It's true that everything in California is bigger and glitzier than the rest of the nation. To prove that point, a private investor just paid $10.7 million or $1,368 per square foot for a 7,830-square-foot site at the heavily trafficked Santa Monica Boulevard and Highland Avenue in Hollywood, CA.
According to the International Air Transport Association (IATA), international scheduled airline traffic for November showing 8.2% year-on-year passenger traffic growth and a 5.4% increase for freight. The passenger load factor for November averaged 75.6% ...
According to Freddie Mac's (OTC:FMCC) latest Primary Mortgage Market Survey (PMMS), all mortgage products increased this week except the 1-year ARM. This brings 30-year mortgage rates back to levels seen in May of this year, while the 15-year ties levels not seen since June.
The Midas Rockefeller touch continues in the Caribbean. RockResorts International, LLC, a subsidiary of Vail Resorts, Inc. (NYSE: MTN), is adding Xandari by the Pacific, considered a resort jewel, to its collection of luxury lodges in Costa Rica.
Regency Centers has closed on its second Chicago-area shopping center in the last three months. The Jacksonville, FL-based investor-developer paid $64 million or about $158 per square foot for Willow Festival, a 405,227 square foot neighborhood shopping center anchored by Lowe's, Whole Foods Market and Best Buy.
It sounds like a pitch. It reads like a pitch. And it probably is a pitch. But news just out from Chicago-based Hyatt Hotel and Resorts on their new line of organic cotton bedding for 447 worldwide properties has to be taken seriously. Hyatt certainly is.
According to the National Association of Realtors (NAR), pending home sales rose again in November, with the broad trend over the past five months indicating a gradual recovery into 2011.
Dottie Herman Q1 - My husband and I recently made some upgrades to our home. We had to take a home equity loan to make these changes possible. Since then I got pregnant and we are out-growing our home. Is...
Chinese Premier Wen Jiabao is not happy with his brethren in the real estate industry. Land speculation continues. Single-family housing prices are rising sharply. And affordable housing for the growing working population is shrinking. So the Premier this week announced he will take even sterner measures
At a bargain basement price of about $17.50 per square foot, Inland Real Estate Acquisitions, Inc. of Oak Brook, IL has purchased the 102,924-square-foot Time Warner Cable Division headquarters building in East Syracuse, NY. The property, leased to Time Warner Cable, Inc., includes
(ORLANDO, FL) -- As we close the books on 2010, many in the travel industry are likely to add the following refrain to their last chorus of Auld Lang Syne: "Are We There Yet?" If so, the simple answer is "well, almost." Yes, monthly reports of new job losses have abated and the index of consumer confidence has displayed a modest upward trajectory in recent months.
With over 90% of units sold, 20 Pine The Collection has reached a new milestone as it enters its final phase of sales. Only 32 residences remain at the Financial District's premiere condominium property.
(ABU DHABI, UAE) -- It's been called "arguably the world's most exciting new tourism hotspot" by Travel Weekly UK magazine, and in November the number of people who came to Abu Dhabi jumped significantly, probably due to the big events and attractions that have been advertised around the world.
According to a new report from Condo Vultures, more South Florida residences resold in 2010 than in the last year of the real estate boom in 2006 as buyers rushed in this year to take advantage of deep discounts on distressed properties and a government-funded ...
(DUBAI, UAE) -- Hamptons MENA, the property services company, will market The Address Jnan Amar Marrakech, a luxury polo retreat created by SIAMA (Morocco), a subsidiary of Saudi Arabia-based Azmi Abdelhadi Group. The Address Hotels + Resorts is a luxury brand developed by Emaar Hospitality Group.
According to Standard & Poor's latest S&P Case-Shiller Home Price Index, the annual growth rates in 18 of the 20 MSAs are decelerating.
Toronto-based Brookfield Properties Corp. (NYSE and TSX:BPO) is on a roll. The Canadian developer-investor has acquired Heritage Plaza, a 53-story, 1.2-million-square-foot office tower in Houston's central business district from Goddard Investment Group LLC ...
(RIYADH, SAUDI ARABIA) -- As operations in Dubai have slowed, Emaar is counting on its master-planned communities in Saudi Arabia to take up some of the earnings slack. Earlier this month, Emaar Middle East showcased Jeddah Gate and Al Khobar Lakes, ...
Hotel investors will be in a buying mood over the next six months, according to a new Jones Lang LaSalle Hotels Survey. The company's bi-annual Hotel Investor Sentiment Survey shows 52 percent of investors polled indicated a dominant 'buy' strategy shortly.
According to Lender Processing Services (NYSE:LPS) November Mortgage Monitor Report, the volume of loans moving to REO continued to drop as the moratorium further delayed foreclosure sales. While the 90+ delinquency category has steadily declined,