Property News
2 Old Town mansions bought by out-of-state firms
Chicago Tribune - 17 Feb 2016 20:46Asset manager buys all 6 condos in building next to his Lincoln Park home
Chicago Tribune - 17 Feb 2016 22:51
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...
Another luxury condo at 22 Liberty is up for resale without ever being occupied
Boston - 17 Feb 2016 21:16
22 Liberty, one of the Seaport District's newest luxury buildings, has been sold out since June.
Asset manager buys all 6 condos in building next to his Lincoln Park home
Chicago Tribune - 17 Feb 2016 18:59
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...
Refinancing pushes mortgage applications 8.2% higher
CNBC - 17 Feb 2016 14:00
Applications to refinance mortgages are now at the highest level in over a year.
Family homes sales reached new all-time high in Miami in 2015
Property Wire - 17 Feb 2016 11:59
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...
UK house prices dipped slightly in December, say latest ONS figures
Property Wire - 17 Feb 2016 11:23
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....
A south facing garden doesn't push up a property's price, study shows
Property Wire - 17 Feb 2016 10:21
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...
Scotland sees strongest house price growth for seven months
Property Wire - 17 Feb 2016 09:48
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...
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.
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.
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.
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.