Biden’s ‘Green’ Transition Is Already Running Out Of Prime Real Estate For Solar And Wind Projects: REPORT John Hugh DeMastri on April 24, 2023 President Joe Biden’s goal to transition…
‘Serious Danger’: Elon Musk Predicts Banking Crisis After Real Estate ‘Anvil’ Drops Harold Hutchison on April 18, 2023 Tesla CEO Elon Musk said during part of an interview that aired…
By Lewis Krauskopf NEW YORK (Reuters) – U.S. real estate stocks are struggling this year after a rough 2022, as fears that banks will tighten lending standards pile pressure on…
By Greg Bensinger (Reuters) -Opendoor Technologies Inc on Tuesday said it was cutting roughly 560 jobs, or 22% of the workforce at the online U.S. real estate firm, citing a…
By Matt Tracy and Saeed Azhar (Reuters) – Some of the largest U.S. banks singled out office commercial real estate on Friday as an area of growing concern, with property…
By Michael S. Derby (Reuters) – Ongoing stress in the New York City commercial real estate sector is still creating economic headwinds for the region as it nears a complete…
By Timothy Aeppel, Ben Klayman and Nichola Groom (Reuters) – Volkswagen’s off-road brand Scout Motors studied 74 different parcels of land across the U.S. last summer as it hunted for…
By David Dolan and Simon Jessop TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group on Tuesday laid out emissions-cutting targets for lending to the real estate, steel and shipping sectors,…
By Isabel Woodford MEXICO CITY (Reuters) – Investors optimistic about a potential Mexican nearshoring boom have been scooping up stocks in local real estate, transport companies and banks, analysts say,…
MILAN (Reuters) – Italian fashion group Dolce & Gabbana said on Monday it would enter the real estate sector, with two residential schemes in the United States and Spain and…
By Padraic Halpin DUBLIN (Reuters) – Ireland’s two dominant banks, AIB Group and Bank of Ireland, expect commercial real estate values to fall this year but said this week conservative…
Damian Williams, the United States Attorney for the Southern District of New York, Andrew C. Adams, the Director of Task Force KleptoCapture, Ivan J. Arvelo, the Special Agent in Charge…
By Mike Scarcella (Reuters) – A California federal judge on Thursday dismissed antitrust claims against commercial real estate information services company CoStar Group Inc, in a feud with an industry…
(Reuters) -CoStar Group said on Tuesday it was no longer in talks to buy Realtor.com owner Move Inc from News Corp and forecast disappointing first-quarter revenue that sent its shares…
Damian Williams, the United States Attorney for the Southern District of New York, announced today that ONEKEY, LLC, a New Jersey construction company, and its principal, FINBAR O’NEILL, pled guilty…
By Roushni Nair and Sameer Manekar (Reuters) – Singapore’s Keppel Corp posted a steeper-than-expected drop in annual profit on Thursday hurt by its urban development unit, but forecast China’s easing…
LONDON (Reuters) – Jeffrey Sherman, Deputy CIO at DoubleLine, sees some “pockets” of opportunity in commercial real estate, including offices, after bond markets rallied this year. Sherman, who helps to…
Missing Real Estate Mogul’s Husband Charged With Her Murder Trevor Schakohl on January 17, 2023 Authorities charged a Cohasset, Massachusetts, real estate executive’s husband with murdering her, Norfolk District Attorney…
BEIJING (Reuters) – Chinese property companies raised a total of 101.8 billion yuan ($14.9 billion) in December, up 33.4% year on year, driven by more state support for the highly…
(Reuters) – Real estate broker Compass Inc said on Thursday it would cut more jobs to deal with a downturn in the housing market as it set a target of…
(Reuters) – The U.S. Securities and Exchange Commission (SEC) has reached out to Blackstone Inc following an increase in investors pulling money from its real estate fund, Bloomberg News reported…
By Nell Mackenzie LONDON (Reuters) – Hedge fund Muddy Waters is shorting the bonds of Luxembourg-based real estate investment company Vivion Investments, it said in a report published on its…
A seven-count indictment was unsealed today in federal court in Brooklyn charging Andrii Derkach with conspiracy to violate the International Emergency Economic Powers Acts (IEEPA), bank fraud conspiracy, money laundering…
NEWARK, N.J. – A Hudson County, New Jersey, real estate investor has admitted conspiring to orchestrate a fraudulent home equity line of credit scheme that led to over $400,000 in…
By Divya Rajagopal and Bhanvi Satija (Reuters) -Manulife Financial Corp will outsource its property operations in Canada to focus on its entrepreneurial investment management unit, Canada’s biggest life insurer said…