sells for $6.2 Million

A penthouse unit at the downtown Seattle condominium tower Escala where a scene from the popular romance series "Fifty Shades of Grey" fictionally takes place, has sold for a cool $6.2 million, according to a report.

One Day Live Real Estate Marketing Seminar in Toronto to Focus on 'Condo Mastery' (VIDEO)

A one day live real estate marketing seminar will focus on the concept of “Condo Mastery” or the effective and efficient ways of selling condominiums. The seminar will be given by Roman Bodnarchuk, marketing expert and founder of N5R, Toronto’s #1 apartment marketing and sales agency.

US Postal Service Selling Off Historic Buildings

The U.S. Postal Service (USPS) has been trying to unload its office buildings in an effort to cut down on expenses and refurbish the losses it had incurred over the past few years. Some of these buildings contain historical murals of the New Deal era (1933 to 1939) and are of immense architectural value.

EDITOR'S PICKS

Update: Cole Credit Trust Refuses American Realty’s $5.7 Billion Acquisition Offer

Cole Credit Properties Trust Inc has declined the $5.7 billion acquisition offer that American Realty Capital Properties had offered. The company has rejected the bid stating that the offer was not in the best interests of its shareholders and it would pursue buying Cole Holdings Corp.
By Rapti Gupta
Home Equity is Back After 4-Year Leave

For the first time in 4 years, homeowners are withdrawing more cash from their home’s equity than they are depositing, Capital Economics reports.
By Staff Reporter
Andy Griffith Widow to Demolish Actor's House

Cindi Griffith, widow of Andy Griffith, was granted permission to bring down the house where her late husband lived for many years in North Carolina.
By Staff Reporter
Conwert Immobilien Invest SE to Purchase German Real Estate

Conwert Immobilien Invest SE (CWI) announced plans to purchase German residential real estate, in a bid to focus more on buying and renovating apartment blocks, according to a statement.
By Staff Reporter
‘Brokur’: The New Real Estate Match-Making Website

‘Brokur’, a brand new real estate search website has debuted in the market with hopes of creating a “dating site for real estate”. However, the match-making is not focused on the romance between real estate professionals but more enthused about matching prospective home buyers with the right brokers.
By Rapti Gupta
Realty Mogul Site Goes Live, Offers Real Estate Crowdfunding Platform

Realty Mogul, a Los Angeles-based site where accredited investors can pool their money to back real estate deals, is going live today.
By Staff Reporter
KLM Royal Dutch Airlines Gets New Designer Business Class Interiors

KLM Royal Dutch Airlines revealed the interiors of its new designer business class flying experience on March 19. 2013. Designed by famous Dutch designer, Hella Jongerius, the new interiors include savvy full-flat seats and recycled fabrics.
By Rapti Gupta
MIG Real Estate Expanding in Arizona; Acquires Two Hotels

MIG Real Estate, a major California-based real estate firm announced its expansion in the state of Arizona with two new hotel acquisitions in its capital city, Phoenix. MIG’s expansion comes as an effort to invest more in the growing real estate market of the U.S.
By Rapti Gupta
Farallon Capital Launches New Real Estate Fund Worth $400 Million

Farallon Capital Management LLC, a global investment firm is launching a new real estate fund seeking to raise up to $400 million. the company has set aside a separate fund exclusively for its asset class and hopes to pitch the fund to its existing investors to gain a 20 percent internal rate of return.
By Staff Reporter
Farallon Capital Management Creating Real Estate Fund: Report

Hedge fund firm Farallon Capital Management LLC is creating a new real estate fund of about $350 million to $400 million, according to a Reuters report.
By Staff Reporter