What does one do with the summer residence of Portuguese nobility? The privately-owned Brejoeira Palace, just south of Monção, Portugal, offers many possibilities. Lacking a crown and subjects, one could be a land baron. The 74-acre rural estate includes 44 acres of vineyards, 20 acres of woods and 7.5 acres of gardens. There’s even a
Real Estate
Eric is a Real Estate investor, founder of MartelTurnkey, and author of Stop Trading Your Time for Money. Even if achieving financial independence is your No. 1 goal, how to make that a reality is far from obvious. A critical first step is to understand your expenses. Make sure your revenue is greater than your spending. This
Chris Sands, Founder and CEO, Sands Investment Group (SIG). In commercial real estate sales, a common philosophy is the “win-win or no deal” approach. This suggests that both parties in a transaction should aim for a mutually beneficial outcome or walk away from the deal altogether. This brings both parties’ needs into consideration while anticipating an
Oli Farago, Co-Founder and CEO of Coyote Software. The talent war brewing in the commercial real estate industry remains competitive, with employers parsing through a limited pool of top professionals who possess highly sought-after skills and experiences. Surprisingly, the pandemic has not eased this tug-of-war. In fact, remote working mandates have hastened the hunt for dynamic
Elik Jaeger President & CEO at SuiteSpot Technology, frictionless facilities management PropTech for multifamily operators. Many multifamily operators are still making important decisions about property operations, maintenance, budgeting and more with little to no real-time data because they simply don’t have it available. Instead, they try to make sense of an unorganized “data dump” for decision-making
For seven straight weeks interest rates have seen increases, with this week being no exception. They landed at 3.18%, per the Freddie Mac weekly report—only a slight rise from last week’s 3.17%. Just two months ago they were under 3%, after a string of decreases leading to the records continually being broken for the lowest
You know the drill. Disruption engenders change and, as a result of the current and ongoing market shock driven by the COVID-19 pandemic, change that was already underway has accelerated. Real estate companies have been embracing proptech like never before. However, this change has by no means been uniform across the board. I had a
Nine years after its founding, real estate brokerage Compass went public on Thursday, minting a huge windfall for the company’s investors and employees. As of early afternoon Eastern Time, cofounder and CEO Robert Reffkin was worth more than $500 million, Forbes estimates. Reffkin, 41, owns 2.3% of Compass’ normal Class A stock and 100% of
Compass, the fast-growing real estate brokerage backed by SoftBank, is expected to go public on Thursday on the New York Stock Exchange. Shares are currently priced at $18, giving the nine-year-old firm a valuation close to $7 billion. It has been a choppy 24-hour stretch for Compass. On Wednesday the company sharply reduced its offering,
When one thinks of downsizing, empty nesters often come to mind. Couples whose children have left the home find the maintenance and expenses of a larger home not worth it anymore, and look to move into a smaller space. But the benefits of downsizing are being enjoyed by many with a ‘full nest’ looking to
We’ve been given so many rules about designing our homes, such as always painting the walls white and that your dresser, bed, and nightstands must match. But following the rules of interior design often leads to visually uninteresting spaces. So, do we need to listen to everything we’ve been told? After all, they say that
We know some people are going to go back to some offices. We know those office spaces will be different than they used to be. And we know the commercial real estate industry is facing one of its most serious challenges in modern history. But there’s so much more we don’t know and that will
Gardening grew in popularity during the pandemic, with many Americans having more free time at home, as well as a desire to eat more healthfully to boost their immunity. According to trade publication Greenhouse Product News and Axiom Marketing’s 2021 Garden Survey, 86% of homeowners plan to continue gardening in 2021 and 47% say they will
Here’s how top real estate brokers close deals in California’s hot markets. In these days of multiple offers and fierce bidding wars, the reality of getting a transaction across the finish line is beyond challenging. Here two top brokers from the very competitive San Francisco and Napa Valley markets share their insights. Nina Hatvany of Compass
Ari Rastegar is CEO of Rastegar Property Company, a vertically integrated real estate company with a focus on value-oriented real estate. In the years leading up to the pandemic, all manner of pop-ups and permanent experience-focused locations were being constructed to meet the demands of a social media generation. Everyone from museums to luxury brands to
Ocean views don’t get much better than this. In the coastal haven of Montecito, Calif., a reimagined showplace on Butterfly Beach has hit the market for $23.8 million. The freshly renovated estate, listed with the Riskin Team of Village Properties, is just one of 15 houses located on coveted Channel Drive and features more than
Coldwell Banker looks at the Spring selling season recently releasing its “Home Seller Survey Key Findings.” Coldwell Banker commissioned The Harris Poll to survey homeowners about upcoming plans to list their homes. From Massachusetts to California, it continues to be a seller’s market. According to realtor.com’s Weekly Housing Trends for the week ended March 20 year-over-year
Los Angeles’ Silver Lake neighborhood isn’t usually known for homes with hidden cupboards where alcohol was stowed away during Prohibition. Nor is it known for asking prices in the tens of millions of dollars. But both those things are about to come true this week with the launch of The Paramour Estate. This 18,000 square
One of the brightest spots in New York City’s real estate market has been the increasingly high interest in affordable housing investment from a range of market players. Particularly now in a more risk-averse market, affordable housing presents a great deal of stability and security for owners, and more housing stock is on the way
Rising high on the Sydney skyline is a trophy home like no other. The mansion-sized penthouse, perched atop a triangular-shaped glittering bank tower, is one of the crowning jewels of the city’s residential high-rise market. It’s private, secure and unexpected. At some 600 feet up from the pavement, the Boyd Residence can be reached only
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