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Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat!  Since the build-to-rent model quietly crept into the real estate sector in the early 2000s, it has steadily gained steam, chugging to prominence in the last few years. But the success of build-to-rent is relatively new, and some investors still misunderstand

Even the virtual world requires a physical footprint. On Thursday, Sundar Pichai, CEO of Google and its parent company, Alphabet, published a blog post announcing plans to invest $7 billion in offices and data centers this year across 19 states. The plans include over $1 billion earmarked for California and the expansion of offices in

Things are heating up on the Kona Coast, particularly for those in the market for high-end real estate. Hokuli’a, a private residential club community on the Big Island of Hawai’i, this week rolled out its latest offering of luxury homes: 20 premier oceanside lots, each offering sweeping views and direct access to roughly three miles

Many Upper East Side apartments boast timeless prewar details and elegant rooms. This newly-listed residence at 1000 Park Avenue comes with another layer of character: interiors by noted French designer Jacques Grange. Among the most revered interior designers globally, Grange is known for tying together traditional and contemporary elements. In addition to New York hotel

Every neighborhood in Manhattan has its own unique character, but Sutton Place, a cozy neighborhood nestled along the East River between 53rd and 59th Street, offers something completely one-of-a-kind in a city as vibrant as New York—tranquility. Composed of roughly a dozen blocks, Sutton Place is known as a cul-de-sac community—a reference to the many

If the pandemic has taught us anything, it’s how important our homes are. After more than a year, many of us are tired of looking at the same walls, perhaps are ready to upgrade our appliances to match our newly found love for cooking, or just want to surround ourselves with brighter, mood-boosting colors. This

CNBC’s Jim Cramer said Tuesday he believes it’s a favorable environment for investors to put money to work in the U.S. stock market. Positive economic signs are abound, Cramer said on “Squawk on the Street,” reading a sampling of headlines on Tuesday’s front page of The Wall Street Journal about a recovery in airline travel,

Goldman Sachs veteran trader Michael Daffey is seen in this undated handout photo, in London, Britain. Goldman Sachs via Reuters Former high-ranking Goldman Sachs executive Michael Daffey bought a New York City mansion this month for a whopping $51 million from the estate of the late convicted sex criminal Jeffrey Epstein, his spokesman said Tuesday.

A house’s real estate for sale sign shows the home as being “Under Contract” in Washington, DC, November 19, 2020. Saul Loeb | AFP | Getty Images Higher mortgage rates are cutting into demand for refinances, as fewer and fewer borrowers can now get worthwhile savings. Applications to refinance a home loan fell 4% for

Federal Reserve Chairman Jerome Powell speaks at a virtual news conference in Tiskilwa, Illinois, on Dec. 16, 2020. Daniel Acker | Bloomberg | Getty Images The Federal Reserve on Wednesday kept its benchmark interest rate at zero to continue to support the economic recovery from the coronavirus pandemic. The decision comes just days after the

Allen J. Schaben | Los Angeles Times | Getty Images More than 2,200 organizations have written a letter to President Joe Biden urging him to extend the national eviction moratorium. The Centers for Disease Control and Prevention announced a ban on evicting struggling renters during the pandemic last September, and that protection is scheduled to

The internet service company known as Angie’s List has rebranded, revamped its website and launched a new app as it looks to further penetrate the home services industry. Under its new name, Angi wants to smooth out the home renovation process by offering consumers a single platform to connect with contractors, book and make payments.

Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google says it plans to spend more than $7 billion on real estate across the U.S. in 2021 as it resumes spending in the wake of the Covid-19 pandemic. The

vitapix | E+ | Getty Images Mortgage rates bounced higher again this week, making homebuying even more expensive at the start of the all-important spring market. With home prices skyrocketing, any rise in rates knocks even more potential buyers out of the running, and yet somehow the housing market is more competitive than ever. The

With more companies allowing their employees to work from home during the Covid pandemic, young urbanites have been moving into suburban and rural areas that give their pets more space to roam, said Petco CEO Ron Coughlin in a “Squawk on the Street” interview. “There are people, millennials, who couldn’t have pets in apartments, who

Victor Washington fell behind on his rent during the pandemic. He and his landlord, Andrea Sorum, joined forces to keep him in his home. Source: Andrea Sorum At one point in the pandemic, Victor Washington was nearly four months behind on his rent. The problems began soon after he moved into the one-bedroom condo in