Latest Real estate News

Tens of thousands of Spaniards protest housing crunch and high rents in Barcelona

Nov. 23, 2024 16:13 PM EST

BARCELONA, Spain (AP) — Tens of thousands of Spaniards marched in downtown Barcelona on Saturday to protest the skyrocketing cost of renting an apartment in the popular tourist destination. Protesters cut off traffic on main avenues in the city center, holding up homemade signs in...

Apartment buildings wrap up $1B in HUD funds for lower utility bills and climate upgrades

Nov. 19, 2024 14:19 PM EST

Renters in affordable housing felt forgotten and left out of the nation's transition to clean energy. They lived in older buildings that had been repaired over the years but had leaky windows and old appliances that consumed a lot of energy. They didn't have solar power. That was...

NYC bans unusual practice of forcing tenants to pay real estate brokers hired by landlords

Nov. 13, 2024 16:33 PM EST

NEW YORK (AP) — Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under legislation that passed Wednesday after overcoming fierce backlash from the city's real estate lobby. Under a system that exists in New York...

Ares Commercial Real Estate: Q3 Earnings Snapshot

Nov. 07, 2024 06:36 AM EST

NEW YORK (AP) — NEW YORK (AP) — Ares Commercial Real Estate Corp. (ACRE) on Thursday reported a third-quarter loss of $5.9 million, after reporting a profit in the same period a year earlier. On a per-share basis, the New York-based company said it had a loss of 11 cents....

Newmark Group: Q3 Earnings Snapshot

Nov. 05, 2024 08:28 AM EST

NEW YORK (AP) — NEW YORK (AP) — Newmark Group Inc. (NMRK) on Tuesday reported earnings of $17.8 million in its third quarter. On a per-share basis, the New York-based company said it had profit of 10 cents. Earnings, adjusted for non-recurring costs, came to 33 cents per share. ...

NexPoint: Q3 Earnings Snapshot

Oct. 31, 2024 08:51 AM EDT

DALLAS (AP) — DALLAS (AP) — NexPoint Real Estate Finance, Inc. (NREF) on Thursday reported profit of $23.3 million in its third quarter. The Dallas-based company said it had profit of 74 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to...

KKR Real Estate: Q3 Earnings Snapshot

Oct. 21, 2024 16:44 PM EDT

NEW YORK (AP) — NEW YORK (AP) — KKR Real Estate Finance Trust Inc. (KREF) on Monday reported a loss of $7.4 million in its third quarter. On a per-share basis, the New York-based company said it had a loss of 19 cents. Earnings, adjusted for non-recurring costs and stock option...

Takeaways from AP's reporting on how Arizona voters view the economy with the election close at hand

Oct. 19, 2024 12:14 PM EDT

MESA, Ariz. (AP) — The Arizona economy by many measures is flourishing, but it doesn't feel that way for a lot of voters in the presidential battleground state as they consider their choices on Nov. 5. Voters are hearing Democrats and Republicans promise to help the middle class if...

China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target

Oct. 18, 2024 06:28 AM EDT

HONG KONG (AP) — China's economy expanded at an annual rate of 4.6% in the July-September quarter, the government said Friday, in the latest evidence that recent efforts to rev up growth have yet to take hold. The world’s second largest economy slowed from 4.7% annual growth in...

China's economy softens in August as Beijing continues to grapple with lagging demand

Sep. 14, 2024 15:13 PM EDT

BEIJING (AP) — China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand. Data published by the National Bureau of Statistics Saturday showed weakening activity across...