The news is full of stories regarding yesterday’s call by WeWork to its landlords serving notice that they were seeking to renegotiate nearly all their leases. This was accompanied by a letter from WeWork CEO David Tolley who stated inter alia that “[a]s part of these negotiations, we expect to exit unfit and underperforming locations”
Real Estate
A “For Sale” sign is displayed in front of a home on August 30, 2023 in Los Angeles, California. Mario Tama | Getty Images After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage demand. Total mortgage application volume fell 2.9% last week, compared with
In recent studies, we’ve analyzed and examined the richest cities in other Deep South states, like Mississippi and Georgia. Here, we’re going to take a look at the richest cities in their mutual neighbor, Alabama. Although the median household income in Alabama — $54,943 — is close to $14,000 less than the median household income
In this article 960-HK 2007-HK 3380-HK 3333-HK Follow your favorite stocksCREATE FREE ACCOUNT Residential buildings stand at the Metro Town development, jointly developed by CK Asset Property Holdings Ltd., Nan Fung International Holding Ltd. and MTR Corp., in Hong Kong, China, on Thursday, Jan. 11, 2018. Anthony Kwan | Bloomberg | Getty Images Hong Kong-listed
When it comes to real estate investing, taking a long-term approach has key benefits. The most successful investors I’ve dealt with in my career have built their portfolios over time. While there could be challenges to acquiring and refinancing assets in today’s market, there are still opportunities to be had. If you’re an investor who
After rising steadily since January, home prices may now be turning lower again. The latest read on home prices shows they hit another all-time high in July, rising 2.3% from the same month last year, according to Black Knight. That’s a bigger annual gain than the roughly 1% recorded in June, and August’s annual comparison
The Sport of Kings has forever been a study in contrasts. The spirited game features champion horses, their thundering hoofs vibrating flutes of Veuve Clicquot enjoyed by spectators in the field-side cabanas. Some trendsetters forget to lower their Bulgari shades to notice the match―unless, of course, the players include Ignacio “Nacho” Figueras, Argentina’s star competitor
In this article DLR JLL KKR Follow your favorite stocksCREATE FREE ACCOUNT U.S real estate investment trusts today manage $4.5 trillion in real estate worldwide. Many groups on Wall Street offer these tax-friendly funds to retail investors. KKR’s real estate business is one of the big players in the REIT game. The private equity firm
When it comes to housewarming gifts, most people think of kitchen gifts and bathroom gifts. However, experts recommend sleeping 8 hours a day – which is one-third of each 24-hour period. And even people who don’t reach the 8-hour threshold spend well over 6 hours a day in the bedroom, either sleeping or lounging in
Houses in England. Christopher Furlong | Getty Images News | Getty Images LONDON — The number of houses sold in the U.K. this year is set to reach the lowest annual figure since 2012, real estate company Zoopla found in its latest house price index released on Wednesday. The report shows an estimated 21% decline
There are many ways to track home design trends. One of the best is considering what retailers are seeing specifiers and homeowners purchasing – especially retailers that cater to both professional and consumer clientele across the country, like the Ferguson Bath, Kitchen & Lighting Gallery chain and its Build with Ferguson website. Here are five
NANJING, CHINA – AUGUST 18, 2023 – Aerial photo shows a residential area of Evergrande in Nanjing, East China’s Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Getty Images Shares of the world’s most indebted property developer China Evergrande Group plunged as much as 87% on its open on Monday, trading for
With so many fluctuations in today’s market, securing the right tenant has become crucial—they will be a source of cash flow for your investment and losing one could lead to short-term or long-term losses. This means you’ll want to carry out solid research before presenting any leases. You’ll also want to make sure the terms
There are two product types that are gaining share within the built-for-rent single-family (”BTR”) space, being 1) horizontal apartment communities, and, 2) townhome communities. These are the two categories of BTR that are growing fastest, evidenced by the numbers of units reaching completion, and also based on our book of market study business. Of course,
High-rise tower buildings along the central Sheikh Zayed Road in Dubai on July 3, 2023. Karim Sahib | Afp | Getty Images Dubai’s luxury home prices surged by nearly 50% in the year up until June, maintaining its top ranking for the eighth consecutive quarter, according to a new report by Knight Frank. According to data
Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Mortgage rates jumped last week to the highest level in 23 years, pushing mortgage demand from homebuyers to the lowest level in 28 years. Total mortgage application volume fell 4.2% last week, compared with the previous week, according
Just a few miles from the business district of Chester, New Jersey, is a bucolic property with 52 acres of preserved farmland. Its many antique buildings, including a five-bedroom main house with the original section dating back to the 1700s, have been expanded and updated to modern tastes. Called Black River Farm, the property is
Ryan Ratliff (C), Real Estate Sales Associate with Re/Max Advance Realty, shows Ryan Paredes (L) and Ariadna Paredes a home for sale on April 20, 2023 in Cutler Bay, Florida. Joe Raedle | Getty Images Mortgage rates jumped Monday, following a rise in bond yields driven by investors’ concerns that high interest rates and inflation
Middlebury is paying students $10,000 to take the semester off. Other schools are housing students in everything from trailers to rooms at a casino resort—or leaving them to fend for themselves. By Alex Perry, Forbes Staff Priscila Sepulveda is set to begin her junior year as a film major at the University of California, Berkeley
The idea of a Hawaii paradise can mean many things to many people. Maybe it’s immersion in a lush tropical setting. Being close to nature, great surfing or a top bird-watching destination. Living in privacy on a secluded, amenity-filled estate. Perhaps, it is all of the above. The property lies within the Kalihiwai Ridge neighborhood,
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