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PacWest to sell $2.6 billion real estate loans at discount

Kennedy-Wilson Holdings Inc. will purchase the group of 74 loans at discounted price of about $2.4 billion, it said in a statement Monday.

PacWest will sell six more loans to Kennedy-Wilson for about $363 million if it wins certain approvals, the Beverly Hills-based lender said in a separate statement. (AP)
Published on May 22, 2023 10:33 PM IST
Bloomberg |

Nearly 5.58 lakh homes likely to be completed in 2023 across 7 cities: Report

Real estate consultant Anarock's data suggests that 5,57,900 homes are scheduled for completion. In 2022, 4,02,000 units were scheduled to be completed.

The developers are trying to avoid delay in completion of projects as it leads to cost overrun. (Rep image)
Published on May 21, 2023 01:14 PM IST

Housing sales surge 48% in FY23 to 3.47 lakh crore: Report

Real estate consultant Anarock reported that sales of residential properties in value terms increased to ₹3,46,960 crore last fiscal.

The data pertains to the transactions of primary (fresh sale) housing market.(HT Photo/Representative)
Published on May 14, 2023 04:11 PM IST

DLF to launch projects worth 20k crore, targets sale bookings of 12k cr

On Friday, DLF reported that its sale bookings jumped more than two-fold to a record ₹15,058 crore last fiscal from ₹7,273 crore in the previous year.

DLF is primarily engaged in the business of development and sale of residential properties (the Development Business) and the development and leasing of commercial and retail properties (the annuity business).
Published on May 13, 2023 11:34 PM IST

Dubai records over 2.2 billion dirham in realty transactions

The mortgages included 94 villas and apartments worth AED538.96 million and 19 land plots valued at AED736.16 million.

The sales included 419 villas and apartments worth AED711.48 million, and 21 land plots worth AED119.4 million.(AP)
Updated on May 04, 2023 04:39 PM IST
ANI | | Posted by Yagya Sharma
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