Real Estate
US mall owner GGP rejects Brookfield Property's $14.8 billion offer
Mon, 11 Dec 2017 11:30 GMT
GGP rejected a $14.8 billion buyout offer from its biggest shareholder, Brookfield Property Partners, people familiar with the matter said on Sunday.
Huge US mall operator rejects a deal that would have made a retail property giant
Mon, 11 Dec 2017 01:22 GMT
Brookfield had made a $23-per-share cash offer for the U.S. mall owner last month.
Homebuilding CEO says 'California is really in a housing crisis' in terms of supply
Sat, 09 Dec 2017 00:35 GMT
Jim Cramer touched base with Tri Pointe Group CEO Doug Bauer about the housing market, taxes and the wildfires in California.
Household wealth jumps to near $97 trillion
Fri, 08 Dec 2017 17:30 GMT
Household wealth rose nearly 2 percent in Q3 and is near double the level it was during the financial crisis, according to Fed data.
Trump: Wells Fargo fines in mortgage cases 'will not be dropped' and could be hiked
Fri, 08 Dec 2017 15:43 GMT
President Trump rejected the notion that Wells Fargo would skate on penalties associated with claims of mortgage abuse.
$5 billion worth of Southern California real estate faces significant fire risk
Fri, 08 Dec 2017 05:00 GMT
An estimate of how many Southern California homes are at risk of fire and the estimated reconstruction value.
Hotels around the world are feeling China's curbs on money leaving the country
Fri, 08 Dec 2017 04:16 GMT
Capital controls in China have slowed corporates' global shopping spree.
California fires burn down multimillion-dollar homes in Bel-Air
Thu, 07 Dec 2017 21:38 GMT
Multiple wildfires are raging out of control across Southern California, burning more than 100,000 acres in only a few days.
The profits made from flipping homes continues to shrink
Thu, 07 Dec 2017 19:51 GMT
Home flipping profits continue to be squeezed by a dwindling inventory of distressed properties available to purchase at a discount.
Start-up seeks to bring A.I. to the mortgage business
Thu, 07 Dec 2017 19:40 GMT
Casey Crawford, Movement Mortgage CEO, discusses what impact artificial intelligence and big data technology will have on the housing market.
Ares Management CEO: Not clear on what tax reform will mean on borrowing ability
Thu, 07 Dec 2017 18:20 GMT
Tony Ressler, Ares Management, discusses the impact tax reform could have on private equity and real estate.
Softbank invests $450 million in real estate tech company Compass
Thu, 07 Dec 2017 13:48 GMT
The infusion from the $93 billion venture vehicle brings Compass' total capital raise to $775 million.
Softbank invests $450 million in real estate tech company Compass
Thu, 07 Dec 2017 13:44 GMT
Robert Reffkin, Compass co-Founder and CEO, talks Softbank's $450 million investment and expanding the company's real estate tech platform.
The profits made from flipping homes continues to shrink
Thu, 07 Dec 2017 05:00 GMT
A new study shows that while flipping is still extremely popular and even growing, average returns on flipping are shrinking.
Wells Fargo sanctions are on ice under Trump official, sources say
Thu, 07 Dec 2017 05:00 GMT
Mick Mulvaney is reviewing whether Wells Fargo should pay millions of dollars over alleged mortgage lending abuse.
China's property market will see smaller price gains ahead, major developer says
Thu, 07 Dec 2017 01:58 GMT
Property price gains in China are likely to slow on official efforts to rein in the market, an industry executive said.
China is the 'perfect' place for co-working spaces
Thu, 07 Dec 2017 01:06 GMT
China has the "perfect conditions" for co-working spaces with its low building occupancy rates and many start-ups, says Zhang Xin, CEO of SOHO China.
It looks like China's property prices could finally slow
Thu, 07 Dec 2017 00:58 GMT
China's plans to increase land supply and introduce a residential property tax could help control prices in the market, says Zhang Xin, CEO of SOHO China.
Robert Shiller on GOP tax plan and home prices
Wed, 06 Dec 2017 19:15 GMT
CNBC's Diana Olick speaks to Robert Shiller, Yale University professor, about the effect of tax reform and interest rates on the housing market.
The biggest winner in the GOP tax plan is Trump's own industry – real estate
Wed, 06 Dec 2017 12:08 GMT
Commercial real estate gets lower rates and new breaks in the Republican bills, and trusts that have been key financing sources do especially well. The NYT reports.
Mortgage refinance applications surge 9 percent as rates fall back
Wed, 06 Dec 2017 12:00 GMT
Total mortgage applications rose 4.7 percent last week, driven by applications to refinance.
Robert Shiller: Tax bill's mortgage interest deduction cut won't affect home prices
Wed, 06 Dec 2017 05:00 GMT
Robert Shiller shares his views on the Republican tax plan.
Cramer Remix: In this environment, it’s not hard to find individual stocks worth owning
Wed, 06 Dec 2017 00:12 GMT
Jim Cramer revealed why finding stocks worth buying could be easier than you think.
Cramer Remix: In this environment, it’s not hard to find individual stocks worth owning
Tue, 05 Dec 2017 23:59 GMT
Jim Cramer revealed why finding stocks worth buying could be easier than you think.
CyrusOne CEO talks game-changing Chinese partnership: 'We did it strategically' to help each other's customers grow
Tue, 05 Dec 2017 23:48 GMT
Jim Cramer spoke to CyrusOne President and CEO Gary Wojtaszek about his company's strategic deal with GDS, its fast-growing Chinese counterpart.
Toll Brothers CEO calls tax bill 'a wash'
Tue, 05 Dec 2017 20:43 GMT
CNBC's Diana Olick reports on the earnings for Toll Brothers and CEO Douglas Yearley's comments on the proposed tax bill.
Rep. Josh Gottheimer: Tax bill will make home prices plunge
Tue, 05 Dec 2017 19:04 GMT
Rep. Josh Gottheimer (D-N.J.) discusses the effects of the proposed tax reform bill on blue states, including the elimination of state and local tax deductions. CNBC Senior Contributor Larry Kudlow also weighs in.
Facebook ‘committed’ to UK as it announces 800 more jobs in London
Mon, 04 Dec 2017 12:24 GMT
A new London office will be Facebook's largest engineering hub outside the United States.
California becomes ground zero in the US's affordable housing crunch and gentrification debate
Sat, 02 Dec 2017 06:57 GMT
Housing shortages in US cities is spurring developers to gentrify neighborhoods like Berkeley, California. It is sparking outrage.
NYT's Jim Stewart: Why the tax bill massively benefits Trump, despite his protests
Fri, 01 Dec 2017 15:21 GMT
Jim Stewart, The New York Times, discusses the loopholes that help real estate developers in the current and proposed tax codes, leading to major benefits to President Trump.
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