Investment volume in the central London office market dropped to £2.2 billion for the first three months of 2016. This is less than half of the £4.6 billion recorded in the last quarter of 2015 Erection official site viagra uk … Continue reading →
Shareholders of both Marriott International and Starwood Hotels & Resorts Worldwide Inc. have approved Marriott’s $14.41 billion acquisition of Starwood, according to The Washington Post. Starwood stockholders will receive 0.8 shares of Marriott common stock at closing plus $21.00 in … Continue reading →
The median US home value dropped by three percent from January 2008 ($189,200) to December 2015 ($183,500),
Continue reading →The total value of all developed real estate in the world (excluding informal neighborhood commercial properties such as smaller shops and local work spaces) totaled $217 trillion in 2015, amounting to 2.7 times the global GDP and about 60 percent … Continue reading →
Foreign purchases of US real estate totaled $87.3 billion in completed deals for 2015, according to Bloomberg (citing data from Real Capital Analytics Inc.). Manhattan captured 27 percent of this amount ($23.5 billion). According to the 24th annual survey by … Continue reading →
Foreign ownership of condominiums in Toronto and Vancouver increased to 3.3 percent and 3.5 percent respectively, over the past 12 month – up from the low to mid 2 percent range,
Continue reading →This week, the US House of Representatives approved legislation that would remove the tax benefits of spinning off corporate real estate into separate, publicly traded real estate investment trusts (REITs). Ending such spin-offs is expected to generate $1.9 billion in … Continue reading →
Cambridge Property Group, LLC recently purchased the 128,571sf mixed-use property at 1250 23rd Street NW on behalf of its affiliate Galaxy, LLC, in partnership with Westport Capital Partners. Built in 1989 and renovated in 2010, the Class B building sold for … Continue reading →
In the year ended in March, Chinese buyers spent $28.6 billion on homes in the US – more than double their purchases two years before,
Continue reading →CW Capital will sell the 11,232-unit, 80-acre Stuyvesant Town-Peter Cooper Village to The Blackstone Group for $5.3 billion, according to The New York Times. The buyer has agreed to set aside 4,500 apartments for middle-income families and an additional 500 … Continue reading →