Investing
Cleveland Named the Hot Spot To Buy Foreclosed Homes by RealtyTrac
Indonesia Has Greatest Price Increase In Luxury Real Estate Prices (FULL LIST)
British Businessman, David Ames, Accused of Taking $452 Million From Investors and Failed To Build Luxury Homes
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?
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. Luxury Residential Prices Soar in Indonesia: Knight Frank Wealth Report
In the latest Wealth Report of real estate research firm, Knight Frank, two Indonesian cities were ranked the top regions where prices for luxury prices rose the most. Bali and Jakarta topped the list of the 20 where prices of luxury cities residential real estate grew in 2012. Fannie Mae and Freddie Mac to Jointly Form New Securitization Company
The Federal Housing Finance Agency (FHFA), regulator of the government-backed mortgage firms, Fannie Mae and Freddie Mac announced on Monday, March 4 that operations of the two companies will be combined to form a separate entity that will look after securitized home loans. New York's Real Estate Titans Among Forbes Richest In The World (Full List)
New York's real estate titans were listed on the Forbes list of billionaires, reported Commercial Observor.The list compiled 1,426 billionaires who have a combined net worth of $5.4 trillion. NASA Funds California Architect Students To Design Space Habitat For Mission
The National Aeronautics and Space Administration, NASA, funded California university students to design a "space habitat" for astronauts planning to go on a 2020 lunar mission, reported the Design Build Source. Identities of the Rich Residing in One Hyde Park Luxury Apartments Revealed
One Hyde Park in London is famously known as the most expensive apartments in the world. The exclusive owners of these lavish spaces were finally revealed as none other than some oil baronesses and Middle Eastern sheikhs. Even supermodel Naoimi Campbell's boyfriend, real estate tycoon Vladislav Doronin is a resident, reported The Daily Mail. Marriott Teams Up with IKEA to Launch New Economy Hotel Chain In Europe
Marriott International is joining forces with IKEA's real estate division to jump-start a new economy-style hotel chain in Europe, reported Reuters Prudential Real Estate Investors Buy Office Space in San Francisco and Miami
Prudential Real Estate Investors, the real estate unit of insurance services firm, Prudential Financial Inc. has reportedly purchased an office tower in San Francisco for $100 million and is under contract to buy another office space, The Sabadell Financial Center at 1111 Brickell Avenue in Miami. Kenauk, Largest Private Property in Canada Hits Listing Market for $79 Million
One of the very few paradises on earth, and the largest privately held property in Canada, Kenauk, has hit the open listing market with a solid asking price of $79 million. The 65,000 acre property is located in Montebello, Quebec and is an excellent investment opportunity.
