Bloomberg

Long constrained by a lack of inventory and high prices, home buyers must now also contend with decades high inflation and rapidly rising mortgage rates.

Representatives of foreign companies in China met Monday with Commerce Minister Wang Wentao to discuss the impact of Covid controls.

The report from American Hotel & Lodging Association and Kalibri Labs projects that hotel business travel revenue will remain 23% down from 2019 by the end of this year.

Shawn E. Good had clients send funds to his personal bank account to supposedly make low-risk investments in real estate development projects.

Avenue Living Asset Management is gaining a U.S. beachhead by targeting apartment buildings in small cities such as Cincinnati, Ohio and Kansas City, Kansas.

Research from footfall analysis company Placer.ai shows budget grocers Aldi and German rival Lidl are gaining traction with U.S. customers.

Tenants paid a median of $3,644 on new leases signed in March, the most in three decades of data-keeping by Miller Samuel and Douglas Elliman.

CICC Capital is working the Chinese hotel chain’s management on the possible buyout bid.