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Ford Closing Two Plants in Australia
Asia Pacific Markets Have Highest Warehouse Rentals, CBRE report
London’s Royal Dutch Shell Center Redevelopment Plans Approved
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Michael C. Hall who plays Dexter Morgan on the crime-drama-thriller series, “Dexter” has reportedly purchased a nice single family residence in Los Feliz for a cool $3.8 million. The home last sold in May 2012 for around $2.09 million. It was originally listed for $3.92 million but Hall seems to have got it for a slight discount. Massive Tornado Wrecks Oklahoma; 51 Reported Killed (VIDEO)
A massive two-mile wide tornado that hit Oklahoma City in Oklahoma, Monday killed almost around 51 people and destroyed many buildings including two schools, according to media reports. Wealthy Chinese Investors Heating up Seattle Property Market
In the past few months, since the Chinese government started imposing stricter property rules, potential investors were drawn to the emergent markets of San Francisco, Los Angeles and Vancouver. However, looks like the seaport- city has also joined the list of cities that are favored by mainland Chinese investors. 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 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. China New Home Prices Climb in April Despite Property Curbs
New Home prices rose extensively across 67 of the 70 cities monitored in China by the National Bureau of Statistics of the country for the month of April, despite the property curbs taken by the government of China. Bill Ackman led Investor Group Buying Manhattan Duplex Penthouse for $90 Million
A group of investors being led by Hedge Fund manager, Bill Ackman is under contract to buy a plush duplex penthouse in Manhattan’s One57, a 90 story building, still under construction, for around $90 million. 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 Taylor Swift Fan Arrested for Trying to Trespass on her Rhode Island Manse
A 22-year-old Taylor swift fan has reportedly been arrested with charges of “trespassing” as he swam up to the shores, a mile away from Swift’s brand new Rhode island mansion. Builder Confidence in New Single Family Homes Strengthens in May; NAHB Report
Confidence among U.S. builders for new single family homes improved in May to reach 44 points, after dropping slightly in April from the values of March, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
