Fortress Vice Chairman & Global Head of Real Estate Tim Sloan discusses the impending commercial real estate maturity wall, and where he is looking for opportunities in the rest of the real estate market. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California.
Pretium CEO Don Mullen discusses the impacts of the 21st Century Road to Housing Act, home construction capital drying up, and the need to speed up homebuilding. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California.
Emaar Properties CEO Mohamed Alabbar says that Dubai's property market remains resilient despite regional tensions, citing strong buyer confidence and stable collections across customers. While acknowledging short-term supply chain disruptions linked to the Strait of Hormuz closure, Alabbar expects a quick regional rebound. He spoke with Bloomberg TV's Joumanna Bercetche from the sidelines of MIITE in Abu Dhabi.
Prime Minister Anthony Albanese has downplayed mounting speculation about changes to negative gearing and capital gains tax ahead of the May 12 federal budget, describing recent media reporting as “all wrong”.
London Mayor Sadiq Khan discusses artificial intelligence, migration, affordable housing and why voters shouldn't back the populist Reform UK in next week's local elections, describing Nigel Farage's party as a "poor man's version of President Trump and MAGA." Khan also backed Prime Minister Keir Starmer to survive the growing scandal around his 2024 appointment of Peter Mandelson as ambassador to Washington. He talks with Chad Thomas at Bloomberg's CityLab conference in Madrid, where a new forum involving mayors from across the world to ensure artificial intelligence works for effectively for cities was announced.
PGIM Co-Head and Global COO of Real Estate Cathy Marcus discusses how the AI data center boom is testing buildout limits, the 'serious' issue with housing supply in the US, and why we're seeing some office-to-housing conversion. She talks with Katie Greifeld and Romaine Bostick on "The Close."
Coldwell Banker Affiliates President Jason Waugh discusses housing stocks bracing for the spring selling season, 'healthy and strong' demand, and why uncertainty is driving the market. He talks with Katie Greifeld and Romaine Bostick on "the Close."
As homeownership drifts further out of reach, governments are looking for new ways to help first-time buyers come up with the money. In Australia, economist Saul Eslake argues that letting buyers tap retirement savings or reduce down payments only puts more upward pressure on prices. In Singapore, economist Sumit Agarwal points to a very different system: mandatory savings there can be used for housing, but steep taxes discourage buying second and third homes. Through the experiences of first-time buyers Jordan Davies in Melbourne and Jeff Chie in Singapore, the story explores whether easier access to capital really helps people buy homes or simply makes housing even more expensive.
Scott Brothers Global Co-founders and CEOs Jonathan & Drew Scott, HGTV's "Property Brothers," discuss their new show, moving 'in the wrong direction' on affordability, and how AI can help developers. They sit down with Romaine Bostick for "The Close."
US existing-home sales unexpectedly rose in February and the prior month was revised up. Contract closings increased 1.7% to a 4.09 million annualized rate, according to National Association of Realtors data released Tuesday. Mike McKee reports on "Bloomberg Open Interest."
