Investing

China Vanke and RFR Holdings team up for Manhattan real estate project

China Vanke, China's largest property developer, is teaming up with RFR Holdings LLC, an affluent American real estate firm, to build a residential tower in Manhattan, according to several news reports.

Oxford Properties purchasing 450 Park Ave. for $575 Million

Oxford Properties, the real estate arm of a Canada-based investment firm, has reportedly agreed to purchase 450 Park Avenue, a 33-story tower in Manhattan for roughly $575 million.

Cold weather and limited supply drove down existing home sales in January: NAR

Sales of existing homes in the United States fell 5.1 percent in January, hitting an 18-month-low due to cold weather and limited supply, according to The National Association of Realtors (NAR).
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