Rapti Gupta
Blackstone Group LP has reportedly agreed to purchase a large multifamily residential portfolio from General Electric’s financial arm for a deal worth $2.7 billion. Blackstone will be acquiring about 80 apartment buildings from GE in an effort to maximize its presence in the U.S. residential property market, according to several media reports. Hockey Legend Wayne Gretzky Sells Arizona Summer Abode for $2.8 Million
National Hockey League legend Wayne Gretzky has reportedly sold his summer home in Scottsdale, Arizona, for $2.87 million after listing it for $3.3 million just a couple of months ago. Hairstylist Sally Hershberger Lists Classic Beverly Hills Compound for $6.9 Million
Celebrity mane manager, Sally Hershberger is reportedly looking to do away with some real estate from her kitty. The hairstylist has listed her classic Beverly Hills compound for $6.9 million, according to several media reports. UAE Commercial Real Estate Mapping Speedy Recovery: RICS Survey
The commercial real estate market of the United Arab Emirates has been rebounding and showing great signs of recovery, according to a recent quarter survey by the Royal Institution of Chartered Surveyors (RICS). Due to increased foreign investment and interest in the sector, the region’s growth has accelerated commendably. Heidi Klum and Martin Kristen Spotted Touring Katy Perry’s Los Angeles Mansion
Supermodel Heidi Klum and her new beau Martin Kristen are probably planning to get a little more serious about their relationship. The couple was recently spotted home hunting all over Los Angeles and guess which house they really, really liked? Katy Perry’s Hollywood Hills manse, the one she got in the divorce deal from actor Russell Brand. President Barack Obama Spending Summer Vacation at Martha’s Vineyard with Family
U.S. President, Barack Obama and his family are headed to Martha’s Vineyard to spend a week in a plush property called the “Chilmark House”. The vacation starts August 10 and will last for eight days. Battlestar Galactica’s Tricia Helfer Sells Los Angeles Home for $2 Million (VIDEO)
Tricia Helfer, who played the humanoid cylon “Number Six/Caprica” in the action-drama series “Battlestar Galactica”, has reportedly sold her home in Hollywood Hills West, Los Angeles for $2 million. Orlando Bloom Rents Out Hollywood Hills “Bling Ring” Robbed Home for $16,500
The “Pirates of the Caribbean” star, Orlando Bloom, has reportedly snagged a renter for his famous Hollywood Hills home which was robbed by a gang of teenagers who now have a movie “Bling Ring” dedicated to them. Bloom will be minting $16,500 a month from the rental, according to several media reports. Brompton Road Tube Station – Britain’s Old Underground Station To be Auctioned in September
As the London Tube celebrates 150 years of glory and service, a vintage piece of underground British real estate is about to hit the market. The Brompton Road Tube Station, located in a corner of central London between Harrods and the Victoria and Albert Museum will be auctioned off in September, according to several news reports. NAHB Report: August Sees 247 Improving Markets in US
The First American Improving Markets Index (IMI) of the National Association of Home Builders (NAHB) released Thursday the list of improving housing markets in the U.S., which included 247 metropolitan areas. Are the Beckhams Buying the Versace Mansion Casa Casuarina?
Famous celebrity couple, David and Victoria Beckham were recently spotted touring late fashion mogul and founder of couture brand 'Versace', Gianni Versace’s Miami home, the Casa Casuarina. The media is abuzz with news of the hot couple’s extreme expressed interest in the manse. One Direction Boys Shell out $27,000 for Seven Nights in Hollywood Hills, LA’s Most Coveted Property
The five boys of teen pop band ‘One Direction’ have reportedly coughed up $27,000 for seven nights in one of the most sought after properties in Hollywood Hills, Los Angeles. The boys have leased the home as their seven-day stay marks the last week of the North American leg of their world tour, Take Me Home, according to several news reports. Christchurch’s Cardboard Cathedral Opens to the Public
After the main cathedral of Christchurch, New Zealand was irreversibly damaged in the February 2011 earthquake, a part of people’s faith was shattered. Today, as the masses recover from the tragic disaster, a part of their faith has been restored too. Shigeru Ban, the famous Japanese architect built a beautiful church out of cardboard which opened its doors to the public August 6. Vornado Realty Trust Buying Stake in 650 Madison Avenue
Vornado Realty Trust, a leading real estate investment trust is buying stakes in the high-end prime commercial property, 650 Madison Avenue, in Manhattan, New York City and plans to invest around $12.5 million in the structure, according to several media reports. President Obama Pitches Plans to Support US Housing Recovery; Overhaul Mortgage and Lending Market (VIDEO)
U.S. President Barack Obama pitched some new mortgage and lending plans to the public in his economic speech Tuesday at Dobson High School in Mesa, Arizona. In his speech he sketched out various plans to overhaul the lending market and asserted on the importance of private lending without ruling out the government involvement in the sector. Dexter’s Yvonne Strahovski Asks $1.2 Million for Los Angeles Abode
Yvonne Strahovski, the pretty actress who played Hannah McKay, Dexter’s love interest in the seventh season of thriller-drama hit series “Dexter” has reportedly listed her home in Laurel Canyon, Los Angeles with a price tag of $1.2 million. IKEA’s Augmented Reality App Will Help Virtually Furnish Room (VIDEO)
Swedish furnishing giant, IKEA has always been an aggressive marketing scout. Pulling off its latest marketing stunt, the company has launched “IKEA Catalog”, an augmented reality app that lets you fit the furniture of your choice and decide if the piece is “the one”, all virtually. Visiting another Ghost Town, Tianducheng, Mini Paris in China (VIDEO)
In another ambitious real estate attempt, China has created a mini Paris, complete with the Romanesque buildings, fountains, statuettes and a faux Eiffel tower too! However, just like its other urban developments that remain starkly empty, this beautiful Parisian replica also remains hardly inhabited. The Vampire Diaries’ Paul Wesley and Torrey DiVitto List Los Angeles Home for $1.6 Million
While Paul Wesley, who is best known as “Stefan Salvatore”, one of the Salvatore brothers in popular horror-drama series ‘The Vampire Diaries’ and his wife Torrey DiVitto are bracing up for an ‘amicable divorce’, the not-so-in-love duo have already put up their Los Angeles home on the listing market with a $1.6 million price tag. Zaha Hadid’s Galaxy Soho Project in Beijing Slammed by City's Cultural Heritage Protection Center
Not everybody loves the Pritzker Prize-winner, abstract-building-designer architect, Zaha Hadid, especially not the Beijing Cultural Heritage Protection Center. The group has accused the architect's latest project in the city, the Galaxy Soho Shopping Complex, of "destroying the city's heritage" and violating numerous preservation laws and regulations, according to several media reports. Giant Sinkhole Swallows Kansas Pasture, Might Grow Larger (VIDEO)
A humongous sinkhole gobbled up a whole field in Wallace County, Kansas leaving residents in utter shock and awe. The sinkhole first appeared on August 3 and has been growing ever since, according to several media reports. Black Swan Producer Mike Medavoy Sells Bel Air Home for $7.8 Million
Mike Medavoy, the production mastermind behind the movie "Black Swan", has reportedly sold his Bel Air home for $7.8 million. He had listed the property sometime back in March for $7.9 million. Carlos Santana Pricechops Vegas Pad; Now Asking $3.49 Million
Guitar god Carlos Santana might have settled down peacefully in the brand new $6 million home in Las Vegas, but looks like he is in a super hurry to unload his former abode- even if he does not earn a profit on it. Santana has reportedly knocked off $250,000 from the asking price of his previous Vegas pad and has now listed it for $3.49 million. David Cassidy’s Florida Residence Up for Sale at $4.49 Million
David Cassidy of the popular 70s sitcom “The Partridge Family” has reportedly listed his home in Fort Lauderdale, Florida for sale asking for $4.49 million. Lisa and Leonard Hochstein’s 42 Star Island Drive Manse Blood Splashed; Further Angers MDPL (VIDEO)
The battle of saving the legendary Walter DeGarmo designed home at 42 Star Island Drive in Miami, owned by Real Housewife of Miami star Lisa Hochstein and her plastic surgeon husband Leonard Hochstein is far from over. It just got a little bloody! Literally! Yahoo Relocating Local San Francisco Team to Chronicle Building
Tech giant Yahoo! Inc. announced Thursday in its Tumblr blog that it will be moving its San Francisco team to the Chronicle Building at Fifth and Mission later in the year. The company has signed a five-year lease for office space of more than 70,000 square feet, according to several news reports. Sheryl Crow Pricechops Los Angeles Home; Now Asking $12.4 Million
Pop singer Sheryl Crow has knocked off a plum $3 million from the asking price of her home in Hollywood Hills, Los Angeles and has now listed it for $12.4 million. The home has been sitting unclaimed since October 2012 when it debuted with a $15 million price tag. Pamela Anderson’s Malibu Manse Makes a Comeback in the Rental Market Asking $27,500 a Month
In another real estate hustle, the “Baywatch Bombshell” Pamela Anderson has just put her ‘darling’ digs in Malibu up for rent, asking $27,500 per month. Taylor Swift’s Childhood Home Debuts in Market asking $799,500
Pop/country crooner Taylor Swift’s childhood home in Wyomissing, Pennsylvania, has hit the listing market with an asking price of $799,500. Buy Shakira’s Miami Abode for $14.9 Million
The “Rabiosa” singer, Shakira has reportedly listed her home near South Beach in Miami for $14.9 million. The Latina crooner purchased the place for around $3.3 million sometime back in September 2001.
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