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
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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
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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.
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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
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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,
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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 …
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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
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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
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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
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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,
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