Month: December 2023

Residential buildings under construction at China Vanke Co.’s Isle Maison development in Hefei, China, on Monday, Nov. 27, 2023. China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance for property sector pain is nearing its limit. Source: Bloomberg Bloomberg | Bloomberg | Getty Images BEIJING — China
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Variety won top honors Sunday at the National Arts & Entertainment Journalism Awards, taking the trophy for best entertainment publication along with 11 other first-place wins. The May 3 cover package “No Words: What the Writers Strike Means for Hollywood” was recognized in the category of best entertainment publication during the ceremony held at the
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NANJING, CHINA – AUGUST 18, 2023 – Aerial photo shows a residential area of Evergrande in Nanjing, East China’s Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Getty Images Shares of Evergrande Group rose over 9% as the beleaguered Chinese property firm’s court hearing over its possible liquidation was postponed to Jan.
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Miami-based Eagle Property Capital Investments and Mexico City’s Promecap have made waves in the real estate realm by successfully raising a staggering $309 million for a dynamic investment fund specifically honing in on multifamily properties across the Sun Belt states. The ambitious joint venture, announced via a press release, unveiled its intention to utilize this
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