NY Investigation Of Trump Organization Holds Real Estate Giant Cushman & Wakefield In Contempt
Cushman & Wakefield denies any wrongdoing related to the court's decision and will file an appeal.
Geithner wants housing bill within two years
Congress should pass legislation overhauling the U.S. housing finance system within two years, though it should not act in haste, Treasury Secretary Timothy Geithner said.
Ventas paying $7.4 bln for Nationwide Health Properties
Ventas agreed to acquire smaller rival Nationwide Health Properties for $7.4 billion or $44.99 a share in stock, creating one of the largest publicly traded real estate investment trusts (REITs) in the United States.
Saudis allow foreigners to own property; but market remains tight
Saudi Arabia has eased its real estate and investment laws to allow foreigners residing and working in the kingdom to purchase and own properties there. The move is widely seen as a way to revive the country’s moribund real estate market.
Shanghai loses top spot as preferred property investment destination
Shanghai in China dropped to second place in the list of most favorable destinations for property investments in Asia, said a survey on Monday.
'Robo-signers' effect: U.S. foreclosures dip in Oct
Home foreclosures in the U.S. in October fell by 9 percent primarily because some major banks temporarily froze foreclosure proceedings and delayed sales of foreclosed properties nationwide after being criticized for shoddy paperwork, according to real estate data company RealtyTrac.