REAL ESTATE NEWS - Financing and Mortgages

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US Office Space Conversion to Housing on the Rise
Empty offices could provide over a billion sq ft of new housing supply: real estate experts.
US office buildings converted into residential housing units nationwide.
New York City's Housing Crisis: Wealth Gap Fuels Shortage Woes
New York City's wage gap widened between 2019 and 2023, with top earners rising 18%, lowest paid just 6%.
New York City housing shortage worsens due to wealth gap disparities.
Appreciating What You Already Have: The Value of Present Possessions
[SPONSORED] Focus on current offers, rather than waiting for better ones.
Person surrounded by possessions in a cluttered room, reflecting on gratitude.
Louisiana's sky-high property insurance costs hinder home buying activity
Louisiana insurers stop writing policies due to frequent natural disasters.
Louisiana residents struggle with high property insurance costs amidst home buying challenges.
AI-Driven Innovations Emerge in Real Estate with Zillow, CubiCasa, and CoreLogic
Real estate tech updates: Zillow buys virtual staging app, CubiCasa offers virtual tours, CoreLogic integrates data, Propy & Inspectify partner.
AI-driven innovations transform real estate industry with Zillow, CubiCasa, and CoreLogic solutions.
Universal Studios' Doral Facility Faces Foreclosure Threat
Universal Studios near Doral faces possible closure as lender files foreclosure complaint against owner.
Universal Studios Doral facility in Florida faces foreclosure threat and potential sale.
Can Blockchain Disrupt the Real Estate Industry?
Blockchain emerges as a promising solution for real estate transfers and management.
Blockchain technology being explored in real estate market disruption efforts globally.
O'Hare Office Asset Trades for $100 psf in Market Test
Australian Investor Seeks Buyer for Fully Leased Office Building Near O'Hare Airport.
Chicago's O'Hare office building sold for $100 per square foot in market test.
San Jose to host new headquarters for regional transit authority
VTA Approves Purchase of 17-Story Office Tower for Downtown San Jose HQ
San Jose cityscape with construction equipment near transit authority headquarters building.
Phoenix Class-A Complex Loses Equity Investor, Deal Falls Through
Tides Equities shifts focus from value-add to Class-A multifamily in the Sun Belt.
Abandoned Phoenix office complex with vacant parking lot and construction equipment nearby.
KKR Sells DeKalb Rental Portfolio for $202 Million After Two-Year Ownership
KKR sells 80 Dekalb, a 365-unit Downtown Brooklyn rental tower, to Atlas Capital for $202.5M.
KKR sells DeKalb rental portfolio in Georgia for $202 million.
Real Estate Developers Reduce Debt by 46% from Peak Levels
Net debt of India's top 8 listed realtors: ₹20,808 cr (Q1 FY25) vs ₹44,817 cr (Q4 FY19)
Real estate developers reduce debt by 46% in major market cities globally.
Eli Karp's latest development set for public sale
Eli Karp's Flatbush property, including a vacant lot and multifamily building, heads to auction due to bankruptcy.
Eli Karp's new residential development in [location] goes on public sale.
Invesco RE Exec on Emerging Role of Non-Traditional Lenders
Bert Crouch discusses growth opportunities in alternative lending market.
Invesco real estate executive discusses non-traditional lenders' growing influence globally.
Dallas-Fort Worth leads Texas metros in high-end property sales
Dallas-Fort Worth leads Texas metros in ultra-luxury home sales, outpacing Houston and Austin.
Dallas-Fort Worth metro area leads Texas in luxury real estate transactions.
Louisiana's Insurance Woes Cast Shadow Over Real Estate Market
Louisiana insurance costs soar, dominating discussion at New Orleans realtor conference.
Louisiana real estate market impacted by insurance industry struggles in New Orleans.

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