The building is being stressed beyond what was originally intended.
There’s no sidewalk shed that can fully protect you from chunks of concrete popping off a 1,400-foot-tall structure.
https://nypost.com/2025/10/20/us-news/432-park-ave-could-rain-chunks-of-concrete-if-nyc-supertalls-cracks-not-fixed/
Eric Trump, co-founder of World Liberty Financial (WLFI) and son of U.S. President Donald Trump, has revealed plans to bring blockchain innovation into real estate by tokenizing a new building project currently under development. This initiative marks one of the first major steps in merging the Trump family’s property ventures with decentralized finance (DeFi).
## Trump’s Vision for Blockchain-Backed Real Estate
In an interview set to air next week, Eric Trump explained that the project aims to allow public ownership of individual properties by issuing digital tokens through WLFI’s blockchain network. This model will let investors purchase fractional stakes in real estate, lowering barriers to entry and expanding access to global participants.
“We’re currently implementing this model for a specific building I’m developing, and I think the results will be incredible,” Trump said.
He added that tokenization not only democratizes property ownership but also replaces the need for traditional financing from institutions like Deutsche Bank, enabling direct engagement with the public.
Trump noted that the concept would resonate strongly with his family’s global supporter base: “If I decide to build a hotel in Washington, Dubai, or New York, why not let the people who believe in our vision invest directly?”
## A Shift in the Trump Real Estate Model
The announcement comes shortly after WLFI co-founder Zach Witkoff hinted at broader plans to migrate parts of the Trump Organization’s real estate portfolio onto blockchain during the Token2049 conference in Singapore earlier this month.
This strategy aligns with a growing movement among financial institutions and asset managers embracing tokenization—the process of converting traditional assets such as real estate, bonds, or equity into blockchain-based tokens.
Proponents argue that tokenization can unlock liquidity, streamline transactions, and attract new classes of investors through digital markets.
## How the Project Will Work
Under Trump’s proposed structure, investors will be able to purchase fractional ownership in the new property starting from $1,000. Investors will gain access to both financial returns and real-world perks such as hotel privileges and exclusive access benefits.
The system will operate within the World Liberty Financial ecosystem, using its USD1 stablecoin for transactions and settlements.
Founded in 2024, WLFI aims to blend traditional finance with decentralized infrastructure, offering blockchain-based savings, loans, and tokenized investment products.
While full technical details are still under wraps, Trump said the building tokenization initiative is intended to serve as a proof of concept for larger real estate ventures within the WLFI network.
## A Step Toward Decentralized Property Investment
If successful, the project could signal a major transformation in real estate investment, demonstrating how blockchain can make high-value assets accessible to retail investors worldwide.
Tokenized property markets have gained momentum globally, with several European and Middle Eastern developers already experimenting with blockchain-backed real estate sales.
However, the Trump-backed model would be among the first large-scale U.S. implementations directly tied to a DeFi ecosystem.
As Trump summarized, “This isn’t just about technology—it’s about freedom. Real estate shouldn’t be limited to billionaires and banks. It should be something anyone can participate in.”
—
### Disclaimer
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
—
### About the Author
Alex is a reporter at Coindoo and an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets.
His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. Alex’s approach allows him to break down complex ideas into accessible and in-depth content.
Follow his publications to stay up to date with the most important trends and topics.
https://coindoo.com/eric-trump-to-bring-trump-real-estate-to-blockchain-through-wlfi/
Leaf Filter 3.22 x 2
Leaf Filter 3.875 x 2
Generac Generators 3.22 x 2
Generac Generators 3.875 x 2
Bath Concepts 3.22 x 2
Bath Concepts 3.875 x 2
Moving Life 3.22 x 2
Moving Life 3.875 x 2
Liz Buys Houses 3.22 x 2
Liz Buys Houses 3.875 x 2
Heritage for the Blind 3.22 x 2
Heritage for the Blind 3.875 x 2
Veteran Car Donations 3.22 x 2
Veteran Car Donations 3.875 x 2
http://orenews.lvapp.net/2×2-2025-october-20
—
title: 米ファンドに優先交渉権 サッポロ不動産売却へ
date: 2025-10-15 00:45
categories: 社会 経済
—
サッポロホールディングス（HD）が不動産事業の売却を巡り、米投資ファンドのコールバーグ・クラビス・ロバーツ（KKR）などの企業連合に優先交渉権を与えたことが、15日に分かりました。
売却額は約4千億～5千億円と見込まれています。
本記事は有料会員限定の内容です。続きをご覧いただくには、7日間の無料トライアル（1日37円から）、または年払いプランのご利用をおすすめします。
【関連記事・サービス】
– 有料会員限定クリップ機能について
– 西日本新聞meとは？
（※本文の一部は有料会員限定のため、掲載しておりません。）
https://www.nishinippon.co.jp/item/1411343/
Megawide Construction Corp. has moved closer to raising nearly P3 billion from its upcoming preferred share offer after securing regulatory approval.
This development will enable the firm to strengthen its financial position as it expands its real estate unit.
In a statement released over the weekend, the Securities and Exchange Commission (SEC) announced that the commission en banc has given its approval for the offer.
https://business.inquirer.net/552315/sec-oks-megawides-p-3-b-share-offer
MANILA, Philippines – The appraiser of the assets of Villar Land Holdings Corp. has been ordered to explain its trillion-peso valuation of the listed firm’s properties as the Securities and Exchange Commission (SEC) deepens its investigation.
The Office of the General Accountant at the SEC issued a show cause order against E-Value Phils Inc. regarding the valuation figures.
https://business.inquirer.net/551323/villar-land-valuer-told-to-explain-trillion-peso-tag
Question: My friend booked a flat in Kandivali on March 15, 2025, by paying Rs 17 lakh, which is 10% of the total flat cost. The builder issued only an allotment letter mentioning the flat number, total area, cost, and possession date. In May, my friend received a transfer order and had to cancel the booking on May 28, 2025. He requested the builder to refund the amount paid, but the builder claimed that, as per the terms in the allotment letter, the entire 10% amount would be forfeited. Can the builder legally do this under RERA? What are the rights of homebuyers in such cases, and what is the maximum deduction allowed? – Rajendra Rane, Borivali (West)
Answer:
Under the Real Estate (Regulation and Development) Act, 2016 (RERA), homebuyers enjoy specific protections regarding the cancellation and refund of property bookings.
MahaRERA has issued a model allotment letter that all builders must use when accepting booking amounts, with the booking amount capped at 10% of the total flat cost.
Further, as per MahaRERA’s official orders dated August 12, 2022, and September 3, 2024, if a homebuyer cancels a booking, the builder can forfeit only a maximum of 2% of the total flat cost.
In your friend’s case, since the cancellation was made after 60 days, the builder can legally deduct only 2% of the flat’s cost and must refund the remaining amount.
Therefore, the clause in the allotment letter allowing forfeiture of the entire 10% booking amount is contrary to MahaRERA’s orders and is unenforceable.
Unfortunately, many builders still include such arbitrary forfeiture clauses in allotment letters, ignoring MahaRERA’s clear directives.
In this case, the complainant paid Rs 6.07 lakh as a booking amount for a Rs 1.16 crore flat. After cancelling the booking within three months, Raymond Realty insisted on forfeiting 10%, citing its allotment letter.
MahaRERA held the 10% forfeiture clause to be arbitrary and directed the builder to deduct only 2% and refund the balance to the homebuyer.
These rules protect homebuyers from unfair forfeiture clauses and ensure fairness and accountability in property transactions.
Homebuyers often have genuine reasons to cancel bookings, but builders have long exploited such situations by imposing harsh forfeiture terms. MahaRERA’s regulations now safeguard consumer rights in these matters.
Advocate Shirish V Deshpande is chairman of Mumbai Grahak Panchayat. Queries can be sent to him at shirish50@yahoo.com.
For exclusive and budget-friendly property deals in Mumbai and surrounding regions, visit: https://budgetproperties.in/
**Can the Builder Forfeit 10% Booking Amount on Flat Cancellation? What Are Homebuyers’ Rights Under RERA?**
*By Advocate Shirish V Deshpande, Chairman, Mumbai Grahak Panchayat*
—
**Question:**
My friend booked a flat in Kandivali on March 15, 2025, by paying Rs 17 lakh, which is 10% of the total flat cost. The builder issued only an allotment letter mentioning details such as the flat number, total area, cost, and possession date.
In May, my friend received a transfer order and had to cancel the booking on May 28, 2025. He requested the builder to refund the amount paid, but the builder claimed that, as per the terms in the allotment letter, the entire 10% amount would be forfeited.
Can the builder legally do this under RERA? What are the rights of homebuyers in such cases, and what is the maximum deduction allowed?
— Rajendra Rane, Borivali (West)
—
**Answer:**
Under the Real Estate (Regulation and Development) Act, 2016 (RERA), homebuyers enjoy clearly defined rights regarding the cancellation and refund of property bookings.
MahaRERA has issued a **model allotment letter** that every builder must use when accepting the booking amount, which cannot exceed 10% of the total flat cost.
**What does MahaRERA say about cancellation and refund?**
According to MahaRERA’s orders dated August 12, 2022, and September 3, 2024:
– If a homebuyer cancels a booking, the builder can **forfeit a maximum of 2% of the total flat cost**.
– Refund deductions are capped depending on the cancellation timeline:
– **Within 15 days of booking:** Full refund, no deduction.
– **Between 16 and 30 days:** Deduction up to 1% of total flat cost.
– **Between 31 and 60 days:** Deduction up to 1.5%.
– **Beyond 60 days:** Deduction up to 2% only.
In your friend’s case, since the cancellation was made **after 60 days**, the builder can deduct only **2% of the flat’s cost** and must refund the remaining amount.
The clause in the allotment letter allowing forfeiture of the entire 10% amount is contrary to MahaRERA’s orders and is therefore **unenforceable**.
—
### Important Precedent: Preeti Dwivedi v/s Raymond Realty
In a similar case, the complainant had paid Rs 6.07 lakh as booking amount for a Rs 1.16 crore flat. After cancelling within three months, Raymond Realty insisted on forfeiting 10%, citing the allotment letter.
MahaRERA held the clause arbitrary and directed the builder to deduct only 2% and refund the balance to the homebuyer.
—
### Additional Buyer Protection under MahaRERA
– Builders **must refund the balance amount within 45 days** of cancellation.
– Failure to refund on time makes the builder liable to pay **penal interest at MCLR + 2% per annum** on the refund amount.
—
### What This Means for Homebuyers
Homebuyers often have genuine reasons to cancel bookings. Unfortunately, some builders impose unfair forfeiture clauses to exploit these situations. MahaRERA’s rules now protect homebuyers from such unfair practices, ensuring greater fairness and accountability in property transactions.
If you face similar issues, it is advisable to:
– Check whether the booking amount exceeds 10% of the total cost (which it should not).
– Verify whether the refund deductions comply with MahaRERA guidelines.
– Approach MahaRERA for dispute resolution in case of non-compliance.
—
*For further legal queries, you can write to Advocate Shirish V Deshpande at shirish50@yahoo.com.*
—
**Looking for budget-friendly property deals in Mumbai and surrounding areas?**
Visit [https://budgetproperties.in/](https://budgetproperties.in/) for exclusive listings and offers.
—
*Disclaimer: This content is for informational purposes only and does not constitute legal advice.*
https://www.freepressjournal.in/mumbai/consumer-connect-builder-cannot-forfeit-more-than-2-on-flat-booking-cancellation-says-expert
Dear Vanessa,
My husband and I are both 58, still working, and still paying off our mortgage. Our two adult children, in their early 20s, still live at home with us. Between the mortgage, bills, and supporting them, money is tight, and retirement feels like a long way off.
My mum, who is 80, recently told my kids before she even told me that she plans to leave her house directly to them when she passes, not to me. She says it’s so expensive for young people to buy property and she wants to give them a leg up.
I love that her intention is to help them, but it really hurt to be left out of the conversation. My husband keeps saying I should tell her that we need the money too, but I don’t want to make her feel guilty or worry about me. I just wish she had asked what I thought before making promises.
Now that the kids know about it, they’re almost waiting for that inheritance. It’s changed the way they talk about money, and I worry it’s made them less motivated to work harder for themselves, thinking that a big windfall is on the way.
Am I wrong to feel upset?
— Gwen
—
Dear Gwen,
You are not wrong at all. What you’re feeling is completely natural.
Wills are never just about money; they’re about being recognised, included, and respected. Your mum’s decision may have come from love and generosity, but telling your kids before talking to you has created a big emotional gap.
It’s wonderful that she wants to help your children in a tough housing market. But what she may not see is that you and your husband are still carrying heavy financial responsibilities, and her approach has created a problem for the next generation. By promising them her house now, she’s given them a sense of certainty that can easily take away the hunger to build their own future.
That’s why this situation needs both honesty and planning.
First, I’d encourage you to have a calm, open conversation with your mum—not about demanding her money, but about how her choice makes you and your husband feel, and the effect it’s already having on your kids. Let her know you love her intention but wish you had been consulted first.
Second, this is a moment where a financial planner could really help—not just for you, but for your mum too. They can show her options that might help the grandchildren without undermining their motivation or causing you and your husband to feel excluded. They can also suggest practical ways to structure an inheritance so it doesn’t create more problems than it solves.
If you’d like to explore this, you can use my free link to find an adviser.
This isn’t just about who gets what; it’s about family relationships and preparing the next generation to stand on their own feet. Your feelings are valid, and by raising this gently now, you give everyone a better chance of keeping both the love and the money intact.
All the best,
Vanessa
https://www.dailymail.co.uk/news/article-15163089/FLOURISHING-50-Mum-promised-kids-house-left-out.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to their lowest level in nearly a year.
The average long-term mortgage rate rose this week to 6.34% from 6.3% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.12%.
Mortgage rates are influenced by several factors, including the Federal Reserve’s interest rate policy decisions and bond market investors’ expectations for the economy and inflation. They generally follow the trajectory of the 10-year Treasury yield, which lenders use as a guide to pricing home loans.
The 10-year yield was at 4.10% at midday Thursday, down from 4.19% the same time last week. Much of that decline has come in the past few days, driven by discouraging reports on the U.S. economy, particularly the job market.
In late July, mortgage rates started declining in the lead-up to the Federal Reserve’s widely anticipated decision last month to cut its main interest rate for the first time in a year amid growing concern over the U.S. job market. However, Fed Chair Jerome Powell has since signaled a cautious approach to future interest rate cuts.
That’s in sharp contrast with other members of the Fed’s rate-setting committee, particularly those appointed by former President Donald Trump, who are pushing for faster cuts.
The housing market has been in a slump since 2022, when mortgage rates began climbing from historic lows. Sales of previously occupied U.S. homes sank last year to their lowest level in nearly 30 years. So far this year, sales are running below where they were at this time in 2024.
The second straight bump in rates could signal a repeat of what happened last year after the Fed cut its benchmark rate for the first time in more than four years. Back then, mortgage rates fell for several weeks prior to the Fed’s September rate cut. In the following weeks, however, mortgage rates began rising again, eventually reaching just above 7% in mid-January this year.
Like last year, the Fed’s rate cut doesn’t necessarily mean mortgage rates will keep declining, even as the central bank signals more cuts ahead.
Still, the late-summer decline in mortgage rates has already encouraged many homeowners who bought in recent years after rates climbed well above 6% to refinance to a lower rate. Mortgage rates will have to sink below 6% to make refinancing an attractive option to a broader swath of homeowners, however. That’s because about 81% of U.S. homes have a mortgage with a rate of 6% or lower, according to Realtor.com.
Economists generally forecast the average rate on a 30-year mortgage to remain near the mid-6% range this year.
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also inched up this week. The average rate rose to 5.55% from 5.49% the previous week. A year ago, it was 5.25%, Freddie Mac said.
https://fox5sandiego.com/news/business/ap-business/ap-average-long-term-us-mortgage-rate-ticks-up-for-second-straight-week-to-6-34/
