Real Estate

You know the drill. Disruption engenders change and, as a result of the current and ongoing market shock driven by the COVID-19 pandemic, change that was already underway has accelerated. Real estate companies have been embracing proptech like never before. However, this change has by no means been uniform across the board. I had a

Nine years after its founding, real estate brokerage Compass went public on Thursday, minting a huge windfall for the company’s investors and employees. As of early afternoon Eastern Time, cofounder and CEO Robert Reffkin was worth more than $500 million, Forbes estimates. Reffkin, 41, owns 2.3% of Compass’ normal Class A stock and 100% of

Compass, the fast-growing real estate brokerage backed by SoftBank, is expected to go public on Thursday on the New York Stock Exchange. Shares are currently priced at $18, giving the nine-year-old firm a valuation close to $7 billion. It has been a choppy 24-hour stretch for Compass. On Wednesday the company sharply reduced its offering,

When one thinks of downsizing, empty nesters often come to mind. Couples whose children have left the home find the maintenance and expenses of a larger home not worth it anymore, and look to move into a smaller space. But the benefits of downsizing are being enjoyed by many with a ‘full nest’ looking to

We’ve been given so many rules about designing our homes, such as always painting the walls white and that your dresser, bed, and nightstands must match. But following the rules of interior design often leads to visually uninteresting spaces. So, do we need to listen to everything we’ve been told? After all, they say that

We know some people are going to go back to some offices. We know those office spaces will be different than they used to be. And we know the commercial real estate industry is facing one of its most serious challenges in modern history. But there’s so much more we don’t know and that will

Here’s how top real estate brokers close deals in California’s hot markets. In these days of multiple offers and fierce bidding wars, the reality of getting a transaction across the finish line is beyond challenging. Here two top brokers from the very competitive San Francisco and Napa Valley markets share their insights. Nina Hatvany of Compass

Gardening grew in popularity during the pandemic, with many Americans having more free time at home, as well as a desire to eat more healthfully to boost their immunity. According to trade publication Greenhouse Product News and Axiom Marketing’s 2021 Garden Survey, 86% of homeowners plan to continue gardening in 2021 and 47% say they will

Ari Rastegar is CEO of Rastegar Property Company, a vertically integrated real estate company with a focus on value-oriented real estate. In the years leading up to the pandemic, all manner of pop-ups and permanent experience-focused locations were being constructed to meet the demands of a social media generation. Everyone from museums to luxury brands to

Coldwell Banker looks at the Spring selling season recently releasing its “Home Seller Survey Key Findings.” Coldwell Banker commissioned The Harris Poll to survey homeowners about upcoming plans to list their homes. From Massachusetts to California, it continues to be a seller’s market. According to realtor.com’s Weekly Housing Trends for the week ended March 20 year-over-year

Ocean views don’t get much better than this. In the coastal haven of Montecito, Calif., a reimagined showplace on Butterfly Beach has hit the market for $23.8 million. The freshly renovated estate, listed with the Riskin Team of Village Properties, is just one of 15 houses located on coveted Channel Drive and features more than

Los Angeles’ Silver Lake neighborhood isn’t usually known for homes with hidden cupboards where alcohol was stowed away during Prohibition. Nor is it known for asking prices in the tens of millions of dollars. But both those things are about to come true this week with the launch of The Paramour Estate. This 18,000 square

Forbes Global Properties is the preeminent consumer marketplace for luxury real estate, featuring the world’s finest homes for sale and the agents representing them. Established in 2020 by real estate luminaries Jeff Hyland and Bonnie Stone Sellers, the company is owned and operated by brokerages and features offices in more than 75 locations worldwide. The

One of the brightest spots in New York City’s real estate market has been the increasingly high interest in affordable housing investment from a range of market players. Particularly now in a more risk-averse market, affordable housing presents a great deal of stability and security for owners, and more housing stock is on the way

Rising high on the Sydney skyline is a trophy home like no other. The mansion-sized penthouse, perched atop a triangular-shaped glittering bank tower, is one of the crowning jewels of city’s residential high-rise market. It’s private, secure and unexpected. At some 600 feet up from the pavement, the Boyd Residence can be reached only by

Luxury Portfolio International (LPI) takes a deep dive into the state of luxury real estate. New research from LPI shows that the ratio of affluent consumers looking to buy residential real estate over $1 million versus sellers is estimated to be 3:2, thus setting the stage for an inventory crunch within the high-end property segment.

Piquet Realty Founder and President. Skydiver, Ironman Triathlete, JiuJitsu Fighter and Race Car Driver on the weekends. The frigid temperatures in the Northeast are no longer the only driving factor in why entrepreneurs, businesses and snowbirds are eyeing South Florida as a private paradise. Partial lockdowns and restrictions across the U.S. have inspired many to turn

Nike’s NKE decision announced today to cut ties with six more key retailers should reverberate in the board rooms of many department stores, and multi-brand specialty retailers. Back in August, Nike announced it was closing accounts at Fred Meyer, Zappos, Dillard’s, City Blue, VIM, EbLens, Belk, Bob’s Stores and Boscov’s. While those players were not insignificant,

Sale contract volume in Manhattan hit its highest monthly pace in more than a decade in March, but even as homebuyers continue to move swiftly, brokers say there are still deals to be had. As of last week, there were 878 contracts signed month-to-date, which represents the highest monthly pace seen in Manhattan since March

Don is CEO of DLP Real Estate Capital, a leader in single/multi-family RE brokerage, investment/asset/property mgt., construction, lending. It’s one thing to dream about striking it rich, but quite another to steadily create and grow your wealth through hard work and discipline over many years. So, why do so many — even the very successful —