Real Estate News

Real estate News 10/2017



Erie County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Aug. 25, 2017. ALDEN • 11393 Broadway, Pennie Daucher; Thomas Daucher to Cjpm Enterprises, $390,000. • 1823 Arlington Drive ...
Niagara County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk's office for the week ending Aug. 11, 2017. CAMBRIA • 4079 Ridge Road, Roxann Cornell to Michael J. Jabot, $145,500. LEWISTON • 1159 Upper Mountain ...
Real estate transactions: Oct. 2, 2017
$6,976,142 Gulf Land Investments LLC, Hanover Real Estate Group LLC, Shore Road LLC to Vk Summerwoods LLC; Sept. 20. $5,000,000 Oscar R Parsons Trust, Parsons Oscar R to Overwatch LLC; Convention Center Square; Sept. 22. $2,496,000 Hugh E ...
Latest open house listings for Oct. 1 in Northern Virginia
Each weekend, signs go up across Northern Virginia as new homes hit the market and interested homebuyers get a chance to step inside for a look. Visit the Real Estate page for the latest news on the local housing market. Realtors: Share your open house ...
Behind the scrutiny of Buffalo's newest real estate mogul
"I think the downtown is on fire," Morgan said when interviewed this spring at his corporate headquarters near Rochester, where he steers a real estate empire of 36,000 units spread across 14 states. "I can't believe how great it is. I wish our city ...
Bubble risk: Watch out if you're investing in one of these eight cities
Of course, price bubbles cannot be definitively proven until they burst — hindsight in real estate, like life, is 20/20 — which UBS notes in the report, but based on historical data the dissonance between income and rent, and property prices in these ...
California introduces new fee on real estate deals to pay for low-income housing
The Journal noted the fee on real estate deals was “one of the sharpest sticking points” during lawmakers consideration of the bill with some county governments and groups such as the National Federation of Independent Business, the California Mortgage ...
Harvey cools off hot real estate market
Homeowners and real estate agents throughout Montgomery County and across Texas had been enjoying a long run of hot home sales and climbing real estate values -- until Hurricane Harvey hit in late August. Although the local housing market was ...
Crescent Real Estate brings new office space to downtown Dallas' West End
Crescent Real Estate is teaming up with a Boston-based investor for its long awaited project in downtown Dallas' West End district. Boston-based Long Wharf Capital LLC will partner with Crescent to build the 7-story addition to architect Corgan's ...
Investors Real Estate Trust From The Perspective Of A Preferred Investor
While searching for newly issued preferred opportunities, I came upon IRRTP, still trading on the gray market. From its coupon yield, it appears to be a relatively safe preferred investment. With this article, I intend to take a closer look at the ...
Wilton real estate sales — Sept. 22-28
The following property transactions were recorded in the office of Town Clerk Lori Kaback from Sept. 22 through Sept. 28, 2017. 144 Huckleberry Hill Road: Leon C. Hirsch et al, to TD Bank NA, $14,000,000. 69 Carriage Road: Robert and Erin Kaufold, to ...
Morgan Stanley Is Buying Commercial Real Estate Credit Platform Mesa West. Is The Timing Right?
Based in Los Angeles, Mesa West Capital is a privately held portfolio lender that finances commercial real estate acquisitions, refinancings and recapitalizations. Founded in 2004 by Jeff Friedman and Mark Zytko, former directors at Credit Suisse First ...
Better Homes and Gardens Real Estate names new COO
Rich DeNicola has real estate in his blood. The newly named COO of Better Homes and Gardens Real Estate jokes that he was doing floor duty by the time he was five years old. “Mom would sub-contract me out to do mailings,” said DeNicola, who grew up in ...
'We will not allow residents to be harmed because of real estate deals'
Recently, the Greek Orthodox Church complained about the municipality's refusal to issue a specific document that certifies there are no outstanding debts on the property and which is required to complete real-estate transactions. The church petitioned ...
For Income and Diversification, Try Private Equity Real Estate Funds
Investing in U.S and global real estate previously meant investing in the actual properties—a prospect mostly available to institutional and accredited investors. Today, the asset class is becoming more broadly available to high net worth individuals ...
Local real estate agents faced disciplinary action
SOUTHEASTERN N.C. -- Three area real estate agents recently faced disciplinary action by the N.C. Real Estate Commission. Marina Dane, who conducted real estate business in and around Wilmington, was to have her license suspended for two years ...
San Francisco real estate 'overvalued,' says Swiss financial firm
Zurich-based Union Bank of Switzerland (UBS) released its annual Global Real Estate Bubble Index Thursday. The financial firm ranks San Francisco as one of the most overpriced cities in the world. It also says we're heading toward a dangerous price ...
Las Vegas shooter was a multi-millionaire real estate investor: brother
A brother of Las Vegas shooter Stephen Craig Paddock says he was a multimillionaire who made much of his money investing in real estate. Eric Paddock told reporters Monday in Orlando that his brother was also an accountant for many years. He was not ...
Minot real estate agent wounded in Vegas mass shooting
MINOT, N.D. (AP) — A real estate agent from North Dakota is among the hundreds of concert-goers wounded in a shooting rampage at an outdoor show in Las Vegas. Andrew Gudmunson of Minot was shot Sunday night at the Jason Aldean concert, where a ...
Columbus real-estate executive Stella Bucholtz dies at age 64
Stella Bucholtz, the longtime executive vice president of The Jordan Company, a major commercial real-estate company in Columbus, has died at age 64 following a battle with cancer. Bucholtz, who in 2012 wed Dr. John Bucholtz, a local family medicine ...
Everett Mall sold to California real-estate investment group
EVERETT — California real estate investment firm Brixton Capital announced Monday that it has purchased Everett Mall for an undisclosed price. The 490,949-square-foot mall at 1402 SE Everett Mall Way houses Sears, Regal 16 Cinemas, Burlington Coat ...
Tucson Real Estate: Former motels converted to apartments
Tucson Real Estate: Former motels converted to apartments. By Gabriela Rico Arizona Daily Star. Gabriela Rico. Oct 2, 2017 Updated 6 hrs ago. Sales and leases. Buy Now. Mesa Lodge efficiency apartments, 2027 E. Benson Highway, was one of four former ...
The mystery of Stephen Paddock — gambler, real estate investor, mass killer
“He was always normal,” said Donald Judy, a former next-door neighbor who said he was struggling to reconcile the friendly conversations about real estate and family with carnage carried out from a hotel room on the 32nd floor of the Mandalay Bay ...
Las Vegas gunman was a millionaire with a penchant for guns, high-limit poker, and real estate
MESQUITE, Nevada — Stephen Paddock had a penchant for guns, high-limit video poker, and real-estate deals. His father was a notorious fugitive bank robber. He had a recent live-in girlfriend and two ex-wives and seemed to live a comfortable life in a ...
Will tumult at Bank of the Ozarks dampen NYC lending?
The sudden departure of a key real estate executive at Bank of the Ozarks is fueling speculation about the lender's appetite for New York City development projects. Dan Thomas, head of the real estate lending group, abruptly resigned July 28, setting ...
Clamping Down On Immigration Could Put The Squeeze On Commercial Real Estate Workforce
We are the world's #1 source for commercial real estate news Opinions expressed by Forbes Contributors are their own. Post written by. Julie Littman. Several commercial real estate industries could face a deepening labor shortage in coming years due to ...
Real estate transfers
The following properties were registered with the Sandusky County Auditor between September 9 and September 16: York Township. Betty J. Pridemore to Sumer N. Seeger, 4616 CR 175, $85,000. Bellevue. Linda A. Oatley and Mary K. Schlessman, ...
Investors Pile Into Emerging-Market Real Estate
Investors are showing more interest in commercial real estate in Asia, South America and other emerging markets, where growth trends and the lure of outsize returns overshadow the additional political and financial risks these regions can pose. From ...
Commercial real estate's hot streak to continue in metro Denver, brokers say
Metro Denver's commercial real estate market has continued its rise through 2017 and is on track to continue its hot streak through the rest of the year and into the next. That's according to a panel of brokers convened at the Denver Metro Commercial ...
Fordham Real Estate Institute offers master's degree in real estate; people in the news
NEW YORK - The Fordham Real Estate Institute at Lincoln Center (REI) is now accepting applications for its inaugural master of science in real estate (MSRE) class starting in January 2018. The 36-credit graduate degree, which can be completed in as ...
Retail Real Estate Holds Steady Despite Store Closures
Vacancy rates in shopping centers rose in 34 of 77 U.S. metro areas in the third quarter from the same period a year earlier, according to data from real-estate researcher Reis Inc. REIS 0.55% That was an improvement from the second quarter, when 39 ...
Driverless Cars Could Reshape Real Estate
Innovations in transportation, like electric cars and “on demand” options, could significantly impact the valuation of real estate in the future, according to an article in Valuation magazine, a publication of the Appraisal Institute. The story looks ...
Is Obama Moving to New York City? Real Estate Insiders Say He Could Be
Former President Barack Obama and the former first lady are apparently in a New York State of mind. The Obamas have checked out at least one apartment in Manhattan, a $10 million five-bedroom, four-bath aerie in one of the richest corners of the ...
5 ways restaurants should rethink real estate
In a highly competitive environment with hundreds of chains looking to grow into roughly the same type of location, the real estate market is tough for restaurants today, restaurant-development executives told moderator Jonathan Maze of NRN in a MUFSO ...
Venture capitalists are betting big on real estate tech
While the Great Recession did a lot of harm to the US real estate market, start ups in the sector are finally making a come back. Real estate technology companies are finally getting some major attention from venture capitalists, according to data from ...
The Time Ivanka Trump and Don Jr. Were Nearly Indicted for Real Estate Fraud
Over the past eight months, the Trump family's frivolity with laws and ethics has, at the very least, raised questions about how the family conducted itself before coming to Washington. Bits and bobs and gossip from the real estate years have been ...
Detroit real estate prices continue to rise
DETROIT (WXYZ) - Years ago headlines blanketed the internet that Detroit homes were selling for pennies on the dollar — now, condo prices are rising quickly, and attracting both developers and independent investors. “There's more supply than demand,” ...
The Real Estate Board Of New York Launches The Biggest Real Estate Hackathon To Date
So far 2017 has been another incredible year for real estate tech with record breaking investments, including WeWork's $4.4B whopping financing round and Redfin's successive IPO. These companies are part of the huge wave of real estate innovation, some ...
Want Real Estate Without Hassle? Consider a DST
Others, including high-net-worth investors, like the idea of diversifying their holdings, and real estate is often a good alternative — especially when bond yields are weak and the stock market is volatile. Both types of investors are looking for ...
How To Redefine Success In Your Real Estate Career
As president of one of New York's largest real estate agencies, I meet with agents every day who want to know how they can advance their careers, and quickly. I can tell you, from personal experience, there is no easy path to success. Here are four ...
The Best International REIT ETFs
International real estate has vastly outperformed US real estate in 2017. Many US real estate investors are now asking: Am I missing out by ignoring international real estate? International real estate should be viewed as another “sector” within a well ...
USAA looks to sell 280-unit rental in Hell's Kitchen
A partnership led by the real estate arm of USAA is looking to sell its 280-unit rental building at 535 West 43rd Street. USAA Real Estate Co., along with DHA Capital and Houston-based Patrinely Group, is valuing the property at an estimated $821,000 ...
Mark Spain Real Estate opens Marietta office
MARIETTA — Mark Spain Real Estate's third metro Atlanta office officially opened Oct. 2 in Marietta at 1395 South Marietta Parkway, near the famous Cobb County landmark, the Big Chicken. The office will be in Suite 200 of Building 500 in the American ...
City reaches deal over efforts to cap height of Gamma's Sutton Place tower
The city has struck a deal over the proposal to cap the height of Gamma Real Estate's planned 800-foot tower on East 58th Street. Instead of limiting the height of the tower to 260 feet, Gamma will need to adhere to “tower on a base” standards for 430 ...
Atlantic Real Estate to open office near Hagerstown Premium Outlets
The Washington County Planning Commission approved a site plan Monday night for a real-estate office in an existing house near Hagerstown Premium Outlets. Atlantic Real Estate would operate out of the house on the south side of West Oak Ridge Drive, ...
Baltimore real estate firms O'Conor & Mooney, Chase Fitzgerald ...
Baltimore real estate firms O'Conor & Mooney, Chase Fitzgerald ...
'Real Estate Wars,' a reality TV show set in Orange County, premieres tonight
“Real Estate Wars” cast members, from left, Kylie McCollough, Kacey Taormina, Jojo Romeo, Spyro Kemble and Eliisa Stowell at their premiere party for the new Bravo TV reality show, held at Seven-Degrees in Laguna Beach on Mon., Oct. 2. (Photo by Cindy ...
Top D-FW commercial real estate deals for the week of Oct. 2
Eldorado Crossing, a 31,000 square-foot multi-tenant shopping center at FM 423 and Eldorado Parkway in Little Elm, was bought by a local investor from Vista Properties. Jose Thankachan of Beam Real Estate brokered the sale with Sean Byrnes of Byrnes ...
The top 10 biggest real estate projects coming to NYC
JEMB Realty may have dramatically scaled down its plans for a tower at 420 Albee Square, but the Downtown Brooklyn development still topped the list of biggest real estate projects filed with the city last month. The company is planning a 37-story ...
Miami real estate upstart, powered by tech, will take its service national
“Miami is the heart of our company and a key city as it's representative of the larger U.S. real estate market,” said Grinda, who was raised in France and ran startups in Brazil before moving to Miami in 2013. “The first thing we will do with this ...