The government of Puerto Rico has sold a commercial lot, known as the “former Sears property” in Hato Rey — held in the defunct Government Development Bank’s portfolio — for $11.6 million.
Hurricane María severely affected the Puerto Rico real estate market, where home prices dropped to an eight-year low, a scenario that is drawing a growing interest from stateside buyers looking for property bargains, according to a study. Point2 Homes, a real estate website for U.S. mainland residents and Canadians looking to buy property on the […]
Grupo Ferré Rangel, a Puerto Rico-based family office known for its focus on high-growth companies, has launched a new wholly owned subsidiary, Kingbird Properties, to expand its real estate portfolio in the U.S. and Latin America, the company announced.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
