Trealtor

Billionaire Sells at a Loss as Chicago’s Luxury Homes Struggle Chicago’s luxury real estate market has been in big trouble since 2021. Now, even billionaires are selling their homes at huge losses. Crime in the city is rising; many believe this is part of the problem. Recently, Ken Griffin, a billionaire and CEO of Citadel, … Read more

Activist Investors Push for Big Changes at Macy’s Macy’s is again under pressure from investors to make major changes. Barrington Capital and Thor Equities want the department store chain to cut spending, sell its luxury brands, and rethink how it uses its real estate. This isn’t the first time Macy’s has been targeted by activist … Read more

Elon Musk’s increasing presence in Florida, from Mar-a-Lago dinners to rocket launches, has sparked speculation about whether the billionaire might establish a residence in the Sunshine State. Musk, known for his modest lifestyle despite immense wealth, could find South Florida’s burgeoning tech and investment ecosystem, alongside its high-profile political connections, compelling reasons to set down … Read more

To join the top 1% of earners in the United States, Americans must bring home almost $800,000 annually. However, the income required varies significantly depending on where you live. For example, in Washington, DC, residents must earn a whopping $1.22 million to join the 1%. At the same time, the threshold is much lower in … Read more

Luigi Mangione, a 26-year-old Ivy League graduate, has been charged with the murder of United Healthcare CEO Brian Thompson. This case has shocked many, considering Mangione’s privileged upbringing and promising future. The young man was arrested in Altoona, PA, on December 9, five days after Thompson’s brutal shooting outside a New York City hotel. A … Read more

Sean Hannity, the Fox News host known for his bold takes, is making waves in real estate again. After publicly declaring he was “done” with New York, Hannity has purchased a stunning $23.5 million estate in Manalapan, Florida, as part of his ever-growing portfolio. The Lavish New Property Hannity’s new home, located in the upscale … Read more

The commercial real estate market in the U.S. is showing signs of recovery, with some calling 2025 the best opportunity to invest in 15 years. Investors have started pouring money back into the market, partly thanks to significant deals like the $3.5 billion refinancing of Rockefeller Center in New York City this past October. This … Read more

A man from Orange County, Brett Barber, is heading to prison for 15 years after he admitted to tricking people into investing in a fake house-flipping business. His scam brought in over $17 million from investors, including retirement savings from older adults. Barber, 45, pleaded guilty in October 2023 to wire fraud and breaking a … Read more