National Cheat Sheet: Och-Ziff to launch $2B real estate fund … & more

Clockwise from top left: WeWork drops non-compete agreements for hundreds of employees after settlement with NY Attorney General Barbara Underwood, Och-Ziff Capital Management Group’s $2B real estate fund will target opportunistic investments, Henri Bendel to close all of its stores after 123 years in business, and Around one in six [...]

Even the world’s wealthiest people don’t go all-cash

Beyonce, Jay-Z, and their Bel Air Mansion in Los Angeles (Credit: Pinterest and Getty Images) A growing number of super-wealthy people are ditching the all-cash home buy. Rather than dipping into their equity, David Koch, Beyoncé and Jay-Z, and Daryl Katz, the billionaire owner of the Canadian hockey team Edmonton Oilers, each [...]

Habitat Group plans another mixed-use project in West Brickell

143 Southwest Ninth Street in Miami with Santiago Vanegas Habitat Group, which is developing the mixed-use complex Smart Brickell, just bought another development site in West Brickell where it plans to build a hotel and condo project, The Real Deal has learned. The firm, led by president and CEO Santiago Vanegas, paid [...]

Millennium Management pays $30M for medical office buildings in Broward

Manorcare Health Services and Heartland of Tamarac and Welltower Inc.’s Thomas DeRosa Health care real estate investment trust Welltower just sold two of its medical office buildings in Broward to Abraham Shaulson’s Millennium Management for $29.2 million. In two separate deals, Welltower sold the Manorcare Health Services nursing care facility at 6931 West [...]

Toll Brothers' record shows the housing boom has no end in sight

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Should I get a fixed- or adjustable-rate mortgage?

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Zillow buys a mortgage lender and the stock tanks

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

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. [...]