Real Estate Industry News
A collection of Real Estate latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Denver Union Station Developer Bets On Tokenized Real Estate
DENVER, COLORADO - AUGUST 31, 2019: The renovated Union Station in Denver, Colorado, built in 1881, is a beaux-arts-style central transportation hub with Amtrak, light rail and bus services and connections. (Photo by Robert Alexander/Getty Images)…
Democratic senator tells Trump to ditch his 'real estate buddy' and Jared Kushner
A Democratic senator and veteran once again took aim at the Trump administration over the Iran war on Sunday, claiming that the president's chosen diplomats Jared Kushner and Steve Witkoff are not up to the task. Sen. Mark Kelly was on CBS's Face…
Lee to convene meeting on real estate, stock market after returning from overseas
President Lee Jae Myung was set to convene an emergency meeting Monday, the same day he was set to return home from an 11-day trip, his office said, to discuss real estate and stock market policies amid recent fluctuations. The closed-door meeting…
Real estate insiders reveal the real cost of Mamdani's pied-à-terre tax - and what it's really doing to NYC
Buyers with big budgets are bewildered. Brokers, builders and building boards are apoplectic. It's only been a month Mayor Zohran Mamdani's so-called “pied-à-terre” tax on second homes valued over $5 million took effect, and…
Real estate guru reveals grim sign today is worse than 90s recession
Auction rates fall to historic lows Tom Panos has blasted the slowdown in housing sales, revealing he had only one auction on the weekend, a rate lower than the 1990s recession. In a video posted on Sunday, Panos said he had one auction booked for…
Breaking | Treasury bond futures 'a milestone' to boost Hong Kong's bridgehead role: CSRC
Beijing is encouraging mainland financial firms to use the city to go global while it also encourages Hong Kong-listed companies to list on the mainland, China's market regulator head said on Monday. “Mainland financial institutions have…
China's Wu Vows Further Expansion of Market Links to Hong Kong
China is working closely with Hong Kong authorities to expand the Stock Connect cross-border trading link by adding yuan-denominated stock counters and real estate investment trusts, according China Securities Regulatory Commission Chairman Wu…
Inside The $250 Million Superyacht Owned By A 27-Year-Old Dubai Billionaire
It 's two days before the Monaco Grand Prix in early June, and Abbas Sajwani emerges from a golden elevator onto the main deck of his 348-foot superyacht, Amadea, in a white linen shirt and gray pants. He's anchored the vessel—which he…
Editorial | Politburo meeting signals cautious confidence in China's economy
The midyear Politburo meeting has long served as a critical checkpoint for Beijing, offering the central government a vital opportunity to reassess the first half of the year and steer the nation towards a more realistic economic trajectory for the…
China's investors snap up prime office space, betting on a property rebound
Major Chinese cities including Shanghai are witnessing a significant uptick in commercial property transactions, as investors snap up space in prime locations in the expectation that the market may finally be on the road to recovery. The value of…
Opinion | How likely is Beijing to walk the talk on boosting consumption?
Chinese officials tend to report only good news and bury bad news for propaganda purposes and career advancement. That is why it came as a genuine surprise when, on July 22, Zhang Enhui, the party chief of Changchun, an industrial powerhouse known…
NASCAR's Uncertain Future Takes a Stunning Turn After Months of Sale Speculation
NASCAR is not for sale, according to NASCAR CEO Steve O'Donnell, who has ended months of speculation about the future of the stock car racing series. Questions about NASCAR ownership grew after the organization faced an antitrust lawsuit from 23XI…
SPYM: S&P 500 Monthly Dashboard For August
The SPDR Portfolio S&P 500 ETF offers a low-cost, flexible alternative to SPY, suitable for long-term and tactical allocations. The S&P 500 median company is overvalued by 7% versus historical averages, with quality scores slightly above baseline.
Leyad Announces Two Senior Appointments
Collectively, the two leaders bring decades of experience across financial reporting, capital markets, construction management, retail asset redevelopment and corporate governance. 'At Leyad, we have always believed that the quality of our people…
Palm Springs sees home prices plummet as market finally cools off
Home prices are beginning to soften in one of California's hottest luxury markets as the desert real estate market starts to cool off. Two upscale homes in Palm Springs most sought-after neighborhoods have recently undergone notable price cuts of…
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