Some communities serve as the ideal places to spend evenings stargazing with family and friends. getty This holiday season, there’s something to look forward to seeing in the sky aside from a red-nosed reindeer pulling a sleigh. On December 21, Jupiter and Saturn will form a rare alignment creating what looks like a double planet.
Real Estate
Truckee’s Donner Lake under the snow in winter. getty Embedded in the heart of Truckee, Calif., is a laid-back, ski resort town. But with a recent surge of new residents seeking a more placid lifestyle, the mountain community has grown a quiet sophistication, with newly-opened restaurants, a budding art scene and boutique shopping — all
Sweeping views from highrise spots are top of mind in this week’s look at luxury real estate around the world. From the mountain scenery of Valais, Switzerland, to waterway views of Hong Kong’s southern district of Tai Tam, here’s a look at what about $3.75 million buys in three luxury housing markets around the world.
A property owner had to pay millions of dollars because he whitewashed a bunch of graffiti all over … [+] his building. The court decided the grattiti people were recognized artists. He even had to pay their attorneys fees of $2 million. This is scary, but owners can easily prevent the problem even if they
One construction worker using a staircase in the scaffolding of TSX Broadway on October 29, 2020 (AP … [+] Photo/Mary Altaffer) ASSOCIATED PRESS Although many tourists are not coming to New York during the COVID-19 pandemic, foreigners still have their sights set on Broadway. According to a recent court filing, the real estate developers planning
A new passive house development in Brooklyn. Travis Mark As New Yorkers continue to grapple with the COVID-19 pandemic, now in its second wave, and with the threat of climate change looming, “passive house” developers in the country’s densest city see their building philosophy as a response to these ongoing challenges — and hope this
If you ask any real estate professional, they’ll tell you that an expert home inspection is one of the essential parts of acquiring a new home. Home inspections give you a feel for the property, its size and might start giving birth to ideas about how you could adjust the living space to your taste.
Trinity Church, the epitome of Richardsonian Romanesque architecture, anchors one end of Boston’s … [+] Copley Square. getty 25 Cottage Street in Brookline, Massachusetts, was home to one of the most influential and legendary architects in American history, Henry Hobson Richardson (1838-1886.) Along with Louis Sullivan and Frank Lloyd Wright, Richardson is one of “the recognized trinity of
Ari Rastegar is CEO of Rastegar Property Company, a vertically integrated real estate company with a focus on value-oriented real estate. getty Unemployment levels nationally were at 14.7% in April 2020, reaching as high as 30.1% in Nevada during that month. The recent unemployment rates now are at the highest levels since the Great Depression. However,
DIVIDENDS CONCEPT getty WACC is an acronym that stands for “weighted average cost of capital” and this is one of the most important metrics we use in the REIT sector. The WACC is similar to the required rate of return that an investor expects from his investment in a certain project. The WACC is a