Hints and tips:
...“If we lend private debt to borrowers in Turkey, we can get gas stations and apartments and shopping malls as uncorrelated collateral to their business yet still get 10 per cent additional yield per annum...
...“They’re always in front of a screen at home, this is one of their only chances not to be. I mean, why are you even travelling?”...
...“The residential part of the building starts on the 53rd floor,” says Georgina Atkinson, an associate partner at Knight Frank that, in association with Douglas Elliman, is marketing apartments starting from...
...Some apartment complexes in Beijing indicated to residents that if they test positive they could quarantine at home rather than at a centralised quarantine facility....
...It’s now one of the biggest corporate landlords, touting 17,000 homes....
...During that time, he says he paid for her to live in an upscale Manhattan apartment and lent her nearly $1mn....
...Axonic’s Special Opportunities SBL fund, which focuses on buying bonds underpinned by mortgages on apartment buildings, is down 16 per cent for the year....
...There is working from home and there is working from the sticks....
...Apollo is offering retention bonuses of up to $200,000, Credit Suisse has dished out $20,000 bonuses, and Jefferies offers the choice of a Peloton bike, Mirror home gym or Apple gadget medley....
...“New York companies are buying up residential homes, so everyday Philadelphians are being outbid by LLCs and corporations, people who have been here for generations....
...The development is now home to a branch of the shared office group WeWork, along with additional office space, apartments, and retail and leisure units....
...He owns three other properties in Chicago, and a $200m apartment in New York that occupies three floors of Manhattan’s 220 Central Park South skyscraper....
...The mansion tax, which took effect halfway through the year, levied a sliding scale of charges on apartments selling for more than $1m....
...The industrialist has emerged out of retirement to regain a stake in GEDI media group, which is home to titles including La Repubblica and La Stampa....
...It has in recent years built several high-rise, luxury apartment complexes in New York City....
...Still, for the real estate industry, the tax is better than an initial proposal of an ongoing pied-à-terre tax on luxury second homes in the city....
...Ken Griffin, the billionaire hedge fund manager, has purchased the most expensive home ever sold in the US, paying $238m for an apartment overlooking Central Park in New York City....
...They also invest in property — especially in their home base of the US west coast — and traditional stocks and shares....
...The full plans include 17,000 housing units, many in 20-storey-high apartment blocks. Up to 40 per cent are intended for lower- and middle-income families....
...at the soon-to-be completed residential tower at 220 Central Park South), interior upgrades or cash back to spend on the apartment....
...Restoration Hardware, the $2.8bn home furnishing company who recently completed a $1bn buyback, was another idea, but its share price has not risen 10 times in the past five years....
...“With owner-occupied homes, the subsidy is direct,” says Prof Chandan. “On the multi-family side [large apartment complexes], it’s less clear how you provide subsidy for the renter.”...
...Apartments in some Brooklyn neighbourhoods are now on par with Manhattan, with some even exceeding it....
...The number of newly built apartments that went into contract fell 54 per cent....
...The market for high-end homes in the UK capital had well-publicised problems, including price falls and oversupply of apartments, even before the UK voted to leave the EU....
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