Data centers are popping up in lower-income neighborhoods, fewer retail stores are shutting down, and British homebuyers are looking for air-conditioned residences. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 10-14....
Scottsdale, Arizona-based building products manufacturer Carlisle Companies Inc. (NYS: CSL) has made multiple unsolicited offers to acquire roofing products provider Owens Corning (NYSE: OC), according to a Wall Street Journal report sourced from unnamed “people...
A Phil Hall Op-Ed: The humorist Will Rogers once wisecracked, “All I know is just what I read in the papers, and that’s an alibi for my ignorance.” I was reminded of Rogers’ classic comment while reading a pair of recent Wall Street Journal articles regarding...
A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. From the wild and wooly world of real estate, here are our Hits and Misses for the week of...
The editorial board of the Wall Street Journal has called on Senate Republicans to reject the 21st Century ROAD to Housing Act, stating its passage would mark a “big win for Massachusetts Sen. Elizabeth Warren and the political left.” In an editorial titled “Elizabeth...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
