Sixth Street Gearing Up for Property Distress Splash  The Real Deal

Swedish property giants write down billions as prices crash  KITCO

On Feb. 26 a handful of real estate giants, including Compass, Redfin, United Real Estate and Douglas Elliman responded for the first time to the oldest—and largest—Burnett copycat case, revealing how the industry has evolved in its legal strategies against allegations of price-fixing and conspiracy in the wake of a $1.8 billion judgment last year.…

The post Big Brokerages Shift Gears in Latest Commission Suit Response appeared first on RISMedia.

California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the four years before Redfin announced it was leaving NAR, according to a suit filed in federal court.

In a Q4 2023 earnings call Feb. 26, iBuyer Offerpad put a positive spin on negative news of a $15.4 million loss, down 23% from Q3 2023 and 87% down from a year ago, when the company lost $121.1 million. Offerpad’s overall 2023 net loss totaled $117.2 million, down from $148.6 million in 2022. “We…

The post Offerpad Voices Optimism Despite Continuing Losses in Q4 2023 appeared first on RISMedia.

London's New Hotels Are a Reminder of the City's Perennial Allure  Condé Nast Traveler

January saw median rents drop for the sixth straight month, with year-over-year prices down -0.3%, according to Realtor.com’s January 2024 Rental Report. Renters are experiencing much-needed relief, although prices are still 18.3% higher than pre-COVID. There is strong demand for rental units, and not nearly enough of them accessible in markets across the country. The…

The post Rent Prices Consistently Declining, Drop to Start the New Year appeared first on RISMedia.

The Median Down Payment For A House, By US State  Digg

Ho Bee Land Swings to S$260M 2023 Loss on London Markdowns  Mingtiandi

Singapore's Ho Bee Land Swings to S$260M 2023 Loss on London Markdowns  Mingtiandi

If you sold a home, and paid a commission to a real estate broker or agent, a class action lawsuit may affect your rights ...  PR Newswire

Swedish property giants write down billions as prices crash  Reuters.com

Swedish property giants write down billions as prices crash  Reuters

BlackRock and Outpost's London BTR scheme secures £105m Precede loan  IPE Real Assets

Commercial real estate crisis can be averted by soft landing: Jamie Dimon  Business Insider

BNP Paribas Securities Services to support real estate strategy  Funds Europe Magazine

Denmark, home to Ozempic-maker Novo Nordisk, is now Europe’s third-most prosperous economy  Fortune

Precede Capital and QuadReal provide financin...  PropertyEU

Europe's Commercial Real Estate Holds Steady Amid Economic Uncertainty  BNN Breaking

Europe Real Estate Risk Hasn’t Materialized Spectacularly, ESM Chief Says  BNN Bloomberg