Real Estate

Commercial real estate owners and managers are under more pressure than ever to show creativity and uncover new sources of revenue as office occupancy continues to underperform its pre-pandemic levels. Few options are off the table, from community-oriented flex space to rooftop restaurants and party venues. Add to this mix data centers, which are increasingly

Whenever any real estate changes hands or gets refinanced, the closing typically happens through some form of third-party escrow. The seller signs the transfer or mortgage documents and gives them to a trusted third party, the “escrowee.” The buyer or new lender gives the escrowee some money. The escrowee then makes sure the closing conditions

They say the kitchen is the heart of the home, but that heart may be moving outside, according to a recent survey of top real estate agents worldwide. A recent Luxury Agent Poll conducted by Forbes Global Properties revealed that the single-most sought-after home amenity in 2023 is an outdoor kitchen. The continued outdoor migration

Forbes Global Properties Juniper and pinon trees dot the open rolling terrain. Mountaintops stretch along the far horizon. Beyond them, the setting sun leaves pink and gold traces across the darkening sky. This contemporary adobe set on 1.2 acres in Santa Fe, New Mexico, makes the most of privacy, views and new construction convenience. Completed

Palm Springs is one of the best destinations for interior design and architecture lovers to visit. The city has true character and a rich history with beautifully designed homes and hotels. It almost feels like stepping into a time machine. Many of the properties have a retro-inspired yet authentic vibe, especially the Fleur Noire Hotel.

The city of Vaughan, north of Toronto, Canada, is long on cultural and natural attractions. Known as the Woodland Residence, the modernist residence sits on a tree-surrounded lot in Vaughan. Barry Cohen Homes Canada’s Wonderland amusement park, the McMichael Canadian Art Collection, the quaint Kleinburg Village old town area, the 800-acre Kortright Centre for Conservation

A lot of time is dedicated to providing advice to first-time homebuyers – as it should be. However, selling a house for the first time can also be a bewildering experience. These sellers are navigating what, for them, is unchartered waters, and missteps can keep their home on the market longer, or cause them to

In today’s post-pandemic world, brick-and-mortar retail has surprisingly made an incredible comeback. At one point, as consumers stayed home and shopped online, the future of physical stores was called into question. Yet now many retailers are welcoming in customers who seek an experience or the chance to see and touch merchandise before making a purchase.

Even if you’ve never read Eloise, the iconic children’s book by Kay Thompson, the name has become almost synonymous with New York’s iconic five-star Plaza Hotel. The French Renaissance château-style building was first built in 1907 and deemed a New York City landmark in 1969. While it’s been an operating hotel for over a century,

Natural disasters like hurricanes and snowstorms tend to temporarily halt housing market activity in affected areas. If the U.S. hits the debt ceiling, expect a similar effect on homebuying and selling activity, particularly in areas with a large number of people who are paid by the government. If the United States breaches the debt ceiling,

“Outdoor luxury kitchens are a high growth category,” according to a new study just published this month by the National Kitchen & Bath Association. The reasons driving this surge include people entertaining more at home because of Covid, a desire to connect with nature for wellness, new products exciting homeowners, and a keeping up with

Grammy award-winning musician Billy Joel has called Oyster Bay, a hamlet on Long Island in New York, home since 2002. Now, the “Movin’ Out” crooner is saying goodbye to the property. The “Piano Man” singer recently listed the 26-acre property, known as Middlesea, for $49 million. First built in 1994, the property sits on 2,000

A default on the nation’s debt, if Congress is unable to raise the federal debt ceiling in coming weeks, would boost mortgage rates by at least two percentage points and cause a slump in home sales as costlier financing puts real estate beyond the reach of more Americans, according to Jeff Tucker, a Zillow senior

Anecdotal evidence suggests upscale buyers are as interested in big city pieds-a-terre after the pandemic as they were before Covid’s arrival. The difference? Purchasers are tending to seek not customizable residences, but homes that feature turnkey living. The change may flow from Covid-era supply chain uncertainties lingering longer than expected. Buyers don’t want to wait

A default on the nation’s debt, if Congress is unable to raise the federal debt ceiling in coming weeks, would boost mortgage rates by at least two percentage points and cause a slump in home sales as costlier financing puts real estate beyond the reach of more Americans, according to Jeff Tucker, a Zillow senior

Forbes Global Properties If a gated community with a guarded entry seems like a modern-day security measure, think again. Homes in a neighborhood in Alanya, a city in the Turkey province of Antalya, are surrounded by miles of medieval castle walls complete with watchtowers. Aerial view from the Citadel of Alanya on the Red Tower

After conducting series of deep-dives in housing markets such as in Seattle, Denver, and Phoenix, for example, a general trend seems to be emerging. Major housing markets, like the three mentioned, and for this study — Las Vegas — all experienced supercharged housing activity from 2021 until mid-2022 and has since been cooling off a

Forbes Global Properties Every so often, an architect comes along whose vision and designs are so tied to the fabric of the city in which they erect their masterpieces that it becomes difficult to imagine the same place without their influence—would Chicago be the same without Daniel Burnham or Barcelona without Antoni Gaudí? The two-story

An incredible piece of American history can now be yours. The estate where the late Jackie Kennedy Onassis, the former First Lady to president John F. Kennedy, spent her childhood summers is now listed for a cool $55 million. Located in East Hampton, New York, the home is called Lasata, which means ‘place of peace’

The San Francisco Office Tower was worth $300 million four years ago, but is now for sale, with some estimating it will sell for 80% less, as reported in The Wall Street Journal (and by the way, it’s mostly empty). Meanwhile, in Dallas, nearly 6 million square feet of office space is under construction, amid