Commercial
JPMorgan Chase Cutting 19,000 Jobs from Mortgage and Community Banking Units
Hunt Real Estate ERA Joins Zillow Pro for Brokers
New Plans for Manhattan's 80 South Street Revealed
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?
One of last night Oscar contenders Tommy Lee Jones has put his polo estate up for sale for a whopping $26.75 million reported Zillow blog.Oscar Contender Tommy Lee Jones puts $26.75 Million South Florida Polo Estate on the Market Commercial Real Estate Market Recovering Slowly
The National Association of Realtors' Commercial Real Estate Outlook, NAR, reported today that the commercial real estate market is recovering slowly, according to AGBeat. New Regulation to Hit Number of Franchisee Stores in Indonesia
The Trade ministry of Indonesia has announced a new regulation limiting the number of stores or outlets a master food franchisee can hold in the country. The new regulation comes as an effort to avoid monopoly in the market and encourage local and small businesses. The new regulation will drive some of the major franchising players like KFC and McDonalds to cut or slow down on outlet expansions in the country. Kardashian Sisters Selling $14.5 Million "Kourtney and Kim Take Miami" Home
The Kardashian sisters' are selling their South Florida home for $14.5 million, reported Zillow blog.Kardashian Sisters Selling $14.5 Million "Kourtney and Kim Take Miami" Home Hong Kong Increasing Stamp Duties To Prevent Real Estate Bubble
To avoid a real estate bubble, Hong Kong is pressing for higher stamp duties to restrict home loans, reported Reuters. Candy Spelling Sues Landlord over Leasing Issues
Candy Spelling, widow of TV mogul Aaron Spelling has filed a lawsuit against her landlord over leasing issues. She claims that the landlord is trying to force her to vacate the place before the expiry of the lease. She also claims that she has been paying extra for utilities. Restoration Hardware to open Restaurant in its Boston Store
Restoration Hardware, the famous American furniture and Décor chain will be adding an eatery to its upcoming gallery and retail space in its Back Bay Store, Boston. It will open doors of its brand new store on March 7, 2013. Located at 234 Berkeley Street in Back Bay, the store has refurbished the building which once served as the New England Museum of Natural History. Morgan Stanley Real Estate Fund Buys Moscow Mall for $1.2 Billion
Morgan Stanley Real Estate Investing (MSREI) has purchased a commercial mall in Moscow, Russia for a huge $1.2 billion. The Metropolis Mall is located in the Northwest of Moscow and is the largest commercial deal of Russia till date. Tishman Speyer Wants More Deals with China Vanke
Just recently, news was out of China’s leading property development firm, China Vanke Company making its debut into the U.S. property market with a partnership deal with American real estate company, Tishman Speyer. With the partnership deal in its kitty, Speyer now hopes to rope in more joint ventures with Vanke. Iraq’s Real Estate Boom Will Offer Extensive Growth Opportunities to Foreign Investors
Iraq’s real estate sector has come a long way. Post the fall of Saddam Hussein, property prices have risen exponentially in the country leading to a real estate boom. However, this boom will provide maximum opportunities for foreign investment and growth in the area.
