Investing
Empire State Building Gains Broad Support for IPO; Small Group of Investors Still Opposing
TPG Capital to Launch its First Real Estate Fund with $1 Billion Target
Starwood Hotels to Expand into Middle East and Africa by 2017
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?
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. 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. 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. Cleveland Named the Hot Spot To Buy Foreclosed Homes by RealtyTrac
The best place to buy foreclosed property is Cleveland, Ohio, according to RealtyTrac. The best place to buy foreclosed property is Cleveland, Ohio, according to RealtyTrac. Indonesia Has Greatest Price Increase In Luxury Real Estate Prices (FULL LIST)
Two major Indonesian cities have the top two spots where prices on luxury residential real estates rose and outcompeted 20 other cities, reported Business Insider. British Businessman, David Ames, Accused of Taking $452 Million From Investors and Failed To Build Luxury Homes
British businessman allegedly took £300 million, nearly $452 million, of investors' money without building the thousands of luxury homes that were promised, reported The Daily Mail. John Jacobsson New Executive Vice President at NY Real Estate firm Related Cos.
John Jacobsson is the new executive vice-president at The Related Companies L.P., the real estate firm based in New York City, reported The Wall Street Journal. Bank of America Sells Wake Forest University Charlotte Center For $72.5 Million to Alliance Partners
Bank of America Corp reportedly sold Wake Forest University Charlotte Center building to Alliance Partners, affiliate of the commercial real estate investment firm The Schidler Group, for $72.5 million, reported Charlotte Business Journal.