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Property News

Location American Property News for 17 February 2016

2 Old Town mansions bought by out-of-state firms

Chicago Tribune - 17 Feb 2016 20:46
2 Old Town mansions bought by out-of-state firms Two buyers recently have purchased large single-family homes in Old Town for between $2.8 million and $3.1 million each. Records show that out-of-state limited-liability companies -- one based in California and one creat...
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The cofounder of a noted Chicago alternative asset management firm and his wife have paid close to $3 million to buy all six condominium units in a vintage condo building next door to their Lincoln Park mansion. In the l...
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22 Liberty, one of the Seaport District's newest luxury buildings, has been sold out since June.
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The cofounder of a noted Chicago alternative asset management firm and his wife have paid close to $3 million to buy all six condominium units in a vintage condo building next door to their Lincoln Park mansion. In the l...
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Applications to refinance mortgages are now at the highest level in over a year.
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Sales of family homes in Miami, one of the most popular US markets with overseas and domestic buyers, set an all-time annual record in 2015. And sales for all existing properties posted the third most transactions in his...
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UK house prices increased by 6.7% in the year to December 2015, down from 7.7% in the year to November 2015, according to the latest figures from the Office of National Statistics (ONS). Prices were up year on year by 7....
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Despite estate agents and property experts in the UK espousing the benefits of a south facing garden, this is not reflected in the asking price, new research has found. An analysis of property asking prices reveals homes...
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Property prices in Scotland increased 0.8% in December month on month and 2.5% year on year, according to the latest index figures. It is the strongest year on year increase since May 2015, taking the average house price...
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Warning Light Flashes for the Commercial Property Boom

Wall Street Journal - 17 Feb 2016 08:35
The financial engine of the market for office buildings, hotels and malls is showing signs of strain, raising questions about the resilience of the commercial real-estate boom.
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Marriott Targets China's Middle-Class Travelers

Wall Street Journal - 17 Feb 2016 07:33
Marriott struck a deal with China's Eastern Crown Hotels Group to open its midtier Fairfield-brand hotels in the country.
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Hotel Investors Check Out

Wall Street Journal - 17 Feb 2016 07:31
Investors are shrugging off the lodging industry's best fundamentals in years to dump hotel stocks, a move that could signal a broader downturn for the commercial real-estate sector.
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Crescent Communities Launching Home-Building Business

Wall Street Journal - 17 Feb 2016 01:25
Crescent Communities is launching a new home-building business, betting it can compete with major publicly traded builders even as many of the industry's smaller players have failed in recent years.
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