Real Estate News

Real estate News 06/2018



To Gauge Long-Term Health of a Real Estate Market, Look Beyond Sales Prices
When gauging the health of a real estate market, it's tempting to focus on sales numbers, and median and average prices. But to determine the resiliency of a location, and the potential for returns on investment, there are indicators beyond sales ...
Real estate transfers: May 21 - 25
LUCAS COUNTY. 43412. Commercial. Hunter Waudell W Jr & Sally S to Hummel Michael L, 10905 Corduroy Rd, Curtice, $1, (5/21). Plath Walter A to Mcdonald Thomas M, 10905 Corduroy Rd, Curtice, $900, (5/23). Anchor Point Boat-a-minium Association to ...
Six Ways To Find More Cash Buyers For Your Real Estate
They say “cash is king” when it comes to real estate. For those try to sell homes and flip houses, it's cash buyers who rule. They are vitally important in the current market and can make moving property far easier. So how do active real estate ...
TIAA arm wants to sell 49% stake in 470 PAS
Norges Bank, which controls Norway's $1 trillion sovereign wealth fund, became a co-owner in 2013 when it partnered with TIAA on a $1.2 billion portfolio of East Coast real estate. The company has two other Manhattan buildings on the market: the 49 ...
Netherlands' Land Registry to Test Blockchain Solution for Real Estate
The Netherlands' Land Registry is expected to test blockchain technology for national real estate data, local tech platform Computable reported Thursday, May 31. Koen Huisstede, an enterprise architect at the Land Registry, has said that the ...
Real estate news: Irvine-based Bascom Group buys apartment community in Denver for $92.5 million
The Bascom Group in Irvine has acquired Modera at Observatory Park Apartments, a new 275-unit infill apartment community in Denver. The $92.5 million acquisition closed May 24. Charles Halladay and Jamie Kline of Holliday Fenoglio Fowler arranged the ...
Should Real Estate Investments Change in Light of the New Tax Laws?
By Max Sharkansky. Uncertainty regarding the influence of the Tax Cuts and Jobs Act on investment strategies has proliferated both before and after the bill took effect at the beginning of the year. That said, the consensus has generally been that this ...
Litter on a stick? Real estate agent gets $2750 fine for too many open house signs
Jerry Del Mauro hoped to score a $1.4 million sale last month when he staged an open house near the water in Huntington Beach. Instead of a sale, the Re/Max agent got a $2,750 fine for putting out too many open house signs. Del Mauro said he had no ...
Real Estate Sign Swallowed Up By Superstorm Sandy Washes Ashore in France
In all the chaos of Superstorm Sandy, one lonely real estate sign was ripped from a Jersey Shore lawn and churned out to sea, where it rolled and bobbed all the way to France. More than five years after the devastating tempest touched U.S. soil, part ...
This week in celeb real estate: Western White House re-listed at discount, a Malibu pad leases for $6M…and more
Just a few miles outside of L.A., a mansion fit for a president went on the market this week. La Casa Pacifica, as it was called by its former resident, Richard Nixon, was listed for $63.5 million, down from $75 million. The former president owned the ...
Top 100 in Real Estate 2018
Welcome to the gold standard in identifying the highest performers in Hawaii's residential real estate. In our main list, Hawaii Business lists the Top 100 in Real Estate based on the sales prices of transactions that closed in 2017. We also rank the ...
Can a Co-op Take Photos of Your Visitors?
“There is nothing inherently illegal with requiring someone to register and have his or her photo taken,” said Lisa A. Smith, a real estate lawyer and a partner in the New York office of the law firm Smith, Gambrell & Russell. None of us have much ...
Real estate embraces the digital era in creative ways
One innovative developer in the Seattle area with ties to Santa Clara's real estate school is already deploying creative new design. Main Street Group's newest development in Downtown Bothell, The Junction Apartments, is a thoughtfully developed six ...
Denver-area real estate agents face challenges from DIY buyers and sellers and low-cost competitors
The process of buying and selling homes is now immersed in technology — from website listings and real-time texts and video chats to 3-D virtual reality tours and electronic signatures — which raises this question: Why hire a real estate agent or ...
Reality Realty: Hitting the real estate jackpot with HGTV host David Bromstad
Reality Realty: Hitting the real estate jackpot with HGTV host David Bromstad. By R. Daniel Foster. Jun 02, 2018 | 5:30 AM. Reality Realty: Hitting the real estate jackpot with HGTV host David Bromstad. Bromstad says his taste doesn't always match that ...
Panel: Medical marijuana and the real estate industry
As New York grows its medical marijuana program, what are the opportunities for the Westchester County real estate industry? That was the question posed in a panel May 30 that The Business Council of Westchester President and CEO Marsha Gordon ...
Chinese, Koreans among biggest real estate investors
The party keeps on going over at Go Go International Realty. Kit Li, who works at the Flushing realtor, says she has sold one home to a family named Yang and “at least three” to those named Chen. Of her clients, she says, some 99 percent are Chinese ...
Real estate transactions for Sunday, June 3, 2018
KBR Real Estate, LeClaire, to Zamudio, Veronica, East Moline; 387 22nd St., East Moline; $105,000. JICTB, Champaign, Ill., to Woods, Barbara, East Moline; 820 19th St., East Moline; $19,000. Bush, Marilyn C., trustee, Milan, to Murdock, Randy and ...
Residential real estate transfers, June 3
Lanoha Real Estate Co. Inc. to LPC Properties LLC, 22001 Kent Circle, $89,250. VanHoozer, Vance R. II and Rakes, Shelley M. to Reinke, Andrew, 20905 Plum St., $230,000. Lonetree Holdings LLC to OELCO LLC, 20158 Miami Circle, $40,000. Lonetree ...
Real estate logic
Restaurants in their start-up phases have issues. The partners often don't get along in their early “shakedown cruise” years, with awkward ownership structures. That came up during our “due diligence.” I am a writer with no history in commercial real ...
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 27. ALDEN • 1254 East Laray Drive, Jean M Winney Living Trust 051894 Tr to Joshua J. Winder; Roy B. Winder; Sandra L. Winder, ...
Real estate records, 06/03/18
Legrande, Norman H Revocable Trust to Andrew Ross Real Estate LLC, 2401 S 9th St., $215,000. Lesoing, Melvin E Life Estate to Ehrke, Todd A & Megan A, 20123 S 38th St. (Hickman), $38,000. Lesoing, Melvin E Revocable Trust, The to Ehrke, Todd A ...
New Report Demonstrates Robust Competition in Real Estate Brokerage Market
To help show how the hundreds of multiple listing services, or MLSs, promote competition between real estate brokers, to the ultimate benefit of consumers, NAR asked independent expert economist Frederik Flyer to explain how an MLS works in a recently ...
WATCH: Real Estate Update
INDIANAPOLIS (WTHR) - We have all heard how busy the housing market is right now, but not all homes are selling as quickly as others. Berkshire Hathaway HomeServices Indiana Realty Trusted Advisor Greg Cooper shares his expertise on this weekend's ...
Blockchain comes to the real estate industry
“Blockchain is just an efficient way of asset exchange: The assets can be cryptocurrency, stocks, bonds, art or real estate,” said Corbin Page, Shaikh's partner in Meridio, an offshoot of a larger company called Consensys. Blockchain is best known as ...
REAL ESTATE PEOPLE
Rocha Giveback Homes, real estate's social good movement, has named Maria Rocha, a real estate professional at Keller Williams on the Water Sarasota, as a 2018 Advocate for Social Good. Advocates have demonstrated their commitment to giving back ...
REAL ESTATE DEALS
Real estate agent Ron Tarr, of Sunset Realty, represented the buyer. Property at 636 Indian Beach Lane, Sarasota, sold for $1.4 million. Broker/associate Tanya Ferris, of Sunset Realty, represented the buyer. Pamala S. Roberts, trustee of the Don ...
Blackstone Tops List Of Global Real Estate Funds
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards ...
Real Estate Transactions, 5/20-5/26
Grantee: Buffalo Pass Real Estate Holdings LLC. Property: Summit Place A. Cost: $6,500,000. Grantor: Jay P. Davidson. Grantee: Bs Capital LLC. Property: Stonebridge Inn 609. Cost: $57,500. Grantor: Gerald F. Prohaska, Paula R. Prohaska. Grantee: Louis ...
Top 100 in Real Estate Profiles 2018 [Sponsored]
Hawaii Business recognizes Hawaii's top real estate professionals with our 12th annual Top 100 in Real Estate list. Featuring the top real estate agents in Hawaii by sales volume. Learn more about these successful agents and what made them the top ...
Prospective buyers persist in a tough real estate market
Listings for homes for sale have dropped year-over-year for 34 consecutive months, according to the National Association of Realtors, as prospective buyers are likely aware. Yet the most recent Housing Trends Report by the National Association of Home ...
I've been investing in real estate since I was 22 — here's why it's one of the best ways to build wealth
Dana Bull is a realtor and real-estate investor based in Massachusetts. She became a landlord in her early 20s when she bought a condo and rented it out for extra income; she now owns more than a dozen rentals. Investing in real estate is like building ...
Foreign buyers no longer finding deals in California real estate
Local real estate agents say the Bay Area remains a favorite destination — thanks to good weather, schools and several international airports — although it's no longer a bargain even for investment-seeking internationals. The same high prices and ...
BIG Forms Partnership With Global Real Estate Investment Platform, Reitium
Using blockchain and smart contracts, Reitium reduces the legal and accounting costs of facilitating global real estate transactions while increasing the security and trust for all parties involved. “We're excited to add Reitium to our growing list of ...
Commercial Real Estate Growing More Diverse
CHICAGO—Not so long ago, most commercial real estate firms were behind their counterparts in other industries when it came to fostering diversity. But a sea change has come over the real estate industry, and most firms have decided that to fully ...
Get in the real estate business
American Real Estate College is one the Top Real Estate Schools in Denver! A Colorado Real Estate School, Best American Real Estate License College, Top Continuing Education, CAM Licensing Exam Prep Classes & Training. Get $100 Off Registration, ...
DCT real estate closing Denver HQ and laying off nearly 60 people as it joins Prologis
DCT Industrial Trust is closing its Denver headquarters just months after Prologis Inc. acquired the logistics real estate company for $8.4 billion in April. As part of the permanent shutdown, DCT said it notified between 55 to 59 employees that they ...
The World's Most Well-Traveled Real Estate Sign
... different things to different people. Its creators have spun the find into a tongue-in-cheek marketing opportunity. “Having our signage wash up in France… truly proves that Diane Turton, Realtors is a global real estate company,” they wrote on ...
Danforth: Real estate logic
Restaurants in their start-up phases have issues. The partners often don't get along in their early “shakedown cruise” years, with awkward ownership structures. That came up during our “due diligence.” I am a writer with no history in commercial real ...
North Bay commercial real estate leases & sales transactions
Here are the latest business leads from commercial real estate leases and sales in San Francisco North Bay counties of Sonoma and Marin. LEASES: square footage at address, city; property type; tenant; procuring agent; owner; listing agent; deal date ...
Meet a record-setting real estate agent
Real estate agents are known for rewarding each other with “top producer” recognition and awards for achieving milestones. But there's only one real estate agent who has been named “Number One” in the world by Guinness World Records: Ben Caballero, ...
13 must-read blogs for real estate teams
Many team leaders struggle with time management — conferences and training, while enjoyable and invaluable, are difficult to attend when time is so limited every day. So where do these professionals turn when they need to fill in the gaps between ...
The top 10 biggest real estate projects coming to NYC
A mixed-use affordable housing development in the Bronx was the largest project filed with the city in May. Jorge Madruga's Maddd Equities is planning a roughly 274,000-square-foot development at 1164 River Avenue. The 17-story building will contain ...
JLL Launches £75 Million Tech Fund amid “Containerisation” of Real Estate
US professional services company JLL today launched a new global venture fund. The $100 million (£75 million) JLL Spark Global Venture Fund will invest in companies pioneering the use of technology in the real estate sector. The launch comes amid what ...
Three Ways Real Estate Asset Managers Can Minimize Interest Rate Risk
When wages showed strong growth earlier this year, it sparked investor concerns that the Federal Reserve will pick up the pace of interest rate increases. It led to a stock market selloff as investors panicked about whether higher borrowing costs would ...
The Richest Self-Made Woman In Real Estate Shares Her Best Advice
How did Dottie Herman become the richest self-made woman in real estate? As CEO of Douglas Elliman, Herman sits at the helm of one of the nation's oldest and largest real estate brokerage firms with approximately $27.4 billion in annual sales volume ...
Tawan Davis Brings Social Responsibility to Urban Real Estate
What's the difference between urban development and gentrification? In practice, there is often none at all. But in conversation, perhaps at a recently opened Starbucks in what used to be a forgotten vacant building on an overlooked block ...
What Apple's new rollouts mean for real estate
With the latest Apple update, real estate agents and homebuyers will be able to view a home from different locations at the same time. On Monday, Apple kicked off its annual Worldwide Developers Conference (WWDC), showing new software for devices ...
'Proptech' firms angle for riches in US real estate market
NEW YORK (Reuters) - New technology such as machine-learning algorithms coupled with improved heating and cooling units that can be controlled by software helped cut electricity consumption at Rudin Management, a large New York City landlord, by 41 ...
Who controls the data that fuels real estate deals?
Ten years ago, the Department of Justice and Federal Trade Commission put into place a consent decree to remove anti-competitive practices from the real estate brokerage industry. That agreement is set to expire in November, and the agencies are using ...