Brooklyn Nets owner, Alibaba founder secretly buys $157M condo

Joe Tsai, who cofounded the Chinese shopping behemoth Alibaba alongside Jack Ma, made the United States’ most expensive real estate sale so far. Continue reading

A Hong Kong home is asking a whopping $2M in annual rent

Wharf Holdings Ltd. is leasing out a property in its ultra-exclusive The Peak neighborhood for HK$1.35 million, or approximately $174,000 a month. Continue reading