Real estate data analytics company Corelogic Inc said it would buy two units from Decision Insight Information Group for $661 million to expand its property and casualty insurance business. Corelogic said it would buy residential and commercial property valuation services provider Marshall & Swift/Boeckh and property data and analytics information […]
Tag: Real Estate
Morgan Stanley property unit to raise up to $3 billion global fund: WSJ
Morgan Stanley’s (MS.N) real estate unit, Morgan Stanley Real Estate Funds, is looking to raise between $1 billion and $3 billion for a global property fund, the Wall Street Journal reported, citing people familiar with the discussions. Morgan Stanley executives have begun talks with pension funds and other prospective investors, […]
Rising home prices show traction in housing recovery
Home prices rose for the fourth month in a row in May, suggesting the recovery in the housing market continued to gain traction, even as the broader economy wobbles, Reuters reported. Other data on Tuesday showed consumer confidence unexpectedly rose in July but spending fell in June for the first […]