Investing
American Realty Offers to Buy Cole Credit Property Trust for $5.7 Billion
MIG Real Estate Expanding in Arizona; Acquires Two Hotels
Farallon Capital Launches New Real Estate Fund Worth $400 Million
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?
The annual real estate event of Qatar, Cityscape Qatar is slated to be held from May 27 to 29, 2013 at Doha Exhibition Center. The event will primarily focus on the state’s growing real estate opportunities and growth prospective. Cornerstone Real Estate to Expand into UK with Investments Worth $303 Million
Cornerstone Real Estate Advisers LLC declared that it will be expanding its assets in countries of the U.K. buying office buildings and warehouses worth $303 million in the coming two years. Empire State Building Gains Broad Support for IPO; Small Group of Investors Still Opposing
New York’s legendary Empire State Building is reportedly inching closer to its proposed IPO. Malkin Holdings LLC, the company that controls the building, declared that they have garnered three quarters of favorable votes from the building’s shareholders who have voted so far. However a small group of investors have been opposing the plan. TPG Capital to Launch its First Real Estate Fund with $1 Billion Target
TPG Capital, one of the largest global private equity investment firms will be launching its first real estate investment fund with a target of at least $1 billion. The company expects to start raising capital for the fund by the second quarter of 2013. Starwood Hotels to Expand into Middle East and Africa by 2017
Starwood Hotels and Resorts Worldwide Inc. announced on Tuesday, March 12, that it will be opening 50 new hotels by 2017 in the regions of Middle East and Africa (MEA). The step comes as an effort to expand into the developing economies of the world. William and Kate Making Room For Baby? Royal Couple Improves New Home at Anmer Hall
The future home of the royal Duke and Duchess of Cambridge was recently permitted to have a variety of improvements made, reported The Daily Mail. 5 American Cities with Cheap Home Prices
If you are looking to buy a home but are worried about the budget, here is your answer- buy distressed property. MarketWatch has compiled a list of cities where buying foreclosed or distressed properties are the cheapest. Blackstone CEO, Steve Schwarzman, Bets Big on U.S. Residential Real Estate
Since 2012, Blackstone acquired a whopping 6,500 of the homes that foreclosed in the eight major metropolises of the U.S., spending more than $1 billion in the process. Now as the largest owner of individual houses, rather than buying out or selling them the company will be renting properties. Trulia Files For $150 Million Follow-On Offering
Trulia, the real estate lister and search engine, announced they will be raising $150 million to offer additional shares previously not released, or follow-on offering, so they can expand business ventures, reported TechCruch. Miami Attracting Latin American Real Estate Developers
Since Miami's housing market began making a comeback and Venezuelans remain heavily invested in real estate post- Chávez, more and more Latin American developers are flocking to invest in Miami properties, reported Reuters.