Real Estate

The largest home ever permitted in Los Angeles County—a massive Beverly Hills compound spearheaded by real estate developer Mohamed Hadid—hit the market Tuesday with an asking price of $250 million. If it sells for that price, Hadid’s compound would be the most expensive residential property ever sold in California, property records show. Hilton & Hyland

Prospective home buyers arrive to tour a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Borrowers backed away from the mortgage market last week, as higher interest rates chilled a recent revival in refinances. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less)

Founder and CEO, Visual Lease. The financial world has a never-ending list of new standards and practices to adhere to, many of which intersect with the world of corporate real estate. New lease accounting standard ASC 842 requires businesses to represent their real estate and equipment leases on their balance sheet. While this may sound like

A view of the City of London on a clear day. Vuk Valcic | SOPA Images | LightRocket via Getty Images LONDON — About 10% of London offices could soon become unusable when new rules on energy efficiency are implemented, according to analysis from a leading real estate company. Under the new standards, set to

There’s lavish, and then there’s Mandalay House. The Mediterranean-style trophy estate is in coastal Airlie Beach in the Whitsundays region of Queensland, Australia. Created by property developer and yacht seller Neil Murray and his wife Denise over a three-and-a-half year period, the spread boasts a private helipad, a rock-walled marina, two jet-ski bays and a

VP of Investor Relations at Boron Capital, a private investment firm serving diverse segments of the population. In the current rocky economy, more and more investors are looking for investments that can give them at least a modicum of peace of mind. Investors want some assurance that the industry they’re investing into won’t be swept away

Luxury living in gracious Charleston, South Carolina, is increasingly in demand, attracting new residents to the area.   Charleston, the belle of the Lowcountry, is an elegant coastal city — home to a vibrant arts and culture scene and perfectly restored architecture. Home styles include Colonial, Georgian, Regency, Federal and Classic Revival. The city’s numerous

Kyle Little, chief operating officer at New York-based wholesale distributor Sherwood Lumber, told CNBC on Thursday that the recent slide in lumber prices has rekindled demand after a massive runup earlier this year challenged the affordability of building projects. “Over the last three weeks we’ve seen renewed interest,” the industry veteran and former lumber trader

Dave Panozzo is the co-founding owner of The Panozzo Team-HomeSmart, a real estate team in Phoenix, Arizona. So you recently received your license, you’ve been in real estate for about six to 12 months and you have a few sales under your belt. Whether you are enjoying your current phase of development or feel stuck because

In this article CWK The CEO of commercial real estate brokerage firm Cushman & Wakefield told CNBC on Wednesday he’s seeing encouraging signs in the office market as it overcomes significant coronavirus-related disruption. “We lost about 2.9 million office jobs in April, May of last year. We’ve recovered 2.2 million of those jobs and we

Rod Khleif Real Estate Investor, Mentor, Coach, Host, Lifetime Cash Flow Through Real Estate Podcast. It is not an understatement to say that the coronavirus pandemic changed the normal rhythms of life for almost all of us in one way or another. This is especially true for the way that we work. Given that the primary

Homes in the North Park neighborhood of San Diego, California. Bing Guan | Bloomberg | Getty Images After falling steadily for a month, demand for mortgages to purchase a home rose slightly last week. Coupled with a continued increase in refinancing, total mortgage application volume rose 2.8% for the week, according to the Mortgage Bankers

Collagen, the essential and abundant protein that holds your body together along with elastin, can be damaged by environmental and dietary factors, according to the Cleveland Clinic. Adding wellness design features to your home can help you avoid or reduce some of these risks. In The Collagen Diet book, Dr. Josh Axe shares the nutritional

Kseniya Ragozina | Getty Images Small investors who might not have the funds – or the stomach to be landlords – have a new option to get in on the lucrative single-family rental market. Fundrise, which started in 2012 as a crowdfunding platform for commercial real estate, is broadening its scope to single-family rental homes.

City Developments—controlled by billionaire Kwek Leng Beng—said Friday the property developer will report further losses in the first half this year amid the lingering impact Covid-19 lockdowns and financial troubles at Chinese subsidiary Sincere Property Group. “Though signs of improvement are evident across the group’s business segments, the prolonged Covid-19 pandemic has led to the

Richard Stephen | iStock | Getty Images Leopold broke down his bed and his children’s bunk beds and packed up his belongings, preparing for himself, his wife and their six children to become homeless. “I was trembling,” said Leopold, who asked to use his first name only because of the stigma attached to eviction. “But

While there will hopefully be many lessons learned from this pandemic—how to make a sourdough starter, how to keep houseplants alive, how to practice gratitude—none is perhaps more important than how to take care of one’s mental and physical health. Maintaining mental and physical wellness can be done in a variety of ways—anything from meditation

More than 11 million Americans continue to report being behind on their rent. How much renters owe varies greatly from one state and county to the next, according to data provided to CNBC by Surgo Ventures, a nonprofit organization focusing on health and data. Across the country, the average renter in arrears owes $3,700. The

Born in 1880, Anderson Hunt Brown used his natural business genius to become one of the nation’s first Black property moguls—and he used his wealth to effect serious advances for civil rights. For Anderson Hunt (A.H.) Brown, frustration was a powerful factor that inspired much of his success.  The frustration and pain of losing three

In this article GOOGL Google is asking the city for feedback on its early plans to transform a Silicon Valley office site with “sustainability” features. City of San Jose filings Google is planning yet another Silicon Valley campus, which will sit adjacent to a new center partly devoted to hardware, according to preliminary plans obtained

A lot of fantastic ideas have come to people over cocktail napkins and dinner meetings. And the sale of the Blue Heron designed custom home in the Henderson hillside MacDonald Highland community for $25 million is no different. Vegas Modern 001 was completed in April, listed for $28 million in early June and sold on

Lucy Nicholson | Reuters The Centers for Disease Control and Prevention on Tuesday released a new federal eviction moratorium, just days after the previous ban expired on July 31. The new rules bought more time for some, but not all, of the millions of renters facing eviction. It’s also increased confusion for many in danger

To determine which places have experienced the biggest growth in employment, we used the Bureau of Labor Statistics’ Current Employment Statistics (CES) to analyze nonfarm payrolls from 389 of the largest metro areas in the U.S., in terms of their one-year growth (May 2020 to 2021 and June 2020 to 2021) in absolute numbers and

In this article MGP VICI MGM Resorts International President and CEO Bill Hornbuckle is interviewed during the launch of the 100-megawatt MGM Resorts Mega Solar Array, the hospitality industry’s largest directly sourced renewable electricity project in the world on June 28, 2021 in Dry Lake Valley, Nevada. Gabe Ginsberg | Getty Images Real estate investment

Elik Jaeger President & CEO at SuiteSpot Technology, frictionless facilities management PropTech for multifamily operators.  As an asset manager, it’s your responsibility to ensure that your assets remain competitive and relevant, manage risk, drive revenue growth, and consequently find ways to increase the value of your property. If those assets include multifamily properties, that’s a challenging

In this article CATL-SG Easy credit is becoming less available in China’s real estate market, but CapitaLand Group’s Andrew Lim says fiscally prudent firms could stand to benefit. “In the current climate where other companies may be more fiscally challenged without access to credit, we’re now in the position to sort of level the playing

Suspended in a place and time when old money was new is a luxury compound along the elite Upper St. Regis Lake in New York that is going up for auction. Known as Camp Limberlost, the storied and iconic property valued at $10 million will be sold by Platinum Luxury Auctions on August 14 without reserve, meaning the

Bill Oxford | iStock | Getty Images Although the national ban on evictions is now over, a number of states have issued their own protections for renters that will last for months more. These local policies can buy tenants time to get approved for federal rental assistance and help them to stay in their homes.

As lumber prices hit dramatic highs last Spring, homebuilders and developers held their breath, with many opting to delay construction on new projects until prices abated. The roller-coaster prices hit both large national entry-level builders and custom luxury home developers building on speculation. Lumber prices have since come back to earth—according to Fortune, lumber prices have

Buying a house can be expensive. The typical U.S. home will set you back $287,148, according to a recent report from Zillow. But the mortgage amount most likely won’t cover all of the upfront costs homebuyers will face. Check out this video for a full breakdown of how much you should have in savings before