Real Estate

Forbes Global Properties Setting and style define a suite of ultra-luxury homes—one with a $30.6 million price tag—to be built in an unspoiled canyon in Paradise Valley, Arizona’s wealthiest community. The dozen gated residences inside the vast Phoenix Mountains Preserve will be surrounded by desert and mountains yet close to restaurants, shops and airports in

Low inventory and rising interest rates will likely be a factor in the spring real estate market in North Central New Jersey. The recently released February 2023 market report from Turpin Realtors, which covers Essex, Hunterdon, Morris, Somerset and Union counties, is a predictor of the upcoming prime season. “February typically is when we begin

In recent years, nothing has had a greater impact on office design trends than the pandemic. From turning just about any room of the home into an office to the evolution of the hybrid work model—offices have truly evolved to reflect personal style and work habits as they never have before. This is especially true

Forbes Global Properties Grand Cayman is a resort mecca with white sand beaches, scuba diving, snorkeling and deep-sea fishing. The largest of the Cayman Islands, it boasts fine dining, a stress-free environment and picture-perfect weather. A draw for real estate investors and expats: The entire British Overseas Territory is a tax haven with no property,

The client approached my desk, clearly unhappy. Her new granite countertops didn’t look as handsome in her kitchen as she had expected. She thought maybe the fabricator had installed the wrong slab. I sent our project manager to the job site, paperwork in hand, to check. He confirmed that she did get the Santa Cecilia

When lawyers work on commercial real estate or other transactions, they typically charge for their time by the hour. If the transaction doesn’t close, the bill is the same as if it did close. Clients who face those bills don’t like them. These bills cause maximum pain if the transaction nearly closed and the lawyer

Although the Federal Reserve voted to raise rates another .25% at its second meeting of the year, there was a silver lining in the announcement. In his opening statement, Fed Chair Jerome Powell indicated significant rate hikes may not be needed going forward, which will bring much needed relief and stability to the commercial real

For multiple reasons, senior living has long been associated with leafy suburban settings. Locations close to seniors’ suburban homes, on land affordable enough for the development numbers to easily pencil out, just made sense. So did catering to folks who at younger ages had fled city life and never intended to look back. But as

A home theater from a renowned designer, a wine cellar and tasting room that feel plucked from Tuscany and a solarium with a fireplace that sits in a lion’s mouth are just a few of the glamorous features of a palatial estate in Saddle River, New Jersey. The property at 101 Fox Hedge Road sits

With continual interest rate hikes made by the Federal Reserve beginning in 2022, housing markets across the United States have been experiencing significant disruptions in activity. And this disruption is particularly noticeable in the levels of available housing inventory. Over the course of one year, from 2022 to 2023, countless American housing markets have seen

It’s not just our population that’s aging. Our homes are too. According to Harvard’s Joint Center for Housing Studies’ Improving America’s Housing 2023 report, our houses are older today than at any time ever recorded. Despite a $567 billion remodeling boom last year, JCHS asserts that greater investment is still needed to improve energy efficiency,

Share to Facebook Share to Twitter Share to Linkedin In this week’s CxO newsletter, we look at the UN Water Conference, how beverage companies dealt with Monterrey’s historic drought and more. To get this to your inbox, sign up here. Several years ago, I stood near a trailer park in downtown Las Vegas, listening to

Commercial leases often require tenants to deliver letters of credit instead of cash security deposits. This practice reflects the belief that an L/C gives the owner better security than a cash deposit if the tenant goes bankrupt. Until very recently, many of those L/Cs came from Signature Bank or—especially for start-up or high-tech companies—Silicon Valley

The tide has turned as housing markets in tech hubs and pandemic migration hot spots are cooling more rapidly than other parts of the country as the tech sector falters and mortgage rates remain elevated, according to a recent survey. The Redfin analysis found that Austin, Texas cooled the fastest over the last year as

Single men have long been more likely than single women to own a home, but that gap narrowed sharply in recent years, nearly closing in 2021. However, a recent survey shows that it widened again last year, shining light on the home buying challenges single women face, including lower salaries and a more volatile workforce

Forbes Global Properties Canary Wharf on the River Thames is one of London’s most coveted neighborhoods. The once bustling shipping wharf has been the city’s financial center and a popular place to live for more than three decades. Living here is all about having sweeping river views and an exclusive lifestyle. The two-story penthouse for

In any commercial real estate deal, there’s a participant essential to the transaction whose importance is oft overlooked. That professional is the real estate appraiser. This “valuation professional” — hired by the lender, seller or other — sizes up the property and offers a valuation that helps nail down the ultimate price tag of the

Interior design that feels current yet timeless is an aesthetic that’s challenging to nail. What’s even more difficult is finding a natural balance in contemporary design that’s intentional and clean, yet has a warmth to it. But, interior designer Audrey Scheck of Audrey Scheck Design doesn’t just shine when it comes to these achievements—she makes

A nearly 13,000-square-foot villa in North Rome bears a decidedly modernist imprimatur: the Gucci family name. Built by Aldo Gucci―son of Gucci dynasty founder, Guccio Gucci―the 1951 home is priced at €15 million ($15.885 million) and being sold by two of Aldo Gucci’s grandsons, the owners. The seven-bedroom property has six carved marble fireplaces, a

Forbes Global Properties Rubbing elbows with the Southern California coastline cities of Redondo Beach and Manhattan Beach is the more relaxed community of Hermosa Beach. With a laid-back beach town vibe and an active nightlife scene, the city offers 94 acres of public beach along nearly 2 miles of oceanfront. Sharing this strip of sand