(Bloomberg)—Here’s why the U.S. housing market is cooling: Prices are
In the second quarter, first-time buyers needed almost 23 percent of their income to afford a typical entry-level home, up from 21 percent a year earlier.
The latest version of Pebblebrook’s bid, from last week, may lead to a superior proposal to the agreement reached with Blackstone, a determination made unanimously by LaSalle’s board.
(Bloomberg)—LaSalle Hotel Properties, which spurned
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Bill Oxford/iStock/Getty Images About 10,000 investors -- many of them retirees -- were swindled out of $1.2 billion they had sunk into a now-bankrupt real-estate developer that federal regulators say was a Ponzi scheme.
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coldsnowstorm/iStock/Getty Images Average daily rates are growing, but the increase is only barely keeping up with inflation.
The performance of hotel properties keeps getting better—occupancies, room rates
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Hurricane Lane may disrupt real estate deals, according to the Honolulu Star Advertiser. Executives at natural grocery stores say they have seen growth after Amazon acquired Whole Foods, reports the Wall Street Journal. These are among today’s
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Erich Schlegel/Getty Images It remains to be seen how long the complete recovery of the real estate industries, both commercial and residential, will take in the impacted markets.
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Getty Images The company is hoping to avoid millions in losses when the law, designed to police short-term home rentals, takes effect this winter.
(Bloomberg)—Airbnb Inc. is suing New York City
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Erich Schlegel/Getty Images Proceeds from the bond, if approved, would finance about 237 projects, including repairs to flood-damaged drainage infrastructure, buyouts of flood-prone properties and channel modifications to improve the flow of storm water.
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CalSTRS forms a $500 million real estate lending venture with 3650 REIT, reports IPE Real Assets. The Wall Street Journal looks at what killed Toys ‘R’ Us. These are among today’s must reads from around the commercial
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