The Real Deal - New York Real Estate News

Chinese developers find buyers for bonds, despite some defaults and specter of further regulation

Posted: 06 Jun 2021 11:00 AM PDT

China’s real estate companies, which ran up debts at home and abroad, are finding plenty of buyers for their bonds, despite some concerning signs for the industry. Chinese real estate firms have sold $20.3 billion worth of bonds since the beginning of the year, a 16 percent increase over the same period last year, according to the Wall Street Journal. That’s more than 2017 and 2018 as well, but pales in comparison to the $34.02

Hauntings and superstitions keep some of Hong Kong’s desirable properties empty

Posted: 06 Jun 2021 09:00 AM PDT

What could keep buyers away from some of the world’s most sought-after real estate? Ghosts, it turns out. Hong Kong is one of the most competitive real estate markets in the world, but superstitions can ward off interest in properties even there, according to the Financial Times. Utpal Bhattacharya, a professor at Hong Kong University of Science and Technology, tracked the prices of units that were the scene of unnatural deaths. Prices for those “haunted”

Dwyane Wade, Gabrielle Union sell waterfront Miami Beach estate for $22M

Posted: 06 Jun 2021 06:00 AM PDT

Dwyane Wade and Gabrielle Union said goodbye to their Wade County home: They sold their waterfront Miami Beach mansion for $22 million. It sold for more than $10 million off the original asking price two years ago. Wade, the retired Miami Heat star player and minority owner of the Utah Jazz; and Union, an actress and author, sold their estate at 5980 North Bay Road to an undisclosed buyer, confirmed listing agent Brett Harris of