With its upcoming Guoco Midtown mixed-use development, GuocoLand is creating a vibrant urban hub fostering well-being, community and the future lifestyle of the people. At a time when hybrid work arrangements have become the norm and wellness a priority for many, discerning businesses and consumers are on the hunt for real estate that blends functionality
Real Estate
Today (Friday, September 29) is National Coffee Day. More Americans drink coffee on a daily basis (63%) than any other beverage, according to the National Coffee Association. In fact, 62% drink coffee every day, and 70% drink coffee every week. If you tend to grab coffee and espresso drinks at your local coffee shop, you
When economic boom times come to the real estate industry, speed can take priority over precision. Acquisition teams race against the clock, competing against scores of other suitors, making quickness as vitally important as correctly valuing a property. Similarly, a consistent flow of incoming residents during prosperous periods could leave some multifamily owners a bit
If it seems like the primary bathrooms you’re seeing lately are getting larger and more luxurious, it’s not your imagination! According to home improvement platform Houzz in its 2023 U.S. Bathroom Trends Report, they are indeed growing in size. They’re also getting more costly and upgraded with wellness design features. One in five homeowners (22%)
China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A day after China Evergrande’s shares were suspended in Hong Kong, the beleaguered Chinese property firm revealed that its director and executive chairman is under scrutiny over suspected crimes.
The American Dream used to include a house with a white picket fence. And then, at some point, expectations grew larger and more grandiose (perhaps coinciding with Dallas, and Dynasty, two wildly popular prime time TV soap operas with the wealthy, sprawling settings). Some single-family homes rivaled hotels or B&Bs, and had four- and five-car
You might recognize the iconic hallway staircase in this Manhattan townhouse from the hit movie The Devil Wears Prada. That’s because it served as the home of the movie’s fictional character Miranda Priestly. Located on New York’s Upper East Side, the home was originally listed for $27.5 million but recently sold to an unidentified buyer
Affordable housing accounted for approximately 43% of New York City’s $3.91 billion in multifamily sales in 2Q 2023, according to Ariel Property Advisors’ Q2 2023 Multifamily Quarter in Review report. Major mission-driven investors including Nuveen, The Vistria Group, Tredway and Asland Capital Partners in association with Goldman Sachs made sizable affordable housing acquisitions across the
If I knew how, I’d short the real estate market. Right now. Because it’s pretty clear that home prices across the country will be falling for years. The last time this happened, after home prices peaked in 2007, some investors made a killing by shorting the stocks of mortgage companies, Wall Street firms, Fannie Mae
What are the friendliest places in America? The self-storage company Neighbor.com has just released its fourth annual list of America’s 25 Most Neighborly Cities, in honor of National Neighbor Day. The 2023 study ranks U.S. cities based on factors like charitable donations, volunteering, crime rates and more. This year, Madison, Wisconsin has been named the
Our phones, computers, watches and other devices prompt us to download updates to the operating system as often as there is a bug to fix or a new feature to roll out. Bernd Oswald, co-founder and head of business development at the German-Austrian proptech company Gropyus, is on a mission to update housing’s operating system,
Shares of Evergrande have been suspended, Hong Kong’s exchange announced Thursday. The chairman of the embattled Chinese real estate developer has reportedly been placed under surveillance, according to Bloomberg News. Evergrande shares last closed at 32 Hong Kong cents on Wednesday. This is not the first time that Evergrande’s shares have been suspended. Trading was
Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. But, tailwinds in our financial names should help safeguard their bottom lines. Club names Wells Fargo (WFC) and Morgan Stanley (MS) have bright spots in their operations that can offset potential weakness from CRE exposure. We’re optimistic about green shoots
All over the U.S., developers, architects, environmentalists, history buffs, employers, renters, homeowners and countless others are coming to one realization. Adaptive reuse holds the power to transform urban environs like few other projects. The benefits of converting age-old structures to new and different uses are compelling. Adaptive reuse represents a more sustainable means of creating
Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK. Bloomberg | Bloomberg | Getty Images LONDON — London’s office market is in a “rental recession,” according to financial services company Jeffries, who reported that vacancies in the capital’s business hub had hit a 30-year high. Jeffries analysts estimated there had been
Ryan Ratliff (L), Real Estate Sales Associate with Re/Max Advance Realty, shows Ryan Paredes (R) and Ariadna Paredes a home for sale on April 20, 2023 in Cutler Bay, Florida. Joe Raedle | Getty Images News | Getty Images Mortgage interest rates just hit a level not seen since the year 2000. As a result,
Porto Cervo, a seaside resort along Italy’s Costa Smeralda on the island of Sardinia, is exactly what it was intended to be. The central town and surrounding swath of the Emerald Coast were founded by Prince Karim Aga Khan and investors beginning in the 1960s as an upscale tourist destination. The development became a favorite
Former US President and 2024 Presidential hopeful Donald Trump speaks at a Team Trump Iowa Commit to Caucus event at Jackson County Fairgrounds in Maquoketa, Iowa, on September 20, 2023. Scott Olson | Getty Images A judge on Tuesday ruled that former President Donald Trump and his company are liable for fraud by misstating the
Sales of newly built homes fell 8.7% in August from July, to a seasonally adjusted annualized pace of 675,000 units, according to the U.S. Census Bureau. That is the slowest pace since March. Sales were still 5.8% higher than August 2022. The Census count is based on signed contracts during the month, and mortgage rates
Billionaire casino mogul and hotelier Steve Wynn once called this Lake Tahoe estate home. Now, it’s listed by another owner for $76 million. Wynn built this estate, known as The Old Forge – Wynn Estate, in 1994. While the former hotelier, who resigned as chairman and CEO of Wynn Resorts WYNN in February 2018 after
Picture yourself strolling along a cobblestone street lined with centuries-old architecture and views of the sea in the distance. Only you’re not on vacation or in a dream—this is your home. (And it didn’t cost you a fortune.) If you’ve ever dreamed of buying an affordable house in a foreign country and moving there to
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