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Construction on Istanbul’s International Financial Center Breaks Ground (PHOTOS)
Top 5 Metropolitan Cities Where Americans are Relocating
U.S. Home Foreclosures Record Sharp Drop in February ; Foreclosure Starts Spike 10 percent
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?
Construction on a mixed-use development project at Columbia Square on Sunset Boulevard, Hollywood is slated to start in the coming few months. The Columbia Square site was acquired by real estate firm, Kilroy Realty Corporation (KRC) for around $65 million in October 2012. The Most Expensive Listing Of Tennessee- Eagle’s Rest Farm Gets a further Price Chop (PHOTOS)
Tennessee’s most expensive listing; the Eagle’s Rest Farm has just received another price chop and is now asking $25.5 million. Located in Franklin, the estate was first listed in 2008 with an asking price of $33 million. TPG Capital to Launch its First Real Estate Fund with $1 Billion Target
TPG Capital, one of the largest global private equity investment firms will be launching its first real estate investment fund with a target of at least $1 billion. The company expects to start raising capital for the fund by the second quarter of 2013. Starwood Hotels to Expand into Middle East and Africa by 2017
Starwood Hotels and Resorts Worldwide Inc. announced on Tuesday, March 12, that it will be opening 50 new hotels by 2017 in the regions of Middle East and Africa (MEA). The step comes as an effort to expand into the developing economies of the world. Chatham Jewel Estate of Cape Cod Listed for $25 Million
The Chatham Jewel estate located in Chatham, Massachusetts, has been listed on the open market for around $25 million, making it the most expensive single-family residence listing of the Cape Cod region. Nigerian Slum Makoko to Welcome Floating School
The floating slum on Lake Lagos, Makoko is gearing up to welcome an architectural brilliance – a three story floating school. The project is being developed by Nigeria-born Netherland based architect, Kunle Adiyemi and the Heinrich Boell Stiftung; a Germany based green project foundation to meet the social, civil and physical needs of underprivileged people of the slum. 5 American Cities with Cheap Home Prices
If you are looking to buy a home but are worried about the budget, here is your answer- buy distressed property. MarketWatch has compiled a list of cities where buying foreclosed or distressed properties are the cheapest. “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.
