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Even with the array of problems that the WeWork troubles and the COVID-19 pandemic presented, Jennifer Frisk, senior managing director with Newmark Knight Frank’s downtown Los Angeles office, thinks coworking will catch on as an asset class. Need proof? The big institutional owners are starting to get on board. “I think going forward traditional landlords
Could this mansion be any more perfect? Actor Matthew Perry has put his Malibu, Calif., beach house on the market for $14.95 million. The four-bedroom oceanfront property is where the “Friends” star has sheltered in place during the coronavirus, cracking jokes about the beachgoers below. “This is the scene from my patio,” Perry captioned a
NEW YORK CITY—A syndicate of investors led by Blackstone Real Estate Income Trust is making a $300 million preferred equity investment in Toronto-based Tricon Residential, with BREIT acquiring $240 million of the preferred equity. “We are pleased to make this preferred equity investment in Tricon,” Frank Cohen, chairman and CEO of BREIT, said in prepared
In a major policy pivot, the Federal Reserve said it will allow inflation to run “hotter than normal” to help the economy bounce back from the coronavirus crisis. That means the Fed will be less inclined to hike interest rates, letting borrowers benefit from cheap money for an extended period of time. “This kind of
After barely a month on the market, the fastidiously restored and carefully updated John Kelsey House in Pasadena has sold for its full asking price of nearly $4 million, offering further evidence of not only the desirability of mid-century modern gems but also the remarkable resilience of the real estate industry, which continues to keep
Seaward: “The vitality of the office market over the next year has more to do with the trajectory of the pandemic than it does with a shift in the way that people view and utilize office space.” The office sector could be excused for feeling overly confident as the longest economic expansion in US history
A single family home is shown for sale and in escrow in San Marcos, California. Mike Blake | Reuters The usual summer slowdown in the housing market is not happening this year. Buyers continue to show strong demand, spurred by the new stay-at-home world of the coronavirus and by record low mortgage rates. Pending home
Federal Reserve Chair Jerome Powell sat with Scott Pelly on ’60 Minutes’ and used measured words to prompt congress to pass an automatic 3-6 month stimulus plan. He knows he has the power to move markets but he wasn’t holding back. ? Get 3 Free Stocks on WeBull when you deposit $100 (Valued up to
It is no secret, I’m a huge fan of real estate investing. In this video, I explain EXACTLY how I structured a recent deal on a rental property without using any of my own money. Utilizing other people’s money to buy real estate is a powerful tool to build wealth. However, the devil is in
Cheap House in USA – Flip Or Keep For Rental Income I will show you house that is for sale for 12,000$ In Cincinnati, Ohio.. I make this video to explain that you need to be really careful reading description of listings.. This listing: Buyer will be responsible for any liens/judgements/taxes related to this property..
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Were you planning on buying or selling a home this year? If so, you may need a new strategy. Join us Friday, August 14th at 4 pm on Zoom for a Special Buyer & Seller Strategy Session to help you plan to buy or sell your home in the place I call home. ✅ Where
Two companies, both major players in their respective industries, in recent days have indicated that they are shifting their workforce policies to emphasize working from home. JPMorgan Chase is one of these companies. Its employees will be working remotely part time, cycling between their homes and the office, Daniel Pinto, the bank’s co-president, told CNBC.
Colorado Rockies fans unfurl a Colorado State flag. Andy Cross | Denver Post | Getty Images Last week we learned that data analytics software company Palantir plans to relocate from Palo Alto to Colorado after officially listing Denver as its headquarters on the company website. The news shocked few who have long followed CEO Alex Karp’s
When the coronavirus hit, ballet dancers had to take their twirling home. Zoom conferences replaced in-person rehearsals and cramped living rooms stood in for spacious studios — not to mention the emotional and financial blows of canceled performances and unemployment. But performers are a resilient bunch: They got creative about staying in tip-top shape and
A recent case involving a Disney Yacht and Beach Club Resort in Orange County, Florida demonstrates how significantly tax liability can differ when an assessor fails to exclude intangible assets. For Disney’s property, the tax assessor’s and Disney’s valuation of the property differed by a whopping $127.8 billion. Real estate taxes are ad valorem, or
The Covid-19 crisis is requiring everyone to do something that former FBI hostage negotiator Chris Voss built a career on: make tough, stressful decisions. “I like action, I hate inaction and inertia, and with the pandemic, it is requiring us to make decisions,” said Voss, who now runs his own consulting firm, Black Swan Group.
In late summer 2011, a few years after she was launched into the white-hot international superstardom and not too long before she and her “Twilight Saga” co-star Robert Pattinson broke up for good in 2013, Kristen Stewart dropped $4.8 million on a glassy, Lorcan O’Herlihy Architects-designed contemporary tucked into a discreet Malibu enclave that’s come
GREENVILLE, SC—Blackstone has sold a 1.2 million square foot industrial warehouse and distribution portfolio here for an undisclosed price. Sealy & Co. acquired the eight fully-leased buildings, which are located within the Greenville-Spartanburg Industrial market along the I-85 corridor. Blackstone has amassed a formidable industrial portfolio in the past few years, while occasionally pruning its
Billionaire investor Sam Zell told CNBC on Wednesday that corporate leaders have a role to play in helping U.S. cities stave off a serious economic decline in the wake of the coronavirus pandemic and a summer of social unrest. “It’s going to require leadership. It’s going to require leaders of all the companies to come
The White House wants a second stimulus plan but do they want to reopen more? Will the Senate pass any portion of the Heroes Act? ? Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1,400): ➜ http://bit.ly/2xlc0q9 ✅ Join our private Financial Freedom Academy: ➜ http://bit.ly/2GdjDCb ? Read My Best
To sign up for my free Newsletter visit www.markjkohler.com/youtube Welcome to the Live Stream with Mark J. Kohler discussing putting your real-estate in your ROTH IRA! This topic is loaded with important information so make sure to take notes! Also, make sure to subscribe and hit that bell icon so you get a notification every
Discover how the FHA anti flipping rule and the new fannie mae 3% down loan will affect real estate investors
Hawaii House-Flipping: This video reflects the excitement we feel as the ‘BEFORE – DURING – AFTER’ unfolds, and an ugly abandoned house transforms into something new and beautiful. Enjoy! Wanna learn how to flip houses in Hawaii like this? Visit my training website at: www.HonoluluMentor.com “Everybody Wants To Rule The World” by Tears For Fears
Italian Real Estate Podcast EP 3: Buying Property in Italy as a Foreigner and How To Remain in The Country In this episode of the Italian Real Estate Podcast, hosts Marco Permunian, an Italian attorney, along with content creator, Rafael Di Furia talk about how to move to remain in Italy if you are considering
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Goldman Sachs Vintage Funds has made a strategic investment in a portfolio of last-mile logistics real estate. The portfolio is part of an investment vehicle owned by Elion Partners that is focused on first, middle and last-mile logistics real estate. A minority-owned registered investment adviser, Elion recently aggregated a portfolio of more than three million
Protesters block a courthouse entrance in Los Angeles on Aug. 21, 2020. VALERIE MACON | AFP | Getty Images In the absence of any national ban on evictions during the pandemic, tenants struggling to pay their rent are at the mercy of a patchwork of narrow and temporary local protections. In Maryland, Missouri and Ohio,
A 3,300-square-foot modern mansion boasts five bedrooms, four bathrooms, a heated pool, a roof deck with a fire pit and a deep-water dock — for a yacht, of course — that juts into Sag Harbor Cove. The place is “a panty-dropper,” says real-estate agent Peggy Zabakolas. It’s one of the jaw-dropping properties featured on “Million