The embattled Chinese property giant is said to have avoided default by meeting a deadline to pay interest on small loans. But it must repay billions within the next year.
Tag: Real Estate and Housing (Residential)
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The Ground-Floor Window Into What’s Ailing Downtowns
City centers may have to be reimagined to solve the problem of vacant storefronts.
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In Detroit, a Tiny Home Generates a Big Controversy
A program that rents homes to low-income residents, and helps them build equity as homeowners, was rocked when one of the initial participants was evicted.
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China’s Biggest Homebuilder Fights to Survive as Economic Crisis Deepens
Once considered a survivor of China’s real estate turmoil, Country Garden is now at the center of the crisis and threatens the broader economy.
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What to Know About the Deadly Johannesburg Fire
The blaze, one of the worst residential ones in South Africa’s history, occurred in a building that officials and locals say had become an overcrowded death trap for the hundreds who lived there.