Basketball great LeBron James is demolishing the historic $37 million Beverly Homes mansion he purchased three years ago and building a new residence on its site. According to a House Beautiful report, the 13,000-square-foot Spanish Mission style mansion on a 2.5-acre...
The median asking monthly rent in the nation’s 50 largest metros dropped by 0.5% year-over-year last month to $1,739, according to new data from Realtor.com, which added that while rent prices increased nationwide by $3 from April, they were still down $38 from the...
The U.K.’s housing market entered another perilous week with higher mortgage costs and the potential for additional interest rate hikes from the nation’s central bank. According to combined media reports, the financial data provider Moneyfacts reported the average...
Prologis Inc. (NYSE: PLD) is paying $3.1 billion to acquire nearly 14 million square feet of industrial properties from real estate funds affiliated with Blackstone (NYSE:BX). The price on the all-cash transaction represents an approximately 4% cap rate in the first...
The industrial-focused Mexican real estate company Corporación Inmobiliaria Vesta, S.A.B. de C.V., more commonly known as Vesta, has launched its initial public offering (IPO) of 12.5 million American Depositary Shares (ADSs), representing 125 million of its common...