Investing
The Effects of Government Curbs on Hong Kong’s Real Estate Market
Kensington Palace Garden the Most Expensive Street of UK
Crown Estate Annouces Record Profit; Portfolio Value Goes up to $12.3 Billion
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?
Hines, the famous commercial property developer is reportedly in talks with a group of Asian banks and a Singaporean real estate firm to develop a luxury high-rise project in central Manhattan, New York. Thomson Reuters Launches Two New Investable Real Estate Indices in Asia Pacific Region
Thomson Reuters, a leading business intelligence firm has teamed up with Global Property Research (GPR) and Asia Pacific Real Estate Association (APREA) to launch two new investable real estate indices that are a part of its larger composite family launched in January 2013. US Mortgage Rates Fall After Two-Month Increase
Mortgage rates in the U.S. fell slightly after inching up for the past two months. However, experts believe that the fall is only brief and rates will surge depending upon the Federal Reserve’s decision to cut down its bond purchasing scheme, according to several media reports. US Home Mortgage Rates Up Slightly
The average rate for a 30-year fixed rate mortgage climbed to 4.01 percent, while the number of applications for purchases dropped by 3 percent, according to the Mortgage Bankers Association (MBA) which publishes the results of a weekly applications survey on Thursday. Donald Trump Announces Luxury Hotel-Condo Tower Project Worth $350 Million (VIDEO)
Donald Trump, the famous property mogul has announced his latest conquest. Trump has reportedly formed a partnership deal with Malaysian and Canadian developers to build a 65-story Trump Tower in Vancouver, Canada worth $350 million, according to several media reports. Speculation on Fannie Mae and Freddie Mac’s Future Continues
The American administration has been speculating the future of two famous government-backed mortgage lenders, Fannie Mae and Freddie Mac since 2011. Though the pace at which decisions about the two entities are being made is slow, the government is diligently working on various proposals to determine a new future for the now-profitable lending giants. Weyerhaeuser Buying Longview Timber for $2.6 Billion
In what might be called the third-largest forestry acquisition of North America, Weyerhaeuser Co., a U.S based real estate investment trust that owns timberland is buying Longview Timber LLC, a forestry industry leader for $2.6 billion. The former will be acquiring the latter fully, including debt, according to various media reports. US Home Foreclosures Up 11 Percent in May
Foreclosure activity in the U.S. hiked to reach 11 percent in May, up 2 percent from the figures of April but still down 29 percent from the figures recorded a year ago, according to the data released by real estate intelligence firm, RealtyTrac.com. Carlyle Group LP Planning to Raise $4 Billion for Seventh Real Estate Fund
Carlyle Group LP, the famous American private equity firm is reportedly planning to raise $4 billion for its seventh real estate fund. The target, if achieved, would make it the firm’s largest property fund since the financial crisis. More Dutch Offices Being Converted into Student Housing Units
Amid high vacancy rates in the commercial property market of Netherlands, the Dutch have finally found a way to fill up the empty buildings. A number of property developers are refurbishing office space to convert them into student boarding or housing facilities.
