Concern that foreign investors are pricing local buyers out of the real estate markets in major cities is provoking debate. But that shouldn’t detract from the real problems Manhattan’s skyline, with many high-rise and exclusive condos. Foreign property investment is increasing in the city Concern that foreign investors are pricing local buyers out of the […]
Chinese billionaire Guo Guangchang’s Fosun International Ltd. is weighing a bid for commercial property broker Cushman & Wakefield Inc., people with knowledge of the matter said. The Shanghai-based investment firm is among several companies that have expressed interest in Cushman, whose owners are seeking about $2 billion, according to the people. The process is at […]
It’s been an odd year for the housing market. It kicked off with the ‘Polar Vortex,’ blamed for slowing home sales in the early part of the year. As 2014 draws to a close, the National Association of Realtors expects sales of previously owned homes to fall short of 2013’s total, while the latest monthly […]
