Global capital inflows into American apartments dropped precipitously in the first half of the year. As economic turbulence around the COVID crisis weighed on the market, global capital invested in American apartments fell 49.2% year-over-year to $3.1 billion in the first half of the year, according to CBRE.  A nearly 80% decline in foreign investment
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Even as developers and landlords sweat out the pandemic, many new projects that were set in motion earlier are nearing completion or achieving construction milestones. The speculative boutique office tower known as 28 & 7 topped off last week at 322-326 Seventh Ave., with the opening set for late next year. The project by Sweden’s
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Though he hasn’t starred in a film since 2016’s long-forgotten “Run the Tide,” Taylor Lautner has had an eventful summer. The “Twilight” star sold his ’90s modern compound in Chatsworth, Calif. for $4.2 million to NFL star Todd Gurley, and has quickly replaced it with a more clean-lined contemporary mansion in the Agoura Hills community, about
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Cash Out Refinances on Rental Properties In order to finance your rental property, you might automatically consider a traditional mortgage. However, there’s another banking product that banks love to offer—cash out refinances. Particularly on a rental property, banks are apt to approve these loans. In today’s video, I’ll discuss why it’s easy to qualify for
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U.S. President Donald Trump arrives to speak about the administration’s coronavirus disease (COVID-19) testing plan in the Rose Garden at the White House in Washington, September 28, 2020. Carlos Barria | Reuters The Manhattan District Attorney’s Office said Tuesday it will not seek to enforce a subpoena for President Donald Trump‘s income tax returns until
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Net lease transaction volume surged over the summer after a slow Spring. But now that we’re past the July 15 date for 1031 Exchange investors to commit dollars, will net lease properties continue to come on the market as we enter Fall? It may depend on who the seller is.  “The private investors may be
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Traditional retail formats are evolving to meet modern consumer demands. So said a session last week at the CREW Network Convention, a Virtual Event. In a breakout session, panelists talked about how to embrace omnichannel marketing, pros and cons of smaller and more targeted store formats, testing brand collaborations, pop-up stores and more.   According to
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During the pandemic, news of large retailers filing for bankruptcy protection seems like it’s a weekly occurrence.  Some of these companies have a better chance to emerge from bankruptcy than others, according to Megan Murray, a founding shareholder of Underwood Murray. She has nearly twenty years of reorganization and workout experience. “From a financial perspective,
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Following the finalization of their divorce, it appears Kacey Musgraves and her (almost) ex-husband Ruston Kelly are giving each other some space, cowboy! As often happens with divorce, the erstwhile couple are selling their house — in this case a folksy Victorian-style bungalow in the hip Nashville neighborhood of Inglewood, which is newly on the market
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Jane Hinton, Commercial Real Estate Partner, Hunton Andrews Kurth, Los Angeles. Hinton is a partner in the firm’s real estate practice and focuses on all aspects of real estate transactions including advising lenders and borrowers on complex mortgage financings. Jane Hinton. Courtesy photo. What has been your biggest challenge or obstacle in your profession? Being
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Following the second wave of COVID-19 infections in July, many universities revised re-opening plans an implemented online education through the fall. Online education, however, has not had a significant impact on student housing collections or leasing activity. Student housing owner and operator Pierce Education Properties reports 97% rent collections since the beginning of classes in
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eGuide Sponsored by Elevant 3 Simple Strategies to Solve COVID Challenges As a commercial building owner, you are facing unprecedented challenges in the wake of COVID. Most notably, increased operating expenses and reduced cash flow. This guide reveals 3 strategies to overcome COVID-related challenges while cutting costs and helping tenants return to your properties. Browse
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