LONDON/SYDNEY – Commercial real estate investors and lenders are slowly confronting an ugly question…
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BusinessNewsPropertyUnited States
Carlyle Group and Z+G Property Group Acquires Newly Built Luxury Williamsburg Rental Building for $97.5m
2 minutes readNEW YORK, N.Y., Aug. 2, 2023 – JLL Capital Markets announced today that it…
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Real Estate News: 3 Small Apartment Complexes Sell for a Combined $18 Million
by Victor Lyons3 minutes readA 17-unit apartment complex at 13931-13951 Illinois St. in Westminster sold for $6 million…
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BusinessEconomyNewsPoliticsPricesPropertyUnited States
Council Advances $970M Property Tax for Affordable Housing in Seattle
3 minutes readThe Seattle City Council is close to sending voters a $970 million property tax levy, which would…
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US Banks Prepare for Losses in Rush for Commercial Property Exit
4 minutes readSome US banks are preparing to sell off property loans at a discount even when…
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Cottage Country Braces for The Invasion of The Floating Home
10 minutes readLongtime cottagers call them ‘water squatters’ and say they will transform their high-priced lakes Floating…
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BusinessEconomyNewsPoliticsPropertyUnited States
Commercial Real Estate Prices in The US Fall for First Time Since 2011
3 minutes readUS commercial real estate prices fell in the first quarter for the first time in…
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BusinessEconomyNewsPropertyUnited States
Charlie Munger Says The U.S. Commercial Property Market is in Trouble
1 minutes readCharlie Munger believes there is trouble ahead for the U.S. commercial property market. The 99-year-old investor…
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BusinessNewsPropertyUnited States
‘We Saved Probably Close to $100K’: Rich Americans are Snatching up Prime Real Estate Overseas as The US Housing Market Slumps
5 minutes readLaetitia Laurent knows the value of looking far and wide for a good deal. The…
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Drake Lists His Final US Property – An $88m Beverly Hills Estate
by Victor Lyons2 minutes readDrake is selling his final US property – an $88million Beverly Hills behemoth – as…