Your Real Estate Guide Through West Valley
Property Group Partners (PGP) has closed the sale of 148 Lafayette Street in Manhattan’s SoHo neighborhood to Epic UK for approximately $131.7 million, according to a GlobeSt.com article. Douglas Harmon, Adam Spies and Kevin Donner of Eastdil Secured represented PGP in the transaction. PGP owned the building in partnership with Bruce Toll and members of [...]
Treasurer Wayne Swan has hailed Australia’s economic strength, with the budget heading back to surplus Treasurer Wayne Swan says even a slender surplus is impressive compared to other countries. WAYNE Swan’s austerity Budget overlooked a weak property and construction sector but is likely to bring rate relief for homeowners. Read more…
Tweet Mobile Home Parks, A Lucrative Real Estate Niche Not Many Investors Know About. Here’s What You Need To Know About Investing in a Mobile Home Park…
New York-based Blackstone Group successfully acquired Parc 55 Wyndham from Rockpoint Group for $235 million, or $231,984 per room, in a distress sale according to a CoStar report. No brokers were named in the deal and terms were undisclosed. A Bloomberg report earlier this month noted that Blackstone, which owns the Hilton Worldwide chain, would [...]
With so much money accumulated on the sidelines, rising prices for U.S. trophy properties, and highly volatile European markets, international real estate investors are looking for new markets to conquer. According to the 2011 report by the National Commission of Foreign Investment, Brazil rated No. 4 and Mexico No. 15 for direct foreign investment during [...]
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