People wait to visit a house for sale in Garden City, Nassau County, New York, the United States, on Sept. 6, 2020. Xinhua News Agency | Getty Images Strong demand from homebuyers in July, coupled with rock-bottom mortgage interest rates, caused home prices to accelerate in major markets across the nation. Nationally, home values rose
Real Estate
Gabriel Sofa Sixpenny While the economy has declined overall during COVID, home furnishing sales have been on the rise. This is especially true for direct to consumer brand Sixpenny, which at just three years old, is on its way to becoming a major player in the direct to the consumer furniture market. By the end
U.S. President Donald Trump arrives to speak about the administration’s coronavirus disease (COVID-19) testing plan in the Rose Garden at the White House in Washington, September 28, 2020. Carlos Barria | Reuters The Manhattan District Attorney’s Office said Tuesday that it will not seek to enforce a subpoena for President Donald Trump‘s income tax returns
It’s a dilemma many companies are facing: How and when to have staff return to the office, when the coronavirus pandemic and lockdowns have meant vast numbers of employees are still working from home. The CEO of one commercial real estate business says working environments will need to be upgraded to encourage people back —
Following a blockbuster report by The New York Times over the weekend, all eyes are focused on President Trump’s tax returns and what he did, and didn’t, pay. But the eyes that really matter are the federal and state tax authorities charged with reviewing whether or not Trump and the Trump Organization broke tax laws. And
Atmosphere outside the Majestic Theatre on April 08, 2020 (Photo by Jamie McCarthy/Getty Images) Getty Images As theaters remain dark, there might be a game of musical chairs behind the scenes. According to Broadway investment banker Lisbeth R. Barron, who brokered the deals for British firm Ambassador Theatre Group to take over six theaters in
Will they be back? Barclays thinks not. At least not in their entirety. getty Is working from home here to stay? Barclays Capital thinks it is. In a special report published on September 22, Barclays equities analysts Ryan Preclaw in New York and Paul May in London wrote that working from home could reduce demand
Dave Panozzo is the co-founding owner of The Panozzo Team-HomeSmart, a real estate team in Phoenix, Arizona. getty The past year came with its own unique set of challenges. With every day seeming more apocalyptic than the next, real estate agents across the U.S. have been forced to find new ways to make a sale. In-person
Logan is the Co-Founder of Landlord Studio, the only complete property management and accounting solution for real estate investors. getty This last year has been challenging for many of us. The actions taken in an attempt to control Covid-19 have resulted in a rapid rise in unemployment and increasing levels of financial stress. Undeterred by this,
The coronavirus remote work experiment will become a permanent trend, but at some point, employees will return to the office in numbers that match the past. When? It could take five years, according to a new forecast from Cushman & Wakefield. Global office vacancies will not return to their pre-Covid peak levels until 2025 and,
Polk Properties offers over 30 yrs of Real Estate Vision and Expertise you can trust and depend on. We focus on long-range portfolio value. getty During this season of a pandemic, social unrest and an upcoming election, a lot has been shunted aside to try and make sense of the new normal that is being fashioned
California’s ultra luxury market is hot in Southern California getty In April when COVID hit California’s real estate market hard, I reached out to San Francisco-based Compass California President Mark McLaughlin and CoreLogic’s CLGX Deputy Chief Economist Selma Hepp, Ph.D. for their expert insights. Once again, we discuss market fundaments, as we move into Fall
Co-founder at Brevitas.com, Commercial Real Estate Marketplace and Platform Partner of the National Association of REALTORS® getty Real estate listings are pushed all throughout the internet. Syndications, MLS feeds and APIs have created a network of sites that can pull in real estate information from all over. That’s mostly thanks to the MLSs throughout the country
General view of WeWork Weihai Road flagship is seen on April 12, 2018 in Shanghai, China. World’s leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million U.S. dollars. (Photo by Jackal Pan/Visual China Group via Getty Images) VCG | Getty Images LONDON — Office space provider WeWork has sold a
Robin Azougi 1st R, a licensed real estate salesperson with Douglas Elliman Real Estate, talks with prospective buyers at a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020. Wang Ying | Xinhua News Agency | Getty Images Fierce competition for a limited supply of homes for sale has caused
Jarred Kessler is the CEO of EasyKnock. getty If you own a company or work in the banking sector, you may be hearing the term “SPAC” 10 times a day now. It seems to be an increasingly common belief that SPACs are becoming the new go-to alternative to private equity fundraising. I traded SPACs in the
Aviva is the Managing Broker of Sonenreich & Co, a third-generation commercial real estate broker, owner and investor in Denver, Colorado. getty Working in the family business — industrial real estate — I can’t help but encounter an overwhelming number of family businesses on both sides of the table. As my family decided to pass the
Ariel Skelley | DigitalVision | Getty Images It’s no wonder so many Americans retire down south. The Sunshine State has four of the top five places for retirement, according to the latest WalletHub Best & Worst Places to Retire report. “Florida is a tax haven for everyone, but especially for the elderly, so when it
Sir David Adjaye’s Lost House in King’s Cross, London, offers dramatic living spaces in a … [+] sought-after location The Modern House Sir David Adjaye’s seminal Lost House in London is up for sale for $8.2 million, offering a rare opportunity to buy a private residence by the acclaimed Ghanaian-British architect. The 2004 concrete house,
Katie Farmer, incoming CEO of BNSF Railway, told CNBC on Friday that her industry has clearly been impacted economically by the coronavirus pandemic, but there’s optimism on the horizon. “We have seen the economy start to pick up relative to rail loadings,” Farmer told “Squawk Box.” While BNSF, owned by Warren Buffett-led Berkshire Hathaway, anticipates a rebound,
Siri Stafford | Getty Images You probably know a Roth individual retirement account is one way to save for your post-working years. It also may come in handy for certain homebuyers. Basically, up to $10,000 in Roth IRA earnings can be withdrawn — free of both taxes and penalty — for a home purchase if
Andreas Anusavice, CEO at Fast Cash Offer. getty Owning and managing a real estate property brings with it a series of overhead costs and responsibilities that are challenging enough during normal times. Throw in a once-in-a-century pandemic and the ensuing, inevitable moratorium eviction policies and you’ve undoubtedly got yourself a recipe for a lengthy, disastrous situation.
New York can improve rent-stabilized housing policies to benefit tenants. Ariel Property Advisors The Housing Stability and Tenant Protection Act of 2019 (HSTPA) left landlords of rent-stabilized multifamily properties to wonder why they should invest further capital in their buildings. Prior to the HSTPA the formula was simple: owners could raise rents in order to
Mary L. Trump interview on MSNBC’s Rachel Maddow MSNBC President Donald Trump and two of his siblings were sued on Thursday for fraud and other claims by their niece Mary Trump, who alleges they swindled her out of millions of dollars to which she was entitled after the death of her father. “For Donald J.
Housing owners and operators faced with declining rent revenues are turning to technologies that … [+] strengthen the integrity of their data as a way of increasing asset value getty Six months of paused evictions, lulls in rent hikes and waived fees have helped countless renters better weather the pandemic, but have left many housing
People wait to visit a house for sale in Floral Park, Nassau County, New York, the United States, on Sept. 6, 2020. Wany Ying | Xinhua News Agency | Getty Images Exceptional demand for both new and existing homes, brought on by the stay-at-home culture of the coronavirus pandemic, has the housing market severely depleted.
On Wednesday, a New York State judge rejected Eric Trump’s request to delay an interview with the state Attorney General’s office investigating the Trump family’s real estate business dealings. In his ruling, the judge ordered the President’s son to answer questions, under oath, by October 7th. Which begs a different question: is Eric Trump the
Topline Eric Trump must testify in a New York state investigation into the financial affairs of his father President Trump and his businesses before the election, a judge ruled Wednesday, rejecting his attorney’s claims that his “extreme travel schedule” and “related unavailability” on the campaign trail warrant a delay. Eric Trump pre-records his Republican National
Eric Trump speaks in Portsmouth, NH on Sept. 17, 2020. Eric Trump, son of President Donald Trump, makes a stop in Portsmouth during one stop on his ‘Make America Great Again!’ tour. Erin Clark | Boston Globe | Getty Images A lawyer for the New York attorney general’s office argued Wednesday that President Donald Trump‘s
Matt Weirich is CEO and Co-founder of Realync, the leading video leasing and engagement platform for the entire resident lifecycle. getty The budget season for multifamily communities is upon us! Every year, multifamily teams’ budgets take into account a variety of variables: weather, unemployment, regulations, utility bills, you name it. But one variable no one accounted
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