China’s State Buyers Target Distressed Housing

Chinese state-owned enterprises are stepping up purchases of foreclosed residential projects, signalling tentative progress in efforts to stabilise the country’s prolonged property downturn. The acquisitions, often made at substantial discounts, reflect a policy shift aimed at absorbing excess supply in a sector that has

Morgan Properties Succession Reshapes Leadership

Morgan Properties, one of the largest apartment owners in the United States, has formalised a generational transition that reshapes leadership of its multistate real estate portfolio. Founder Mitch Morgan, 71, is stepping down as chief executive and promoting his sons Jonathan and Jason to co-chief executives. The brothers have served as co-presidents since 2024 and

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