Blackstone to net $4B profit in sale of Vegas casino
The Blackstone Group can head to the slots after netting a record profit for the sale of a single...
Blackstone to net $4B profit in sale of Vegas casino
Oxford lands $1.4B CMBS financing for $2.2B KKR industrial portfolio purchase
On top: Killers’ Dave Keuning pays $10M for Hollywood Hills home
Latest News
Oxford lands $1.4B CMBS financing for $2.2B KKR industrial portfolio purchase
Oxford Properties Group has lightened its load on a massive industrial portfolio purchase, securing $1.43 billion in commercial mortgage-backed...
Issue
The big inflation hedge that wasn’t
Real estate is a good hedge against inflation. So now that rising prices are dominating the economic discussion, one would expect a surge in real estate investment. But in the Covid era, that has...
Single-family home sales inched upward in August
New home sales ticked up for the second-straight month in August. Nationwide sales of new single-family houses rose a...
Weekend Edition
Phase out of flood insurance subsidies could upend coastal real estate markets
It’s no secret that Americans are willing to pay a premium for property on the beach. They could soon...
Weekend Edition
Mies van der Rohe, famed architect, designed this home for a fraternity
Work is nearly complete on a 10,000-square-foot building on the Indiana University campus, from what had been a long-shelved...
Los Angeles Weekend Edition
On top: Killers’ Dave Keuning pays $10M for Hollywood Hills home
The Killers’ lead guitarist and co-founder Dave Keuning is on top, as one of the band’s songs goes, after...
Weekend Edition
Robbie Williams asks $9.2M for his sprawling English estate
British pop star Robbie Williams and his wife, Ayda Fields, aim to sell their English country estate in a...
Weekend Edition
Nearly 100K homes sold across UK in August ahead of tax break expiration
Close to 100,000 homes across the United Kingdom sold in August ahead of the expiration of a government tax...
Weekend Edition
Creepy dolls helped sell this New Orleans home super fast
How do you turn a dilapidated home in New Orleans into the top listing on Realtor.com and sell it...
Real estate stocks slide as China spooks investors
China’s real estate sector rankled investors this week as the country’s second largest property developer missed a deadline to...
Miami
Dubai developer revealed as $120M bidder for Surfside collapse site
UPDATED, Sept. 24, 3:30 p.m.: Damac Properties, a Dubai-based developer, is the stalking horse bidder for the collapse site...
Mortgage market stakeholders are unprepared for growing climate change threats
The growing threat of climate risk could put the entire mortgage market underwater if all parties involved don’t begin...
Condor Hospitality selling hotels to Blackstone for $305M
Condor Hospitality is getting out of the hotel business — in fact, it appears it’s getting out of business...
Issue
Delta force: Surging Covid variant spoils return-to-office plans
As recently as July, visions of reoccupied desks and packed commuter lines danced in the heads of employers and...
Mortgage availability improves just as rates set to rise
Homebuyers are about to learn that while the government giveth, the Federal Reserve taketh away. While it’s getting easier...
US household real estate values jump by record $1.2T
U.S. household net worth surged to an all-time high in the second quarter, powered by a buoyant stock market...
Startup DoorLoop to take on goliaths in rental management software
Rental property management software is a crowded field in proptech, but a Miami-based startup says it has developed a...