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Property News

Location American Property News for 28 August 2018

CBRE Global Investors Buys Stake in Three GGP Malls

Wall Street Journal - 28 Aug 2018 01:35
One of the world's largest real-estate asset managers has purchased a 49% stake in three malls in a deal that values them at more than $1 billion and shows that investors still have an appetite for top-tier retail proper...
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Recent housing market shifts could give buyers a leg up in the latter part of the year as summer turns to fall, according to Bankrate.
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Susan Wachter, University of Pennsylvania Wharton school real estate & finance professor, and Aaron Terrazas, Zillow senior economist, join the 'Power Lunch' team to discuss if a housing slowdown is in the forecast.
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Homebuyers are pulling back, and prices are finally following.
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FAO Schwarz Is Returning to New York

Wall Street Journal - 28 Aug 2018 00:52
A dominant presence in Midtown Manhattan for decades before its closure in 2015, the toy store is coming to life again with a new, 20,000-square-foot Rockefeller Center location.
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