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One of the biggest mistakes new investors make is analyzing rental properties for the best-case scenario. Today’s guest does the opposite. He plans for the worst, and it’s the reason his deals consistently outperform others. In this episode, he’s sharing his secret for getting maximum cash flow with the least work possible! Welcome back to…
The financing is the largest loan completed under Grosvenor’s UK lending strategy. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post Grosvenor provides £53.5m loan for Belgravia…
A penthouse in the clock tower at 108 Leonard Street finally sold for $16.2 million. The triplex atop the Tribeca building, once the headquarters of New York Life Insurance, closed after finding a buyer in October, according to Elena Sarkissian, one of the agents representing sales at the project. The deal works out to roughly…
As Pompano Beach, Fla., turns into a luxury condo market, U.S. Development has found success selling high-end units on the ocean. The company has completed construction of Salato, a 40-unit project close to the shore at 305 Briny Avenue, and sold more than 70 percent of the units, which are priced from $2.4 million to…
Robert Koontz has joined CBRE as senior managing director and head of multifamily debt capital markets within the firm’s debt and structured finance department, where he will be tasked with expanding origination capabilities within the agency space. Koontz is a 17-year veteran of Freddie Mac, most recently serving as head of multifamily capital markets for…
Nationally, there were an estimated 48.5% more home sellers than buyers across the US in June – a contrast to the Northeast, where inventory constraints have kept demand elevated. First-time buyers comprised 33% of existing-home sales in June, up from 30% a year ago, according to the NAR Confidence Index Survey. Within New York State,…
Developer rejects approved co-living scheme in favour of refurbishing the city-centre building as office and retail space. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post MCR…
Combined company would own €13bn of logistics assets across eight European countries. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post WDP and Argan agree €13bn all-share…
Odds are, anything you buy was transported using diesel fuel, the price of which has shot up after Russia banned exports of it, impacting farmers, trains, trucks… kind of nearly everything. Today is “Pie and Beer” Day in Utah, aka Pioneer Day, and having parades is costly. It was also celebrated last year, and the…
New York City is relying, in part, on more than 16,000 units planned via office-to-residential conversions to ease its enduring housing crisis. So, when the country’s largest conversion, sitting in the heart of Midtown, starts to buckle, it’s not taken lightly. The startling structural emergency at MetroLoft and David Werner Real Estate Investment’s Pfizer building…