Commercial
BlackRock to Buy Real Estate Firm MGPA
Airbnb has been Deemed Illegal in New York City
BlackRock Buying MGPA Private Equity Firm Marking its Debut in Asian market
EDITOR'S PICKS
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Top 1,000 Brokerages Reveal Which Real Estate Firms Are Surviving — And Growing — In The Current Recessionary Market
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Shohei Ohtani And His Agent Settle Hawaii Lawsuit Over Alleged Sabotage Of $240 Million Real Estate Project
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James Corden Locked In Bitter Fight With London Council Over Paving Changes At His $22 Million Heritage Home
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Mortgage Rates Jump Back Above 6% After Iran Strikes Push Oil Prices And Treasury Yields Higher
Tech giant, Yahoo! Inc. announced in a press conference on Monday, May 20 that it is moving its New York headquarters to the former head-office of New York Times at 43rd Street, East of Eighth Avenue in Times Square, New York City. Sirius Real Estate Gets Extension onf 43.3m Euro Loan
Sirius Real Estate said in a statement on Monday that ABN AMRO Bank has agreed to extend the repayment of their outstanding loan of 43.3 million euros to June 28. Saudi Arabia to Get New Real Estate Regulatory Body
In the latest Saudi Arabia International Real Estate Conference (SAIREC) held by the National Real Estate Committee of Saudi Arabia in association with Al-Iktissad Wal-Aamal Group, it was announced that a new administrative body, a real estate authority will be established in the country to look after the real estate sector Touring a “Glass-House” Shaped Cupcake Bakery (PHOTOS)
To enhance the experience of cupcakes, J.C. Architecture has designed a beautiful house-shaped glass cupcakery for the new confectionary experts, Les Bebes based in Taipei, China. Apparently, the architects derived the idea of the house-shaped façade from the packaging or rather, the cake boxes. Zaha Hadid to Design Metro Station in Riyadh (PHOTOS)
The famous architect of the generation, Zaha Hadid and he firm have won a competition to build the King Abdullah Financial District Metro Station (KAFD) in Riyadh, Saudi Arabia, according to an announcement made by the ArRiyadh Development Authority, the government authority which is responsible for the city’s socio-economic, cultural and environmental development. General Growth Properties Sells Stake in Mall for $410 Million; Enters into Partnership with TIAA-CREF
General Growth Properties Inc (GGP), a popular Real Estate Investment Trust (REIT) has sold its stakes in the famous Grand Canal Shoppes Mall and the Shoppes at Palazzo in the sin city, Las Vegas for a good $410 million. GGP, which owned the mall completely, sold 50 percent of the stake to TIAA-CREF, a national financial services organization for the aforementioned price, thus entering into a partnership deal Empire State Building IPO Plan on the Verge of Shareholder Approval
The controversial move of taking the historic Empire State Building public is almost on the verge of gaining majority approval from shareholders, as 79.6 percent of unit-holders have voted for the plan. An 'Upside Down Barefoot Mailman' Comes to Bal Harbour
An “Upside down barefoot Mailman” has reportedly set its “head” in the Founders Circle at Bal Harbour, a small village on the northern tip of Miami Beach, Florida. Ares Commercial Real Estate to Acquire Alliant Capital LLC for $62.8 Million
Ares Commercial Real Estate Corporation (ACRE) has reportedly entered into an agreement to buy Alliance Capital LLC, a real estate financial service firm owned by The Alliant Company LLC and the Alliant Inc for around $62.8 million, according to a press statement. Larry Flynt's Hustler Magazine Headquarters in Beverly Hills Sold for $89 Million
The 10-story Beverly Hills headquarters of Hustler Magazine, published and managed by Flynt Publications owner, Larry Flynt has sold for $89 million. The buyers were identified to be popular real estate investment trust, Douglas Emmett Inc.
