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Ceruzzi's $233M Debt at 520 Fifth Ave Is in Default and Up for Sale - Commercial Observer

USA Real Estate News - Thu, 2019-05-23 18:08
Ceruzzi's $233M Debt at 520 Fifth Ave Is in Default and Up for Sale  Commercial Observer

If your Memorial Day plans include hitting some holiday sales, you might consider snapping up some Midtown construction debt too.

America’s most expensive rental is available for $1.5M a month

USA Real Estate News-Inman - Thu, 2019-05-23 15:59
The mega-mansion, located at 908 Bel Air Road and initially priced for sale at $180 million, was listed for rent earlier this week. The dwelling covers more than 34,000 square feet and comes with an infinity pool, a health and wellness spa, and surround views of the ocean and the mountains. Celebrity plastic surgeon and developer Raj Kanodia built the property for home-flipping profit in 2018.

HUD rule would roll back transgender homeless protections

USA Real Estate News-Inman - Thu, 2019-05-23 15:53
Transgender people experience homelessness at higher rates than the average population, according to surveys. One recent report by the National Center for Transgender Equality, a trans rights advocacy group, found that up to 30 percent of its 27,715 transgender-identifying respondents had been homeless at some point in their lives, and 12 percent due to their transgender identity.

Data and the MLS: Diving Into the Unique Challenges of NYC

USA Real Estate News-RISMedia - Thu, 2019-05-23 15:40

The New York City real estate market is truly unique, specifically revolving around the use and ownership of data. That was the major discussion among industry leaders at The State of Real Estate Data in NYC, presented by the Hudson Gateway Association of REALTORS® (HGAR) and RISMedia on Monday, May 20, at the Convene Meeting Center in New York City.

Realtor offers Kawhi Leonard a free multi-million dollar condo to stay with the Raptors - Overwatch Wire

USA Real Estate News - Thu, 2019-05-23 15:34
Realtor offers Kawhi Leonard a free multi-million dollar condo to stay with the Raptors  Overwatch Wire

The Raptors took a chance when they traded for Kawhi Leonard this past offseason. The former Spurs star arrived to Toronto with one year remaining on his ...

Chasing Paradise in the Dominican Republic

USA Real Estate News-RISMedia - Thu, 2019-05-23 15:31

Select Caribbean Properties focuses on everything from condos to luxury villas.

Escalating U.S.-China trade threats stagger markets; Dow claws back to close at a 286-point loss - The Washington Post

Europe Real Estate News - Thu, 2019-05-23 15:26
Escalating U.S.-China trade threats stagger markets; Dow claws back to close at a 286-point loss  The Washington Post

Global markets sagged Thursday as uncertainty over trade relations between the United States and China continued to sour investors. The Dow Jones industrial ...

Corporate Bill Requests Companies Disclose Representation on Boards

USA Real Estate News-RISMedia - Thu, 2019-05-23 15:23

In February, Representative Gregory W. Meeks (D-N.Y.) introduced H.R. 1018, the Improving Corporate Governance Through Diversity Act of 2019, which will require public companies to disclose the gender, race, ethnicity and veteran status of their board directors, nominees and senior executive officers as a way to track the progress of diverse representation in the corporate sphere.

An epic fall from grace: Realogy’s total stock collapse

USA Real Estate News-Inman - Thu, 2019-05-23 14:29
NRT CEO Ryan Gorman is heads down, using big data to figure out how to get out from under commercial leases, reducing the biggest expense of most broker-owners: office space provided to house weak agents. Realogy is also shedding more and more poor performing agents, I am told — something most brokers are afraid to do.

Opendoor CEO used scholarship cash to become big landlord

USA Real Estate News-Inman - Thu, 2019-05-23 14:02
CNBC profile explored the personal experiences that led Eric Wu to found Opendoor, an iBuyer based in San Francisco valued at $3.8 billion.

Famous California ‘Murder Mansion’ hits the market for $3.5M

USA Real Estate News-Inman - Thu, 2019-05-23 13:23
The Los Feliz mansion, where cardiologist Harold Perelson once killed his wife with a hammer in 1959, is up for sale for $3.5 million.

KW, Realogy, RE/MAX and HomeServices slap back at ‘bombshell’ antitrust lawsuit

USA Real Estate News-Inman - Thu, 2019-05-23 12:38
The big residential brokerage franchisors and holding companies filed a motion on May 17 to dismiss the class action lawsuit filed by homeseller Christopher Moehrl seeking to upend the traditional commission structure in the real estate industry. 

Destination Milan: private equity firms spread wings to woo Italy clients - Reuters

London Real Estate - Thu, 2019-05-23 12:34
Destination Milan: private equity firms spread wings to woo Italy clients  Reuters

Investment firms, including buyout fund EQT, are flocking to Milan to develop closer ties with Italy Inc, where cash-starved family-owned companies are ...

Destination Milan: private equity firms spread wings to woo Italy clients - Reuters

Europe Real Estate News - Thu, 2019-05-23 12:34
Destination Milan: private equity firms spread wings to woo Italy clients  Reuters

Investment firms, including buyout fund EQT, are flocking to Milan to develop closer ties with Italy Inc, where cash-starved family-owned companies are ...

Amazon HQ2 sent home prices skyrocketing in VA neighborhood

USA Real Estate News-Inman - Thu, 2019-05-23 12:19
Six months after Amazon said it would build a major office in Arlington County, Virginia, home prices in the area have risen by $110,000.

Connect Las Vegas: Throwback to Compass and Realogy CEOs sharing their vision

USA Real Estate News-Inman - Thu, 2019-05-23 11:55
At the Inman Connect New York 2019 conference, Realogy CEO Ryan Schneider and Compass CEO Robert Reffkin took to the stage to discuss their differing visions for the residential real estate market going forward.

SEC charges real estate developer with fraud in Ponzi scheme

USA Real Estate News-Inman - Thu, 2019-05-23 11:20
The U.S. Securities and Exchange Commission filed an emergency action Thursday against New York State real estate developer Robert Morgan.

SEC files complaint against New York real-estate developer for anti-fraud violations - Reuters

USA Real Estate News - Thu, 2019-05-23 10:44
SEC files complaint against New York real-estate developer for anti-fraud violations  Reuters

The U.S. Securities and Exchange Commission (SEC) filed a complaint against a real-estate developer and two affiliated firms for "siphoning and misusing ...

Real estate market factors could be causing low appraisals - WUSA9.com

USA Real Estate News - Thu, 2019-05-23 10:28
Real estate market factors could be causing low appraisals  WUSA9.com

The Real Estate Top Performers, Josh Greene of Eastern Title and Settlement, Carey Riel of The Mortgage Link, and David Bediz of the Bediz Group, discuss ...

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