REAL ESTATE

Holy Cow! Teardown Near Wrigley Field Lists for $9.8 Million

Filed under: Selling Kristen Norman via ZillowThe Wrigleyville home sits about 536 feet from home plate. An area parking lot sold for $20 million in 2011. By Melissa Allison The Chicago Cubs have a special shine to them these days, and the longtime owner of a home near Wrigley Field hopes it rubs off on her property — to the tune of $9.8 million. “The seller strongly feels that this

Crowdfunding of U.S. real estate deals gains momentum

A tipping point may be near for U.S. investors seeking to benefit from crowdfunding in real estate, an industry that is a clear winner in the early stages of raising capital for small businesses over the Internet. The amount of money raised, size of deals and the speed at which they occur – at times in a matter of hours – has steadily increased, suggesting crowdfunding for real estate is

Crowdfunding of U.S. real estate deals gains momentum

A tipping point may be near for U.S. investors seeking to benefit from crowdfunding in real estate, an industry that is a clear winner in the early stages of raising capital for small businesses over the Internet. The amount of money raised, size of deals and the speed at which they occur – at times in a matter of hours – has steadily increased, suggesting crowdfunding for real estate is

Starwood Capital to buy apartment units worth $5.37 billion

(Reuters) – Private investment firm Starwood Capital Group has agreed to buy 72 properties from real estate company Equity Residential for about $5.37 billion, the companies said on Monday. The deal, which comprises 23,262 apartment units, is expected to close in the first quarter of 2016. (Reporting by Ankit Ajmera in Bengaluru; Editing by Robin Paxton)

Starwood Capital to buy apartment units worth $5.37 billion

(Reuters) – Private investment firm Starwood Capital Group has agreed to buy 72 properties from real estate company Equity Residential for about $5.37 billion, the companies said on Monday. The deal, which comprises 23,262 apartment units, is expected to close in the first quarter of 2016. (Reporting by Ankit Ajmera in Bengaluru; Editing by Robin Paxton)

Ex-U.N. diplomat, others plead not guilty in U.S. bribery case

A former U.N. General Assembly president, a billionaire Macau real estate developer and three others accused by U.S. authorities of engaging in a wide-ranging bribery scheme pleaded not guilty on Thursday. John Ashe, a former U.N. ambassador from Antigua and Barbuda and onetime General Assembly president accused of taking more than $1.3 million in bribes from Chinese businessmen, pleaded not guilty in Manhattan federal court to tax fraud charges. Ng