After tying the knot, Brady and Bündchen moved to Brentwood, California, renting a home and eventually buying the land next door. They hired architect Richard Landry and interior designer Joan Behnke to build a sprawling, eco-conscious mansion to the tune of $11.75 million. Unique features of the 18,298-square-foot pad included […]
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The second-largest real estate developer in China, China Evergrande Group, is facing a massive liquidity crisis that has sparked anger among investors and homebuyers. Evergrande’s financial troubles: The company’s years of borrowing have resulted in a colossal debt, amounting to over more than $300 billion, and a struggle to pay […]
TPG Real Estate Partners has acquired the studio campuses of Cinespace Studios in Chicago and Toronto — combined the second largest independent sound stage platform in North America — as the buying, selling and building of sound stages continues at a fast clip. It’s the firm’s second major deal in […]
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ORANGE COUNTY, Fla. — The land had been passed down from her mother. It isn’t much to look at. No buildings, no utilities, and not really near anything else. Yet in early December, Patricia Waring discovered someone was trying to sell her land over the internet. “Someone came to our […]
Getty getty As cryptoassets continue to become increasingly integrated into mainstream financial conversations, financial markets, and are adopted by financial institutions, it is simply a matter of time before more sophisticated financial instruments make their debut. Even while bitcoin and crypto exchange traded funds (ETFs) continue to languish under regulatory […]
William Sankey, CEO of Northspyre getty As we approach the second anniversary of Covid-19-induced volatility and supply chain disruptions, predictable outcomes in commercial real estate development are few and far between. This unpredictability has served as a catalyst for tech adoption in the traditionally tech-stagnant commercial real estate industry. Historically, […]
The Nassau County Legislature voted Friday to eliminate $106 million in real estate and traffic fees, with all 11 members of the Republican caucus voting for the cuts, and the eight Democratic caucus members abstaining. The votes in the Republican-led legislature came after Democratic County Executive Laura Curran proposed a […]
TPG Real Estate Partners has purchased studio campuses in Toronto and Chicago belonging to Cinespace Studios, home to production of major films and TV series like Dick Wolf’s Chicago Fire, Chicago PD and Chicago Med, Netflix’s Umbrella Academy and MGM’s The Handmaid’s Tale. Terms of the deal were not disclosed, […]