Property News
Manhattan apartment deals plunge 57%, suburban real estate surges
CNBC - 6 Aug 2020 15:03
Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than doubled, showing a continued flight from the city over the summer.
Dan Gilbert says acquisitions may be ahead for Rocket Companies as it debuts on NYSE
CNBC - 6 Aug 2020 22:32
"We want to use our stock as currency and potentially acquire more fintech organizations and put them in the mold," said Rocket Companies founder and chairman Dan Gilbert.
Former White Sox shortstop Alexei Ramirez lists Old Town 5-bedroom home for $950,000
Chicago Tribune - 6 Aug 2020 19:01
Now based in Florida, Ramirez had been renting out the town home, but is ready to sell.
Rocket Companies CEO on the mortgage market and refinancing boom
CNBC - 6 Aug 2020 18:16
Quicken Loans parent Rocket Companies priced its IPO at $18 per share, and raised $1.8 billion. Rocket Companies CEO Jay Farner joins "Squawk Alley" to discuss the mortgage market and his company's IPO.
Manhattan apartment sales plunge due to Covid-19
CNBC - 6 Aug 2020 17:07
CNBC's Robert Frank reports a sharp decline in Manhattan rentals as people move away from big cities to the suburbs due to Covid-19.
Pelosi: Trump could extend moratorium on evictions with an executive order
CNBC - 6 Aug 2020 16:24
House Speaker Nancy Pelosi told CNBC's Jim Cramer President Trump can and should extend the moratorium on evictions. She added the moratorium would not be enough on its own and renters and landlords alike will eventually...
Rocket Companies founder Dan Gilbert and CEO Jay Farner on going public
CNBC - 6 Aug 2020 15:54
The parent company of the largest mortgage lender in the United States is set to debut on the NYSE Wednesday. Rocket Companies, the parent company of Quicken Loans, is expected to price their IPO at $18, and sell 100 mil...
Manhattan experiencing surplus of unsold apartments as sales contracts plunge
CNBC - 6 Aug 2020 12:44
The Manhattan real estate market was supposed to rebound in July, but instead there's a glut of unsold apartments. CNBC's Robert Frank reports.
Investor confidence in Dubai's real estate sector is still high: Nakheel
CNBC - 6 Aug 2020 11:19
Dubai property developer Nakheel says the company has seen "impressive" levels of real estate activity in the last few months despite severe pressure brought on by the impact of the coronavirus.