Roofstock, a platform for investing in the single-family rental rental market, announced yesterday a Series E raise of $240 million, raising its valuation to $1.94 billion. Founded in 2015, the company had previously been valued at $600 million in January 2020. SoftBank Vision Fund 2 led the round with participation from a long list of
Real Estate
Paved with 16th century cobblestones and lined with historic row homes, Calle Aldama is an intact Spanish colonial street in central Mexico’s San Miguel de Allende. But look beyond one arched entry, and Casa Arcadia has peeled back the years. The modernized house was rebuilt by SMA Architecture & Design and decorated by Rachel Horn
Having been born and raised in Los Angeles and with almost two decades of experience in southern California’s luxury real estate, Paul Stukin has been a first-hand witness to the constant evolution of one of the country’s most dynamic markets. The luxury real estate specialist, who started his career with Hilton & Hyland in 2005
Currencies across the globe are on the move in response to current events, creating windows of buying opportunity for dollar-holders in key property markets. Even a small shift in exchange rates can make a big difference in price. In Mexico, for example, an exchange rate variation of 2 pesos to US$1 can mean a change
Whether living in the city or country, it’s important to connect with nature. These properties, from an equestrian facility in the Pacific Northwest to a ski chalet in Switzerland take advantage of their natural surroundings. Wild Turkey Farm in Oregon was designed to be a world-class estate for sport horse breeding. LUXE Prime equine in
Nationwide, a record 8.2% of U.S. homes (6 million) were valued at $1 million or more in February, according to a new report from real estate brokerage Redfin. That’s up from 4.8% (3.5 million) two years earlier, just before the coronavirus was declared a pandemic. The biggest share of million-dollar homes was in the Bay
If there’s one area where recent inflation talk is going viral, it’s Manhattan rents. For instance, a recent New York Times headline showed an eye-popping 30% increase in median asking rents in doorman buildings from December 2020 to December 2021, while the New York Post reported gains of 23% from January 2021 to January 2022.
The real estate industry isn’t exactly known for finding dynamic solutions to common problems. Yet, that is how Tripalink, which is a real estate brand that develops and manages co-living and standard apartments came to be. When Founder and CEO, Donghao Li had a challenging experience renting an apartment as an international graduate student at
A newly built custom home in Arizona’s Paradise Valley offers something many mansions don’t: single-level living. There are no steps within the sprawling 11,129 square feet of interiors. The stone-and-stucco contemporary, built by developer Norton Luxury Homes, breaks up its long horizontal facade with multiple gabled roof lines facing the hedged-lined street. Stately palm trees
Brooke Shields has sold her long-time Pacific Palisades home in Los Angeles for $7.4 million. The actress and super model bought the five-bedroom, five-and-a-half bathroom home 25 years ago for $3.24 million when she was married to tennis legend Andre Agassi. The home has three floors with lots of character. The Agency Located in the
The tree-lined Eagle River and the iron-ore-covered cliffs of Red Mountain make a dramatic backdrop of this wood-clad retreat in the wilderness of west central Colorado. The year-round single-family home has a lodge vibe with vaulted ceilings supported by thick log beams, rough-hewn wood flooring and other wood accents. A stone, wood-burning fireplace with a
Larchmont Village is one of the most unique neighborhoods in all of Los Angeles. Rich in history, it’s one of few places that’s walkable and feels like a true town in the middle of a big city. One of the hallmarks of the area is Larchmont Boulevard, which is known for its variety of retail
REITs have been on a buying spree, making $67.8 billion of net acquisitions in 2021. Several factors have contributed to these purchases, including a robust recovery in underlying property markets and solid outlook for future growth, a low cost of capital, and strong balance sheets that are in a good position to support this expansion
Are you ready to spring ahead this coming weekend? If you live in one of the 48 states that observe Daylight Savings Time at 2 a.m. on the second Sunday of March, you’ll be shifting your clocks ahead an hour. (Only Hawaii and Arizona don’t observe DST.) On the plus side, millions of Americans will
Even in the face of rising mortgage rates and stagnating construction numbers, the housing market is still scorching hot. Because of this, it might be hard to believe that more than 16 million homes across the country are sitting vacant. But this doesn’t mean millions of abandoned and dilapidated homes are withering away in the
Like other major metro areas, Portland’s luxury market has seen a dynamic shift from low-to-high demand thanks to a lack of inventory. According to Oregonlive.com, “the price to buy a residential property in the Portland area jumped 15% from 2020 to 2021.” So far in 2022, the price creep has only continued. For those buyers who
All across the United States, a severe lack of inventory continues to produce record activity at the residential level. On the Eastern Seaboard, Massachusetts has been operating at levels not seen since 2006, according to the January 2022 Bassick Report covering the Boston, Weston, Wellesley, Cape Cod, Martha’s Vineyard and Nantucket areas. The median sales
In today’s hyper-competitive home market, all-cash offers can give prospective buyers a sizable leg up on the competition. It stands to reason sellers prefer all-cash, because it eliminates the uncertainty of a buyer being unable to obtain mortgage financing, and the transaction falling through. In fact, all-cash offers are how more and more homes are
Whoever runs away with this modern mountain house in northwestern Montana won’t have to worry about travel time to an airport. The getaway is one of only a few with year-round fly-in/fly-out convenience. The five-bedroom, six-bathroom home along Whitefish Airport enjoys 360 views of the Flathead National Forest and the Rocky Mountains. The wood-clad mountain
Fueled by recent statewide housing legislation and the continued housing shortage, the city of Los Angeles is seeing a sharp increase in new construction. In areas like West Hollywood, where the landscape is dominated by single-family homes, new housing options like multi-unit complexes and townhomes are now hitting the market—and they’re selling fast and with
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