Rate cut hopes fuel bets real estate crisis is easing
By Naomi Rovnick LONDON (Reuters) – Commercial property stocks and bonds are rallying as forecasters widely predict the end of a market slump triggered by a multi-trillion dollar debt burden.…
By Naomi Rovnick LONDON (Reuters) – Commercial property stocks and bonds are rallying as forecasters widely predict the end of a market slump triggered by a multi-trillion dollar debt burden.…
By David Randall NEW YORK (Reuters) – Falling inflation and expectations of an economic soft landing are buoying hopes for U.S. real estate stocks in 2024, even as the sector…
Cloud Hangs Over Commercial Real Estate As Trillions In Debt Set To Come Due Will Kessler on January 17, 2024 Commercial real estate is facing a mountain of debt that…
By David French (Reuters) – Sixth Street has appointed Marcos Alvarado as its head of U.S. real estate, according to a statement on Tuesday, as it seeks further investments in…
SEOUL (Reuters) – South Korea’s financial authorities will step up monitoring of real estate projects, the finance ministry said in a statement on Friday. There are lingering concerns over real…
SAN DIEGO, CA – The husband and estate of Ashli Babbitt, who was killed during the January 6, 2021, Capitol riot, have filed a lawsuit against the U.S. government. The…
DEVON, PA – The latest HomExpert Report by Berkshire Hathaway HomeServices Fox & Roach, REALTORS® reveals significant changes in the Greater Philadelphia real estate market for November 2023. The report…
NEW YORK (Reuters) – A long-awaited U.S. rule aimed at curbing money laundering in real estate has reached a key White House office for review, the final hurdle for it…
SUFFOLK COUNTY, NY – Suffolk District Attorney Raymond A. Tierney announced the arrest of Riverhead attorney Peter A. Saad, Jr., 46, on Wednesday. Saad faces charges of Grand Larceny in…
Two more defendants have been charged for scamming Chinese investors out of more than $26 million, announced U.S. Attorney for the Northern District of Texas Leigha Simonton. Stephen Wall, 65,…
(Reuters) – Powerlong Real Estate said on Wednesday its cash on hand and bank deposits would not be enough to cover existing and future debt, making it the latest Chinese…
By Jack Queen (Reuters) -Donald Trump Jr. testified on Monday about what he called the “sexiness” of his father’s real estate portfolio, in his second time taking the stand in…
By Jonathan Stempel NEW YORK (Reuters) – A lawsuit filed on Monday accuses the Real Estate Board of New York (REBNY) and more than two dozen brokerages and companies of…
By Shankar Ramakrishnan (Reuters) – Private lenders, in pole position as high interest rates leave them as the sole option for many in the commercial real estate market (CRE), are…
By Lewis Jackson and Rae Wee SYDNEY (Reuters) – Private credit lenders are increasing their footprint in parts of the Australian commercial property market, providing alternatives for borrowers as banks…
TORONTO (Reuters) – Canada’s Brookfield Asset Management has fired Cushman & Wakefield from handling its office and logistics listings in the United States, a spokesperson for the real estate brokerage…
BRICK, NJ — A three-day auction for a luxury riverfront estate on Princeton Avenue in Brick Township concluded on October 26, apparently without a sale. The property, named Princeton Shores,…
FREEHOLD, NJ – The shift to remote working continues to leave a significant imprint on New Jersey’s real estate market. A surge in home purchases and rentals outside traditional commercial…
By Pete Schroeder WASHINGTON (Reuters) -The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are among the top concerns of…
NEWARK, NJ. – A New Jersey real estate investor and influencer was arrested today for committing a multimillion-dollar Ponzi-like investment fraud scheme, U.S. Attorney Philip R. Sellinger announced. Cesar Humberto…
WASHINGTON – David Paitsel, 42, a former FBI agent, and Brian Bailey, 53, a D.C. real estate developer were sentenced today on bribery and…
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fifth day in a row on Wednesday, with real estate stocks hammered by bearish brokerage comments on…
By Sinéad Carew (Reuters) – Shares in real estate companies fell on Friday, adding to a massive sell-off the previous day, when bond yields jumped to their highest levels in…
‘A Horrible Situation’: Kevin O’Leary Predicts Commercial Real Estate Crisis Harold Hutchison on September 21, 2023 “Shark Tank” star Kevin O’Leary predicted that a commercial real estate crisis caused by…
NEWARK, NJ – Anthony Garvin, a 53-year-old real estate investor from Jersey City, was sentenced to 24 months in prison today for his role in a home equity line of…