The chasm between commercial property buyers and sellers widened in the third quarter due to the Coronavirus pandemic, putting a strain on sales. However, when it came to cap rates, investors found stability, according to a new survey from CBRE. While 6% of buyers expected discounts from pre-pandemic prices, just 9% of sellers were willing
It’s no bargain basement. But it’s certainly a seductive one. A plain-looking suburban Pennsylvania house with a sexy lower-level lair its late owners dubbed the “Boom Boom Room” sparked a bidding war among interested buyers. The three-bedroom split-level in Broomall, a Delaware County enclave about 25 miles west of Philadelphia, lured lots of lookie-loos after
✅ SUBSCRIBE ✅ http://epicrei.tv If you’re wondering how to start in real estate then this video is for you. I’m talking with Myles Berrio, a former wedding and commercial photographer who has done very well in the seven months that he’s been investing in real estate. Despite COVID-19, he’s already made multiple deals and is
Ever wanted to know how to flip a home? Here’s your 101 guide on flipping houses, how it works and how to make big money. THE LIST is the national Emmy award winning show where pop culture takes a need-to-know twist. We have everything that’s trending and fun, in the form of a list. Watch
Pakistan’s high rate of inflation is pushing up the housing prices. It appears that nationwide, the rate has increased by 5.05% to PKR 10, 875 per sq. ft. However; in the same period, the prices dropped by 3.98% in the same time. Investor confidence in Pakistan has increased when PTI took over. The government is
Welcome to the South Bay Area, CA — known as “paradise resort.” We actually believe this is a great area to live. We are the best real estate group selling homes in LA. We love this community. Not only is this a popular area to live, but it’s sandy beaches, surfing, outdoors living, parks and
The special servicing rate hit its highest mark since May 2013, increasing 44 basis points to 10.48% in September, according to Trepp. In August, the rate was 10.04%. An increase in retail and lodging special servicing drove the surge in the rate, which sat at 3.10% a year ago. Trepp says both sectors produced their
The Netflix logo is displayed on a wall at the company’s Japan office in Tokyo. Kiyoshi Ota | Bloomberg | Getty Images LONDON – As the coronavirus forces some companies to scale back on their physical offices, Netflix is planning to triple the amount of office space it has in London and move into a
Dollar General has announced a new retail store concept, called popshelf, that is targeting a higher-income shopper. While part of the Dollar General corporation, popshelf will be a differentiated store and shopping experience, according to the company. In a release announcing the venture, the company said that each approximately 9,000 square-foot popshelf store will be
They say timing is everything. Real estate agents Eileen Allan and Shannon Assad of Berkshire Hathaway HomeServices certainly recognize that fact as they listed the home that portrayed the residence of skin-wearing serial killer Buffalo Bill, aka Jame Gumb (Ted Levine), in “The Silence of the Lambs” at the start of the Halloween season! Depicted
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images The number of mortgages in active pandemic-related bailouts plunged in the past week as the first wave of forbearance plans hit the end of their six-month term. It was the largest decline since the
There has been a lot written and said about COVID-19 and teleworking friendly work policies sending urbanites permanently into the suburbs and even rural areas. But migration from cities is nothing new, according to urban planner Christopher Rhie, an associate principal with the Los Angeles office of global firm Buro Happold. “Retirees and young families
Research associate Sachi Johnson works at Sorrento Therapeutics where efforts are underway to develop an antibody, STI-1499, to help in prevention of the coronavirus disease (COVID-19) in San Diego, California, May 22, 2020. Bing Guan | Reuters All the fundamentals are aligning for the life sciences industry, as Covid-19 accelerates already growing demand for real
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Tips for Buying a House in the Colorado Springs real estate market. Even now, the real estate market in Colorado Springs is pretty competitive. In today’s video, I go over some tips for buying a house in a competitive market as well as tips for buying a house when out of state. ✅Click below👇🏽to get
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While some Manhattan residents flee the Upper West Side, “The Handmaid’s Tale” star Elisabeth Moss is moving to the neighborhood. We hear that Moss, who’s currently filming in Toronto, is moving uptown near the area where “Ghostbusters” star Rick Moranis was recently assaulted in a random early morning attack near his Central Park West pad.
An apartments for rent sign is displayed outside a residential building in Hells Kitchen as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 18, 2020 in New York City. Alexi Rosenfeld | Getty Images The number of apartments for rent in Manhattan tripled in September,
The pandemic has been called an accelerator, fueling trends that were already on track. Industrial is the prime example. The market has, in many ways, been a beneficiary of the pandemic. On the other hand, office and retail assets were already set for major changes, and now those changes are hitting harder and faster than
Victorian homes seem to lend themselves naturally to movies and television shows of the horror genre. There is just something about them that screams ‘haunted house!’ Still, I have yet to come across one with quite the horror pedigree of Altadena’s famed Woodbury-Story House. By my count, the historic residence has appeared in no less
People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Anyone out hunting for a house knows that bidding wars are no longer the exception, but the rule. Demand for housing has been unusually strong, due to the coronavirus pandemic, and
Count child care assets as among the net lease categories investors should be watching. So says Milo Spector, associate director at Stan Johnson Co. We caught up with Spector for a quick Q&A on why child care assets should be on net lease investors radar. Following are excerpts from the interview. How does pricing for
Panelists representing the industrial, office, retail and multifamily sectors of commercial real estate made the case for investment in their respective sectors at NAIOP’s CRE.CONVERGE, the virtual conference taking place this week. In a real-time audience poll, the attendees cited industrial as the sector they would be most likely to invest in. However, much of the
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Tom FlipAnythingUSA Review of Phil Pustejovsky 3 Surprising Covid19 Impacts on Flipping Houses. Phil Pustejovsky discusses his view on 3 surprising impacts of the Covid19 crisis. So I walk through each one and share my thoughts on his comments I do not agree with all of his views. I have been flipping properties for more