Real Estate

Trouble keeps coming in for Cyprus regarding its golden passports investment program. After Al-Jazeera undercover journalists filmed Cypriot officials offering help to a fictional Chinese businessperson with a criminal record, to gain EU citizenship through the program, the European Commission announced that it is launching infringement procedures against Cyprus, as well Malta. Specifically, the Commission
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(Photo: Getty Images | d3sign) SINGAPORE — Commercial real estate prices have plunged this year as people stopped going into offices, and retail businesses were disrupted. That could lead to a significant amount of losses for banks, according to a recent report. In previous downturns, commercial property loan losses were “heavy” and there are worrying
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A “sold” sign is posted on a home in Westfield, Ind., Friday, Sept. 25, 2020. The housing market has … [+] staged a furious comeback this summer, even as the economy struggles to regain its footing. Home sales have surged to the highest level in more than a decade. The strength has been driven by
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The CEO of real estate brokerage Redfin told CNBC on Thursday he anticipates the coronavirus pandemic-driven boom in the housing market will persist into next year. Existing home sales increased 9.4% in September, surpassing expectations, and the median purchase price rose nearly 15% year over year, according to data released earlier Thursday by the National Association of
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One out of two college students knows “housing insecurity” by heart, first-hand. As many as 68,000 claim to be homeless. That data came before the novel coronavirus struck, heat-seeking America’s and the world’s most vulnerable. So when sustainable urbanism grad student Armelle Coutant and three of her Stanford University colleagues set out on a sleep-deprived
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Pedestrians walk past a home with a “Sold” sign in San Francisco. David Paul Morris | Bloomberg | Getty Images Sales of existing homes rose a higher-than-expected 9.5 % in September to a seasonally adjusted annualized rate of 6.54 million units, according to the National Association of Realtors. Sales were up 20.9% annually. Sales could
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Andrew Cuomo attends a 9/11 memorial service on September 11, 2020. (Photo by Michael M. … [+] Santiago/Getty Images) Getty Images New York governor Andrew Cuomo extended the ban on Covid-related commercial evictions and foreclosures on Tuesday. Landlords are now prevented from attempting to oust commercial tenants through January 1. The moratorium had been set
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SEATTLE, WASHINGTON – New England Patriots’ Brandon Copeland (L) and Stephon Gilmore tackle Seattle Seahawks’ Chris Carson on September 20, 2020 in Seattle, Washington. Abbie Parr | Getty Images Sport | Getty Images Millions of Americans have been financially impacted by the coronavirus pandemic. New England Patriots linebacker Brandon Copeland wants to help. “We can’t
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CookFox Architects, a firm in Manhattan that works on sustainability and green spaces in designing buildings, is a showcase for biophilia, with its office building in Midtown equipped with three rooftop terraces. CookFox Architects Even as the coronavirus pandemic worsens in the U.S., stay-at-home orders in some areas have loosened and companies have sent some
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Democratic U.S. vice presidential nominee and Senator Kamala Harris speaks at a drive-in campaign event in Las Vegas, Nevada, U.S., October 2, 2020. David Becker | Reuters Democratic vice presidential nominee Kamala Harris took part in a big-money fundraiser Friday that was hosted by real estate investment giant Related Companies and the executive chairman of
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Ralph DiBugnara is President of Home Qualified, a digital resource for the buyers, sellers and realtors driving today’s millennial market. Getty Social media has become the a top outlet for consumers when starting their search for real estate. According to the National Association of Realtors, 99% of millennials and 90% of baby boomers begin their home
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Fitness membership? Check. Streaming account? Of course. Meal kit service? Sure. How about your hotel subscription? Whether for pleasure, work, or long-term lodging, hospitality operators are hoping on-demand stays could be your next must-have membership as the embattled travel industry tries to expand its reach. InterContinental Hotels Group, Marriott and Accor are among the major
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Robert Clark is Founder and Executive Chairman at Clayco, a design-build company with more than 30 years of experience in the industry.  getty A number of large businesses have been helping small, minority-owned and women-owned businesses since the beginning of the pandemic. JP Morgan Chase donated $8 million to small businesses to help them avoid economic
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China’s Evergrande Real Estate Group. Brent Lewin | Bloomberg | Getty Images SINGAPORE — Shares of China Evergrande plunged on Wednesday, after the indebted Chinese property developer said it had placed new shares at a discount. On Wednesday morning, its Hong Kong-listed shares dived more than 16%. The cash-strapped developer, China’s second-largest by sales, announced
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With stunning views of the city, The Emerald is Seattle’s newest waterfront residential tower. Cory Holland, Clarity NW Just completed, The Emerald is Seattle’s newest luxury condominium tower, located above downtown Seattle’s iconic Pike Place Market and the city’s newly reimagined waterfront. The 40-story faceted-glass building located at the corner of 2nd Avenue and Stewart Street
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