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. …
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estate
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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(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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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New Jersey Real Estate Investor and Online Influencer Charged with Multimillion-Dollar Investment Fraud Scheme
by Indira PatelNEWARK, 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 …
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Former FBI Special Agent and D.C. Real Estate Developer Sentenced for Role in Bribery Schemes
by Indira PatelWASHINGTON – David Paitsel, 42, a former FBI agent, and Brian Bailey, 53, a D.C. real estate developer were sentenced today on bribery and …
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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 …
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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 …
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‘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 …
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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 …