Two shareholders, Mary Jane Fales and Hope Ratner have filed a lawsuit against Peter Malkin and his son Anthony Malkin, the managers of the Empire State Building, accusing them of putting their own interests before the shareholders.
Tainted baseball player Miguel Tejada has listed his Fort Lauderdale house for $5.25 million. Tainted baseball player Miguel Tejada has listed his Fort Lauderdale house for $5.
In a latest report released by the National Association of Home Builders (NAHB), it was revealed that the sales of newly-built single family homes fell slightly in November. However, experts say that the pace of sales is steady and is a reflection of a strengthening market and economy.
The rate of homelessness in some major cities of the United States has been climbing at an alarming pace despite a steady economic growth, according to a survey by The United States Conference of Mayors. Low housing affordability was one of the major causes of homelessness.
Fannie Mae and Freddie Mac, the two government backed mortgage lending giants have announced that they will be raising loan guarantee fees by an average of 10 points or one-tenth of a percent starting March 2014, according to several news reports. The move comes in an effort to allow private lenders compete in the housing loan market.
At the first glance, investing in commercial real estate may seem to be a quick and easy way to obtain a quicker, higher return on your capital. However, this many not always be the case. Though there seems to be a growing demand for commercial real estate, despite the global financial crisis, this market can also be risky for first timers, especially while dealing with larger projects like malls and office buildings.
Sales of existing homes in the U.S. fell 3.2 percent on a month on month basis due to a tight inventory supply, high mortgage rates and the 16-day partial government shutdown, according to a latest report by the National Association of Realtors.
Vox Media Inc., the internet media giant is reportedly buying Curbed LLC, the parent company of Curbed.com, the famous real estate website, Eater.com, the cuisine and dining website and Racked.com, the fashion and shopping focused website. The cost of the transaction has not yet been revealed, according to several news reports.
While the property market of the United States of America is heating up, so is the temperature of mother earth. Global Warming, the global crisis has hit the world but what effects will it have on the real estate market of America? Read on to find out how Global Warming has affected land values, demand for water-front properties and insurance rates in the feature below.
Divorce rates have soared considerably in the past few months in Beijing and Shanghai after the government imposed stringent property curbs to decelerate the inflating asset bubble, according to several new reports.
Amazon, the world’s largest online retailer is expanding its office space in downtown Vancouver, Canada. It has reportedly agreed to lease 91,000 square feet of office space in the TELUS Garden project, according to several news reports.
AT&T Inc., the multinational telecommunication giant is reportedly selling and leasing 9700 wireless towers located in the top 50 markets of the United States to Crown Castle International for an all-cash deal worth $4.85 billion, according to several news reports.