The Goldman Sachs Merchant Banking Division is forming a global data center infrastructure platform. The division is partnering with long-time data center industry executive Scott Peterson and a seasoned management team to launch Global Compute Infrastructure. It initially committed to fund up to $500 million of equity capital, primarily from its infrastructure fund, West Street
Month: October 2020
The CEO of real estate brokerage Redfin told CNBC on Thursday he anticipates the coronavirus pandemic-driven boom in the housing market will persist into next year. Existing home sales increased 9.4% in September, surpassing expectations, and the median purchase price rose nearly 15% year over year, according to data released earlier Thursday by the National Association of
While the apartment sector has withstood the COVID-19 pandemic reasonably well due to federal stimulus payments and expanded unemployment benefits, problems could be on the horizon for multifamily assets, according to Fitch Ratings. Fitch says that US apartment REITs with high exposure to class B and C assets and properties in gateway cities are vulnerable
Not many businesses dealt with what WeWork did in the past year. In addition to the COVID-19 pandemic, the company weathered controversy that brought down founder and CEO Adam Neumann. But Peter Greenspan, global head of Real Estate at WeWork, told Savills USA Managing Director Ken Biberaj in a recent podcast that the firm didn’t
Not quite a year on from selling his Hollywood compound for $3.85 million, Academy Award winner Forest Whitaker has headed back East — specifically, to the Big Apple — where he’s ponied up almost $1.6 million for a garden duplex on Manhattan’s ritzy Upper East Side. Situated on a quiet, tree-lined street in the tony
As the coronavirus pandemic wears on, with the threat of a second wave looming, many New Yorkers are feathering their nests in preparation for a winter spent largely at home. Major retailers and local design shops alike have noted a shift in consumer demand with the changing of the seasons. Yes, toilet paper and Clorox
Choosing the Right Real Estate Investing Strategy There are only a handful of real estate investing strategies that work in just about every market. Learn the pros and cons of each strategy so you can get started right. You can learn more about Chris Goff at: www.chrisgoffrealestate.com We make real estate investing easier! Start for
This is a walk through of a Houston TX Real Estate Project. Follow our latest Projects with an Active Real Estate Investor in the Houston Market, Isstad Rashadeem. Real Estate Investing | Fix and Flip | Project Update | Houston TX 2020 | Do Your Due Diligence 2020 Real Estate Fix and Flip | Real
Learn how I find profitable deals that profit me $10-$30k per deal! Get your free training here: https://bit.ly/nextlevelstart What’s all this talk about buying property on your credit card? And how is that even possible? Heck, is it even a good idea? Let’s chat about that today. In Today’s Episode We Talk About: – The
Should we expect a housing crash as we move into 2021? In this real estate market update, I discuss the current housing market 2020 mortgage forbearance numbers from Black Knight and why I don’t expect to see a huge wave of foreclosures coming to the market, keeping a housing market crash off the table. WeBull
I made my way past the floor-to-ceiling bay windows and paused at the French doors, which led to the terrace of my dream home. That’s when a “low battery” message on my phone snapped me back to my own personal reality — a couch in my 1.5 bedroom Manhattan apartment. Even though I have no
Retrofits can include the installation of solar panels on a home’s rooftop, such as this property in Kent, England. Andrew Aitchison | In Pictures | Getty Images You only need to look at the huge numbers of people working from home to see how tech has changed the buildings we live in. Through laptops, tablets
Early on in the COVID-19 pandemic, many observers had dire predictions about what would happen with apartment rents. “If you go back to when this started in March, people were thinking by the summer, the situation would implode and rent collections wouldn’t be where they were,” says Evan Blau, a partner at Cassin & Cassin
Good things sometimes do come to those who wait. And, for the financially well endowed, at least, that goodness sometimes comes in the form of a multimillion-dollar real estate discount. In late 2018, boutique hotelier Edward Slatkin, whose portfolio includes the celeb-favored Shutters on the Beach in Santa Monica, made his Tinseltown-tinged estate in a
A worker uses a nail gun while installing trim in a home under construction at a Romanelli and Hughes Building Co. subdivision in Dublin, Ohio, July 9, 2020. Ty Wright | Bloomberg | Getty Images Homebuyer demand is incredibly strong compared with last year, but there appears to be a slight pullback this month. A
Every day, the presidential candidates are talking about COVID-19, the fight for a new Supreme Court justice, and the economy. So maybe it’s no surprise that even though we are inarguably in a housing affordability crisis, the problem doesn’t get much airtime. Still, from the policies that President Donald Trump and Democratic challenger Joe Biden
When Jerry Seinfeld’s opinion piece “So You Think New York Is ‘Dead’ ” was published in the Times this summer, it struck a chord with wearied New Yorkers, hopeful that all they’d need to get through the pandemic was a little elbow grease. His essay was a response to an article that had appeared in
The housing crisis is unfolding before our eyes but not in the way you think. I think people are missing the real story here. 💵 Get two Free Stocks worth up to $1,600 on WeBull just for opening a FREE account: ➜ http://bit.ly/2xlc0q9 ✅ Sign up for our Free DAILY newsletter delivered right to your
Today’s video discusses in the trenches creative real estate investing strategies. Become a channel subscriber → https://www.youtube.com/jasonclucchesi?sub_confirmation=1 This is what real estate wholesaling is all about! You’ll see in this video a walkthrough of two properties we’re negotiating creative real estate investing strategies with that we can do to lock up and secure more properties.
The Zombie team has big love for Orlando. Find out why they’re so happy to live there and why it’s so great for flipping houses in this web exclusive. #ZombieHouseFlipping Subscribe for more from Zombie House Flipping and other great FYI shows: http://mylt.tv/SubscribetoFYI Find out more about the show and watch full episodes on our
Need help finding a home in Hawaii? Let me know here: https://forms.gle/t91HQnBdeU49tPKW9 Sign up for the newsletter and join the community of people serious about living in Hawaii. https://www.livinginhawaii.com/do-you-dream-of-living-in-hawaii/ Got a question for Peter? Submit it here and he might answer it on YouTube! https://goo.gl/forms/c4wLDLBwjLsujFin2 Can you live in Hawaii? Take the free quiz: https://www.livinginhawaii.com/hawaii-nei/living-in/can-live-hawaii-easy-now-take-quiz/
Slick shots, juicy drama, and ostentatious elusive wealth; Netflix’s Selling Sunset is a masterpiece of reality TV. Really not my kind of show, but I binged the whole season. The ladies, and the Oppenheim Group did a fantastic job – truly captivating. Whether you’ve seen the show or not, jump in for an overview, a
Joshua Copeland at the Colorado Homebuilding Academy Ryan Dumville | CNBC The coronavirus pandemic hit Joshua Copeland and his industry hard. The 38-year-old chef contracted Covid-19 last spring, losing his sense of taste and smell, which are critical to anyone in his line of work. Copeland recovered, but his restaurant—like thousands of others that were
Last November, ORIX Corporation USA acquired Hunt Real Estate Capital, a family-owned commercial real estate investment management firm. The marriage paired Hunt with ORIX Real Estate Capital brands, Lancaster Pollard and Red Capital Group. A year later, ORIX, a global financial services firm and subsidiary of Japan-based ORIX Corporation, is tightening the bonds between its
Companies controlled by one of New York’s most prominent hotel developers received millions of dollars in loans from a government program intended to support small businesses as the coronavirus hammered the economy. At least eight businesses owned by Sam Chang received between $2.8 million and just over $7 million in federal small business loans, according
The Los Angeles penthouse of late Oscar and Grammy-winning songwriter and lyricist Hal David has been listed by his surviving wife, Eunice David, to the tune of $3.995 million. David, who died in 2012 at 91, was honored by the Songwriters Hall of Fame in 2011 and is best known for his collaborations with legendary
Dan Bracey, CSP, CHMM The global pandemic forced commercial buildings throughout the world to close. We have all felt the impact of these closures for over half of the year. Now that we have begun to reopen and buildings have become occupied with employees and customers, there are health and safety measures that must be
SEATTLE, WASHINGTON – New England Patriots’ Brandon Copeland (L) and Stephon Gilmore tackle Seattle Seahawks’ Chris Carson on September 20, 2020 in Seattle, Washington. Abbie Parr | Getty Images Sport | Getty Images Millions of Americans have been financially impacted by the coronavirus pandemic. New England Patriots linebacker Brandon Copeland wants to help. “We can’t
Front Yard Residential Corp., a provider of single-family rental housing, is being taken private by alternative investment management firm Pretium and a group of its investors and funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management Corp. The all cash transaction values Front Yard at $2.4 billion. When the deal
Times Square’s bright lights will shine less green with the closing of popular Irish pub The Mean Fiddler, which will shut its doors by the end of the month. The cozy bar-restaurant that’s hosted Bono, Johnny Depp, Jimmy Fallon and Liam Gallagher — as well as hordes of Broadway show-goers and tourists — fell victim
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