Senate Tax Bill Saves The Mortgage Interest Deduction But The Real Estate Industry Still Hates It

Author:  //  Category: Real Estate Flipping

Real estate professionals revolted when the House GOP tax bill released last week called for chopping from $1.1 million to $500,000 the amount of mortgage debt taxpayers can deduct interest on. Granger MacDonald, chairman of the National Association of …

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Leeshan Birney Built Real-Estate Firm in New Jersey and Texas

Author:  //  Category: Real Estate Flipping

Many immigrants implant themselves into the U.S. by buying real estate. Leeshan Birney went further, developing a business that now owns 2,500 apartment units and over 1 million square feet of office and commercial space in northern New Jersey and the …

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A Global Real-Estate Giant Whispers ‘We’re Number One’

Author:  //  Category: Real Estate Flipping

Earlier this year, Brookfield Asset Management Inc. lost its No. 1 spot in an industry ranking of the world’s biggest real-estate investors. Behind the scenes, the Toronto company started pushing back. Brookfield, which manages $269 billion in assets …

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Real estate M&A has eclipsed the record level set on the eve of the financial crisis — and it’s to do with the retail apocalypse

Author:  //  Category: Real Estate Flipping

It’s been a record year for real estate mergers and acquisitions, with $387 billion in announced transactions worldwide. Part of the explanation rests with Real Estate Investment Trusts (REITs) that own and operate shopping malls, which have been battered …

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VivaReal-Zap Merger to Disrupt the Latin American Real Estate Market

Author:  //  Category: Real Estate Flipping

Launching in Brazil, this merger is tackling the real state market, amid challenges in the market, Brian Requarth, founder and chairman at VivaReal tells Cheddar why he’s optimistic about Brazil.

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The Beginner’s Guide To Commercial Real Estate Tech: What Exactly Is PropTech?

Author:  //  Category: Real Estate Flipping

It is difficult to pinpoint when the term PropTech, which stands for property technology, rose to prominence in U.S. commercial real estate. With the increased use of the term, the challenge is determining what it actually means. Is it synonymous with CRE …

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Is this really the end for Toronto real estate rally?

Author:  //  Category: Real Estate Flipping

A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web There has been no shortage of “the end is nigh” calls on Toronto real estate, but the fact that land costs are so high that developers can’t make a profit by …

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Aaron Hernandez house sells to real estate investor for $1M

Author:  //  Category: Real Estate Flipping

Aaron Hernandez’s home has been sold for $1 million, about $300,000 lower than the asking price. The Boston Herald reports that the 7,100-square-foot mansion in North Attleborough was sold to 23-year-old real estate investor Arif Khan. Hernandez, the …

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BRIEF-Cinda Real Estate’s consortium wins land auction for 4.3 bln yuan

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Further company coverage: ($1 = 6.6323 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles.

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Tax-reform bill could give edge to stocks over real estate

Author:  //  Category: Real Estate Flipping

The stock market and real estate represent two of the most popular growth investments available to Americans. House Republican tax strategists probably didn’t set out with the aim of favoring one investment category over the other, but stocks could …

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