Investing
Thomson Reuters Launches Two New Investable Real Estate Indices in Asia Pacific Region
US Mortgage Rates Fall After Two-Month Increase
US Home Mortgage Rates Up Slightly
EDITOR'S PICKS
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Mortgage Rates Jump Back Above 6% After Iran Strikes Push Oil Prices And Treasury Yields Higher
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Jim Curtis Lists Seaport Loft-Style NYC Apartment With Brooklyn Bridge Views For $1.525M Amid Jennifer Aniston Romance
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Justin Baldoni Lists Renovated 10-Acre Solar-Powered Ojai Sanctuary For $8.88 Million As Trial Nears With Blake Lively
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Richard Dean Anderson's $45 Million Malibu Retreat: Inside His Hidden Celebrity Property Portfolio
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. Blackstone Buying Majority Stake in Gafisa’s Alphaville Urbanismo for $651 Million
Blackstone Group LP and its Brazilian sister firm, Patria Investimentos have reportedly entered into an agreement to buy 70 percent stake in Brazilian luxury property developer, Gafisa’s residential community developing unit, Alphaville Urbanismo for $651 million. Number of Improving Housing Markets in US Rises in June, NAHB Report
The number of improving housing markets in the U.S. rose to reach 263 in June, according to the “The First American Improving Markets Index” (IMI) of the National Association of Home Builders (NAHB). U.S. April Construction Spending Increases
Construction spending in the U.S. increased a little in April on the improved building activity in the private non-residential sector, according to a report analyzed by the Associated General Contractors of America. Gen Y Prefers Energy Efficient Homes
In a recent consumer preference survey conducted by the National Association of Home Builders (NAHB) it was revealed that if given a chance to own a home, the Gen Y of America would prefer to own a super-energy-efficient home.
