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Real Estate

Semiconductor chip shortage could cost auto industry $210 billion: 'There's no room for error.'

The global automotive industry is looking at a $210 billion loss in revenue for the year due to a semiconductor chip shortage that's not likely to end soon.


Real Estate

Gracie Point closes $75 million in equity to continue global growth – 'The potential is significant'

Gracie Point Holdings, LLC recently closed a $75 million issuance of preferred equity from lead investors affiliated with Hudson Structured Capital Management (HSCM) Bermuda Ltd. and affiliates of Kuvare Holdings, Gracie Point announced in a press release.


Real Estate

Redfin: Pending sales show 'smallest' increase in 15 months

Redfin is reporting the smallest year-over-year increase for pending sales since June of 2020, according to a press release.


Real Estate

St. Louis-based Perficient announces acquisition of Talos Digital

Perficient, Inc. recently announced that it had acquired Colombia-based Talos Digital.


Real Estate

Elite Alliance welcomes 'awe-inspiring' Palazzo Ricci to family of residence clubs

Elite Alliance, a company that specializes in luxury real estate and vacation home exchange, recently announced their partnership with the Italian-based company, Palazzo Ricci, as their newest family of residence clubs.


Real Estate

Playboy to open new international club ‘convening for today's young Indian consumers’

A new Playboy location will soon be established in India amid a partnership with local investment group, PLBY Group, Inc..


Real Estate

Texas-based OJO Labs brings its real estate platform to Canada, where the housing market is 'moving at lightning speed'

Real estate platform OJO Labs, based in Austin, Texas, recently announced that it is expanding its services to Canada.


Real Estate

Blackstone, Hudson Pacific to fund British movie studio as part of 'thematic investment focus'

Blackstone Real Estate Partners and Hudson Pacific Properties are funding construction for a new Sunset Studios movie studio in the United Kingdom, according to a report from CNBC.


Real Estate

Corcoran Group announces expansion in 'little France of the Caribbean'

Corcoran Group, LLC continues its global expansion by welcoming a second Caribbean affiliate, known as Corcoran St. Barth, which will be located in the French West Indies.


Real Estate

Realty ONE group sells franchise rights to bring 'extraordinary service' to Costa Rica

Sergio Gonzalez, a Central American real-estate entrepreneur, has purchased the franchise rights of America's Realty ONE Group for an international expansion of the company.


Real Estate

Hines names Kian Fong Lim to lead Singapore office

Hines, a privately owned global real estate investment firm, recently hired Kian Fong Lim as managing director to lead its Singapore office.


Real Estate

Caribbean region sees 'uptick in purchases' in real estate since the pandemic

The housing market in the Caribbean islands region is heating up as interest surges from investors and homebuyers looking to buy real estate in tropical climates.


Real Estate

LeoLabs to place Azores Space Radar after 'a multi-decade investment'

Menlo Park, California-based LeoLabs Inc. is placing its next space radar in the Azores, an investment the company said is in step with Portugal’s national and regional goals.


Real Estate

'Grateful': Realty ONE Group expands franchise to Spain

The fast-growing and self proclaimed modern "purpose-driven" realty company called Realty ONE Group has reached new heights with its latest expansion venture that will take the company overseas.