Real Estate/REITs

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Manhattan's Luxury Condos May End Up As Rentals, LeFrak Says

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The luxury units on sale are piling up in a market with few buyers, he said.

Multimillion-Dollar Mansions Have Everything But Buyers

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The world’s economic woes are damping sales in the high-end real estate market.

Chinese Developer Aims Lower Amid Manhattan's Luxury-Condo Glut

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“New York’s luxury-condo market is now at a very, very dangerous edge of bubbles,” the developer said.

Former NFLer Gives Up Hedge Funds To Pamper Pooches

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Former NFL defensive lineman Mitch Marrow is now in the luxury dog services business.

Luxury-Home Market Seen Threatened By Scrutiny In NYC, Miami

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The U.S. government’s decision to start scrutinizing all-cash buyers could slow demand.

Trump Sells Park Avenue Condo For $14.1 Million After Price Drop

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The unit sold for about a sixth less than its price a month ago.

Manhattan Home Prices Top Pre-Crisis Record On Luxury Deals

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Manhattan Home prices have surged due to closings of luxury deals in some of the city's newest developments.

Trump's Face Pulled From Dubai Luxury Golf Course Project

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An image of Donald Trump was taken down from a billboard advertising a golf course and luxury-housing development on the outskirts of Dubai as the backlash grows against his proposal to bar Muslims...

Crowd Control

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Advisors and clients need to be wary of the potential pitfalls in real estate crowdfunding.

How To Save With Personal Residence Trusts

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The personal residence trust (PRT) can provide clients with a significant amount of estate tax savings if they are structured properly, these two planners say.

Why Investors In Manhattan's Fanciest Condos Should Have S&P 500 Envy

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Over a 10-year period, the boring index fund beats New York City's finest condos.

Hamptons Mansions Pile Up On Market As Luxury-Home Sales Dip

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Sales of luxury homes in the area, known for its beachside mansions attracting financiers and celebrities, tumbled 16 percent in the third quarter.

Billionaires Row Mansion At Center Of Saudi Royalty Spat

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A mansion on one of London’s most expensive roads is at the center of a legal spat between a widow of the late King Fahd Bin Abdulaziz Al-Saud of Saudi Arabia and a foundation he set up to manage...

Zuckerberg Faces Fraud Charges In Silicon Valley Trial

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Mark Zuckerberg moved closer to a trial over a developer’s lawsuit alleging the billionaire committed fraud by reneging on a promise to introduce him to Silicon Valley’s elite as part of a land...

Madison Avenue's Billionaire Landlord Isn't Afraid Of Vacancies

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Friedland Properties can endure prolonged vacancies because its holdings are vast, many properties are debt-free and there are no shareholders to answer to.

Manhattan's Super-Luxury Condo Market May Be Over

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Manhattan’s growing inventory of ultra-luxury condominiums has another big developer seeing signs of a glut.

Indian Billionaire Pays $120 Million For Occasional Weekend Home

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The owners of Asian’s largest maker of vaccines paid $120 million for a former maharajah’s residence in Mumbai that most recently had been the U.S. consulate in the city.

Good & Green

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Social and environmental impact real estate investments are gaining traction with investors.

Record $50M Penthouse Offered At L.A. Four Seasons Condos

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The penthouse of a Four Seasons residential project being built in Los Angeles will be offered for $50 million, which would be the priciest condominium ever sold in the city.

Luxury Builder For Bollywood Stars Keen To Buy Distressed Assets

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A developer of luxury condominiums in one of Mumbai’s popular business districts is seeking private equity funds to buy distressed assets from rivals reeling under record debt.

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