By Grace Dixon · June 27, 2024, 7:08 PM EDT Goldman Sachs Alternatives raised $3.4 billion in capital commitments for its latest real estate secondaries fund, making it the largest such fund to date, per the company…. To view the full article, register now.
Read MoreWhile the NYC native might’ve preferred a more horizontal sprawl, the home’s five stories and basement level are all conveniently connected via elevator. Its original winding staircase sports an intricate metal railing. Listing photos show that the residence is styled in homage to the era in which it was built—particularly in its formal living and dining areas, which are decked out with large-scale period-appropriate art, antique furniture, original wood-burning fireplaces, and opulent light fixtures. The lighting and intricate crown molding are among the home’s classic details. Photo: Evan Joseph for…
Read MoreBankruptcy Sale Offers Unique KFXE Hangar Opportunity The offering is a rare opportunity in a tight Florida aviation real estate market Featuring a high-end office building plus a large hangar with a luxury apartment overlooking the ramp, the 11-acre FXE Gateway Complex represents an intriguing real estate offering in the heated South Florida hangar market. © Avison Young
Read MoreNew data from the U.S. Census Bureau shows that housing starts have sunk to their lowest point since the early days of the pandemic in 2020, recording a 19% drop compared to last year. With the Federal Reserve maintaining high interest rates to tackle stubborn inflation, the downturn in the housing market is intensifying, impacting both builders and prospective homeowners. Contrary to economists’ expectations of a rise to an annual rate of 1.37 million, housing starts fell 5.5% from April to a seasonally adjusted rate of 1.277 million, indicating mounting…
Read MoreIncentives to Interest Rates: Understanding Today’s NYC Real Estate Market – La Voce di New York Per fornire le migliori esperienze, utilizziamo tecnologie come i cookie per memorizzare e/o accedere alle informazioni del dispositivo. Il consenso a queste tecnologie ci permetterà di elaborare dati come il comportamento di navigazione o ID unici su questo sito. Non acconsentire o ritirare il consenso può influire negativamente su alcune caratteristiche e funzioni. L’archiviazione tecnica o l’accesso sono strettamente necessari al fine legittimo di consentire l’uso di un servizio specifico esplicitamente richiesto dall’abbonato o…
Read MoreIncentives to Interest Rates: Understanding Today’s NYC Real Estate Market – La Voce di New York Per fornire le migliori esperienze, utilizziamo tecnologie come i cookie per memorizzare e/o accedere alle informazioni del dispositivo. Il consenso a queste tecnologie ci permetterà di elaborare dati come il comportamento di navigazione o ID unici su questo sito. Non acconsentire o ritirare il consenso può influire negativamente su alcune caratteristiche e funzioni. L’archiviazione tecnica o l’accesso sono strettamente necessari al fine legittimo di consentire l’uso di un servizio specifico esplicitamente richiesto dall’abbonato o…
Read MoreNFL stars Jason and Travis Kelce have left a significant mark on the football field, boasting a combined four Super Bowl rings, but they’ve also made waves in the real estate market. While Jason, the elder brother and former Philadelphia Eagles player, has settled in Pennsylvania, Travis resides in a secluded mansion in Leawood, Kansas, amid his career with the Kansas City Chiefs and high-profile relationship with pop star Taylor Swift. However, the Kelce brothers own additional real estate. Don’t Miss: Haverford, Pennsylvania In Haverford, Pennsylvania, Jason owns a bungalow…
Read MoreNFL Stars Jason And Travis Kelce Real Estate Portfolios Revealed NFL stars Jason and Travis Kelce have left a significant mark on the football field, boasting a combined four Super Bowl rings, but they’ve also made waves in the real estate market. While Jason, the elder brother and former Philadelphia Eagles player, has settled in Pennsylvania, Travis resides in a secluded mansion in Leawood, Kansas, amid his career with the Kansas City Chiefs and high-profile relationship with pop star Taylor Swift. However, the Kelce brothers own additional real estate. Don’t…
Read MoreForget bidding wars! The housing market cools down in 2024. Homes selling below asking price for the 1st time since 2020. Is it a buyer’s market now? Well, the typical U.S. home sold during the four weeks ending June 23 for 0.3% less than its asking price. According to Redfin, this marks a significant change as it is the first time homes have sold under the list price at this time of year since the onset of the pandemic in 2020. Last year, the typical home sold for exactly its asking…
Read MorePublished on June 27, 2024 Simon Berlyn Continuing with last year’s themes of topsy-turviness and trending slowdowns, real estate markets around the globe remain in flux. And, while hardly dormant, the multibillion-dollar ultraluxury market has not been immune to the pressures of inflation and high interest rates, not to mention political tension and financial unrest in many parts of the world. As Bloomberg recently put it, “It’s not a great time to sell a mega-mansion.” Still, while fewer in number than in recent years, eye-popping sales of extraordinary trophy residences…
Read MoreWelcome to Beach Week, our annual celebration of the best place on Earth. Location: 10 Helens Lane, Southampton, New York Price: $1,795,000 From the Agent: “Experience the epitome of bespoke waterfront living, where every detail bears the imprint of the owner/designer’s vision and passion. As you enter the property, a regal Japanese maple in the courtyard extends its welcome, leading you into the foyer where you’ll discover a mirrored haven. Repeated elements provide a sense of cohesion throughout the design, like the 19th-century wood panels imported from the UK that…
Read MoreGoldman Sachs Unleashes $3.4 Billion Fund To Exploit Real Estate Market Fluctuations Goldman Sachs has raised $3.4 billion for its Vintage Real Estate Partners III fund, which specifically invests in shares of real estate funds. This capital will be used to purchase stakes in these funds, often involving owning parts of large property portfolios or development projects. The $3.4 billion pool is one of the biggest amounts of money aimed at buying shares in private real estate funds. It’s 23% more than the $2.75 billion Goldman Sachs raised for a…
Read MoreGoldman Sachs Unleashes $3.4 Billion Fund To Exploit Real Estate Market Fluctuations Goldman Sachs has raised $3.4 billion for its Vintage Real Estate Partners III fund, which specifically invests in shares of real estate funds. This capital will be used to purchase stakes in these funds, often involving owning parts of large property portfolios or development projects. The $3.4 billion pool is one of the biggest amounts of money aimed at buying shares in private real estate funds. It’s 23% more than the $2.75 billion Goldman Sachs raised for a…
Read MoreGoldman Sachs has raised $3.4 billion for its Vintage Real Estate Partners III fund, which specifically invests in shares of real estate funds. This capital will be used to purchase stakes in these funds, often involving owning parts of large property portfolios or development projects. The $3.4 billion pool is one of the biggest amounts of money aimed at buying shares in private real estate funds. It’s 23% more than the $2.75 billion Goldman Sachs raised for a similar fund in 2020. In May, Goldman Sachs raised $7 billion to…
Read More‘Selling Sunset’ star Maya Vander breaks down how a new Florida law is leaving condo owners on the hook for thousands in maintenance, repair costs on ‘The Bottom Line.’ Florida’s supposed condo catastrophe has no end in sight, according to former “Selling Sunset” agent and current Miami realtor Maya Vander. “Look, it’s a big issue,” she said on FOX Business’ “The Bottom Line,” Wednesday. “I understand [HOAs charge] the most they can do sometimes on a condo. And that’s literally life-saving. And it’s sad that a situation like that, especially…
Read MoreTim Sablik: My guests today are Borys Grochulski and Zhu Wang. Borys is a senior economist and Zhu is the vice president for research in financial and payment systems, both in the Research department of the Richmond Fed. Borys and Zhu, thanks for joining me. Borys Grochulski: Thanks for having us. Zhu Wang: Thanks for having us. Sablik: Today, we’re going to be discussing some recent work you’ve done looking at real estate agent compensation. You published an Economic Brief on this topic last October, followed by a working paper…
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