Herb Kelleher completely disrupted the airline industry when he founded Southwest Airlines in the 1970s. Kelleher was trying to democratize airlines – an industry that had previously catered to the wealthy and glamorous “jet set.” His goal was to make flying affordable and attainable for everyone – regardless of their economic conditions. As the housing
Real Estate
Generational Breakdown 2019 National Association of Realtors, 2019 In surveys taken ten years ago, Millennials used to say that they would never want to live in the suburbs, and they initially showed little interest in getting married and starting families. Following the housing crash, millions of them moved in with their parents, further slowing household formations.
Everyone knows that retail is evolving, and common thought says that retail that is not customer-focused will fail. Brick-and-mortar retailers with exceptional customer service or experiential offerings and food-related retailers will thrive. Contributing to this transformation is the rise in e-commerce. The popularity of e-commerce is not just hype; it is real and only just
Austin skyline Getty Large tech companies have exponentially increased their presence in Austin. This has had a dramatic impact on office rents in the Texas capital, according to research by commercial real estate brokerage JLL. As of the end of June, the “big 8 tech” companies had either committed to or actually occupied 9.2 million
This porcelain stone looks beautiful throughout the kitchen and dining area. This stone was provided by Architectural Ceramics. Ruscoe@Taverne-Agency.com A great flooring solution for the home, inside or out is porcelain tiles – not the boring tiles of yesteryear. These new high definition porcelain tiles are made to look like many different materials; even close
“How much money can I earn?” is often the first question I get from people who are deciding whether to buy or turn their home into a rental property. I’d argue that this is the wrong question to ask. When you’re looking solely at how much money you’ll earn from a rental property, you’ll estimate
In today’s digital/mobile world, most of the purchase transactions we perform are done in a modern, convenient fashion. Most Americans’ online shopping patterns have evolved from buying commodity items like books to more personalized items like clothes and groceries. More recently, transactions that historically were more expensive or complex are becoming more commonplace. For example,
Timing is remarkably important in the real estate industry. Whether you’re buying or selling, it’s crucial to pay attention to the current trends in your local real estate market so you can strike the best deal possible. After all, depending on how the market is trending, acting sooner or waiting it out a few months could make all
One of the first decisions home sellers must make is about timing. This immediately raises the question of whether it is more prudent to buy and then sell, or to sell and then buy. The reality as I see it is it’s almost always better to sell first. While some reasons for this are obvious,
If you recently moved from your home and leased it out, or inherited a rental property, you’re in one of the largest demographics of real estate investors: accidental landlords. When it comes to leasing, the learning curve is a harsh one. I kept my first home as a rental property after I moved out and
Investing in a building requires the investor to do a little digging and to pay attention to the details. Older buildings can be potential treasure troves, but people need to look over the property critically, as not all old buildings are worth the investment of time, energy or funds. To find out more about what to watch
I like to believe that the hospitality industry can be broken down into four simple pillars. In my business, at least, I firmly stand by these four important components that I believe are essential for any company. In no particular order, they are happy employees, happy investors, happy guests and technology. Happy Employees In order
Garrett Camp, co-founder and chairman of Uber Technologies Inc., left, speaks as Steve Jang, angel investor, looks on during the Slush Tokyo startup event in Tokyo, Japan, on Wednesday, March 29, 2017. Slush Tokyo is a two-day international event and © 2017 Bloomberg Finance LP The celebrity-filled neighborhood of Trousdale Estates in Beverly Hills has
Rendering of Artist Residency 3 World Trade Center Courtesy Silver Art Projects Silver Art Projects The cost of studio space has become an extreme barrier to entry for emerging artists, especially in New York City. Studio spaces are shrinking and struggling artists are forced further away from galleries, museums, and dealers, into neighborhoods that are
Share to facebook Share to twitter Share to linkedin One of China’s richest real developers has lost $2 billion of his fortune in the past two days following word of his detention in Shanghai. Wang Zhenhua was removed as chairman of Future Land Development Holdings after he was held by a district public security bureau
Spelling Manor Front Jim Bartsch The former Spelling Manor, custom built for television producer Aaron Spelling and his wife Candy in the late 1980s, has just sold after three years on the market by its most recent owner, Petra Ecclestone, heir to the Bernie Ecclestone and part of the Formula One fortune. She purchased the
La Follia from above Douglas Elliman There has already been one sale topping $100 million in California this week and now there’s another one to report on the other side of the country. La Follia, a 37,500-square-foot building on Palm Beach’s Intracoastal Waterway just closed for a $105 million, according to property deeds cited by
Several years ago hotelier Vasco Borges was investigating undeveloped land in the Turks and Caicos. As he cleared a path of the dense landscape with a machete he suddenly arrived at the end of a cliff. Borges discovered a beautiful new locale on the North Shore of Providenciales that he hadn’t seen before. The spot
In the United States, Opportunity Zones (OZs) have provided developers with new possibilities. The race is now on to determine whether renewable energy developers can catch up to their real estate counterparts in utilizing this new tool. Opportunity Zones are defined as: “economically-distressed communities where new investments, under certain conditions, may be eligible for preferential
“What the Nationwide report continues to demonstrate is two opposing forces pushing against each other; cancelling each other out to a degree.” 123rf.com Nationwide’s latest UK house price index report for June 2019 – published today and available to read here – on the surface paints a picture of a market that’s to some degree