A nearly 80-acre waterfront property in North East, Maryland, with a 14-acre working vineyard and six buildings, has numerous possibilities. The property sits on the Elk River in the northeastern part of the state, in a rural area surrounded by farms and other vineyards. The owner currently uses the property as a wedding and event
Real Estate
Most major automakers have followed Tesla’s lead into the world of electric vehicles, probably with more to come. California has banned internal combustion engines, effective in 2035. Assuming these trends continue, they will ripple into how developers build commercial real estate projects and how owners will manage and operate them if they want to stay
Sometimes it’s hard to start over with a completely clean slate. But, with housing, that’s the opportunity and that’s what Veev’s CEO and co-founder Amit Haller did when he launched the company in 2008 and what he has continued to do every day since. Reimagining housing without the normal dictates of stakeholder operations has allowed
The great home price deflation is already upon us. Prices in some parts of the country are already down ten percent from the peak in May-June of 2022 and will drop more – maybe another ten percent. In this situation it’s best for investors to sit on the sidelines for a while, at least until
Indian Creek in Miami-Dade County is considered one of the most expensive and exclusive neighborhoods in the United States for its multi-million-dollar mansions and high-profile residents, ranging from billionaires to celebrities and athletes. Indian Creek, a village tucked between Bal Harbour and Miami Beach, has 41 residential homes, a private country club, and advanced security.
Indian Creek in Miami-Dade County is considered one of the most expensive and exclusive neighborhoods in the United States for its multi-million-dollar mansions and high-profile residents, ranging from billionaires to celebrities and athletes. Indian Creek, a village tucked between Bal Harbour and Miami Beach, has 41 residential homes, a private country club, and advanced security.
kali9 Young adults in the United States are taking longer to reach “key life milestones,” including financial independence from parents and living on their own, compared to four decades ago, according to a Pew Research Center analysis released on Tuesday. In 2021, adults who were 21 were less likely to have a full-time job; be
The Boerum Hill brownstone one-bedroom rental was small but nicely renovated. At the first open house, there were 15 appointments. Most of those renters made offers, some in excess of the $3,500 monthly asking price. The Upper West Side townhouse, renovated for sale, received an offer to rent for $35,000 before the renovation was completed
Battersea Power Station, a working coal-fired power station from about 1930 to 1980, is breathing new life into a section of London on the south bank of the Thames. The often-filmed landmark with its four towering chimneys is being transformed into a mixed-use neighborhood where high-end shops, bars and restaurants are enjoyed by residents, locals,
No real estate is perfect. That statement becomes especially clear when a seller wants to sell. Buyers will seize upon every imperfection, issue, and little piece of hair on the asset as the basis for a price reduction. Looking ahead to that process, a seller can choose from a few possible strategies. As one strategy,
History, luxury and charm all come together at an updated villa on the market in the rolling hills outside of Buonconvento, Italy. Near the city of Siena, the area is the epitome of traditional Tuscan countryside with sunflower fields, stone farmhouses and cypress-lined roads. The villa is on part of the ancient Castelnuovo Tancredi estate,
Contractors work on concrete slabs in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage crossed over 7% on Tuesday, according to Mortgage News Daily. That is the highest
A major activist investor is betting stalled return-to-office plans will stir up more trouble in commercial real estate. Land and Buildings’ Jonathan Litt has been shorting REITs with high office space exposure for three years, and he has no plans to shift gears. “If you have no rent growth and your vacancies are going up
Family businesses large and small, whether involving real estate or anything else, often use a limited liability company as the ownership vehicle for the business. The founder of the business will often maintain a controlling position in the LLC, while other family members receive only an “economic interest”—the right to receive money and enough information
“New products are enhancing the outdoor ‘gathering story’ – pizza ovens, fire pits, outdoor movies, games, scenes,” according to a new study just published in May by the National Kitchen & Bath Association. The latest outdoor living spaces go far beyond great grilling centers to creating true outdoor rooms. “People changed how they entertained at
Investors looking at development opportunities may face obstacles this year as speculation about a recession looms and interest rates rise. The market uncertainty and shifting demand could cause extensive delays or abandoned developments. Property developers, who are the parties that oversee the project, will need to make tough decisions ahead. If you’re thinking about investing
Modern homes are more popular than ever, but many of us think decorating one can be achieved by purchasing the right modern furniture and decor, as if it is a formula. However, this ultimately ends up looking like someone else’s Pinterest Board or worse—a showroom. If you are in the process of decorating a modern
Beyoncé Knowles and Jay-Z are known for breaking records, and now, they’ve broken the record for purchasing the most expensive home in California’s history. Knowles and Jay-Z, who’s real name is Shawn Carter, purchased a sprawling $200 million Malibu, California estate. They reportedly got a discount, as the home was privately listed for $295 million.
Commercial real estate owners and managers are under more pressure than ever to show creativity and uncover new sources of revenue as office occupancy continues to underperform its pre-pandemic levels. Few options are off the table, from community-oriented flex space to rooftop restaurants and party venues. Add to this mix data centers, which are increasingly
One of the boat ramps at Callville Bay Marina no longer reaches the water on April 16, 2023 in Lake Mead National Recreation Area, Nevada. Rj Sangosti | Medianews Group | The Denver Post via Getty Images The Biden administration on Monday announced that it’s reached an agreement with states reliant on the Colorado River
An entrepreneur wants to create a small business. So they set up a corporation or a limited liability company online, because they know that’s how you’re supposed to do it. That way, your personal assets aren’t supposed to be at risk if the business fails. It’s a good insurance policy. A recent New York case
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