The Real Deal - New York Real Estate News

Muddy Waters mojo may get his Chicago home landmarked

Posted: 29 May 2021 11:00 AM PDT

Preservationists are pushing to landmark a Chicago home legend blues singer Muddy Waters bought in the 1950s, near the height of his fame. The group includes city officials and a Waters descendent who owns the North Kenwood home that has fallen into disrepair, according to Crain’s. Local Alderman Sofia King plans to host a virtual community meeting on the proposal in early June, in hopes of getting the proposal to the City Council sometime this

Germany’s 2 largest resi landlords set to merge

Posted: 29 May 2021 09:00 AM PDT

Germany’s two largest residential property groups, under public pressure to limit rent hikes, are set to merge in a $22 billion deal. Vonovia and Deutsche Wohnen have agreed to the compact, which would value their real estate holdings at a combined $110 billion, according to MarketWatch. Vonovia would buy Deutsche Wohnen’s shares at 53.03 euros a share. That would be an 18 percent premium on Deutsche Wohnen’s Friday stock price. The price closed Monday at

Ye olde 900-acre English estate politely asks $25M

Posted: 29 May 2021 06:00 AM PDT

One of England’s most historic estates, which has been in the same family for 400 years, is hitting the market. The 904-acre Newhouse Estate is asking about $25 million, according to Mansion Global. English country estates have seen a surge in interest from potential buyers during the pandemic, in part because travel restrictions meant wealthy individuals couldn’t venture beyond their borders. Newhouse Estate sits within New Forest National Park and is centered on a Jacobean