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Real Estate/REITs

JPMorgan Spokesman Sells NYC Home For $6.7 Million

Monday, 14 May 2012
JPMorgan Chase & Co.'s top spokesman sold his four-story townhouse in Manhattan's West Village for $6.7 million, more than three years after first putting it on the market.

Investing In Renewal

By Thomas M. Kostigen, May 2012 issue
Maxwell Drever looks for high financial and social returns in a real estate strategy that focuses on renovating urban multifamily housing.

More stories below

New York City Rent Limits Left Intact By Supreme Court

Monday, 23 April 2012
The U.S. Supreme Court rejected a challenge to New York City’s decades-old rent-stabilization system, leaving intact rules capping prices on almost a million units.

Bankrupt Agent’s $87 Million Estate Goes To Auction Block

Friday, 13 April 2012
A bankrupt real estate agent's hilltop mansion, conceived during Southern California's property boom and once given an estimated value of $87 million, is going up for auction.

Value Investors' Latest Target: Golf Courses

Thursday, 15 March 2012
Investors from Donald Trump to luxury homebuilder Toll Brothers Inc. are wagering there’s money to be made buying golf courses.

Ex-Lehman Executive’s $35M Estate Faces Tax Auction

Tuesday, 13 March 2012
The $35 million estate of Bradley H. Jack, the former Lehman Brothers managing director who was arrested for allegedly forging drug prescriptions, may be sold at a municipal auction.

Michael Jordan Places Home On Market For $29M

Wednesday, 29 February 2012
Michael Jordan, who led the Chicago Bulls to six National Basketball Association championships during his Hall of Fame career, is selling his suburban home for $29 million.

Billionaire Paulson Persists With Property

Friday, 13 January 2012
Mortgage securities are drawing buyers after tumbling last year and handing billionaire hedge fund manager John Paulson his first loss in the bond market.

London Penthouse Said To Sell For About $157M

Tuesday, 20 December 2011
A penthouse apartment in London’s Knightsbridge neighborhood was purchased for about 100 million pounds ($157 million), a person with knowledge of the transaction said.

Millionaires Elbow Insurers Out Of Alpine Property Market

Monday, 12 December 2011
Swiss insurers are finding property investments less profitable as millionaires push up apartment prices in Geneva, Zurich and Basel.


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