Real Estate

Germany’s beleaguered real estate market showed tentative signs of recovery as investors completed more large deals, even though offices are still getting the cold shoulder.

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

The Bank of Mom and Dad is becoming a growing source of finance for UK adults looking to get on the housing ladder, according a new Resolution Foundation report.

The Texas Land Commissioner offered 1,402 acres of land in Starr County to be used to construct deportation facilities for the US, an early indicator of how the state will seek to help President-elect Donald Trump carry out his promised mass crackdown against undocumented immigrants.

Property prices in Asia’s major markets are expected to rise over the next year with Hong Kong leading the projected gains, according to Bloomberg Intelligence.

Hedge fund managers including Diego Megia and famed short seller Carson Block pitched investment ideas at the Sohn conference in London Wednesday as the industry gears up to navigate a new investment landscape brought on by the re-election of Donald Trump as US President.

One economist says that upcoming mortgage renewals are likely to put less of a strain on households than previously feared, potentially acting as a tailwind for consumer spending.

JPMorgan Chase & Co. and BDT & MSD Partners provided a $273 million construction loan for an upcoming luxury residential project north of Miami centered around a private golf club.

He’s partnered with the team behind New York’s cult favorite Japanese spot Nami Nori to expand to South Florida.

Fortress Investment Group LLC has clinched a deal to buy real estate loans originated by financial technology platform New Silver, according to a statement seen by Bloomberg, as private credit firms grow their footprint in asset based debt.

Some lenders to Canada’s distressed condo developers are finding they have little choice but to buy the troubled projects they backed and finish the buildings themselves.

Nouriel Roubini is seizing on Donald Trump’s inflation-threatening policy agenda to make a case for an alternative haven trade to Treasuries in a world of elevated volatility.

Gramercy Funds Management is working on more loans to emerging-market companies after raising $760 million for its third fund dedicated to private credit.

Before Donald Trump’s election, Redfin Corp. projected mortgage rates would average 6.1% next year. But three days after the election, they revised their estimate upward to 6.8% – basically unchanged from today’s high levels.

Jorge Perez became a billionaire building luxury condos in Miami. Now he’s planning a $1 billion tower in a seaside Florida town better known for no-frills retiree homes and apartments.