SEOUL, May 22 (Korea Bziwire) — Chinese people purchased nearly 7,000 buildings in South Korea last year, with more than half of the properties being from the Greater Seoul area, a ruling party lawmaker said Sunday. A total of 6,640 buildings, including apartments, were purchased by Chinese nationals last year, and 2,659 of them are [...]
NEW YORK, May 5 (Korea Bizwire) — Madison Realty Capital, a fully integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has provided a $395 million loan to Accurate Builders & Developers for a portfolio of assets that includes three nearly-complete multifamily properties located in Bayonne, Raritan and [...]
SEOUL, Oct. 19 (Korea Bizwire) — As a recent governmental measure aimed at curbing prices of real estate properties has made it more difficult for individuals to obtain loans to buy properties, there has been an increasing number of people who are placing successful bids for auctions of properties that are tendered under corporations. According [...]