Investing
Malkins to Go Ahead with the Empire State Building IPO Plan; Reject All Bids
The Real Estate Industry and the New York Mayoral Race
Updated Renderings of Amazon’s Proposed Seattle Headquarters Revealed (VIDEO)
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?
Real estate website Zillow has reportedly entered into an agreement to purchase StreetEasy, another popular New York real estate listing site, for approximately $50 million cash the company announced in a press release Monday, August 19, 2013. More American Homes Sold through Complete Cash Transactions: Goldman Sachs Survey
Almost all homes that sold in 2012 and in the first half of 2013 were financed by all-cash transactions, a new survey by financial firm Goldman Sachs Group found. Blackstone Buying Multifamily Residential Portfolio from General Electric for $2.7 Billion
Blackstone Group LP has reportedly agreed to purchase a large multifamily residential portfolio from General Electric’s financial arm for a deal worth $2.7 billion. Blackstone will be acquiring about 80 apartment buildings from GE in an effort to maximize its presence in the U.S. residential property market, according to several media reports. UAE Commercial Real Estate Mapping Speedy Recovery: RICS Survey
The commercial real estate market of the United Arab Emirates has been rebounding and showing great signs of recovery, according to a recent quarter survey by the Royal Institution of Chartered Surveyors (RICS). Due to increased foreign investment and interest in the sector, the region’s growth has accelerated commendably. NAHB Report: August Sees 247 Improving Markets in US
The First American Improving Markets Index (IMI) of the National Association of Home Builders (NAHB) released Thursday the list of improving housing markets in the U.S., which included 247 metropolitan areas. Brookfield Asset Management Raises $4.4 Billion for Real estate Fund Surpassing Target
Brookfield Asset Management Inc, the Canadian asset managing firm, has reportedly raise $4.4 billion for its global real estate fund. The amount is one of the largest raised since the financial crisis and has surpassed the $3.5 billion target, the company actually affixed, according to several media reports. US Home Sales Drop Unexpectedly in June; Remain at 3.5 Year High
Home sales in the U.S. witnessed a slight unexpected dip in the month of June as average mortgage rates climbed a little. However, the current figures of sales remain at a three and a half year high, according to the data released by the National Association of Realtors (NAR). Nature to the Rescue of U.S. Real Estate
For years now, man has been exploiting nature. Several reports on how man-made factors affect the environment surface every day. Nature has its own way of unleashing its wrath and letting off steam in the form of disasters and catastrophes. China Home Sales Rise 24 Per cent Despite Slow Growth
The total home sales in China rose 24 percent in June on a month on month basis, making it the biggest rise in the past year, according to Bloomberg. However, economic growth and real estate investment in the country slowed down slightly in the first half of the year which is expected to bog down the sales in the near future. BlackRock Selling Seattle Office Buildings Worth $70 Million
BlackRock Inc, a renowned asset management firm is selling away two of its major downtown Seattle office properties to a unit of Morgan Stanley for about $70 million.
