Real Estate

Amid the chaos surrounding concerns about debt payments by China’s property developer Evergrande Group, it’s good to be the chairman. Although Evergrande Group’s 80% stock decline so far this year has made a dent in its billionaire founder and chairman’s fortune, Hui Ka Yan will remain extraordinarily wealthy even if the company collapses under the

Home price have surged in most markets across the country. What should investors do? The problem with giving a good answer is that there aren’t any good reasons why prices are higher. It’s a pandemic phenomenon that’s unrelated to ordinary economic factors – and therefore we don’t know how it will develop. One thing we

Mega-mansion developer Mohamed Hadid has reduced the price for a property overlooking Beverly Hills to $50 million, down 50% from the original asking price of $100 million. Called Olive Hills, the undeveloped land near Franklin Canyon in Los Angeles surfaced for sale in July, roughly six months after a series of events led the entities

Real estate investor, Founder/CEO of TurboTenant: rental marketing, tenant screening, rental applications, rent payments, and more. Rental trends are always in flux, and recently, the housing market has been almost too hot to touch, making it challenging to determine where to invest. The Covid-19 pandemic has only added to the complexity of finding the perfect location

Kenny Kane is the Chief Operating Officer at Firmspace.  The idea of a shorter workweek has been around for decades. In fact, it was FDR who supported a 30-hour workweek in 1933 as a way to stimulate employment after the Great Depression. While opinions on shorter workweeks have been largely split since the days of FDR,

DiamondRock recently purchased the very coveted French Quarter, New Orleans asset – the Bourbon Orleans Hotel. This 220-room hotel, was purchased for $81 million in the city with a prime location on Bourbon and Orleans Avenue at the center of the French Quarter. Len Wormser, Bill Murney and Ketan Patel of HREC, arranged the sale.

A custom home destined to be the next legendary estate in Los Angeles is coming to market in Bel-Air for $55 million. The ground-up new construction, located on Saint Cloud Road in the desirable East Gate section, evokes the works of master architects Paul R. Williams and Roland Coate with its Georgian-inspired design. The team

When a property owner enters into a long-term ground lease with a developer tenant, that ground lease typically gives the tenant a great deal of flexibility but also restricts that flexibility in meaningful ways. For example, the ground lease might say that the tenant can obtain a leasehold mortgage – i.e., a mortgage secured only

Partner at Peak State Ventures and Co-Founder of 42Floors. Investing in entrepreneurs changing the world.  When I started 42Floors in 2011, I just wanted to make the best commercial real estate search engine. The nascent real estate startup industry, now referred to as “proptech” (property technology), was tiny. Most people told me that real estate was a horrible

Kirkland, Washington, the Seattle suburb that had one of the nation’s first clusters of Covid-19 cases at its Life Care Center nursing home early last year, led the U.S. for home-flipping profits during 2021’s second quarter, according to an AATOM report ranking the nation’s zip codes. A typical home flip in the 98033 zip code,

Matt Avital is the Principal & Founder of Ascenda Capital, located in Los Angeles, CA.  Surprisingly, the loan program that provides multifamily property owners with the longest amortization, the highest leverage and often the lowest interest rate is a program that is not well known even by many of the industry’s top players. In the multifamily

Dubai, with a population of 3.3 million, is a world of superlatives. From Burj Khalifa, the world’s tallest building, to Palm Jumeirah, one of the largest artificial islands around, luxury living has become synonymous with the signature lifestyle Dubai offers. Dubai Marina boasts the distinction as the largest man-made marina in the world, and it’s

Mountain Architecture traces its roots to the early settlers, the Old West and ranch living. The once primitive style was a response to the environment and used the natural materials at hand, incorporating the earthy tones of the surroundings. Today, the rustic look has taken on a more elegant appearance in mountain resort areas. Listed

Francisco “Kiko” Angulo is the Vice President of Global Development for REALOGY. The number of people who have asked me for help evaluating their properties throughout my life is probably higher than I care to confess. My real estate endeavors began as a broker in 1994, over 27 years ago, divulging just how old my career

When it comes to luxury real estate, location is key. From properties with French alpine to Pacific Ocean views, these luxury listings take advantage of their picturesque settings.  French alpine chalet  Location: Courchevel Le Praz, France  Price: $7.542 million (EUR 6.36 million) A top-of-the-line kitchen blends in nicely with the chalet’s wood-paneled walls and vaulted …

The worldwide push to find ways to profit from real estate has seen an even bigger surge in the first half of this year, with venture capital funding reaching $9.7 billion in the first six months of 2021. Surpassing last year’s half-year amount of $8.8 billion, this is the largest amount on record, according to

This month, Village Properties marks its 25th Anniversary as Santa Barbara’s leading locally-owned independent brokerage. It’s been an upward trajectory for the company since it was founded in 1996. As of August 2021, Village properties has sold $1.8 billion worth of real estate across 12,000 transactions. Last year, the brokerage held a 16% market share. That’s quite

When shopping for a new home, some people get excited about a giant walk-in closet with built-in shelving; Others daydream about a private outdoor space with panoramic views. But what you think sells a home is different from what actually sells a home. The room that tends to make the biggest impact and tip homebuyers

A buyer trades money for commercial real estate. A seller trades commercial real estate for money. It’s as simple as that. Why, then, do commercial purchase and sale transactions become so complicated and entail so much negotiation? To begin with, commercial real estate assets are complex, often involving many leases and other documents related to

Kellie Rastegar is Co-Founder and Creative Director at Rastegar Property Company. Without question, affordable housing has caused contention across all classes. According to “The State of the Nation’s Housing 2021” report (subscription required), homebuyers and homeowners are currently divided into different categories. One category is rushing to purchase a home from savings acquired during the pandemic,