Real Estate

TOPLINE New York Attorney General Letitia James sued the Trump Organization—along with the president’s son, Eric Trump—to force the company to comply as she investigates whether the company’s allegedly inflated its assets to secure loans and other deals, and comes as the Republican National Convention kicks off and President Trump makes his case for reelection
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When tenants try to negotiate their leases in response to virus-driven shutdowns, and owners try to minimize the damage and stay in business, both parties should keep in mind some strategies and also some potential traps and pitfalls. My previous article discussed some of those. Here are a few more. When tenants try to renegotiate
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An 1890’s former hotel with over 10,000 square feet and 40+ rooms. Named “The Mountain House” for … [+] its spectacular panoramic views of the surrounding Catskill Mountains. John Marinaccio of Coldwell Banker Timberland Properties. Courtesy of Cheap Old Houses “Some of these houses have been abandoned, some are short sales and need renovations, and
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A Brightline train at the company’s MiamiCentral terminal. Joe Raedle/Getty Images Brightline, the sole private passenger rail service in the U.S., has a green light from transit agencies to begin planning two extensions for its $5 billion high-speed train to Las Vegas that would tie it into existing Los Angeles-area commuter rail lines and, someday,
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The Poconos in Pennsylvania are a popular drive-to destination getty Here’s the best places to buy a vacation rental home in 2020. Rented.com recently teamed with Weiss Analytics for its annual deep dive into the economics of owning a vacation rental home. Research criteria included comparing “the cost of homeownership, short-term revenue potential, cost to acquire
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TOPLINE With the global tourism industry hard hit by the coronavirus pandemic, French hotel company Accor is considering a potential merger with British rival InterContinental Hotels—a move which would create the largest hotel group in the world, daily newspaper Le Figaro reported. Shares of both Accor and InterContinental Hotels rallied on Thursday. Eric Piermont/AFP via
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TOPLINE Home-sharing giant Airbnb has filed confidential paperwork for an initial public offering, the company announced Wednesday, paving the way for a potential public markets debut later this year. Airbnb has resumed its efforts to go public this year, despite fallout from the pandemic. Stefanie Keenan/Getty Images KEY FACTS The company announced that it had
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getty Homebuilder stocks DR Horton, KB Home, Lennar, PulteGroup and Toll Brothers are not cheap. These stocks are up between 172% and 22% since mid-March lows. DR Horton and Lennar set all-time intraday highs on Tuesday, August 18. You can be long homebuilders when their P/E ratios are 8% and lower. Today the P/E ratios
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