Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat! Since the build-to-rent model quietly crept into the real estate sector in the early 2000s, it has steadily gained steam, chugging to prominence in the last few years. But the success of build-to-rent is relatively new, and some investors still misunderstand
Real Estate
As workers trickle back into offices across the land, they are certain to see changes in the settings they departed last March. From flexible adaptation to biophilic designs to niche co-working and more, architecture and design firms have responded to the hurdles of the late- and post-pandemic workplace environment. They are unveiling new systems and
Michael Shvo is at the center of $3 billion worth of property deals, making him a main player in premium real estate—but just three years ago he pleaded guilty to tax fraud. Dressed in a black Armani T-shirt—he has 100 of them—Michael Shvo sits in front of a Zoom background depicting the jewels of his real estate portfolio: the Transamerica
If there is one thing we have learned during the past year, while the Covid pandemic has kept us isolated in our homes, it is that the ho-hum, everyday elements of our home life matter. We have painted walls to make rooms more pleasant, we have rearranged furniture to meet the demands of working from
As the spring sales season opens for business, the housing market in New York City is heating up, with townhouse units being among the most sought after by Manhattan buyers. The market for townhouses in New York City is the strongest it’s been since 2015, according to a new report from UrbanDigs, as homebuyers continue
We spend approximately one-third of our lives in bed, which means we are in our bedrooms more than any other room in the home. Yet, many people tend to overlook the design of these spaces. Still, it’s important for our sleep and overall health that our bedrooms give us a feeling of happiness and relaxation,
Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm. At the end of 2020, apartment owners — particularly those in the mid-market segment of the industry — concluded one of the worst revenue years in memory as a result of the Covid-19 pandemic. Occupancy fell, especially in
Topline Former Goldman Sachs executive Michael Daffey purchased convicted sex abuser Jeffery Epstein’s New York City mansion last week, a spokesman for Daffey confirmed Tuesday, with a portion of the proceeds going into a fund to pay Epstein’s victims. Key Facts Daffey bought Epstein’s 28,000 square-foot Upper East Side mansion last week for $51 million
Not all waterfront property is equal. A treasured find on Australia’s Sydney Harbor is this vintage boatshed. But it’s not the quaint green-shingled structure that makes it valuable. The so-called boatshed residence anchors a coveted deep water lot that has sufficient mooring for … [+] luxury yachts. Private Property Global It’s the fact that the
Vered Schwarz is the President and COO of Guesty, an end-to-end property management software for short-term rentals. It’s been over one year since Covid-19 hugely impacted the world, global and local economies, and for many of us in travel and hospitality, our businesses. Though the last 12 months have been unprecedented, an unexpected number of individuals
Without a doubt, no housing markets feel more of a pull than those on the coast. From fair weather to fresh breezes to breathtaking views, coastal properties continue to be some of the most sought after, particularly in western hotspots such as Southern California and Hawaii. In this week’s real estate price comparison, I took
Managing Director at Birge & Held Asset Management, empowering others to build real wealth through real estate investments. The way we engage with multifamily real estate is changing. Covid-19 may have expedited the process, but a digital transformation was taking place long before we all “went virtual” in March of 2020. That’s because of proptech. The
Founder & CEO at CM Square, a company delivering PropTech and AI services for Asia’s customers. One question is always at the top of the priority list for professional and institutional real estate investors: How do we make a higher profit and maximize it throughout property transactions and operations? Traditionally, real estate markets are slow-moving, and
Buying versus renting is more affordable in some cities according to realtor.com. A new analysis finds that low mortgage rates have made it more affordable to buy than rent in a growing number of metros. Realtor.com recently analyzed the numbers. As low mortgage rates continue into 2021 “buying a home was equal to or more
Ken Ashley’s a Cushman & Wakefield tenant rep practicing globally for over 25 years. He lives in ATL and thinks about real estate. A lot. I get asked two questions a lot: When do you think people will go back to the office, and do you think we will need less space now that everyone is
President & CEO of The NHP Foundation, not-for-profit provider of affordable housing. As affordable housing practitioners, we know that every decision we make affects the thousands of residents living in our communities. And since no good decisions were ever made in a vacuum, The NHP Foundation relies on timely, cogent research to drive the work we
Chris Sands, Founder and CEO, Sands Investment Group (SIG). Throughout 2020, commercial real estate demonstrated its stability and value despite a wide range of unanticipated challenges. While we can generally understand the market within a 10-year timeframe that includes adapting to market corrections, the global Covid-19 pandemic created a more significant challenge than we’ve seen before
By Maura Webber Sadovi Kushner Cos declined to oppose its lenders’ bid to appoint a receiver to take control of its Times Square property, a sign the company could be ready to throw in the towel on the beleaguered entertainment retail project, according to three attorneys not involved with the case. Kushner could also be
The pandemic will forever change the way many things are done. Multifamily design represents one of the tasks likely to be forever altered. According to designer Vickie Alani, principal at the design firm CBT, the pandemic is shaping the future of apartment and condo building design in ways few would have imagined in the pre-Covid
Josh Cooley is the owner/operator of a successful real estate business in Eugene, Oregon and Head Coach at Reger Coaching and Consulting. getty If you’re looking to buy or sell a house in today’s market, the idea of working with a real estate agent or broker may feel outdated. You might wonder, while scrolling through Zillow or Redfin,