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Blackstone Group is in exclusive talks to acquire about 40 parks from Summit Communities for roughly $550 million through its REIT, Blackstone Real Estate Income Trust, sources have told Bloomberg.  Once acquired, BREIT will invest in upgrades, including building shared facilities such as swimming pools, a source told Bloomberg. Manufactured homes have become a valued
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Homebuilding stocks jump on all-time high sentiment. Where to invest in the space Fed leaves rates unchanged in its last meeting before the 2020 presidential election There’s a growing disconnect in emerging markets, but traders see opportunity Unusual activity suggests market volatility will jump after Election Day, Wells Fargo finds Market volatility may swell after
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The Federal Reserve said Wednesday it would keep its benchmark interest rate near zero for as long as it takes to help the economy bounce back from the coronavirus crisis. The Fed said the ongoing coronavirus pandemic will “weigh heavily” on the near-term outlook and poses “considerable risks” for the medium term. In addition to holding rates near rock bottom, the
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http://www.biggerpockets.com/show10 Real estate investing has the power to change your life. Today on the BiggerPockets Podcast, we chat with an investor who’s tried his hand at everything from house flipping to new construction — and much more! Our guest Todd Whiddon shares with us how he is building a massively successful business while still making
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While Hines’ Senior Managing Director John Heagy was able to close a massive deal with Microsoft at the 523,000 square-foot Atlantic Yards office development in West Midtown Atlanta in May, he admits COVID has upended the office leasing process. “There is no question that the environment for traditional marketing has been completely rocked,” Heagy says.
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Having last year dropped $2.15 million on a nearly 100-year-old Spanish home in L.A.’s low-key but increasingly expensive Beverly Grove neighborhood, “Moone Boy” star Chris O’Dowd and writer/presenter Dawn O’Porter have none-too-surprisingly put their former home in the nearby Melrose District up for grabs at almost $1.8 million. The showbiz couple, he a 2019 Emmy
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Chamath Palihapitiya Olivia Michael | CNBC Chamath Palihapitiya pioneered taking private unicorns public by reverse merging them into special purpose acquisition companies — an idea he’s called “IPO 2.0.”  After his first iteration of doing so last year with space-tourism company Virgin Galactic, he’s found his next target: Opendoor, an online marketplace for buying and
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https://www.freedommentor.com/best-loan-for-real-estate-investors Discover the best loan for real estate investors. Get the money for renovations, a low down payment, low interest rate and a 30 year amortization. It’s a conventional loan that very few people talk about in real estate investing but it could be the perfect loan for you.
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Watch this advanced training with Jerry Norton recorded live about how you can start flipping real estate full time even if you’re brand new to real estate. Learn how to get exclusive mentoring and even partner with Jerry on deals. Fast Track Partner Program. Apply to Mentor and Partner with Jerry: https://mfg.isrefer.com/go/ftyes/ytnp/ ———————————————- SUBSCRIBE: https://www.youtube.com/user/Jlnorton1234
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NEW YORK – WeWork has designated Dock 72 at the Brooklyn Navy Yard as one of its flagship headquarter locations for its New York City-based employees. Dock 72 serves as WeWork’s first-ever ground-up construction project. The property additionally represents one of WeWork’s more than 70 buildings in New York City. The co-working company opened several
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Throughout the economic cycle’s ups and downs, industry stakeholders have been striving to manage and track to the wealth of capital flowing in and out of commercial real estate. Handling the entire process, at the center of it all, are the arrangers of debt and equity transactions. These middlemen and middlewomen are working to structure
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Charlize Theron, who took home an Oscar in 2004 for “Monster” and earned her third Oscar nomination earlier this year as broadcast journalist Megyn Kelly in the 2019 biodrama “Bombshell,” seeks to thin her considerable Los Angeles area property portfolio, listing an updated 1920s Spanish bungalow along one of the most coveted streets in West
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