Rapti Gupta
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. Chelsea Clinton and Marc Mezvinsky Unloading New York Condo for $4.4 Million
Chelsea Clinton, the only child of former U.S. President Bill Clinton, is reportedly selling an apartment in Grand Madison, New York, with husband Mark Mezvinsky for around $4.4 million. Behold The World’s Largest “Wooden” Skyscraper (PHOTOS)
For a housing design competition, architect C. F. Møller, architect Dinell Johansson and consultant Tyréns have designed a building that has been shortlisted as one of the finalists of the competition. The design is a vision of the future and considers sustainable, cheaper living and construction costs. 'Ultrarope,' A New Elevator Technology Can Increase Height of Skyscrapers (VIDEO)
Did you know that elevators were one of the main reasons that limited the height of a building? Apparently, they are only limited to a maximum travel distance of 500 meters. However, a brand new lift technology developed by Kone, a Finland-based elevator and escalator manufacturing giant, will now enable lifts to speed up double the current distance, calling it the "Ultrarope". Former House of Arnold Schwarzenegger Sells for $12.9 Million (PHOTOS)
The former Palisades home of “Terminator” actor and former politician, Arnold Schwarzenegger has reportedly sold for $12.5 million. Schwarzenegger and his ex-wife, Maria Shriver owned the house during the time when he had an affair with his maid and got her pregnant, according to Forbes. Ellen DeGeneres and Portia De Rossi List Beverly Hills Penthouse
Famous talk show host, Ellen DeGeneres and her wife Portia De Rossi are unloading their penthouse in Beverly Hills after recently purchasing a mansion in Santa Barbara for 26.5 million. The penthouse is now listed with an asking price of $899,000. 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. 'Real Housewives of North Jersey' Star Jacqueline Laurita Saves Home from Foreclosure
Jacqueline Laurita, one of the stars of popular reality show “Real Housewives of North Jersey” has somehow managed to save her mansion from going into foreclosure. Beautiful Solitary Cottage on Nantucket Island Asks $3 Million (PHOTOS)
A beautiful, unique and exquisite property, sitting on 20 large acres of land with around 600 feet of waterfront view on the southern shore of Nantucket Island, Cape Cod, Massachusetts has made its way to the listing market, priced at just 3 million. 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. “The Bachelor” Executive Producer Martin Hilton Buys in Los Feliz for $2.7 Million (PHOTOS)
Martin Hilton, the executive producer of popular dating reality show, “The Bachelor” has reportedly purchased a home in Los Feliz for $2.7 million. The buyers are popular Los Angeles musicians Julie Hermelin and Mitchell Frank. Tom Hanks Selling Pacific Palisades Home for $5.2 Million
The “Cast Away” actor, Tom Hanks has reportedly listed his home in the Pacific Palisades for sale with an asking price of $5.2 million. UK Commercial Property Values Jump in May Ending 18-month Lag
Commercial property values rose in the U.K. in May marking the end of an 18-month lag in the sector, according to a property index of Investment Property Data, a real estate intelligence firm. Jazz Legend David Sanborn Lists Upper West Side Townhouse for $12 Million (PHOTOS)
David Sanborn, the legendary Saxophonist who belted out some of the greatest jazz hits like “Try a little Tenderness”, “Dream” and “Goodbye” has reportedly put his Upper East Side, new York City townhouse for sale with an asking price of $12 million. Jerry Cantrell of 'Alice in Chains' Lists North Hollywood Residence for $1.5 Million
After living in Los Angeles for almost a decade, Jerry Cantrell, the grunge guitarist of rock band “Alice in Chains” has reportedly listed his home in North Hollywood for $1.49 million. He purchased the place in 2005 for $1.75 million. Looks like, he is selling at a slight loss. IKEA to Introduce Dollhouse Furniture (PHOTOS)
IKEA, the Swedish furniture manufacturing company is the next entity to join the bandwagon of “miniscule”. It is introducing a range of furniture for dollhouses New Building Standards Proposed to Make New York City More Resilient
In a recent press conference held June 13, 2013, 33 proposals were brought forward in order to make New York City more resilient by using better and improvised building standards. Artificial Turf: The New Trend for Home Outdoor Decoration (VIDEO)
Maintaining a patch of grass is tough. It requires the right amount of water, herbicides, the right weeds and a lot of attention. But given that our attention spans have become lesser than a YouTube commercial, who has the time to invest in seeding, weeding and mowing anymore? That is when “Artificial Turf” came into the picture. 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. Original Maroon 5 Drummer Ryan Dusick Lists Los Feliz Home for $1.2 Million (PHOTOS)
Ryan Dusick, the former man behind the drums in the pop rock band, Maroon 5 has reportedly listed his home in Los Feliz for $1.2 million. He purchased the home in 2005 for around $1.9 million. Looks like, he is going in for a slight loss on the sale. MDPL’s Appeal to Save Lisa Hochstein Owned 42 Star Drive Home Rejected
The Miami Design Preservation League (MDPL), a small preservation activist group of Miami, Florida has lost its appeal to save 42 Star Drive; the historic Walter DeGarmo designed which is now owned by The "Real Housewives of Miami" star, Lisa Hochstein and her plastic surgeon husband, Leonard Hochstein. Tour Monica Geller’s “F.R.I.E.N.D.S” Apartment, All Made in Paper (VIDEO)
Remember the large apartment in Manhattan, New York where all the six crazy characters of popular sitcom F.R.I.E.N.D.S ganged up to share life and the little mundane things that happened every day? To re-experience the essence of the home, Brazilian artist, Bruna Salvador Conforto created a replica of the famed apartment, just out of PAPER. Serena Williams Sells Palm Beach Residence at a $105,000 Loss
Popular tennis player, Serena Williams maybe topping the ranking charts and winning a lot of matches in the French Open but has recently lost $105,000 on the sale of her Palm Beach residence. The queen of the courts has sold the residence in n Palm Beach gardens for $595,000 for which she paid $700,000 in 2005. Jennifer Aniston and Justin Theroux Complete Renovating Bel Air Manse
The “Wanderlust” actress, Jennifer Aniston and her fiancé Justin Theroux have just completed renovating their Bel Air manse that Aniston purchased early in 2012, according to several media reports. Home Prices Spike 9.2 Percent in Dubai, Knight Frank Report
A recent study conducted by famous real estate intelligence firm, Knight Frank found that property prices had spiked 9.2 percent in Dubai in the first quarter of 2013, making it the second-best performing real estate market in the world. Jeff Greene Still Struggling to Unload Malibu Manse (PHOTOS)
Jeff Greene, the millionaire real estate entrepreneur is still trying to sell his Malibu manse for a price as high as $12.5 million. Famous Illusionist Penn Jillette Lists Colorful Las Vegas Residence for $2.1 Million
Penn Jillette of Penn and Teller, the famous magician duo has reportedly put his candy-color Las Vegas compound on the open listing market for a good $2.1 million. Palm Beach’s Most Expensive Home Sells at 43 Percent Discount
Late in 2011, the most expensive home of Palm Beach, Florida came onto the open market with an asking price of $74 million. Sitting unclaimed for more than a year, the mansion has finally found a buyer, who apparently snagged it for a great 43 percent discount, paying just $42 million for the luxe pad. Mongolian Central Bank Halving Mortgage Interest Rates
The Central Bank of Mongolia will slash down mortgage interest rates almost by half to 8 percent from the existing 15 percent in order to support and substantiate growth in the middle-class sector of the country. The rates are expected to come into effect by June 17. 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.
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