Puerto Rico has been in financial crisis for a decade, and Hurricane Maria has devastated the economy for at least the next few months. But tax incentives in the commonwealth are so prevalent, and ...
If the three-story property fetches close to its asking price, it would become the island’s priciest ever home sale.
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In the past few years, Puerto Rico has attracted an increasing amount of attention from wealthy individuals, families, and developers — and they’re making major investments on the island. In 2022, a ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. I've noticed that similar real estate trends are happening across many areas of the United ...
Puerto Rico Despite Coronavirus, Worldwide Home Prices Uptick 5.6 Percent in 2020 International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on ...
A $550 million real estate deal in Puerto Rico is a reunion of sorts for developer Scott Wolstein, who once again will oversee properties he first purchased more than 15 years ago. Late Friday, Aug.
After making the offer of purchasing Greenland from Denmark and being publicly rebuffed, it was reported that President Donald Trump made a side comment — one assumes as a joke, although one can never ...
Deep-pocketed investors like Paulson & Company, Lone Star Funds and the Blackstone Group pumped hundreds of millions of dollars into Puerto Rico real estate in recent years. In hindsight, that doesn’t ...
The biggest headache for Retail Value Inc. (NYSE: RVI), the company that Beachwood-based SITE Centers Inc. (NYSE: SITC) operates to shed properties it doesn't want in its portfolio, may disappear if ...
Hurricane Maria exacerbated problems for Puerto Rico’s already-struggling real estate market — creating opportunities and pitfalls alike for would-be home buyers. The storm, which devastated much of ...
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