Mauricio Umansky, founder & CEO of The Agency The Agency The Agency’s founder & CEO Mauricio Umansky talks luxury real estate moving into 2021. Umansky founded the luxury brokerage firm in 2011 as an “industry disruptor” with one small Beverly Hills office. Fast forward to today—The Agency has global brand status with over 700 agents
Real Estate
A visitor looks down an empty hallway at The Fashion Mall at Keystone, Wednesday, March 18, 2020, in Indianapolis. Simon Property Group, the largest owner of shopping malls in the nation, is closing all of its malls and retail properties because of the coronavirus outbreak. Darron Cummings | AP When Macy’s Chief Executive Jeff Gennette
Quiet spaces for fitness and meditation are a strong wellness design trend. Photo Courtesy of Designer: Ana Cummings; Photographer: S. Dutchesen // Wellness by Design (Tiller Press) (c) J. Gold Wellness design was a strong and growing trend before Covid-19 reached our shores early last year, but it has exploded in popularity as the virus
Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Images The surge in home prices is not slowing down, thanks to high buyer demand and a record low supply of
There are several routes that potential homeowners can choose to get information about real estate purchases. However, some of these sources may give outdated information. For first-time buyers, this misinformation can create some strange misconceptions about the process of purchasing. One of the most common areas that potential homeowners are typically misinformed about is down
Geneva, Switzerland, at sunset. getty In this week’s examination of wealthy housing markets abroad, I compared prices of properties with ocean or water views in three international markets. From a designer-done residence on Hong Kong’s Lamma Island to a rustic villa in Uruguay, here’s a look at what about $4 million buys right now on
Kennia Viera, center, of Los Angeles, who is a single mom, unemployed and in danger of being evicted at the end of January, protests with her kids, Florisabella Houston-Viera, 7, second from right, and Enrique Houston-Viera, 9, left, after speaking at a protest for tenants in danger of eviction because of the financial fallout of
Newly developed Williamsburg office space, such as 25 Kent, is helping reinforce the Brooklyn … [+] neighborhood’s growing appeal as a creative office hotpot. Ty Cole When office workers return to the workplace in earnest, one Brooklyn neighborhood will continue to build on its reputation as an office hotspot for creative workers. Wlliamsburg is that
Concept image of Business Acronym REIT as Real Estate Investment Trust. 3d illustration getty It had to happen. After driving through New York City recently, I saw empty store fronts on almost every street block as a result of businesses going broke due to the pandemic caused by COVID-19. This mirrors empty spaces in suburbia and
Aviva is the Managing Broker of Sonenreich & Co, a third-generation commercial real estate broker, owner and investor in Denver, Colorado. getty When America’s real estate history is written, there will be a chapter with the legalization of marijuana as a focal point. I’m a third-generation warehouse owner in Denver, in the state that recreational marijuana
Luxury Collection Broker Greg Gunter owns Berkshire Hathaway HomeServices Colonial Homes San Miguel and is Mexico’s #2 Realtor by sales. getty The residential real estate industry is witnessing a dramatic paradigm shift, thanks to the Covid-19 pandemic. Especially in heavily populated coastal areas, homeowners are choosing to search for more space and less density than the tightly
Macy’s out of focus- Attempting to stop the bleeding through massive cost cutting while trying to … [+] reverse years of a sub-par value proposition is now further complicated by mall fall. Getty Macy’s M is attempting to flee their weakest malls with the latest announced closures of another 45 stores. The move is part
The New York City skyline on the East River at Midtown Manhattan. getty This grand apartment at 1 East End Avenue offers a coveted combination of classic pre-war details and panoramic views of the Yorkville waterfront. Encompassing two levels in a full-service building dating to 1929, the residence features handsome wood floors, recessed ceilings trimmed
Startups in space travel, electric cars and hair loss treatments are the hot stocks of the SPAC boom. New billionaire Mat Ishbia has a novel idea: A SPAC boasting big profits and a dividend thanks to his massive mortgage company. Mat Ishbia by Jacob Lewkow for Forbes By Antoine Gara, Noah Kirsch & Sergei Klebnikov
Originally owned by early radio star Fanny Brice, the storied estate in Holmby Hills was updated and … [+] expanded in the 2000s by late TV syndication titan Richard King. Hilton & Hyland Holmby Hills’ North Faring Road has a long and distinguished history. The affluent stretch north of the Los Angeles Country Club has
Tenants and housing activists in Brooklyn, New York, protested in a Bushwick park on July 5. Erik McGregor | Getty Images A $25 billion federal rental assistance fund will soon be disbursed to states, allowing those struggling amid the pandemic to apply for the money. By one estimate, 14 million Americans are behind on their
181 Fremont is the West Coast’s tallest ultra-luxury residential tower Bernard Andre Los Angeles and San Francisco condominiums deliver luxury five-star living for today’s buyers. As the market continues to pivot due to COVID luxury and ultra-luxury condominium living is alive and well in California. West Coast head of Compass Development Marketing Group, Sandra Eaton
The Beverly Hills home of Steve Wynn, the American casino mogul and former CEO of Wynn Resorts Steve Wynn’s Beverly Hills home has officially hit the market for $110 million. Steve Wynn’s Beverly Hills home sits within a private cul-de-sac surrounded by millions of dollars … [+] worth of landscaping. Jim Bartsch Steve Wynn is
A houseÕs real estate for sale sign shows the home as being Òunder contractÓ in Washington, DC, November 19, 2020. Saul Loeb | AFP | Getty Images Pandemic-driven demand sent total 2020 home sales to the highest level since 2006. Still, even the most avid buyers are bumping up against barriers in today’s housing market.
Home prices in London have reached record levels despite the economic slump caused by the … [+] coronavirus pandemic Getty Images The latest data from Britain’s land registry within the Office of National Statistics shows the average price for a home in London reached £513,997 near the end of 2020, or approximately $680,000 at today’s
Listed for $12 million, the updated contemporary residence features some 8,700 square feet of … [+] updated living space, a vanishing-edge swimming pool and a movie theater. Willis Allen Real Estate Perched atop La Jolla’s Mount Soledad, one of the highest points in the seaside community, this updated contemporary residence pairs a wealth of flexible
The coronavirus pandemic has changed not only how we live but where we live, and that has upended some of the usual trends in local housing markets. Now that some people can work from anywhere, they can also live anywhere, and they are moving to different markets for all kinds of reasons, from affordability to
As the pandemic rolls on, however, the vast majority of New Yorkers are pulling together for their … [+] city getty On January 20, Joseph Biden became the 46th President of the United States. The day has inspired both excitement and apprehension in many Americans: excitement because change is coming and apprehension about what the weeks
A contractor moves roofing material on a home under construction at the Toll Brothers Cantera at Gale Ranch housing development in San Ramon, Calif. David Paul Morris | Bloomberg | Getty Images Just two months ago, homebuilders had never been happier. Buyer demand, driven by the pandemic-induced desire for larger newer homes in the suburbs,
A robotic kitchen was revealed this year at the 2021 digital Consumer Electronics that can prepare … [+] thousands of recipes and clean up afterwards. Black Edge Productions During the pandemic, we have been locked up tight at home, feeling a drag from the redundancy of trying to make meals day in and day out.
SINGAPORE — Real estate investors in Asia-Pacific are most likely to put money into offices in 2021, with 31% of respondents choosing the sector over other market segments in a recent survey. That’s despite huge changes to workplaces following the coronavirus pandemic, such as work-from-home arrangements becoming the norm last year. More than half of
One of the National Association of Realtors “30 Under 30” real estate agents, serving the Del Mar and San Diego luxury residential market. getty As a real estate agent working with new and experienced buyers, I’m used to fielding questions about how to make strategic decisions when investing in real estate. Sometimes those questions are
President Joe Biden delivers his inaugural address on the West Front of the U.S. Capitol on January 20, 2021 in Washington, DC. During today’s inauguration ceremony Joe Biden becomes the 46th president of the United States. Alex Wong | Getty Images President Joe Biden on Wednesday is expected to extend the federal ban on evictions
Matt Weirich is CEO and Co-founder of Realync, the leading video leasing and engagement platform for the entire resident lifecycle. getty We’ve heard it time and time again: Leasing professionals are often hesitant to adopt new technology. It’s easy to encounter statements within the real estate industry like: “Our teams are skeptical of fully implementing technology,”
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Record-low mortgage rates may now be a headline of the past. Now, several weeks of rising rates are dousing what was incredibly high demand for refinancing. That pulled total
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