Hotel occupancy is likely to decline by 29% over the next 12 months, leading to revenue losses of as much as $75 billion, according to a new study from business strategy outfit Magid and hospitality industry consultant Howarth HTL. While the forecast is driven by anticipated drops in both business and leisure travel, the aversion
ALBANY — Gov. Andrew Cuomo signed an executive order Thursday expanding a coronavirus-related emergency moratorium on evictions and foreclosures of commercial properties until Sept. 20. The move gives business owners heavily impacted by state-ordered closures associated with COVID-19 more another month to meet their rental obligations. “While we have made great progress in keeping New
Despite the pandemic, some retailers are still opening new locations. At the River Landing Shops and Residences, which is west of downtown Miami, Publix, Ross Dress For Less, Burlington Stores, Hobby Lobby and Chase Bank are all slated to open soon. These stores have some commonalities. Some offer essential services, while others provide harder-to-find items.
Real estate developer Don Peebles told CNBC on Friday that he anticipates a slow economic recovery for New York City in the wake of the coronavirus pandemic. “I think New York will ultimately come back. It’ll come back differently. It’ll be a different place, and it will be much more affordable,” said Peebles, CEO of privately
In late December, rapper and country-rock star Kid Rock, whose real name is Robert Ritchie (and who sometimes goes by the name DJ Bobby Shazam), expressed via Facebook his frustration with his longtime home city of Detroit. Ritchie grew up in Romeo, Mich., but has long resided in and around Detroit, a city he has
As the economic ramifications of the COVID shutdowns start hitting large property owners, Michael T. Fay, principal, managing director and global head of Avison Young’s asset resolution team, wonders if bigger deals are on the horizon. “I think we’re going to see some larger portfolios trading,” Fay says. “It will probably be a shifting of
A for sale sign is seen next to a house in Arlington, Virginia on May 6, 2020. Andrew Caballero-Reynolds | AFP | Getty Images Sales of existing homes soared 24.7% in July compared with June, according to the National Association of Realtors. These numbers represent closed sales, meaning contracts signed in May and June. That
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On today’s show, Michael Zuber is back to share why you should make it your goal to purchase four rental properties. ► Get A Free Stock 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 ► Ready to buy your first FULLY DONE
https://www.freedommentor.com/will-ibuyers-end-house-flipping/ Will iBuyers end house flipping for small real estate investors? New companies such as OpenDoor, OfferPad, Zillow Offers, RedfinNow and Knock are being referred to as “iBuyers” and even large brokerages such as Keller Williams and Coldwell Banker now have an iBuyer branch. These iBuyers are buying houses for quick cash, renovating and then
GrowYourWealthEvent.com Want to invest in real estate but you’re afraid to lose your money? Learn how to educate yourself and build your confidence so that you can increase your personal wealth. Real estate is still the #1 way to build wealth in America and too many people are being left out. . NoelleRandall.com Noelle shares
This is episode 20 of the “East Auckland Properties Show”. I’m at the office of Kristine King, the Director of Duncan King Law. Today we covered the 7 most common mistakes when buying a property. If you missed our previous video about Unit Titles – https://youtu.be/s6OarpVMh74. LIKE & COMMENT! SHARE the video with your friends!
The Queen of Twitter ponders whether Chrishell Stause and others on Netflix series are actual real estate agents. Watch “Daily Pop” weekdays at 12:30pm ET|9:30am PT! Full Story: https://www.eonline.com/news/1180220/chrissy-teigens-thoughts-on-selling-sunset-have-us-doubting-a-major-plot-point #ChrissyTeigen #ENews #DailyPop #ChrishellStause Subscribe: http://bit.ly/enewssub Subscribe to Daily Pop The PODCAST: http://linktr.ee/dailypop About Daily Pop: Come for the Hollywood headlines, stay for the hot takes
Borrowers holding portfolios of single family rentals that serve as a basis for mortgage-backed securities could improve the precision of performance projections of the loans undergirding them and, ultimately, those bond ratings by supplying more financial information about their holdings, according to Fitch Ratings. The COVID-19 pandemic has, so far, generally affected renters more than
John Legend wants you to buy all of his house. The musician and his wife, former model Chrissy Teigen, listed their Beverly Hills home for $23.95 million after finding out they’re expecting baby No. 3. The Wall Street Journal first reported the listing. The couple, who already have 4-year-old daughter Luna and 2-year-old son Miles,
Green lending is back, thanks to record-low interest rates and other factors that allow borrowers to retain more loan proceeds and enjoy lower payments. In addition, the early response to COVID-19 interrupted the flow of commercial loans, leaving Fannie Mae and Freddie Mac behind on their respective $100 billion lending caps for 2020. The combination
Even as the pandemic rages on, many eviction protections are coming to an end. No-Mad | iStock | Getty Images President Donald Trump said earlier this month that he didn’t want people evicted during the pandemic and that his executive action “will solve that problem largely, hopefully completely.” Experts disagreed, since the president was only
That he sold a New York City condo earlier this year for almost $600,000 less than the not quite $6 million he paid almost six years ago didn’t seem to deter or affect “How I Met Your Mother” creator and showrunner Carter Bays’ ability to shell out more than $6.8 million, according to a well-sourced
As COVID-19 continues to wreak havoc on all aspects of American life, that new reality is also playing out in the world of the office property sector. According to an Aug. 17 report from Moody’s Analytics, the office property sector had already been experiencing “downward pressure on the usage intensity of office space even before
People party on a rooftop in Kips Bay as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 1, 2020 in New York City. Noam Galai | Getty Images Airbnb announced Thursday a global ban on all parties and events at its listings for health reasons.
Title Company For Real Estate When the time comes to close on your rental property, you’ll need to determine whether you should work with a title company, a lawyer, or both! Some states have requirements, while others allow you to choose. In today’s video, I’ll elaborate on the role of both a title company and
Investing out of state can be intimidating, so why would anyone want to invest in real estate out of state in the first place? I recently closed on my first out of state rental property and wanted to go over some of the major reasons for doing so. Whether you are a beginner in real
Episode: 86 Nathan Cross Join David Pere (The Military Millionaire Podcast) and Nathan Cross as they chat about building a business in the real estate space. They talk about how he’s establishing his brand over efficiency practices and putting importance on quality. They touch on points on dealing with competition, the tools he uses for
My new online course is here! It gives you EVERYTHING you need to know to purchase your home and move to Italy. You can access it here: https://chrisellis24.clickfunnels.com/squeeze-pagezc4ngg9r Are you looking to buy real estate in Italy? Then watch this video to learn how to avoid pitfalls that could can cost you thousands! ? Thanks
Chrissy Teigen Questions If Selling Sunset’s Agents Work in Real Estate Subscribe for more Us Weekly videos! – https://bit.ly/33yer6O US-2 Home Page Follow Us Weekly on Facebook: https://www.facebook.com/UsWeekly Follow Us Weekly on Instagram: https://www.instagram.com/usweekly/ Follow Us Weekly on Twitter: https://twitter.com/usweekly
Industrial prices could set to increase as a result of increased activity and rents during the pandemic. According to a recent survey from RCM/LightBox, industrial players expect rents to increase from 4% to 7%. The asset class has already proven to be resilient during the worst months of the pandemic. As a result, many investors
This Black borrower has an outrageous story about his mortgage refinance. When the coronavirus struck the U.S. in early spring, and the stock market went into freefall, mortgage rates began to plummet as well. Thousands of homeowners rushed in to refinance their loans, getting much-needed savings on their monthly payments. Akili Akridge, a Black homeowner
WeWork’s embattled ex-CEO Adam Neumann and his wife, Rebekah Paltrow Neumann, are continuing their massive real estate sell-off. The couple, who have kept a low profile since Neumann’s September 2019 ouster from the coworking company he co-founded, sold their Westchester County estate for close to its asking price of $3.39 million. The property is at
When we think about how the COVID-19 pandemic has changed the real estate industry one, (frankly huge) question comes to mind: Do we really need offices anymore? And if not, how will the office sector pivot? The same morning that Amazon revealed it would spend $4.1-billion expanding its office footprint, commercial real estate experts from
Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Data analytics software company Palantir Technologies is relocating its headquarters to Denver, Colorado from Palo Alto, California, CNBC confirmed Wednesday. The company updated its website where it now lists Denver as the site