Real Estate/REITs

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Wealthy N.Y.C. Family Feuds Over $258 Million Madison Avenue Sale

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All of the parties are bold-faced names in Northeastern social and cultural circles.

Richest German Getting $4.5 Billion Has Eye On U.K. Property

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Klaus-Michael Kuehne stands to pocket $4.5 billion in dividends this year.

A Greenwich Estate With Ties To Bridgewater's Ray Dalio Hits Market For $150M

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The waterfront property, which last sold in 2014, features an island and orchard.

He Turned Wall Street Offices Into Homes. Now He Vows To Remake New York

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Nathan Berman envisioned rich rewards where the establishment saw only risks.

Ultra-Rich Flip Palm Beach Homes To Score As Much As 86% Returns

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Deep-pocketed house hunters in the posh South Florida town are paying up for its few available spreads.

This Year, Luxury Home Buyers Will Look Further Afield For Deals

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Demand won't necessarily bring rising prices, Sotheby's said.

Blackstone's Real Estate Fund For Wealthy Prompts SEC Queries, Investor Scrutiny

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The $68 billion Blackstone Real Estate Income Trust has been grappling with investors pulling money.

Here Are This Year's 10 Most Expensive NYC Residential Sales

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The very peak of the high-end real estate market is not immune to macroeconomic conditions.

A Recession Will Not Deter Wealthy Americans From Spending In 2023, Survey Says

by FA Staff

A private wealth survey showed that the wealthy plan to spend mostly on travel, businesses and real estate.

Billionaire Chinese Developer Arrested Over U.S. Bribery Charge

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Zhang Li is wanted in the U.S. over allegations he provided kickbacks to get California contracts.

Why Blackstone's $69B Property Fund Is Signaling Pain Ahead For Real Estate

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The property industry is grappling with a pullback from investors, financing challenges and even more layoffs.

Blackstone To Limit Withdrawals From Giant Real Estate Fund, Stock Tumbles

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Some wealth advisers have been growing cautious about client exposure to illiquid assets in recent months.

Boone Pickens Texas Ranch Sells After Price Cut To $170 Million

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The sprawling Texas ranch of the late oil billionaire has found a buyer.

A Palm Beach Private Island And Set Of Homes Are Up For Sale For $353 Million

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Todd Michael Glaser and his partners are seeking to sell a man-made private island with a renovated mansion.

NYC Apartment That Housed Chinese Mogul Is Cut To $35M

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The asking price for the apartment where tycoon Guo Wengui lived for years has been nearly halved.

Luxury Home Sales Suffer Biggest Drop In A Decade

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Higher interest rates and economic volatility have sent a chill through the housing market.

Hamptons Home Sellers Slash Prices As Market Cools

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Price cuts in the Hamptons would have been unimaginable just a few months ago.

House Hunters For The Richest 0.1% Are Striking Out On Their Own

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Brothers Tal and Oren Alexander have left Douglas Elliman after a decade.

Top Art Collectors Are Selling A $8.5 Million Sculpture Park Getaway

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Sherry and Joel Mallin have listed the New York estate that showcased their thousand-plus piece art collection.

Zara's Billionaire Owner To Buy Luxury New York Apartment Building For $500 Million

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Amancio Ortega has agreed to buy New York's 19 Dutch apartment building.

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