Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat! Scaling a business challenges many founders. The process is difficult, confusing and tedious, and it requires a unique skill set. The benefits are obvious (more revenue, more opportunities, etc.) but the risks are sizable as well. Perhaps so many founders fail
Real Estate
Sale contract volume in Manhattan hit its highest monthly pace in more than a decade in March, but even as homebuyers continue to move swiftly, brokers say there are still deals to be had. As of last week, there were 878 contracts signed month-to-date, which represents the highest monthly pace seen in Manhattan since March
Nike’s NKE decision announced today to cut ties with six more key retailers should reverberate in the board rooms of many department stores, and multi-brand specialty retailers. Back in August, Nike announced it was closing accounts at Fred Meyer, Zappos, Dillard’s, City Blue, VIM, EbLens, Belk, Bob’s Stores and Boscov’s. While those players were not insignificant,
Don is CEO of DLP Real Estate Capital, a leader in single/multi-family RE brokerage, investment/asset/property mgt., construction, lending. It’s one thing to dream about striking it rich, but quite another to steadily create and grow your wealth through hard work and discipline over many years. So, why do so many — even the very successful —
Here’s why Millennial homebuyers are braving today’s real estate market. Realtor.com’s recent survey with Harris X looks at the reasons Millennial homebuyers are chasing the American dream. Many have been in the market a year encountering multiple offers and bidding wars as roadblocks to homeownership. According to the survey one-third of first-time homebuyers haven’t been able
Luxury Portfolio International (LPI) takes a deep dive into the state of luxury real estate. New research from LPI shows that the ratio of affluent consumers looking to buy residential real estate over $1 million versus sellers is estimated to be 3:2, thus setting the stage for an inventory crunch within the high-end property segment.
Erik Hayden is the Founder and Managing Partner of Urban Catalyst. A global pandemic, contentious politics and natural disasters — what haven’t we experienced this past year? It seems like the whole world is focused on what this new year has in store. But when it comes to commercial real estate development, our view shouldn’t be
For several years there has been some resistance to wall-to-wall carpeting in the home because it gets dirty and is often difficult to clean. Spot remover doesn’t always do the trick. Carpeting can also be limited in design and expensive to install. But an excellent alternative to wall-to-wall carpet are carpet tiles. These are sisal
Pacaso, a marketplace for second homes, has raised $75 million in Series B financing that gives the five-month old business a valuation north of $1 billion, the company announced on Wednesday. Pacaso, which was founded by CEO Austin Allison and Zillow cofounder Spencer Rascoff, has raised over $90 million to date. The company specializes in
These days there are real estate investors doing great work in developing communities. Real estate investors Cory Nemoto and Audrey Kikos are demonstrating the benefits real estate investors can bring to communities and individuals. Cory Nemoto, co-owner and founder of KÉCŌ Capital, a private real estate lending company based in Honolulu, Hawaii, that flips houses in