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Shaq sells Florida mega-mansion for $16....

Shaquille O’Neal sold his Orlando, Fla., mansion for only $16.5 million — a Shaquille O’Steal — at almost $12 million under its original 2018 asking price. The 31,000-square-foot complex on

What a Democratic-controlled Congress co...

Jon Ossoff and David Perdue, candidates for Senate from Georgia. Reuters; Getty Images If Democrats achieve a majority in the Senate, a number of relief measures targeted at renters struggling amid the

Homebuilding stocks ‘are not as strong...

Homebuilding stocks could be losing steam. Though the group outperformed in 2020, with the SPDR S&P Homebuilders ETF (XHB) and the iShares U.S. Home Construction ETF (ITB) both beating the S&P

Holmby Hills’ Iconic Owlwood Compound ...

The final days of 2020 were kind to the highly publicized Los Angeles estate known as Owlwood, which quietly found itself a new owner. The 10-acre, three-parcel Sunset Boulevard property sold

Sarah Jessica Parker and Matthew Broderi...

Sarah Jessica Parker and Matthew Broderick have sold their townhouse in New York’s West Village for $15 million, according to property records. The red-brick townhouse has three stories and is about

Real estate boom: Hot spots thrive under...

Billionaires were slaves to a strict jetsetter calendar — at least before COVID-19 ruffled their cravats. In early December, that meant off to Miami for Art Basel — aka “the running

Snowflake CEO says Covid has shown old a...

  Snowflake CEO Frank Slootman told CNBC on Tuesday he believes the coronavirus pandemic has fundamentally altered the role that physical offices will play for corporations going forward. “This whole notion that

Trump International Hotel Washington DC ...

The Trump International Hotel in Washington, D.C. Adam Jeffery | CNBC The Trump Organization’s efforts to sell the Trump International Hotel Washington DC have been put on indefinite hold, casting doubts on

Inside Extraordinary Homes of the Worldâ...

Traditionally, well-meaning parents have encouraged their kids to pursue careers in stable professions — medicine, law, finance, even technology. However, non-conformists might consider pointing their progenty to another, less conventional

Reese Witherspoon Sells Bucolic Malibu G...

It appears Reese Witherspoon is on somewhat of a real estate selling spree. Just six months after she unloaded her Pacific Palisades mansion for a whopping $17 million, the Oscar-winning

Housing stocks see split reaction on cor...

Rick Nazarro of Colonial Manor Realty talks with a pair of interested buyers in the driveway as a couple waits to enter a property he is trying to sell during

Rents in big cities are falling due to C...

Apartments for rent in San Francisco. Getty Images For those who want to stay in major cities, the coronavirus pandemic has had one benefit: Rents have fallen in some areas. That means it’s

Banks may have to brace for heavy losses...

(Photo: Getty Images | d3sign) SINGAPORE — Commercial real estate prices have plunged this year as people stopped going into offices, and retail businesses were disrupted. That could lead to a

Cameron Diaz, Benji Madden Buy $14.7 Mil...

After a full decade spent living in a sprawling Coldwater Canyon estate she bought from Candice Bergen, Cameron Diaz and Benji Madden have upgraded to a new home in a

Unsure How to Select Artwork? An Expert ...

They say that it’s the little things that make all the difference, and that’s definitely the case when it comes to putting those final, finishing touches on a space —

‘X-Files’ Creator Chris Carter Unloa...

Prolific showbiz multi-hyphenate Chris Carter, still best-known for creating the iconic ’90s TV series “The X-Files” and its corresponding film counterparts, has sold his massive ranch in the Santa Ynez

This chef got Covid, got laid off and th...

Joshua Copeland at the Colorado Homebuilding Academy Ryan Dumville | CNBC The coronavirus pandemic hit Joshua Copeland and his industry hard. The 38-year-old chef contracted Covid-19 last spring, losing his sense of

Here are some mortgage refinancing optio...

Courtney Keating | Getty Images Even homeowners with poor credit scores may be able to take advantage of mortgage refinancing options to ease their financial burden amid the coronavirus pandemic. The housing

Covid drives historic demand for life sc...

Research associate Sachi Johnson works at Sorrento Therapeutics where efforts are underway to develop an antibody, STI-1499, to help in prevention of the coronavirus disease (COVID-19) in San Diego, California,

Covid-19 mortgage bailouts decline sligh...

fstop123 | Getty Images After a substantial decline last week, the number of borrowers in coronavirus-related mortgage bailout programs dropped by a lot less this week. It’s a signal that homeowners still

In ‘Almost Famous,’ William Calls a ...

Ready to feel old? “Almost Famous” turns twenty today! The beloved semi-autobiographical film helmed by writer/director Cameron Crowe (available for streaming here) debuted at the Toronto International Film Festival on

Silicon Valley campuses are evolving fro...

Rendering of Maude Park, Middlefield Park Source: Google When Google announced plans for its new Mountain View tech campus this week, it didn’t look like the Silicon Valley campuses that preceded it.

Manhattan apartment deals fall 31% while...

Luxury apartments are advertised in a realtors window on the West Side of Manhattan in New York City. Spencer Platt | Getty Images Manhattan sales contracts fell 31% in August while deals

Home prices suddenly see biggest gains i...

Exceptionally strong demand, historically low supply and record low mortgage rates are combining to fuel the fastest home price growth since 2018. Nationally, home prices in July were 5.5% higher than

July pending home sales jump over 15% an...

A single family home is shown for sale and in escrow in San Marcos, California. Mike Blake | Reuters The usual summer slowdown in the housing market is not happening this year.

StoneBridge Healthcare Launches to Buy D...

StoneBridge Healthcare has been created by a composite finance group to buy and save distressed hospitals in the US. Funded by a group composed of debt and equity sources including Medical

Op-ed: Here are tips to buy that home wi...

Noel Hendrickson/Getty Images Have you found yourself daydreaming about, or even looking for, that next new home? With interest rates at historically low rates and people stuck at home with the

Eden Health Rolls Out Office Amenity Tha...

As the US continues to face the coronavirus pandemic, Eden Health says it’s launching a health amenity for the commercial real estate market that includes a primary care doctor and testing for

‘Scream’ King Kevin Williamson Blaze...

Powerhouse film and television screenwriter and producer Kevin Williamson has celebrated his screaming showbiz success with the $17 million purchase of a newly constructed mansion in one of the most

Second $1,200 stimulus checks could be c...

Tenants and housing activists in Brooklyn, New York, protested in a Bushwick park on July 5. Erik McGregor | Getty Images Negotiations over the next coronavirus stimulus package on Capitol Hill ended

Mortgage rates hit another record low, b...

A for sale sign is seen next to a house in Arlington, Virginia on May 6, 2020. Andrew Caballero-Reynolds | AFP | Getty Images Mortgage rates fell to another record low this

Geena Davis Lists Pretty Pacific Palisad...

The longtime home of ever-young actor Geena Davis, on nearly half an acre along a quiet and picturesque, Jacaranda-lined cul-de-sac in L.A.’s posh Pacific Palisades community, has popped up for

‘S.W.A.T.’ Star Shemar Moore Sells L...

After just about five months on the market, Shemar Moore has sold his longtime home in the affluent San Fernando Valley community of Encino, Calif., for $2.4 million. Built in 1963

What to do if you’re at risk of evicti...

Protesters gather at a July 22 rally in Boston in support of legislation to block evictions in Massachusetts for up to a year. Boston Globe | Boston Globe | Getty Images If

A Porsche-Inspired London Home Seeks $42...

What do you get when a military barracks in one of London’s most exclusive neighborhoods and a famous sports car designer hop into bed together? Luxury condos, of course! Twelve

Bloomin’ Brands CEO says beef and seaf...

The CEO of Bloomin’ Brands, the parent company of restaurant chains such as Outback Steakhouse and Bonefish Grill, told CNBC on Friday that it is not experiencing rising food costs, rather that

Survey Says: Expect Net Lease Cap Rates ...

At the end of each year, The Boulder Group surveys to get a sense of what they expect in the year ahead. With COVID-19 throwing the global economy into a

Looming evictions may soon make 28 milli...

A newly erected fence blocks the front of a vacant home that Moms 4 Housing activists occupied during a months-long protest that ended in a court-ordered eviction, in Oakland, California. PHILIP

Loans in coronavirus mortgage bailouts s...

Signage stands outside the Freddie Mac headquarters in McLean, Virginia, U.S., on Monday, May 11, 2020. Andrew Harrer | Bloomberg | Getty Images The number of borrowers in government and private sector

Jordan Schur Snags Malibu Beach House

An eagle-eyed snitch tattled — and tax records confirm — that veteran music and movie executive Jordan Schur has ponied up a tad more than $5.5 million in what appears

‘My Favorite Murder’ Host Karen Kilg...

Author and veteran comedian Karen Kilgariff, who co-hosts the wildly popular “My Favorite Murder” podcast with Georgia Hardstark, is asking $1.2 million for her longtime former home in the centrally-located

Krysten Ritter Lists Hank Azaria’s For...

Having recently acquired a larger, more family-sized home in a more suburban part of Los Angeles, television and movie actor Krysten Ritter has put her celeb-pedigreed starter house deep in

Weekly homebuyer mortgage demand ticks d...

Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan | Getty Images Mortgage rates remained at a record low last week, but

Opinion: A tax credit for home improveme...

Construction workers lay shingles on the roof of a house in Farmington Hills, Michigan, May 7, 2020. Emily Elconin | Bloomberg via Getty Images There are few things that mean as much,

Will New Pandemic Changes Be Permanent?

The pandemic has been the catalyst for a bevy of changes in real estate. While there have been a lot of predictions as to how long the pandemic will last

‘A little early to tell’ if UK prope...

The U.K. property market is seeing “greenshoots” of recovery even as transactions are expected to decline by 40% in 2020, says Nicholas Holt at Knight Frank. He adds that while

Taubman Pushes Back Against Simon’s Mo...

BLOOMFIELD HILLS, MI—Taubman Centers is pushing back against Simon Property’s declaration that their $3.6 billion merger is terminated. Taubman says that Simon’s “purported” termination of the merger agreement is invalid and

The recovery from the coronavirus sure l...

The U.S. economy added a record number of jobs in May as it appeared to bounce off the bottom of the coronavirus recession, and now the chart of jobs gains

Forget About Distress. Bell Partners is ...

GREENSBORO, NC—Bell Partners just closed on its seventh apartment fund. At $950 million, it was oversubscribed from its $800 million target and with leverage added it has $2.5 billion in

Armada Hoffler Completes $90M Sale of Gr...

VIRGINIA BEACH, VA—Armada Hoffler Properties has completed a sale of seven grocery-anchored shopping centers with an institutional buyer for $90 million. The centers included in the transaction total over 630,00 square feet,

A Leader’s Pandemic Playbook

Once it became clear that the nation was shutting down to avoid Covid-19, many companies scrambled to put processes in place to continue operations remotely. Not Capstone Advisors: the company

Short-term rental market faces consolida...

Sonya Carp and her husband own two short-term rental properties in Florida, and they have decided to list one for sale as a result of the coronavirus pandemic. Courtesy of Sonya

Starwood Capital Recapitalizes TPG RE Fi...

NEW YORK—Starwood Capital Group has made a $325 million strategic investment in mortgage lender TPG RE Finance.  Its non-voting investment, made in the form of preferred stock and detachable warrants

Warehouse Demand Poised to Rise Rise as ...

CBRE Group says there will be a rise in the demand for warehouse space due to changes to business supply chains as the nation’s economy restarts. For example, companies may well have

At first, some who took the mortgage bai...

A foreclosure sign in front of a house in 2007. Getty Images As of this week, 4.75 million homeowners are in government or private sector mortgage forbearance programs, according to Black Knight.

Overlooked Net Lease Categories That Are...

Essential needs providers for net lease retail continue to be in demand for investors seeking a stable, cash-flowing, and long-term investment. As we are all aware, grocery stores, drug stores,

Simon Property Hit With $100M Class Acti...

Simon Property Group and its management company, M.S. Management Associates, were hit with a federal tenant class action lawsuit that alleges the defendants artificially inflated electricity costs that were passed

Most real estate investment trusts are s...

A mall security officer walks while wearing a protective mask during the coronavirus pandemic on May 17, 2020 in Castaic, California. Robin L Marshall | Getty Images The economic effects of the

WeWork’s Adam Neumann once said he had...

WeWork cofounder and former CEO Adam Neumann, who once called his relationship with SoftBank’s Masa Son “beautiful”, is now suing the Japanese conglomerate — and his language has changed dramatically. In

Coronavirus will shrink US home prices b...

A home awaits sale at a reduced asking price in Glendale, California. David McNew | Getty Images Home prices have only fallen nationally once since the Great Depression, and that was following