When Jamie McCauley was a junior at Cornerstone University, his parents bought and helped him renovate a foreclosed home near the Grand Rapids, Michigan campus. He lived there and managed the property during college, renting out rooms to seven other Cornerstone students to help pay his tuition. He met his […]
Estate
Mike DiNapoli, 33 DiNapoli. Mike DiNapoli DiNapoli thought he was going to be a certified public accountant, but the sedentary desk job didn’t agree with him. A property-management career was calling, even though that wasn’t something he’d considered initially. Through a family connection at the New York-based developer and property-management […]
Fans of Love It or List It on HGTV know David Visentin on screen as the ever-optimistic real estate agent who goes the extra mile to find the perfect new home for his clients (however annoying that may be to his co-host, designer Hilary Farr). His portrayal is convincing. Yet, […]
Measure ULA, a so-called Mansion Tax in Los Angeles, has been green-lit by nearly 58% percent of the city’s voters in a referendum this month, despite being panned by many in the real estate industry. Critics in the industry have argued that Los Angeles residents are already over taxed, and […]
Sam Bankman-Fried treated FTX like a “personal fiefdom,” as he and a handful of associates looted the now-defunct crypto exchange’s coffers to fund an epic spending spree that included a $300 million splurge on Bahamas real estate, lawyers for the company claimed. FTX’s bankruptcy team detailed the wild spending under […]
Among real estate stocks, Walker & Dunlop (WD 0.99%) has been a top performer for years. This year, however, has been a different story with the multifamily lender’s stock plummeting 45% since January. However, for long-term investors, the sell-off in Walker & Dunlop looks like an excellent buying opportunity. Interest […]
Compass’ Sam Anagnosto (Anagnostou Team, Getty, Ford Motor Company) Charges have been dropped in the case of the missing Batmobile, but the investigation is just getting started. A garage full of Batmobiles in Logansport, Indiana, was the site of a raid in July. It wasn’t henchmen dispatched by the Joker […]
A century ago, the coast of southwest Florida was a maze of swamps and shoals, prone to frequent flooding and almost impossible to navigate by boat. These days, the region is home to more than 2 million people, and over the past decade it has ranked as one of the […]
The redevelopment projects are popping up across the nation. In Durham, N.C., Hines plans to break ground on the former University Ford lot this year, looking to expand the American Tobacco Campus, a redeveloped factory complex with retail, restaurants and events spaces. The Price Simms Family Dealerships, which owns 14 […]
WASHINGTON — As housing sales slow amid higher interest rates, thousands of workers who found jobs in the booming housing market of the pandemic are now facing widespread layoffs with steeper cuts expected ahead. Some of the biggest players in the real estate industry, including RE/MAX, Redfin and Wells Fargo, […]
At the Benson, a 210-foot, limestone-clad tower on the Upper East Side completed last year by the developer Naftali Group, there were 15 units, ranging from $12.75 million for a 1,770-square-foot three-bedroom to $35 million for a more than 6,600-square-foot penthouse, according to the developer. The building is sold out, […]
By Seattle Times business reporter A New York-based real estate firm with a significant presence in Seattle is cutting jobs as the housing market cools. The brokerage Compass is laying off 84 Washington employees, plus another 187 remote workers spread across the country, according to the company and a notice […]