Trouble keeps coming in for Cyprus regarding its golden passports investment program. After Al-Jazeera undercover journalists filmed Cypriot officials offering help to a fictional Chinese businessperson with a criminal record, to gain EU citizenship through the program, the European Commission announced that it is launching infringement procedures against Cyprus, as well Malta. Specifically, the Commission
Real Estate
Longboat Key is only 15 minutes from Sarasota getty Florida’s Longboat Key attracts five-star luxury development. Longboat Key a moneyed enclave, neighboring affluent Sarasota is a hot property right now. In Q3 2020 closed condominium and townhome sales above a million hit 102 compared to 39 in Q3 2019. Located in both Sarasota and Manatee
Page views and home sales are up in Myrtle Beach, South Carolina. getty The ability to work remotely has many home buyers toying with the idea of moving to vacation home markets, which are seeing increased interest as shifting priorities and preferences transform where and how people want to live. Page views of for-sale listings
authentic medieval beautiful villages (borgo) of Italy getty Italy’s region of Emilia Romagna is paying people under 40 up to €30,000 to move to its mountain towns and buy or restore a house, in a bid to revamp depopulated areas. The goal is to breathe new life into off-the-radar places where living conditions are tougher
A pair of lawsuits aim to stop a HUD rule that would weaken a key fair housing tool. getty A coalition of fair housing advocates has filed a federal lawsuit against the U.S. Department of Housing and Urban Development over the recent reversal of long-standing fair housing protections. The suit challenges HUD’s new disparate impact
Founder of Keepmore.com and author of “Hidden Investing: What the Wealthiest 1% Know That We Don’t.” Getty I’ve dedicated the last few years of my life to doing everything I can to raise the level of financial literacy among the people I know and love. I even recently published a book with the mission of
NEW YORK, NEW YORK – JANUARY 23: Claire Mazur and Erica Cerulo attend the goop lab Special Screening … [+] at Metrograph on January 23, 2020 in New York City. (Photo by JP Yim/Getty Images) Getty Images A decade ago, before the prominence of Instagram and Pinterest, finding unique fashion and decor created by independent
VP of Investor Relations at Boron Capital, a private investment firm serving diverse segments of the population. getty According to a recent report from McKinsey, 1.4 to 2.1 million (25 to 36%) of American small businesses are at risk of closing permanently due to the pandemic. With economic stimulus at a standstill, many businesses may close
A “sold” sign is posted on a home in Westfield, Ind., Friday, Sept. 25, 2020. The housing market has … [+] staged a furious comeback this summer, even as the economy struggles to regain its footing. Home sales have surged to the highest level in more than a decade. The strength has been driven by
One out of two college students knows “housing insecurity” by heart, first-hand. As many as 68,000 claim to be homeless. That data came before the novel coronavirus struck, heat-seeking America’s and the world’s most vulnerable. So when sustainable urbanism grad student Armelle Coutant and three of her Stanford University colleagues set out on a sleep-deprived
Founder & CEO Robert Reffkin started Compass in 2012 Compass In my continuing coverage of the country’s real estate market, I reached out to Compass Founder & CEO Robert Reffkin. In 2012 Reffkin started Compass with the idea to providing tools and services to help real estate agents grow their businesses and better serve their
In most parts of the country, houses are selling 50% faster than last year. For parts of the … [+] Midwest, it’s even more competitive. Getty It’s no secret that for-sale homes are in short supply. According to the Census Bureau, the market has just a 3.3 month supply of inventory — the lowest level
Kellie Rastegar is Co-Founder and Creative Director at Rastegar Property Group. getty A surge of Americans taking road trips this summer and fall is affecting the hospitality industry’s real estate. The trend is growing as people look for ways to enjoy time off during the pandemic in remote locations, where it is easier to distance from
Toni Morrison, American writer, novelist, editor, Italy, September 2012. (Photo by Leonardo … [+] Cendamo/Getty Images) Getty Images The last home of Nobel prizewinning author Toni Morrison has come on the market for $4.75 million. Located in Tribeca’s landmark Textile Building, the condo is a corner unit with a modern feel despite the building dating
Custom made to order furniture is more accessible than ever. Emery Bastable/Society Social 2020 has been a year of collective realization about the importance of our living spaces and interior design. Not only are we all spending more time at home, but most of us are renovating, redesigning, and refreshing our spaces to fit the
Prasan Kale is CEO of Rise Buildings, a property technology platform powering connections between people & buildings. getty In the initial installment of this two-part series, we discussed how property owners are missing out on a significant opportunity to improve their NOI through incremental revenue related to the transactions of third-party goods and services in their
A perfect example of mid-century modernism, the Kaufmann Desert House is for sale. Daniel Solomon for Vista Sotheby’s International Realty At its best, modernism produced poetically beautiful buildings whose spare simplicity belied their sophisticated design. A stellar example is Richard Neutra’s Kaufmann Desert House. Located in modernism’s spiritual epicenter, Palm Beach, California, it is considered
Saqr Al-Qassimi is the CEO of RAK Real Estate, a family-owned real estate developer in the United Arab Emirates. getty The pandemic has dramatically shifted business operations in several ways — there’s no doubt about that. Although the rapid changes have caused some people to hunker down and hide, I believe the shift has also prompted
Rayan is COO/CFO at Fraction and advises several startups. Previously, Rayan was COO/CFO at Unison and ran a major Canadian pension fund. getty In today’s market, it’s not uncommon for homebuyers to receive assistance from their parents. The numbers are staggering. A survey from Legal and General found (download required) 43% of homebuyers under 35 received assistance
Beware of unknown callers promising stupendous purchase prices for commercial real estate. RANJAN SAMARAKONE Even in today’s uncertain commercial real estate market, long-term family owners of commercial real estate often get phone calls or emails out of the blue from someone offering to buy their property. Often those communications include a very impressive number that