Tag

Property Sales

All articles tagged with #property sales

politics-legal-finance1 year ago

"Trump's Financial Struggles: How He Could Raise Half a Billion Dollars to Settle Judgments"

Donald Trump is facing a cash crunch as he seeks to raise over half a billion dollars to satisfy judgments against him. With deadlines looming, including an $83.3 million defamation case and a $454 million civil fraud case, Trump's lawyers are exploring options such as selling properties, tapping capital markets, or finding another source of cash. The former president's ability to raise funds is complicated by his legal and financial troubles, including four criminal indictments, and the reluctance of major banks to lend to him. Trump's attorneys are also considering the possibility of securing a bond, but the sheer size of the judgments presents practical challenges in coming up with the required cash.

real-estate2 years ago

Real Estate Roundup: Top Home Sales in NJ, Cape Cod, Oregon Coast, and Winslow

NJ.com has published a list of all real estate transfers in New Jersey counties from June 12 to June 18, including top sales by county and other real estate news. The list covers all counties in the Garden State and is generated by United Robots' machine learning analysis of data from Propmix, an aggregator of national real estate data.

real-estate2 years ago

Record-breaking sale of empty sand plot in Dubai.

An empty plot of land on Dubai's luxury Jumeirah Bay Island has sold for over $34 million, marking a 242% gain over its original purchase price in 2021. The 24,500-square-foot property was sold by British entrepreneur Umar Kamani, co-founder of fashion retailer PrettyLittleThing. The identity of the buyer is unknown. The sale reflects the resilience of Dubai's real estate market and the desire of the ultra-rich to invest in exclusive locations. The island features a five-star hotel, sandy beaches, a marina, high-end restaurants, and a limited number of luxury apartments.

real-estate2 years ago

Real Estate Roundup: Recent Home Sales in NJ, Hampshire, Summit, Ewing, and Hampden Counties.

NJ.com has published a list of all real estate transfers in various New Jersey counties from May 8 to May 15, including Atlantic, Burlington, Camden, Cumberland, Essex, Mercer, Middlesex, Monmouth, Morris, Ocean, Salem, Somerset, Union, Warren, and Sussex. The Real Estate Wire service is provided by United Robots, which uses machine learning to generate analysis of data from Propmix, an aggregator of national real-estate data.

real-estate2 years ago

Real Estate Roundup: Homes Sold in NJ and Cape Cod, May 1-14

NJ.com has published a list of all real estate transfers in New Jersey counties from May 1 to May 8, including top sales by county and other real estate news. The list covers Atlantic, Bergen, Burlington, Camden, Cape May, Cumberland, Essex, Hudson, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Salem, Somerset, Union, Warren, and Sussex counties. The service is provided by United Robots, which uses machine learning to generate analysis of data from Propmix, an aggregator of national real-estate data.

real-estate2 years ago

L.A. Mansion Market Faces Deadline and Tax Challenges.

The owner of a seven-bedroom, 11-bath mansion in Los Angeles is willing to accept $6 million less than what he paid for it less than two years ago to beat a looming new local mansion tax. If it doesn't sell by April 1, the property would be subject to the new tax, which could cost the owner a further $2 million. The mansion features a Kobe Bryant-themed basketball court, car showroom, and a 70-foot infinity pool. The new tax is on top of the city's current 0.45% transfer tax and is levied based on sale price, not profit.