Real Estate News

Real estate News 09/2016



Manhattan Luxury-Condo Builders Fight Glut With Sweetened Deals
Prospective buyers at one Upper East Side condo project are quietly being offered a 5 percent discount. At an almost-completed Midtown building, five-bedroom homes will be divided into smaller units. Brokers whose clients sign deals at a downtown tower ...
Say Hello to Wall Street's New Real-Estate Sector
“This is not just rearranging the place cards on the table….those who thought the financial crisis ended real estate investing were wrong; real estate and REITs are an important part of the market. With the new GICS sector, REITs will get increased ...
For Luxury Real Estate Investors, Puerto Madero Is Argentina's 'Green Zone'
Puerto Madero is Buenos Aires' green zone. There's no place like it. Not only is it isolated from the capital, it almost seems completely isolated from Argentina. This is where the elite buy for posterity, but not necessarily to live. Lionel Messi has ...
L.A.'s Residential Real Estate Market May Be Cooling, But by How Much?
After years of explosive growth, Los Angeles' residential real estate market has been exhibiting signs that it may finally start to cool down. But among a range of agents and experts who spoke to The Hollywood Reporter, the when, where and how of a ...
Real estate partner at CBRE-Raleigh moves to competition at HFF
Glenn had previously been a partner and executive vice president at CBRE-Raleigh, one of the largest commercial real estate brokerage firms in the Triangle, and had been with the Raleigh company since 1998. During that time, he was involved in the sale ...
If Trump Gets His Way, Real Estate Will Get Even More Tax Breaks
Thanks to some major loopholes in the existing tax code that treat real estate developers as a special privileged class, it's entirely possible (even likely) that Mr. Trump pays little or no federal income tax. But Mr. Trump's new tax proposal doesn't ...
ITT Tech Just Got Schooled. Real Estate Players, Take Note
It would seem the final bell may have rung for ITT ITT -1.60% Technical Institute, a chain of for-profit colleges that announced Monday it is no longer enrolling new students. Commercial real estate owners and lenders that have for-profit colleges in ...
Is your real estate agent a criminal?
A good real estate agent can be worth their weight in gold as they help consumers navigate the confusing home buying or selling process. While the majority of Realtors may be great, there is still that ever-looming question brought on by the low ...
Real estate notebook: Update on several projects in the Twin Cities
In May, we reported that a team of local businesspeople had formed a development company that would use factory-built houses to help fill the hundreds of vacant lots in north Minneapolis. That venture, Sm+RT Homes, has opened its first model home — a ...
New Real Estate Sector Underscores Value of Equity REITs
Ask any investing expert and they'll tell you that real estate is a foundational element of a well-rounded portfolio. Real estate investment trusts (REITs) have long been a staple among investors who prefer a passive approach, but some important ...
STL Lab and MIT Game Lab project participants work together to develop and test a socially responsible real estate ...
STL Lab and MIT Game Lab project participants work together to develop and test a socially responsible real estate ...
Real estate program looks to 2017 market
JACKSON TWP. The Stark County and the Akron/Canton real estate investors associations will partner to present "How to Prosper in 2017: Real Estate Market Predictions" from 6 to 9 p.m. Sept. 22 at the Courtyard by Marriott, 4375 Metro Circle NW. The ...
The Future of Real Estate Tech: How to Get an Agent to Sell Your Home for Free
The owner contacts a real estate brokerage to offer a home for sale. The broker or agent enters an agreement with the seller to market the home for sale in exchange for a percentage of the sale price when the house sells. The agent prints flyers, posts ...
Commercial real estate transactions
Joe Hamilton and Theron Bryant of Coldwell Banker Commercial Advisors DFW brokered the sale with Sam Owen of OGH Real Estate LLC. Express Designs has purchased an 88,000 square foot industrial warehouse at 1303 W. Belt Line Road Rd in ...
Five Things Real Estate Agents Won't Tell You
I've been working with clients for over 22 years, and one issue that has been popping up more and more is residential real estate. Naturally, some clients are merely seeking advice about one of the most significant financial decisions of their lives ...
Alabama self-storage properties catching the eyes of real estate investors
(Clint Lewis/Alabama Center for Real Estate). Bill Barnhill, CCIM and owner of Omega Properties in Mobile, has been involved with brokering self-storage properties for more than two decades, and he has seen the sector evolve from a quiet industry in ...
Alabama's Week In Real Estate (WiRE ending 9/3)
WiRE is the acronym "Week in Real Estate" and is digitally published every Saturday morning on al.com. The WiRE is categorized geographically and is designed to help real estate professionals, affiliates and consumers follow all the major news stories ...
Real estate transactions for Sept. 4, 2016
Bryan D. Burket from Rodney L. Fieg Estate, property in Somerset Township, $42,000. Alpine Property Rentals from Larry H. Rempel, property in Confluence Borough, $82,000. Lucas B. Leichliter from Cinda J. Stutzman, property in Somerset Township, ...
Real Estate Insider: Love at first sight, maximizing curb appeal
A welcome mat and colorful planters on either side of the front door help give this house curb appeal and make a good first impression. prev. next. Your home's first impression can make or break a profitable sale. A charming, well-maintained appearance ...
Real Estate Agent of the Year Lee follows hero's humanitarian example
“I'm a salesman, but meanwhile, real estate was always in the back of my mind because my stepmother was heavily into real estate in California, so I always wanted to try and make the jump,” Lee said. “But it's expensive. There's not safety net and you ...
Real Estate briefly: Infinity Realty acquires airport Hilton; Coulson joins faculty at UCI Paul Merage School of ...
Real Estate briefly: Infinity Realty acquires airport Hilton; Coulson joins faculty at UCI Paul Merage School of ...
Alan Miller commentary: Full real estate listings will run in Dispatch
We printed only the real estate transactions for Franklin County, and we did it as a test. I apologize for not telling you in advance, but it wouldn't have been a fair test if we had announced it. The test was to see whether many readers noticed, and ...
Does Trump have a Saudi real estate problem?
Donald Trump has made Hillary Clinton's accpeting of Saudis' money for her foundation a key issue of his campaign, but documents show that Trump has also recieved millions from the ruling family. In June 2001, Trump sold the 45th floor of his Trump ...
Brad Pitt Makes a Quick Trip to Croatia and Visits Proposed $1.5 Billion Luxury Real Estate Development Site
The actor traveled to Croatia on Thursday and took an onsite tour of a proposed $1 billion dollar luxury real estate development on the Adriatic coast. After arriving at the Zadar Airport, the 52-year-old actor took a small boat cruise along a 50-mile ...
Olympic medalist Alex Naddour takes on Phoenix-area real-estate market
“Selling real estate in the Valley also takes a competitive edge,” Naddour told me earlier this week as he was leaving a typical five-hour afternoon training session at USA Youth Fitness Center in Gilbert. The gym is owned by his dad and coach, Mike ...
Commercial real estate highlights
Thank you for reading 12 free articles on our site. You can come back at the end of your 30-day period for another 12 free articles, or you can purchase a subscription and continue to enjoy valuable local news and information. If you need help, please ...
A novel approach to teaching socially responsible real estate—games
In China, city development through effective planning and real estate investment is serious business, but learning about it can be fun and games. Thanks to a new approach developed at MIT, a game based on socially responsible real estate practices was ...
Ethiopia: AAU to Host 16th Continental Real Estate Conference
The Ethiopian Institute of Architecture Building Construction and City Development (EiABC) of the Addis Ababa University would host the 16th African Real Estate Society (AFRES) conference in Addis September 5-9, 2016. Themed : 'Sustainable ...
How to make sure you don't get burned in a real estate investment
I am all for investing in real estate. You can even put your 401(k) into a self-directed IRA and use your retirement money in real estate investing. I have one myself. I love it, and I think it's a great tool for some people. I agree completely that ...
4 Top-Rated Real Estate Mutual Funds To Buy
Even though real estate looks hassled, securities from this sector should remain an integral part of portfolios with a long-term horizon. Over the years, mutual funds from this category have continued to perform well. They offer a convenient method of ...
The Hungry Hippo of German Real Estate
Six months after its attempt to pull off the biggest takeover in the German real estate market foundered, Vonovia is consoling itself with a much smaller meal. On Monday, the company announced a takeover of Conwert, a deal that values the Vienna-based ...
What Happens To Rio's Olympics Real Estate?
Now that the flags and fanfare of the Rio Olympics are gone, what's left is a city ripe with new real estate ready to be converted into housing and commercial destinations. But the big questions are: will the tenants and residents come? And will the ...
Tucson real estate: Former Raytheon building sells for $10.5M
A building on the south side of Tucson formerly occupied by Raytheon Missile Systems has sold for $10.5 million. The 72,000-square-foot building at 3360 E. Hemisphere Loop, formerly known as Raytheon's Building M10, was sold to 3360 E. Hemisphere ...
Real estate tycoons' Top 7 fall projects
With Labor Day behind us, school's in for the city's real estate power players. Here's our selective guide to the Lucky-7 big deals on their agendas. 1) EAST MIDTOWN REZONING. A comprehensive, complex proposal to allow larger and taller towers in ...
BRIEF-Jinke Property Group's unit to lower stake in real estate developmen...
BRIEF-Jinke Property Group's unit to lower stake in real estate developmen...
What you missed on your summer vacation in real estate news
At South Station, global real estate development giants Hines of Houston and Gemdale Properties of Shenzhen, China submitted plans this summer for a 2.522 million-square-foot development, to be built over three phases, including a 677-foot office and ...
Miami Real Estate Is Back in the Sights of Brazilian Investors
Brazilians were third among foreigners searching for South Florida real estate in June, according to the Miami Association of Realtors, after Colombians and Venezuelans. Brazil had dropped as low as fifth place this year in the group's monthly rankings ...
Singapore Won't Ease Real Estate Curbs 'Anytime Soon,' MAS Says
Singapore doesn't intend to ease property curbs that have dragged home prices down by almost one-tenth anytime soon, the head of the central bank said. The relaxing of mortgage refinancing rules announced last week by the Monetary Authority of ...
Real Estate Transactions
Wal-Mart Real Estate Business Trust to Dolgencorp LLC, 3.271 acres on U.S. 301 South, Four Oaks, $750,000. Wal-Mart Real Estate Business Trust to Dolgencorp LLC, two lots in Princeton Commons subdivision, $650,000. Capital Properties of Raleigh II ...
How To Save For A Real Estate Down Payment: 20 Financial Experts Share Their Tips
It was backbreaking work for a five-year-old — but it was totally worth it. I spent six grueling hours cutting down brush in my backyard with my dad, clearing an area that would soon become a place for Mom to send us when my siblings and I were being ...
Crowdfunding Transforms Real Estate Investing
RealCap is a real estate crowdfunding conference that joins leaders and newcomers, developers and investors alike to network and explore this expanding industry. Entrepreneurs can learn to raise money to fix and flip homes, build tiny houses, buy ...
What The New Real Estate Sector Means For Investors
Real estate just became the 11th Global Industry Classification Standard sector. The move validates real estate as a distinct asset class and may prompt investors to rethink their equity allocation decisions going forward. Companies that invest in real ...
Single women a growing force in the real estate market
Real estate agents say buying a condo or a house may have a stronger and deeper emotional component for single women compared with men. Leslie White, a Redfin agent in the Washington, D.C., area, said that for single women, ownership of a home ...
Are New Laws Impacting Real Estate in Your State?
New state laws relating to real estate have taken effect over the summer, many of which could impact homeowners, homebuyers and sellers in certain states. One such law, enacted in California, equalizes the rules governing escrow services performed by ...
Recent Commercial Real Estate Transactions
A private investor bought this 25-foot-wide seven-story elevator Chelsea building. Built in 2004, the 8,025-square-foot building has a dozen market-rate apartments — a two-bedroom with a garden, 10 one-bedrooms with terraces and a one-bedroom ...
UK Real-Estate Funds Question Redemption Strategies Post-Brexit
The U.K. vote to leave the European Union whipsawed capital markets throughout the world, but the carnage got so bad in the market for open-ended U.K. real-estate funds that some managers decided to freeze redemptions. Now, with some of those ...
St. Louis County man admits $50,000 real estate fraud | Law and ...
St. Louis County man admits $50,000 real estate fraud | Law and ...
Manhattan's Luxury Real Estate Slowdown Is Spreading to Other Price Tiers
The chart below shows the percentage of sales that have seen price cuts for the top 20 percent of Manhattan's real estate market, in terms of the listing price. There's been an increase of late in the percentage of listings that have seen price cuts of ...
House Hunting in ... Chile
“What we're seeing now is a market trending toward more of a rental market than a sales market,” said Jorge Mira Olivos, the head of real estate at Engel & Völkers Chile, the property agency. In 2016, rentals handled by the Engel & Völkers office have ...
What Impact Will the Return of the NFL's Rams Have on L.A. Real Estate?
The “butterfly effect” could now be labeled the “Rams effect”—and real estate investors are getting a live demonstration in Los Angeles. It all comes down to a simple equation: How will L.A. real estate be affected by the high-flying, vastly ...