In this article REIT-AE A major Dubai property investment fund is in the spotlight after its lenders blocked a debt restructuring plan and raised “serious concerns” about its transparency and governance. Dubai-based Emirates REIT was forced to withdraw a restructuring proposal for its $400 million dollar Islamic bond after a rare campaign of investor activism
Real Estate
Old homes are a snapshot into history. Unique features like crown molding, wainscoting, arched doorways and stained glass windows make a statement that’s difficult to replicate with newer construction. If you’re looking to put down roots in a vintage home, consider that historic charm can outweigh the most tempting of today’s amenities. Some buyers seek
It would be hard to ignore the buzz around housing right now. Homes are selling in the blink of an eye, buyers continue to enjoy historic low mortgage rates and real estate professionals are soaking up opportunities missed from last year’s spring selling season. For many, a career in real estate has never been more
In this article CRM Marc Benioff, chairman and chief executive officer of Salesforce.com speaks during the grand opening ceremonies for the Salesforce Tower in San Francisco on May 22, 2018. David Paul Morris | Bloomberg | Getty Images Salesforce CEO Marc Benioff said on Monday that he expects half or more of his company’s employees
The pandemic-era work-from-home movement did more than spark an interest in home offices and homework nooks. It spawned increased offerings of kid-friendly amenities at luxury residential properties across the country. Safe havens for kids to explore when outside their own homes, these amenities are helping keep young ones engaged while parents log eight hours’ worth
Tampa is taking on a steep agenda aimed at better preparing it for the impacts of climate risks and improving long-standing economic and social inequities. The groundbreaking Resilient Tampa roadmap introduces 58 bold initiatives to tackle the known and unknown of the 21st century. As in cities across the globe, the Covid-19 pandemic and ensuing
German architect Rolf Demmler first arrived in China in 2004 after what he says was an “accident.” Facing an uninspiring career trajectory at home, Demmler was ready for a change when opportunity called. “Somebody from out of nowhere said, ‘We have job offerings in China,’” he recalled in a recent interview in Shanghai. “It labeled itself
Aviva is the Managing Broker of Sonenreich & Co, a third-generation commercial real estate broker, owner and investor in Denver, Colorado. In such a hot real estate market as we’re experiencing today, many buyers are passing on property inspections, attempting to win the bidding wars incited by the current inventory crisis. But the inspection is still
Andrew Lanoie is a Best Selling Author, Investor and Podcaster at The Impatient Investor, as well as Co-Founder of Four Peaks Partners. Many who lost their jobs or found themselves in dire or precarious financial situations in 2020 due to the pandemic had a financial awakening. Caught unprepared by Covid-19, many made reassessing and adjusting their
With 1,350 miles of coastline, Florida is second to only Alaska when it comes to waterfront real estate in the United States. But not all 1,350 miles are made equal. Some coastal stretches are known for white sand and crystalline waters, some are known for the golf courses, and others for the charm and tranquility—but
teekid | E+ | Getty Images After Janell Ivy lost her job at a daycare center because of the pandemic, she fell behind on her $890 rent. The single mother feared that she and her four children, all under the age of 7, would be evicted from their apartment in Houston. She packed up her
Kevin is the Founder of Marker Real Estate, an innovative firm with a transparent, inclusive, client-focused strategy. When I was a new agent, I never specialized in one market or type of property. I raised my hand for every possible opportunity and chased down these opportunities to the very end. I believe that my decision to
Villa Nafissa, a once-in-a-generation compound located 26 miles north of Downtown San Diego in Rancho Santa Fe, comes with close to 40 acres of park-like grounds, a private lake, waterfalls, more than 3,000 species of flora and idyllic gardens designed to evoke impressionist painter Claude Monet’s famous water garden in Giverny, France. The estate, listed
Many Americans are suddenly house rich. On paper, anyway. Soaring home prices have resulted in a record amount of home equity on hand. By the end of last year, roughly 46 million homeowners held a total $7.3 trillion in equity to tap, the largest amount ever recorded, according to Black Knight, a mortgage technology and
With the real estate market constantly fluctuating, real estate professionals need to keep a finger on the pulse of market trends. Home values, buyer demand and mortgage rates are just a few of the critical areas realtors should constantly focus on. How they stay abreast of all the relevant information determines how successful they are
In this article CLGX monkeybusinessimages | iStock | Getty Images In this hot housing market, it can be easy to blow your budget. That’s why you have to have a clear plan in place before you start looking for your next home, experts say. “If you don’t go in with a clear budget in terms
Actor Leonardo DiCaprio recently shelled out $7.1 million for the Los Angeles home of Modern Family star Jesse Tyler Ferguson. The elegant Spanish Colonial-style mansion, which previously belonged to singer Gwen Stefani, is for DiCaprio’s mother, Irmelin Indenbirken. A few years ago, he purchased a home for his dad, George DiCaprio, for $4.9 million. Leonardo DiCaprio has bought and sold about
Newark, New Jersey. Sean Pavone | iStock | Getty Images Since September, most renters across the country have been protected from eviction, thanks to an unprecedented moratorium on the proceedings ordered by the Centers for Disease Control and Prevention. Now that ban will expire in less than a month, and millions of Americans could find
After a year-plus of staying at home, it’s natural for people to want more space. This collection of properties, from Gothic European chateaus to a Portuguese palace, have precisely that. Fairytale French chateau Location: Vitre, Brittany, France Price: $1.9 million The gothic-style chateau was originally built 1860 and superbly restored in 2004 and 2016. Groupe
Siraj Ahmad | iStock | Getty Images More than 10 million Americans, or 14% of U.S. renters, say they aren’t caught up with their housing payments, meaning many could be at risk when the national moratorium on evictions expires in under a month. That finding comes from data collected by the Census Bureau between May
Real estate agents have to become experts in marketing to connect with potential buyers and land sales. But all too often, they’re missing the mark and losing out on leads. From failing to specialize in specific areas to not using all of a social media platform’s features to neglecting to optimize their website, the following
Memorial Day weekend has ushered the summer in. Has it also ushered the superheated New York real estate market out? Is buyer interest still seasonal? Will June 15 see all our prosperous families decamping to their country or seaside homes, not to be seen again till Labor Day? For a variety of reasons, probably not.
Michael H. Zaransky is Founder and Managing Principal of MZ Capital Partners, an award winning multifamily investment and development firm. The coronavirus pandemic has forced those of us in the multifamily sector to reassess real estate’s time-honored location-location-location mantra. With remote work now commonplace in several businesses — a trend that promises to continue post-pandemic —
Maskot | Maskot | Getty Images President Joe Biden laid out a plan this week to narrow the racial wealth gap in the U.S. Many were disappointed not to see any mention of student loan forgiveness in that agenda. The president’s initiatives, announced 100 years after the Tulsa Race Massacre, will include tackling racial discrimination
Founder and CEO of SmartRent, an enterprise home automation and internet of things platform for the multifamily industry. The conversation around the trendy, must-have amenities in multifamily shifts every few years with changing demographics and regular ebbs and flows of the market. An array of resort-style amenities popped up in the last decade as we saw
A real estate agent with an ‘Open House’ sign in the front yard of a home for sale. Ty Wright | Bloomberg | Getty Images High prices and low supply are finally taking some of the heat out of the housing market. Even with interest rates falling slightly, mortgage application volume fell 4% last week
Warburg Realty, Manhattan’s premier luxury independent residential real estate firm, is moving forward as the city rebounds. Long known as New York’s blue-chip brokerage since opening its doors in 1896, Warburg Realty recently welcomed back Stephen Klym as senior vice-president for strategic initiatives and Tribeca sales director. Klym brings decades of industry experience as he
This grand mansion built in 1885 has deep roots in Montecito. For three decades, it was the family home of the famed Moody Sisters, four women who left their mark on Santa Barbara housing by designing and developing what are known as Moody Sisters Cottages. Trailblazers at a time when few women had jobs outside
Kellie Rastegar is Co-Founder and Creative Director at Rastegar Property Group. Over the course of the pandemic, real estate investors have faced many challenges, with some asset classes soaring and others left struggling. In multifamily, the pandemic has created new demands from renters and new priorities for investors and developers with the rise of remote work.
If the name Caroline D’Amore sounds familiar, it’s because you may have heard of her family’s pizza restaurant D’Amores, which has been a Los Angeles staple for years. She’s also acted in films, modeled, and even toured around the world with Paris Hilton as a DJ. But 2021 might just be her year. In addition to being the
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