Real Estate News

Real estate News 10/2018



Will Automation in the Warehouse Sector Affect Real Estate Needs?
Automated warehouses manned at least partially by robots are likely to become mainstream in the future, as warehouse tenants look for ways to overcome a growing labor shortage. Online giant Amazon is already using robots made by Kiva—square-shaped, ...
Tax on foreign buyers sends UK real estate stocks tumbling
House builder stocks listed on the FTSE 100 shed value on Monday morning after the U.K. government announced plans to introduce an additional tax on foreign buyers of British property. A rise of up to 3 percent in stamp duty is to be paid by any ...
Why the housing industry should fear Amazon
For an e-commerce giant, Amazon has sprawling roots in commercial real estate, with its massive warehouses, Whole Foods footprint and splashy cashierless and 4-Star stores. Now, Amazon (AMZN) is making its foray into residential real estate. Last week ...
Cherre raises $9 million for AI real estate data management
In 2016, he founded Cherre, a New York-based real estate data startup that leverages artificial intelligence to resolve property data from thousands of public, private, and internal sources in real time. It today announced a $9 million seed funding ...
The faultlines in retail real estate
Second quarter mall rents fell 4.6% from the first quarter and 7.1% year over year, hit by major store closures from Toys R Us, Sears and J.C. Penney, according to a trend report from commercial real estate firm JLL. Mall vacancy rates hit 4% during ...
How much? Tioga County real estate transactions
James Breuer sold Vanderpool Road to One Commonwealth Associates LLC for $38,892 on July 19. Erik Thomas sold 61 Paxton Lane to Justin Wilcox for $37,300 on July 20. Newark Valley. Estate Of Mark W. Rupert sold 1471 State Route 38B to Bryan ...
Actor Edward Norton sheds some real estate on Malibu's Las Flores Beach
Veteran film actor Edward Norton has called it a wrap on Malibu's Las Flores Beach, selling his home in the beach community after more than a decade of ownership for $4.395 million. The oceanfront retreat is prime for income potential with a split ...
Cherre raises $9 million to help investors buy real estate using AI
“In less than a year since formally launching its platform, Cherre has already revolutionized the way financial institutions, insurance companies, real estate brokerages and other large businesses process and analyze massive stores of data every day ...
Do your due diligence to maximize the terms of your real estate deal
When purchasing a commercial property, there is a lot of “homework” that a buyer should do, both before and after signing an agreement of sale. When buyers do preliminary due diligence before signing an agreement of sale, they can avoid costly ...
Maine Commercial Real Estate: September Transactions - Portland ...
Maine Commercial Real Estate: September Transactions - Portland ...
Manhattan real estate is now in a year-long correction
What started as a blip is now a year-long slump for Manhattan real estate. And it shows no signs of turning around. Total real estate sales in Manhattan fell 11 percent in the third quarter compared with a year ago, marking the fourth straight quarter ...
Berkshire Hathaway: Cornering The Texas Real Estate Market
Berkshire Hathaway has been expanding its real estate portfolio for several years now. Berkshire's HomeServices of America bought Ebby Halliday. By buying Ebby Halliday Berkshire has built upon its position in Texas and has started to corner the ...
Recent Commercial Real Estate Transactions
A New York-based real estate investment firm has bought a 2,325-square-foot retail condo, occupied by Shape House, a sweat lodge where clients can sit and burn calories, on the ground floor of this 10-story building in the Flatiron district. The ...
Why Now Is The Time To Act In The Manhattan Real Estate Market
Philosophically speaking, real estate investment, like any type of investment, is all about the flow of time. Investment is the art of learning from the past to define the action to be taken at present, so that you can benefit from it in the future. We ...
Sale by owner: Website provides DIY model for real estate
A company that has offices in Lancaster and Jenkintown, aims to connect home sellers with those looking for new digs has launched a real estate platform that is aimed to replace a traditional real estate agent. Ryan Harris has founded Noodigs, a self ...
SoftBank's $400 Million Bet on Real Estate
And a big part of the story here is indeed SoftBank, which has aimed its T-shirt cannon filled with term sheets toward real estate. It has invested $8 billion in start-ups in the industry since 2017, the Journal calculated. SoftBank's view of the world ...
How Real Estate Segregated America
In a year of many anniversaries, two in particular stand out with respect to the housing crisis facing the United States today. The first is the passage of Title VIII of the 1968 Civil Rights Act, more commonly known as the Fair Housing Act. In some ...
Real Estate, Real Money
We usually only do stocks and bonds, but I (personally) am interested in real estate investing. I'm starting to do research, and it looks really promising, but with our investment club, I would have to get other members on board if we invest in real ...
NYC real estate continues to fall
Privacy Policy. © 2018 CNBC LLC. All Rights Reserved. A Division of NBCUniversal. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Data also provided by ...
How much? Steuben County real estate transactions
Peterson Real Properties, LLC sold Steamtown Road to Bryan W. Wakefield for $240,000 on July 19. Riverside Village. Michelle Kay sold 10 Townsend Ave. to Mason Dupre for $140,000 on July 17. Urbana. Janice E. Tyler Estate sold 8006 Back Valley Road ...
Real estate experts say Prizker's toilet troubles could be criminal
Real estate experts say J.B. Pritzker, Democrat candidate for Illinois governor, may have some serious legal problems stemming from a leaked report outlining how he allegedly manipulated Cook County's tax system to lower his property tax bill. The ...
These 3 mansions are Birmingham's most expensive real estate
It's fairly easy to spend $1 million on a house in tony Birmingham. A recent peek at Zillow.com showed 64 houses listed at $1 million or more within the Birmingham city limits. (In comparison, there are only two houses listed for more than $1 million ...
Guilford real estate firm brokers 3 Shoreline luxury home sales
The market for oceanfront luxury homes remains hot, if three sales brokered by Guilford-based realtor Page Taft are any indication. Realtors for the firm brokered three sales — in Guilford, Madison and Old Lyme — in excess of $1 million, according to ...
Core Real Estate Investment Is Dead
In its paper "Core real estate in a disruptive environment," UBS outlined how changes in society are rapidly feeding through to the way people use real estate, and that this poses a challenge to traditional core institutions investors like pension ...
A First For Manhattan: $30M Real Estate Property Tokenized With Blockchain
With blockchain tokenization, we can remove the unruly pressure of traditional bank financing, which is much healthier for the project and all of the stakeholders. Tokenization is paving the way for a new forefront in real estate development,” Serhant ...
Green Bay Packers Join NFL Blitz Into Real Estate Development
“These projects exemplify these professional sports as an industry is changing,” said Jeffrey O'Brien, a real estate attorney at Chestnut Cambronne in Minneapolis. Big screen televisions and social media have made it easy for fans to engage from the ...
Packers join NFL blitz into real estate projects
Mark Murphy watched his Packers defeat the Buffalo Bills at Green Bay on Sunday, then by Monday the team's top executive was turning from helmets to hardhats, getting ready to unveil the next piece of the team's real estate project next door. The ...
World Trade Center Builder Silverstein Expands Into Real Estate Lending
(Bloomberg)—Silverstein Properties Inc., the developer of prominent New York City buildings such as 3 World Trade Center, launched a real estate lending venture to profit from what it sees as a financing gap left by banks. Silverstein Capital Partners ...
How to build your connection with real estate agents
As a landscaper, there's a substantial market to tap into when it comes to real estate. Real estate agents are always looking for ways to sell a home faster and for the highest value possible. People will always need housing, and by earning the trust ...
Transwestern, Virtus Real Estate team up on west Houston medical office investment
Transwestern Investment Group and Austin-based Virtus Real Estate Capital have acquired a 114,413-square-foot office building at 2051 S. Greenhouse Road in west Houston from The D'Agostino Cos. The three-story building will be repositioned as a ...
Senators Seek Probe of Money Laundering in Real-Estate Market
Two U.S. senators are seeking a congressional probe into the risk of money laundering in the real-estate sector. Sens. Chris Van Hollen of Maryland and Sheldon Whitehouse of Rhode Island, both Democrats, sent a letter Wednesday to Gene Dodaro, head ...
Jay Kislak, 96, real estate mogul with passion for history, dies
Paula Kislak, his daughter and chair of the Jay I. Kislak Foundation, told The U News earlier this year that while her father's real estate business ventures thrived in their home state of New Jersey, her family celebrated when they moved to Florida ...
The 10 Largest North American-US Real Estate Debt Funds To Close In The Last Decade
Alternative lenders have become a dominant force in the commercial real estate debt market following the financial crisis of 2008. Their ability to quickly deploy capital and originate more creative loans with flexible underwriting standards have made ...
Wildfires don't hurt hot real estate markets
McCoy and his team analyzed real estate data from nearly 360,000 properties across eight Colorado Front Range counties, which experienced 18 severe wildfires between 2000 and 2012. They compared the prices of similar houses located in high- and ...
Real Estate As A Portfolio Diversifier?
It seems like we're working our way through the Ritholtz Wealth team's posts recently, spending a bit of time on Barry's views on disappearing Hedge Fund Performance, and then reading with interest Ben Carlson's questioning post recently: "Is Real ...
New To Commercial Real Estate? 10 Major Differences From Residential Property Investments
Real estate investing often comes down to one big question: residential or commercial space? While residential investors may think they have the knowledge and skills to enter the commercial real estate(CRE) game, there are many differences between the ...
Despite Shifts, Real Estate Agents Can Still Make The Most Of Facebook Marketing
There is one thing that real estate agents should keep in mind about Facebook: a fairly substantial shift in how the platform works. As of August 15, Facebook's Partner Categories are no longer available for new campaigns, and as of October 1 ...
HSBC bolsters infrastructure, power and real estate teams in expansion drive
HSBC hired Christian Hepp from Jones Lang LaSalle as global co-head of real estate, and Giulio Hoffmann as managing director for power, utilities & renewables from Macquarie. They will both be based in London. Four other hires will specialize in ...
Financials And Real Estate Dashboard - Update
Valuation metrics in financials and real estate. Evolution since last month. A list of stocks looking cheap in their industries. This idea was discussed in more depth with members of my private investing community, Quantitative Risk & Value. Start your ...
Houston County real estate transfers Sept. 24-27, 2018
Diversified Real Estate Development, John M. Watford and Betty S. Watford, 151 and 153 Heyward Drive, $24,000, 09/26/18. Steven W. Chambers and Toni M. Chambers, Private Holdings LLC, 209 N. Cherokee Ave., $185,000, 09/26/18. Wells Fargo Bank ...
Goldman bullish on brokers in commercial real estate sector
Heading into Q3 earnings season, Goldman Sachs favors brokers in the CRE sector. "Brokers appear to have the lowest expectations going into earnings due to the smallest multiple expansion of any subsector for the year to date," according to the firm's ...
Is Kanye West making big moves in real estate development?
Pair this with West's recent announcement that he is moving back to Chicago, one could speculate that his development plans are beginning to lay a foundation for him to enter the market. So, if West is pursuing real estate development for affordable ...
Dan River Region real estate transfers
Dan River Region real estate transfers · Amazon's $15 an hour a win? Not so, some veteran workers say · Three council members partner with Ballad Brewing to craft fundraiser for nonprofit · 5 things to watch for in Friday's monthly US jobs report ...
Welcome to Real Estate Friday!
Weekly real estate transactions for Berkshire County and northern Litchfield County · Market Perspectives – In the second quarter of 2018, all signs suggest the market is starting to come back, according to the CEO of William Pitt and Julia B. Fee ...
The Real Estate Developer Building Italy's Rival to Canary Wharf
Manfredi Catella's office is surrounded by the skyscrapers, shops, residential buildings and public spaces that make up Milan's Porta Nuova development. His family firm Coima developed the 2 billion euro ($2.3 billion) mixed-use project in a joint ...
Real estate: Americans believe it's a good time to sell, but process worries buyers
A recent National Association of Realtors survey found a record 77 percent of American believe now is a good time to sell, while those who think now is a good time to buy continues to decline. NAR's third quarter Housing Opportunities and Market ...
Real estate briefs: Medical office deal in west Houston; land sales in Katy, Waller, Angleton
Transwestern Investment Group and Virtus Real Estate Capital have acquired a 114,413-square-foot office building at 2051 S. Greenhouse Road from The D'Agostino Cos. The property will be repositioned as a medical office building. Kevin McConn, Rudy ...
Real estate transfers: Sept. 24-28
LUCAS COUNTY. 43412. Residential. Cedoz Michael R to Cedoz Jordan G, 8504 Jerusalem Rd, Curtice, $130,000, (9/27). 43434. Residential. Manning Mary J to Hipp John, 406 W Harbor View Dr, Harbor View, $0, (9/26). Manning Mary J to Hipp John, 408 ...
A Window Of Opportunity: OZs Are Ripe For Real Estate Investing
For the first time in history, a vacant parcel of land on the Lower East Side of Manhattan has a common economic thread with low-income areas in Idaho. They are among the nearly 9,000 census tracts that have been designated Opportunity Zones by the ...
Real estate markets look to grow in 2019
According to David Horowitz, commercial real estate adviser at Avison Young in Cleveland, and David Leb, sales associate at Cushman & Wakefield | CRESCO Real Estate in Independence, the market will ride the growth wave well into 2019. “The last few ...