Pent-up demand is bringing shoppers back to malls like the Mall of America in Minneapolis. Owen Franken | Corbis Documentary | Getty Images After being hobbled by the pandemic recession, real estate investment trusts are rebounding rapidly, and the economic recovery isn’t the only thing driving growth this year. Share prices are rising from demand
Real Estate
Nova Scotia—Concierge Auctions, the largest luxury real estate auction marketplace in the world, will bring Whaleback Estate to auction on August 26, via the firm’s digital marketplace. According to listing agents Mariana Cowan and Ian Smith, the team opted to bring the 6,790-square-foot estate to auction because “the format drives healthy competition…auctions are used for virtually
Kseniya Ragozina | Getty Images Small investors who might not have the funds – or the stomach to be landlords – have a new option to get in on the lucrative single-family rental market. Fundrise, which started in 2012 as a crowdfunding platform for commercial real estate, is broadening its scope to single-family rental homes.
While there will hopefully be many lessons learned from this pandemic—how to make a sourdough starter, how to keep houseplants alive, how to practice gratitude—none is perhaps more important than how to take care of one’s mental and physical health. Maintaining mental and physical wellness can be done in a variety of ways—anything from meditation
Richard Stephen | iStock | Getty Images Leopold broke down his bed and his children’s bunk beds and packed up his belongings, preparing for himself, his wife and their six children to become homeless. “I was trembling,” said Leopold, who asked to use his first name only because of the stigma attached to eviction. “But
City Developments—controlled by billionaire Kwek Leng Beng—said Friday the property developer will report further losses in the first half this year amid the lingering impact Covid-19 lockdowns and financial troubles at Chinese subsidiary Sincere Property Group. “Though signs of improvement are evident across the group’s business segments, the prolonged Covid-19 pandemic has led to the
More than 11 million Americans continue to report being behind on their rent. How much renters owe varies greatly from one state and county to the next, according to data provided to CNBC by Surgo Ventures, a nonprofit organization focusing on health and data. Across the country, the average renter in arrears owes $3,700. The
It’s not every day that a prime piece of Beverly Hills becomes available, making this $33-million estate something of a rarity in today’s market. Spread across two side-by-side lots in the Flats section, the two-house compound with a tennis court is about as choice as it gets, according to listing agent Jonathan Nash with Beverly
In this article GOOGL Google is asking the city for feedback on its early plans to transform a Silicon Valley office site with “sustainability” features. City of San Jose filings Google is planning yet another Silicon Valley campus, which will sit adjacent to a new center partly devoted to hardware, according to preliminary plans obtained
An unprepossessing two-story building with a gambrel roof along the side of a road in Muscle Shoals, Alabama houses FAME Recording Studios (short for Florence Alabama Music Enterprises.) Erected in 1961 from the proceeds of the company’s first hit, You Better Move On, the ordinary building has had an extraordinary effect on the music world. The
Lucy Nicholson | Reuters The Centers for Disease Control and Prevention on Tuesday released a new federal eviction moratorium, just days after the previous ban expired on July 31. The new rules bought more time for some, but not all, of the millions of renters facing eviction. It’s also increased confusion for many in danger
Breckenridge, Colorado, has a decidedly more low-key vibe than ski resort areas like Aspen or Vail. Still, the luxury real estate market there is plenty active, with the average sale price in June rising to $1.4 million. Breckenridge has the advantage of being closer to Denver International Airport, making it attractive for buyers—both vacationers and
In this article MGP VICI MGM Resorts International President and CEO Bill Hornbuckle is interviewed during the launch of the 100-megawatt MGM Resorts Mega Solar Array, the hospitality industry’s largest directly sourced renewable electricity project in the world on June 28, 2021 in Dry Lake Valley, Nevada. Gabe Ginsberg | Getty Images Real estate investment
Elik Jaeger President & CEO at SuiteSpot Technology, frictionless facilities management PropTech for multifamily operators. As an asset manager, it’s your responsibility to ensure that your assets remain competitive and relevant, manage risk, drive revenue growth, and consequently find ways to increase the value of your property. If those assets include multifamily properties, that’s a challenging
No-Mad | iStock | Getty Images The Biden administration is expected to announce a new federal eviction moratorium on Tuesday, according to a source familiar with the matter. The eviction ban will be targeted at areas of the country experiencing high levels of coronavirus infections. The protection will last for 60 days until Oct. 3,
Almost every real estate agent across the country has the same complaint right now: There’s not enough to sell. The boom of activity we saw last year has slowed down to a screeching halt, and now there are only limited numbers of houses on the market—with far more competition. So, what does that mean for
Bill Oxford | iStock | Getty Images Although the national ban on evictions is now over, a number of states have issued their own protections for renters that will last for months more. These local policies can buy tenants time to get approved for federal rental assistance and help them to stay in their homes.
As lumber prices hit dramatic highs last Spring, homebuilders and developers held their breath, with many opting to delay construction on new projects until prices abated. The roller-coaster prices hit both large national entry-level builders and custom luxury home developers building on speculation. Lumber prices have since come back to earth—according to Fortune, lumber prices have
Buying a house can be expensive. The typical U.S. home will set you back $287,148, according to a recent report from Zillow. But the mortgage amount most likely won’t cover all of the upfront costs homebuyers will face. Check out this video for a full breakdown of how much you should have in savings before
Making a living as an artist today isn’t easy. Financial success is extremely rare. Merchandise and collaborations are two of the best ways to spread brand awareness and establish a loyal customer base. And no one has mastered this quite the way Instagram’s “Candy Artist” Robyn Blair Davidson aka by robynblair has. With prices for
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