Real Estate

MORGAN STANLEY: The bull market in commercial real estate is about to end

The commercial real estate market is showing cracks and will peak this year, Morgan Stanley analysts forecast.<p>"We expect 2017 to mark the end of the bull cycle for US CRE," they said in a note on Wednesday.<p>The big risk for the market is that the growth of net operating income — the revenues …

Commercial Real Estate

How Commercial Real Estate Use Is Changing: Five Adaptive Reuse Success Stories

The practice of taking an existing structure and repurposing it for some other use is not necessarily a new idea. This practice of adaptive reuse has, however, become increasingly common in the apartment industry.<p>No single reason explains this boom; it is a combination of factors. But one factor …

Commercial Real Estate

This Data Reveals the Best Time to Sell Your Home

The best case scenario when you're selling your home? That it goes fast, and for the most money. And while there are plenty of factors that go into …

Zillow

China estate agent marries four women to help them buy apartments in property boom town

Estate agents have a reputation for being determined deal-makers, but one Chinese realtor took it a stage further by marrying four women – including a 70-year-old - to help them onto the local property ladder.<p>The Shanghai agent married, and then quickly divorced the women to allow them to …

China

How This Real Estate Firm Is Building Better Luxury

Few people understand the competitive, high-stakes world of luxury real estate better than Alan Mark.<p>As president and founder of The Mark Company, a top residential marketing and sales firm, he’s been navigating the choppy waters of upscale property for decades, with dozens of glossy residential …

Commercial Real Estate

House Hunting in ... Reykjavik

<b>A CONTEMPORARY HOME IN THE SUBURBS OF REYKJAVIK</b><p><b>$860,470</b><p>This split-level contemporary-style house with ocean views is in Hafnarfjordur, about a 20-minute drive south of downtown Reykjavik, the capital of Iceland. The third-largest city in the country, with about 25,000 people, Hafnarfjordur is known …

Reykjavik

Where You Can Ski Until the Flowers Bloom

Woodland Hills, Utah<p>Four bedrooms, five full baths, one half-bath<p>This 7,759-square-foot modern home sits on a ½-acre lot that is part of a gated development called Summit Creek. The property includes mountain and valley views, a pool and access to hiking and walking trails. The lower level of the …

US Pending Home Sales Surge to 10-Month High

Contracts to buy previously owned U.S. homes jumped to a 10-month high in February, pointing to robust demand for housing ahead of the spring selling season despite higher prices and mortgage rates.<p>The National Association of Realtors said on Wednesday its Pending Home Sales Index, based on …

Business

Contracts to buy US homes hit highest level since April

WASHINGTON (AP) — More Americans signed contracts to buy homes last month as warm weather and rising confidence appeared to encourage consumers to look for houses.<p>The National Association of Realtors said Wednesday that its pending home sales index climbed 5.5 percent in February to 112.3, its …

Business

No Millennials Allowed: Boomers Are Flocking to Cool 55-Plus Communities

Hoping to buy into a vibrant community of homeowners that offers perks like daily fitness classes, lavish spas, and awesome cocktail hours? Maybe …

Business

Everything you know about the Village is wrong

April Fool’s Day, a holiday dedicated to all things phony, is a great time to explore the Village, where many of the stories linked to famous former …

Edgar Allan Poe

Chicago-area home construction reaches post-housing crash high

After struggling through some harsh years in the residential construction business, builders are feeling more upbeat as traffic to model homes picks up and people buy more newly built homes than at any time since the housing crash.<p>2016 was the best year for homebuilders in the Chicago area since …

Business

Not to worry, but $2 billion in D-FW commercial property debt due in 2017 | Real Estate

Almost $2 billion in commercial real estate debt financed with securitized loans is coming due in Dallas-Fort Worth this year.<p>But a report by …

Commercial Real Estate

Do You Have What It Takes to Have Ivanka Trump as a Landlord?

4 tips on getting a celebrity landlord and what you should expect<p>With a continued dip in sales for ultra-luxury apartments this year, many wealthy homeowners are choosing to rent out their properties instead of opting for heavy price cuts to move them off the market. Celebrities are no exceptions. …

Ivanka Trump

Why are Paul Manafort’s real-estate transactions a corruption red flag?

Paul Manafort, whose stint as Donald Trump’s presidential campaign manager has become a focus of federal investigators because of his ties with Russia, is now also facing scrutiny for three real-estate purchases he made in New York City. Why would this be a signal of possible corruption?<p>Location, …

Money Laundering

Live like a Soviet billionaire in this over-the-top Long Island mansion, which is back on the market for $85 million

Whether you want to experience the glamor of the Roaring '20s or see what life was like for a Soviet billionaire, this $85 million property on New York's Long Island has you covered.<p>Built in 1928, this 8-acre Long Island estate has all the modern luxuries you would hope to get in a home of that …

Houses

New Home Sales Surges And More To Come

New homes surged for the month, hitting 7-month high.<p>Far more growth for home sales over the coming months and next few years.<p>Confidence and homes …

Business

Large Vacancies Loom in Midtown as Tenants Relocate to Downtown and Far West Side

Office tenants seeking large blocks of space are abandoning Midtown for trendier neighborhoods and newer buildings, driving up vacancy rates at some …

Commercial Real Estate

Cecil B. DeMille estate hits the market for $25M

On two green acres in Los Feliz’s gated Laughlin Park<p>Some exciting developments for fans of Old Hollywood this week. For one thing, the venerable Egyptian Theater, where Cecil B. DeMille’s <i>Ten Commandments</i> premiered in 1923, is just about to emerge from a $500,000 renovation and restoration. For …

Jersey City Creates ‘No Knock’ Registry as Relief From Realtors

Longtime homeowners in Jersey City, N.J., are trying to put the kibosh on endless aggressive real estate solicitations sparked by a hot property …

Business

Cheapest House in San Francisco Costs $499,000, Is Uninhabitable

You know housing prices in San Francisco are absolutely insane when the cheapest house on the market costs half a million dollars and is virtually …

San Francisco

How a Rebate Makes Buying a Home Less Expensive

You can save thousands when buying a home if you work with a real estate agent who agrees to pay a rebate. (See our tutorial: <i>Buying a Home</i>.)<p>Rebates …

Personal Finance

Toymaker’s Former Florida Hideaway To Hit The Auction Block Next Month

The residence, once belonging to Roger Shiffman of Furby fame, was previously offered for $7M<p>A resort-style property in Delray Beach, Florida, will …

Luxury Homes

The 1 Reason Chip and Joanna Gaines Won't Do Expensive High-End Design

If you live outside Waco, TX, then you've likely had sticker shock from the real estate on <b>Fixer Upper</b>. The homes Chip and Joanna Gaines renovate are priced shockingly low, as in they don't necessarily always enter into the six figures. There are reno funds on top of the home price, but it's fair to …

Renovations

David Bowie's Former New York Apartment for Sale

David Bowie's former New York apartment, where the rock legend lived for a decade and is still home to one of his pianos, is on the market.<p>Bowie and …

David Bowie

Looking to Move-Up to a Luxury Home? Now’s the Time!

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from</i> …

Luxury Lifestyle

George Soros' former right-hand man reportedly just bought a $36 million mansion in Malibu

Billionaire trader Stanley Druckenmiller and his wife Fiona look to have scooped up an oceanfront Malibu pad next door to action star Jason Statham for $36 million, The Real Deal has learned.<p>The five-bedroom, seven-bathroom property on Malibu Colony Road, which totals 6,900 square feet, sold in an …

Wall Street

Gold Coast mansion includes brand new Lamborghini in $6.25M asking price

The home is fully loaded with numerous luxury amenities and custom finishes<p>If you ever win the lottery and somehow manage to get your winnings from the state, here’s a full package opportunity to buy into the luxury lifestyle. Not only does this listing include a large, newly constructed …

Luxury

The smart work zone

In the growing world of technology, office occupiers want smart automation and artificial intelligence (AI) to be introduced in their work zones. …

Commercial Real Estate

Is Trump Good For Real Estate? Travel Ban Could Hurt Housing Market, Study Finds

President Donald Trump has long held up the real estate business he inherited from his father as a banner of success, but his recent, revised …

Housing