Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer
The median sale price for luxury homes in the U.S. rose 1.2% year over year to $825,000 during the three months ending July 31, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The rebound comes after a record decline in the spring, when luxury prices dropped 1.7% as the coronavirus pandemic forced the U.S. economy … Continue reading Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer Continue Reading
Studio City International Holdings Limited, a world-class integrated resort located in Cotai, Macau, today reported its unaudited financial results for the second quarter of 2020. Total operating revenues for the second quarter of 2020 were negative US$12.5 million, as compared to total operating revenues of US$149.7 million in the second quarter of 2019. The decrease … 
Phoenix American, a full-service fund administration provider for alternative investment funds, has published a new white paper examining the ongoing impacts of the COVID-19 pandemic crisis on multifamily real estate across the United States. Multifamily & COVID-19 Federal Support, Rental Payments and Risk Outlook for 2020 analyzes the effects on multifamily real estate five months into the pandemic crisis and … 
Marathon Gold Corporation is pleased to announce the appointment of Ausenco Engineering Canada Inc. (“Ausenco”) as the lead consultant for the Feasibility Study (“FS”) at the Valentine Gold Project in central Newfoundland. As lead consultant for the FS, Ausenco will be responsible for process and facilities design, access and power infrastructure design, capital and operating … 
Orbit International Corp, an electronics manufacturer and software solution provider, today announced that its Power Group (OPG), through its Behlman Electronics, Inc. subsidiary (“Behlman”), received a new order for power supplies valued at approximately $1,790,000 for its COTS division. Deliveries are scheduled to commence in the second quarter of 2021 and continue through the first …