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$45M mansion sale reflects hot Hawaii real estate market – Your News Now

HONOLULU (AP) — A San Francisco investment banker recently sold his Maui mansion to a retired hedge fund CEO and a Hollywood actress for $45 million. The cash sale of oceanfront house in Kihei reflects a hot Hawaii real estate market fueled by a pandemic that has made the islands a desirable place to isolate […]

$45M mansion sale reflects hot Hawaii real estate market – El Paso Inc.

HONOLULU (AP) — A San Francisco investment banker recently sold his Maui mansion to a retired hedge fund CEO and a Hollywood actress for $45 million. The cash sale of oceanfront house in Kihei reflects a hot Hawaii real estate market fueled by a pandemic that has made the islands a desirable place to isolate […]

Private real estate funds post solid returns, lag REITs – Pensions & Investments

The total return for private real estate funds was 3.9% in the second quarter as measured by the NCREIF Fund Index – Open End Diversified Core Equity. Typically, the income component adds 90 to 100 basis points quarterly, and it was 99 basis points last quarter. Appreciation, 2.94%, accounted for the balance of the period’s […]

Best and Worst Cities to Flip Houses – The New York Times

As home prices rise amid the booming real estate market, the opportunist in you may think that this is the time to buy, refurbish and sell a home for a neat profit. The average U.S. home flip in the first quarter of 2021 had $63,500 in gross profit, according to a recent study by WalletHub […]

Reserve Real Estate: Wine-Centric Homes Around The World Starting At $6 Million – Forbes

Rolling hills and a producing vineyard surround this $12.25-million estate called Figueroa Farms in … [+] California’s Santa Ynez Valley. Village Properties As the harvest season approaches, it’s worth looking at homes that wine lovers—from the person who likes to relax with a glass of chilled Chardonnay to the most skilled sommelier—could appreciate.  Winery with […]

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