Condos accounted for just 5.5% of all construction of multifamily housing in the U.S. in the first quarter, the lowest ratio on record, as demand has been hit by post-crisis rules on condo mortgages and by some consumers’ shift in favor of renting.
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Myanmar’s decision to ax the $300-million Dagon City development and four others has left developers wondering if their investments are safe in the fast-growing real-estate market.
The turbulence in Greece has crossed the Ionian Sea, foiling plans for two Italian real-estate firms preparing to list shares on the Milan stock exchange.
The Chinese contractor for a stalled $3.5 billion project in the Bahamas wants the developer tossed from bankruptcy in the U.S.
Zillow Group Inc. approved a dividend that will issue nonvoting Class C capital stock to its existing shareholders.
Fundamental Advisors, a private-equity firm that focuses on distressed assets, led a buying group that became the latest to acquire a hotel in Puerto Rico.
Macy’s and other stores are coming under renewed pressure to cash in on their real estate as property values soar.
The prime minister of the Bahamas moved to take control of an unfinished $3.5 billion resort in Nassau, setting the stage for a battle over the project between the government and the local billionaire family developing it.
Starboard Value is pushing Macy’s to unlock the value of its vast real-estate holdings through a spinoff. Starboard says Macy’s real estate holdings are worth about $21 billion.
WeWork Companies has seen its valuation double in six months to $10 billion as investors bet its hip, communal office spaces will upend the sector. Similar wagers went sour after the dot-com bubble burst.
The hotel-management company founded by Andre Balazs acquired a 51% stake in Bunkhouse, owner and operator of four small boutique properties in Texas.
In London’s Canary Wharf, a new 345-unit condo development is attracting strong demand even though the 42-story building isn’t due to be completed until 2019.
Howard Michaels is taking the enterprise into the risky field of real-estate crowdfunding.
A roundup of real-estate news in the Greater New York region.
The opening of Baha Mar in the Bahamas was supposed to be a showpiece that would help China’s largest construction company win lucrative resort business across the U.S. But the $3.5 billion project has been beset with troubles.
Vacation properties on the Greek island of Mykonos are drawing interest from global investors, but sales remain subdued.
A number of conservation nonprofits and governments are stepping into the market to scoop up private islands and protect the pristine properties from developers.
California residential developer Five Point Holdings made a preliminary filing for an initial public offering, signaling that the IPO market has warmed to home builders have a year-plus lull.
Poland is attracting more major distribution centers now that transport links with the rest of Europe have been upgraded.
Employers took on 8.2 million square feet of additional office space in the second quarter, one of the stronger periods since the recession but a relatively tepid expansion by historical standards.
A French boutique hotel brand known for outrageous flourishes is hoping its risqué formula can translate across the Atlantic, starting with the opening of its first U.S. property in Los Angeles.
A new wave of office construction is altering the skyline of Poland’s capital as the city goes through its latest surge of development.
Many are attracted to the country’s expanding economy and low real-estate prices compared with other markets on the Continent like the U.K. and France.
Univision Communications said it would end its business relationship with the Miss Universe Organization, co-owned by Donald Trump, and not air the Miss USA pageant, following his remarks about Mexican immigrants.
The threatened expiration of New York’s 421-a program spurred the biggest surge in building permits since 2008.
At the dawn of Mitch Rudin’s tenure atop Mack-Cali, the veteran CEO’s reputation as a strong manager faces its toughest test.
New York City real-estate developers continued to exert their power in the state capital this year even after their industry was associated with a series of political scandals.
Darden Restaurants, the owner of the Olive Garden and LongHorn Steakhouse, hopes to spice up profits by jettisoning much of its real estate.
Home builders got a bigger lift than many expected from this year’s spring selling season, with new-home sales rebounding strongly from the industry’s lackluster 2014.
Mexico’s largest hotel company is expanding north of the border, aiming to open up to 10 luxury hotels over the next five years in U.S. cities with large Hispanic populations and ones that attract Latin travelers.
The city Landmarks Preservation Commission is scheduled to hold a hearing Tuesday on designating the Stonewall Inn as an individual landmark for its pivotal role in New York City’s social history.
Steve Morrows is leaving the brokerage side of real-estate industry in New York City to become an investor and a developer in the Atlanta area.
Developers rushed to build malls in India over the past decade, but far fewer people than expected have enough money to shop in them regularly.
Producer Tyler Perry’s pending $30 million deal to purchase 300 acres at a former Army post in Atlanta for redevelopment into a movie-studio complex has run into opposition from community groups.
Landlords in high-rise office buildings are refitting their offerings as fast-growing tech firms are seeking space with the character of older buildings and offbeat neighborhoods.
Dozens of large real estate investment trusts are overhauling the way they pay top executives after coming under fire from shareholder advocates.
Commune Hotels & Resorts is counting on a new acquisition to propel an expansion into the region, joining a number of lodging companies looking to export this type of hotel abroad.
Years after Ireland’s cataclysmic property bust, long-term investors from beyond the Emerald Isle are buying into the revival of its capital city.
Tech and advertising companies love New York’s quirky old loft buildings and hip, unconventional neighborhoods. Trouble is, connectivity can be primitive.