Saudi Arabia will become the first Persian Gulf nation to establish a securitization market for residential mortgage-backed securities (RMBS). The Public Investment Fund’s Saudi Real Estate Refinance Co. is partnering with Hassana Investment Co., a government pension...
Justin Trudeau has announced his resignation as Canada’s 23rd prime minister. Trudeau, who is also the leader of the Liberal Party, has served as prime minister since November 2015; his father, Pierre Trudeau, 15th prime minister of Canada from 1968 to 1979 and from...
Realty One Group International has expanded its global presence with the addition of franchisors in the Caribbean islands Bonaire and Curacao. Greg Bardell, Realty One’s regional director for the Mid-Atlantic states, holds the Master Franchise for the Caribbean....
An unlikely new site for affordable housing, a spike in CMBS delinquencies and a very long wait to sell a home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 30-Jan. 3. Hit: A Trashy Solution. New York City is taking a...
Dubai’s real estate market closed 2024 with new records for transactions and sales volume. New data from UAE-based fäm Properties has determined Dubai recorded 180,900 real estate transactions in 2024, up 36% from the 133,100 sales in 2023. The total sum from the...
Soccer great Lionel Messi held an initial public offering (IPO) of his real estate properties, valuing the portfolio at $232 million. Bloomberg reports Messi’s company, Edificio Rostower Socimi, is listed as a real estate investment trust (REIT) on the Portfolio Stock...
