property

A plot of land neighboring Jeff Bezos‘ property in Miami was sold for a staggering $105 million. The undeveloped lot was sold by German investor Mikhail Peleg. What Happened: The sale of the property on Indian Creek Island has set a new record for this ultra-exclusive location. The buyer of...

A house in the vicinity of President Donald Trump‘s Mar-a-Lago estate in Palm Beach, Florida, is up for sale at a price 32 times higher than its original purchase price. What Happened: A home on Algoma Road was listed for sale at $12.5 million, a significant increase from the $...

A vacant plot neighboring Jeff Bezos’ properties in Miami is up for grabs, with a hefty price tag of $200 million. What Happened: According to a report, a 1.84-acre property located on Indian Creek, a private island in Miami-Dade County, Florida, is for sale. The island, often...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's mother Maye Musk's sleeping arrangement at her son's place is quite unusual.  In an August 2022 interview with The Times, Maye said she doesn't sleep in a bedroom when she visits her son's residence in Boca Chica...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk says he doesn't own a home and has been sleeping on spare beds at the homes of his friends. What Happened: During a recent interview, Musk said, "I don't even own a place right now, I'm literally staying at friends' places." Musk...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has sold all seven of the houses he once owned in California, according to The Wall Street Journal.  In 2020, he announced on Twitter that he will be selling all his physical possessions, including his real estate.   I am selling almost all physical...

Innovative Industrial Properties Inc. (NYSE: IIPR) has purchased a Texas-based property for roughly $3.4 million. The San Diego cannabis REIT confirmed Thursday it's closing the acquisition of a San Marcos-based property and entering into a long-term lease with Surterra Texas'...

Power REIT (NYSE-AMEX: PW) has obtained a greenhouse cannabis cultivation facility in California for $7.685 million. The Old Bethpage, New York-based real estate investment rrust purchased a 37,000 square-foot property in Riverside County for $2.685 million in cash and some 192,308...

ECGI Holdings Inc. (PINK: ECGI) has acquired a Northern California-based property intended for cannabis cultivation. The site — which spans 1.7 million square feet — is zoned for the growing of cannabis strains and the development of facilities for the processing and...

Power REIT (NYSE-AMEX: PW) confirmed Monday the acquisition of two properties in Colorado. The move comes months after the purchase of another Colorado property, dubbed Maverick 5. The Old Bethpage, New York-based real estate investment trust obtained a total of 4.21 acres in Crowley County via...

Power REIT (NYSE: PW) has acquired two Colorado parcels. The Old Bethpage, New York-based company purchased properties in Crowley County for a total of $150,000. The parcels span 2.37 acres and 2.09 acres, respectively. Powe REIT also entered into a triple-net deal with Monte Fiore,...

Power REIT (NYSE-AMEX: PW) has finalized the acquisition of land parcel in southern Colorado. The Old Bethpage, New York-based real estate investment trust purchased some 4.3 acres via a subsidiary — PropCo — for $150,000. Power REIT noted Monday...

Innovative Industrial Properties Inc. (NYSE: IIPR) bought a property in Lakeland, Florida, for roughly $19.6 million, excluding transaction costs. The San Deigo-based REIT confirmed Monday, it has taken over a property from Parallel's associate, which remained undisclosed....

CoreLogic, Inc. (NYSE: CLGX) rejected an unsolicited $7 billion buyout offer from investment firms Cannae Holdings Inc (NYSE: CNNE) and Senator Investment Group LP on Tuesday. What Happened This is the second time that the property data and analytics solutions provider has rejected a buyout offer...