Miami-based Eagle Property Capital Investments and Mexico City’s Promecap have made waves in the real estate realm by successfully raising a staggering $309 million for a dynamic investment fund specifically honing in on multifamily properties across the Sun Belt states. The ambitious joint venture, announced via a press release, unveiled its intention to utilize this
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Twin Rivers Farm could break records as Tennessee’s priciest home if it fetches its $65 million asking price. The property is located just 30 miles southwest of Nashville in the suburb of Leipers Fork, known for attracting high-net-worth individuals and celebrities such as Justin Timberlake and Nicole Kidman. “It’s one of the most significant real
Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September. They hit the lowest level since the National Association of Realtors began tracking this metric in 2001, meaning it’s even worse than readings during the financial crisis more than a decade ago. Sales were down 8.5% from October
Detached houses on a large housing development on the western side of Nashville, Tennessee. Georgeclerk | Istock | Getty Images Nashville natives say they barely recognize the city’s skyline anymore. And they probably won’t anytime soon, as cranes still litter the picture. The Nashville building boom is in full effect, despite higher interest rates, higher
Philadelphia Eagles powerhouse and six-time Pro Bowl center Jason Kelce isn’t just making waves on the field. The 36-year-old is steadily expanding his real estate empire across Pennsylvania, New Jersey — and even in Cleveland. Kelce, the brother of NFL sensation Travis Kelce, who has been nabbing recent headlines of his own for his relationship
Former U.S. President Donald Trump looks on, as the trial of himself, his adult sons, the Trump Organization and others in a civil fraud case brought by state Attorney General Letitia James continues, in New York City, U.S., October 3, 2023. Eduardo Munoz | Reuters A New York appeals court Thursday reinstated a gag order
Nashville skyline at dusk. John Greim | LightRocket | Getty Images Over the past 30 years, Nashville, Tennessee — a city known for country music — has seen a flood of transplants moving from higher-cost cities. For new residents, “everybody has a different story,” said Jeff Hite, chief economic development officer of the Nashville Area
Former US President Donald Trump arrives back from a break at New York Supreme Court during his civil fraud trial on November 6, 2023 in New York City. Adam Gray | AFP | Getty Images The financial watchdog overseeing the Trump Organization informed a New York judge on Wednesday about $40 million in cash transfers
A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBC Mortgage rates fell last week for the fourth time in five weeks, and homebuyers appear to be responding. Demand from current homeowners to refinance, however, fell sharply. That left total mortgage application volume essentially flat last week, up just
A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBC Higher mortgage rates appear to be doing very little to cool home prices. Nationally, prices were 3.9% higher in September compared with the same month a year earlier, up from a 2.5% annual gain in August, according to the
As housing prices continue their relentless ascent and interest rates hit record highs, a new trend has emerged among younger generations eager to embrace unconventional solutions to secure their slice of the American Dream. Dubbed “house hacking,” this practice involves renting out parts of owned properties to generate additional income, such as a sublet to
This looks like a good fit for FiDi: Health-club chain Fitness International signed one of the year’s biggest retail leases at AmTrust RE’s 58 Maiden Lane — a three-level, 36,650 square-foot home for a new “Club Studio” concept. The club will provide “next-level” amenities and boutique fitness classes together in a single, state-of-the-art facility — including
In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT A couple assembling furniture. Drazen_ | E+ | Getty Images Gen Z and millennials are “hacking” the housing market as high prices and interest rates make affordability difficult. The term “house hacking” refers to the practice of renting out a portion of your home or
Visoot Uthairam | Moment | Getty Images There is more pain to come in the office real estate market across the U.S., with maturing debt needing to be refinanced and a wave of expiring leases, but there is also what may seem at first brush to be a counter-intuitive message being sent to top tier
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