Real Estate: Property Taxes in US on the Rise

Real Estate: Property Taxes in US on the Rise






Real Estate: Property Taxes in US on the Rise Property taxes rose a record-3.2% in FY 2016, according to reports. The 2016 amount of taxes collected was $540,701,000,000 compared to $523,952,380,000 in Y 2015. New Jersey property owners paid the most taxes in  Y 2016, reports WalletHub, with annual taxes set at 2.35%. The rate […]






Emaar Completes Foundation of New Tallest Tower in Dubai

Emaar Completes Foundation of New Tallest Tower in Dubai






Emaar Completes Foundation of New Tallest Tower in Dubai The Tower at Dubai Creek Harbour is anticipated to be completed by 2020 Monday Dubai developer Emaar announced that it has laid the foundation for the construction of what is slated to become the world’s new tallest building – The Tower at Dubai Creek Harbour. Launched […]






Dubai’s Meraas says, “Bluewaters Island Almost Finished”

Dubai’s Meraas says, “Bluewaters Island Almost Finished”






Dubai’s Meraas says, “Bluewaters Island Almost Finished” The island includes the world’s tallest and largest observation wheel Dubai developer Meraas has said 75% of construction work at its record-breaking Dhs6bn ($1.63-B) Bluewaters Island project is finished. Residences at the project, which includes the world’s tallest and largest observation wheel Ain Dubai, are scheduled for handover […]






UAE Launches Project to Become “World’s Best” Country

UAE Launches Project to Become “World’s Best” Country






UAE Launches Project to Become “World’s Best” Country The project’s objectives center on education, economy, government development and community cohesion The UAE’s Cabinet has launched the 2071 Centennial project to make the country the best in the world 100 years after its founding. The plan was revealed by is Highness Sheikh Mohammed Bin Rashid Al […]






US Existing Home Sales Fall 3.7% From January High

US Existing Home Sales Fall 3.7% From January High






US Existing Home Sales Fall 3.7% From January High $DIA, $SPY, $QQQ, $VXX US home resales fell more than expected in February on a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors (NAR) said Wednesday existing home sales declined 3.7% to a […]






MGM to Operate Dubai Hotel Resort

MGM to Operate Dubai Hotel Resort






MGM to Operate Dubai Hotel Resort $MGM The project will include regional debuts of MGM’s brands with a Dubai version of the famous Bellagio hotel Dubai government-owned real estate management firm Wasl Asset Management has selected US hotel and entertainment company MGM Hospitality to develop, advise and operate a 26-acre branded beachfront development. The Dubai […]






Dubai Real Estate News: Jumeirah Beach

Dubai Real Estate News: Jumeirah Beach






Dubai Real Estate News: Jumeirah Beach Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum today launched a new beachfront entertainment destination located at Jumeirah beach near Burj Al Arab in Dubai, that features MGM and Bellagio hotels. Sheikh Mohammed was accompanied by H.H. […]






Abu Dhabi Approves Shams Marina, 5-Star Hotel Projects

Abu Dhabi Approves Shams Marina, 5-Star Hotel Projects






Abu Dhabi Approves Shams Marina, 5-Star Hotel Projects In total the authority approved 24 development projects for Q-4 Abu Dhabi’s Urban Planning Council (UPC) has approved a number of project including the Shams Marina on Al Reem Island and a new 5-Star hotel on Saadiyat Island. In total the authority approved 24 development projects for […]






Dubai Silicon Oasis is Growing Fast

Dubai Silicon Oasis is Growing Fast






H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), said on Saturday the authority has registered AED518 million in recurring revenue by end-2016, representing a 9.4 percent increase compared to 2015. DSOA also earned AED234.7 million in net profit, in 2016, achieving a 27.7 percent growth over the previous year. […]






Dubai Real Estate News: Jumeirah Central

Dubai Real Estate News: Jumeirah Central






Dubai Real Estate News: Jumeirah Central Jumeirah Central, Dubai’s new urban mixed-use district, will make its international debut at MIPIM 2017, the annual gathering of the world’s most influential international property players. Master planned by Dubai Holding, the global investment holding company, Jumeirah Central is already attracting significant interest from international institutional investors looking to […]






Emaar Properties PJSC (EMAR.DU) Upgraded to Buy

Emaar Properties PJSC (EMAR.DU) Upgraded to Buy






Emaar Properties PJSC (EMAR.DU) Upgraded to Buy FY 2016 revenues increase 14% to AED 15.540 billion (US$ 4.231 billion) Recurring revenue from shopping malls, hospitality, entertainment and leisure businesses increased to AED 5.976 billion (US$ 1.627 billion), 38% of total revenue Q4 (Oct to Dec) 2016 net profit increases 56% to AED 1.613 billion (US$ […]






Virtual Reality Technology To Sell Over $250 Million In Real Estate

Virtual Reality Technology To Sell Over $250 Million In Real Estate






Trumark Urban has just announced the rollout of the largest and most advanced application of virtual reality in residential real estate to date at The Pacific, the award-winning luxury residences in San Francisco’s exclusive Pacific Heights neighborhood. Inspired by the stunning architecture of Glenn Rescalvo at Handel Architects and interior design by Handel Interior Design, […]






US Real Estate: Sneak Preview Into Porsche Design Tower Miami






US Real Estate: Sneak Preview Into Porsche Design Tower Miami Miami Luxury Real Estate LLC proudly announces their newest listing – unit 4401 at Porsche Design Tower, home to 22 Billionaires from around the World. This breathtaking 4 Bedrooms, 6,5 Bathrooms, 9,474 s.f. condo, Lower Penthouse on 2 levels has 22 ft. ceilings, magnificent Ocean […]






US Real Estate: Mortgage Rates Jump to Nearly 3-Year High

US Real Estate: Mortgage Rates Jump to Nearly 3-Year High






US Real Estate: Mortgage Rates Jump to Nearly 3-Year High M ortgage rates increased for a second week in a row, with the benchmark 30-year fixed mortgage rate rising to the highest level since April 2014 at 4.38 percent, according to Bankrate.com’s weekly national survey. The 30-year fixed mortgage has an average of 0.26 discount […]






Tight Market Governing US Housing Recovery

Tight Market Governing US Housing Recovery






Tight Market Governing US Housing Recovery The US housing market, a Key economic driver, is very tight, with supply struggling to meet demand as the sector recovers a decade after the housing crisis. But persistent pent-up demand among would-be homeowners could cause builders to boost construction, helping to ease pressure on the market for new […]






F1: Liberty Media Moves HQ to London’s St. James District

F1: Liberty Media Moves HQ to London’s St. James District






F1: Liberty Media Moves HQ to London’s St. James District $LMCA Liberty Media (NASDAQ:LMCA) will move the HQ of its Formula One racing series to London’s St James District in London, in a reflection of its growth ambitions. F-1 is now moving the operation to larger facilities close to London’s iconic Piccadilly Circus. The move […]






Launch of Dubai’s First Modern Stone Villas

Launch of Dubai’s First Modern Stone Villas






Launch of Dubai’s First Modern Stone Villas DAMAC Properties, a leading luxury real estate developer in the region, today launched Hajar Villas, Dubai’s first modern stone villas. Hajar Villas are a collection of premium, contemporary homes available in four-bedroom vacation homes, spacious three-bedroom homes, one-bedroom duplexes with open-plan arrangements, and duplex units for families, consisting […]






Real Estate News: Rich Americans Prefer to Rent

Real Estate News: Rich Americans Prefer to Rent






In line with pressing market demand, the housing industry has gone through a powerful shift towards more profuse options and amenities, increasing the options of available rental offerings. Marcus Hiles has participated and invested in residential property development for decades and urges a close attention to detail regarding the reasons why affluent couples, families, and […]






Hong Kong Real Estate News

Hong Kong Real Estate News






Hong Kong Real Estate News Far East Consortium International Limited (“FEC” or the “Group”; SEHK: 35) is pleased to announce that on 3 March 2017 (after trading hours), Dorsett Hospitality International Limited (“Dorsett Hospitality”), a wholly owned subsidiary of the Group, entered into a Sale and Purchase Agreement with Golden Wheel Jasper Company Limited (“Golden […]






US Home Mortgage Refinancing Activity Hits 2.5-Month High

US Home Mortgage Refinancing Activity Hits 2.5-Month High






US Home Mortgage Refinancing Activity Hits 2.5-Month High US application activity to refinance a mortgage climbed to its highest level since mid-December as 30-year home borrowing costs declined to their lowest in 6 weeks, Mortgage Bankers Association data released on Wednesday showed. The Washington-based industry group said its seasonally adjusted measure of loan applications for […]






US Home Prices Up in December, Fastest Pace in a Year

US Home Prices Up in December, Fastest Pace in a Year






US Home Prices Up in December, Fastest Pace in a Year US home prices rose in December, this as prospective buyers bid against each other for a limited supply of property. The Standard & Poor’s CoreLogic Case-Shiller 20-City home price index, released Tuesday, increased 5.6%, the most since January 2016. The price gainer reflects the […]






Hong Kong Real Estate Report

Hong Kong Real Estate Report






Twenty eight residential sites with the potential to provide 18,900 flats will be released under the 2017-18 land sale program, the Government announced today. Included in the sale program are three commercial or business sites which can provide about 172,000 square meters of space and a hotel site which can provide about 550 rooms. “Eight […]






sbe to Open Mondrian Doha

sbe to Open Mondrian Doha






sbe to Open Mondrian Doha sbe, the leading lifestyle hospitality company that develops, manages and operates award-winning hospitality venues globally, will open its first hotel in the Middle East with the launch of Mondrian Doha, Qatar in spring (quarter two), 2017. This soft opening will set the stage for Mondrian Doha’s grand opening celebration, which […]






US Real Estate News: Home Sales

US Real Estate News: Home Sales






US Real Estate News: Home Sales With the tug-of-war between rising home sales and shrinking inventory intensifying, January set records for the RE/MAX National Housing Report. Last month topped all other Januarys in the report’s nine-year history with the most sales, highest sales price and fewest days on market. In the 53 metro areas surveyed, […]






Abu Dhabi Rents to Dip in 2017 on New Supply

Abu Dhabi Rents to Dip in 2017 on New Supply






Abu Dhabi Rents to Dip in 2017 on New Supply Thousands of new apartments and potentially decreased housing allowances are expected to weigh on the market Average apartment and villa rents in Abu Dhabi are expected to weaken further this year after declining in Y 2016 due to new supply and uncertainty related to state […]






10 Luxury Properties, All Selling Without Reserve

10 Luxury Properties, All Selling Without Reserve






A modern retreat located in the exclusive Four Seasons Residences, a mountainside estate minutes from some of the world’s best skiing, and eight waterfront opportunities in Mexico, the Bahamas, the Virgin Islands, and Costa Rica are among the latest offerings spanning four countries. Global marketplace Concierge Auctions’ latest lineup is sure to elicit buyer interest […]






The Trump World Golf Club Dubai is set to open in 2018

The Trump World Golf Club Dubai is set to open in 2018






The Trump World Golf Club Dubai is set to open in 2018 Tiger Woods reviews Dubai golf course progress with developer Damac Golfer Tiger Woods reviewed the progress of the golf course designed by him at the Akoya Oxygen project in Dubai, developer Damac Properties announced Thursday. The American professional golfer designed the Trump World Golf Club […]






Luxury Real Estate Remains Strong

Luxury Real Estate Remains Strong






Luxury Real Estate Remains Strong New York City-based Concierge Auctions continued to dominate the luxury real estate auction market in 2016, reaching over $1 billion in aggregate sales, achieving first-time sales in Europe and several record-setting transactions around the globe. In addition to its international expansion of including sales in France, Spain, and the United […]






US Pending Home Sale Up +1.6% in December

US Pending Home Sale Up +1.6% in December






US Pending Home Sale Up +1.6% in December $DIA, $SPY, $QQQ, $VXX More Americans signed contracts to buy homes in December. The increase possibly reflects more people scrambling to purchase homes as mortgage rates have been rising and increasing the costs of ownership. The National Association of Realtors (NAR) said Monday that its seasonally adjusted […]






US Real Estate Report

US Real Estate Report






New construction starts in December slipped 5% to a seasonally adjusted annual rate of $613.0 billion, according to Dodge Data & Analytics. The latest month’s decline for total construction was due to sharply reduced activity for the nonbuilding construction sector, reflecting further erosion by public works as well as a steep plunge by the electric […]






Hong Kong Billionaires Top the World’s List

Hong Kong Billionaires Top the World’s List






Hong Kong Billionaires Top the World’s List $AMC Over 50% of the Hong Kong billionaires ranked among the world’s 500 richest people derive their fortunes from property, controlling $119-B in total net worth. Property moguls from the US, a country with more than 40X HK’s population and almost 9X the representation on the Billionaires Index are […]






The Key Reason Live Trading News Covers a Wide Variety of Topics

The Key Reason Live Trading News Covers a Wide Variety of Topics






The Key Reason Live Trading News Covers a Wide Variety of Topics Many readers have ask us why we cover political and health issues when our primary focus is on the financial markets. The Key reason is that all these fields are connected, we do not have free market forces anymore. Virtually everything is manipulated, from […]






Amazon’s (NASDAQ:AMZN) Bezos, the Anonymous Buyer of Biggest House in DC

Amazon’s (NASDAQ:AMZN) Bezos, the Anonymous Buyer of Biggest House in DC






Amazon’s (NASDAQ:AMZN) Bezos, the Anonymous Buyer of Biggest House in DC $AMZN Amazon founder and Washington Post owner Jeff Bezos has bought the former Textile Museum, a 27,000 sqf property, intending to convert it into a single-family home, so he will be close to his “pal” Barack Hussein Obama and the back door to the Obama […]






Tencent Holdings Ltd (HKG:0700) and Juwai Reinvent Real Estate in China

Tencent Holdings Ltd (HKG:0700) and Juwai Reinvent Real Estate in China






Tencent Holdings Ltd (HKG:0700) and Juwai Reinvent Real Estate in China Juwai has partnered with Tencent, China’s largest internet company, to create a new and expansive real estate marketplace for Chinese buyers and sellers. Tencent will host the marketplace, and Juwai will handle user inquiries, and connect them to listing agents for the properties they’re […]






Hong Kong Palace Museum

Hong Kong Palace Museum






Hong Kong Palace Museum In view of the public discussion about the proposed Hong Kong Palace Museum (“HKPM”), The Hong Kong Jockey Club (the “Club”) wishes to make the following statement: The Club, through its Charities Trust (the “Trust”), agreed to fund the capital cost of the proposed project because it is a unique and […]






Better Homes & Gardens Reveals 2017 Editors’ Choice Awards

Better Homes & Gardens Reveals 2017 Editors’ Choice Awards






Better Homes & Gardens Reveals 2017 Editors’ Choice Awards Better Homes & Gardens, the leading lifestyle brand reaching 40 million readers a month, has revealed its third annual Editors’ Choice Awards. Chosen by Better Homes & Gardens editors, and technology and digital media expert Shelly Palmer, the Editors’ Choice Awards highlight the best of new […]






U.S. Housing Worth Record-High $29.6 Trillion in 2016

U.S. Housing Worth Record-High $29.6 Trillion in 2016






U.S. Housing Worth Record-High $29.6 Trillion in 2016 he national housing market gained $1.6 trillion over the past year, a 5.7 percent increase from 2015 – Los Angeles is the most valuable metro, worth a cumulative $2.5 trillion. – Portland, Ore. had the biggest increase in value among the largest housing markets, growing 13.4 percent […]






Mercedes-Benz Arena In Shanghai

Mercedes-Benz Arena In Shanghai






Premium German automaker brand Mercedes-Benz has extended its partnership with AEG and Oriental Pearl Group (OPG) for the naming rights of Mercedes-Benz Arena in Shanghai until 2025 – an additional five years beyond the existing 10-year naming rights deal negotiated by arena operator AEG, which commenced in 2011. The naming rights extension marks a strong […]






Rents on the Rise in New York City

Rents on the Rise in New York City






Key facts for November 2016: Manhattan’s median monthly rent grew 1.9 percent year-over-year to $3,245, led by 6.4 percent growth in Upper Manhattan. Upper Manhattan rentals also had the smallest share of inventory discounted (29.9 percent). Median resale price in Manhattan rose 0.5 percent year-over-year to $979,791, the slowest pace of price growth since January […]






US Real Estate: Mortgage Rates Rise

US Real Estate: Mortgage Rates Rise






US Real Estate: Mortgage Rates Rise Mortgage rates inched upward, but it was enough to extend the climb to a ninth consecutive week, with the benchmark 30-year fixed mortgage rate now at 4.32 percent, according to Bankrate.com’s weekly national survey. The 30-year fixed mortgage has an average of 0.24 discount and origination points. The larger […]






Palm Beach News: Palm House to Set a New Standard of Luxury

Palm Beach News: Palm House to Set a New Standard of Luxury






Palm Beach News: Palm House to Set a New Standard of Luxury The Bob Matthews designed Palm House at 160 Royal Palm Way Palm Beach is set to become an Icon of luxury and sophistication in Palm Beach, Florida. Palm House is a boutique luxury hotel and residence collection consisting of 70 suites and penthouses […]






US Real Estate: Pending Home Sales Fall

US Real Estate: Pending Home Sales Fall






Pending home sales dipped in November to their lowest level in nearly a year as the brisk upswing in mortgage rates and not enough inventory dispirited some would-be buyers, according to the National Association of Realtors®. Only the Northeast saw monthly and annual pending sales gains last month. The Pending Home Sales Index,* a forward-looking […]






Real Estate: S&P CoreLogic Case-Shiller National Index

Real Estate: S&P CoreLogic Case-Shiller National Index






Real Estate: S&P CoreLogic Case-Shiller National Index S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for October 2016 shows that home prices continued their rise across the country over the last 12 months. More than 27 years of […]






Vermont Real Estate News: Spruce Peak

Vermont Real Estate News: Spruce Peak






Spruce Peak at Stowe, New England’s only true luxury mountain resort community, announces a total of more than $70 million in closed and newly signed contracts in 2016, bolstered by the introduction of the 18 four-bedroom Village Townhomes in November 2016. To date, nine townhomes residences have sold, ranging from $1.8 to $2.2 million. Architects […]






Real Estate News: Penthouse in Aspen Sells For $16 Million

Real Estate News: Penthouse in Aspen Sells For $16 Million






Real Estate News: Penthouse in Aspen Sells For $16 Million Dancing Bear Aspen announced today the $16,000,000 sale of the penthouse residence within its newly opened Mountainside building, setting a new price per square foot record in the Aspen real estate market. At a price of $5,427 per square foot, the sale tops the previous […]






November 2016 Mortgage Data

November 2016 Mortgage Data






November 2016 Mortgage Data — Delinquency rate up by 2.5 percent, a relatively mild seasonal increase by historical standards — Annual improvement in mortgage delinquency rates is beginning to slow as market “normalizes” — Number of loans in active foreclosure drops below 500K for the first time in nearly 10 years — Pre-payment activity remains […]






Miami Real Estate News: First-Time Homebuyers

Miami Real Estate News: First-Time Homebuyers






Miami Real Estate News: First-Time Homebuyers Trulia®, a leading destination for homebuyers and renters, today released the findings from the Trulia Inventory and Price Watch. This quarter’s report found that the number of homes for the average first-time homebuyer saw its steepest year-over-year drop in three years, falling 12.1% since 2015. Moreover, these buyers will […]






Real Estate News: Palm Beach, New York, Venice Luxury Auctions

Real Estate News: Palm Beach, New York, Venice Luxury Auctions






New York City-based luxury real estate marketplace Concierge Auctions has added three properties to its upcoming Winter Portfolio Sale, including an Italian palazzo apartment in Venice, Italy; a coveted penthouse in Tel Aviv, Israel; and a 9,500-square-foot Caribbean oceanfront mansion in St. Croix, USVI. The newest offerings are three of 19 dream homes globally that […]






Former Used Car Salesman and Sidekick in Palm Beach EB5 Disaster

Former Used Car Salesman and Sidekick in Palm Beach EB5 Disaster






Former Used Car Salesman and Sidekick in Palm Beach EB5 Disaster Former Key West Used Car Salesman Joe Walsh and his Sidekick Ryan Black are attempting to take control of Palm House with no actual money, just a promise that someone will have a look for the money. This is the latest installment of the […]






Miami Real Estate News: YOO STUDIO AND ITALKRAFT

Miami Real Estate News: YOO STUDIO AND ITALKRAFT






YOO STUDIO AND ITALKRAFT ADOPT BRAND STRATEGY TO MARKET YOO STUDIO BRANDED KITCHENS TO DEVELOPERS AND HOTELIERS AROUND THE GLOBE Since 2005, ITALKRAFT, the full-service kitchen, bathroom and closet wholesaler, designer, manufacturer and installation company has serviced successful developers and hoteliers from around the globe and today announced its partnership with YOO Studio, an international […]






Middle East Real Estate Market Facing Uncertainty

Middle East Real Estate Market Facing Uncertainty






Middle East Real Estate Market Facing Uncertainty Sudden policy changes made by the incoming US President, Donald Trump, will affect regional real estate markets, says Cluttons The Middle East’s real estate market is set to face further uncertainty following the election of Donald Trump as the 45th US President, property consultancy Cluttons has said in […]






Phuket Real Estate News: Idealtropical

Phuket Real Estate News: Idealtropical






The team at “Idealtropical” Real Estate consists of experienced people with over 17 years of real estate experience who are here to help you turn your property dreams into reality. Idealtropical are a family business with very experienced negotiating skills and positive attitudes, the Idealtropical team has your best interests at heart. If you are […]






Penthouse at Sydney Tower Breaks Record with $26-M Sale

Penthouse at Sydney Tower Breaks Record with $26-M Sale






Penthouse at Sydney Tower Breaks Record with $26-M Sale Unidentified buyer purchases 4-bedroom apartment at Opera Residences Sales of Sydney’s 20-story, yet-to-be-built luxury development Opera Residences have reportedly kicked off with a record. The four-bedroom penthouse was purchased for A$26-M (US$19-M), an Australian record for an apartment, according to Domain Australia. The unidentified buyer, a […]






Coldwell Banker Bring Real Estate Buying to Virtual Reality

Coldwell Banker Bring Real Estate Buying to Virtual Reality






Virtual reality is poised to become the next big breakthrough for real estate. Recently, two sales associates affiliated with Coldwell Banker Real Estate LLC in Northeast Ohio have traded a traditional “broker’s open house” for virtual reality headsets to transform the way the real estate community can view real estate listings. Anthony Colantuono and Mike […]






Rosewood Hotels & Resorts to Open New Hong Kong Property

Rosewood Hotels & Resorts to Open New Hong Kong Property






Rosewood Hotels & Resorts to Open New Hong Kong Property Rosewood Hotels & Resorts will open its 1st Hong Kong property in Y 2018 in a prime Victoria Harbour waterfront location on Salisbury Road in Tsim Sha Tsui. The new property will will occupy 27 floors of the New World Development Company Limited-owned multi-use tower. […]






Real Estate: London’s Spire to be the Tallest Residential Building in Western Europe

Real Estate: London’s Spire to be the Tallest Residential Building in Western Europe






Real Estate: London’s Spire to be the Tallest Residential Building in Western Europe In Y 2013, the architecture firm HOK was approached by a representative of the Greenland Group, China’s 3rd-largest developer. “They said they were investing in London and that they’d made an offer on a parcel,” said HOK Senior Vice President Larry Malcic. “They had […]






Chedi Mumbai to Open By End of 2016

Chedi Mumbai to Open By End of 2016






Chedi Mumbai to Open By End of 2016 General Hotel Management Ltd (GHM) has joined hands with Rajesh LifeSpaces, one of Mumbai’s most trusted real estate companies, to bring The Chedi brand to the hospitality market in India’s wealthiest city. Rajesh LifeSpaces’ strategic move into the hospitality arena, with the Singapore-based luxury hotel management company […]






The World’s Best Hotels, Resorts, Cities, Islands, Airlines, And Cruise Lines

The World’s Best Hotels, Resorts, Cities, Islands, Airlines, And Cruise Lines






Condé Nast Traveler today announced the results of its 29th annual Readers’ Choice Awards, ranking the best hotels, resorts, cities, islands, airlines, and cruise lines in the world. Over 300,000 dedicated readers – nearly twice as many as last year — cast votes for 7,394 hotels, 606 cities, 500 cruise ships, 236 islands, in an […]






Real Estate Report: Miami

Real Estate Report: Miami






Ten-X, the nation’s leading online real estate transaction marketplace, has released its Second Quarter 2016 Economic and Single-Family Housing Market Outlook Report for Miami, which reveals that while home sales continue to improve, the area’s homeownership rate has fallen to its lowest level since bottoming out in mid-2014. Homeownership in the Miami-Fort Lauderdale-Palm Beach metro, […]






Hotel News: China Life is Buying

Hotel News: China Life is Buying






Starwood Capital Group, a leading global private investment firm, announced today that China Life Insurance Co. Ltd., China’s largest life insurance company, has invested with Starwood Capital Group in approximately $2 billion of select-service hotels in the United States. China Life will serve as both the anchor and leading investor for the portfolio alongside a […]






Sales of Singapore’s New Private Homes + 49.3% in September

Sales of Singapore’s New Private Homes + 49.3% in September






Sales of Singapore’s New Private Homes + 49.3% in September Sales of Singapore’s new private homes increased 49.3% in September Y-Y, according to data released by Urban Redevelopment Authority (URA) Monday. Compared with the prior month, URA said sales of private homes increased 8.8% in September. Excluding executive condominiums (ECs), property developers sold 509 units […]






Raffles Hotel Singapore Set for a ‘Careful & Sensitive’ Restoration

Raffles Hotel Singapore Set for a ‘Careful & Sensitive’ Restoration






Raffles Hotel Singapore Set for a ‘Careful & Sensitive’ Restoration Raffles Hotel Singapore announced plans to embark on a ‘careful and sensitive’ restoration program. The restoration of the Katara Hospitality-owned iconic heritage hotel, managed under the award-winning Raffles Hotels & Resorts, will be conducted over 3 phases. The program’s 1st phase will begin in January […]






Palm Beach Real Estate News: A “Signature” Property

Palm Beach Real Estate News: A “Signature” Property






Palm Beach Real Estate News: A “Signature” Property Located in the heart of Palm Beach County, Florida in trendy Delray Beach, Stone Creek Ranch is a private, serene community with 37 luxury lakefront estates. A new estate is for sale in the exclusive Stone Creek Community and due to their success in the sales of […]






Hotel News: Four Seasons Hotel at The Surf Club, Surfside, Florida

Hotel News: Four Seasons Hotel at The Surf Club, Surfside, Florida






Hotel News: Four Seasons Hotel at The Surf Club, Surfside, Florida Situated on 900 feet of pristine white sand beach, Four Seasons Hotel at The Surf Club, Surfside, Florida is the sophisticated epicentre of this exclusive enclave in the North Beach area of Miami.  With Collins Avenue outside the front door, prestigious Bal Harbour shopping […]






US Real Estate Report: Home Price Perception Index

US Real Estate Report: Home Price Perception Index






US Real Estate Report: Home Price Perception Index Quicken Loans, the nation’s second largest retail mortgage lender, today announced appraisals lagged behind what homeowners estimated by 1.26 percent in September, according to the company’s national Home Price Perception Index (HPPI). This is a slight move toward equilibrium after a 1.56 percent gap between perceptions in […]






Dubai to Overtake London as Top Pick for Wealthy GCC Investors

Dubai to Overtake London as Top Pick for Wealthy GCC Investors






Dubai to Overtake London as Top Pick for Wealthy GCC Investors Softening prices in Dubai was cited as the top reason for its increase in attractiveness Dubai’s property market is set to overtake the international destinations of London, New York and Singapore as the Top choice for the GCC’s wealthiest investors next year, a report […]






UK Pinewood Studios Sold to Real Estate Investment Fund

UK Pinewood Studios Sold to Real Estate Investment Fund






UK Pinewood Studios Sold to Real Estate Investment Fund The iconic UK studio home of the James Bond franchise and ‘Star Wars’ is Europe’s largest provider of studio space. The sale of Pinewood Group to a real estate investment fund in a deal worth $412-M has closed/. Pinewood Studios was sold to Picture Holdco Ltd., an […]






Hurricane Matthew Could Inflict $200-B in Damage to Coastal Homes

Hurricane Matthew Could Inflict $200-B in Damage to Coastal Homes






Hurricane Matthew Could Inflict $200-B in Damage to Coastal Homes $DIA, $SPY, $QQQ, $VXX Hurricane Matthew could potentially cause $200-B in damage to coastal homes, and that number could rise depending on the path and intensity of the Category 4 storm. At least 954,000 people are at risk of major storm surge damage, according to […]






Hotel Real Estate: New York

Hotel Real Estate: New York






HFZ Capital Group, the leading Manhattan-based real estate development and investment company, announced today that Six Senses Hotels Resorts Spas, the Bangkok-based operator of a celebrated collection of five-star hospitality properties in some of the world’s most idyllic locations, will open its flagship North American urban hotel at HFZ’s visionary full block mixed-use development project […]






Hotel News: Hotel Chinzanso Tokyo

Hotel News: Hotel Chinzanso Tokyo






Hotel News: Hotel Chinzanso Tokyo Hotel Chinzanso Tokyo, leading Japanese hospitality company Fujita Kanko’s five-star flagship property, completed the third phase of its comprehensive renovation and plans to have finished renovating 241 of all 267 guest rooms and suites by 2017. To provide a glimpse of the total make-over, the hotel unveiled its renovated Japanese […]






New York Real Estate Report

New York Real Estate Report






Key facts for August 2016: Manhattan’s median rent increased 2.9 percent year-over-year to $3,320, half the pace of growth at this time last year (5.8 percent). Brooklyn’s median rent increased 1.9 percent to $2,932, the slowest annual growth since December 2010 and less than half the growth in August 2015 (4.7 percent). East Brooklyn’s rent […]






Palm Beach Attracting Businesses Nationwide

Palm Beach Attracting Businesses Nationwide






Palm Beach Attracting Businesses Nationwide Palm Beach County continues to be a powerful magnet for companies seeking a talented workforce, high quality of life and favorable business climate, according to new figures released by the Business Development Board of Palm Beach County at its year-end luncheon. Addressing a capacity crowd of business leaders at the […]






Hotel News: Virgin Hotels

Hotel News: Virgin Hotels






Virgin Hotels, the lifestyle hotel brand by Virgin Group founder Sir Richard Branson, has announced plans to open and operate a new hotel in Milpitas, California, within a new neighborhood development of top tier residential and retail stores called “The Fields.” The mixed used development broke ground in November 2015 and the hotel is expected […]






UAE to Become Marriott’s Largest MENA Market on Starwood Deal

UAE to Become Marriott’s Largest MENA Market on Starwood Deal






UAE to Become Marriott’s Largest MENA Market on Starwood Deal $MAR Marriott will become the “number one hospitality operator for Expo 2020,” according to MEA president Alex Kyriakidis The UAE will be newly enlarged Marriott International’s (NYSE:MAR) largest MENA market by 2020 following the merger with Starwood Hotels & Resorts. Speaking at a conference in […]






Longer Visas for Dubai Property Investors Will Boost Market

Longer Visas for Dubai Property Investors Will Boost Market






Longer Visas for Dubai Property Investors Will Boost Market Issuing such visas will encourage a retirement market in Dubai Dubai’s real estate market could receive a boost from long-term investors if they are provided with longer-stay visas, experts say. Currently, the regulations for property visas in the UAE are rigorous and investors need to meet […]






Hotel News: New Orleans

Hotel News: New Orleans






The historic Astor Crowne Plaza – New Orleans French Quarter, situated at the corner of world-famous Canal and Bourbon Streets, has undergone a dramatic transformation following a $13 million renovation that combines modern elegance with a touch of old New Orleans. All of the hotel’s 700 rooms underwent a complete facelift, with modernized interiors that […]






US Real Estate: New Construction

US Real Estate: New Construction






New construction starts in August soared 21% to a seasonally adjusted annual rate of $711.2 billion, according to Dodge Data & Analytics, following lackluster activity in July. The August rise for total construction starts featured an especially elevated amount for nonresidential building, which was helped by the start of a $3 billion petrochemical plant in […]






US Real Estate Report: Florida

US Real Estate Report: Florida






Florida’s housing market reported more closed sales, higher median prices, more new listings and fewer all-cash closed sales in August, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 25,070 last month, up 8.2 percent from August 2015. “A continued lack of inventory – particularly in the […]






Bahrain’s Investcorp Acquires $223.5-M Office Tower Seattle, Washington

Bahrain’s Investcorp Acquires $223.5-M Office Tower Seattle, Washington






Bahrain’s Investcorp Acquires $223.5-M Office Tower Seattle, Washington The acquisition was carried out by Investcorp’s US-based real estate arm Bahrain’s Investcorp has acquired an office building in Seattle, Washington (USA) for approximately $223.5-M, it announced Sunday. The acquisition was carried out by its US-based real estate arm and falls under Investcorp’s “new initiative of acquiring […]






Ani Villas to Open Fourth Private Resort in Dominican Republic

Ani Villas to Open Fourth Private Resort in Dominican Republic






Ani Villas to Open Fourth Private Resort in Dominican Republic Owning group sets sights on summer 2017 for new Villa and complementary Art Academy Ani Villas, a collection of private resorts that includes two new estates in Thailand and Sri Lanka opened earlier this year, has announced plans to debut its fourth property in the […]






Dubai Cityscape Global Real Estate Exhibition

Dubai Cityscape Global Real Estate Exhibition






Dubai Cityscape Global Real Estate Exhibition His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,on Tuesday toured the 15th Cityscape Global real estate exhibition which began today at Dubai World Trade Centre and will conclude on September 8. Some 272 exhibitors from more than […]






Disney’s (NYSE:DIS) Star Wars Land Prompts $6-B In Development

Disney’s (NYSE:DIS) Star Wars Land Prompts $6-B In Development






Disney’s (NYSE:DIS) Star Wars Land Prompts $6-B In Development $DIS Four new luxury hotels are planned, a larger Convention Center, plus updated infrastructure is tied to the planned ‘Star Wars’ Land. Anaheim, California real estate developer-friendly and $6-B in recent investment, much of which is derived from Disney’s upcoming Stars Wars Land. The $6-B includes […]






US Real Estate Report: Valuations on the Rise

US Real Estate Report: Valuations on the Rise






CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released a new analysis showing 548,000 U.S. homeowners regained equity in Q2 2016 compared with the previous quarter, increasing the percentage of homes with positive equity to 92.9 percent of all mortgaged properties, or approximately 47.2 million homes. Nationwide, home equity […]






Hotel News: Luxury Hotel Association Pinnacle Summit

Hotel News: Luxury Hotel Association Pinnacle Summit






The ILHA will be hosting their annual Pinnacle Summit 25 – 27 September 2016 at the Gaylord Resort and Conference Center in Washington D.C. John Vanderslice, Global Head, Luxury & Lifestyle Brands, Hilton Worldwide will be the keynote speaker on Monday, talking about Passion Points: What Matters Most to Today’s Luxury Traveler followed by Joe […]






Dubai Opera, the country’s first opera house and multi-format theatre






At the heart of The Opera District is Dubai Opera, a 2,000-seat, multi-format performing arts venue which is set to captivate visitors when it opens in 2016. The design of Dubai Opera is deeply rooted in Dubai’s maritime history, with the Arabian dhow becoming the inspiration behind the architecture of the building. Dubai Opera will […]






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