H. Gary Morse, the billionaire builder of one of the world’s largest retirement communities, the Villages in central Florida, has died. He was 77.
This strategy offered by Wilmington Trust uses a combination of loans and GRATs to ease the estate and capital gains tax hit for wealthy real estate owners.
The nationalist government’s plan, designed to reduce inequality, replaces a U.K. duty that Scotland’s finance secretary called “unfair.”
New York's real-estate industry is mobilizing to kill a proposed levy on non-resident owners of apartments valued at more than $5 million.
Britain’s most expensive homes got cheaper this year as more central London mansions and super-prime apartments sported “for sale” signs.
The sale of New York City's Waldorf Astoria hotel will spur a “major renovation” of a landmark with roots dating back to 1893, when millionaire William Waldorf Astor built the first incarnation...
A Dallas-based real estate private equity fund that counts T. Boone Pickens among its backers is moving to convert its trophy ranches into trophy profits for investors in its first fund.
Since emigrating from Iran, Kamran Hakim has accumulated a Manhattan real estate empire comprised of at least 129 buildings with 2.7 million square feet valued at $1.8 billion.
Sales at One57, the ultra-luxury Manhattan condominium tower that set off a high-end residential construction boom, have slowed to a trickle amid competition from newer properties reaching the market.
Rapper Jay Z has taken two tours of the hillside aerie with views that sweep from downtown Los Angeles to the Pacific Ocean.
Harvard University received a record donation of $350 million for its public health school from the family foundation of real estate developers Gerald and Ronnie Chan.
Monaco is experiencing a luxury-housing boom as developers prepare for an influx of millionaires and billionaires escaping higher taxes or a loss of banking privacy.
Banks are handing out mortgages of as much as $10 million to the wealthy in record numbers while first-time homebuyers struggle to get loans.
Home sales in New York’s Hamptons, the Long Island vacation locale popular among financiers and celebrities, climbed in the second quarter as more inventory became available for buyers.
Henry Nunez, a real estate agent in Arcadia, California, met with so many homebuyers from China that he bought a Mandarin-English translation app for his phone.
Demand for high-end real estate in Canada continues to rise as low mortgage rates and international buyers spur demand and boost prices for million-dollar homes.
At least three new luxury condominium towers are in development on 53rd Street, part of a wave of projects designed to appeal to ultra-wealthy buyers.
Jumbos, or loans of at least $417,000 in most areas, are one of the few thriving pieces of an otherwise shrinking mortgage market.
Billionaire entrepreneurs are ignoring the inherent risks of island investments to own a piece of Australia’s Great Barrier Reef.
The U.S. trophy-home market is shattering price records this year as an increasing number of residential properties change hands for more than $100 million.