Location: Americas
CIRE expands in the Caribbean
A deal with Oceano Homes on St. Martin/St. Maarten marks Christie’s International Real Estate’s further expansion in the Caribbean.
RLF rebrands to MGAC following American acquisition
MGAC bought venerable British cost consultancy RLF in 2021, and has now consolidated all its businesses under one brand banner.
New COO for Forbes Global Properties
El Moriarty will be overseeing the real estate platform's global growth strategy
Why Canada’s ban on foreign homebuyers is unlikely to affect housing affordability
A new act in Canada bans non-citizens, non-permanent residents and foreign commercial enterprises from buying Canadian residential properties; but there is no single policy that could address the affordability…
The Boundary acquires digital twin ‘pioneer’
Visualisation studio teams up with 'world leader' in city-scale digital twins & interactive experiences
Précis Capital secures £1bn backing from Canadian investor; rebrands
Recently-launched real estate lender has significantly increased its firepower, and rebranded to Precede Capital.
Canada blocks foreign property investment for two years
'The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors,' says Canada's ruling party
US luxury homes market in record slump
Sales of high-end properties in the States plummeted by over 38% at the back-end of last year, the biggest decline on record, as wealthy buyers retreated from the market.
Prime global rents continue to climb, but the pace of growth is easing
Luxury rental values in New York, Singapore and London have bounced back hardest from pandemic lows, according to Knight Frank's latest index.
Los Angeles Times: L.A.’s rich are already scheming ways to avoid new ‘mansion tax’
'Rich people are very clever,' says a real estate broker in California. 'They know how to manage cash, and they have time to look for loopholes.'
Venture capital firm raises $1bn for PropTech investment
Fifth Wall has just raised over £700mn for the world's biggest ever proptech investment fund, taking the heavyweight-backed VC's total capital under management to around US$3.2bn.