Michael H. Zaransky is Founder and Managing Principal of MZ Capital Partners, an award winning multifamily investment and development firm. The coronavirus pandemic has forced those of us in the multifamily sector to reassess real estate’s time-honored location-location-location mantra. With remote work now commonplace in several businesses — a trend that promises to continue post-pandemic —
Real Estate
Maskot | Maskot | Getty Images President Joe Biden laid out a plan this week to narrow the racial wealth gap in the U.S. Many were disappointed not to see any mention of student loan forgiveness in that agenda. The president’s initiatives, announced 100 years after the Tulsa Race Massacre, will include tackling racial discrimination
This grand mansion built in 1885 has deep roots in Montecito. For three decades, it was the family home of the famed Moody Sisters, four women who left their mark on Santa Barbara housing by designing and developing what are known as Moody Sisters Cottages. Trailblazers at a time when few women had jobs outside
People wait to visit a house for sale in Garden City, Nassau County, New York, on Sept. 6, 2020. Xinhua News Agency | Getty Images Mortgage interest rates are near historic lows. Yet if you want to take advantage of those rates, check your credit score first. That three-digit number determines whether you can get
Glenview, Ill.—The John O. Carr House, designed by Frank Lloyd Wright in 1950, is now available for auction, with $1,200,000 as the suggested opening bid (not the asking price). Located on a picturesque three-acre lot in Glenview, Illinois, the four bed, three-and-a-half bath architectural gem is designed in Wright’s Usonian style and features the architect’s
No-Mad | iStock | Getty Images More than 11 million Americans are behind on their rent and many could be pushed from their homes when the national eviction ban expires in June. The Centers for Disease Control and Prevention’s eviction moratorium, which has been in effect since September, will lift on June 30. Although the
In 2007, Donald Wexler, the late Mid-Century architect (a protegee of Richard Neutra and William Cody) who helped shape Palm Springs’ Modernism movement, designed a Hollywood Hills compound for his son, international photographer and director Glen Wexler. “Donald Wexler worked together with Glen, who wanted a very specific live-work space. That is what the design
Dallas Federal Reserve President Robert Kaplan cited potential excesses in the housing market and other inflation signs as an indication that the central bank should start slowly pulling back on its asset purchase program. With the Fed still buying at least $120 billion in bonds each month, a total that includes $40 billion in mortgage-backed
Everything is coming up roses (and peonies) for Courtney Sixx, who is the founder of Bouquet Box. This innovative subscription box is the perfect gift for anyone with an equal appreciation for flowers and DIY projects. Launched in February 2021, Bouquet Box was co-created with famed floral design house Mark’s Garden. It’s a truly innovative product that’s the
Eddie Valdivia and his wife Vanessa pose in front of their first house, which they purchased in October 2020 with the help of a VA loan. Eddie Valdivia, 34 and his wife, Vanessa, 36, workers at the Red Cross, bought their first house last October, right in the middle of the pandemic. It’s a three-bedroom,
Charleston, S.C.—Located on one of Charleston’s barrier islands, the new luxury community Kiawah River reported an unprecedented sales record in the first quarter of 2021, surpassing its overall sales total for the previous year. As full-time remote work becomes a possibility for more U.S. workers, this somewhat remote Lowcountry agrihood is attracting buyers from across
Sharebite CEO and cofounder Dilip Rao and co-founder Mohsin Memon Source: Sharebite There’s no such thing as a free lunch – except when big companies want to get their employees back to the office during a pandemic. Employers including banks and asset managers, technology companies and law firms are ramping up back-to-work plans as more
Calling all design lovers—the newly released coffee table book, By Design, The World’s Best Contemporary Interior Designers (Phaidon, 2021) celebrates the work of over 100 of the world’s hottest designers working in the industry today, including Kelly Wearstler, Martin Brudnizki Design Studio, Luca Guadagnino, Neri&Hu, Norm Architects, Studioilse, Studio Shamshiri, Faye Toogood, Vincent Van Duysen, Nate
In this article BBY Ruben Fragoso checks out appliances for sale at the Best Buy store in April 2010 in Miami, Florida. Joe Raedle, Getty Images As Americans move into new houses, remodel homes and watch real estate values rise, Best Buy CEO Corie Barry said they are buying appliances and big-screen TVs and hiring
A visit to the Campbell House in Truckee, California, is a journey into the rail town’s past. Set on Donner Pass Road, the Queen Anne Victorian was built in the late 1800s in what today is known as the Brickelltown Historic District. This central commercial hub lies alongside the transcontinental railway line built by the
Ariel Skelley | DigitalVision | Getty Images Many older Americans worry about outliving their savings, and those fears have been magnified by recent spikes in inflation, eating away at retirees’ nest eggs. The consumer price index increased by 0.8% in April from March and surged 4.2% from the previous year, the biggest jump since September
Miami Beach, long a focal point for lovers of sun, sand and saturnalia, has adopted a new and more businesslike persona over the past pandemic-pummeled months. The city’s office market has been transformed into a haven for corporate transplants, welcoming increasing numbers of Wall Street dynamos and financial powers to its C-suites, and sparking a
A “For Rent” sign is posted outside a residential home in Carlsbad, California, on January 18, 2017. Mike Blake | Reuters If you think buying a house has become too expensive, try renting a home or apartment. Fast-rising home prices have investors seeing dollar signs, and renters digging deeper into their wallets. Rents for apartments
For those who live in urban centers, navigating life during COVID-19 has meant rethinking use of green spaces. Pre-COVID, the local park, courtyard or well-designed backyard may have been a nice-to-have amenity, but the pandemic brought to light the importance of accessible green spaces for both physical and emotional wellbeing. From socially distant picnics and
A computer generated aerial view of Greater Springfield near Brisbane, Australia. Springfield City Group Travel up the sunny shores of Australia’s Gold Coast, 25 kilometers outside of Brisbane, and you’ll find Greater Springfield, a city that’s different by design. You may never have heard of it. Unsurprising; the city is not yet 30 years old.
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