Real Estate/REITs

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Web Site Matches Real Estate Deals With HNW 'Crowd'

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Realty Mogul, a Web site that launched in March and is backed by Microsoft, is allowing accredited investors to pool their funds on vetted real estate properties such as multifamily homes and...

Blackstone Raises $5 Billion Rental Bet With Lending Arm

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Blackstone Group LP, the private- equity firm that has spent $5 billion on more than 30,000 distressed houses, is preparing to expand its bet on the housing recovery by lending to other landlords.

San Francisco’s Million-Dollar Homes Spur Condo Surge

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San Francisco’s median house price is poised to surpass $1 million this year after setting a record in May.A limited supply of houses for sale has allowed condo developers to lure frustrated buyers.

Trump Forms Venture To Bring His Hotel-Condo Brand to Vancouver

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Donald Trump, the billionaire New York real estate investor, said he formed a partnership with Canadian and Malaysian developers to bring his brand of luxury lodging and residences to Vancouver.

Luxury Tower Touts Garages In The Sky

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A "Porsche" luxury condo tower under construction in Florida is offering "sky garages" and car concierges to wealthy auto aficionados who treat their sports cars like the family pet.

Bison-Loving Billionaires Rile Ranchers With Western Land Grab

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A non-profit group that has the backing of some of the world's richest financiers is trying to build an American Serengeti in Montana, where the deer and the antelope can again play free.

Greenwich Estate’s $190 Million Asking Price Tops U.S. Listings

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A waterfront estate in Greenwich, Connecticut, with a $190 million asking price, believed to be a record for a single U.S...

Fund Managers Said To Pay $90M For NYC Penthouse

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Hedge-fund manager Bill Ackman is among a group of investors who agreed to pay more than $90 million for a duplex penthouse at Manhattan’s One57 condominium tower, a person with knowledge of the...

Paulson Real-Estate Unit Flees Resort Lawsuit Through Bankruptcy

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Billionaire John Paulson sought bankruptcy court protection for a real estate unit of his hedge fund after executives there were sued for alleged conflicts of interest in the asset sales of five...

Stormy Weather

by Leila Boulton

More frequent and intense storms are driving up insurance premiums in the luxury home market.

Singapore To Raise Property Tax Rates For Luxury Homeowners

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Singapore plans to raise taxes for luxury homeowners and investment properties, widening a four-year campaign to curb speculation after prices in Asia’s second-most expensive housing market rose to...

Donald Trump Battles Windmills

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Donald Trump will fight any approval of an offshore wind farm overlooking his Scottish golf resort in the courts for years, according to George Sorial, the executive in charge of the billionaire’s...

Goldman’s De Mallmann Buys NYC Apartment For $13 Million

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Francois-Xavier de Mallmann, a London-based partner at Goldman Sachs Group Inc...

Nobel Prize May Get Boost From Hedge Funds After Awards Sink 20%

The Nobel Foundation, which this year lopped 20 percent off its cash prizes, is planning to invest more money through hedge funds to boost its returns and restore the award to its previous size.

Chicago Luxury Homes Rebound

Belgravia Group Ltd., which building a Chicago row-house development, is charging almost $1 million for each of the 14 Lincoln Park homes as buyer demand surges in the neighborhood.

Asian Real Estate Attracts UHNW Investors

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Real estate may be a booming market for ultra-high-net-worth investors in Asia, according to a new study.

America Drinking Top-End Wine Fuels Napa Deals

A surge in luxury wine sales have made California vineyard properties a hot commodity.

Connecticut Homes Biggest Losers As Wall Street Cuts

Connecticut is now leading the nation in home-price declines as Wall Street trims jobs and bonuses that had driven multimillion-dollar property sales.

Manhattan's 15 Central Park West Fuels Ultra-Luxury Condo Surge

Apartment owners at Manhattan's 15 Central Park West are seeking to double their investments after the complex shattered price records and sparked a wave of ultra-luxury listings.

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