Casa Encantada, the historic 8.5-acre Los Angeles estate at the center of a prolonged foreclosure struggle, was sold at auction for $130 million. The Wall Street Journal reports the buyer was “a blond man dressed in black” who “declined to identify himself” the...
The only Tennessee home designed by the iconic architect Frank Lloyd Wright has been listed for the first time in its 75-year-history. Realtor.com reports the 1,784-square-foot Chattanooga-based Usonian residence built in 1952 is now up for sale at $1.6 million....
CoStar Group (NASDAQ: CSGP) has announced the launched of the CoStar platform in France. According to the company, investors, brokers, owners, corporate occupiers, and lenders in France can use a single platform to access commercial real estate information for the...
PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has completed its $136.8 million acquisition of two industrial portfolios located in Quebec City, Quebec and Winnipeg, Manitoba. The Quebec City portfolio comprises 13 industrial properties totaling 611,924...
List prices during June were down 2.5% from one year earlier, marking the steepest annual decline since 2017 and the eighth consecutive month of price drops, according to data from Realtor.com. The regional year-over-year median list price declines ranged from -4.0%...
The delinquency rate for commercial mortgage-backed securities (CMBS) tumbled by 20 basis points in June to 7.35%, according to new data from Trepp LLC. One year ago, the overall CMBS delinquency rate was 7.13% Trepp attributed the drop to the lodging sector, which...
NYC Median Asking Rent Hits New Record High
