Oct 1- Brookfield Asset Management has won the auction for Atlantic City's bankrupt Revel Casino Hotel, said a source familiar with the situation. The company bid $110 million for the casino complex, topping a $90- million bid by Florida real estate developer Glenn Straub, who did not submit a superior bid by 5.00 a.m. ET, the source said.» Read More
Sales of bank-owned homes plunged to a five-year low, the latest evidence that foreclosure woes are easing as the U.S. housing market recovery gains momentum.
It would take a perfect storm, but there are worries the current economic boom for farmers could turn into a bust. The issue is how much debt farmers take on.
More home sales and higher home prices are adding up to bigger incomes for members of the nearly two million realtor industry.
Mortgage giant Fannie Mae has now been turning a profit for more than a year, and the chief beneficiary of that profit is the federal government.
Frank Khoo, Global Head of Asia of AXA Real Estate, connects the dots to unravel the value in Japan's property sector.
Founder and chairman of Beijing Zhongkun Investment Group, Huang Nubo, made headlines when he tried to buy 300 km in Iceland, but he tells CNBC that his main focus remains on China.
CNBC speaks exclusively with Wang Shi, Chairman of the mainland's biggest property developer, Vanke, at the China Entrepreneur Club's Annual Summit of Green Companies in Kunming.
Kerry Series, Founder & CIO at Eight Investment Partners tells CNBC's Cash Flow why he thinks there's no property bubble in China.
In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.
Du Jinsong, Head of Asia Property Research at Credit Suisse discusses the Chinese government's latest attempts to curb home prices.
Chi Lo, Senior Strategist, Greater China at BNP Paribas Investment Partners is optimistic on Chinese A-shares for 2013 but warns that investors may have their hopes up for new economic reforms.
Daniel So, Securities Strategist at Sun Hung Kai Financial explains that despite weak 2012 net profits, earnings results have been better-than-expected.
Phil Nicklin, real estate tax partner at Deloitte argues that a lot has been done in recent years to boost real estate investment and that the Budget should therefore only include a refinement of the legislation.
Business is brisk, but the new-home market won't be back to normal for a while, Meritage CEO Steven Hilton said.
Frederic Neumann of HSBC and Nicole Wong of CLSA discuss if Hong Kong's real estate sector is facing selling pressure or if investors are just stuck in a holding pattern.
China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms recently awarded exploration rights lacked one core skill - not one has drilled a gas well before.
They look like any other city, but with one difference: No people. And in many cases, they feature miles and miles of empty apartments and office buildings. The following photos are graphic signs of China's property bubble.
Mapletree Trust CEO Cindy Chow tells CNBC why she is not fretting over fears of a property bubble in China and Hong Kong.
Kwon Ping Ho, Chairman at luxury hotel company Banyan Tree Holdings, says demand for its big-ticket projects is helped by the "wealth effect" in Asia.
Calls for ending the mortgage interest deduction are circling through Washington. Proponents of the deduction say they're prepared to fight to the bitter end.