Cantilevers were a comparatively late advent in architecture, one that required the invention and widespread use of steel in construction. But some 115 years after Frank Lloyd Wright famously used a cantilever system in designing Robie House in Chicago, cantilevering is ushering in a new dimension in skyscraper design. Architects and developers have seized on
Real Estate
A Malibu spec home aiming for a Zero Carbon Certification (ZCC) hits the market for $32 million. Located in Ventura, Calif., developer Crown Pointe Estate’s “Zero 1” residence is seeking an elusive green certification and a serious eco-warrior buyer. The six-bedroom, nine-bathroom home sits in 14,429 square feet. It is the first of the MariSol
In the world of luxury real estate, closing a deal can be as nuanced as it is cut-throat. Here’s how two top real estate agents recently set a record in one of Los Angeles’ hottest markets. The Sherman Oaks residence received multiple offers thanks in part to the savvy marketing techniques … [+] leverages by
Lots of people have had to cancel trips in recent weeks as a midsummer resurgence of the pandemic pushed Covid-19 infections and hospitalizations to record highs in many states. Now, the nation’s central bankers are in the same boat, and it might be a signal that mortgage rates could be staying near historic lows in
The life sciences side of commercial real estate has been a flourishing asset class for a number of years. The pandemic has only served to solidify its stronghold within the commercial real estate sector. According to Newmark’s “2021 Mid-Year Life Science Overview & Market Clusters” report, venture capital firms accelerated their investments in life science
Ready to leave the hubbub behind? This idyllic 13-acre retreat is set above the Lake of the Woods in Bigfork, Montana. If you’ve never heard of the lake, that’s not by accident. In fact, it’s a big part of the appeal. The quiet lake encompasses 61 acres and sits at an elevation of about 3,000
San Diego’s demographics continue to skew younger, as more and more life sciences, technology and telecommunication companies are choosing to locate in San Diego and expand operations. Qualcomm, the multinational telecom and semiconductor manufacturer headquartered in San Diego, employs a force of young well-paid engineers and computer science grads with advanced degrees. The University of
Actor Neil Patrick Harris and husband, David Burtka, have officially listed their beautiful Harlem brownstone for $7.3 million. Located on 2036 Fifth Avenue between 125th and 126th streets, the Italianate-style home was heavily renovated by the couple in 2016 by Los Angeles-based interior designer Trace Lehnhoff and New York award-winning architect Jeffrey Povero. The couple
Beverly House, the onetime home of newspaper magnate William Randolph Hearst in Beverly Hills, is arguably the most storied of Los Angeles’s legendary estates. Now, after years in bankruptcy proceedings, the property located at 1011 North Beverly Drive set to go to auction. Court documents show there’s an accepted offer in hand for $47 million.
The real estate market is booming and many buyers are looking for a new home. One key reason the housing market is prospering is low mortgage rates. But there are other factors would-be homeowners need to consider when deciding whether now is a good time to buy. To help, members of Forbes Real Estate Council
Investment Specialist, Team Denver Homes - RE/MAX Professionals. Your first step as a real estate investor is usually the most difficult. I often talk to new investors who feel overwhelmed by everything they don’t know about real estate: the terminology, the market, the capital, the risks and rewards. If this sounds familiar, let me reassure you: real
The rental market, which slumped during the pandemic, has snapped back quicker than many economists predicted. A strong and widespread recovery of rents has pushed prices beyond where they would have been had the coronavirus pandemic never occurred, according to Zillow’s latest market report. Although home appreciation again broke records in July, there are signs of
As Mohamed Hadid eyes a record price in Beverly Hills, another of the luxury real estate developer’s properties is headed towards a different fate. Hadid’s unfinished mega-mansion at 901 Strada Vecchia Road in Bel-Air is scheduled to hit the auction block next month, according to sources familiar with the property. The high-end development, now listed
During the week ending August 16th, Manhattan saw 282 listings added to its real estate roster, while 302 contracts were signed, almost 100 more than the historical average (see chart courtesy of UrbanDigs below). This suggests the residential real estate version of an inverted yield curve, and it has been happening week after week for
This classic ski villa in Vail, Colorado, was built in 1962 – the year Vail Ski Resort opened. It was a time when the sport of skiing was taking off. Initial investors could buy a condo for $10,000 and receive a lifetime lift pass. Listed for $7.95 million, the three-bedroom villa could be used or rented out
A National Association of Realtors “30 Under 30” agent, serving the Del Mar/San Diego luxury residential market with Anderson Coastal Group. Last year, over 4.2 million acres in California were impacted by nearly 10,000 wildfires, making it the largest wildfire season in modern history. As a result, businesses and organizations — from real estate brokers and
The largest home ever permitted in Los Angeles County—a massive Beverly Hills compound spearheaded by real estate developer Mohamed Hadid—hit the market Tuesday with an asking price of $250 million. If it sells for that price, Hadid’s compound would be the most expensive residential property ever sold in California, property records show. Hilton & Hyland
An upcoming virtual auction for 34 acres of some of Hawaii’s most desirable land has been announced for this coming September. Situated on Kauai’s North Shore, this lush expanse is a rare development opportunity in a state known for highly-coveted land, elements reflected in the property’s $50-million asking price. The sale will come at an
Founder and CEO, Visual Lease. The financial world has a never-ending list of new standards and practices to adhere to, many of which intersect with the world of corporate real estate. New lease accounting standard ASC 842 requires businesses to represent their real estate and equipment leases on their balance sheet. While this may sound like
After months of mayhem, the housing market is finally cooling off a bit. While July’s bidding-war rate was the lowest since January, it was still more intense than the 57.9% bidding rate in July 2020, when the housing market was recovering after a shutdown caused by pandemic restrictions, according to Redfin, a technology-powered real estate
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