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The Louisiana Purchase was one of the largest land deals in history. In 1803, the United States paid approximately $15 million dollars for over 800,000 square miles of land. This land deal was arguably the greatest achievement of Thomas Jefferson's presidency.

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Q: What is the largest real estate deal in history?
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What was the largest real estate deal in US history?

$5.3 billion was the largest real estate transaction ever completed in United States. The transaction involved a building in New York City that was originally built by the Met life insurance company in the 1940s. Located on the lower East side, and comprised of one hundred and ten 14 story buildings, the units were long utilized as stabilized rentals for New York's blue-collar workers.


How much does a real estate investors make?

Real estate investors are paid per deal, and depend upon the cost of the transaction. The average salary for commercial real estate is $50,000 above.


Who is the largest holder of real estate in the world?

mcdonald's


Who pays for the real estate agent?

Some real estate agents are paid through commission. While some have a fixed salary that they get whenever they sell or not, with commission as well whenever they are able to close a deal. The subject of salary for real estate agents actually depend on the system that they are into. Are they independent agents? Are they working under a brokerage? A real estate company? Etc.


What is the most speculative real estate investment?

Most investors will say that investing raw land is the most speculative type of real estate. It has the lease income potential in its present state and may require permission to convert to a more productive use. Any real estate deal can be speculative depending on the specifics of the deal. When an investor is making a guess as to the future direction of prices, interest rates or demand for real estate that can be highly speculative or it can be a rather conservative guess. Most development involves taking a view on the future but not all developments are speculative.

Related questions

In 1803 what was the single biggest real estate deal in history brought by Thomas Jefferson?

Louisiana Purchase was the single biggest real estate in history


How are property lawyers different than real estate lawyers?

"Property lawyers deal with personal property, whereas real estate lawyers deal with real estate."


What are the release dates for A Real Estate Deal - 1912?

A Real Estate Deal - 1912 was released on: USA: 28 October 1912


Where is the real estate company 'The Real Deal ' located?

The real estate company "The Real Deal" is located at 158 West 29th Street, New York, NY 10001. The Real Deal is a must-read news source for real estate new in the New York-metro area.


What websites deal exclusively with real estate?

There are a number of websites that deal exclusively with real estate. The one I visit most frequently is operated by the windermere real estate corporation. I find it to be the easiest to navigate.


What actors and actresses appeared in A Real Estate Deal - 1912?

The cast of A Real Estate Deal - 1912 includes: Edward Dillon as Second Real Estate Clerk Dell Henderson as First Real Estate Clerk Charles Murray as Fisherman Client


Which real estate companies deal with Princeton homes for sale?

Some real estate companies that deal with Princeton homes for sale are Weichert, Coldwell Banker Moves, Realtor, and Real Estate NJ. You can find listings for them in Trulia.


What kind of business does Long and Foster operate in Maryland?

Long & Foster is a real estate company. It is considered the largest real estate company in the mid-Atlantic and largest privately owned real estate business in the nation.


Do you have to pass a real estate test in Virginia to sale realestate in Virginia?

If you want to deal with real estate business you must have real estate license. In order to get real estate license you need to pass a real estate exam in Virginia. You need to complete minimum 60 hours in the principles of real estate. You must have to pass the state & national portions of the real estate exams. You need to know all the fundamentals & real estate laws. After getting you real estate license you can join any commercial real estate firm or property management company to deal with commercial real estate property or residential real estate property. All the Best. www.flaglerdev.com


What are the release dates for The Real Deal - 2007 Trading Real Estate for Restaurants 2-4?

The Real Deal - 2007 Trading Real Estate for Restaurants 2-4 was released on: USA: 21 July 2009


Who are the largest Real Estate Brokers in NC?

There are a few websites which will help you find the largest real estate brokers in North Carolina. Two of these sites are www.realtor.com and www.realtor.org.


What real estate rental service companies deal with Spanish villa rentals?

The real estate rental services that deal with Spanish villa rentals are located in Spain, since many real estate companies are based on location instead of property type.