Fannie narrowed its search for a new chief executive to two finalists and could soon offer the position to Timothy Mayopoulos, the mortgage-finance company's general counsel and lead candidate.
This split-level ranch house in Melbourne, Australia, has well appointed entertaining areas as well as windows and balconies that were strategically placed to take advantage of the views.
Asking $6.5 million, this property sits in the Marlborough region of New Zealand, near the top of the country's South Island. It includes 55 acres of grapes, producing Pinot Blanc, Pinot Gris, Pinot Noir, Chardonnay and Sauvignon Blanc.
Leroy Schecter's Miami Beach estate asks $45 million; Blaine Trump lists a Millbrook, N.Y., home for $17.5 million; a Ocala, Fla., equestrian estate goes on the auction block.
Lehman Brothers has struck a deal to buy the 26.5% stake that it doesn't already own in apartment giant Archstone for $1.58 billion, giving competing bidder Sam Zell's Equity Residential $150 million.
Wells Fargo has handed over hundreds of emails and other documents to the SEC related to its mortgage-backed securities business after being taken to court.
This 20-bedroom estate includes a main villa, family villa or "riad," three guest bungalows, two swimming pools and more than 700 olive trees on almost seven acres of land.
The dream was to eventually unite all of the nine apartments in the building at 828 Fifth Ave., recreating the original single-family mansion with its large public rooms restored.
Freddie Mac forced Bank of America to buy back $330 million of mortgages originated over the past two years after the mortgage-finance giant challenged the lender over technical issues with how the loans were manufactured.
The dream was to unite all nine apartments at 828 Fifth Ave., restoring the original single-family mansion. But the owners are giving up with a few puzzle pieces still missing.
The former home of baseball great Babe Ruth in central Massachusetts has come on the market for $1.65 million, complete with an upstairs shrine to the Sultan of Swat.
Put off by high fees and disappointing performance of so-called pooled funds, major institutions are building in-house real-estate investment divisions to acquire property directly.
The town of Strausberg, Germany, is at the center of a battle between investors who see riches in Soviet-era housing and The Left party, which is trying block profit-hungry capitalists.
Sales of previously owned homes rose at a robust clip in April—and prices jumped—the latest indications that the hard-hit housing market is recovering.
Office investors are beginning to trickle back into downtown Los Angeles as a rising number of residents, restaurants and glitzy entertainment options bring new zest to the city's once-overlooked core.
Shareholders in Simon Property rejected an eight-year compensation package awarded to Chief Executive David Simon, which included an annual base salary of $1.25 million and stock awards valued at $132 million over the eight-year term.
An $85 million L.A. mansion with a 500-worker renovation team. A $70 million London home with a bowling alley. The Ecclestone sisters are swiftly amassing a global property portfolio. The new generation of wealthy buyers.
It is a boom time for the few developers smart enough or lucky enough to be bringing new luxury rental buildings onto the market now, in one of the tightest spring rental markets in years.
Celine Dion lists a private Canadian island for $29.3 million; Ryan Seacrest is in escrow to buy Ellen DeGeneres's home for $37 million; a midtown Manhattan duplex lists for $12 million.
If last year was about big, manly architectural statements at the RHS Chelsea Flower Show, this year is about exploring the softer, more sensual side of gardening, with smells and sounds featuring heavily in show spaces.
This 14,000-square-foot house on the St. Johns River is coming up for auction on May 24 with no minimum bid. The owners used to own the Jacksonville Jaguars football team, thus the painting of three jaguars that hangs over the fireplace in the living room and which comes with the house.