Real Estate

Exclusive news, analysis, and commentary on housing, commercial real estate and the impact of supply and demand.

International Economics

Spain Slaps 100% Property Tax on Non-EU Buyers

Photo by Jorge Salvador via Unsplash

It’s part of a collection of measures to address the country’s housing crisis, Spain’s Prime Minister Pedro Sánchez says.

1 min read

Photo by Senate Democrats via CC BY 2.0

Hedge Funds

Bill Ackman’s Pershing Square Wants to Be the Next Berkshire

Pershing Square has announced a formal bid for Howard Hughes, the real estate developer where Ackman served as chairman for over a decade.

2 min read
Photo by Scott via CC BY-SA 2.0

Real Estate

LA Wildfires Exacerbate California’s Insurance Crisis

California was already contending with a home insurance crisis due to unpredictable weather events. Then came this week’s fires.

1 min read
Photo by Breno Assis via Unsplash

Real Estate

Home Sales Rose in October, But the Trend Won’t Last

Sales of used homes in the US rose in October. But it may have been a flash sale, because mortgage rates are already climbing again.

1 min read

Real Estate

Murdoch’s REA Group Abandons Takeover Bid for Rightmove

Photo by Monika Flueckiger, World Economic Forum via CC BY-SA 2.0

News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.

2 min read

Banking

Wells Fargo Sells Most of Its Commercial Real Estate Servicing Business

Photo by NoeHill via CC BY-SA 3.0

Wells Fargo said Tuesday that it will sell most of its commercial mortgage servicing business to Trimont, a global loan services provider.

1 min read

Real Estate

The UK Rental Market is Americanizing

Photo by Huy Phan via Pexels

Institutional investors, including so-called US mega landlords, have increasingly been gaining dominance in the UK’s rental market.

1 min read