A Frank Lloyd Wright-designed house in New Canaan, Connecticut, was sold for $6 million after being initially listed for $8 million. The 7,000-square-foot Usonian Estate on a 14-acre property was designed by the iconic architect in 1955 and is one of his largest...
Laguna Niguel, California-headquartered Realty One Group International has expanded its global presence into Greece. Odysseus Demetriades is the new franchisor for Greece and will convert his current real estate office to Realty One Group. This marks the 20th country...
The Mortgage Bankers Association (MBA) released an updated forecast that predicts total commercial and multifamily mortgage borrowing and lending will reach $576 billion in 2024, up by 29% from last year’s estimated total of $444 billion. The total figure includes...
The Saudi Arabian government has announced a major shift in its economic policies to allow non-Saudis to invest in listed companies that own real estate in the holy cities of Mecca and Medina. The Saudi Gazette reported that Mohammed Elkuwaiz, board chairman of the...
Is Russian President Vladimir Putin seeking to reclaim his nation’s one-time colony of Alaska? A vaguely worded Kremlin decree might be considered as an attempt to launch the largest real estate transaction of the 21st century, although the State Department...
Chicago-based Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities, has acquired a 243,650-square-foot facility with an additional 18 acres of contiguous land from Gordon Food Service (GFS) in Plant...
Hits and Misses for the Real Estate Week of June 22-26
