Blackstone to net $4B profit in sale of Vegas casino

Blackstone Chairman Stepehn Schwarzman and The Cosmopolitan of Las Vegas at 3708 Las Vegas Blvd S, Las Vegas, NV (TripAdvisor, Blackstone)
Blackstone Chairman Stepehn Schwarzman and The Cosmopolitan of Las Vegas at 3708 Las Vegas Blvd S, Las Vegas, NV (TripAdvisor, Blackstone)
Blackstone to net $4B profit in sale of Vegas casino

Oxford lands $1.4B CMBS financing for $2.2B KKR industrial portfolio purchase

Oxford Properties president Michael Turner, San Diego, Orlando and Dallas Skylines (Oxford Properties, iStock)
Oxford lands $1.4B CMBS financing for $2.2B KKR industrial portfolio purchase

Single-family home sales inched upward in August

Fewer homes being taken off the market in August (iStock)
Single-family home sales inched upward in August

On top: Killers’ Dave Keuning pays $10M for Hollywood Hills home

On top: Killers’ Dave Keuning pays $10M for Hollywood Hills home
On top: Killers’ Dave Keuning pays $10M for Hollywood Hills home

The big inflation hedge that wasn’t

The big inflation hedge that wasn’t
The big inflation hedge that wasn’t

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The big inflation hedge that wasn’t
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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...

The big inflation hedge that wasn’t
Fewer homes being taken off the market in August (iStock)

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...

Single-family home sales inched upward in August
Real estate stocks slide as China spooks investors

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...

Real estate stocks slide as China spooks investors
Damac Properties founder Hussain Sajwani and the Surfside collapse site (Damac, Getty)
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...

Dubai developer revealed as $120M bidder for Surfside collapse site
Fannie Mae CEO Hugh R. Frater (LinkedIn, iStock)

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...

Mortgage availability improves just as rates set to rise

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