WSJ Real Estate
COMMERCIAL REAL ESTATE Commercial Real-Estate Firms Raise Money in Tough Climate
Simon Dawson/Bloomberg News
Two big real-estate investment managers have finished raising capital for private-equity funds despite concerns about rising interest rates and the aging of a long-running bull market.
- New Mortgages Allow Renters to Buy With Tiny Down Payments
With more retailers shuttering stores across the U.S., some property owners and managers are trying to unload weak malls at a faster pace. The quickest and easiest way to do that, it turns out, is online.
Bringing Paris Style and New York Swagger to Hong Kong’s Office Market
Billy H.C. Kwok/Bloomberg News
A Hong Kong real estate tycoon opened the first phase of a billion-dollar redevelopment project with a new skyscraper that will test whether his formula for artsy office space can transform an old waterfront into a thriving business hub.
- Affordable-Housing Industry Braces for GOP Tax Overhaul
- WeWork to Buy Meetup, Targeting Off-Hours Gatherings
Mesa Vista Ranch
Over nearly five decades, T. Boone Pickens turned a ranch in the Texas Panhandle into a retreat with its own airport, art gallery, chapel and an 11,000-square-foot kennel for hunting dogs. Now 89, the energy tycoon is putting his Mesa Vista ranch on the market for $250 million.
- Retail Heir David Lowy Is Behind One57 Purchase That Set New High in NYC Foreclosure Auction
- Palm Beach Estate Needs Work, Seeks $41.9 Million
- A Former Ambassador’s English House Asks $40 Million
Casey Woods for The Wall Street Journal
Randy Rogers, the leader of the Randy Rogers Band, bought a historic house in New Braunfels and doubled the size to about 4,000 square feet, while preserving the home’s original character.Foreigners Seeking Mortgages Face Close Scrutiny
The mortgage-application process can be daunting for even the most creditworthy borrower. But what about foreign applicants, who may not have a documented credit history or permanent residence in the U.S.? What hurdles do noncitizens face when applying for a jumbo mortgage?
- Homes That Are Headlining in Nashville
- Grammy-Winner Mavis Staples on Life in a Performing Family
This San Diego-area home has an art studio, outdoor sports bar, putting green and teppanyaki room that doubles as a poker room.GREATER NEW YORK REAL ESTATE Wanted: Buyer to Restore Some Grandeur to Manhattan’s Dakota Building
Andrew Burton/Getty Images
Virginia Dwan, an art dealer and philanthropist, and her next door neighbor John Rydzewski, an investment banker, hold two pieces of a puzzle at the Dakota, the 19th century edifice that all but invented luxury apartment living in New York. Now they are looking for someone interested in putting the pieces back together.Towering Landmark Battle Looms Over Philip Johnson Building
Alexander Cohn/The Wall Street Journal
A planned $300 million overhaul of a Midtown Manhattan office tower designed by star architects Philip Johnson and John Burgee suffered a setback Tuesday when the New York City Landmarks Preservation Commission voted to consider the building for landmark status. The commission now will begin the formal designation process for 550 Madison Ave., a 41-story office building completed in 1984 to serve as the headquarters of AT&T Inc. and later housed the offices of Sony Corp.
- Staten Island’s North Shore is Experiencing a Building Boom