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Paul Allen’s estate recently sold 10 properties in New York and Seattle for a total of $168 million. Allen, the Microsoft cofounder who died in 2018, had a massive trust that included pro sports teams. Reports have indicated that Allen’s sister must liquidate the trust and donate the proceeds. Loading Something is loading. Paul Allen’s…
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Built and Nativ team up to deliver the first collaborative deal management platform for CRE lenders across construction, transitional and stabilized real estate assets NASHVILLE, Tenn., July 29, 2022–(BUSINESS WIRE)–Built Technologies, a leading software provider for real estate lenders and the construction industry, announced that it has acquired Nativ, a leading deal management platform for…
The real estate investment platform backed by Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets. Arrived Homes acquires single-family homes to use as rental properties, then sells shares of these properties to investors through its online platform. The demand for rental property…
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VP of Sales, Trusted Rate, Inc. Passionate about helping people lead financially abundant lives through real estate. getty Some people are worried about an upcoming housing crash in the United States. According to April 2022 data from the S&P CoreLogic Case-Shiller Indices, “home prices continue to increase across the U.S.” In fact, there was a…
Over the past dozen years, Sanford Solny has built a New York real estate empire, snatching up small residential buildings across the city that churn out hundreds of thousands of dollars in rent. His portfolio would be enviable but for one thing — much of it, prosecutors and homeowners contend, was stolen. In criminal charges…
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Real estate investment platform Fundrise recently acquired Sunset Village, a community of 233 detached, single-family rental homes in Panama City, Florida. The purchase was made by a joint venture between two Fundrise-sponsored funds: the Flagship Real Estate Fund, which was backed by Goldman Sachs Group Inc. (NYSE: GS) last year with a $300 million credit…
Katrina Campins weighs in on the recent slowdown in the real estate market and explains what’s behind it. Luxury real estate agent Katrina Campins argued Wednesday that “the stock market is going to be an indicator of what happens in the real estate market.” The Campins Company founder stressed clients have been impacted by the stock market, which,…
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When it comes to maximizing your lifestyle and net worth, the question “should I rent or buy” is one of the most heavily debated. Even if you already own your home or apartment, it’s a good exercise to regularly consider whether living there is the optimal move. Taking on debt to buy is always a…
(NEXSTAR) – Amid rising mortgage rates and fears of a recession, the once-torrid real estate market has cooled dramatically in some U.S. cities. According to a study from Redfin, the top three and five of the top 10 are all located in California. San Jose, California, where the median sale price is $1,560,000, cooled the…
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Cody and Zach Vichinsky changed the luxury real estate game on Long Island by specializing in properties worth more than $10 million, including homes seen on Succession and in Wall Street. So why is greed no longer good? By Luisa Kroll In August 2021, Bespoke Real Estate in Water Mill, New York, secured the exclusive…
Read More “Brothers Behind $8 Billion Hamptons Real Estate Firm Cut Commission Rate To 1%” »
