For many years, investing in California real estate was a no-brainer. Every year an extra half million people needed housing. And they mainly wanted to live in San Francisco or Los Angeles, places that are already full; rents and home prices surged, investors couldn’t miss. Aerial view of the Pacific Heights neighborhood of San Francisco,
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A colorful pied-é-terre on the Upper East Side of Manhattan. Ted Porter Architecture | Ty Cole Photographer It’s a true artist’s loft in every sense. And no wonder. The Upper East Side co-op apartment has been the beneficiary of a collaboration of creative minds: architect Ted Porter and previous owner Lorenza Panero, a multidisciplinary Bogotá-based
A soaring grand room with a limestone fireplace, sugar pine ceiling trusses and hand-carved … [+] staircases. Slifer Smith & Frampton Real Estate Aspen is famous for skiing, its music festival and an unparalleled collection of luxurious housing. First among equals is the Peak House, the highest home in an area called Red Mountain. It
HUD-approved housing counselors can discuss options with homeowners who are having trouble paying … [+] their mortgage. getty The Federal Housing Administration announced Tuesday that it will carry out the Biden Administration’s request to extend the deadline for financially stressed borrowers with FHA-insured mortgages to request and receive mortgage payment forbearance from their mortgage servicer. The new
Mauricio Umansky, founder & CEO of The Agency The Agency The Agency’s founder & CEO Mauricio Umansky talks luxury real estate moving into 2021. Umansky founded the luxury brokerage firm in 2011 as an “industry disruptor” with one small Beverly Hills office. Fast forward to today—The Agency has global brand status with over 700 agents
Quiet spaces for fitness and meditation are a strong wellness design trend. Photo Courtesy of Designer: Ana Cummings; Photographer: S. Dutchesen // Wellness by Design (Tiller Press) (c) J. Gold Wellness design was a strong and growing trend before Covid-19 reached our shores early last year, but it has exploded in popularity as the virus
There are several routes that potential homeowners can choose to get information about real estate purchases. However, some of these sources may give outdated information. For first-time buyers, this misinformation can create some strange misconceptions about the process of purchasing. One of the most common areas that potential homeowners are typically misinformed about is down
Geneva, Switzerland, at sunset. getty In this week’s examination of wealthy housing markets abroad, I compared prices of properties with ocean or water views in three international markets. From a designer-done residence on Hong Kong’s Lamma Island to a rustic villa in Uruguay, here’s a look at what about $4 million buys right now on
Newly developed Williamsburg office space, such as 25 Kent, is helping reinforce the Brooklyn … [+] neighborhood’s growing appeal as a creative office hotpot. Ty Cole When office workers return to the workplace in earnest, one Brooklyn neighborhood will continue to build on its reputation as an office hotspot for creative workers. Wlliamsburg is that
Annecy, France getty Many Americans have heard the French cities of Lyon and Chamonix. Fewer know of Annecy, a lakeshore city that is situated—as the crow flies—about midway between those other two locales. With a mountain backdrop and a crystal-clear lake in the foreground, Annecy is a vibrant locale and a visual jewel. Last year
Aviva is the Managing Broker of Sonenreich & Co, a third-generation commercial real estate broker, owner and investor in Denver, Colorado. getty When America’s real estate history is written, there will be a chapter with the legalization of marijuana as a focal point. I’m a third-generation warehouse owner in Denver, in the state that recreational marijuana
Luxury Collection Broker Greg Gunter owns Berkshire Hathaway HomeServices Colonial Homes San Miguel and is Mexico’s #2 Realtor by sales. getty The residential real estate industry is witnessing a dramatic paradigm shift, thanks to the Covid-19 pandemic. Especially in heavily populated coastal areas, homeowners are choosing to search for more space and less density than the tightly
Macy’s out of focus- Attempting to stop the bleeding through massive cost cutting while trying to … [+] reverse years of a sub-par value proposition is now further complicated by mall fall. Getty Macy’s M is attempting to flee their weakest malls with the latest announced closures of another 45 stores. The move is part
181 Fremont is the West Coast’s tallest ultra-luxury residential tower Bernard Andre Los Angeles and San Francisco condominiums deliver luxury five-star living for today’s buyers. As the market continues to pivot due to COVID luxury and ultra-luxury condominium living is alive and well in California. West Coast head of Compass Development Marketing Group, Sandra Eaton
Startups in space travel, electric cars and hair loss treatments are the hot stocks of the SPAC boom. New billionaire Mat Ishbia has a novel idea: A SPAC boasting big profits and a dividend thanks to his massive mortgage company. Mat Ishbia by Jacob Lewkow for Forbes By Antoine Gara, Noah Kirsch & Sergei Klebnikov
Originally owned by early radio star Fanny Brice, the storied estate in Holmby Hills was updated and … [+] expanded in the 2000s by late TV syndication titan Richard King. Hilton & Hyland Holmby Hills’ North Faring Road has a long and distinguished history. The affluent stretch north of the Los Angeles Country Club has
The New York City skyline on the East River at Midtown Manhattan. getty This grand apartment at 1 East End Avenue offers a coveted combination of classic pre-war details and panoramic views of the Yorkville waterfront. Encompassing two levels in a full-service building dating to 1929, the residence features handsome wood floors, recessed ceilings trimmed
The Beverly Hills home of Steve Wynn, the American casino mogul and former CEO of Wynn Resorts Steve Wynn’s Beverly Hills home has officially hit the market for $110 million. Steve Wynn’s Beverly Hills home sits within a private cul-de-sac surrounded by millions of dollars … [+] worth of landscaping. Jim Bartsch Steve Wynn is
Home prices in London have reached record levels despite the economic slump caused by the … [+] coronavirus pandemic Getty Images The latest data from Britain’s land registry within the Office of National Statistics shows the average price for a home in London reached £513,997 near the end of 2020, or approximately $680,000 at today’s
Listed for $12 million, the updated contemporary residence features some 8,700 square feet of … [+] updated living space, a vanishing-edge swimming pool and a movie theater. Willis Allen Real Estate Perched atop La Jolla’s Mount Soledad, one of the highest points in the seaside community, this updated contemporary residence pairs a wealth of flexible