News
The Go-Go's Guitarist Jane Wiedlin Letting Go of Los Angeles Loft (VIDEO)
Peter Madoff’s Long Island Residence Listed by Feds; Asking $4.5 Million
Jonathan Grayer’s New York Mansion Asking $16 Million (PHOTOS)
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?
Morgan Stanley, the international leader in financial services is reportedly gearing up to revive one of its property funds, Morgan Stanley real estate funds (Msref) to take advantage of a strengthening economy and property market. It hopes to raise capital worth $1 to $3 billion from potential investors for the global fund. American Realty Buying CapLease for $2.2 Billion
American Realty Capital Properties (ARCP), a popular Real Estate Investment Trust (REIT) has agreed to purchase CapLease Inc, another REIT for $2.2 Billion, including debt, according to several reports. Justin Bieber Annoying Calabasas Neighborhood Residents
Once again, teen heartthrob, Justin Bieber and his famous neighborhood in Calabasas, California is in the news. However, this time it is not because some random show producer wants to invade the residents’ privacy or another celebrity buying a home in the area. Elvis Dumervil Lists Colorado Home for $2.7 Million
The Baltimore Ravens Linebacker, Elvis Dumervil has reportedly listed his plush home in Castle Rock, Colorado for $2.7 million. Clarion Partners LLC to Buy Manhattan Office Tower for $225 Million
Clarion Partners LLC, a popular real estate investment managing firm is under contract to buy a vintage office tower near Union Square in Manhattan, New York City for around $225 million, according to Bloomberg. China’s Foreign Exchange Administration, SAFE to Invest in American Real Estate
China’s State Administration of Foreign Exchange (SAFE) is reportedly planning to invest a part of its $3.4 trillion foreign exchange reserves in the American real estate market on account of a steady growth in its property market, according to several reports. InterContinental Hotel Group Opens its 200th Hotel in China
InterContinental Hotel Group (IHG), the world's largest hotel group by room count, just inaugurated its two hundredth hotel in China, Tuesday May 28 marking thirty years of its presence in the country. Greek Island Skorpios Sale Reviewed by State Legal Council
The sale of Skorpios, a private island on the Ionian Sea, off the western coast of Greece is being reviewed by the Greek State Legal Council after Yiannis Michelakis, a member of the New Democracy Party raised doubts about the sale complying with the will of owner, Aristotle Onassis. John Hammons, Real estate Mogul Passes Away at 94 (VIDEO)
John Q. Hammons, one of the most prominent luxury hotels and resort developers in the U.S. breathed his last on Sunday, May 26 aged 94. He passed away peacefully at the Elfindale Manor Nursing Home in Springfield, Missouri, according to several media reports. Steel Magnate Lakshmi Mittal Lists Kensington Residence for $166 Million
Lakshmi Mittal, the Chairman and Chief Executive of ArcellorMittal, the world’s largest steel producing company has reportedly listed his mansion in the Kensington area of London for a whopping $166 million. However, the list price is almost $11 million lesser than what Mittal purchased it for.
