Homebuilder stocks rallied Thursday, in a sign that residential construction will benefit from the sweeping court ruling striking down President Donald Trump’s tariffs on imported good. Shares of D.R. Horton and Lennar, the two largest U.S. homebuilders, rose about 0.7% in early trading, alongside a similar bump…
Browsing: Real Estate
After years of volatile swings in real estate activity during and after the pandemic, U.S. property investors appear to be returning to more measured behavior. According to new data released by Redfin, investors purchased 46,726 homes in the first quarter…
Hong Kong property investment firm Gale Well Group, which has been divesting assets, sold three shops this month, incurring a loss of more than HK$51 million (US$6.5 million) on two of them, as the city’s retail real estate market remains…
Black Spade Capital, the family office of Macau casino billionaire Lawrence Ho Yau-lung, has invested in IFCX, a Hong Kong-based real estate brokerage group that aims to pool at least US$5 billion of capital from Asian clients for investments in emerging…
A penthouse of the “supertall” Manhattan building dubbed the world’s skinniest skyscraper has hit the market at $110 million. The four-story home, or “quadplex,” spans floors 80 to 83 of the 1,428-foot-tall building 111 W 57th Street and overlooks Central…
Academy Award-winning actor and environmental philanthropist Leonardo DiCaprio has once again expanded his already sprawling Los Angeles compound — this time by acquiring his next-door neighbor’s home for $10.5 million in a discreet, off-market deal finalized earlier this month. The…
