Commercial
Amazon, Google lead rush for new web real estate
Gramercy Capital says to remain independent; names CEO
Zillow rolls out zPro for real estate brokers
EDITOR'S PICKS
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Developers Apologize After Accidentially Demolishing House Where AC/DC Got Together
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US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert
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Meghan Markle And Prince Harry's Montecito Mansion Now Valued At $29M
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US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers
Wells Fargo & Co. is pushing its mortgage unit to increase its share of the U.S. home lending market to 40 percent, according to a report. BlackRock appoints new CIO to real estate securities team
BlackRock Inc., the world’s largest money manager announced on Tuesday the appointment of Sherry Rexroad as chief investment officer for its newly launched global real estate securities team, effective immediately. Blackstone appoints new adviser for investment in Spain and Portugal
Blackstone Group LP, the world’s largest private-equity firm, announced Tuesday that the former head of head of Lehman Brothers Holdings Inc.’s Spanish and Portuguese businesses, Claudio Boada, will become their senior adviser. Alexandria Real Estate Equities raises quarterly dividend 4 Pct
Alexandria Real Estate Equities, Inc. declared on Tuesday a quarterly dividend of $0.51 per share, or $2.04 annualized. Fannie Mae announces new CEO
Fannie Mae, the largest provider of mortgage money in the United States, on Tuesday appointed its general counsel, Timothy Mayopoulos, as chief executive. SEC: Apollo Global Management management shake up
The global head of real estate at private-equity firm Apollo Global Management LLC, Joseph Azrack, may retreat from the head role to chairman next year, according to an SEC report. China Vanke's sales rebound in May
China’s largest real estate developer by sales, China Vanke, announced its earnings on Monday, recording an increase of 19 percent in sales in May from the previous year to 10.72 billion yuan ($1.68 billion). Facebook searching for offices in New York
Facebook is searching for an office in New York City for its engineers and has its eyes set on the old New York Times building, according to Crain’s. Real estate firm Knight Frank expands services
Real estate firm Knight Frank has appointed Tony Nicholas, an equity partner of the firm, as head of the Global Corporate Services (GCS) EMEA team in London and Alex Hill as head of GCS Asia Pacific based in Singapore as it continues to strengthen its Global Corporate Services offering. SunTrust Mortgage settles racial lawsuit for $21 Mln
SunTrust Mortgage has agreed to pay $21 million to settle a federal lawsuit alleging racial discrimination in its lending practices against Hispanics and African Americans.