Real Estate Services (TRBC)

Australia`s Fairfax ends talks with PE suitors without formal bid

Australia`s Fairfax ends talks with PE suitors without formal bid

Published 03/07/2017

FILE PHOTO: People walk outside the Fairfax Media headquarters building in Sydney, Australia, May 3, 2017. REUTERS/Jason Reed

Australian newspaper publisher Fairfax Media Ltd said two private equity firms withdrew from rival takeover bids worth up to A$2.9 billion ($2.2 billion), leaving it to proceed with demerger plans and sending its shares sharply lower.

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HQ Capital names Jeremy Katz co-head of its real estate group

Published 29/06/2017

Independent investment management firm HQ Capital named Jeremy Katz as a co-head of its real estate group.

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U.S. home lenders see leaner times ahead: Fannie Mae survey

U.S. home lenders see leaner times ahead: Fannie Mae survey

Published 26/06/2017

FILE PHOTO: New home construction is seen in San Diego, California, U.S. on August 21, 2015. REUTERS/Mike Blake/File Photo

U.S. mortgage lenders are bracing for rockier times as consumers demand for home loans slows and competition in the mortgage industry intensifies, Fannie Mae's latest quarterly survey released on Monday showed.

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LaSalle Investment names Brad Gries head of U.S. acquisitions

Published 12/06/2017

Real estate investment manager LaSalle Investment Management appointed Brad Gries as head of U.S. acquisitions, effective Aug. 18.

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Fannie Mae`s Brooks to be nominated U.S. deputy Treasury secretary -Axios

Fannie Mae`s Brooks to be nominated U.S. deputy Treasury secretary -Axios

Published 10/06/2017

President Donald Trump plans to nominate Brian Brooks, general counsel for Fannie Mae, as deputy secretary of the U.S. Treasury, Axios reported on Saturday, citing three sources it said had knowledge of the pick.

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U.S. office vacancy rate flat for third straight quarter: Reis

U.S. office vacancy rate flat for third straight quarter: Reis

Published 03/10/2016

Shadows from the sun enhance the geometrical design on the facade of a skyscraper on a autumn day in New York November 10, 2014. REUTERS/John Schults

U.S. national vacancy rate for the office sector in the third quarter was flat from the second, even as vacancy fell 20 basis points year to date, according to real estate research firm Reis Inc (REIS.O).

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City issues subpoena over sinking San Francisco luxury high-rise

City issues subpoena over sinking San Francisco luxury high-rise

Published 27/09/2016

Pedestrians inspect cracks near the sinking Millennium Tower in San Francisco, California, U.S. September 14, 2016. REUTERS/Beck Diefenbach

San Francisco's city attorney on Tuesday issued a subpoena to the developers of a luxury condominium high-rise that is tilting and has sunk more than a foot (30 cm), to determine if structural issues were appropriately conveyed to purchasers.

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Canadian love affair with Manhattan real estate seen unabated

Canadian love affair with Manhattan real estate seen unabated

Published 05/02/2016

MONTREAL Canadian investment in the Manhattan commercial property market is expected to stay strong this year after quadrupling to hit a record in 2015, real [more…]

What the Fed rate hike means to you, and your wallet

Published 16/12/2015

LOS ANGELES For everyone who has been saying interest rates can only go up, well - now is their time. But what does the Federal [more…]

News Corp profit beats as cost cuts in news business pay off

Published 12/08/2015

News Corp (NWSA.O) reported a better-than-expected quarterly profit on Wednesday, helped by cost cuts in its news and information services business that includes Dow Jones [more…]