Advisors and investors have certainly been keeping an eye on gold prices as of late, but what’s going on with the gold miners themselves may be equally as interesting. Key Takeaways: Gold miners performed well in August, given that the precious metal offered a potent use case during the debasement trade and a weakening dollar. […]
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Marcus & Millichap closed the sale of 219-225 E. Broad St., a mixed-use property in Westfield, NJ. The asset sold for $5.9 million in the second sale the firm arranged in this union County suburb in as many weeks. “This transaction reflects the continued demand for well-located mixed-use assets in New Jersey’s strongest downtown markets,” said…
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CBRE facilitated the $32-million sale of Commons at Valencia, a two-building Class A office campus totaling approximately 157,189 square feet, located at 25124 and 25152 Springfield Ct. in Valencia. Strauss Investments LLC acquired the property from Harbor Associates. The CBRE team of Mark Shaffer, Anthony DeLorenzo, Sean Sullivan and Gerard Poutier represented Harbor Associates. “Commons…
MyPillow’s Mike Lindell is stepping down as CEO after 22 years on the job. Lindell, a Trump ally, said on Facebook on Tuesday that he’d made one of the “biggest decisions” of his life: stepping down as CEO to dedicate all his “time and energy” to his campaign for Minnesota governor. “Minnesota deserves my full…
While many investors focus on building their wealth, protecting themselves with personal insurance ensures their repayments can be met when the unexpected occurs. In a recent episode of The Property Nerds podcast, Solace Life managing director Chris Seneviratne said that while investors often viewed their properties as their greatest assets, the value of human life…
Seattle tops the table, Tampa and Las Vegas close behind The top tier, which First American calls affordability heavyweights, posted an average improvement of 8.2% from a year ago, according to Sam Williamson, senior economist at First American Data & Analytics. Income growth drove the bulk of those gains, contributing 4.3 percentage points on average, with softening…