Real Estate

As home prices surge, a real estate start-up launched in October by two former Zillow executives sees opportunity. Cincinnati-based Pacaso purchases luxury single-family vacation homes and then sells them to groups of buyers through a fractional ownership model as part of an LLC, co-founder and CEO Austin Allison told CNBC on Friday. “Most second homes

In many ways, ski-resort communities are beholden to the natural world that surrounds them. The allure of the mountain lifestyle stems from a meaningful connection with nature. Through recreational activities like skiing, hiking and mountain biking, residents of ski-resort villages can come in direct contact with the natural world and experience all of the joy

A worker waits to load his truck with debris from the rubble of the Champlain Towers South building, as removal and recovery work continues at the site of the partially collapsed condo building, Wednesday, July 14, 2021, in Surfside, Fla. Lynne Sladky | AP The number of confirmed deaths in the collapse of a condominium

Carlos Santana may live in Las Vegas most of the year, but he loves spending time in Hawaii. The Grammy awarded artist bought a four-bedroom, 4,000-square-foot vacation property on Hawaii’s Kauai Island for $8 million in 2020 and doubled down by buying another holiday home in Princeville for $20.5 million on July 1, according to

by Erik Sherman Keep living in an apartment without paying rent? In the “before times,” it would have been unthinkable — at least without a concerted legal battle with an angry landlord.  During the COVID-19 pandemic, though, all that went out the window. Congress first put an eviction moratorium into place from March 27 to

Hong Kong has long been a global city synonymous with luxury living.  From the Peak, with its magnificent views of Victoria Harbor and the city, to the coastline of Repulse Bay, Hong Kong offers abundant choices for luxury home buyers.   Joshua Miller, chief executive of Hong Kong premier’s luxury brokerage firm, OKAY.COM, grew up in

Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm.  Participants in the multifamily industry know that we are currently experiencing a tidal wave of activity. Why is this happening, how long will it last and what should you do to take advantage of it? First, let’s review

Steeped in history and surrounded by 57 acres of woodlands lies a magnificent estate in New York known as Laurel Hill, one of Long Island’s rarest remaining Gold Coast estates.  On the market for $18.5 million, the grand estate celebrating Tudor architecture is in the prestigious North Shore enclave of Mill Neck, New York. It’s

Morty, an online mortgage marketplace, announced today they have closed a $25 million Series B financing round with the entirety of the funding in the form of equity. This gives the company a valuation of $150 million, said Morty cofounder Nora Apsel. Previously the company had a valuation in the $10 to $50 million range,

This charming Engadine-style house in Bever, Switzerland, has been a year-round holiday home for the past three decades. Over the centuries uses have included a rectory, a farm, an artisan’s workshop and even the residence of a practitioner of mesmerism. Although the first record of the structure dates to 1762, its cellar walls go back

There’s no doubting the fact that property technology (proptech) is an innovative approach to real estate marketing. From developers and investors to property management companies, proptech has the potential to benefit every party involved in the buying and selling process. The proptech sector has been experiencing strong growth since 2014, and especially since the pandemic

Founder and CEO, Visual Lease. Poor management of your real estate leases exposes your business to a range of risks including unexpected terminations, defaults and overbilling by lessors. And with new lease accounting rules requiring leases to be reported as assets and liabilities on the balance sheet, poor lease management can also result in inaccurate financial

The second quarter of 2021 was the busiest since at least 2004 for the Manhattan residential scene, continuing a shift to a seller’s market, according to a recent report from real estate data firm UrbanDigs. More than 4,380 deals were signed in the second quarter, up more than 24% from the previous quarter, and an

In this article TMHC The housing shortage that began before the pandemic will stick around for a long time as market demand soars, the chief executive of homebuilder Taylor Morrison told CNBC on Wednesday. “As the economy continues to improve, we’re going to see mortgage rates move up, and I think that should be expected. They’re not

An IRS office building in the East Harlem neighborhood of New York. Timothy Fadek/Bloomberg via Getty Images Last December, two Atlanta tax professionals pled guilty to a scheme that defrauded the IRS of more than $250 million in taxes. The scam claimed more than $1.2 billion in fraudulent charitable deductions through so-called syndicated conservation easements,

In this article RGP-GB Stephen M. Ross attends The Wall Street Journal’s Future Of Everything Festival at Spring Studios on May 20, 2019 in New York City. Nicholas Hunt | Getty Images A super PAC funded largely by billionaire Stephen Ross racked up a winning record in New York’s city council primaries, a sharp reminder

SrdjanPav | E+ | Getty Images The national ban on evictions is scheduled to be lifted at the end of the month, yet just a sliver of the $45 billion in assistance allocated by Congress has gone out to renters behind on housing payments. The first round of rental aid was authorized by Congress in

In this article RDFN A home stands for sale in a Brooklyn neighborhood with a limited supply of single family homes on March 31, 2021 in New York City. Spencer Platt | Getty Images For more than a year now, the housing market has been a perfect storm for sellers, but the winds may finally

A member of Miami-Dade Fire Rescue hugs a victim’s relative at the “Surfside Wall of Hope & Memorial” near the site where a building collapsed in Surfside, Florida, north of Miami Beach on July 7, 2021. Chandan Khanna | AFP | Getty Images The number of confirmed deaths in the collapsed condominium building in Surfside,

The revived New York City real estate market is seeing strong demand and attractive prices relative to recent history, a top broker told CNBC on Tuesday.  “The story that I’m seeing across the board: All segments are transacting. New York is back, and people want to be here,” Christopher Kromer, a broker with Brown Harris