USA Property

Prominent Nigerian politicians accused of raiding government coffers in their country have family and corporate links to properties worth millions of dollars in the Carolinas, including a tract in Spartanburg with a $118,282 bill for back taxes and fees, according to records obtained by The Post and Courier’s Uncovered project and an international consortium of journalists.The findings highlight how powerful people from across the world, including some with checkered pasts, sink money into unexpected corners of the United States, including South Carolina. They also come at a pivotal time in the United...

Prominent Nigerian politicians accused of raiding government coffers in their country have family and corporate links to properties worth millions of dollars in the Carolinas, including a tract in Spartanburg with a $118,282 bill for back taxes and fees, according to records obtained by The Post and Courier’s Uncovered project and an international consortium of journalists.The findings highlight how powerful people from across the world, including some with checkered pasts, sink money into unexpected corners of the United States, including South Carolina. They also come at a pivotal time in the United...

The EB-5 Immigrant Investor Programme is a US visa programme meant for foreign investors to obtain a Green Card by making a qualifying investment in the United States.Established in 1990, the programme aims to upgrade the US economy by attracting foreign capital as well as creating jobs for American workers.To qualify, investors must invest either $800,000 in a Targeted Employment Area (TEA) or $1.05 million in a non-TEA and create at least 10 full-time jobs for US workers.In recent years, Indian investors have increasingly turned to the EB-5 programme, recognising...

BLACKSTONE secured about US$8 billion in capital commitments for a new real estate debt fund, the latest effort to seize on dislocations in the property market.Blackstone Real Estate Debt Strategies V can invest around the world with strategies including lending, liquid securities and structured solutions, according to a statement on Friday (Mar 7). The US commercial property market was walloped after the pandemic by the rise in remote work and high interest rates. With banks pulling back from the market, there’s been a financing gap that’s left owners struggling to refinance...

Looking for a one-of-a-kind Cape house? A church dating back nearly 200 years on Cape Cod, Massachusetts has been repurposed as a home, and it's now for sale.The 3,400-square-foot, three-bedroom home in the town of Yarmouth Port was recently listed for sale for $1,990,000, according to the property listing.The home is unique enough to be recently featured on popular Instagram account "Zillow Gone Wild.""I know it (isn't) SUNDAY but this #zgwCHURCHSUNDAYS couldn’t wait because this Yarmouth Port, MA goth revival church built in 1836 has one of "New England’s oldest working organs”...

'Just getting started': Trump speech on DOGE, budget and borderPresident Donald Trump used his remarks before a joint session of Congress to spell out his vision for the next four years.One building in Nebraska is listed among the hundreds of "underutilized" federal properties that could be sold by President Donald Trump’s administration.In a statement released Tuesday, the U.S. General Services Administration announced that it would consider selling more than 440 federal properties, which it calls "non-core assets," saying many are "functionally obsolete and unsuitable for use by our federal workforce."A list of the...

Sky-high property taxes in large metros like New York City, Philadelphia, and Chicago are driving retirees out and fueling an internal migration to places where owning a home won’t land you in the poorhouse, a new analysis has found. John Burns Real Estate Consulting has shared a map on LinkedIn showing which U.S. regions have the highest and lowest median property tax rates, based on the most recently available data from the U.S. Census Bureau’s American Community Survey. The dark red areas on the map show cities and counties with property taxes that amount to over...

One top GOP lawmaker said, 'I think we should caution our members as to the outcomes' if Florida axes property taxes.How well will the Florida Legislature work with Gov. Ron DeSantis?FLORIDA TODAY's John Torres discusses the 2025 legislative session with reporters James Call and John Kennedy in this excerpt fro the Florida Pulse.Florida Republicans are considering phasing out property taxes, a move championed by Gov. Ron DeSantis.The proposal faces a significant hurdle: Replacing the $50 billion in revenue property taxes generate for essential services like schools and law enforcement.Critics argue...

The FBI, in coordination with interagency partners led by former Florida Attorney General Pam Bondi, has arrested two active-duty US Army soldiers and one former soldier on charges of theft of government property and involvement in a bribery scheme.Kash Patel, in a post on X, confirmed the arrests and said, " I can now report that today the FBI, along with our interagency partners led by Attorney General Pam Bondi, arrested two active-duty US Army soldiers and one former US Army soldier for theft of government property and a bribery...

Paul Gregory, Chief Underwriting Officer (CUO) of re/insurance company Lancashire Holdings Limited, expects there to be less property catastrophe reinsurance rate softening than initially anticipated for the remainder of 2025, following the impacts of the costly January wildfires in Southern California. Industry losses for the January 2025 Los Angeles wildfires are coalescing around the $40 billion mark, although some have suggested the total loss could be as high as $50 billion, while economic losses are expected to exceed $250 billion by some margin. For Lancashire, the fires are expected to...