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REAL ESTATE TECHNOLOGY
MIAX | September 16, 2021
MIAX, creator and operator of high-performance securities exchanges, products and services, will launch cash-settled futures contracts on BRIXX™ Commercial Real Estate (CRE) Indexes developed by Advanced Fundamentals. The first contract to be listed will be the BRIXX Retail Index futures contract which is expected to begin trading on October 4, 2021. Three additional BRIXX CRE Index futures are expected to be listed in the fourth quarter of 2021. Cash-settled options on t...
businesswire | December 14, 2020
Blackstone (NYSE: BX) today declared that Blackstone Property Partners Life Sciences ("BPPLS") will obtain a best‐in‐class, 2.3 million square foot arrangement of lab places of business from a Brookfield Asset Management land reserve for $3.45 billion. BPPLS is Blackstone Real Estate's long haul, ceaseless capital, core+ return life sciences procedure that claims BioMed Realty, Blackstone's life science land portfolio organization. The exchange is relied upon to shut in the mai...
DAMAC Properties | May 30, 2022
UAE-based DAMAC Properties has announced that it has won the US $120 million bid to acquire land in the upscale Miami neighbourhood of Surfside. The Dubai-based developer plans to build an ultra-luxurious, CAVALLI branded condominium project.
The property, on Collins Avenue, offers residents 200 feet of direct beach frontage and access to South Beach and Bal Harbour. The land, comprising 1.8 acres, was sold to DAMAC for $120 million through the court process.
WORLD PROPERTY JOURNAL | March 06, 2020
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage in the U.S. averaged the lowest rate in our survey's history which dates back to 1971. The average 30-year fixed-rate mortgage hit a record 3.29 percent this week, the lowest level in its nearly 50-year history. Meanwhile, mortgage applications increased 10 percent last week from one year ago and show no signs of slowing down," said Sam Khater, Freddie Mac's Chief Economist. "G...
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