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Real Estate


2014-02-24 08:32:31

Citigroup Inc. (C) said it’s “encouraging” that the city’s household debt tied to the real estate market is only a fraction of property values, downplaying concerns of a bubble.
 

2014-02-21 08:48:36

Ocwen Financial Corp. (OCN) raised less than underwriters expected by selling bonds tied to fees from managing government-backed loans as the mortgage servicer’s shares fell to the lowest in 10 months.
 

2014-02-21 08:47:58

A Chinese manufacturing slowdown fueled speculation that President Xi Jinping’s officials will switch focus in coming months from taming credit growth and financial risks to supporting economic expansion.
 

2014-02-21 08:46:53

News Corp. Chairman Rupert Murdoch agreed to buy the top four floors of a condominium tower near Manhattan’s Madison Square Park for $57.3 million.
 

2014-02-21 08:45:52

Brookdale Senior Living Inc. (BKD) agreed to buy Emeritus (ESC) Corp. for about $1.4 billion in stock, building a network of housing for the elderly across 46 U.S. states.
 

2014-02-20 09:18:59

Marriott International Inc. (MAR), the owner of such brands as the Ritz-Carlton and Renaissance, reported fourth-quarter earnings that matched analyst estimates as leisure and business-group demand rose in North America.
 

2014-02-20 09:18:19

Rents collected on the collateral for the first U.S. rental-home securities declined by 7.6 percent from October to January, according to Morningstar Inc.
 

2014-02-20 09:17:21

Federal Reserve policy makers backed away from their year-old commitment to consider raising interest rates when unemployment falls below 6.5 percent.
 

2014-02-20 09:16:34

Singapore may start easing some of its property measures if home prices drop as much as 10 percent this year, according to the chief executive officer of the city-state’s biggest developer.
 

2014-02-19 09:58:37

Oskar Schindler’s factory is headed for the market, and Blahoslav Kaspar knows it will be a tough sell. The mayor of Brnenec, a village of 1,300 in the eastern Czech Republic, insists the crumbling complex would be the perfect spot for any kind of light industry. He also suggests it could be a Holocaust museum. The factory once belonged to Schindler, a Czech-German industrialist, spy and a member of the Nazi party who sheltered about 1,200 Jews there in the final months of the Second World War. Their story was featured in Steven Spielberg’s Academy award-winning 1993 film Schindler’s List.
 

2014-02-19 09:57:33

Australia’s bid to sell state-owned infrastructure to help fund new projects will form a centerpiece of its Group of 20 agenda as the nation bets its plan to spur jobs is as relevant in Moscow, Mumbai and Michigan as it is in Melbourne.
 

2014-02-19 09:56:39

Starwood Hotels & Resorts Worldwide Inc. (HOT), Expedia Inc. (EXPE) and other hotel and Internet travel agencies won dismissal of a consumer antitrust lawsuit accusing them of conspiring to fix room prices.
 

2014-02-19 09:55:01

CapitaLand Ltd. (CAPL), Southeast Asia’s biggest developer, said fourth-quarter profit fell 46 percent after it recorded a loss on the sale of a stake in Australand Property Group (ALZ) and lower revenue from its Singapore home sales.
 

2014-02-18 10:44:14

Brigham and Women’s Hospital is considering a proposal from real estate billionaire Hui Ka Yan to become the first Harvard-University affiliated hospital to expand to China.
 

2014-02-18 10:37:05

After growing weary of five-hour commutes to work in Mumbai, Raghavendra Deshpande took a 20 percent pay cut for a job nearer home. The city’s new metro rail isn’t going to change his mind.
 

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