Month: October 2020

eGuide Sponsored by Elevant 3 Simple Strategies to Solve COVID Challenges As a commercial building owner, you are facing unprecedented challenges in the wake of COVID. Most notably, increased operating expenses and reduced cash flow. This guide reveals 3 strategies to overcome COVID-related challenges while cutting costs and helping tenants return to your properties. Browse
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“What did I expect?” asked Lorraine Bracco in the intro to “My Big Italian Adventure,” which premieres Friday, Oct. 30, on HGTV. The reality show follows the 66-year-old, Brooklyn-born “Goodfellas” and “Sopranos” actress as she renovates an ostensible dream home she purchased in idyllic Sicily, the birthplace of her grandparents, for the nominal sum of
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MIAMI—Developers of mixed-use communities across the country have had to get extra creative in order to engage residents and visitors in a safe way as COVID-19 concerns continue. Those ideas have ranged from expanded outdoor dining to new amenities, and according to a source, we might even see holiday activities and performances popping up in
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Despite the pandemic, interest still remains for new construction, especially in the warehouse/logistics sector. As the construction industry recovers from the initial impact of the pandemic, project volume is trending upward. There is still a market for new construction, especially in the warehouse/logistics sector, as well as a demand for large-scale renovations as investors seek
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Joe Raedle | Getty Images Now that more Americans can work and attend school from anywhere, they are increasingly looking to leave large urban centers for smaller, less dense cities with cheaper housing. As different real estate entities try to measure the migration, certain cities are standout destinations. Santa Barbara, California; Louisville, Kentucky; and Buffalo,
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BEVERLY HILLS, CA—Kennedy Wilson revealed that it has acquired 880 units across three multifamily properties in an off-market transaction for $198 million. The communities expand Kennedy Wilson’s multifamily portfolio focused on institutional-quality, garden-style apartment properties in rapidly growing markets across the western United States. According to a prepared statement, the company’s value-add asset management plans
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Real Estate Video, This Handicap Friendly 13 Green ST Houlton ME Ranch Home Listing. Wheel Chair Ramp, Bathroom Grab Bars In Place! One Floor, 3 Bedrooms, .55 Acre Lot With 175′ Bordering Pearce Brook Waterfront! 4 Blocks From Schools, 2 Blocks From Downtown Houlton Maine Shopping Convenience! Looking For Easy To Heat, Insulated Houlton Maine
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Forget private islands — now you rent out an entire private mountain for yourself. As part of a special one-time listing, vacation-rental company Vrbo is offering outdoor adventure seekers the opportunity to book a brand-new five-bedroom ski chalet in Beaver, Utah — along with the entire ski resort and mountain that surrounds the property. The
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As the pandemic crunches schools’ budgets around the country, their real estate holdings may be a key to unlocking liquidity and reducing occupancy costs. “The pandemic is fast-forwarding business models that were already pivoting to take into account declining enrollments, reductions in state funding, higher debt loads and more distance learning,” stated Andy Graiser, co-president
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Large coastal markets will face the most challenging path forward, according to a new special report from Marcus & Millichap. In its latest data from Beyond the Global Health Crisis fourth quarter report, Marcus & Millichap notes that Northeast and West Coast with large population centers will face the most challenges regaining normalcy following the
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Pedestrians walk past commercial real estate in Manhattan. Michael Nagle | Bloomberg | Getty Images Decidedly weak quarterly earnings reports from major apartment real estate investment trusts this week paint a bleak picture for some of the largest urban rental markets. The coronavirus pandemic has caused thousands of apartment dwellers to seek safer, larger, single-family
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Today’s professional workplace is continuing to undeniably undergo a dramatic transformation. Since the onset of the pandemic, companies have been required to evolve countless practices and implement new policies for a positive impact on the industry and continued success. Companies across all industries have transitioned to full online operations, added innovative technology for streamlined processes,
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NEW YORK CITY –  New York Life Real Estate Investors has closed its commingled, high yield real estate debt vehicle, Madison Square Structured Debt Fund. The closed-end fund, secured nearly $500 million in committed capital, and will originate bridge loans collateralized by institutional-quality office, multifamily, industrial, retail and other niche sector assets in primary and
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