Home sales in Puerto Rico fell 4% year-over-year to 10,479 units in 2023, according to the Office of the Commissioner of Financial Institutions. #NewsismyBusiness
The auction will take place at the Aloft San Juan Hotel on March 15. #NewsismyBusiness
The Puerto Rico Industrial Development Company (known as PRIDCO) has an inventory of more than 500 lots and properties currently vacant across the island, this media outlet confirmed. When broken down, the inventory includes 152 vacant properties with a combined capacity of more than 2.4 million square feet, and 378 unused lots spanning a combined […]
A joint venture formed by Taconic Capital Advisors LP and Monarch Alternative Capital LP has announced the formation of the Puerto Rico Industrial Solutions and Management platform in connection with its acquisition of a 2.2 million square-foot portfolio of industrial and logistics warehouse properties in the San Juan metropolitan area. This portfolio of warehouses is […]
The Puerto Rico Fiscal Agency and Financial Advisory Authority (known as AAFAF in Spanish) published a Request for Qualifications (RFQ) that seeks to identify qualified parties to manage properties owned by the Puerto Rico Industrial Development Company. The RFQ is meant to identify one or more qualified parties who manage properties, which include lands and […]
Dozens of entrepreneurs and businesses participated in the Puerto Rico Industrial Development Co.’s real estate open house held to promote the sale and leasing of properties to turn them into productive, job-generating properties.
Property owners have enrolled more than 3,000 properties in the Federal Emergency Management Agency’s program to offer temporary homes and apartments to Puerto Rico survivors affected by Hurricane Irma and María.
Looking to provide economic alternatives and new solutions to Puerto Rico and to attract different markets interested in investing on the island, E&S Group Inc. recently launched the new digital platform EdictosySubastas.com.
Atlanta-based John Dixon & Associates, which recently took on the challenge of selling off a portfolio for a United States-based equity fund, sold $3.6 million in properties in Puerto Rico via auction, the company confirmed Thursday.
Atlanta-based John Dixon & Associates will conduct an auction of more than 40 pieces of real estate including homes, condominiums, multi-family units and other properties in Puerto Rico on Sept. 10, the company announced Monday.
The Puerto Rico Aqueduct and Sewer Authority has identified and will be selling three properties in San Juan, Guaynabo and San Juan worth a combined $2.8 million to inject cash into its coffers, agency Executive Director Alberto Lázaro said Tuesday.
Auction.com, a Ten-X company, announced Thursday the upcoming online auction of more than 100 bank-owned residential properties in Puerto Rico.
Puerto Rico Trade and Export will review the rental rates of its commercial properties in a move to increase occupancy rates and boost rental income, the public corporation's main source of revenue, this media outlet learned.
The Puerto Rico Tourism Co. is kicking off an orientation campaign aimed toward short-term rental property owners who may not be complying with Law 272, which requires collecting a room tax from guests for each night they stay.
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