Real Estate

Germany’s central bank warned Thursday about skewed valuations in the housing market, calling it a “specific vulnerability” as property prices continue to soar. “We have basically seen all indicators — prices, credit — those indicators kept increasing in Germany and you don’t really see a big effect of the pandemic,” Claudia Buch, vice-president at the
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Kaisa Group Holdings Ltd.’s City Plaza development under construction in Shanghai, China, on Tuesday, Nov. 16, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese real estate developer Kaisa announced Thursday plans for paying back investors, temporarily alleviating concerns about a default as China’s property sector continues to face pressure. Kaisa’s Hong Kong-listed
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Wellness design and federal legislation rarely intersect, but the just-signed bipartisan infrastructure deal – officially named Infrastructure Investment and Jobs Act – has several  components that will benefit Americans’ well-being where they live. While most of the funds will go toward public infrastructure, such as airports, bridges, roads, tunnels and ports, providing residential access to
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An owner live-work space, a family compound, a mixed-use investment property … the options are abundant at this four-unit contemporary near San Diego’s Balboa Park. Called Modern on Fifth, the owner-build project was constructed in 2017 and designed by Safdie Rabines Architects, which specializes in socially responsible architecture and urban planning. The three-story building has
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Victor F. “Trey” Trahan III, FAIA, the founder and CEO of Trahan Architects, has been selected as this year’s Laureate of The American Prize for Architecture by both The Chicago Athenaeum: Museum of Architecture and Design and The European Centre for Architecture Art Design and Urban Studies. Trahan Architects is a global architecture firm with
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The hottest NFT on the market may not be an ape or sport’s highlight—but your mortgage.  Indeed, mortgage lender LoanSnap recently announced they had minted the first NFT mortgages in existence, using their Bacon Protocol to wrap seven mortgage liens into tokens collectively worth $1.5 million.  The benefits of such tokens, according to LoanSnap, are
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The logo of China Evergrande is seen at outside China Evergrande Centre building in Hong Kong, China September 23, 2021. Tyrone Siu | Reuters BEIJING — Highly indebted property developer China Evergrande will likely default because the company has essentially lost its main business, S&P Global Ratings analysts said in a report Thursday. Evergrande was
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