News

Why Mortgage Applications Increased By 21.3%

The decrease in mortgage activity by the end of 2015 was apparently just temporary. According to the Mortgage Bankers Association, the mortgage application volume increased 21.3 percent just last week, as compared to the previous week, which was on "a seasonally adjusted basis."

Mickey Drexler Net Worth: J.Crew Group CEO Sells Montauk Estate For $85M

J. Crew CEO Mickey Drexler recently sold the Andy Warhol estate located in Montauk, New York for $50 million.

CapitaLand Trust Looking To Sell Raffles Place Office Tower in Singapore

CapitaLand Commercial Trust (CCT), which is "Singapore's largest office real estate investment trust by value," is now currently in works to sell their office tower in the city's central business district says a source. According to the unidentified source (for confidentiality reasons), CapitaLand Commercial is looking to sell a 23-story building in the Raffles Place office district, the One George Street building.