Help, advice and practical how-to-guides for real estate investors
Industry data indicates that cities considering short-term rental (STR) restrictions should look closely at New York City’s experience, where the main beneficiaries of the ban have been hotels and hotel unions rather than residents seeking affordable housing. New York City’s near-total ban on STRs was launched with a clear goal: address the affordable housing shortage ...
tZERO CEO Alan Konevsky says real estate tokenization is operational, with projects trading and assets moving, but the market remains limited to niche alternative trading systems and specialized use cases. The technology has proven viable, but widespread adoption remains elusive. According to Konevsky, the industry now faces a different challenge: moving from boutique infrastructure to ...
Santa Monica, long considered one of Los Angeles’ most desirable rental markets, is experiencing a surge in luxury multifamily construction that is testing the limits of local demand. The influx of new, high-end apartment buildings has prompted questions about whether the area can support both the volume of new units and the steep rents being ...
Commercial real estate has faced a sharp slowdown as higher interest rates disrupt decades-old valuation models. Cap rates have risen, deal volume has dropped, and investors have pulled back. Yet Carlo Batts, Principal & CEO of Reduxx Group, who appraises hundreds of properties across the Philadelphia region, says the real story is not about weak ...
Connecticut’s commercial real estate financing market has split into clear tiers, driven by a fundamental question that now determines whether a property can access capital: Is there a rent level that still makes the economics work, even under stress? For multifamily properties, the answer remains yes. For office buildings, it is increasingly no. Jeff Kravet, ...
The difference between owning a four-unit building and a five-unit building is not just one additional apartment. According to Niko Apostal, managing broker at Essex Three-Twelve, it represents a sharp financing divide that changes deal economics, buyer profiles, and wealth-building strategies in ways that are often overlooked. Federal financing rules treat one- to four-unit properties ...
Developers nationwide are finding it increasingly difficult to make multifamily projects financially feasible as construction costs remain high and access to capital tightens. Lisette Calderon, CEO of Neology Group in Miami, argues that the only reliable solution is a level of vertical integration that most firms have not attempted. Calderon says Neology Group now performs ...
Chicago’s small multifamily investors are facing mounting financial pressure from two sources that are increasingly difficult to plan for: rapidly rising property taxes and insurance costs. These fixed expenses, which are outpacing rent growth, are creating new risks for owners and threatening the profitability of buildings that, until recently, were considered solid investments. “The biggest ...
South Florida’s rental property market is increasingly being driven by global investors, not just U.S. buyers, according to a leading Miami property management firm. This surge in international capital is changing who is fueling Miami’s rental market growth and what property managers must do to compete. For years, the prevailing view was that South Florida ...
The Florida coastal real estate market is undergoing a sharp correction, but according to one veteran broker, the roots of the problem go beyond typical market cycles. Randall Rintala, Associate Broker at Berkshire Hathaway HomeServices Beach Properties of Florida, says many agents misled buyers during the COVID boom by presenting inflated rental income projections based ...
While analysts warn about potential oversupply in Miami’s luxury housing market, new construction is commanding record premiums and strong demand. According to Joelle Oiknine, Senior Global Real Estate Advisor at One Sotheby’s International Realty, buyers are paying far more for pre-construction and newly delivered properties than for older inventory, upending traditional assumptions about how supply ...
The idea that banks can indefinitely extend troubled commercial real estate loans is likely overstated, according to Bill Bymel, founder and CEO of First Lien Capital LP. While regulatory forbearance and creative loan restructuring have allowed banks to avoid recognizing losses, Bymel contends that structural and political forces will eventually require banks to confront the ...
A mounting systemic risk in the credit markets is being overlooked, according to Bill Bymel, founder and CEO of First Lien Capital LP. He points to two intersecting problems: a surge in collateralized loan obligations (CLOs) and approximately $1.5 trillion in loans from banks to non-bank financial institutions that he describes as opaque and potentially ...
The commercial real estate default crisis is deeper than official bank reporting suggests, according to Bill Bymel, founder and CEO of First Lien Capital LP. While major banks currently report default rates between 3% and 5% on their commercial real estate loan portfolios, Bymel contends the true level of distress is much higher once loans ...
Rhode Island’s house-flipping market remains active, but investors are struggling with rising acquisition costs that are reducing the profitability of renovation projects. Walt Buteau, a real estate advisor at Engel & Völkers Oceanside who specializes in investment properties and flips, says the challenge is not a lack of interest but a sharp increase in prices ...
