Prologis in talks for giant warehouse portfolio,...
by Kevin Rebong on 2019-07-15 at 6:00 PM
Prologis is in advanced talks to acquire a $4 billion warehouse portfolio, a month after getting outbid by Blackstone in a far larger industrial deal. Investors are increasingly drawn to warehouse properties, which attract major e-commerce firms, and are typically shielded from drastic market swings. In the fourth quarter of 2018, warehouse vacancy rates were at 7 percent, the lowest point since […]
A-Rod scores new home base for his investment...
by Alexis Manrodt on 2019-07-15 at 5:30 PM
UPDATED, July 15, 10:32 p.m.: Retired Yankees slugger Alex Rodriguez is moving his investment company’s home base to Terra’s Grove at Grand Bay. On Friday, Rodriguez’s A-Rod Corp closed on space totaling 12,700 square feet at the luxury Coconut Grove condo development, said Erin Knight, executive vice president of Monument Capital Management. Monument is one of the companies […]
Philip Levine lists block-long Wynwood dev site...
by Kevin Rebong on 2019-07-15 at 4:30 PM
Developer and former Florida gubernatorial hopeful Philip Levine listed a block-long development site in Wynwood for $25 million. Levine, a real estate investor and a former Miami Beach mayor, is looking to sell the properties at 2215 Northwest First Place, according to a Loopnet listing. The site includes a building known as the “Whale & Star” building. Tony Arellano and Devlin […]
Home Price Appreciation Forecast
by simplify on 2019-07-15 at 6:00 AM
Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 […]
Is Your First Home Now Within Your Grasp?...
by simplify on 2019-07-12 at 6:00 AM
Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers and Sellers, the median age of all first-time home buyers is 32. More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now! […]
Americans’ Powerful Belief in Homeownership as...
by simplify on 2019-07-11 at 6:00 AM
The Federal Reserve Bank (The Fed) recently released their 2019 Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by age, education, income, […]
Home sales cool in Jackson County - Mail Tribune
on 2019-07-15 at 4:41 PM
Home sales cool in Jackson County Mail TribuneThe number of homes for sale is on the rise and those houses are sitting on the market longer, but prices are still creeping up in Jackson County. The changes ... […]
'Real Housewives' Star Jacqueline Laurita Cuts...
on 2019-07-15 at 3:06 PM
'Real Housewives' Star Jacqueline Laurita Cuts Price on NJ Mansion—Again Realtor.com NewsFormer "Real Housewives of New Jersey" cast member Jaqueline Laurita's Franklin Lakes, NJ, home is still up for grabs—with a *fresh* price cut. […]
Longtime Realtor Dick Badger dies at age 90 |...
on 2019-07-15 at 2:36 PM
Longtime Realtor Dick Badger dies at age 90 | Local News Conway Daily SunCONWAY — The Mount Washington Valley lost a lion of a business and community leader last Saturday with the passing of 90-year-old real estate icon Dick ... […]