Exec says plans will turn Palm Beach's Palm House into 'spectacular' destination hotel
by Darrell Hofheinz on February 22, 2020 at 4:40 pm
Renovation plans are being readied to turn the Palm Beach’s Palm House into a “spectacular” destination hotel, according to the executive who leads global operations for London-based L+R Group Hotel Holdings Ltd.
Pelorus Equity Group’s Pelorus Fund Announces Record Year Of Growth/Returns
by Warren Bobrow, Contributor on February 21, 2020 at 11:43 pm
elorus Equity Group, a cannabis-focused investment bank that specializes in providing value-add lending secured by real estate assets, today announced record growth for Pelorus Fund, its cannabis-focused commercial real estate fund that lends on commercial buildings.
What Does The Future Hold For Malls? Look To Simon Property Group.
by Sanford Stein, Contributor on February 21, 2020 at 6:16 pm
Simon remains in arguably the best position to survive long term as a premium mall owner, but doing so will take constant investment and reinvention.
Can AI Better Match Luxury Real Estate Agents With Well-Heeled Buyers?
by Dima Williams, Contributor on February 21, 2020 at 5:10 pm
Nascent technologies and AI can assist high-end real estate agent reach more buyers and better communicate with them, but old-fashioned personal networking is still crucial in a sector driven by customization and individual attention.
Miami Beach Office Building Listed For $45 Million
by Francisco Alvarado, Contributor on February 21, 2020 at 3:42 pm
The Miami Beach submarket’s total vacancy rate in Q4 2019 was 9.7%, the lowest outside of Miami’s central business district, which includes downtown Miami and Brickell, per the JLL report.
🚨🎫TICKET ALERT🎫🚨 Zac Brown Band
on February 21, 2020 at 3:09 pm
Zac Brown Band will return to West Palm Beach on September 17 and Tampa on September 18, reuniting with singer-songwriter Caroline Jones, who has joined the band on the road for the past three years.
Experts: Surprise Inspections No Cure-All For Construction Violations
by Jeffrey Steele, Contributor on February 21, 2020 at 2:00 pm
Spot checks by teams of New York City inspectors should not be seen as a panacea for the problem of rising construction site injuries. According to construction industry tech solution providers, only changing what they suggest is a lax safety culture will materially alter the dangerous situation.
The May 1 Ban On Pocket Listings Will Marginally Benefit Buyers And Hurt Sellers
by John Grafft, CommunityVoice on February 21, 2020 at 1:45 pm
In any industry, insider information is valuable. Having a tip gives you an advantage. It has been the MO of successful real estate agents for decades, but business as usual is coming to a halt.
How Will Artificial Intelligence Change The Commercial Real Estate Industry?
by Parag Goswami, CommunityVoice on February 21, 2020 at 1:30 pm
The time for digital transformation of the real estate industry is here.
The Art, Science, Technology And Timing Needed To Disrupt The Real Estate Industry
by Bobby Bryant, CommunityVoice on February 21, 2020 at 1:15 pm
How has the largest asset class — the real estate industry — in the world gone this long without being disrupted like the retail, lodging and transportation industries?
Industrial Is Making Retail Properties Increasingly Obsolete
by Brian Watson, CommunityVoice on February 21, 2020 at 1:00 pm
You can find good deals anywhere at any time and in any economic situation — you just have to do your homework to ensure you're executing on the right investments for the right reasons.
Palm Beach homes: $16 million asked for landmarked estate with Cuban accent
by Darrell Hofheinz on February 21, 2020 at 12:58 pm
A rare Cuban Colonial-style estate from the 1920s has entered the Palm Beach real estate market, priced at $16 million.
Architect's resignation leaves extra seat vacant on powerful Palm Beach board
by Darrell Hofheinz on February 21, 2020 at 12:57 pm
Palm Beach homes: The resignation of Palm Beach Architectural Commissioner and architect Nikita Zukov brings to three the number of seats to be filled on the powerful board that approves new architecture and remodeling projects in town.
Is It Just A Myth That Real Estate Is A Better Investment Than Stocks?
by Kristin McKenna, Contributor on February 21, 2020 at 12:10 pm
Owning real estate can certainly pay off, but to say it’s unequivocally a better investment than putting money in the financial markets is short-sighted. Investors should be careful not to let the implied cachet of owning a rental property drive financial decisions.
The Airbnb Effect On Housing And Rent
by Gary Barker, Contributor on February 21, 2020 at 11:54 am
The influence of the so-called ‘Airbnb effect’ on local housing markets has grown into a significant cause for concern, particularly when looking at its impacts on housing stock, prices and communities.
Palm Beach homes: Project reinvigorates a 1920s landmark on Seaspray Avenue
on February 21, 2020 at 10:21 am
A recently renovated landmarked house designed by noted society architect John L. Volk as entered the market at $7.5 million at 212 Seaspray Avenue in Palm Beach.
Zillow Founder Rich Barton Is A Billionaire One Year After Taking Back The Company
by Samantha Sharf, Forbes Staff on February 20, 2020 at 11:26 pm
Almost a year to the day since founder Rich Barton returned as CEO, a surge in Zillow’s stock price has made him a billionaire.
New York City's Changing Real Estate Landscape: Why Co-ops Have To Adapt
by Frederick Peters, Contributor on February 20, 2020 at 9:06 pm
No change strikes more at the heart of old New York than the decline of the co-op, the traditional form of New York apartment ownership, in which purchasers become shareholders in the building corporation, with a proprietary lease granting them sole use and access to their apartment.
New Barcelona Signing Martin Braithwaite And His Uncle Just Broke Ground On Smart Home Project In Philadelphia
by Jason Pettigrove, Contributor on February 20, 2020 at 8:30 pm
It’s not often that football players can make a seamless transition into businessmen, let alone doing so during their playing careers.
Palm Beach homes: Perelman estate brings $28.57M on North End’s beachfront
by Darrell Hofheinz on February 20, 2020 at 7:05 pm
A beachfront estate at 965 N. Ocean Blvd. on the North End of Palm Beach has changed hands off-market for a recorded $28.57 million. It was owned for years by the late billionaire Raymond Perelman and his late wife, Ruth, who were the parents of billionaire businessman and dealmaker Ron Perelman.