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China Evergrande ordered into liquidation after $300 billion debt spiral

Archinect

A court in Hong Kong has ordered the winding up of Evergrande Group, the world’s most indebted property developer, dealing another blow to investor confidence as China’s ailing real estate sector continues to weigh on its economy. Overseas creditors are currently owed a reported $25 billion.

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The toughest market I have faced in my real estate career

Brandon Donnelly

Once a year, I teach a session in Carleton University’s Certificate in Real Estate Development program. In fact, you could rightly call it a real estate sea change. This is the toughest market that I have had to face in my real estate career. 2008 was certainly bad. See: Bay-Adelaide stump.)

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Ai Weiwei’s minimalist New York apartment lists for $2 million

Archinect

As ARTnews reported, the loft was staged with Weiwei’s 1983 Dancers painting and three Marble Chair sculptures from 2008, the same year he moved to the 79-unit building located at 420 W. The 1,400-square-foot minimalist-minded pied-à-terre is owned by Chinese contemporary artist, documentarian, and activist Ai Weiwei.

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Ai Weiwei’s minmilaist New York apartment lists for $2 million

Archinect

As ARTnews reported, the loft was staged with Weiwei’s 1983 Dancers painting and three Marble Chair sculptures from 2008, the same year he moved to the 79-unit building located at 420 W. The 1,400-square-foot minimalist-minded pied-à-terre is owned by Chinese contemporary artist, documentarian, and activist Ai Weiwei.

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Realtors report positive trends in commercial real estate market

BD+C

Realtors who practice commercial real estate have reported an increase in annual gross income for the third year in a row, signaling the market is on the road to recovery. The study shows median annual gross income for 2012 was $90,200, an increase from $86,000 in 2011 and is at its highest level since 2008.

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Are Condos a Good Investment During a Recession?

Archute

If you're looking to invest in real estate, there are few places that can offer the potential for growth like a condo.It's no secret that the Great Recession of 2008 brought on a wave of foreclosures that swept the country and left many homeowners struggling to make ends meet. During the housing crisis brought on.

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The Citadel effect

Brandon Donnelly

Today, the Miami housing market is feeling the effects : “They’ve been buying here aggressively,” said Michael Martinez, a real estate agent with Sotheby’s in Miami, who recently brokered the sale of a $5mn home in Coconut Grove, a quiet salubrious suburb, to a Citadel employee.