When a property owner and a developer (or investor) enter into a long-term ground lease, the tenant and its lenders will insist that the property owner cannot easily terminate the ground lease for default. The tenant will have extensive rights to “cure” its defaults. If the tenant doesn’t cure, then the tenant’s lender has additional
Real Estate
While many people associate biohacking with taking vitamins or exercising, most biohackers will tell you it’s about embracing a wellness-focused lifestyle and making changes to optimize health. Much of this begins with making healthy changes at home. For example, opting for an organic mattress instead of a conventional one can reduce chemical exposure. Dave Asprey
Steeply graded home lots seem to suit architect Robert Harvey Oshatz. To build on such parcels, homes are designed to cantilever over slopes, offering exceptional views. The residences seem to soar and can appear untethered, existing in the air. It’s an Oshatz signature refined during 50-plus years of work: architecture that looks to have been
With its picturesque lakeside setting, nearby ski areas and rustic wineries, Traverse City has all the makings of a proper vacation town. Even the name of the small Northern Michigan region implies a limited stay, a passing through. Past accolades awarded to the town reinforce this status as a travel destination— Oprah Magazine’s “Best Winter
There’s nothing like views of the setting sun punctuating the ocean horizon. But that’s just one of the many attributes of a recently constructed compound sited on an acre of ocean bluff in San Diego County’s La Jolla Farms. A gated and secured entrance at the street ensures privacy. The more than 7,500 square feet
With the arrival of Bitcoin in 2009 and subsequent blockchain currencies, conversations about crypto real estate immediately followed, albeit in hushed murmurs. Fast forward to today and stories of seven-figure crypto real estate transactions have the industry abuzz. As with any burgeoning technology—especially one promising revolutionary change—there are believers and skeptics. What cannot be debated,
When it comes to prime real estate, everyone knows it’s all about location, location, location. Whether your next home is a luxury mountainside retreat or one with a commanding oceanfront view, one of the best ways to capture those breathtaking vistas is with floor-to-ceiling windows. Thankfully, most modern home builders today realize this is what
In an already diverse real estate landscape, there is perhaps no market more unique in the United States than Hawaii. Fueled by wealthy out-of-state buyers, the demand for second-home properties outpaces any other part of the country. According to Hawaii’s chief economist, roughly a quarter of Hawaii’s homes were purchased by non-residents. Large land offerings
Christina Lindal formerly the executive vice president of Lindal Cedar Homes took over the role of President, September 1, 2022, from her father Bob Lindal, a second generation leader of the company. Christina Lindal has a long history with Lindal. She joined the company shortly after graduating from Scripps College in Claremont, CA, with a
When an owner of commercial real estate wants to negotiate a sale, the buyer will often have a general idea of what they are willing to pay. This idea usually reflects limited investigation and analysis, because more extensive investigation and analysis costs more than the potential buyer is willing to spend without knowing that the
Cars are sophisticated, complicated precision machines with an average of 30,000 parts and an equally complex manufacturing process. That number continues to increase, but even as cars become more sophisticated, there have been leaps and bounds in quality. Not only is the quality improving, so is the speed to deliver new cars. A mass-produced car
The home that Johnny Cash built in rural Casitas Springs, California in 1961 as his quiet, easy-going place to escape from a busy recording and touring lifestyle went on the market in June for $1.795 million and has recently sold to a local buyer for $1.85 million—$55,000 over the asking price. The former owners had
When a seller agrees to sell real estate to a buyer, the parties sign a contract that identifies the real estate, states the purchase price, and covers a few other important points (plus a myriad of minor points). The parties then close their transaction, and as part of that closing the seller signs a deed
Kim Kardashian has lived in a variety of homes, but she still has stayed close to Los Angeles with homes in Beverly Hills, Beverly Grove, Bel Air and Hidden Hills. Now she is moving about an hour away to Malibu where she bought an oceanside estate that once belonged to supermodel Cindy Crawford. At $70.4
Existing-home sales experienced a slight dip in August, marking the seventh consecutive month of declines, according to the National Association of Realtors. Month-over-month sales varied across the four major U.S. regions as two regions recorded increases, one was unchanged and the other posted a drop. On a year-over-year basis, however, sales fell in all regions.
New York has a convoluted body of usury law that deems certain loans usurious and invalidates them. New York’s usury law almost never actually applies to any loan because the law riddled with so many exceptions and exclusions. It will, however, sometimes rear its ugly head with casual or noninstitutional transactions, or where a lender
It’s easy to make assumptions about small towns, whether they are laid-back communities in the shadow of more densely populated areas or that their housing is affordable for most home buyers. Home prices may seem as if they’re declining in some parts of the country, but that doesn’t change how dramatically they’ve risen over the
Real estate sales records are meant to be broken. And once again, Driven Properties has not disappointed with the closing of a property in the Villa Amalfi development on master-planned Jumeirah Bay Island in Dubai. Jumeirah Bay Island is coveted for its excellent security, comfort and privacy—plus a premium … [+] waterfront location. Driven Properties
How much time did you spend in your garage last weekend? Did you just drag all your groceries into the house in one glorious trip, or did you spend hours indulging a hobby, working on your truck or motorcycle, exercising, or even entertaining friends? Garage workshops, garage gyms and even garage theaters have become increasingly
The housing market landscape is vastly different than it was several months ago as potential home buyers and sellers continue to hesitate amid affordability challenges and mortgage rate swings exacerbating the housing cost roller coaster for buyers. Home values slipped for the second consecutive month as mortgage costs continue to sideline buyers, according to Zillow’s
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