Real Estate News

Real estate News 11/2018



The Political Races Real Estate Pros Should Watch
As Democrats face off on several competitive House and Senate races in the midterm elections, there is a chance they could seize control of Congress and push through an agenda that prioritizes infrastructure and tax reform, shaking up real estate ...
Technology Will Provide The Edge To Make Urban Real Estate Scalable
The fast-paced advancement of computing technologies and concurrent boom of data have combined to increase the capabilities and efficiency of the analytics industry. In the real estate sector, sharpened analytics translates to an increase in volume, ...
Five Impactful Mistakes New Real Estate Entrepreneurs Should Guard Against
In growing the platform, we've come up against many of the trials and tribulations that newcomers to real estate investing may be facing in scaling their own platforms. In reflecting on those growth experiences, certain topics tend to appear over and ...
Best Real Estate Deals (BRED)
MBJ is pleased to announce a new recognition for brokers, tenants, landlords, lenders and other professionals in the Memphis business community: BRED, or Best Real Estate Deals, which honors the biggest, most expensive, complex, exciting and ...
Seattle's Cooling Real Estate Market Could Be a Warning to Homeowners Elsewhere
Seattle has been one of the hottest real estate markets in the country for years. But for the first time since 2014, homes in that area are selling below their listing price. And that slow down could be noteworthy for homeowners across the country ...
Dallas real estate investor looking for $250 million in property buys
Founded by Schoellkopf and his partner James Mason, Four Rivers Capital has invested in a variety of real estate ventures. It's a partner with the Weir family in the redevelopment of the Weir's Furniture block in Dallas' Knox Street district on the ...
Controversial real estate giant backs Senate Democrats
More than half – $100,000 – has still gone to Jobs for New York, an independent expenditure committee run by the powerful Real Estate Board of New York, an industry trade group. Jobs for New York has been spending so far this year to again help the ...
Top D-FW commercial real estate deals for the week of Oct. 29
Richmond Collinsworth, Elizabeth Robertson and Jared Lake of Bradford Commercial Real Estate Services negotiated the lease with Kent Smith of NAI Robert Lynn. Rush Cycle has leased 2,250 square feet of space at Stonebrook Tollway Retail Center at ...
Welcome to Real Estate Friday!
Transformations – To refurbish the dining room at Canyon Ranch Lenox, Designer William Caligari found the world-class craftspeople he needed right here in the Berkshires! Weekly real estate transactions for Berkshire County and northern Litchfield ...
As the Real Estate Cycle Winds Down, Suburban Office Assets Might Be a Good Bet
As this real estate cycle matures, suburban office markets are showing greater promise. They offer more favorable pricing than many urban markets, while at the same time experiencing continued job growth, limited new supply, positive net absorption and ...
Real estate: Chinese American group's 2018-19 leadership installed
The Silicon Valley Association of Realtors and other members of Silicon Valley's real estate community congratulated the 2018-2019 president, officers and board directors of the Chinese American Real Estate Association (CAREA) at their installation ...
NJ real estate agent found shot to death outside home he was showing in Philly
A real estate agent from New Jersey was found mysteriously shot to death on Wednesday morning in his car outside a home in Philadelphia he was showing to a prospective buyer, authorities said. Orlando Martinez, 54, of Westville, was not robbed and ...
Real estate transfers: Oct. 22-26
LUCAS COUNTY. 0. Utilities. Pennsylvania Lines LLC to Pennsylva- nia Lines LLC, 0, Toledo, $0, (10/24). 43412. Residential. Cr 2018 LLC to Lytten Alex Joseph Lee, 418 Club House Blvd, Curtice, $11,037, (10/25). Cr 2018 LLC to Lytten Alex Joseph Lee, ...
Five Lessons From Jeff Bezos For Real Estate Leaders
As the head of an independent real estate brokerage, I know that it's all too easy to get swept up in the headlines about which firm is doing what and which technology is coming online to simplify this and that. And regardless of how far the real ...
Real Estate Notebook: Gulch vote looms; Jamestown buys Sandy Springs centers
After weeks of public debate over a proposal to redevelop Atlanta's historic Gulch, a process that put the pursuit of Amazon's second headquarters, the city's struggles with affordable housing and the economic disparity of its neighborhoods on display ...
Real Estate Developer Eichner Lists South Beach Penthouse At $48M
Real estate developer Ian Bruce Eichner has listed his penthouse in Miami Beach at $48 million. The unit sits atop one of the two towers he built in the chic South of Fifth neighborhood known as “SoFi.” Keep in mind this is his personal penthouse ...
Real estate office proposes to take over Castro's long-vacant former Volvo Centrum shop
The Agency, a real estate brokerage and lifestyle company, is looking to take over the former Volvo Centrum shop in the Castro (3512 16th St. between Noe and Sanchez streets). The shop has sat empty for more than two years, amidst various proposals for ...
Hazards Of Direct Or Indirect Real Estate Ownership Under An IRA
Under a self-directed IRA, you can control your investments, and the tax benefits of owning real estate in an IRA plan certainly seem appealing at first glance. In a Roth IRA, contributions are made with after-tax dollars, and the earnings on your ...
Real Estate Transfers
Here is a list of 61 transfers recorded in Cheshire, Hillsborough and Sullivan counties during the period ending Oct. 23, 2018. Listed below is the date of the deed and the purchase price, based on real estate transfer tax paid. This list does not ...
Real Estate Investing With Section 199A: Don't Let Your Deductions Fly Out The Window
My August 28, 2018 post discussed how the new Section 199A 20% deduction rules apply for real estate investors and professionals, and referred to certain other rules to be covered in a future posting. You can review that post by clicking here. By way ...
Oil and real estate interests pour money into Petaluma and Santa Rosa races
More than $100,000 from oil and real estate interests has been funneled into city council races in Sonoma County's two largest cities, highlighting how outside groups have ponied up to influence voters in the Nov. 6 election. Of the pair of independent ...
Real Estate Happenings
WHAT: The modern real estate professional needs a toolbox full of nontraditional skills to thrive in a changing real estate landscape, and developing specialized skills is one option to consider. This course explores strategies that improve outcomes ...
After investing big in Miami real estate, these Argentines held in corruption scandal
Municoy, who previously told the Miami Herald that she knew nothing about the multimillion-dollar transactions and had “nothing to do” with the properties, is now cooperating with prosecutors and sharing information about how Muñoz acquired the real ...
Millennials would rather buy real estate from an influencer than an agent
If you're trying to help a millennial with real estate, you might be better off being an influencer than an agent. A recent Engel & Völkers study found that 80 percent of millennials would consider hiring an influencer as a real estate agent, according ...
The Cheapest Way To Own Real Estate Right Now
Originally published on Oct. 16, 2018. Most think of it as the "bull market in everything." But the past decade has been anything but a bull market for my favorite sector. In fact, prices today are sitting at 2006 levels… and this despite the most ...
Auctioning real estate versus listing with Realtor
To say there are a lot of moving parts to a real estate transaction would be an understatement. Selling your home or other property can be a daunting task and one not to be taken lightly. The help of a professional who deals solely in these types of ...
Realtor of the Week: Second career in real estate proves prosperous
Rob Ginn, a Realtor with John Daugherty, Realtors, owned his own restaurant for more than 20 years before returning to real estate. “When I was in college at Texas Christian University, I was interested in real estate and obtained my license. Yet ...
Real estate transactions for Sunday, Nov. 4, 2018
HENRY COUNTY WARRANTY DEEDS Atkinson, village of, to Lotridge, Charles, Lot 18 of West View Estates subdivision in the village of Atkinson, part of outlot 4 in the original town of Atkinson in the NW quarter of Section 34, Township 17N, Range 4 East of ...
Real estate transfers: Reported Nov. 4, 2018
Evelyn M. Russell Estate, Carrie Louise Miller, executor, property at 1231 N. Fifth St., to Carrie Louise Miller. Mary Ellen Lohman Estate, Edward J. Lohman, executor, property at 1818 State St., to Edward J. Lohman. Michael David Newberry, property at ...
Fearing rent control, Portland real estate developers back Loretta Smith
In the race for a seat on the Portland City Council, candidate Loretta Smith has quietly earned financial support from a key set of local power brokers: real estate developers. That support has comes during the run-up to Tuesday's election, which many ...
How Recession-Proof Is Real Estate?
A growing chorus of economists predicting the U.S. economy will enter recession territory in the next two years, coupled with signs of a cooling housing market, may have many in the real estate industry wondering if they should batten down the hatches ...
St. Louis Park real estate data giant WolfNet embraces AI
From the scraps of that failed venture, MacIntosh has spent the past two decades building one of the most influential real estate companies you have never heard about: WolfNet Technologies, which now manages and processes property data and photos for ...
How much? Tioga County real estate transactions
Real estate transactions for August 12-18. TIOGA COUNTY. Barton. James Parente sold Reeves Road to Lon Ovedovitz for $29,000 on August 14. Thomas King sold 125 Hollenbeck Road to Donna Thibault for $139,900 on August 16. Lisa Millard-Compton ...
How much? Tompkins County real estate transactions
Estate Of Tatyana Duval sold 25 Janivar Drive to Jenna Hye Ryung Lee for $275,000 on August 13. Arleo Real Estate, LLC sold Warren Road to 1435-1439 Marchuska, LLC for $470,000 on August 15. Trumansburg Village. Andrea Lajoie sold 50 Hector St. to ...
Trends in luxury real estate: how data will help you win more business
The luxury real estate market is rich — with opportunity. But the price that today's luxury agent must pay to play in this segment isn't just in dollars. It's in data. The high-net-worth and ultra-high-net-worth markets are more vibrant than ever with ...
Real estate sales for BI slow in 3Q
The third quarter of 2018 saw an expected slowdown in the Big Island's real estate market, but real estate agents remain optimistic. Multiple listing service data for the Big Island indicates an overall decrease in residential and vacant land sales ...
Wall & Main: Is the Massachusetts real estate market peaking?
Boston-based real estate data firm The Warren Group reported that Worcester County enjoyed a strong increase in prices in the year ending September 2018. But my Oct. 30 interview with its president and CEO Tim Warren makes me think that with stock ...
Foreign investment in residential real estate drops in Florida
Hurricane Michael simultaneously devastated the local real estate market and set the stage for the most robust real estate market Bay County has seen in years. The canopy of trees that set the area apart mixed with the 155-mph winds Michael wrought has ...
Out-of-town investors pour cash into Knoxville real estate
“Built by Knoxvillians but owned by out of town investors.” That has been a common trend in commercial real estate in the last decade and the trend is continuing. Some of Knoxville's most iconic buildings - First Tennessee Plaza, Riverview Tower ...
How Brookfield Imagines The Future Of Retail Real Estate
Retail real estate assets owned by Brookfield perform better than national averages, and most of them offer meaningful growth opportunities. Strategy for enhancing their values was clearly outlined by the management. BPY trades at a 35% discount to NAV ...
Digital Real Estate Services Will Drive Growth For News Corp In Fiscal 2019
In fiscal 2018, the company's revenues grew 11% year-over-year (y-o-y) to $9 billion, primarily due to continued growth in the Digital Real Estate business and broad growth in other segments as well. News Corp consolidated Foxtel and Fox Sports ...
The 25 Most Powerful Real Estate Figures in Los Angeles
Selecting a mere 25—or, 26, if you count our honorable mention, Elon Musk—individuals who represent the power players in commercial real estate in a city as vast and diverse as Los Angeles is a daunting task. A fool's errand, perhaps, but also an ...
Former Fort Worth real estate instructor gets 13 years for $1.2M ...
Former Fort Worth real estate instructor gets 13 years for $1.2M ...
JLL subsidiary makes big move into commercial real estate debt
LaSalle announced Monday that it entered into an agreement to make a majority acquisition of the $1.2 billion debt fund business of Latitude Management Real Estate Investors, a commercial real estate lender. Latitude provides short-term, floating rate ...
New Orleans real estate transfers for Oct. 6-12, 2018
Aubry St. 1834: DiTech Financial LLC to LNL Real Estate LLC, $91,000. Brevard Ave. 7351: Federal National Mortgage Association to Comeshia Hunt, $121,014. Burgundy St. 6022: Lillian Selby to Tenetian Taylor, $232,900. Burke Road 39674: Succession ...
One home got 14 offers. Another, none. What's up with Sacramento's real estate market?
A spacious Rocklin home sits on the market for weeks with no offers. At the same time, a tiny bungalow in South Land Park gets 14 offers immediately. What gives? The Sacramento real estate market has officially softened. Buyers are choosy, seemingly ...
D-FW retail property firms join forces to grow
"With NAI Robert Lynn becoming a dominant force in retail landlord representation in D-FW with over 375 retail listings, I'm excited to grow the tenant representation side of the business," said Josh Mann, formerly principal of Street Commercial Real ...
How to Invest in Real Estate Without the Headaches
Among all of the asset classes available to the average investor, physical real estate stands alone with its beautiful simplicity. After all, the tangibility of such property — and its straightforward path to income generation — is unique in today's ...
Recent Commercial Real Estate Transactions
$63/SQ. FT. $816,795 approximate annual rent. 250 West 54th Street (between Broadway and Eighth Avenue). Manhattan. A 10- to 15-year lease is available for the entire ninth floor in this 12-story 1911 Midtown West building, which has a doorman, two ...
The State Of Greater Hartford Real Estate
A slowdown of the real estate market isn't unusual this time of the year. The changing seasons, and back to school routine and upcoming holidays are a time when home sellers may choose to take their house off the market until next spring. Many buyers ...