Real Estate News

Real estate News 02/2016



Real estate should see disruptors as opportunities, not threats
NEW YORK – Selling real estate to the next generation requires constantly reevaluating oneself and embracing the consumer's point of view. Different realtors and brands have distinct histories, sizes and markets, meaning there is no one-size-fits-all ...
Knoxville's 2016 Commercial Real Estate Awards
The fifth annual Commercial Real Estate Awards is bigger and better this year as a several local organizations have joined CCIM East Tennessee in recognizing the achievements of their members. CCIM has expanded its awards this year to not only include ...
The 20 Hottest US Real Estate Markets in January 2016
After a December that was unseasonably balmy for a large swath of the East Coast, January saw a return to winter norms: frigid temperatures and mountains of snow (even in the drought-parched West, thanks to El Niño). Real estate markets around the ...
Real estate experts: TOPS helps fuel LSU apartment boom
BATON ROUGE, La. (AP) - Real estate experts say the neighborhoods around LSU are in the middle of an unprecedented apartment construction boom and it's being fueled, in part, by the TOPS scholarship program. Wesley Moore, of Cook, Moore and ...
Good-Value Real Estate From $90000 in Vibrant Colombia
But the best deal in Medellín right now is real estate. With the city only being newly discovered, the buying frenzy for real estate has not yet begun in earnest, which has kept housing prices from becoming inflated. But the biggest incentive right now ...
Commercial real estate transactions
Plano Parkway Business Center at 2701 West Plano Parkway in Plano was purchased by SVN/Trinity Advisors. The property was built in 1998 and consists of 113,299 square feet. Transwestern's Steve Simon, Steve Rowland, Henry Knapek and Justin ...
3 Stocks Underperforming Today In The Real Estate Industry
Vornado Realty ( VNO) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Vornado Realty is down $0.45 (-0.5%) to $88.01 on average volume. Thus far, 347,753 shares of Vornado Realty exchanged hands as ...
Austinites named among most powerful in residential real estate
140); Ben Kinney, who operates franchises in Washington (No. 167); and Kay Evans, who operates franchises in Georgia, Tennessee and Alabama (No. 187). Jan Buchholz covers commercial and residential real estate, construction and architecture and ...
Report: Home prices in DFW rise 9.5%; Texas sees new real estate heights
"Texas has enjoyed four straight years of booming real estate growth and record-high housing demand," Smith said in a statement. "While 2016 might not turn out to be another record year for Texas real estate, housing demand will likely remain strong ...
Hyde Park/Kenwood: South Side real estate hot spots
Lamar Austin, pictured in the 4800 block of South Kenwood Avenue, is a Redfin real estate agent who moved to Kenwood 10 years ago and now resides in a 1920s red brick six-flat within the Hyde Park-Kenwood Historic District. (Phil Velasquez / Chicago ...
Commercial Real Estate Turning Into Latest Casualty Of Oil Bust
The oversupply has turned Houston's office real estate into a buyers' market. “You've seen free rent happening with companies,” Bivins says. “You know, it happens in apartments now, and it's happening in office buildings. And you know actual quoted ...
Saga of a Short Sale: How I Recovered From Real Estate's Collapse
The real estate market crash hit Florida hard and early, affecting every segment of the state's economy. For me it forced a job change and relocation that required me to put my house on the market in spring 2007. My lender agreed to a short sale after ...
Aetna Says Kentucky Is Only Area Where It's Made A Real Estate Commitment
Last week, he told the Louisville area's chamber of commerce that Aetna will be looking at "all of its real estate." "But we've made a commitment to only one community as a location for the most important part of our business, and that's Louisville ...
Tucson Real Estate: Westside complex fetches $3 million
Colonia de Tucson Apartments, an 84-unit complex on the west side, was bought by 19Tuc Jak Properties LLLP for $3 million. 2016-02-01T18:00:00Z Tucson Real Estate: Westside complex fetches $3 millionBy Gabriela Rico Arizona Daily Star Arizona Daily ...
Home Real Estate welcomes associates
These agents can now offer their clients the service, strength and stability that HOME Real Estate is known for. All HOME agents have undergone licensing through the Nebraska Real Estate Commission, as well as completing an additional training program ...
Why My Money Is on US Real Estate Right Now
You would be wrong... Even after these upward moves, Florida real estate looks darn attractive relative to just about anything you can do with your money. According to a fantastic new report from RealtyTrac, the rental yields in Florida are still ...
LA's 3 Hottest Real Estate Neighborhoods Are Not on the Westside
If you're looking for a sure-thing investment in real estate this year, these neighborhoods appear to be increasing in value, says listings site Redfin. The downside, of course, is that they're not cheap. We're talking about homes priced way north of ...
Real estate's love-hate relationship with de Blasio
In fact, many real estate players are, at best, only grudgingly accepting of the mayor. The criticisms of him range from being a micro-manager to allowing crime to rise (even though the statistics show the opposite) to being too focused on affordable ...
Real estate roundup: Feb. 2, 2016
Acquire Real Estate has sold a 407,466-square-foot industrial property in Avon to a dozen real estate investors through a crowdfunding effort. The group paid a total of $16.5 million through investors ranging from $3,000 to $100,000. Acquire said the ...
Northrop Grumman plans to buy $300M in real estate leased by its Linthicum unit
Northrop Grumman Corp. plans to spend $300 million to purchase office buildings currently leased by its Linthicum-based Mission Systems unit. Mission Systems has a large presence in the Baltimore area, and offices across the U.S., including in ...
Chubb Adds Coverages and Capacity for Real Estate and Hospitality Industry Clients
PHILADELPHIA, Feb. 2, 2016 /PRNewswire/ -- Chubb today announced it has enhanced its dedicated Real Estate & Hospitality industry practice by offering a broader suite of insurance coverages and significantly expanded capacity for U.S. and Canadian ...
TIAA-CREF names president for new real assets division; real estate leaders leaving
Jose Minaya was named president of TIAA-CREF's newly created global real assets business division, a spokeswoman said. TIAA-CREF will move 900 employees and $100 billion in assets to the stand-alone business, which will operate within the firm's ...
YOUR MONEY-US black investors shifting from real estate to stocks
"Initially, my experience was that black Americans were more prone to invest in real estate - things they could touch, feel, see," said Jerry Murphy, a certified financial planner at JDM Financial & Investments in suburban Washington who has worked ...
Denver real estate private equity firm raises $329 million
But the real estate private equity firm, which bills itself as an alternative real estate fund manager, surpassed its target, closing its JCR Commercial Real Estate Finance Fund III with $329.5 million. The goal is to use the money to make investments ...
Naomi Watts on the downside of New York real estate
“With New York real estate, you never get everything you want,” she told Architectural Digest for the magazine's annual celebrity homes issue. Photo: Roger Davies/Architectural Digest Watts and longtime partner Liev Schreiber and their two sons ...
Recent Commercial Real Estate Transactions
Buyer: 22 Ericsson Owner L.L.C.. Seller: L & J Ericsson L.L.C.. Brokers: Helen Putterman and Ric Kaiser, Cohen Real Estate. RECENT LEASE. $55/SQUARE FOOT. $139,425 approximate annual rent. 110 West 40th Street (between Broadway and Avenue of ...
Montecito's Riskin Partners Sets Records in Real Estate for 2015
Santa Barbara's leading residential real estate team Riskin Partners, a luxury division of Village Properties Realtors and Christie's International Real Estate, has expanded its office in order to better accommodate its growing team. With 2015 sales ...
Short-Term Real Estate Marketplace Storefront Expands To Four New U.S. Cities
Storefront, the startup that provides a marketplace for short term real-estate rentals, is expanding into four new U.S. metropolitan areas. The company, which is currently operating in New York, Chicago, San Francisco, and Los Angeles, will add Atlanta ...
EquityMultiple Paradigm Shift: Real Estate Investing Through Technology
Real estate crowdfunding, for both debt and equity, is a natural fit between technology and asset class. While so much digital ink is dedicated to early stage companies raising capital online, it is the real estate sector that has captured most of the ...
Why Black Investors Are Switching From Real Estate to Stocks
“Initially, my experience was that black Americans were more prone to invest in real estate – things they could touch, feel, see,” said Jerry Murphy, a certified financial planner at JDM Financial & Investments in suburban Washington who has worked ...
Fugitive Real Estate Heir to Have Change-of-Plea Hearing
A fugitive New York real estate heir pleaded guilty in Louisiana on Thursday to a weapons charge and has agreed to a sentence of seven years and one month imprisonment. U.S. District Judge Kurt Engelhardt said Wednesday that he would provisionally ...
Five Mistakes Entrepreneurs Make When Buying Real Estate
Real estate is one of the largest source of wealth in America. In fact, many entrepreneurs begin investing in real estate to build and protect their wealth once they "make it". However, when it comes to investing in real estate, there is a great deal ...
Fugitive real estate heir Robert Durst pleads guilty to gun charge
A fugitive New York real estate heir pleaded guilty in Louisiana on Thursday to a weapons charge and has agreed to a sentence of seven years and one month imprisonment. U.S. District Judge Kurt Engelhardt said Wednesday that he would provisionally ...
Early Addition: Confessions Of A Real Estate Agent In The Thick Of Brooklyn Gentrification
Here's a great interview with the real Marcia Clark on what she thinks of the new show The People v. O.J. Simpson. The CDC thinks "women of childbearing age" (15-44) should never drink unless they're on birth control, because women's bodies are mainly ...
Brief: iFunding Appoints Daniel Drew Vice President & Head of Real Estate
Real estate crowdfunding platform, iFunding, announced on Wednesday it has hired Daniel Drew as Vice President and Head of Real Estate. He will be in charge of expanding the organization's business development and platform offerings for investors and ...
Third generation member lectures on real estate to Columbian Lawyers
The Columbian Lawyers Association of Brooklyn hosted real estate lawyer Mark J. Caruso for a Continuing Legal Education (CLE) seminar titled “Navigating a Real Estate Transaction" at the Red Manor in Dyker Heights on Tuesday. “Mark Caruso has been ...
Lumentus Social partners with Lone Wolf Real Estate Technologies
Aiming to help residential real estate industry maximize the effectiveness of social media, Lumentus Social, a social media software and solutions firm, has formed a partnership with Lone Wolf Real Estate Technologies Inc., a provider of residential ...
Brooklyn real estate market recognized for its strength
Recently, REBNY has started becoming even more actively involved in the real estate landscapes of the outer boroughs. With Brooklyn seeing more and more growth, our focus has been to not only help nurture that expansion, but to also find new and ...
Real estate expert's five tips for first-time homebuyers
Having a better understanding of the process and making sure you have a qualified professional agent by your side will help you navigate your first foray into real estate ownership with confidence. Here are five key tips to keep in mind: 1. Get ...
Documents: Mets Owners' Real Estate Fund Was $300 Million In The Hole This Past June
A performance report at the end of June 2015 concluded that a real estate private equity fund run by Fred Wilpon had turned $497 million—including $150 million of its own money—into cash and investments worth $173.25 million. In its way, this ...
Zillow Group bolsters New York real estate business, buys Naked Apartments
Zillow Group, the parent company for online real estate portals Zillow and Trulia, is growing its operations in New York City with the acquisition of Naked Apartments, which bills itself as “New York City's largest rentals-only platform.” According to ...
Alamedan installed as president of Asian real estate association
ALAMEDA -- Josefina Junsay, of Alameda, was installed as president of the Asian Real Estate Association of the East Bay at a recent event at Peony Restaurant in Oakland's Chinatown. Junsay, a longtime resident of Alameda, is involved with commercial ...
Real estate firm involved in Silver, Skelos trials sued over accessibility complaints
Glenwood Management, the powerful real estate firm key to both Sheldon Silver and Adam Skelos' corruption trials, is now the target of crusading Manhattan U.S. Attorney Preet Bharara — because one of its buildings isn't wheelchair-accessible. The ...
California real estate economist to speak tomorrow in Pleasanton
Leslie Appleton Young, vice president and chief economist for the California Association of Realtors (CAR), will speak about prospects for the real estate industry at 8:30 a.m. Friday at the weekly meeting of the Valley Real Estate Network (VREN). The ...
Commercial Real Estate Experts: Moderate Expansion, Easing Prices Expected in 2016
WASHINGTON, Feb. 4, 2016 /PRNewswire/ -- Despite various global and domestic hurdles hindering economic growth, steady job gains and stable leasing demand should help keep commercial real estate activity expanding in 2016, according to the authors ...
New Plans to Unmask Secret Buyers Rattle Real Estate Power Players
Welcome back to Property Lines, a column by veteran real estate reporter Alexei Barrionuevo. Each week on Tuesday, Barrionuevo will report on housing trends, real estate deals, and major business moves right here on Curbed. Super wealthy buyers in new ...
Talking real estate investing with Ferguson Wellman
The main driver for us on real estate over the last five or six years has been the quest for yield. As people buy asset classes, they want dividends and real estate provides a nice steady cash flow. In capital markets people have been willing to pay up ...
Startup real estate firm taking sharing economy to new levels
Moving in to a new home can be an exciting time. It's not uncommon to fall in love with features, furnishings and quirks. But after a short amount of time has passed, and you've had an opportunity to fully absorb your new surroundings, doubt can begin ...
Report: Real Estate Fund Run By Mets Owners Was $300M In The Red Last Year
NEW YORK (CBSNewYork) — The owners of the New York Mets are reportedly dealing with more financial woes. According to a report by Deadspin, a fund operated by Fred Wilpon's private real estate equity firm, Sterling American Property Inc., was nearly ...
The Day After Super Bowl 50: When The Real (Estate) Winning Begins
However, football attention will swiftly turn south to the mammoth, multi-billion dollar football complex being built in Los Angeles, from which some players – real estate players, that is – stand to win big. During the big game, football fans will be ...