Real Estate News

Real estate News 11/2016



Avi Katz to Expand His $650 Million Real Estate Fund to New York
Hagshama Fund, the private investment firm that has raised about $650 million from individual investors in Israel and the United Kingdom, will begin operating from New York next year as it seeks to boost real estate investments. The Petach Tikva ...
Why I don't believe in 3D virtual real estate tours
I always told my kids to beware of the latest fads. Still don't know how much of that advice stuck but, with the latest real estate fad, I have taken my own advice and I'm dispensing it to our home sellers as well. That latest fad is the 3D virtual ...
This 600k Fixer-Upper Is Proof That DC's Real Estate Market Has Entered the Twilight Zone
Typically, the primary photo in a real estate listing showcases the home's best quality. Maybe that's a perfectly preserved colonial exterior, or a bank of floor-to-ceiling windows overlooking some woods, or a luxe, chef-level kitchen. In the case of ...
Asian real estate group strengthening South Florida ties
The largest Asian real estate association in the United States has been growing its ties in South Florida and recently signed a partnership with a major local residential brokerage. The Asian Real Estate Association of America (AREAA) opened a Miami ...
Recent Commercial Real Estate Transactions
A local real estate investor, mainly in retail properties, bought two adjacent four-story mixed-use buildings totaling 10,400 square feet in an all-cash transaction. The buildings, built around 1910, have five market-rate two-bedroom apartments and ...
The real estate investors' guide to getting past Uncle Sam
As reported in the Washington Post, the average firm in real estate development pays just over 1 percent of its income in taxes, according to data compiled by Aswath Damodaran, a professor at New York University. Compare that to the average for all ...
Real Estate Firm New York Residence, Inc. Visits New Orleans
NEW YORK, Nov. 1, 2016 /PRNewswire/ -- New York Residence, Inc., a world-renowned real estate brokerage firm, is pleased to announce that Mr. Richard Pino, Chief Financial Officer and Associate Broker, will be traveling to New Orleans from November ...
Real estate developers and contractors donate big bucks to BART board, bond measure
BAY AREA — Real estate developers with investments on BART properties, current contractors and groups representing unionized labor are all contributing big bucks to the BART board race and to a committee campaigning for BART's $3.5 billion bond, ...
Here's the latest developer to press pause as luxury real estate tumbles
Jules Trump is the latest South Florida developer to rethink a planned condo project as the luxury real estate market tumbles. Trump — no relation to the presidential candidate — said Tuesday that he will delay building one of two towers slated to ...
The Rise in Real Estate Isn't a Bubble
[Opinion: The views expressed by Investopedia's columnists are those of the author and do not necessarily reflect the views of the website.] Housing prices have ticked up enough of late to rekindle interest in real estate investing. For some observers ...
Real Trends Announces America's Best Real Estate Agents List
TAMPA, Fla., Nov. 1, 2016 /PRNewswire/ -- Mike Hughes, Jeff Shelton & Andrea Webb of Coldwell Banker Residential Real Estate were named one of America's most productive sales associates as a part of REAL Trends America's Best Real Estate Agents, ...
Low inventory, higher prices continue in Twin Cities real estate market
As inventory continued to shrink in the Twin Cities housing market, buyers were rushing to close at much faster rates, and at higher prices, in September, a trend experts say will continue during the next several months. In the Twin Cities, total ...
Boutique real estate firm joins Douglas Elliman
Founded in 1911 in New York and now boasting of 6,000 agents in 81 world-wide offices, Douglas Elliman jumped into the local real estate market in 2014 with the acquisition of Joshua & Co., which had two offices in downtown Aspen, one at Highlands and ...
ERA Real Estate Professionals Deploy Innovation And Financial Savvy To Serve Military Clients
MADISON, N.J., Nov. 2, 2016 /PRNewswire/ -- Honoring its long-standing commitment to supporting military homeownership, ERA Real Estate, a global franchising leader and one of the nation's top franchises for military veterans according to Franchise ...
Walker & Dunlop Rides the Real Estate Market Higher
The real estate market has done extremely well in recent years, and Walker & Dunlop (NYSE:WD) has taken full advantage of the strong market to make smart investments in the multifamily and commercial real estate space. Some market commentators have ...
Why a Chinese Real Estate Bubble Could Bring Down the Global Economy
Analysts are sounding the alarm about growing Chinese debt loads and a potential real estate bubble that threatens to dramatically slow growth in Asia, and which could be a drag on the entire global economy if it bursts. In September, Ma Jun, the chief ...
Austin declared the No. 1 real estate market to invest in right now
The hottest real estate market to invest in 2017? It's Austin, of course. That's according to the annual Emerging Trends in Real Estate report from PwC US and the Urban Land Institute, which includes interviews and surveys from more than 1,800 leading ...
Jeff Sullivan to Head Broe Real Estate Group's San Francisco Office
DENVER--(BUSINESS WIRE)--Broe Real Estate Group (BREG), a leading investment manager of commercial real estate assets affiliated with The Broe Group, has announced that Jeff Sullivan has joined the firm as a Vice President, and will head the ...
Berkeley: Adeline Corridor real estate sparks global interest
BERKELEY — In a measure of the sizzling Berkeley real estate market's growing global appeal, a company headed by a former Moscow redevelopment official has received zoning board approval for a mixed-use project in the Adeline Corridor. On Oct. 27, by ...
Chinese property marketing firm links with Dallas real estate company
A Dallas-based real estate sales franchise firm is linking up with a Chinese company to bring business to America. United Real Estate Group relocated its headquarters from Florida to Dallas in September. Chinese real estate investment company Juwai Ltd ...
City approves new Queen Mary lease agreement with real estate firm
The agreement between the city and Urban Commons, a real estate investment firm, is the final step in a years-long negotiating process that will accelerate future development of the 42 acres surrounding the vessel, expected to include a retail and ...
Arbor Realty CEO launches real estate crowdfunding business
Adam Kaufman, left, who is managing director of the new online real estate crowdfunding venture ArborCrowd, and his father Ivan Kaufman, the chief executive of Arbor Realty Trust, a Uniondale real estate investment trust. (Credit: Arbor). The CEO of ...
Norway Real Estate Sizzles as Oslo Gains Top 20% for First Time ...
Norway Real Estate Sizzles as Oslo Gains Top 20% for First Time ...
SmartTouch Interactive Launches Five More Innovative Real Estate Websites
AUSTIN, Texas--(BUSINESS WIRE)--SmartTouch® Interactive, an interactive real estate marketing agency, real estate marketing automation and home builder lead nurturing CRM solution company, today announced the launch of five new, trend-setting real ...
Real estate innovation by the numbers
The MIT Real Estate Innovation Lab (REIL) will explore three areas: innovations in building design that lead to new building types and urban forms; new processes in construction such as 3-D printing and modular construction; and new data technologies ...
Queens Tribune Honorees Talk Real Estate
On Oct. 19, the Queens Tribune honored members of Queens' real estate community at the Real Estate Marketplace Awards at Terrace on the Park. Interspersed with appearances from elected officials, including New York City Mayor Bill de Blasio and ...
Marijuana Legalization Is Really A Real Estate Story, And That Has Big Implications For California
This campaign season may be one of the most contentious in recent memory, but there are five states offering a little something that could mellow everyone out. Largely overshadowed by the ruckus of the presidential race, proposals to legalize the ...
Kenneth F. McCallion: Trump real estate built on corruption
Lost in all of the media hype over Donald Trump's mistreatment of women and Hillary Clinton's missing emails is the fact that Donald Trump's real estate empire is largely dependent on Russian and other foreign money, untold quantities of it laundered ...
How Pokémon Go And Other AR Tech Platforms Are Reshaping Real Estate
The Urban Land Institute, a real estate research and education organization, recently projected augmented reality as one of the most important emerging trends for 2017 in a recent report. In the release, they state “many observers anticipate that AR ...
Ask a Real Estate Pro: Can a voluntary HOA become mandatory?
Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/business/realestate each Friday. To ask him a question, email him at [email protected], or go to SunSentinel.com/askpro. Q: I have lived in my ...
Making a Pitch for Real Estate Winners
Before the first pitch last night, I was talking baseball and investing with an old friend and he was curious if there were any real estate-related securities besides Apollo Commercial (ARI) and Brookfield Properties (ARI) I would consider buying at ...
Miami-Dade real estate had a rough 3 months
Miami-Dade County real estate came crashing back down to earth in July, August and September. Sales for existing homes fell to 6,751 in the third quarter of 2016, down 15.3 percent year-over-year, according to a report released Thursday by the Miami ...
NYC real estate: 3 neighborhoods to look at
NEW YORK (FOX 5 NEWS) - Looking for hidden gem real estate investments? StreetEasy has been, too. The site singled out the best neighborhoods in Brooklyn, Queens, and the Bronx where the median sales price is below the borough median, but is still ...
Looking For Real Estate in Southeast Asia? Follow The Infrastructure Investments
It of course boosts commercial and residential real estate along all those new transportation lines. I attended the recent CLSA Investors' Forum here in Hong Kong. The always-entertaining chief equity strategist Chris Wood held a media lunch where he ...
What are the Advantages and Drawbacks of Real Estate Interval Funds?
Real estate investors have more options today than ever, but a growing number of them are choosing interval funds to meet their alternative investing needs. The recent popularity of interval funds should not come as a surprise; these mutual funds offer ...
Authorities say real estate agent stole jewelry from homes for sale
A DuPage County real estate agent has lost her managing broker's license -- and could lose much more -- amid allegations she used her access to homes for sale to steal jewelry from their owners. Jamie B. Detwiler, 38, of Bloomingdale is facing ...
'Double-header' recovery ahead, says real estate center
The economic recovery, now 88 months old, may experience a “double header” in real estate rather than a cyclical downturn. So says the annual “Emerging Trends in Real Estate” report out from the Urban Land Institute, a Washington, D.C. think tank of ...
Big Splashy Real Estate Project in L.A.? Yeah, the Chinese Are Probably Behind It
Pick a ZIP code in Los Angeles, and you'll likely find a real estate development project that involves a Chinese company. From downtown to the Valley to the Westside, multibillion-dollar projects in various phases of completion are being overseen and ...
Real estate client speaks about interaction with kidnapping suspect
Kohlhepp owned his own real estate company Todd Kohlhepp and Associates. He has sold hundreds of homes in Spartanburg County. "He was a different bird, but he was a good salesman," Turner said. Turner remembers showing Kohlhepp around her ...
Commercial Real Estate Forecast in 2017 Is Strong
ORLANDO, Fla., Nov. 4, 2016 /PRNewswire/ -- Sustained by improving job growth and strong demand for multifamily housing, commercial real estate has been steadily recovering in recent years. Looking ahead to 2017, growth is expected to flow into the ...
Real estate broker stole jewelry from for-sale homes, officials allege
A suburban real estate broker who allegedly stole jewelry from two homes that were for sale has been charged with residential burglary, according to DuPage County prosecutors. Jamie Detwiler, 38, of Bloomingdale, appeared Friday in court, where Judge ...
All aboard the Second Avenue Subway real estate boom
Other notable projects include the Charles, the ultra plush condo tower at 1355 First Ave. from Bluerock Real Estate and Victor Group; 20 East End Ave., designed by Robert A.M. Stern; Carnegie Park at 200 E. 94th from Related Companies, a rental-to ...
Real Estate Weekly Review: Election Looms As REIT Struggles Continue
Interest rates, along with the commercial real estate risk premium, are important determinants of commercial real estate capitalization rates, which drive Net Asset Values for REITs. That said, REITs and rates have had low historical correlations until ...
The week in real estate industry deals: Oct. 31-Nov. 4
While real estate agents chase leads and close deals on houses, there's another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We'll be recapping every week's noteworthy ...
SC investigators expect to find more bodies on real estate agent's property
WOODRUFF, S.C. — A day after a body was found in a shallow grave on property owned by a Spartanburg County real estate agent, investigators returned to the scene hoping to find answers to their grisly discovery. Before the sun had risen, law ...
Alabama's Week In Real Estate (WiRE ending 11/5
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 heir Robert Durst, of HBO's 'The Jinx,' extradited to California
5 (UPI) -- New York real estate heir and accused killer Robert Durst was extradited to California where he will stand trial for the murder of longtime friend Susan Berman. Durst, 73, was booked into the Los Angeles jail at 1:20 p.m. on Friday and will ...
Real estate group volunteers help spruce up Sammy's House
On top of the day of volunteering, the council's members, who work in the real estate and construction industries, also drew up blueprints, planned out landscaping and secured construction equipment for the project. The group's leadership development ...
OC is paying its bills, and that's good for real estate
The most encouraging sign for Orange County real estate is that we're paying our bills. Look inside my Big Orange Index, a collection of three-dozen-plus yardsticks of the overall local economy, that sits at a record high. One slice of the benchmark is ...
Real estate transfers
Source: Illinois Department of Revenue real estate transfer declaration sheets were submitted with the deeds recorded in the Macon County Recorder's Office. Dollar amounts represent the net sale price. Documents process in October. Decatur. 444 ...