Recent Posts

Vancouver wields foreigner home tax

  Bloomberg Canada plans to tax overseas investors buying homes in Vancouver, one of North America’s hottest property markets, as it seeks to tamp down price gains in an area that absorbed more than C$1 billion ($760 million) of foreign money in five weeks alone. An additional property-transfer tax of 15 percent will apply to foreign nationals and overseas corporations ...

Read More »

Blackstone selling $550mn Dutch offices

  Bloomberg Blackstone Group LP plans to sell office properties in the Netherlands as the world’s largest manager of alternative assets seeks to profit from rising real estate prices in the country, according to two people with knowledge of the process. CBRE Group Inc. has been hired to market the properties in cities including Amsterdam and Utrecht for more than ...

Read More »

Building affordable housing is not really ‘affordable’

  Bloomberg A real estate developer wanted to increase affordable housing in Denver, trying to make fiscal sense out of a plan to build rental apartments for people making only 30 percent of the area’s median income—the kind of housing America desperately needs. He discovered that, no matter what lever he moved or compromise he made, he was going to ...

Read More »
Send this to a friend