Gold Fields approaches Northern Star over potential takeover, Bloomberg reports

London estate agency Foxtons has reported a £2.3 million decline in third quarter revenue, attributing £2.7 million of the impact to tenant-led early terminations following the introduction of the Renters’ Rights Act on 1 May 2026. The agency’s Q3 trading update showed total revenue fell 7% to £31.1 million compared to the same period last…

Yosemite National Park, California, on April 27, 2023. Mario Tama | Getty Images News | Getty Images The Trump administration is considering a land swap that could exchange a small piece of Yosemite National Park, or an interest in it, to a private developer seeking a new access road, the Interior Department and the company’s…

A massive multifamily portfolio held by global investment giant Blackstone is being liquidated to pay back its matured loan as the asset class continues to face headwinds in the Sun Belt. Bisnow/Sasha Jones The $1.3B CMBS loan tied to Blackstone’s Blackjack Portfolio entered special servicing after the borrower missed its Oct. 9 maturity payment, Morningstar…

High mortgage rates caused builders to continue pulling back in June on new single-family homes, but but the multifamily sector surges, the U.S. Census Bureau reported. Single-family housing starts in June were at a seasonally adjusted annual rate of 895,000, down 0.2% from May and 3.2% less than a year ago, Realtor.com reported. The pullback…

Real estate journalism is a somewhat specialized field — but last week a piece of industry news was blared on front pages far and wide. Two steel support structures at the former Pfizer headquarters at 235 East 42nd Street buckled on July 7, and five floors at the building began to cave in. The site…