Billionaire Gary Winnick and his wife, the artist and author Karen Winnick, have listed their Sherry-Netherland hotel pied-à-terre for $4.45 with a new co-broker — down from its $6 million ask last year. That’s small […]
Billionaire investor Jeff Greene expects a painful downturn and a potential slump in house prices. The real-estate tycoon says the Fed’s rate hikes will deal heavy blows to several industries. Greene expects an economic slump, […]
Property billionaire Jeff Greene has sounded the alarm on commercial real estate. Offices will be hit hard if recession strikes and AI eliminates some white-collar jobs, he said. Greene pocketed about $800 million by predicting […]
The Commercial Real Estate sector is at risk of a recession, warned Ross Perot Jr. The real estate billionaire said banks needed to lend to the industry to avoid a sharp downturn. Some lenders have […]
The post ‘The Fed screwed up’: Real estate billionaire Sam Zell just warned that hot inflation isn’t going away anytime soon — here are 3 shockproof assets to help protect your wealth appeared first on […]
The post Billionaire Grant Cardone says he and other real estate investors will ‘save the day’ and prevent a home price crash appeared first on Weekly Real Estate News.
Rapid home-price growth and soaring mortgage rates led to a dramatic downturn in housing demand throughout 2022, leading experts to speculate that the entire US real estate market could implode. While the housing slump is escalating this year, there’s a brighter future […]
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