Omaha's CRE Summit will honor commercial real estate projects, leaders

Omaha’s CRE Summit will honor commercial real estate projects, leaders

A highlight is the Hall of Fame luncheon that this year will honor five heavyweights of the local commercial real estate industry: Barry Zoob, senior vice president at Colliers; R.J. Neary, president at Investors Realty; Robert Freeman, partner at Fraser Stryker law firm; George Hancock, associate broker, …
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This week in celeb real estate: Former home of late actor Caroll O’Connor quietly lists for $20M …

It’s a lot nicer than Archie Bunker’s place. And it’s as close as most fans of the man who played the cantankerous “Archie Bunker” are going to get to his fictional home. The actual former home of the late actor Carroll O’Connor and his wife, the late Nancy Fields O’Connor is being shopped around as a …
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Jef Farley of Pendleton elected new chair of Oregon Real Estate Board

PENDLETON — Real estate broker James “Jef” Farley of Pendleton is the new chairperson of the Oregon Real Estate Board. The Umatilla County Board of Realtors recently reported the state board elected Farley to the post at its October meeting. Farley is co-owner of Coldwell Banker Whitney and …
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In Berlin's booming property market, some real estate firms see further opportunity for growth

In Berlin’s booming property market, some real estate firms see further opportunity for growth

Visitors to Berlin these days won’t have to look far for signs of its booming property market. Nearly every corner of the German capital is awash in new real estate developments, ranging from soaring luxury condominiums towers to fully renovated pre-war buildings. Many of the new properties boast …
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Robinson-Harris & Co. being acquired by United Real Estate Richmond

Longtime Richmond real estate firm Robinson-Harris & Co. is being acquired by United Real Estate Richmond, officials announced this week. … a position to grow the Robinson-Harris brand for another generation,” John S. Finn Jr., managing broker for United Real Estate Richmond, said in a statement.
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New York real estate firm acquires owner of two Connecticut malls

“We are pleased to have reached an agreement and are excited about combining Brookfield’s access to large-scale capital and deep operating expertise across multiple real estate sectors with GGP’s portfolio of irreplaceable retail assets,” Kingston said in statement. In addition to its existing Connecticut …
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East Bay real estate industry sorely lacks diversity, but there's 'light at the end of the tunnel'

East Bay real estate industry sorely lacks diversity, but there’s ‘light at the end of the tunnel’

Only a tiny percentage of real estate agents in the U.S. are people of color, and the same is true in Berkeley and the East Bay despite the relative diversity of the area, industry leaders say. Five percent of the country’s 1.3 million Realtors are African-American, 5% are Asian and 9% are Hispanic, …
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Guilty verdict in real estate fraud trial involving Raleigh, Wake Forest, Cary properties

A Greensboro man has been found guilty of orchestrating what the feds are calling an “extensive bank lien theft scheme” in the Triangle – one that involved converting real estate sales into “valuable assets, such as gold and recording studio equipment.” A federal jury found Xavier Milton Earquhart guilty …
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Four Traits To Look For When Hiring New Real Estate Agents

It would be easy to create a complete list of characteristics and qualities of the ideal real estate agent, but not only would that list be extremely long, the vast majority of those qualities and characteristics would be rather unimportant in the grand scheme of things. Real estate managers and leaders should …
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Residential Real Estate Awards 2018: These are Houston's top Realtors

Residential Real Estate Awards 2018: These are Houston’s top Realtors

The agents honored in this year’s Residential Real Estate Awards are the cream of the crop — those who sold the most in sales volume and conducted the most transactions in 2017. As in years past, we also honor Houston’s top luxury sales agents. Congratulations to this year’s top residential real …
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Residential Real Estate Awards 2018: This is Houston’s top large real estate team

A few years ago, HBJ introduced a special large teams list ranked by sales volume, and The Loken Group has held a top spot ever since — this year, claiming No. 1 position. Lance Loken leads the team of over 50 Realtors and associates. The team reported $449.62 million in sales, which is a 150 …
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Residential Real Estate Awards 2018: Meet Houston’s top real estate team by number of …

This is The Gayden Team’s second appearance on the RRE Awards lists, and — despite changing brokerages last year — the team topped both the Top Residential Real Estate Teams by Sales Volume and Top Residential Real Estate Teams by transactions Lists. Last year, the team closed on 867 …
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Total Income+ Real Estate Fund Announces 1Q Distribution at a 5.25% Annualized Distribution Rate

Total Income+ Real Estate Fund Announces 1Q Distribution at a 5.25% Annualized Distribution Rate

NEW YORK, March 29, 2018 /PRNewswire/ — Bluerock’s Total Income+ Real Estate Fund (“TI+,” tickers: TIPRX, TIPPX, TIPWX, TIPLX) has paid a first quarter distribution of $0.3923 per share, or 1.31% for the quarter, based on the share price of $29.89 for shareholders of record as of March 28, 2018 …
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Bear Real Estate Advisors Founder Matt Bear to Moderate Panel at 16th Annual RealShare Net …

NEW YORK, March 29, 2018 /PRNewswire/ — Bear Real Estate Advisors announced today that its founder and CEO Matt Bear will moderate the Increasing the Inventory: 2018 Sector Developments panel at the 16th RealShare Net Lease Conference on Thursday, April 5, 2018 at the Park Lane Hotel in …
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Photo Recap: D CEO’s 2018 Commercial Real Estate Awards

D CEO was honored to recognize nearly 70 real estate leaders at our 2018 Commercial Real Estate Awards program on March 28. The exclusive event, held at Gilley’s Dallas, attracted about 500 industry all-stars and executives from Dallas-Fort Worth’s leading property companies. Congratulations to …
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$77M real estate transaction in Montco; Benchmark School expanding

$77M real estate transaction in Montco; Benchmark School expanding

Here’s how the sales of 14 buildings that MLP Ventures — formerly known as O’Neill Properties Group — are getting recorded with Montgomery County as part of a $76.9 million transaction announced in January. The real estate company bought the properties in a portfolio from Liberty Property Trust.
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Real Estate Transfers: 03-29-18

14813 Saddle Horn Drive, Perrysburg, residential, from Buckeye Real Estate Group LLC, to Edgar Moron and Julieta Velasco, $314,900. • 0 and 306 N. Garfield St., Bloomdale, 2 parcels, residential, from Darrell Wolfe by Wood County Sheriff, to Rickey and Danielle Rosendale, $65,000. • 822 Touraine …
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The Hottest Real Estate Market You Never Heard About

Now Tower One (TO; TOWTF) is riding the global telecom revolution to jump into this hidden real estate niche – right as it takes off in South America. They’ve got the right team, at the right time. And, they’re the only small cap entry point into this little known but highly lucrative investment opportunity.
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Sellers Market continues to dominate real estate

Sellers Market continues to dominate real estate

The housing market in the Gallatin Valley posted record numbers in February, according to the Gallatin Association of Realtors, with an increase in sales across the board from single family homes to condos. “We continue to see a healthy, competitive real estate market,” Steve Candler, CEO of the …
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Real estate acquisition preps Chaminade for expansion

“The Saticoy property is a rare find for our school community,” said Robert Webb, Chaminade president. “The acquisition of this property allows us to think boldly and creatively about our future facility and programmatic needs of our students. “In concert with our new strategic plan, we will envision our …
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Skin in the game: Real residential brokerage will offer agents equity pay bonuses

Real, a tech-focused residential sales brokerage, plans to launch an equity-based bonus pay package for its agents later this year, The Real Deal has learned. … Real hasn’t decided in what form the equity will be awarded. … Brokers pay Multiple Listings Service fees and local real estate board fees.
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Call For Action Team Helps Solve Boston Real Estate Tax Mix-Up

Call For Action Team Helps Solve Boston Real Estate Tax Mix-Up

BOSTON (CBS) — “The minute the bill comes in, the money goes out.” Daphne Georges was talking about her real estate tax bill. As long as she has been living in her Jamaica Plain home, she has always paid the bill right away. So, she was surprised when her latest bill stated she had never paid last …
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Safra family’s real estate arm buys Soho building for $24M

The real estate family office for the Safra family has purchased a mixed-use Soho building for $23.5 million, property records show. The building at 13 Prince Street stands five stories tall with 20 apartments and three commercial units. JSRE Acquisitions purchased it from 224 Enterprises Inc., which is …
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Icons of real estate share stories, impart wisdom

The panel, called Icons of Real Estate, consisted of Chad McWhinney, Kevin Brinkman, Connie Dohn, Larry Kendall and Martin Lind, who collectively have over the past four decades played critical roles in changing the landscape of Northern Colorado through myriad community developments, …
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Experts weigh demand drivers for commercial real estate

Experts weigh demand drivers for commercial real estate

LOVELAND — Northern Colorado must work hard to preserve and grow key, high-paying industries in the coming decades, even as real estate developers and investors adapt to demographic and lifestyle changes that will alter their industry. Those were among the messages at the “Demand Drivers” …
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Merger mania grips real estate fund managers

Merger mania has gripped the real estate fund management industry, as firms fight over more selective institutional clients. Bavaria-based Patrizia Immobilien, for example, bought three companies over the past year and more than doubled its assets under management to $49 billion. Last year Aberdeen …
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Five More Secrets To Successful Single-Family Rental Real Estate Investing

Investing in instruments like stocks and commodities is very different from investing in single-family rental real estate. The latter is a much more hands-on venture where you have more control but also more responsibility for the performance of the asset. As a result, real estate investing requires that you …
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Brexit and the City: the Real Estate Agent's View

Brexit and the City: the Real Estate Agent’s View

One of the indicators – commercial property prices in the City of London – are now at the highest level since after the Brexit vote in the third quarter of 2016, … The price of renting real estate in the City of London district rose 9.5 percent in the last three months of 2017, climbing to 78 pounds ($107) per …
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Valley sees a significant real estate rebound

Well, fast-forward 10 years and the real estate market is back in full force and thriving. “We’re seeing houses moving fairly fast,” said Nate Martinez, who is a Valley real estate agent and has been in the business for more than 30 years. The Phoenix real estate market has officially taken off. “The market is …
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Real estate owners vie for NYC tax bill relief, reap $577M

Both large and small real estate owners of 98.6 percent of the city’s total taxable value have filed to have their assessments from last year reduced — and have saved a collective $577 million. A new report from the NYC Tax Commission for fiscal 2017 shows the independent agency received 54,730 …
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Real Estate Rumors: EagleBank, Weinstein, Platinum Equity

Real Estate Rumors: EagleBank, Weinstein, Platinum Equity

Law360 (March 27, 2018, 8:12 PM EDT) — EagleBank has loaned $47 million to a joint venture of LodgeWorks Partners LP and The Schupp Cos. for a hotel in Arlington, Virginia, Commercial Observer reported on Tuesday. The loan is for Hyatt Place Arlington Courthouse Plaza, and replaces a $42.2 …
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Montgomery County approves to discuss increasing real estate taxes

CHRISTIANSBURG, Va. – The Montgomery County Board of Supervisors voted to have a discussion with the community to raise real estate taxes to fund school resource officers in all eleven elementary schools. “In the world, or all over the country, there is no guarantee if the next bad guy or girl is going …
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Facebook allows real estate advertisers to discriminate: suit

Wittingly or unwittingly, the social network run by billionaire Mark Zuckerberg has been helping landlords discriminate against women and other protected classes by letting landlords and real estate brokers exclude families with children, women and other minorities from receiving their housing ads, …
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Chinese investment in US real estate fell 55% in 2017

Chinese investment in US real estate fell 55% in 2017

Chinese investment in U.S. commercial real estate registered a jaw-dropping 55 percent decline in 2017, a result of tighter capital controls imposed by the Chinese government, increased regulatory scrutiny and more attractive opportunities in other countries, according to a report by Cushman …
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Real Estate announce new US tour dates for this summer

Real Estate just wrapped up a series of shows last month, and now the easygoing indie outfit has announced a new batch of North American dates in … Late last year, Real Estate found themselves in the spotlight when the band revealed they fired former guitarist Matt Mondanile for “unacceptable …
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Real Estate Announce US Tour

Real Estate have announced a new U.S. tour, kicking things off with a performance at Mr. Small’s Theatre in Pittsburgh, Pennsylvania on June 5. Other cities on the itinerary include St. Louis, Minneapolis, Cleveland, Jersey City, and more. Find the full schedule below. Real Estate’s most recent album In …
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Chinese Real Estate Deals Drop in US

Chinese Real Estate Deals Drop in US

Chinese investment in U.S. commercial real estate is falling, an ominous sign for landlords with buildings to sell. After several years of breakneck deals around the globe, Chinese firms are slowing down as their regulators restrict overseas investment in an effort to curb speculative purchases and keep …
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Colony NorthStar Credit Real Estate Might Not Be A Disaster

Colony NorthStar Credit Real Estate (NYSE:CLNC) began trading on 2/1 following the merger of two private REITs (NorthStar Real Estate Income 1 & 2) and a portfolio of assets contributed by Colony NorthStar (CLNS). Additional details of the transaction are described in the 2/1 press release, January …
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Montgomery County supervisors vote to advertise proposed 1.5-cent real estate tax increase

Montgomery County supervisors vote to advertise proposed 1.5-cent real estate tax increase … CHRISTIANSBURG — Montgomery County officials are calling for a 1.5-cent increase to the real estate tax rate. The Board … An annual real estate tax bill of $905 for the owner of a home valued at $100,000.
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Real Estate Rumors: Union Pacific, Equity, Location Ventures

Real Estate Rumors: Union Pacific, Equity, Location Ventures

Law360 (March 26, 2018, 7:58 PM EDT) — Union Pacific Railroad has bought a vacant property in Chicago’s Austin neighborhood for $12.2 million, Crain’s Chicago Business reported on Monday. The deal is for 401 N. Cicero Ave., a 30-acre parcel that was once the Brach’s candy plant and was at one …
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Real Estate Roundup: Coleman Highline moves ahead; Palo Alto investors make a fast profit

Now that Hunter Storm has purchased the property it’ll need to complete its approximately 45.5-acre Coleman Highline development, the company last week also submitted a planned development permit to allow 775,000 square feet of commercial office and two parking structures totaling 16,000 square …
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Proposal impacts real estate industry

Ohio legislation has been proposed to close the “LLC Loophole” on real estate transfer taxes. The bill would apply to any transfer of ownership interest in a pass-through entity that owns real estate both directly or indirectly. “While the change wouldn’t cost a lot for many real estate owners, it is something …
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Luby's Inc.: It's All About The Real Estate

Luby’s Inc.: It’s All About The Real Estate

A change of ownership or monetization quest is necessary to unlock the company’s hidden value. CEO is still quietly and methodically accumulating shares and enjoys full control of the company. Being greedy, when others are fearful, can get you to the promise land, especially on real estate plays.
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Missouri Local Government Employees slates$150 million for real estate, infrastructure

Missouri Local Government Employees Retirement System, Jefferson City, made two new commitments totaling $150 million, said Brian Collett, chief investment officer, in an email. The $7.5 billion pension fund committed $75 million to Garrison Real Estate Fund IV, a secondary real estate fund …
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A pad to pirouette in: Famed ballerina lists Hamptons home for $37M

One of her sons, Niko Elmaleh, 71, said they are selling the home because his mother isn’t able to use the property often. His late father, Victor Elmaleh, chairman of real estate development firm World-Wide Group, renovated the home in the mid-1970s. “The whole joy of living there is feeling like you’re …
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Investment Grade Companies Predicted to Sell More Real Estate

Investment Grade Companies Predicted to Sell More Real Estate

NEW YORK CITY—In the last few years corporate debt has been very cheap. “With investment grade credit rating, you could call up Goldman and Barclay’s and raise very cheap corporate debt and bonds with limitless amounts of debt out there,” says Glen. D Kunofsky, executive managing director …
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What Happened with Forest City’s Potential Sale?

After nearly six months, Forest City Realty Trust Inc. announced that it has ended its strategic review process—and it did not result in a sale of the company. Instead, the Cleveland-based REIT, which had been facing activist pressure to boost shareholder value, reconstituted its board to increase the …
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Tokyo’s investment with Kushner real estate group stays below the radar

You could call it “Japanese Prime Minister Shinzo Abe and the tale of two real-estate deals.” At home, Abe appears to be doing everything he can to hold onto power by fending off and defusing the opposition’s campaign to bring clarity to a series of disturbing and perhaps corrupt practices surrounding …
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TAG, Kreativ partner on real estate expo

TAG, Kreativ partner on real estate expo

As part of its efforts to put together a successful event for the 2018 edition of the Real Estate Exhibition and Trade Show, the team at TAGEXPO says it is partnering Kreativ Management Limited, a financial advisory and solutions firm. The partnership agreement was signed at a closed ceremony by the …
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A house in Ocean Hammock was the top real estate transaction

The top real estate transaction for the week of Feb. 15-21 in Flagler County was in Ocean Hammock. Robert and Lisa Bernabucci sold 61 Northshore Drive to Robert Slingsby, of Palm Coast, for $1,562,500. Built in 2008, the house has four bedrooms, five baths, two half-baths, a fountain, swimming pool, …
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Vermont county and Silicon Valley startup close historic RE deal using blockchain

The deal was worth an unsuspecting total of $10, but what it represents could disrupt the entire real estate industry worldwide. The deal was part of a pilot program between a county in Vermont and San Francisco-based startup Propy, which is developing a blockchain-powered registry for real estate …
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Head-To-Head Analysis: NRF Holdco (NRF) and Inland Real Estate (IRC)

Head-To-Head Analysis: NRF Holdco (NRF) and Inland Real Estate (IRC)

NRF Holdco (NYSE: NRF) and Inland Real Estate (NYSE:IRC) are both financials companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, profitability, valuation, risk and earnings.
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Laurel Wealth Advisors Inc. Invests $201000 in iShares US Real Estate ETF (NYSEARCA:IYR)

iShares US Real Estate ETF logo Laurel Wealth Advisors Inc. bought a new position in shares of iShares US Real Estate ETF (NYSEARCA:IYR) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 2,490 shares of the real estate investment trust’s stock, valued at …
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Is your project “Instagrammable” enough?

Love it or hate it, the new reality is that, unless a project is adored enough to fill the Instagram feeds of its customers, guests or residents, it’s safe to say something in the design is off. “In reality, every space inside a project has to be ‘Instagrammable,’” designer Philippe Maidenberg told Architect’s …
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Access to finance top-most concern of real estate industry

Access to finance top-most concern of real estate industry

Forty-nine per cent of participants in a PwC barometer on the real estate industry cited the access and availability of finance as their top-most concern. Other concerns highlighted are potential adverse changes to the taxation regime on properties, the lack of supply of property in the market and negative …
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Montgomery County real estate briefs: Week of March 25

The items will then be donated to the Montgomery County SPCA of Pennsylvania and used to provide the crucial care essentials needed by vulnerable animals in the local community. For more information about the Throw Us a Bone drive or to learn about the real estate services offered by Weichert, …
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Pediatrics Plus office building in Sherwood sells for $9.5 million

The seller was Pediatrics Plus Real Estate Sherwood LLC. EMR Land Co. and the JWDM Trust, with Judith Warde Davis Morrison as trustee, took out a $4.7 million mortgage with Bear State Bank in Little Rock to help finance the purchase. The loan matures in 10 years. Joshua Thieriot signed the …
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Real Estate trends forward as 2018 progresses

Real Estate trends forward as 2018 progresses

FLORENCE, S.C. — The Florence real estate market continues to benefit from construction and overall growth in the area. The real estate market saw inventory for sale increase from 491 properties in January to 540 in February. Keon Aldrich, president of the Pee Dee Realtor Association, said the …
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Real Estate Outperforms Amid Broader Selloff

Real estate sectors are relatively immune from these effects. REITs (VNQ and IYR) and homebuilders (XHB and ITB) outperformed this week, dropping 5% and 3%, respectively. Yield-sensitive equity sectors, including REITs and homebuilders, have outperformed over the past month as interest rates …
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Business briefs include new real estate agent, new business, ribbon cutting and certified chimney …

Alex Pond has joined The Steamboat Group Real Estate as a buyers agent after working for over 12 years at Colorado Mountain College as a property manager and working with the City of Steamboat Springs Parks and Recreation Department in Steamboat. “Steamboat is truly a paradise, and I am …
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ASU and CoreNet Global launch corporate real estate program

ASU and CoreNet Global launch corporate real estate program

Real estate is often the second largest budget item for companies behind labor. It’s also becoming an increasingly important tool affecting everything from how companies are managed and operate to effective hiring and employee retention. This has some looking more closely at real estate’s impact on …
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No stopping the local real estate market

It seems you can throw just about any obstacle in the way of the Lincoln real estate market these days, and it will just get swatted aside. Soaring prices? No problem. Rising mortgage rates? Not an issue. Lack of homes for sale? Next obstacle, please. According to data from the Realtors Association of …
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Strong Vail Valley real estate crimped by lack of inventory in all areas

There were significantly more transactions in January than the same period in 2017 — 143 this year and 122 in 2017. But the value of those transactions dipped by about $16 million. That doesn’t mean prices have declined — far from it. And Slifer Smith & Frampton Real Estate Vice President Shawna …
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REAL-ESTATE ROUNDUP: Five notes from Alki to Morgan

REAL-ESTATE ROUNDUP: Five notes from Alki to Morgan

WEST RIDGE PARK SOLD: New ownership for this sprawling rental complex that made news a decade ago for a canceled condo conversion. We received a news release today saying that Canadian-based real-estate trust RISE Properties Trust and Boston-based real-estate investment firm …
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Real estate notes, March 24, 2018

CANAAN — Broker associate Wendy Eichman has purchased the real estate operation formerly known as The Raynard & Peirce Real Estate Company. The new entity is Raynard & Peirce Realty LLC. Eichman transitions from Broker Associate to being Broker for her new company. Raynard & Peirce …
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Phoenix real estate company owner sentenced to prison

PHOENIX — Francisco Aguirre, owner of Montecristo Properties, was sentenced to 7.5 years in prison Friday for defruading 40 Arizona families, according to the office of Attorney General Mark Brnovich. He will also face six years probation after his release and must pay back $2 million in full restitution …
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Divorce Institute's graduates learn to 'minimize conflict, maximize profits'

Divorce Institute’s graduates learn to ‘minimize conflict, maximize profits’

If love is a battlefield then divorce is the grim aftermath. And when real estate brokers approach that emotional war zone, they should be ready. Enter Claremont-based Divorce Real Estate Institute, which on Friday announced its first graduating class of “certified divorce real estate experts.”.
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The president of CREW Silicon Valley has a recipe for success

You came into Arborwell with no knowledge about trees or real estate and now you are a certified arborist. Why did you decide to get the certification? I’m surrounded by all these people who went to college for these technical sciences, studied it their whole lives, have been out in the field. … Of course, I …
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Brookfield retail center sold to Chicago real estate firm

A Brookfield retail center that is 99 percent leased and houses tenants like CVS Pharmacy and Hooters Restaurant has been sold to a Chicago-based real estate firm. The Plaza, a 108,000-square-foot retail strip situated on 11 acres on West Bluemound Road, was purchased by Newport Capital …
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RI Real Estate Notes: Narragansett property brings $1.85M

RI Real Estate Notes: Narragansett property brings $1.85M

Ocean Meadow, a house set on three acres at 95 Old Boston Neck Rd. in Narragansett, has been sold for $1.85 million. John Hodnett, principal broker/owner of Lila Delman Real Estate International, represented the seller. The buyer was represented by Anita Langer of Residential Properties Ltd.
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Company News Real Estate

We believe Jennifer has the skill set to push the company forward and continue to make waves in the Tulsa-area real estate market. As we continue to grow, it is very important to maintain high levels of broker support to our current and future agents for them to be successful regardless of our size.
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Santa Clarita Diet introduces Joel and Sheila’s real estate nemeses

Joel and Sheila are making inroads with her when who should arrive but their apparent real estate nemeses, Chris and Christa. This is another terrific bit of casting because Joel McHale is highly skilled at playing a d-bag and Maggie Lawson is quite the Gal Friday for him, it turns out. I mostly know her …
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Startup hopes to disrupt real estate by cooperating with agents instead of competing

Startup hopes to disrupt real estate by cooperating with agents instead of competing

Somehow, real estate commissions have survived the wave of digital disruption that has hit travel agents, stockbrokers and taxi drivers. Even as companies such as Zillow have changed the way people search for homes, and various firms have tried flat- or low-fee models, most home sellers still pay a …
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County budget vote hikes real estate taxes 11.1%

It’s growing pains. It’s the price of growth. This is not the end of the world; we’re doing the right thing. — Supervisor Holder Trumbo. By Don Del Rosso Staff Journalist. Fauquier’s board of supervisors Thursday unanimously adopted a budget that will increase the “average” homeowner’s real estate tax bill …
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Real Estate Deals of the Year: Menlo Gateway

Why it won: Menlo Gateway office campus was perhaps the only new Bay Area commercial development to open in 2017 that needed voter approval. A six-year entitlement process culminated in a ballot measure that garnered 65 percent of the vote in 2010. All that effort was worth it after developer …
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Ryan Pattee tackles real estate with social mission

Ryan Pattee tackles real estate with social mission

Ryan Pattee’s first real estate purchase was at age 19, when he bought a home near 66th and Main streets in Milwaukee. Pattee and his wife after a few years sold the 800-square-foot ranch house for a profit. Pattee didn’t come from money, and the experience helped him realize how much can be …
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Forest City Realty Trust won’t be sold; board revamp, share buyback planned

Forest City has been trying to close the gap between its market value – nearly $5.7 billion, based on its closing share price of $21.27 Thursday – and the higher worth of its real estate. In September, the board launched a review process that drew interest from seven potential bidders and led to merger …
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MAPPED: Google’s growing real estate empire

From the March issue: With at least $4 billion in New York City real estate acquisitions alone — including the $1.77 billion deal for 111 Eighth Avenue in 2010 and the $2.4 billion buy of 75 Ninth Avenue that closed Tuesday— Google is earning a serious reputation as a local property owner and operator.
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Sentinel sells pair of rent-stabilized Crown Heights buildings for $53M

Sentinel sells pair of rent-stabilized Crown Heights buildings for $53M

International landlord Sentinel Real Estate sold two rental buildings at 921 and 941 Washington Avenue in Crown Heights for $53.3 million, records filed with the city Thursday show. The buyer was Graham and Gregory Jones’ GRJ real estate, a multifamily investment firm started by the siblings in 2010.
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Top of the List: Commercial Real Estate Brokerages

The full list of the largest commercial real estate brokerages in the Triad is available to subscribers only. Don’t subscribe? Sign up today. In addition to the weekly print edition, our subscribers can view the entire list online. Are you on The List? Each week we bring you our popular Top 25 Lists.
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Real estate: With inventory low, Delaware houses flying off the market

According to Zillow, the online real estate database company, the median home value in Delaware is $245,900 and home values in the state have gone up 14.5% over the past year. Zillow also says foreclosures will be a factor impacting home values in the next several years. In Delaware, Zillow said, …
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The Starbucks View of Retail Real Estate

The Starbucks View of Retail Real Estate

As retailers continue to make headlines with bankruptcy filings and liquidations, one major tenant is said to be predicting that if the current environment persists, it might permanently reduce its real estate costs. The Financial Times reported details of a memo that Starbucks Executive Chairman Howard …
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Jared Kushner’s Real Estate Company Is Under Investigation for Being Villainous Slumlords

Last weekend, the Associated Press reported that Kushner Companies — the real estate empire formerly overseen by White House senior advisor Jared Kushner — filed false paperwork with the city in order to circumvent regulations meant to keep them from harassing their tenants out of their homes.
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Crook uses real estate lockbox to target Las Vegas home for sale

Broker Brandy White Elk is with Innovative Real Estate Strategies. “There are a lot of characters out there for the opportunity,” said White Elk. White Elk admits lock boxes are convenient, but they are not all made the same. She recommends an electric lockbox, such as SentriLock. “The SentriLock has a …
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Global luxury real estate brand opens on Mercer Island

Global luxury real estate brand opens on Mercer Island

“We are proud of level of support we have for our team, offering an array of premium marketing programs and tools; multiple platforms for mobile, social and web; and access to our global network of real estate professionals, property listings and market data. Our clientele expects the best, and Engel …
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Bombing suspect dead, Austin real estate community remains vigilant

The real estate community of Austin — which had been on high alert — responded with cautious relief. The Austin Board of Realtors (ABoR) interim CEO, Emily Chenevert told Inman today in an email: “While authorities confirmed this morning that the bombing suspect is dead, we do not yet know if he …
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Forest City Realty Trust hasn’t quite finished its ‘strategic review’ – but a decision appears close

CLEVELAND, Ohio — Forest City Realty Trust, Inc., announced late Wednesday that it’s allowing a few more days for nominations of potential board members – a sign that the company hasn’t quite wrapped up a strategic review that started last year. The publicly traded real estate company, based in …
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Building Highland Hills

Building Highland Hills

For the Sowers, Highland Hills was the beginning of an empire; nearly every family member since has been involved in some facet of the real estate business. To understand the Sowers’ involvement with creating this historic neighborhood, we interviewed Mark Sowers, president of Oakbridge Corp. and …
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Travis Kalanick’s new gig: real estate developer

The controversial co-founder and former CEO of Uber Technologies Inc. is diving into the real estate business. Travis Kalanick, who left Uber last summer after a series of scandals, said he’s injecting $150 million of his personal fortune into real estate firm City Storage Systems LLC. He plans to lead the …
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People and Property: NH Real Estate and Construction News Roundup

Children’s Hospital at Dartmouth patient Hannah Smith, accompanied by her mother, grandmother, brother and cousin, is wheeled by nurse Jolene Lameoureux into the newly renovated inpatient integrated care unit, which will function as a single unit for children and adolescents who require all levels …
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Real estate agents delay vote on Maryville's new sign ordinance

Real estate agents delay vote on Maryville’s new sign ordinance

“The chief takeaway from the U.S. Supreme Court is that the city cannot have different sign requirements based on the content of sign; therefore, we cannot have, for example, rules specific to real estate signs or to construction signs, etc.,” Development Services Director Dave Prichard explained.
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Travis Kalanick is a CEO again — this time at a real estate start-up

Travis Kalanick is investing $150 million from his new fund, 10100, into City Storage Systems, which redevelops distressed real estate. He will also … Advertisement. “There are over $10 trillion in these real estate assets that will need to be repurposed for the digital era in the coming years,” he said.
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Ex-Uber Chief Travis Kalanick Buys Real Estate Company, Takes CEO Reins

Ex-Uber Chief Travis Kalanick Buys Real Estate Company, Takes CEO Reins. By … Kalanick said Tuesday he’s buying a controlling stake in a distressed real estate company called City Storage Systems for $150 million and installing … The real estate deal comes from Kalanick’s new fund, called 10100.
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Ex-Uber CEO Travis Kalanick's Next Act: Real-Estate Development

Ex-Uber CEO Travis Kalanick’s Next Act: Real-Estate Development

Mr. Kalanick, who stepped down as Uber CEO last June under pressure from investors, said Tuesday he is investing $150 million into distressed real-estate outfit City Storage Systems LLC where he will take the top job. CSS redevelops parking lots as well as real estate for retail and industrial uses like …
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Travis Kalanick is joining the real estate startup City Storage Systems as CEO

Two of its businesses focuses on buying and repurposing real estate assets in the food and retail space, according to Kalanick. The company will also work with parking and industrial assets. “There are over $10 trillion in these real estate assets that will need to be repurposed for the digital era in the …
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#1 South Carolina Real Estate Agent Partners with eXp Realty!

CHARLESTON, S.C., March 20, 2018 /PRNewswire/ — Jeff Cook and his real estate team have been known to think outside of the box when it comes to, well, everything. His ingenious billboards attract the attention of thousands of drivers every day and his radio ads are sure to grab all listeners’ attention …
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2018 40 Under 40: Jesseka Doherty, Mid-America Real Estate – Minnesota

2018 40 Under 40: Jesseka Doherty, Mid-America Real Estate – Minnesota

Jesseka Doherty, vice president at Mid-America Real Estate – Minnesota, specializes in commercial real estate and has 16 years in landlord lease representation. Her current clients include JP Morgan, 601W Cos. and CORE Acquisitions. She is one of the agents involved in securing retail tenants for …
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INVESTORS’ CORNER: How do I buy, fix and sell real estate?

Nasar. El-arabi During the downturn a few years ago, a number of remodelers took advantage of the low home values and equally low interest rates to flip houses for extra income. While house flipping is highly lucrative, it is not for the faint hearted. And getting it right means doing certain things because, …
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Alexandria Real Estate Equities appoints co-COOs

Alexandria Real Estate Equities Inc, a real estate investment trust focused on collaborative life science and technology campuses in AAA innovation cluster locations, has named Jennifer J. Banks and Larry J. Diamonds as co-chief operating officers. Their appointments become effective April 23, 2018.
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Industry veterans launch commercial real estate finance platform

Industry veterans launch commercial real estate finance platform

While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This misconception is perpetuated by timeshare companies and user …
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When tenants take a fall: The adaptive reuse of vacant real estate

They hold vastly differing positions in the commercial real estate industry — an economist, an investor/owner, a city planner and an attorney. But they came together to take a closer look at an issue that is increasingly important in the commercial real estate industry and in local communities and across the …
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Tucson Real Estate: Nutrition club open for business

PathogenDx Inc. leased 3,175 square feet at 1220 and 1230 E. Pennsylvania St. from Rogers Real Estate Holdings LLC. Ron Zimmerman, with Picor, represented the landlord. Headquarters Hookah LLC leased 3,000 square feet at Village on Broadway, 2900 E. Broadway, from H.L.F. Properties Inc.
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Stevenson's reputation helps attract expanding China-based real estate company to Buffalo Grove

Stevenson’s reputation helps attract expanding China-based real estate company to Buffalo Grove

When executives at international real estate firm 5i5j in China looked to open their first full-service office in the United States as part of an expansion, their search for the right space began with an investigation of the top high schools in the nation. By the end of the search, they landed in Buffalo Grove for …
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Elimination of deductions puts for-sale market “in the toilet”: REBNY panel

When it comes to tax reform, executives at Brookfield Property Partners are voting with their feet, at least anecdotally. “The elimination of the state and local income tax and deductibility of interest is a big deal,” Brookfield Property Partners chair Ric Clark said Monday at the Real Estate Board of New …
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Sayonara, subway: How ridesharing apps are changing the real estate calculus for brokers and …

It’s been New York City real estate 101 for as long as anyone can remember: If you want to fill your residential units quickly and turn a hefty profit, you’d better build near a subway stop with speedy access to Manhattan. But nothing lasts forever, and although subway access remains an important factor …
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Manhattan's Luxury Real Estate Market Remains Robust

Manhattan’s Luxury Real Estate Market Remains Robust

Last week in Manhattan’s prime real estate market, 26 contracts were signed on big-ticket properties, marking the seventh consecutive week with more than 20 luxury transactions, according to Monday’s report from Olshan Realty. Those 26 deals made for a total of $184.28 million in sales, the weekly …
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Ratings firm raises red flag about D-FW home prices

Fitch Ratings has been warning about overheating in the local real estate market since 2015. During that time the analyst’s estimate of overvaluation has steadily increased. “Fitch estimates that approximately 17 percent of the country’s home prices are more than 10 percent overvalued,” the report said.
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Advertisers are spending more on social media influencers, but will they sell real estate?

Advertisers will spend $1.6 billion on Instagram influence posts this year, up from $1 billion in 2017. But whether influencers can effectively sell real estate is still up for debate. Developers and brokers are experimenting with influencer partnerships, Instagram backdrops and Snapchat-friendly house …
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What Is Kushner Companies' Net Worth? Jared's Real-Estate Firm Reportedly Filed False Paperwork

What Is Kushner Companies’ Net Worth? Jared’s Real-Estate Firm Reportedly Filed False Paperwork

On Sunday, the Associated Press reported that Jared Kushner’s family real estate company allegedly filed false documentation saying it had no rent-regulated tenants in several buildings it owned. In turn, it allowed the firm to vacate and sell the properties for a large profit. Kushner Companies, however …
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Egypt to sell stake in state-owned engineering, real estate firms

The Egyptian government plans to a sell up to a 30% stake in 23 of state-owned companies including one engineering, procurement and construction (EPC) contractor and two real estate developers. Egypt’s Ministry of Finance announced plans to sell a share of between 15-30% in EPC contractor the …
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Land Use Charge: Real estate professionals laud 50% reduction by Lagos govt

The Commissioner also emphasized that self-assessment of property will be encouraged to help individuals calculate their charges appropriately. They are allowed to use their independent estate valuers to assess their property and bring such discrepancies up to the government for reconciliation.
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Land Use Charge: Real estate chiefs laud 50% reduction

Land Use Charge: Real estate chiefs laud 50% reduction

The chairman of the Nigerian Institution of Estate Surveyors & Valuers (NIESV) in Lagos, Olurogba Orimalade hailed Governor Akinwunmi Ambode for slashing the Land Use Charge (LUC) rate for commercial properties by 50 per cent and other categories of property owners. Orimalade described the …
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Strategy and vision help foster Denver’s demand

Denver’s city center has become the location of choice for a workforce of highly educated millennials who seek the urban lifestyle. Courtesy Ryan Dravitz. Tami Door President and CEO, Downtown Denver Partnership. In 2017, Denver celebrated the midpoint of the Downtown Area Plan – the guiding …
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Real estate transactions for Hampden, Hampshire and Franklin counties: March 18, 2018

Jamie N. Mercadante, Jamie Santos and Derek J. Mercadante to Brian J. Perreault, 106 Channell Drive, $177,000. Joseph Kot and Valentina Kot to Richard W. Fearn and Betty J. Fearn, 26 Jasmine Lane, $398,000. NSP Residential LLP, to James M. Lewis and Lisa M. Lewis, 12 Lenox St., $211,785.
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SPDR Dow Jones Interntnl Real Estate ETF (RWX) Shares Sold by Two Sigma Securities LLC

SPDR Dow Jones Interntnl Real Estate ETF (RWX) Shares Sold by Two Sigma Securities LLC

SPDR Dow Jones Interntnl Real Estate ETF logo Two Sigma Securities LLC lowered its stake in shares of SPDR Dow Jones Interntnl Real Estate ETF (NYSEARCA:RWX) by 78.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 5,949 shares of the company’s …
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journalstar.com

Real estate records, 03/18/18. By the Lincoln Journal Star; 57 sec ago; (…) Facebook · Twitter · Email · Subscribe for 33¢ / day · Facebook · Twitter · Email; Print; Save. Amp Properties LLC to Elbel, Jeff & Melinda, 3053 T St., $104,000. Andrew, Boyd & Jacqueline to Kathol, James V, 6900 Vanderslice Cir …
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Contrasting Ares Commercial Real Estate (ACRE) and Ladder Capital (LADR)

Ladder Capital (NYSE: LADR) and Ares Commercial Real Estate (NYSE:ACRE) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, valuation, analyst recommendations, dividends, …
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'Pulp Fiction' Real Estate On Sale, But Quentin Tarantino Not Listed As Owner By Media Source

‘Pulp Fiction’ Real Estate On Sale, But Quentin Tarantino Not Listed As Owner By Media Source

Fans that love the movie Pulp Fiction by Quentin Tarantino can now buy a home featured in the film for an estimated $1.4 million. However, the Pulp Fiction franchise will not benefit from the sale of the home, and, unlike the movie, the real life owner is not Quentin Tarantino. According to the source, The …
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Montgomery County real estate briefs: Week of March 18

Re/Max Central announces real estate professional Sherrie Stafford is now affiliated with its Lansdale office located at 1110 N. Broad St., Lansdale. Stafford has been a resident of Montgomery County for more than 40 years and currently lives in North Wales with her husband, Scott, with whom she has …
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Longtime owners sell Beacon Hill Apartments for $9.2M last month

The center is scheduled to be completed in May, according to a marketing flier. LLEJ VII borrowed $2.6 million for a construction mortgage from First Community Bank of Batesville. The loan matures in 2022. LLEJ VIII bought property at the construction site, a spokesman with Commercial Realty said.
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Raleigh home real estate market on fire — thanks to Millennial buyers

Raleigh home real estate market on fire — thanks to Millennial buyers

Raleigh, N.C. — The Raleigh real estate market is red hot and Millennials are a big reason why, according to local real estate agents. Realtor Frankie Hagan said 2018 is shaping up to be one of the best years in the real estate industry for sellers and buyers. “It’s a great time to be a seller, but it’s still not …
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A Flagler Beach house was the top real estate transaction

The top real estate transaction for the week of Feb. 8-14 in Flagler County was a house with an ocean view in the Atlanta Beach neighborhood of Flagler Beach. Jay and Martia McNeill, of Flagler Beach, sold 2708 S. Ocean Shore Blvd. to Brian and Chantal Harrington, of Flagler Beach, for $642,500.
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JC Penney: Value Of Its Stock Remains On The Edge

J.C. Penney’s guidance indicates that Adjusted EBITDA excluding real estate may be the same in 2018 as in 2017. At that Adjusted EBITDA level, J.C. Penney stock would be worth low-single digits according to traditional valuation metrics. +2% comparable store sales growth for 2-3 years could result in …
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Meet the Uber of Brazilian real estate

Meet the Uber of Brazilian real estate

A real estate startup is giving brokers in Rio de Janeiro a run for their money. Quinto Andar, founded in 2012 by two Stanford MBAs, is a ready-made brokerage, property manager and insurer offering would-be tenants and buyers an easy way to save money and find a new home — and, the best part for …
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All Things Real Estate: Old scam makes comeback

Since then the value has gone up and I have some equity. However, after a messy divorce (I got the house) and some unexpected bills, I’ve fallen a few months behind in my mortgage payments on several occasions, but I’ve always caught up. I was contacted by a real estate guy who said if I was having …
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How can Britain punish Putin for his nerve gas attack? Real estate.

In 2013, the real estate agency Savills found that nearly 40 percent of those buying property in Belgravia had no intention of making these luxury homes their primary residence, and squatters are often evicted from the mansions. The properties are essentially expensive piggy banks, allowing the wealth …
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Crypto Real Estate Transactions Are Here – Here's How They'll Impact You

Crypto Real Estate Transactions Are Here – Here’s How They’ll Impact You

Cryptocurrency may not be mainstream yet, but it’s well on its way to be. Due to the blockchain’s revolutionary power and abilities, it’s no surprise that as cryptocurrency progresses in changing the financial landscape, it impacts other industries along the way. Real estate is no exception—and for that, we …
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Leander Real Estate: For Sale, For Rent, More

Featured homes offer properties for sale, for rent, and more information about real estate in the Leander area. … If you’re in the market to buy, rent, or are simply curious about the beautiful homes found in and around Leander, our partners at realtor.com can help you find what you’re looking for.
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From real estate tax cuts to new schools: What you need to know about Chesterfield County …

The average real estate assessment in Chesterfield increased by about 3.7 percent, with the average single-family home valued at $250,000. The 1-cent reduction combined with the increased assessments will result in a roughly $70 increase to the average annual real estate tax bill for Chesterfield …
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This week in celeb real estate: John Mayer snags Adam Levine's home, film exec lists pad for $34 …

This week in celeb real estate: John Mayer snags Adam Levine’s home, film exec lists pad for $34 …

“Gravity” singer John Mayer is now moving into Adam Levine’s former home in Beverly Crest. Mayer paid $13.5 million to the Maroon 5 frontman for the 3.66-acre estate, Curbed reported. It is complete with five bedrooms, seven bathrooms, a tennis court and swimming pool. Levine paid just under $5 …
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Future uncertain for Toys ‘R’ Us real estate thoughout metro Phoenix after stores close

Toys ‘R’ Us is closing its stores and auctioning off the real estate it owns. The befallen toy retailer has more than 381,700 square feet of retail space in Arizona, according U.S. Bankruptcy Court records. Most of that is in the Phoenix market. Toys ‘R’ Us currently has 18 stores (including Babies ‘R’ Us) in …
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Proposal would allow New London to charge real estate fee to preserve open space

New London — One environmentalist called a proposed bill allowing towns to enact a conveyance fee on real estate transactions a “no brainer” that would allow cash-strapped towns to preserve its open space and even protect home values. One statewide builders association, one of the several …
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Real Estate: Rising Mortgage Rates And Housing Outlook

Real Estate: Rising Mortgage Rates And Housing Outlook

Mortgage rates have been trending higher and have raised investor concern about their impact on the real estate market. Today’s economic environment and market position are different than comparable periods, and mortgage rates are still extremely low. Demand for housing should burgeon as the …
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March Madness of Real Estate: Sweet 16 Cities

Launch this slideshow gallery to check out our March Madness of Real Estate Sweet 16 bracket, listed in reverse order. So the hottest real estate market or the number one “seed” in the bracket will appear in the last slide. It is to be determined if these brackets end up matching with the NCAA teams …
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Doll Real Estate Agent Glosses Over Giant Hinged Opening In Middle Of House

GULFPORT, MS—Assuring the prospective buyers that they couldn’t find this kind of charm in newer builds, a local doll realtor reportedly glossed over the giant hinged opening in the middle of the house Thursday during a tour. “Yes, some of the design features are a bit unique, but don’t forget that with …
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Four factors that are affecting today's real estate market

Four factors that are affecting today’s real estate market

Recently Leslie Appleton- Young, chief economist for the California Association of Realtors, spoke about four current factors in the California real estate environment that are worthy of sharing, particularly for those who are thinking of buying or selling a home in 2018. Interest rates are higher than this …
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What happens to all that Toys ‘R’ Us real estate?

It’s no secret that retail-related real estate has been suffering for quite a while now. Toys ‘R’ Us typically operated in very large facilities — leaving few retailers that could actually fill its shoes. We anticipate that the Toys ‘R’ Us real estate that is rented will likely sit stagnant for quite a while before landlords …
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How to get a great real estate deal

While in Boy Scouts at Troop 3 in Smithfield, I remember the well-known saying we were encouraged to abide by: be prepared. Nearly two decades later, this motto still rings true — especially when it comes to finding a great real estate deal. If you are serious about a finding a great real estate deal (and …
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OnCourse Learning Real Estate Education Manager Addresses International Conference

OnCourse Learning Real Estate Education Manager Addresses International Conference

BROOKFIELD, Wis., March 14, 2018 /PRNewswire/ — Richard Gallegos, DREI, CDEI, education manager for OnCourse Learning Real Estate, is scheduled to speak about good business writing and oral skills in the real estate industry and present a paper on expansive thinking at the 34th Annual …
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Blockchain And Real Estate: Humanitarianism Or Capitalism? Part II

In Part I, we explored how blockchain-based real estate applications can have a global impact for the benefit of human welfare and societal reform. But how can real estate blockchain applications change how the industry functions as the early adopters begin to capitalize on this new technology? And by …
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More industrial real estate trades hands as Charlotte market named ‘one to watch’

It seems the red-hot industrial real estate market is expected to continue its momentum locally, with more properties trading hands and a large amount of new construction in the pipeline. A recent report by Avison Young named Charlotte an industrial market to watch this year, with $946 million in sales …
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Is the Real-Estate Industry Saving Palm Springs's Midcentury-Modern Homes?

Is the Real-Estate Industry Saving Palm Springs’s Midcentury-Modern Homes?

“This is the first time that one of our local cities has put their money where their mouth is,” continues Smith. “They realized they had this property and there were opportunities to preserve it. This is also the first time that one of our local cities hosted a real-estate auction of an important midcentury home.
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Can Real Estate Investors Still Find A Good Deal In Utah And Colorado?

In a way Utah and Colorado are a metaphor for all real estate investing – what’s the best investment strategy once a market has already been successful? Note that these aren’t small boom-and-bust markets that you might encounter in Florida or casino land or shale-oil country. The economic forces that …
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Sears Holdings’ Real Estate Sales Continue

In the face of stubbornly negative free cash flow, real estate sales have been Sears Holdings’ (NASDAQ:SHLD) preferred method of raising cash to fund its operations. Between April 2016 and February 2018, the company generated $1.7 billion of proceeds from the sale of real estate and related assets.
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Coretrust to acquire major Pasadena office complex for $260M

Coretrust to acquire major Pasadena office complex for $260M

Coretrust Capital will buy a Pasadena office complex for about $260 million, with an apparent eye toward repositioning the four-building property. Los Angeles-based Coretrust will acquired the 640,000-square-foot Corporate Center Pasadena campus from UBS Realty, according to Real Estate Alert, …
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Copycats challenge Olshan for her throne

In the blood sport of Manhattan luxury real estate, Donna Olshan keeps the official box score. But her status as the authority on contracts activity is being challenged. Every Monday, the city’s residential real estate players check their inboxes for Olshan’s must-read tally of contract activity on homes asking …
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Introducing Cryptocurrency to LA Real Estate

However, people are becoming more accustomed to using cryptocurrency as time passes, and people who have listed real estate for virtual currency have often received positive attention. Chances are that the use of cryptocurrency in real estate will become more common in the near future. What do you …
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February real estate market remains strong

February real estate market remains strong

Total sold dollar volume, median price, and units sold in the Fredericksburg area all enjoyed a year-over-year increases in February. There was also a decrease in days on market, according to a report prepared by the Fredericksburg Area Association of Realtors. Total sold dollar volume increased 10 …
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Real estate professionals attend conference

Lynn Thompson, president of Bray Real Estate, attended the Leading Real Estate Companies of the World annual conference. Michael Burkhard, sales manager of Bray Real Estate, and Fran Stephens, marketing director for the Grand Junction-based firm also attended the event in Las Vegas.
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Previous economic decisions influence real estate in 2018

CAIRO – 14 March 2018: In its seventh edition in Egypt, the mega annual real estate conference Cityscape brings together some of the country’s prestigious developers and government officials to exchange business experience and plan for new opportunities in the Egyptian real estate market.
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Alhambra residents aim to limit real estate developers' influence in city elections

Alhambra residents aim to limit real estate developers’ influence in city elections

The group calling itself Grassroots Alhambra In Action notified the City Council on Monday of its intentions to petition for a ballot initiative that would require elections be by-district instead of at-large and add a cap on campaign contributions to prevent real estate developers from making large donations.
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Homelessness Solutions Will Only Help Downtown Commercial Real Estate, Say Experts

Salt Lake City—The proposed de-centralized homeless shelters won’t just benefit the homeless—they’ll economically benefit the downtown area, said multiple commercial real estate industry veterans. Last week, Utah Business held its annual Commercial Real Estate Roundtable at Holland and Hart’s …
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Hamptons Cheat Sheet: Matt Lauer slashes $2M from Sag Harbor estate’s price, renovations …

Designed by Robert A.M. Stern in 1990, an 11,800-square-foot post-modern mansion in the Georgica section of East Hampton sold to a German real estate investor for close to its most recent asking price of $8.995 million, Curbed reported. The 2.3-acre property was listed for $12.25 million in 2015, …
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Can real estate brokers cash in on this tax deduction? No one knows.

Can real estate brokers cash in on this tax deduction? No one knows.

The new GOP tax law is widely considered a win for high-earners, but it’s not clear if real estate brokers and their firms will also benefit from a hefty deduction granted to pass-through businesses. The so-called pass-through deduction has been billed as a boon to independent contractors, including Uber …
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Dear Monty: Tips for real estate investing

Reader Question: We have spent the past two years reading about investing in real estate. We have a plan laid out that we believe is achievable, and we are ready to buy our first two-to-four family fixer-upper. Once we identify what we think to be the right property, what are your best buying tips to ensure …
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London overtakes NYC in biggest real estate exposure for this $1T sovereign wealth fund

By the end of 2017, the world’s largest sovereign wealth fund had more real estate exposure in London than in New York City. Norway’s $1 trillion wealth fund Norges held 22.8 percent of its real estate portfolio in London, Bloomberg reported. New York City followed at 21.5 percent and then Paris at 19.1 …
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Real Estate Experts Weigh In On the Latest Trends

Real Estate Experts Weigh In On the Latest Trends

Fierce competition in Chicago’s luxury real estate scene is spurring all-cash offers, often above asking price. Real-Estate-Experts-1-0001.jpg. Flush boomers are breaking out the greenbacks to snag their dream retirement pads—and bankroll their millennial children in sweet starter homes. In Chicago …
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Trump-branded condos underperform New York’s booming real-estate market

In 2017, the average price per square foot was $1,741 for the 11 Trump-branded buildings located across Manhattan, according to a new report from CityRealty, a New York real-estate firm. That’s below current market values for most similar condos of the same caliber, it said. Over the past 10 years, …
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Tucson Real Estate: Retailers flocking to Vail shopping center

Andy Seleznov and Melissa Lal represented the landlord, Larsen Baker, and Mark Hayes, of Tierra Antigua Realty, represented the tenant. Red Star Vapor LLC leased 1,536 square feet at 2921 N. Campbell Ave. from Hanarm Building LLC. Debbie Heslop, of Volk Co., represented the tenant, and Robert …
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See where Phoenix ranks among commercial real estate markets and which city tops the most …

See where Phoenix ranks among commercial real estate markets and which city tops the most …

“Commercial real estate investment activity was healthy in 2017, reaching $8.8 billion,” said Jessica Glick, senior research analyst with CBRE of the Phoenix CRE market. “In line with national trends, industrial and logistics was the darling asset class for investors, with deal flow increasing 7 percent from …
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Experts predict positive year for residential real estate in Amarillo

However, the residential real estate market could become stand-still until the city is able to bring in more jobs. “Our new city council and mayor are working extremely hard on bringing jobs in. Once, we start that happening, our housing market is just going to go through the roof I think,” said Carr.
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Talking New York City Real Estate with Thelonious “TJ” Johnson

Thelonious “TJ” Johnson is a New York City real estate sales professional with Brown Harris Stevens. He has first-hand knowledge of the subtle intricacies and nuances that make each New York City neighborhood distinct and vibrant. Highly resourceful, he uses Brown Harris Stevens’ vast resources, …
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Wondering how far a million dollars goes in real estate? Here's your answer

Wondering how far a million dollars goes in real estate? Here’s your answer

If you want to take your obsession for mansions outside of your television screen and begin considering buying one of these impressive homes yourself, however, you’ll be interested in some new data compiled by Homes.com. The real estate portal has uncovered a series of the most common trends in …
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Driverless cars could upend real estate values

The mass adoption of driverless cars could shift some of the traditional rules that govern real estate values, particularly those concerning access to mass transit. Fully driverless cars are heading to California’s streets in April, following state approval, so that future could be a lot closer than it seems.
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A Nun Involved in Katy Perry’s Real Estate Battle Has Died

The four-year battle between Katy Perry and a group of nuns has produced its first casualty. Sister Catherine Rose Holzman died on Friday at the age 89, after collapsing in a court hearing. She was one of two Sisters of the Most Holy and Immaculate Heart of the Blessed Virgin Mary who fought their …
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Are HNW Investors Ready for Real Estate Crowdfunding Platforms?

Are HNW Investors Ready for Real Estate Crowdfunding Platforms?

From Craig Cecilio’s vantage point, high-net-worth real estate investors have relied a lot on old-fashioned handshake deals and have been slow to embrace technology. But he sees more HNW individuals gravitating toward tech-powered investing. Cecilio is founder and CEO of San Diego-based …
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Five Top Markets for Seniors Housing Investment

“The key to the deal is to build what the market wants and not what you want to build,” says David Rothschild, executive managing director with the senior living group at real estate services firm Cushman & Wakefield. NREI spoke with several seniors housing and financial experts to learn some of their …
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Greeley investor pays $4.5 million for single-tenant building

Greeley-based B&B Real Estate LLC purchased the building at 295 71st Ave. from Northward LLC. The building, which consists of 66,000 rentable square feet, is a distribution center for Home Depot. Home Depot has occupied the property since 2011. B&B Real Estate managing member Bob Burke …
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Land Use Charge: Real estate professionals call for review

Land Use Charge: Real estate professionals call for review

Following criticisms that have trailed the introduction of the Land Use Charge Law, 2018 by the Lagos State Government, professionals in the real estate industry have called for a review of the entire legislation. The Nigerian Institution of Estate Surveyors and Valuers, Lagos Branch, suggested that the …
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DONE DEALS:Roundup of the week in residential sales

A townhouse built in 1893 on Striver’s Row, a stretch of 138th Street in Central Harlem (pictured top), sold for $4.175 million, well over the asking price of $3.9 million and the first time a home on Striver’s Row has sold for over $3 million. TE TIWANI. The impressive property, a 20-foot wide, three-story …
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Fast-growing Oxford Property Group has eyes on national market

Now, along with partner Greg Harden, Oxford has begun expanding its geographic footprint beyond the New York City metro area. In the last several months, the company acquired and merged with the Titan Real Estate Group, owner of the Hecht Group brokerage. A native of Long Island, Mahfouda …
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Dubai among world's best for FDI in real estate sector

Dubai among world’s best for FDI in real estate sector

Dubai is among the world’s top destinations for foreign direct investment (FDI) in the real estate market, according to new research from consultants JLL. In a new report entitled “World Cities: Mapping the Pathways to Success”, JLL identified Dubai as one of a new group of ‘hybrid’ cities that have …
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Downtown Ashland real estate and an urban renaissance

A successful career in physical therapy put Castle in a position to be a real estate investor, and he is now considered the leader of a movement aiming for Ashland’s downtown renaissance. Castle’s company, Crescent Moon Properties, owns more than 30 buildings in Ashland. Many have been …
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IMT Lone Tree trades for $110.85 million

“The interest in the property was high. It was definitely a very, very strong location near light rail and jobs. It’s a good demographic area.” The community, built in 2003, was purchased as a value-add transaction. It features a mix of one-, two- and three-bedroom units ranging from 702 to 1,393 square feet.
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Two Upper Cape towns dominate Massachusetts real estate market

Two Upper Cape towns dominate Massachusetts real estate market

BOURNE – Don’t look now, but two towns on the Cape have roared onto the scene and become some of the hottest housing markets in the state. LaMacchia Realty, a Waltham-based real estate agency that covers the Upper Cape, found that Bourne was the third-hottest market for home sales in 2017.
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Motley Fool: Senior real estate

If you’re interested in investing in real estate without taking title of any property, consider a real estate investment trust, a dividend-paying company that owns or finances income-producing properties. A particularly promising one is Ventas (NYSE: VTR). One of the largest health care property owners in …
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REAL ESTATE TRANSACTIONS

SPT Prairie 1 BP Drive, LLC to GG Holdings LR, L4R-1, Gateway Town Center Phase I Replat, $25,400,000. RILR Holding LLC to Heart Residence Management LLC, Npt W/2 W NW 10-1N-13W, $8,500,000. West Holdings LLC to Damor Holdings LLC, 10118 Colonel Glenn Drive, Little Rock. NE NW …
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Real estate, entrepreneurship classes offered through Umpqua Small Business Development Center

Real estate, entrepreneurship classes offered through Umpqua Small Business Development Center

Stribling said to qualify for a real estate license, students must have a high school diploma or equivalent, must be at least 18 and able to pass a background check. Once they pass the real estate broker’s course, they can take the test and affiliate themselves with a principal real estate broker company.
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Location, location, location: Auburn girls sell cookies from prime real estate

AUBURN — The girls were missing school for a doctors appointments anyway, so Stacy Lahr decided to let her daughters try and sell some cookies. Girl Scout cookies, that is. For about 3 1/2 hours Friday, Madison Binette and her sister, Margaret Sidelinger, peddled cookies in a location that has proven …
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International luxury firm enters Charleston market brokering real estate

Husband-and-wife Peter A. and Kimberly Wiebe are familiar with heading a real estate venture: They owned an independent real estate brokerage in Indiana years ago. But eager for warm weather, they left the Midwest for a boutique realty in Savannah as agents. The couple, finding the temperate …
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RI Real Estate Notes: Charlestown home sold for $1.4 million

RI Real Estate Notes: Charlestown home sold for $1.4 million

A waterfront contemporary home at 20 Cove Drive in Charlestown was sold on Feb. 28 for $1.4 million. According to deed records, the sellers were Michael, Kevin and Timothy O’Reilly, and the buyer was George M. Gilbert III. The sellers were represented by Ray Mott, broker/co-owner, and sales …
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Boom! Why Goldilocks May Love Real Estate Stocks Again

Strong economic data and newsflow favorable to the domestic US economy has led investors to again ignore real estate stocks. Yet we may be back to normal times, in which these stocks participate in growth even as the Fed normalizes policy. This article makes the case that patient, value-based …
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This week in celeb real estate: 3 heirs to fortunes bet big on LA’s luxury market…plus Mike Myers

In the most unique of luxury listing, Evan Metropoulos has put his stripped penthouse atop the Sierra Tower in West Hollywood on the market for $58 million. Metropoulos, whose brother owns the iconic Playboy Mansion and father owns Hostess Brands, combined two units to create a 7,000-square-foot …
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Real Estate Rumors: Morlin, Walmart, Mack

Real Estate Rumors: Morlin, Walmart, Mack

Law360 (March 9, 2018, 6:17 PM EST) — A joint venture of Morlin Hospitality Group and Butters Construction & Development has landed a $15.5 million construction loan for a Florida hotel project, The Real Deal reported on Friday. The loan from Mercantil Bank is for a project at 5730 N. State Road 7 in …
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Good News for Hawai’i Real Estate: We Pay Less in Property Taxes Than Other States

Nationally, homeowners pay an average of $2,197 in real estate taxes, according to this WalletHub study. The states with the highest amounts are New Jersey, Illinois, New Hampshire, Connecticut and Wisconsin. Surprisingly, New York, famous for real estate expenses, doesn’t appear on the list until …
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Lied Institute for Real Estate Studies Issues Nevada Housing Market Update

The Lied Institute for Real Estate Studies at UNLV has revived its monthly Nevada Housing Market Update after a two-year hiatus. The report is packed with zip code-specific housing data and tracks market trends statewide on home prices, sales, foreclosures, and more. “This housing report is unique in …
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Real Estate + Real Assets = Real Opportunity To Earn Up To 40% Per Year

Real Estate + Real Assets = Real Opportunity To Earn Up To 40% Per Year

REITs are perfect vehicles that can be used to raise capital for infrastructure investments in “public-private partnership” transactions. LMRK’s real property interests underlie its tenants’ operationally essential infrastructure assets in the wireless communication, outdoor advertising, and renewable power …
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Vail super-luxury real estate market described as ‘robust’

The current market of super-luxury homes costing $5 million or more in the Vail Valley has been described as “robust.” According to real estate firm Slifer Smith & Frampton (SSF) Real Estate, “as of February 28, 2018, eight homes listed over $5 million have sold year-to-date throughout the Vail Valley, …
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Why Depreciation Is The Biggest Perk Of Real Estate Investing

Real estate is a tangible and necessary asset. People must always have a place to live. Unlike paper assets, real estate can be rapidly liquidated and rarely depreciates. The income potential of multifamily housing is perhaps the most stable there is, given the multiplier of tenants. This is passive, real …
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TH Real Estate Expands DFW Portfolio

TH Real Estate Expands DFW Portfolio

TH Real Estate has acquired Churchill on the Park, a 448-unit community in Dallas from Sentinel Real Estate. Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of the garden-style multifamily asset. The 17-building property, located at 7601 Churchill Way, …
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Fintech company announces new head of commercial real estate

PeerStreet, a platform for investing in real estate-backed loans, has hired Greg Galusha as head of commercial real estate. Galusha will be based in the firm’s Los Angeles headquarters. He brings more than 25 years of real estate investment management experience for institutional and private capital, …
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Local couple sues real estate company over land mix-up

ELMORE COUNTY — A Boise County couple is suing a local real estate company for selling them the wrong land in a real estate deal gone bad, ending with hopeful buyers getting the wrong bang for their buck. Andrew and Andrea Anderson say they thought they were buying 160 acres for their future …
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Veteran tells Baraboo real estate agents to reach out

Veteran tells Baraboo real estate agents to reach out

A decorated veteran told Baraboo-area real estate agents Thursday they can do a patriotic deed simply by initiating a conversation. … What started with a real estate agent’s invitation to talk became a movement to help veterans rejoin civilian society: Parnell helped found the American Warrior Initiative.
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McKinney’s land purchase among the top commercial real estate transactions of March 2-10

Churchill on the Park, a 448-unit garden-style apartment project in North Dallas, has sold to investor TH Real Estate. Built in 1999, the rental community is in the Park Central development south of LBJ Freeway. It includes a resort-style swimming pool, a fitness center and a theater room. A New …
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City of Kent to hire real estate broker to sell Naden property

The city of Kent will hire a real estate broker to assist with finding a developer for the Naden Avenue properties. The City Council unanimously authorized Mayor Dana Ralph to move forward with hiring a real estate brokerage service to help negotiate the sale of the city-owned property to a developer.
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Ardian Real Estate to buy two Paris office buildings

Ardian Real Estate to buy two Paris office buildings

Ardian Real Estate has agreed to acquire two office buildings in Paris. … The acquisitions represent the second and the third transactions completed by Ardian Real Estate in France, both in line with Ardian Real Estate’s strategy of investing in commercial real estate assets with a strong potential for …
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Data dig: Are foreign investors driving up real estate in your California neighborhood?

With the help of real estate data firm ATTOM Data Solutions, we’ve mapped all-cash home sales for each zip code in California from 2005 to 2017. Zip codes with less than 100 total sales over that time period were omitted from the map. Enter your zip code or city name to find your neighborhood on the …
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Real Estate Advice: Rule’s the same on homeowner tax exclusions

Real Estate Advice: Rule’s the same on homeowner tax exclusions. Thursday. Mar 8, 2018 at 10:00 AM. By Linda Goodspeed, Correspondent. Q: At one time, the new tax law was going to make changes to the exclusion of gain allowed homeowners when they sell their primary residence. Did those …
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Two real estate agencies join forces under one name realtor

Two real estate agencies join forces under one name realtor

Two local real estate agencies have recently joined forces and will be operating under one name. Stone Fort Properties, owned by Gerald McCormick, announced this week that it will be operating under Second Story Real Estate Management immediately. “We’re honored to have Gerald McCormick and …
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Real estate firm plans arena, expo center in Naperville

Hockey tournaments, basketball tournaments and dog shows are just a few of the uses already lining up to take place inside a 4,500-seat sports and expo center to be built in Naperville. CityGate North is a $50 million, 245,000-square-foot facility that will offer two regulation-size ice rinks, which also can …
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Indian police investigating real-estate deals by Syro-Malabar cardinal

CWN Editor’s Note: A court in Kerala, India, has authorized an investigation into the contested real-estate dealings of Cardinal George Alencherry, the Major Archbishop of the Syro-Malabar Catholic Church. Three other priests will also be subjects of the official probe. The Syro-Malabar Church has been …
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Westchester & Fairfield Cheat Sheet: Harvey Weinstein sells off Westport homes for $16M, 3 new …

Westchester & Fairfield Cheat Sheet: Harvey Weinstein sells off Westport homes for $16M, 3 new …

Disgraced Hollywood exec Harvey Weinstein continues to unload his real estate holdings, selling two neighboring waterfront properties in Westport for a total of $16 million. Weinstein bought the six-bedroom colonial at 26 Beachside in 1994, offloading the 2.38-acre property recently for $10 million.
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If Consumers Stop Spending, Stocks And Real Estate Will Slide

Investors may wish to ask themselves whether wage gains will be strong enough as personal consumption represents 70% of U.S. economic growth. With the average American’s credit card balance as a percentage of real disposable income more than DOUBLE his/her real savings, wage gains will be …
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Income producing duplex for sale in Northeast Texas

Great investment opportunity with this duplex in a strong rental market for sale in Lamar County, Northeast Texas. An income property with 100% occupancy. Each unit has two bedrooms, one bath, kitchen-dining combo, living room, private entrance and separate parking. Both rentals have recently …
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Will more hours of sun lead to more homes for sale? Brokers are optimistic

Will more hours of sun lead to more homes for sale? Brokers are optimistic

Real estate analytics firm CoreLogic told The News Tribune via email Tuesday that the Tacoma-Lakewood metro area saw a 12 percent increase in its 12-month home price index in single family homes, measuring from January 2017 to January 2018. The index is based on public record and home-sale …
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Real estate market is fierce, but fertile for first-time homebuyers, downsizers

Robbinsdale is among the metro communities with the greatest real estate gains between 2016 and 2017, according to a recent index compiled by the Star Tribune through data from the Minneapolis Area Association of Realtors. While Richfield is still at the top of the Twin Cities real estate market, as it …
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Real Estate | Parish home prices still rising

The February numbers for Livingston Parish residential real estate show a continuing upward trend in the price of detached single family homes in the parish, with the average price of new construction homes topping the $200,000 mark at $210,726 with an average price per square foot of $120.26.
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BOC approves probate position; moves $500000 for real estate

BOC approves probate position; moves $500000 for real estate

BOC approves probate position; moves $500,000 for real estate … grant funds. The board unanimously approved the staff position, and also approved the transfer of $500,000 in SPLOST funds to the Carroll County Development Authority to purchase real estate for Economic Development purposes.
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Call them Baxter Real Estate Company

Don’t be mistaken, Ed Gilbert and Associates Realty Company is now the Baxter Real Estate Company. Scott Poush, the owner and principal broker of Baxter Real Estate, said he hoped the name change would end the public’s confusion with the similarly-named Gilbert Realty Company. “I think among …
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Frisco’s Wade Park project dodges Tuesday foreclosure sale

But New York-based Gamma Real Estate and Bamcap Partners of Farmers Branch didn’t go through with the planned Tuesday foreclosure sale, according to officials with Foreclosure Listing Service, which tracks these kinds of sales. “It does not look like Wade Park showed up to auction,” Foreclosure …
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