News

New York Real Estate: Blackstone Group is Top Buyer, More Acquisitions Coming

Blackstone Group LP was on a shopping binge last year which made them 2015’s top real estate buyer. The company acquired the biggest apartment building in Manhattan and bought major shares in various office properties such as the Starrett-LeHigh building located on the Hudson River.

How Federal Rate Increase Affects New York City Real Estate Market

The Federal Reserve decided to increase the Fed Fund rates to one-quarter of a percentage point but this seems to not affect the real estate market of New York City.

Biggest Residential Real Estate Company in Portland Sold

Portland’s top real estate firm that specializes in residential properties has been sold for $2.25 billion and is now owned by a father and son team from Colorado.