Malibu Home to the Most Expensive Neighborhoods in L.A. Area
Key Takeaways: Malibu Colony Beach remains the most expensive neighborhood in L.A. Region Beverly Hills Gateway takes second spot with $9.6 million median sale price 5 neighborhoods in the L.A. area posted medians above the $5 million mark Carbon Beach is the location of #1 most expensive home ever sold in L.A. Region Featuring two…
11 + 4 Hidden Homebuying Costs to Keep in Mind
Hidden home-buying costs can surprise both first-time and season buyers, be they one-time expenses or part of the standard costs of ownership.
Gregory Kyroglou from Modern Spaces: The Market Right Now Requires the Right Price
With a passion for real estate nurtured from childhood, Gregory Kyroglou, managing director and licensed associate broker from Modern Spaces, is the latest to share his insights for our Expert Interviews series. Born and raised in Astoria, Greg has seen first-hand the wonderful transformation of the neighborhood he calls home. As a lifelong resident, Greg’s…
How Much Money Are You Left with Each Month After Paying All Expenses?
Key Takeaways: As an owner, you can save more than $4.5k/month in Manhattan and $3.5k in San Jose; Having the second-highest median income in the country, homeowners can save $2.6k in SF; With low living and housing costs, residents in Raleigh and Austin can save over $2k per month; Miami leaves a hole of more…
The Most Expensive Homes Ever Sold in California
Regularly ranking among the 10 largest GDPs globally, and boasting easy connectivity and endless lifestyle options, California is an attractive real estate market for global investors, especially on the upper end of the spectrum. The flow of foreign money into L.A.’s luxury real estate market became more pronounced after the 2008 housing crash, especially from…
NFK Closes on $29.9M Empire Towers V Sale in Ontario, CA
Real estate firm MGR Realty nabbed Empire Towers V, a 124,529-square-foot Class A Ontario office space for a total of roughly $30 million. The real estate advisor NKF Capital Markets represented the seller, TA associates, a private equity firm, which had completed the building project at 3990 Concours Street in 2007. The 5-story steel-frame construction…
Disney Acquires Building Rights at 4 Hudson Square Site for $650M
The Walt Disney Co. acquired development rights for 4 Hudson Square in a deal valued at $650million. Spanning a full city block, the area is currently occupied by 304 Hudson Street, 137 Varick Street and 30 Vandam Street. Â The three buildings are currently housing retail and office tenants. The Lower Manhattan campus is owned by…
Victoria Rong Kennedy from Citi Habitats: Manhattan Always Offers Opportunity for Savvy Investors
Victoria Rong Kennedy, licensed real estate broker and trained architect is the latest person to share her insights with us in our Expert Interview series. Born in an architect and real estate developer family in Beijing, China, Victoria grew up with a strong sense of aesthetics, learning to value characteristics such as building location, quality…
TriBeCa, SoHo Still Most Expensive Neighborhoods in New York City, but DUMBO Gains Ground With 37% Price Increase
Key Takeaways: TriBeCa entrenched as #1 most expensive neighborhood in NYC, despite 26% Y-o-Y price drop With a $2.95 million median sale price, SoHo remains firmly in second place Brooklyn’s Homecrest sees sharpest median sale price increase at 80% At #3, DUMBO is Brooklyn’s priciest neighborhood The Upper East Side is NYC’s most active neighborhood…
The Most Expensive Homes for Sale in South Carolina
Although struggling with low inventory levels, South Carolina came off a banner 2017, setting an all-time record for home sales, according to the South Carolina Association of Realtors. Currently established as a seller’s market, South Carolina is continuing the previous year’s performances, with year-over-year median home sales prices up 7.1% in the Charleston MSA, 6.52…
RJ Lennon from Citi Habitats: People Who Live in the Bronx Should Buy the Bronx
Robin J. Lennon, more commonly known as RJ, is a licensed real estate salesperson at Citi Habitats and we had the pleasure of getting a glimpse of his vast knowledge for our Expert Interview series. RJ is adamant about the Bronx’s potential to grow in the upcoming years, encouraging people who live there – and…
The Most Expensive Homes for Sale in Alabama
Reflecting national trends, Alabama’s real estate market is seeing diminishing supply and growing prices. Decatur currently ranks as the most affordable and Daphne-Fairhope-Foley the least affordable metro area, according to the Alabama Center for Real Estate. When it comes to non-metro areas, Tallapoosa County ranks as the priciest area thanks to Lake Martin’s pricey waterfront homes, which…
Stephen Preuss from Cushman & Wakefield: There Is a Disconnect between Buyers and Sellers
Stephen R. Preuss is a Senior Managing Director in the Capital Markets Group of Cushman & Wakefield, where he focuses on investment sales for the New York Metropolitan Area primarily in Queens. We’ve had the honor to get his insights for our latest Expert Interview. During his 19-year career, Stephen has transacted over $2 billion…
Kaan Sanalan from Citi Habitats: Always Ask for Advice from Your Managers and Other Successful People
For our newest Expert Interview, we had the pleasure of talking to Kaan Sanalan of Citi Habitats, who was happy to share with us his unique journey to becoming a successful real estate agent. Kaan Sanalan’s interest in urbanism led him to study Architecture and Real Estate at Syracuse University, moving from Istanbul in 2010….
EQ Office Partners with Industrious for New LA Employee-Oriented Workspace
EQ Office, formerly known as Equity Office, has undergone a major rebranding effort and is now partnering with Industrious to create an employee-oriented workspace at the Howard Hughes Center in Los Angeles. The collaboration is the first of its kind, a unique partnership between a real estate owner and a flex operator. The six-building, 1.4…
Discovery Chooses Manhattan for New Global Headquarters
Discovery has recently signed a lease at 230 Park Avenue South, a 362,000-square-foot Manhattan office building, which is going to become the company’s new global headquarters. The move will begin in the fall of 2019, and continue through mid-2020, as the leading real-life entertainment provider plans to relocate its current headquarters from Silver Spring, Md.,…
HNA’s 850 Third Avenue Gets $342M Refi from Natixis, Paramount & Harbor
Natixis, real estate investment trust Paramount Group, and Harbor Group International recently provided $342 million in refinancing for the property at 850 Third Avenue. The Midtown Manhattan office building is owned by HNA Group, in partnership with MHP Real Estate Services and ATCO Properties & Management. According to the Commercial Observer, Natixis provided a $242…
HFF Secures $150M Loan for State-of-the-Art Silicon Valley Office Project
HFF announced that it has secured $150 million in financing for 1625 Plymouth, a built-to-suit Mountain View office development. The firm acted on behalf of Broadreach Capital Partners to arrange a fixed-rate permanent loan with the New York State Teachers Retirement System. The loan closing coincided with the completion of the building’s warm shell and…
Ari Harkov from Halstead Property: VR will Potentially Change the Way Clients Experience Home Visits
Ari Harkov, licensed real estate associate broker at Halstead Property and expert contributor for the New York Daily News is our latest expert of the series to kindly share some of his expertise with us. From semi-professional opera singer to renowned real estate agent, Ari values honesty and is always thoughtful in his approach with…
The Most Expensive Homes for Sale in Louisiana
One of the most beautiful places in the U.S., Louisiana’s real estate market is dominated by Metro New Orleans. The Big Easy showed a rare real estate trend, ranking as one of only three metros where time spent on the market is now higher than it was in 2010, according to MarketWatch. Average prices, the…
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