Commercial
TPG Capital to Launch its First Real Estate Fund with $1 Billion Target
Starwood Hotels to Expand into Middle East and Africa by 2017
Nigerian Slum Makoko to Welcome Floating School
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
The future home of the royal Duke and Duchess of Cambridge was recently permitted to have a variety of improvements made, reported The Daily Mail. James Franco Disturbing Neighbors From His Home-Based Production Company (PHOTOS)
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.
