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Property News

Location American Property News for 6 August 2020
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.
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"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.
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Former White Sox shortstop Alexei Ramirez lists Old Town 5-bedroom home for $950,000 Now based in Florida, Ramirez had been renting out the town home, but is ready to sell.
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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.
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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.
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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...
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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...
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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.
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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.
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