Real Estate News

Real estate News 11/2017



Real Estate Investing For The Tech-Minded
But the primary benefit with real estate crowdfunding is that it's another tool in your arsenal of wealth creation, and, when used in tandem with traditional means (REITs, homeownership, etc.), it can be an excellent way to generate strong returns ...
What Manafort's Indictment Reveals About His New York City Real Estate Deals
Special Counsel Robert Mueller unveiled a 12-count indictment against Paul Manafort that includes allegations of money laundering in the course of his work in Ukraine. Manafort has pleaded not guilty. In 2016, Manafort served as Donald Trump's campaign ...
Real estate daily market update: November 1, 2017
Real house prices decreased 0.4 percent between July and August. Real house prices increased 9.6 percent year-over-year. Consumer house-buying power, how much one can buy based on changes in income and interest rates, increased 0.8 percent ...
Blockchain's real estate break
In September, REcoin, a startup that billed itself as the “only cryptocurrency backed by real estate,” was busted for fraud by the U.S Securities and Exchange Commission. The Las Vegas-based startup had planned to use blockchain technology — a growing ...
NRT acquires Danbury real estate firm Goodfellow
After 84 years as an independent company, Goodfellow Real Estate has been acquired by national firm NRT New England and plans a significant expansion, it was announced Wednesday at Goodfellow's office in Danbury. NRT, which operates under the ...
Local investors partner up to take real estate plunge — and turn a profit
Meanwhile, a healthy home rental market has complicated avenues for return on real estate investments. Buying, renovating and renting is just as acceptable to investors as buying, renovating and immediately selling — often known as flipping. Investors ...
Federal prosecutors plan to retry former real estate guru Rick Koerber; defense attorney disputes government's ...
Federal prosecutors plan to retry former real estate guru Rick Koerber; defense attorney disputes government's ...
Trulia real estate resource announces design panel that includes San Clemente expert
Companies such as Trulia provide information about properties, neighborhoods and real estate agents to help prospective buyers or renters feel confident about their decisions. Now, Trulia has added another resource to help consumers navigate the market ...
Brexit is making Germany even more juicy for real estate investors
It appears the real estate sector is no less susceptible to Brexit jitters than the financial one. As the months drag on with no clear UK plan on how to exit the European Union in sight, real-estate investors are eyeing up more predictable, lucrative ...
11 tips for real estate agents with ADHD
I have ADHD. As someone living with the disorder in a business as precise as real estate, it can be a bit of a challenge — or a superpower depending on how you look at it. I'll explain what I mean, but first, let's break down exactly what ADHD is. The ...
Bay Area sees slowest September for real estate in three years
Bay Area sees slowest September for real estate in three years. By Anna Marie Erwert on November 2, 2017 at 4:03 AM. Print. 1st: 39 Melrose: $1.195M Source: Erica Levin, Paragon Real Estate Group. 39 Melrose is a Glen Park 3 bed/2 bath listed at ...
Massive mixed-use complex planned for Fulton Market
"We hope that this will be a real gathering point for all of the Fulton Market district," said Andy Bluhm, chief executive of Lamb Properties, a venture named for real estate investor Neil Bluhm's children, Leslie, Andy and Meredith. Lamb and IBT are ...
Commercial Real Estate Financing In Chicago Drops 13% In First Six Months of 2017
Commercial real estate financing in Chicago dropped 13% in the first six months of 2017, CrediFi found in a recent report on Chicago lending. Windy City loan originations for commercial properties slumped from $12 billion in the first half of 2016 to ...
How Is The Real Estate Market Reacting To Zillow's Zestimates Lawsuit Dismissal?
A judge has dismissed without prejudice four lawsuits against real estate website Zillow regarding its Zestimates feature, according to a report by Geek Wire. Zillow's Zestimates provides a market look at the estimated price of a home, which the ...
The Secret To Finding Real Estate Deals In A Hot Market
The inability to find on-market deals is a frequent concern of my clients and the listeners of my podcast, Best Real Estate Investing Advice Ever. It was also the number one challenge identified at the annual real estate conference I host, the Best ...
Department Stores Have One Thing Left to Sell: Real Estate
Selling off valuable real estate might indicate that HBC is in trouble, but to Garrick Brown, Cushman & Wakefield's director of retail research for the Americas, it looks more like a lifeline. “The reality is that some department store companies have ...
Prime Real Estate: The Fight for Space in the iPhone X
As the launch of Apple's iPhone X approaches tomorrow, eager users are set to enjoy battery life normally reserved for Apple's Plus-size form factors in a phone more closely resembling a non-Plus variant in its dimensions. The reason for this ...
The GOP tax plan has the real-estate industry in a panic and talking about housing recessions
The full Republican tax plan, unveiled Thursday, was rejected in various corners of the housing market. At issue is the mortgage-interest deduction, the cap for which would be halved, to $500,000. This could reduce the benefit of the deduction outside ...
Cole Real Estate Income Strategy Leads Perpetual Life REITs In 5-Year Average Returns
In 2Q17, perpetual life REITs, which are non-listed REITs that report daily or monthly net asset values, posted 1.6% quarterly returns and 6.0% trailing 12-month returns. Blackstone Real Estate Income Trust (“Blackstone”), which was declared effective ...
Kushner's Real-Estate Business, Amid Turmoil, Adds Another PR Heavyweight
As difficult an experience as Jared Kushner has had navigating the power corridors of Washington, D.C., Kushner Companies, his family's real-estate company, has endured an equally challenging time overseeing the company that he used to lead. In 2007 ...
How nine Newport Beach real estate agents won Halloween
The people on Balboa Island in Newport Beach, California, got a nice surprise on Halloween morning as a band of nine real estate agents walked around the town as a greek goddess, a colonial-era soldier, a unicorn, an elf and fish with a cape. Amid the ...
Better Mortgage Adds Real Estate Tech Veteran Jeff Corbett to Their Growing Team
“For nearly two decades, Jeff has been committed to bringing affordability and transparency to every aspect of the real estate process,” recounts Better CEO Vishal Garg. “We are lucky to have him join our team to help us build relationships with like ...
Global Real Estate And The End Of QE - Is It Time To Be Afraid?
What is interesting to note, in relation to global real estate, is that the 10yr Swap spread over US Treasuries (which is currently negative) has remained stable at -8bp during the recent rise in yields. Normally as interest rates on government bonds ...
The Evolution Of Commercial Real Estate Debt Financing -- 4 Things To Know
Nearly 10 years out of the Great Recession, the debt financing landscape for commercial real estate has evolved. Though banks remain somewhat cautious in their commercial lending, they are still originating loans — and where they have exited the ...
Study: Real estate agents still beat online sources
Consumers trust real estate professionals and local lenders more than online sources or family and friends when it comes to obtaining information about mortgages, according to a new Fannie Mae survey based on 1,000 responses. Recent home buyers ...
Top D-FW real estate transactions in the week of Oct. 30
LG Acquisitions LLC has purchased 15.2 acres near the Nebraska Furniture Mart at 1000 Lake Ridge Road in Lewisville,. Henry S. Miller's Dan Spika and Frank Bullock brokered the sale. The property is located and is close to Sam Rayburn Tollway and Lake ...
Is Hudson Bay The Most Undervalued Real Estate Stock?
Also, as with other struggling retailers like Sears Holding (SHLD) and Macy's (M), HBC too has highlighted that its real estate is an extremely valuable and underappreciated asset. This is is best highlighted by this slide in Hudson Bay' presentation ...
Shark Tank star Barbara Corcoran reveals how getting dumped for her secretary and sending 1 gutsy email helped turn ...
Shark Tank star Barbara Corcoran reveals how getting dumped for her secretary and sending 1 gutsy email helped turn ...
Real Estate Transfers
Here is a list of 79 transfers recorded in Cheshire, Hillsborough and Sullivan counties during the period ending Oct. 20, 2017. Listed below is the date of the deed and the purchase price, based on real estate transfer tax paid. This list does not ...
Is Chicago's real estate bull market running out of steam?
After marching higher for nearly eight years, the Chicago commercial real estate market is shifting from go-go to slow-go. Vacancies in local office, industrial and retail buildings are rising again, and hotels are a little emptier than they were last ...
Real estate porn isn't news
The Oct. 21 Real Estate cover article, “What you can buy for $3 million,” had me seething. The featured houses would make great stories on McMansionHell.com, but such real estate porn cheapens The Post. The Post has good coverage of the ways that ...
TREC Shark Tank Finalists Hook Investments for Real Estate Projects
Millions of dollars, new jobs, housing, and health care are all coming to South Dallas thanks to The Real Estate Council Shark Tank event Thursday night at Gilley's Dallas. Modeled after the hit ABC show Shark Tank, three real estate entrepreneurs ...
Real Estate Roundup: Great Expectations
Pip down. We all have great expectations for our next real estate venture. Whether you're planning a new store, like Sahadi's of Brooklyn Heights, making moves in Carroll Gardens like a particular politico, or or whatever your plans may be. Here's a ...
The good and bad news about the GOP tax plan
The real estate lobby is likely to put up a fight. “Eliminating or nullifying the tax incentives for homeownership puts home values and middle class homeowners at risk, and from a cursory examination this legislation appears to do just that,” National ...
Trump wants tax reform. Could it hurt South Florida real estate?
How could that affect South Florida's real estate market, one of the region's biggest employers? These experts on the local picture weighed in via email: ▫ Christopher Zoller, Realtor with EWM and 2017 Chairman, Miami Association of Realtors: “The ...
Commercial Real Estate, Which Fueled Trump's Fortune, Fares Well in Tax Plan
WASHINGTON — An industry familiar to President Trump appears to have emerged from the Republican tax rewrite relatively unscathed: commercial real estate. For months, commercial real estate developers had been concerned that the tax plan in the ...
Real Estate Briefs: Hot neighborhood, new townhomes and more
The Old Fourth Ward has been ranked one of the 25 Hottest Neighborhoods in America by HotSpot Rentals. O4W placed at number 9 on the list. The real estate website analyzed six different criteria including walkability, transit, budget, entertainment ...
Trump attorney: We'll challenge Mueller if he investigates old real estate deals
An attorney representing President Trump in the ongoing investigation into whether his campaign colluded with Russia said in an interview published Saturday that his team would challenge special counsel Robert Mueller if the probe began looking at ...
Paul Fincher juggling life, career to make real-estate agents better
The Columbus native is a successful real-estate agent who also operates a property investment company with business partner, Garrett Groce. He also owns a 70-acre farm in southern Harris County, where he's building a home and raising a family, which ...
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 Sept. 15, 2017. CITY OF LOCKPORT • 29 Lincolnshire Drive, Rmac Trust /att; Rushmore Loan Management Services -Att; US Bank ...
Real estate transactions: Nov. 6, 2017
$149,900 Gross Benedict F to Alan B and Nora C Ruthig Revocable Florida Real Estate Trust, Ruthig Alan B, Ruthig Nora C; Lakes Unit 105 D; Oct. 24. $147,000 Vk Trevesta LLC to Ih Central Florida LLC; Trevesta; Oct. 25. $145,500 Jp Morgan Chase Bank ...
Caviar Announces Real Estate and Crypto Backed Token, Crowdfunding Platform. Pre-Sale Begins November 28, 2017
Blockchain startup Caviar has announced the launch of its real estate-backed digital asset platform. Caviar's token reduces the risk for backers through diversification of cryptocurrencies and real estate debt, while facilitating crowdfunding of real ...
Man Gets 34 Years in California Real Estate Fraud Scheme
Man Gets 34 Years in California Real Estate Fraud Scheme. A California man who eluded capture for two years before being arrested has been sentenced to more than 34 years in prison for stealing about $3 million in a real estate fraud scheme. Nov. 5 ...
STAG Is The Moneyball Of Real Estate Investing
Commercial real estate is a beneficiary of the proposed Tax Reform bill as many small, medium, and large businesses should see profits grow as a result of the substantial tax cuts. Under our current tax system, it makes more sense for companies to move ...
Banks are far more exposed to risky real estate loans than you think — thanks to this loophole
Last February, Slate Property Group and GreenOak Real Estate landed a $285 million loan from the Blackstone Group to finance the acquisition and condominium conversion of RiverTower, the enormous Midtown East rental building. It was a bold deal: The ...
Real Estate Will Be Fine Under The Tax Cut and Jobs Act
At this point the House Republican tax reform proposal does three things that the real estate industry doesn't like. First, it limits the mortgage interest deduction to $500,000 (down from a million) and to primary residences only. Second, it doubles ...
Make sure you check the credentials of people giving you real estate investing advice
Many a new real estate investor starts his or her career by seeking the guidance of a local real estate agent. The problem is most residential real estate agents know little about real estate investing. What's worse is most agents think they're ...
Department Stores Seek A New Direction, But Selling Real Estate Is Not The Answer
It seems retailers have gotten into selling real estate in addition to their regular store assortments. Macy's is selling some store properties (including part of their Chicago store space, a San Francisco store for $275 million and a Portland store ...
How a real estate company uses blockchain to transform international property deals
Blockchain is transforming multiple industries, including real estate. This summer, one of the first real estate transactions integrating blockchain took place in Ukraine. TechRepublic's Dan Patterson met with real-estate company Propy CTO Alex ...
Real estate investors to Chicago: We're just not that into you
Wherever Chicago ranks with Amazon, it's a middling market in the minds of real estate investors. That's the takeaway from the annual "Emerging Trends in Real Estate" survey, which ranked the Chicago real estate market 42nd among 78 U.S. urban areas, ...