Federally regulated lenders, such as banks, still play a major role in commercial real estate financing. As commercial real estate encounters headwinds, borrowers will often need relief from those lenders, but regulated lenders typically cower in fear about doing anything that might cause regulators to raise their eyebrows or ask difficult questions. This mentality often
Real Estate
The white, sandy beaches that decorate the coast of Florida are certainly no secret. In Miami Beach alone—with a full-time population of about 80,000—just under 11 million visitors stay overnight in the small beach town every year. A similar story can be seen across many coastal towns across the Sunshine State. However, with an incredible
Whether you’re a sales broker, a remote worker in tech, or on the cusp of launching a new career, negotiating is an essential skill for success. I’ve witnessed countless times during my 25 years of experience in real estate how finding mutually beneficial terms—while steadily navigating conflict—can lead to a winning result for all sides.
The list of most expensive homes for sale in the world is ever-changing. In February, the Robb Report said a penthouse atop New York City’s Central Park Tower, priced at USD 250 million, topped the offerings. The next month numerous publications put the Holme, a palatial 40-bedroom waterfront residence in London, ahead of that at
Over the past several years, as the fortunes of other Chicago neighborhoods waxed and waned with economic cycles and a planet-wide health crisis, Fulton Market has remained the steadiest of all Windy City nooks. Situated immediately west of the Loop central business district, the enclave’s popularity with developers, restaurateurs, office and retail tenants, home buyers
It’s a dilemma many homeowners and interior designers have faced. Whether to paint a room, install wallpaper, or both. One of the challenges of choosing both is trying to find the right wallpaper to coordinate with a specific color or vice versa. Fortunately, Farrow & Ball has found a way to solve this conundrum in
Although mold can be found almost everywhere, you don’t want to find it in your home. Mold is a red flag to buyers, and may cause them to reconsider purchasing your home. Even if you don’t plan on selling your home in the near future, the presence of mold can be harmful to you and
With bragging rights as the live music capital of the world, Austin, Texas, is often filled with sound. Yet, that’s not all you’ll find rising high above the streets. Some valuable downtown airspace is also where a select few make their homes in luxury and style. The 12 penthouses at The W Residences offer the
In 2023, the Nashville housing market presents a paradox that has left both buyers and sellers scratching their heads. While the price tags on homes continue to soar, reflecting a robust demand and a city bursting with potential, the pace at which properties are changing hands has noticeably decelerated. This juxtaposition poses a multitude of
At different times over the past century, Americans have found themselves living under the same roofs with family members of multiple generations. The financial hardships of the Depression spawned generational living in many U.S. households. The housing shortage of 1946-50, immediately after World War II, triggered the same full-house phenomenon. Today, it’s happening once again.
The luxury retail market is undergoing a transformation, with sales in the United States forecast to exceed $75 billion by the end of 2023, according to a new report. While the sector is poised for more dollars and space—luxury retailers leased 650,000 square feet in the past year—the focus is shifting away from the mass
Many of the amenities found in the latest kitchen trends are empowered with smart home technology. Here are five described in the influential 2024 Kitchen Trends Research Report recently released by the National Kitchen & Bath Association. I wrote about eight of the report’s sustainability-related observations last week. The role of innovation in kitchen design
Texas is home to several rapidly growing cities, such as Austin whose population rose by more than a fifth (21.7%) from 2010’s 790,390 to 2020’s 961,855; San Antonio whose population rose by 8.1% over the same 10-year period, from 1.33 million to 1.43 million; and Houston whose population rose by 9.8%, from just under 2.1
In a recent study, we analyzed and identified the richest cities in New Jersey based on scoring several key financial factors. This time around, we’re looking at New Jersey’s neighbor to the west — Pennsylvania, the Keystone State. We analyzed over 17,00 cities in the state in order to identify the richest cities in Pennsylvania.
In the late 19th century, Manhattan’s elite lived largely in tony brownstones around Madison Square Park. The neighborhood remains a hot address, with a glass skyscraper redefining luxury living near the historic 6.2-acre green space. There are just 83 condominiums, two per floor, at the glass-walled Madison Square Park Tower at 45 East 22nd Street.
Whether you own a residential or commercial property, when it’s time to sell, it’s important that your broker utilizes all the tools available to maximize exposure. The level of marketing involved with a property sale will play a key role in the final outcome. In the previous article of this real estate series for brokers,
A 1970s monument to modern architecture is sailing through the test of time in the picturesque hills of Italy’s Chianti region. The long, two-story villa, with strong horizontal lines and a flat roof, is stepped into the countryside terrain of Strada in Chianti, about a 30-minute drive from the Tuscany capital city of Florence. Florentine
Our well-informed readers are likely aware that on October 2, WeWork withheld interest payments due on five senior secured notes totaling approximately $95 million. In an 8-K report, WeWork stated that it has a 30-day grace period to make the payments before an event of default, that it has the liquidity to make the interest
In the Southern California housing market, a 1925 home with an architectural pedigree is sure to pique interest. But in the Santa Barbara enclave of Hope Ranch, a classic Spanish-style hacienda designed by the same man who shaped local landmarks such as the Montecito Inn and the former fire station raises the stakes. “That it
Mortgage rates have skyrocketed recently. If you have an adjustable-rate mortgage (ARM), you may be wondering what you need to do now to stay in your home affordably. Keep reading as we share things to consider to stay on track with your financial goals while staying in your home. How Long Is Your Mortgage Rate
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