Jeffrey Epstein’s New Mexico ranch lists for $27.5M

A New Mexico ranch that late financier Jeffrey Epstein was suspected of using to traffic underage girls has hit the market for $27.5 million. Continue reading

Las Vegas home sells for $25M, shatters Sin City sales record

The buyer, LoanDepot founder Anthony Hsieh, is leasing the property back to the developer for the next 30 months. Continue reading

Pair of condos on Billionaires’ Row in Manhattan sells for $157.5M

A mystery buyer bought two condos at 220 Central Park South, one for $82.5 million and another for $75 million, in one of the biggest sales in the city’s history. Continue reading

Rising lumber costs add $36K to new home sales prices

The battle between supply and demand has hit the lumber industry hard, as mills struggle to keep up with demand and homebuilders push the costs to buyers. Continue reading

Demolition underway at Jeffrey Epstein’s ‘house of horrors’

Months after a real estate developer agreed to buy it for the land value, demolition crews have already started to raze convicted pedophile Jeffrey Epstein’s Palm Beach mansion. Continue reading

New bill could make NYC co-ops explain why they reject buyers

New York State Senator Brian Kavanagh is sponsoring a bill that would require co-op boards to reveal why they turned down a potential buyer. Continue reading

Commercial property giant Jones Lang LaSalle takes on rental market

JLL has forged an agreement with rental property management company Roofstock, which stands to give the startup significant stature in the rental home investment market. Continue reading

Jeff Bezos’ $165M mansion deal shatters Los Angeles sales record

Bezos bought the Beverly Hills estate from Hollywood mogul David Geffen in an off-market deal without the involvement of any agents. Continue reading

Real estate fundraising plunges to lowest level since 2013

The amount of capital raised by real estate private equity funds shrunk from $35 billion in the fourth quarter of 2018 to $18 billion in 2019. Continue reading