Commercial
Starwood Hotels to Expand into Middle East and Africa by 2017
Nigerian Slum Makoko to Welcome Floating School
William and Kate Making Room For Baby? Royal Couple Improves New Home at Anmer Hall
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
James Franco's Silver Lake abode is now the new home for his "major production" company, reported The Daily Mail. Supermodel Cheryl Tiegs Lists $12 Million Balinese-inspired Estate (PHOTO)
You may recognize Cheryl Tiegs on the cover of three decades-old Sports Illustrated issues, and more recently on "Celebrity Apprentice" as the first contestant to be eliminated. Now she's on another mission to sell her prestigious $12 million Balinese-inspired estate. “Journeys to School” - New York Teen Travels Longest Commute to School in the World (VIDEO)
At the photographic exhibition - "Journeys to School", it was revealed that a Bronx High School of Science student, who lives in Queens, travels the farthest from his home, everyday to reach school. The journey includes two bus trips, two subway trips and a ten minute walk as well! Papal Conclave Boosting Rome’s Struggling Recession Hit Economy and Hotel Business
As the rituals of selection of a new Christian head- the Papal Conclave starts Tuesday, March 12, Rome will not only welcome a new pope but has also been garnering economic hope. Since the announcement of Pope Benedict XVI’s resignation, Pilgrims have been flocking the Italian capital, boosting business for hotels and souvenir shops. Overseas Union Enterprise to Buy Tallest Tower in California, US Bank Tower
Overseas Union enterprise Ltd. (OUE), a major Singapore based hospitality and property group has announced that it will be buying the U.S. Bank Tower in downtown Los Angeles, California for $367.5 million in a bid to expand its portfolio in the country. Blackstone CEO, Steve Schwarzman, Bets Big on U.S. Residential Real Estate
Since 2012, Blackstone acquired a whopping 6,500 of the homes that foreclosed in the eight major metropolises of the U.S., spending more than $1 billion in the process. Now as the largest owner of individual houses, rather than buying out or selling them the company will be renting properties. Trulia Files For $150 Million Follow-On Offering
Trulia, the real estate lister and search engine, announced they will be raising $150 million to offer additional shares previously not released, or follow-on offering, so they can expand business ventures, reported TechCruch. Miami Attracting Latin American Real Estate Developers
Since Miami's housing market began making a comeback and Venezuelans remain heavily invested in real estate post- Chávez, more and more Latin American developers are flocking to invest in Miami properties, reported Reuters. Exploring the Empty Ghost Cities of China (VIDEO)
Chinese cities might look like some of the most modern and urban developments of the world but they are all empty! A news segment, ‘60 Minutes’ by CBS News explores the grim housing scenario in China. The housing bubble has been called a “disaster waiting to happen” by the report. New Factory Farming Technique to Save Nuclear Hit Fukushima Agriculture
In the 2011 Fukushima Daiichi Nuclear Disaster of Japan, toxic radioactive material seeped into the soil of the farming village, Kawauchi, making agriculture impossible in the region. However, hope returns as a new factory farming technique is being developed by government officials of the region to revive agriculture in Fukushima.
