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Tag Archives: estate

Rising debt and junk bonds from Chinese real estate developers

A pedestrian crosses a street in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images SINGAPORE – Soaring debt among Chinese property developers is once again in the spotlight as liquidity issues at top developer China Evergrande spark investor concerns. China’s house prices rebounded quickly as the economy re-opened after the worst of the pandemic. …

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Whitney Houston hologram finishes without permission from Estate

Play video content Exclusive FilmOn The Whitney Houston The hologram that was slated to debut on “The Voice” years ago emerged from the new and improved Shadows – the problem is, their estate had NO idea it was happening. music producer Scott stork recently teamed up with Hologram USA – the same company that started the famous company Tupac and …

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The Queen’s real estate portfolio is hit by the coronavirus. The taxpayers will save them

Sir Michael Stevens, the Queen’s Treasurer, confirmed in a statement Friday that the size of the Sovereign Grant, a major source of income for the royal family, will not be affected by an expected decline in profits from the Crown Estate’s investments. The Sovereign Grant is a government lump sum payment that covers official travel, staff, and palace expenses. The …

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The COVID-19 lockdown is squeezing real estate on all sides and threatening to burst the real estate and mortgage bubble

Recently, the Federal Housing Finance Administration (FHFA) – curator of Fannie Mae and Freddie Mac – extended the moratorium on evictions and foreclosures until the end of the year. Many homeowners breathed a sigh of relief. Indeed, the number of forbearance borrowers has declined in recent months. But that is no reason for optimism. The more serious matter is how …

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Palihapitiya as part of a $ 4.8 billion SPAC deal for real estate start-up Opendoor

Chamath Palihapitiya Olivia Michael | CNBC Chamath Palihapitiya pioneered the release of private unicorns by backwards merging them into special purpose vehicles – an idea he calls “IPO 2.0”. After his first iteration last year with space tourism company Virgin Galactic, he’s found his next destination: Opendoor, an online marketplace for buying and selling homes. “These people are my next …

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Tyler Perry’s new Atlanta estate appears to have a runway

The great property Tyler PerryThe building may need its own damn zip code soon because apparently he’s building his own airport on a lot suitable for a billionaire !!! TMZ has received photos and videos of the 35,000-square-foot mansion it is building on 1,200 acres near Atlanta. As you can see … there are 2 structures on the property. The …

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Leonard Cohen’s estate blames Trump’s “unauthorized use” of “Hallelujah” at RNC

Representatives of Leonard Cohen’s estate criticized President Trump’s repeated use of his song “Hallelujah” on the final night of the Republican National Convention. According to RN’s estate, the RNC used the song even though they were denied permission. “We are surprised and dismayed that the RNC would go on to know that the Cohen Estate had specifically denied the RNC’s …

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