Quarz Capital Likes Real Estate, Tech Plays – Yahoo Finance
Motley Fool Why Microsoft Stock Rallied Today Shares of Microsoft (NASDAQ: MSFT) rose more than 3% on Thursday, as analysts defended the popular tech stock after its post-earnings decline, and investors grew increasingly excited about its artificial intelligence (AI) initiatives. Microsoft suffered a bit of a stock price swoon early on Wednesday despite delivering a […]
How Kyle Richards’ husband Mauricio Umansky built a $57B real-estate empire – New York Post
“I remember in 2008, during that recession, if I had the opportunity to be buying a bunch of real estate, I would have a lot of money right now,” Mauricio Umansky, wearing casual jeans, a gray blazer and a white dress shirt told The Post from his new office space in New York City, off […]
How Mauricio Umansky built a $57B real-estate empire – New York Post
“I remember in 2008, during that recession, if I had the opportunity to be buying a bunch of real estate, I would have a lot of money right now,” Mauricio Umansky, wearing casual jeans, a gray blazer and a white dress shirt told The Post from his new office space in New York City, off […]
New Home Sales Inch Higher in December but Market Weakness Remains
While new home sales posted a modest gain in December, elevated mortgage rates and higher construction costs continue to hinder housing affordability and put a damper on consumer demand. Sales of newly built, single-family homes in December increased 2.3% to a 616,000 seasonally adjusted annual rate from a downwardly revised reading in November, according to […]
Warren Buffett Doesn’t Buy Real Estate And You Probably Shouldn’t Either – Yahoo Finance
Warren Buffett’s long-term investment strategy has proven to be successful through virtually all market conditions over the past several decades – recession, high inflation and deflation. If there’s one thing that’s made Buffett one of the most successful investors in history, it’s his commitment to his strategy. A countless number of new investment techniques and […]
Blackstone COO: Higher capital costs could become tailwind for real estate sector – Seeking Alpha
Andrii Yalanskyi In the wake of a mixed Q4 earnings report, Jon Gray, Blackstone (NYSE:BX) president and COO, said Thursday that headwinds from higher interest rates led to a “challenging” quarter for segments of the real estate sector. However, Gray told CNBC that longer-term, the higher cost of capital would limit the amount of new […]
Real estate problems drag down Blackstone’s profits – The Real Deal
Comparing BREIT to a great restaurant, Blackstone’s Jonathan Gray said, “There are not quite as many people showing up right now but the food is still really good.” (Blackstone, Getty) The value of Blackstone’s real estate portfolio dropped in the fourth quarter, hurting profits as rising rates dragged down the investment giant’s asset values. […]
Amazon Names New VP Of Global Corporate Real Estate – Bisnow
Courtesy of Amazon Amazon’s former Vice President of Global Real Estate and Facilities John Schoettler speaking at a fundraising event for Seattle nonprofit Mary’s Place in 2018. Amazon has tapped a Harvard-educated designer with experience in drafting municipal land use policies as its new vice president of worldwide corporate real estate and facilities. Amazon named […]
Homes for Sale in New York and Connecticut – The New York Times
NASSAU | 33 Farmstead Lane, Brookville, N.Y. Seven-Bedroom Colonial-Style $4.25 million A seven-bedroom, six-and-a-half-bath house built in 2008, with a circular driveway, a two-story entry foyer, a family room and a living room with gas fireplaces, a formal dining room with a coffered ceiling, an office, a large eat-in kitchen, a finished basement, two separate […]
California’s hottest real estate: Home prices are still rising in these ZIP codes – San Francisco Chronicle
The California housing market continues to cool from the pandemic buying frenzy, with some areas seeing home prices decline for seven months in a row. Among the factors fueling the decline have been inflation, economic uncertainty and soaring interest rates, experts say. The average monthly mortgage rate was 6.15% for the week ending Jan. 19, […]
