Real Estate

Prospective home buyers arrive to tour a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Borrowers backed away from the mortgage market last week, as higher interest rates chilled a recent revival in refinances. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less)

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

Residential buildings in the East Village neighborhood of Manhattan in New York City. James Andrews | iStock | Getty Images The U.S. Supreme Court has struck down at least part of New York’s eviction moratorium, potentially leaving thousands of renters in the state at risk of being forced out of their homes. The court’s order

Patrick is Founder and CEO of CARROLL, a national real estate firm combining institutional investment capacity with real estate operations.  The onset of the global pandemic brought uncertainty to a lot of industries, with real estate as a whole being no exception. The multifamily sector, however, has continued to weather the storm relatively well, especially in

A view of the City of London on a clear day. Vuk Valcic | SOPA Images | LightRocket via Getty Images LONDON — About 10% of London offices could soon become unusable when new rules on energy efficiency are implemented, according to analysis from a leading real estate company. Under the new standards, set to

VP of Investor Relations at Boron Capital, a private investment firm serving diverse segments of the population. In the current rocky economy, more and more investors are looking for investments that can give them at least a modicum of peace of mind. Investors want some assurance that the industry they’re investing into won’t be swept away

New York City housing advocates and tenants march to demand Gov. Andrew Cuomo cancel rent amid the pandemic on Oct. 10, 2020. Andrew Lichtenstein | Corbis News | Getty Images A U.S. judge rejected on Friday a request by landlord groups to block the Centers for Disease Control and Prevention’s new eviction moratorium. The decision

Lakeland and Winter Haven, Florida, posted the biggest U.S. median home price gain among U.S. cities since the pandemic’s earliest days, with a 32% surge in June from a year earlier, according to data from HouseCanary. The median price of homes in the adjacent cities east of Tampa was $230,781, up from $174,385 in June

In this article CWK The CEO of commercial real estate brokerage firm Cushman & Wakefield told CNBC on Wednesday he’s seeing encouraging signs in the office market as it overcomes significant coronavirus-related disruption. “We lost about 2.9 million office jobs in April, May of last year. We’ve recovered 2.2 million of those jobs and we

Laura Ellis is president of residential sales and the executive vice president of Chicago-based Baird & Warner. Last summer after the start of the pandemic, we saw the housing market escalate with swift sales and soaring prices as people realized they wanted a change of scenery, more space or both. This year, dynamics continue to break

They are usually reserved for homebuyers, but bidding wars are becoming more common in the rental home market. Demand for apartment and single-family rentals is surging and outpacing supply. As the economy improves, workers are moving out of shared living situations and looking for their own homes. In addition, the housing market is so expensive

This coastal contemporary in an upscale suburb of Santa Barbara, California, was designed to be immersed in its natural surroundings while guarding against the intrusions of the outer world. Key to achieving that aim are a series of massive pivoting iron-and-glass doors that link several of the mansion’s nearly 11,400 square feet of rooms with

Pent-up demand is bringing shoppers back to malls like the Mall of America in Minneapolis. Owen Franken | Corbis Documentary | Getty Images After being hobbled by the pandemic recession, real estate investment trusts are rebounding rapidly, and the economic recovery isn’t the only thing driving growth this year. Share prices are rising from demand

This modern architectural home is a rarity in the Bayview Glen neighborhood of Markham, Ontario, a suburb of Toronto. The golf-club close community is characterized by large homes on roomy lots dotted with mature trees. Schools, parks and small businesses are nearby. Unlike the Colonial, Tudor Revival or Ranch-style homes common to the area, this

Kseniya Ragozina | Getty Images Small investors who might not have the funds – or the stomach to be landlords – have a new option to get in on the lucrative single-family rental market. Fundrise, which started in 2012 as a crowdfunding platform for commercial real estate, is broadening its scope to single-family rental homes.

While there will hopefully be many lessons learned from this pandemic—how to make a sourdough starter, how to keep houseplants alive, how to practice gratitude—none is perhaps more important than how to take care of one’s mental and physical health. Maintaining mental and physical wellness can be done in a variety of ways—anything from meditation

In this article MGP VICI MGM Resorts International President and CEO Bill Hornbuckle is interviewed during the launch of the 100-megawatt MGM Resorts Mega Solar Array, the hospitality industry’s largest directly sourced renewable electricity project in the world on June 28, 2021 in Dry Lake Valley, Nevada. Gabe Ginsberg | Getty Images Real estate investment

City Developments—controlled by billionaire Kwek Leng Beng—said Friday the property developer will report further losses in the first half this year amid the lingering impact Covid-19 lockdowns and financial troubles at Chinese subsidiary Sincere Property Group. “Though signs of improvement are evident across the group’s business segments, the prolonged Covid-19 pandemic has led to the

In this article GOOGL Google is asking the city for feedback on its early plans to transform a Silicon Valley office site with “sustainability” features. City of San Jose filings Google is planning yet another Silicon Valley campus, which will sit adjacent to a new center partly devoted to hardware, according to preliminary plans obtained

What better vantage point to take in the awe-inspiring Bernese Alps than from a genuine Swiss chalet? Or two. These side-by-side chalets in the village of Schönried overlook the Saanen Valley in southwestern Switzerland. Designed for multi-family visits or family reunions, the larger chalet, called Marjolaine, and the smaller Marietta share a common driveway, several outdoor parking