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...Grosvenor, the Duke of Westminster’s property company, is launching a £900mn lending business focused on residential development, as real estate investors opt for debt investments over the risk of buying...
...Property site Redfin estimates the home is worth $23mn, though top real estate agents in the area said recent comparable sales would probably put its value in the range of $75mn to $90mn....
...The squeeze on commissions is bad news for the 1.6mn Americans currently registered to work as real estate agents, as well as the companies that employ them....
...There is a good reason why so many Americans — 1.6mn according to one estimate — work as real estate brokers or agents. The barriers to entry are low. No college degrees are required....
...Economists estimate that the changes could cut the $100bn Americans pay annually in real estate fees by as much as 30 per cent....
...If the measure is approved, they will be able to deduct 20 per cent of investment made in financial assets, including real estate....
...That doughty — somewhat dull — Canadian insurance company known as Manulife does not often attract attention. This week, however, it caused a frisson in the real estate world....
...“Iconic American sports figures are interested in soccer now because of Messi.”...
...“It’s a good time for select names in Chinese real estate. It is 25, 30 per cent of [gross domestic product] and it’s not going to disappear,” said Koenigsberger....
...Real estate agents say one firm stands out for driving demand: Citadel....
...It has not only reclaimed its standing as the dominant force in Florida real estate but also expanded across the American sunbelt — from Phoenix to Atlanta — while launching developments in Brazil and Argentina...
...real estate brokerage Corcoran....
...Sotheby’s Real Estate was spun off from the auction house — the venue for Azar’s launch party — in 1976....
...Shleifer moved to a multimillion-dollar estate in Palm Beach, Florida, during the coronavirus pandemic and has since worked mostly from his home or on the road visiting clients and potential investments....
...In remarks delivered outside of his Mar-a-Lago estate in Florida, Trump denounced the decision....
...February 22 to 25; further information and tickets here Sport Inter Miami’s Major League Soccer season begins Lionel Messi and his pink-clad compadres kick off the MLS regular season at home against Real...
...“Well no, I’m in the real estate business.”...
...The poll asked: “Should Tesla change its state of incorporation to Texas, home of its physical headquarters?”...
...The US’s largest real estate brokerage agencies have been found liable for almost $1.8bn in damages over an alleged seven-year conspiracy to force home sellers to pay hefty commissions to buyers’ brokers...
...estate appraisal firm Miller Samuel....
...estate and energy investor....
...Selling Mayfair: The new owner of the Sotheby’s London real estate franchise aims to disrupt the business of selling multimillion-pound homes in the city....
...“Recent stock market gains have enhanced the purchasing power of higher-end consumers,” says Jonathan Miller, professor of residential real estate at Columbia University in New York....
...In addition, many US states — including those most prone to flooding, such as Florida — do not require sellers to disclose a property’s flood risk to buyers....
...The $100bn that Americans pay real estate agents in commissions each year could shrink 30 per cent, KBW’s analysts estimated. That could endanger a popular and high-paying career path for US women....
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