Minotti Miami | Safra Family | Miami Design District
The Safra family sold the Minotti building in the Miami Design District to Nader Hakakian, owner of the Domus Design Centers in New York. Property records show 3817 NE 2nd Owner LLC, an affiliate of New York-based J. Safra Real Estate, sold the 9,770-square-foot building at 3817 Northeast Second Avenue to JJ 3801 Realty LLC, which is controlled by Hakakian, for $15.5 million. The price equates to $1,586 per square foot. Minotti, an Italian design ... [more]
Hnw Investors Become More Competitive In Cre Bids | National Real Estate Investor
Non-billionaire HNW investors are increasingly competing on large-scale commercial assets. : Not so long ago, the vision of high-net-worth (HNW) investors in commercial properties entailed doctors and lawyers passing the hat at the country club in an effort to buy an eight-unit apartment complex in town or the retail strip across the street from church. In recent years, however, this image has been washed away in a veritable flood of HNW capital propelled by increased sophistication and growing incentives. Billionaires have long been a fixture in this landscape.
10 Must Read Items For Cre Investors On February 21, 2019 | National Real Estate Investor
U.S. and China are on the edge of a new trade deal, reports Reuters. The New York Times looks at the rise of WeWork. These are among today's must reads from around the commercial real estate industry.
Outlook 2019: European Real Estate Investing
Duncan Owen, Head of Schroder Real Estate Investment Management Limited, Fund Manager of Schroder Real Estate Investment Trust and Schroder European Real Estate Investment Trust sees demand for European commercial real estate underpinned by an increase in technology and professional service jobs. European commercial real estate markets have performed strongly. Prices in Europe's major cities have risen on average by 40-50% since 2013 (source RCA) and except in southern Europe, they are now 10-20% above their previous peak before the global financial crisis (GFC).
Real Estate Investors Are Missing Out On A Major Source Of Passive Income
An underutilized wealth building strategy that's right under your nose. : Click the Follow button on any author page to keep up with the latest content from your favorite authors. With the cost of housing rising and people buying fewer homes, it's important to plan ahead. Real estate investors need to anticipate the next potential market change and start thinking of new potential passive income streams. To date, I've asked more than 831 real estate investors, through social media posts and live interviews, certain questions to learn more about their business. What I learned astounded me.
Rcom Looks To Real Estate Assets, Jio Deal To Pay Ericsson Dues
Business tycoon Anil Ambani is planning to use a payment from his brother's company and the sale of real estate assets to pay what he owes to Sweden's Ericsson following a court ruling this week, a source familiar with the matter said.
It Won't Be A Lovefest For Democrats And Silicon Valley In 2020
The Obama years were boom times for the party's cozy relationship with Big Tech, but the party is moving on.
Why The Fourth Industrial Revolution May Create Beach Hotspots For Investors - Professional Investor
With data becoming increasingly critical to our digital economy, Global Cities' Ben Forster explains why beachfront real estate is now hot property.
Mount Vernon Partners Unveils $100M Real Estate Fund
Charlotte, North Carolina-based Mount Vernon Partners, a real estate investment firm, has launched a $100 million real estate fund. MVP I will acquire and manage a portfolio of properties in and around the [...]
10 Must Read Items For Cre Investors On February 20, 2019 | National Real Estate Investor
Investment banks and money managers are raising tens of billions of dollars for opportunity zone funds, reports The New York Times. Forbes looks at 14 things necessary for success in real estate development. These are among today's must reads from around the commercial real estate industry.