Real Estate Financial News

Gamified platform PropyKeys has announced the public launch of its Base-based decentralized application (Dapp) that enables users to mint addresses and deeds on-chain, accompanied by a series of novel features.

American entrepreneur and financial influencer Grant Cardone has listed a massive, luxurious property for sale on Propy’s blockchain-based real estate platform.

A new study shows a surge in interest in crypto among New Zealanders, with nearly half of them looking to crypto to build wealth instead of real estate. The research, conducted by Protocol Theory and Easy Crypto, suggests many Kiwis are turning to crypto due to frustrations with traditional financial systems.

Zac Prince, the former BlockFi CEO, is breaking into real estate tech now that his defunct crypto lending firm is on a safe path to recovery.

London’s most affluent residents are now paying their rental in cryptocurrencies, in most sought after locations in the city.crypto pay

Brock Pierce, a crypto and blockchain OG and founder of Tether and EOS, sat down with Cryptonews Podcast host Matt Zahab to discuss the current bullish situation in the crypto market.

RSRV, a hotel ownership marketplace co-founded by Aspen-based entrepreneur Stephane De Baets, is partnering with the Tezos blockchain to tokenize a part of the equity in St. Regis Aspen Resort.

The I-REF directors refuted Vision’s claims that the board cannot be trusted to lead the strategic review.

CREI is currently running on a 17.53% discount, according to data from the Association of Investment Companies, wider than the 14.8% discount it was at when news of the merger initially broke.

Believe it or not, 2024 may be a popular year for homebuyers. The National Association of Realtors (NAR) recently predicted that home sales will begin to rise next year, with 4.71 million existing homes forecasted to be sold in 2024. According to NAR, this would represent a 13.5 percent increase in home sales compared to 2023.

The boards said a merger would result create a UK-focused triple net lease REIT of scale with a pro forma gross asset value of approximately £6.4bn and market capitalisation of £3.9bn.

The tokenization of real-world assets has been tipped as a major use case of blockchain technology that could drive Web3 adoption. In episode 35 of Cointelegraph’s Hashing It Out podcast, host Elisha Owusu Akyaw interviews Sanjay Raghavan, vice president of Web3 Initiatives at Roofstock onChain, about tokenized real estate on the blockchain and how digital real estate investing interacts with the nonfungible tokens market and the decentralized finance landscape. Raghavan also talks about fractional nonfungible tokens (NFTs), regulations and the risks related to Web3 real estate platforms.

Global private capital fundraising is set to reach just $1.49trn by 2028, from $1.32trn in 2022, a considerable slowdown after receiving a wave of money in the past decade.

While critics wrote off much of the initial hype surrounding the tokenized real-world asset (RWA) market, the sector has been on a tear over the past year or so. In fact, Boston Consulting Group expects the tokenization of global illiquid assets to be a $16 trillion industry by the end of the decade.

On this week’s episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the real estate markets, highlighting stagnant mortgage demand, attributed to rising rates. With an average 30-year fixed-rate mortgage interest rate of 7.27%, refinancing and home purchase applications have dropped significantly.

The U.S. Federal Reserve made a significant announcement on Sept. 14, revealing accumulated losses of $100 billion in 2023. What’s more, this situation is expected to worsen for the Fed, according to Reuters. But for risk assets like Bitcoin (BTC), this may actually be a blessing in disguise. 

The Boston Consulting Group estimates the tokenization of real-world assets could become a $16 trillion industry in the coming years. Its impact, however, goes well beyond financial figures, and can help people in developing countries to find new ways to deal with real-world problems.

When Prime Minister Justin Trudeau and his cabinet went into a huddle at this year’s cabinet retreat in Charlottetown, it was clear that housing was top of mind. When Trudeau emerged from the retreat last week, he told reporters some of the measures Canada most needs.

This article is part of Global News’ Home School series, which gives Canadians the basics they need to know about the housing market that they never learned in school.Saving up for a downpayment and locking down the terms of a mortgage worth hundreds of thousands of dollars generally makes buying a home the biggest financial transactions of many Canadians’ lives.But less publicized are the associated closing costs that crop up before you get the keys.While these fees and taxes can be an afterthought, they can comprise thousands of dollars of extra costs. The good news for first-time buyers is that there are a few ways to get some of that money back.Global News spoke to legal experts in Canadian real estate to get a sense of what funds first-time buyers should be setting aside for closing costs as they near a purchase, and what details often get overlooked in the process of sealing the deal.“For a lot of the folks that we deal with, this is probably the largest transaction that they’re dealing with in their life,” says Dharam Dhillon, a B.C.

The Cayman Islands has long been an idyllic beach getaway for tourists, but the archipelago could soon welcome Bitcoin (BTC) holders as new residents through BTC-backed loans used to invest in real estate.

Brickken CEO and co-founder Edwin Mata shared his views on the future of tokenization, the company's plans and inner workings during Cointelegraph's recent AMA session.