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Fundrise launches $500M Opportunity Zones fund

Fri, Jul 20, 2018 | Source: Miami Real Deal
Fundrise co-founder Ben Miller. Opportunity Zones pock South Los Angeles A crowdfunding startup is launching a $500 million investment fund to focus on developments in distressed areas that the federal government has made eligible for generous tax break. Washington, D.C.-based Fundrise plans to start its Fundrise Opportunity Fund next week. It wants [...]

Cushman plans to raise $750M with IPO

Fri, Jul 20, 2018 | Source: Miami Real Deal
225 West Wacker Drive in Chicago and Brett White (Credit: 225 West Wacker) Cushman & Wakefield plans to raise $750 million through its initial public offering at a valuation of $6 billion, including debt. The global brokerage expects to set its pricing range on Monday and start its roadshow, people familiar with [...]

WeWork gets into the brokerage business

Fri, Jul 20, 2018 | Source: Miami Real Deal
From left: David Fano, a WeWork space, and Jason Bauer (Credit: WeWork and Voda Bauer) A year after launching a real estate investment fund, WeWork is getting into the brokerage business. On Friday, the coworking company announced that it is piloting WeWork Space Services, which will represent companies and help them find [...]

Lionheart Capital closer to launching two-tower, oceanfront luxury condo project in Pompano Beach

Fri, Jul 20, 2018 | Source: Miami Real Deal
Renderings of Lionheart’s Pompano Beach project, Ophir Sternberg and Ricardo Dunin Lionheart Capital is closer to launching its planned oceanfront luxury condominium project in Pompano Beach, after winning key approvals from the city. The Pompano Beach Development Review Committee this week gave site plan and design approval for 1380 South Ocean Boulevard, [...]

Looking for a home in Berlin or Budapest? Prepare to pay more

Tue, Jul 17, 2018 | Source: Real Estate
Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank. [...]

Housing market remains strong, despite mortgage rate worries

Tue, Jun 26, 2018 | Source: Real Estate
Homebuilder Lennar reported sales and profits that topped forecasts and indicated there is still healthy demand for new homes despite rising mortgage rates. [...]

Is Manhattan's rental market finally cooling off?

Wed, Jun 20, 2018 | Source: Real Estate
Rent prices in Manhattan are slowing down and landlords are offering concessions as inventory on the island grows. [...]

Why West Coast home prices are surging

Wed, Jun 13, 2018 | Source: Real Estate
The hottest markets are in the West, and it's creating an affordability issue. [...]