Spending a lot more time at home last year led many Americans to decide it’s time to move. You might be seeking more space, relocating to a new area, or simply want to take advantage of a great opportunity (and even greater mortgage rates). If you’re one of the millions looking to move to a
Real Estate
Vail, Colorado. getty The sun darts in and out from behind the clouds. Snow crunches underfoot. White ribbons of ski runs decorate the pine-dotted mountain range in the distance. This is Vail Valley in the winter. Long known for its skiing and snowboarding trails, the year-round resort area is a trendy second-home and getaway destination
Ken Ashley’s a Cushman & Wakefield tenant rep practicing globally for over 25 years. He lives in ATL and thinks about real estate. A lot. getty I work as an office tenant representative broker. Yes, I make my living when people lease office space. Lately, people have had sympathy in their voices as they delicately ask,
Rod Khleif Real Estate Investor, Mentor, Coach, Host, Lifetime Cash Flow Through Real Estate Podcast. getty One of the major benefits of commercial multifamily investment is that, under IRS rules, property owners and investors are entitled to “depreciate” the value of their asset each year, which reduces the property’s taxable income and the associated tax liability.
Morgan Browne is the President and Co-Founder of Oakwyn Realty, one of Vancouver’s fastest-growing brokerage firms. getty The real estate business is widely known as one of the most competitive sales environments of all major industries. Media always shows the ruthless side of this industry, showcasing agents competing for clients, listings and sales. Shows like Million
Amazon intends to invest in affordable housing over the next five years in three regions where it is … [+] a major employer. Amazon/Joel Flora Amazon said Wednesday that it is launching a $2 billion housing equity fund to preserve and create over 20,000 affordable housing units in Washington state’s Puget Sound region; Arlington, Virginia;
Andy Hochberg is the CEO and Managing Principal of Next Realty, a Chicago-based real estate investment and management firm. getty Commercial real estate investors often employ a strategy to lower asset risk by leasing all or a significant portion of space to a strong credit tenant. Typically, that strategy contributes to predictable cash flow and enhanced
Keith Hoogland, owner of Family Video, pictured in 2017. Jamie Kripke for Forbes And in the end, there were none. Family Video, a video rental company that outlived Blockbuster by a decade, announced this week that it will close its several hundred locations after 42 years in business. The news marks the end, at long
EL PASO, TEXAS – NOVEMBER 16: A ‘Stay Home’ sign is taped to a driver’s vehicle as she passes … [+] Christmas lights during a car caravan of nurses calling for people to remain home amid a surge of COVID-19 cases in El Paso on November 16, 2020 in El Paso, Texas. Texas surpassed 20,000
One way or another, the modern house of Hadid is coming down. In Bel-Air, the unfinished mega-mansion of luxury real estate developer Mohamed Hadid is hitting the market as a development opportunity for $8.5 million. The structure at 901 Strada Vecchia Road has been a source of contention for several years after it was revealed
Homes in Memphis, Tennessee. Getty Images Home prices are rising across the nation, but the Covid pandemic is turning the usual geographical trends on their heads. Home values have historically risen most sharply in large cities on the coasts, where supply is leaner and demand is stronger. That is no longer the case. Smaller metropolitan
People walk through the Brookfield Place Pavilion at the World Trade Center West Concourse pedestrian transit connection in New York City. Getty Images Brookfield Asset Management said Monday it has made an offer to take its commercial real estate arm Brookfield Property Partners private in a $5.9 billion deal. The Canadian asset-management firm is offering
Customers viewing electric vehicles at a Xpeng Motors store on Oct. 6, 2020 in Beijing, China. Visual China Group | Getty Images BEIJING — Chinese electric carmakers are splashing out on prime retail space and taking up storefronts at shopping malls — a new trend that offers relief for China’s commercial property developers who are
Republican Sens. Kelly Loeffler and David Perdue, facing tight runoff elections Tuesday in Georgia, have received a late surge of donations from the real estate and financial industries. Their Democratic challengers, Raphael Warnock and Jon Ossoff, respectively, have otherwise enjoyed a fundraising edge in the races, which will determine whether Democrats or the GOP will
Snowflake CEO Frank Slootman told CNBC on Tuesday he believes the coronavirus pandemic has fundamentally altered the role that physical offices will play for corporations going forward. “This whole notion that the office is your workday home, we realize that is nonsense,” Slootman said on “Squawk Alley.” “Offices … need to be there for specific
Mall of America in Bloomington, Minnesota. Ariana Lindquist | Bloomberg | Getty Images The Mall of America has modified the terms of its $1.4 billion mortgage and is current on the loan, after missing months of payments during the Covid crisis as stores shut temporarily and tenants failed to pay rent. Triple Five Group, the
Homebuilding stocks could be losing steam. Though the group outperformed in 2020, with the SPDR S&P Homebuilders ETF (XHB) and the iShares U.S. Home Construction ETF (ITB) both beating the S&P 500 by about 10 percentage points, pure-play homebuilding stocks are faltering, JC O’Hara, chief market technician at MKM Partners, told CNBC’s “Trading Nation” on
An ‘Open House’ sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images The stunning surge in home buying, brought on by the coronavirus pandemic, may finally be easing up. Mortgage rates are hovering near record lows, but buyers are experiencing sticker shock
It is a shameful irony that at a time when staying home has been so essential to protecting our health and our communities, an alarming number of families are in danger of eviction. Housing is much more than a place to live. It is a foundation for success in life. We know that children do
Jon Ossoff and David Perdue, candidates for Senate from Georgia. Reuters; Getty Images If Democrats achieve a majority in the Senate, a number of relief measures targeted at renters struggling amid the pandemic – including a right to counsel for those facing eviction and a larger pot of money for back rent – will have
Co-Founder and Managing Partner of Disrupt Equity. Learn more about investment opportunities by visiting our website. getty A multifamily syndication is an alliance in which multiple individuals pool together their equity and resources to purchase a multifamily asset. Traditionally, multifamily syndications have two parties: the multifamily syndicator (GP) and passive investors (LPs). A multifamily syndicator may also
From choice interpretations of red carpet gowns to a new sustainable clothing line, Allen Schwartz and his ABS label have for years left an indelible mark on the fashion world. Now, the designer is ready to leave his mark on the Los Angeles housing market, where his longtime home in Brentwood is for sale at
Megan Micco is CEO of Megan Micco, Inc. and a top producing home strategist and success architect in the San Francisco Bay Area. getty While the U.S. economy is experiencing turmoil in many segments due to the global coronavirus pandemic, real estate has remained relatively unscathed. Historically low mortgage interest rates have led to increased demand for
This 14th-century chateau in France’s southwest region comes with a built-in security system that was state-of-the-art for the Middle Ages. Parapets along one wall provide a defensive position for shooting arrows at invaders, windows high above ground level stymie easy access by ladder and the structure’s courtyard is entered through an arched gate, where statues
When a leased building burns down, the tenant’s lender may try to take the insurance proceeds and … [+] run. RANJAN SAMARAKONE Over the life of any lease, the property owner may obtain mortgage financing, or even sell its position, several times. If the lease is a ground lease, the tenant will probably also do
Blokable at Phoenix Rising in Auburn, Wash. NOAH@NOAHFORBES.COM We tend to treasure a gift most when it comes in a little package. Take Blokable at Phoenix Rising, the project name given to a new, tiny Seattle-area apartment complex, for instance. Soon home to 12 households whose residents may take home less than a third of
Harwood Court in Scarsdale, Westchester County, New York. In Scarsdale, the median household income … [+] runs in excess of $250,000 and the mean household income is $462,556. getty The demographics of the United States are always changing. And as demographics change, so do patterns of wealth. Regions that were once home to the richest
There’s higher ground and then there’s higher ground. A Beverly Hills residence where singer-songwriter Stevie Wonder lived has sold for $10.525 million. The single-story home in Beverly Hills’ Trousdale neighborhood was leased by Stevie Wonder from … [+] 2011-2015. Hilton & Hyland The soul and gospel icon leased the single-story home on Clinton Place from
Eric is a real estate investor and founder of MartelTurnkey. MartelTurnkey sells rental properties to investors looking for passive income. getty When putting together an investment strategy, real estate investors often debate whether it’s more beneficial to focus on cash flow or appreciation. Obviously, the goal of investing is to make money, but how you make
CEO/Founder of Smart Property Systems, Jack of all Trades in charge of delivering a best in class solution to customers. getty I was on the phone one day with a property manager from Chicago. He called to talk about some problems he was having with getting his tenants to pay rent. I asked him what the