Colony Capital has entered into a definitive agreement to sell six of its hospitality portfolios to Highgate in a deal valued at $2.8 billion, including $67.5 million of gross proceeds on a consolidated basis and the assumption of $2.7 billion in debt. The six portfolios consist of 22,676 rooms across 197 hotel properties. The transaction
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Ariel Skelley | DigitalVision | Getty Images It’s no wonder so many Americans retire down south. The Sunshine State has four of the top five places for retirement, according to the latest WalletHub Best & Worst Places to Retire report. “Florida is a tax haven for everyone, but especially for the elderly, so when it
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Rediscovering favorite TV shows seems to be a theme of quarantine. “The Office,” “Picket Fences,” and “Veep” have each made their way back into our nightly viewing rotation. (Thank goodness for streaming!) All have, of course, also sparked some location hunting on my part, especially the latter. While shot in Baltimore and its environs during
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CORAL GABLES, FL – The Florida-based subsidiary of the Libra Group, Elandis and London-based asset manager, M&G investments, have entered into joint-venture partnership, to launch a multifamily platform. The joint-venture partnership will focus on US multifamily assets between Libra Group and M&G Investments. The platform represents M&G Investments’ entry into the US multifamily market. M&G
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Katie Farmer, incoming CEO of BNSF Railway, told CNBC on Friday that her industry has clearly been impacted economically by the coronavirus pandemic, but there’s optimism on the horizon. “We have seen the economy start to pick up relative to rail loadings,” Farmer told “Squawk Box.” While BNSF, owned by Warren Buffett-led Berkshire Hathaway, anticipates a rebound,
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Thank you to Buffy for sponsoring this video! For $20 off your Buffy bedding, click here http://bit.ly/3a9fLxL and enter promo code JOSLYN. WE DID IT!!!! We flipped a WHOLE ENTIRE HOUSE. Translation: Chris did basically everything and I helped. Last year, Chris and an investor bought a 3 bedroom, 2 bathroom home in Phoenix for
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CREW Network recognized excellence and achievement in commercial real estate by honoring seven industry leaders with the organization’s Catalyst, Circle of Excellence and Impact awards on Sept. 18 at the virtual 2020 CREW Network Convention. CREW Network’s awards programs recognize and celebrate extraordinary leadership and success in commercial real estate. Through these recognition programs, CREW
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On July 15, the extension deadline for 1031 Exchange investors to choose on their replacement assets passed. With the deadline in the rearview mirror, single-tenant net-leased (STNL) asset sale velocity flattened in August 2020, according to The August 2020 NNN Market Intelligence Report Chris Pappas, associate director with Marcus & Millichap’s Net Lease Division. Total
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House Flipping Course! If you’d like to flip your own house, we have a House Flipping For Beginners Course https://austinflipsters.teachable.com/p/house-flipping-for-beginners Our flipping project management software Use coupon code flipsters10off for 10% off https://www.flipperforce.com/?fp_ref=austinflipsters Investing Resources: Claim free stock now without investing first: https://join.robinhood.com/lincole9 The Austin Flipsters are at it again. This time they are renovating
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The pandemic has opened the door to a whole host of negotiations about rent abatements, other concessions and lease adjustments between retail landlords and their tenants.  “The pandemic has highlighted the need for many leases to have a greater degree of flexibility to accommodate significant business interruption better,” says Omar Eltorai, market analyst at Reonomy.
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