Real Estate News

Real estate News 06/2017



What Impact Will The U.K. General Election Have On Real Estate?
Historically, people assume that in the build-up to general elections, there is a slowdown in activity in the real estate market. All markets hate uncertainty, and there is nothing more uncertain than an election, as recent political events around the ...
Jared Kushner Built Luxury Condos Using Real Estate Grants Earmarked for Poor Communities: Report
Among the flurry of articles surrounding President Donald Trump's adviser and son-in-law Jared Kushner, one of the less headline-grabbing stories centers on some of Kushner's more unsavory business practices at the helm of his family's real estate ...
79-year-old Watertown real estate developer is a fugitive from justice
Federal authorities confirmed this week that they have launched a nationwide manhunt for the elderly Watertown real estate developer, who was convicted last year of securities fraud and ordered to spend two years at the federal prison in Devens for ...
African-American and Hispanic Families Priced out of Real Estate in West Coast Markets
In 2016, just 18 percent of homes for sale in the 30 largest U.S. metros were affordable for middle-class Hispanic families and 14 percent were affordable for African-American families, according to a new study by national realtor Redfin. Both rates ...
How Real Estate Investors are Navigating a “Fully Priced” Market
In 2017, this cascaded throughout the commercial real estate sector, which has seen an increase in flight-to-quality strategies, a widened bid-sell gap and uncertainty related to the effects of monetary policy. It appears the industry may be coming to ...
Lehigh Valley commercial real estate rents on the rise
By comparison, the national industrial vacancy rate declined to 5.3 percent in the first quarter, according to a report released in April by commercial real estate firm Cushman & Wakefield. Meanwhile, asking rates for industrial space in the Lehigh ...
10 Crucial Real Estate Contract Terms Home Buyers Should Know Before They Sign
If you ever attempt to read a real estate contract, you will quickly find that this paperwork is packed with a slew of terms you might not be familiar with—which is hardly ideal, given you're poised to sign this legally binding document. So if the ...
Kala Brown suing Todd Kohlhepp's real estate company
Kala Brown, the Anderson woman whom serial killer Todd Kohlhepp kept prisoner in Woodruff for two months, has filed a lawsuit against Kohlhepp's real estate company. Brown is suing Todd Kohlhepp & Associates LLC, also known as TKA Real Estate, ...
Garden Park Apartments in Arlington sold, and other top real estate transactions
MITR Investments LLC purchased a 31,249 square-foot shopping center at 2520 NE Green Oaks Blvd. in Arlington. Troy Morgan of Structure Commercial negotiated the sale. A Dallas investor purchased the Garden Park Apartments, a 252-unit multifamily ...
Portland real estate giant, philanthropist Melvin 'Pete' Mark dies ...
Portland real estate giant, philanthropist Melvin 'Pete' Mark dies ...
Boston Logic acquires real estate CRM provider Propertybase
Boston Logic, a provider of software, online marketing and design services to real estate companies, announced Thursday that it acquired Propertybase, a provider of real estate CRM and marketing software that boasts clients in 60 countries. Under the ...
Real estate broker pay in Boston far exceeds the national average ...
Real estate broker pay in Boston far exceeds the national average ...
Silicon Valley Real Estate: Prices Up, but Sales Down
Residential real estate prices in the 20-mile-long strip called Silicon Valley, which stretches from San Jose to Palo Alto, plummeted by 27 percent in the Great Recession between 2008 and 2011. But with $25 billion in venture capital pollinating ...
Innovator awards: 3 bright ideas in Jersey Shore real estate
Bret Morgan came across a magazine story about an office that attracted nomadic technology workers. Charles O'Rourke was frustrated by how long it took direct mail to reach new homeowners. Christopher Lombardi and his brothers were caught by surprise ...
When it comes to a real estate contract, be sure you understand what you're signing
The contract I just signed to purchase a house contained the following language: “If the buyer defaults, the earnest money will be forfeited to the seller. This is to be considered liquidated damages and not as a penalty.” Can you please explain what ...
Industry Outlook: Commercial Real Estate - Utah Business
For the commercial real estate industry, 2016 was a banner year. The question on the minds of our panel of real estate executives is whether that growth can ...
2017 real estate trends - Channel3000.com
For a while this was true, but the economy has improved now and with jobs seemingly more abundant, millennials are coming to the real estate market. First-time buyers are a driving force for a healthy real estate market and millennials are starting to ...
Real Estate Games Beat Last Year's Record, Raises $525K For Diabetes Research
The 28th JDRF Real Estate Games raised a record $525K for Type 1 diabetes research, beating last year's total of $520K. Awards were handed out to those who helped put the games together. Grosvenor Americas' Zac Linsky won the Steve Lauble award for ...
Understanding The Maze Of Real Estate Titles
You may find real estate professionals' various titles a little confusing. There are some important differences between the roles of the various professionals, as well as different requirements for using particular titles. Real Estate Agent or Real ...
How to Buy a Home
Before you jump into the world of open houses and real estate agents, take the time to get your finances in order. It will help you once it's time to apply for the mortgage. It will also help you get some financial perspective before you fall in love ...
How to Buy a Home
Before you jump into the world of open houses and real estate agents, take the time to get your finances in order. It will help you once it's time to apply for the mortgage. It will also help you get some financial perspective before you fall in love ...
Bay Area Real Estate Sales Slow, Home Prices Rise In April
It's been another down month for the Bay Area's real estate market. Overall sales in the region - one of the priciest in the country - fell 4.3 percent in April compared to the same last year period, according to the California Association of Realtors ...
Investment properties strong in local real estate market
MANKATO — Commercial real estate agents are encouraged by continuing demand and growth locally but say things have slowed a bit from the heady market in recent years. "I'm trying to put things together. It seems to be taking a little longer than ...
Marijuana real estate: Cannabis cultivation grows to 4.2 million square feet in Denver area
Marijuana's appetite for metro real estate, once a driver of the industrial-market recovery, is showing signs of stabilizing after Denver's decision last year to cap the number of grow operations in the city. But first, the industry gobbled up another ...
What real estate agents have to tell buyers -- and what they don't
Under the Massachusetts Lead Law, if a home was built prior to 1978, “the seller and any realtor have a legal obligation to disclose all that either knows about the presence of lead paint in the home,'' said real estate attorney John Pulgini, a partner ...
REAL ESTATE NEWSMAKERS
“Jeff has knowledge of sub-divisions being a previous owner and developer. Jeff and Robin know how stressful real estate can be. They are dedicated to make your real estate experience a happy one whether buying or selling.“ Jeff Canastra can be reached ...
Southwest Florida real estate briefs
James D. York P.A., a local Realtor, is the host with Realtors Michael and Morgan York of York Real Estate Group of Downing-Frye Realty.The show called "Southwest Florida Real Estate Update," covers current issues and trends with a different guest each ...
The week in real estate industry deals: May 30-June 2, 2017
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 ...
They found a real estate unicorn: A house with great 'bones,' ready for decorating
First-time house hunters Tom Balamaci and Patrick Wildnauer looked at more than 100 houses online and visited 30 in person during a seven-month search. They finally settled on a 1927 English-inspired cottage in the Wilshire Vista neighborhood. A great ...
Atlanta Falcons name Harry Norman Realtors official Real Estate Partner
Butler and Dillon are, in turn, donating a portion of their real estate commissions to local charities through Give to Grow Homes as a way of enhancing the effect that this partnership will have on the surrounding Atlanta community. Butler's husband ...
How schools, trains and concerts are building up Miami's neighborhoods
On Thursday, school's out for summer at the Downtown Doral Charter Elementary, and its report card is packed with A's. In only its second year of operation, the school is already topping county-wide honor rolls — and helping to fuel Doral's thriving ...
Real estate briefly: CBRE sells Santa Ana complex for $14M; Morningside in Fullerton opens links, pickleball
The property was built in 1967, according to CoStar Group, a commercial real estate data provider. CBRE Group has brokered the sale of an apartment complex in Santa Ana to an unnamed investor for about $13.8 million. CBRE's Priscilla Nee and Dan ...
Rhode Island bill would speed up real estate development
A proposal to speed up the process for Rhode Island developers to get big building projects approved is moving through the state legislature but raising concerns from some towns. The state House of Representatives voted last week to pass the ...
What It Takes To Invest In Real Estate When You Have A Full-Time ...
What It Takes To Invest In Real Estate When You Have A Full-Time ...
4 tips for effective real estate email marketing
Unfortunately, it's also one of the most mismanaged marketing methods used by real estate agents. More often than not, the agents who fail at email marketing do so because they don't put enough thought into their marketing strategy. If you haven't ...
How Lady Gaga and Tony Bennett are about to change your real estate business
If done right, it can bridge the widest generational and competency gaps we've ever seen in real estate. If the collaboration between Lady Gaga and Tony Bennett — “Cheek to cheek” — can go no. 1 on the Billboard charts, there should be no ...
Blackstone offers $2 billion for Finnish real estate firm Sponda
N) said on Monday it had offered to buy all shares in Finnish real estate investment company Sponda (SDA1V.HE) for about 1.8 billion euros ($2.0 billion) as it seeks to expand its real estate business in the Nordic region. The cash offer, 5.19 euros ...
Industrial real estate market faces bright outlook
Houston's industrial real estate market has a strong near-term future, according to a first-quarter analysis released by commercial real estate service firm Lee & Associates this month. Average industrial rental rates grew 4 percent since the start of ...
Camden metro area's real estate recovery lags country
The Camden metro real estate market still lags the country with home values 28 percent off peak prices just before the Great Recession of 2008, according to an analysis. HSH.com, one of the nation's largest publishers of mortgage and consumer loan ...
Denver's Luxury Real Estate Market Hits Another Milestone
The upper end of Denver's soaring real estate market continues to surge, new data show. In May, a record-breaking 179 homes priced over $1 million sold and closed, up over 21 percent from the month prior and up nearly 38 percent year over year, ...
Three Milwaukee real estate firms merging
“We're confident that no other commercial real estate organization in Wisconsin will be able to match our level of expertise,” David Behnke, principal, said in a written statement. “Together, we're now able to meet our clients' full-service needs in ...
3 Milwaukee commercial real estate firms merge to create Founders 3
Three Milwaukee companies are merging to create Wisconsin's largest, independently owned commercial real estate brokerage and management firm. Known as Founders 3, the new commercial real estate firm combines the resources of Commercial ...
SVN/Hintze real estate moves to new office
SVN/Hintze Commercial Real Estate, a commercial real estate brokerage firm, has opened a new office at 809 S. 60th St., in West Allis. The new centralized location expands the firm's service area of Milwaukee, Waukesha, Washington and Ozaukee counties ...
Beloved Florida real estate agent goes missing at sea
Ben Schachter, broker-president of The Signature Real Estate Companies in Florida, first met Isabella Hellman when she was working as a bank teller. Seeing his company shirt with the real estate firm's logo, she asked him about changing careers to real ...
Local real estate agency purchases competitor
“We are excited to join forces with the King + Miller team as we continue to grow our firm as the leading real estate group in Maine,” said Dava Davin, designated broker and owner of Portside. “The addition of their team will continue to strengthen our ...
Foreign REITs/Real Estate Top Weekly Performance List
Property shares and real estate investment trusts (REITs) outside the US grabbed the top spot among the major asset classes for the five-trading days through June 2, based on a set of representative exchange-traded products. The gain marks the fifth ...
Keys to maintaining a healthy real estate database
Why isn't the inside sales agent (ISA) role getting results for agents and brokerages? Why is it so important to organize a database to get the results you want? In this clip from Real Estate Uncensored, Beverly Ruffner shares a key reason that keeps ...
The Harvard Yard Sale: Private Equity, Real Estate and New Zealand Dairy Farms
Harvard University spent years assembling 8,500 acres of dairy farms and roughly 5,500 cows on the South Island of New Zealand. Now it's selling. Private-equity giant KKR & Co. is nearing a deal to buy those holdings from Harvard for more than $70 ...
Boston-based real estate investment firm to buy Horticultural Hall ...
Boston-based real estate investment firm to buy Horticultural Hall ...
Tell-Tale Signs That You're Buying In An Overheated Real Estate Market
It's not easy to be a home buyer today. Many parts of the U.S. are seeing low inventory, leading to bidding wars and other affordability concerns. Additionally, with the likelihood of at least two more interest rate increases from the Fed in 2017 and ...