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    Real estate sales was perfect training for the experience to go into public life because you learn to accept rejection, learn to meet new people, learn to work with people and find common ground. That's the way you sell houses... that's also the way you win over constituency.


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Posted by: | Posted on: February 17, 2021

Pa. Corporations Lagged in Income, however Led in Expense Reductions

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In a 12 months when the common U.S. regulation agency was pleasantly shocked by robust income development and noteworthy profitability, a latest survey of 2020 monetary outcomes exhibits sluggish income development within the Pennsylvania authorized trade, however robust income that have been largely pushed by the expense discount that got here with a shift to digital operations.

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Posted by: | Posted on: January 1, 2021

Dick Thornburgh, Legal And Public Service ‘Giant,’ Dies at 88

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Posted by: | Posted on: November 1, 2020


Posted by: | Posted on: October 31, 2020

Kennedy Wilson Makes $200M Multifamily Portfolio Investment

BEVERLY HILLS, CA—Kennedy Wilson revealed that it has acquired 880 units across three multifamily properties in an off-market transaction for $198 million. The communities expand Kennedy Wilson’s multifamily portfolio focused on institutional-quality, garden-style apartment properties in rapidly growing markets across the western United States.

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Posted by: | Posted on: October 31, 2020

Four Potential Pitfalls of Buying New Construction in Today’s Market

Despite the pandemic, interest still remains for new construction, especially in the warehouse/logistics sector.

As the construction industry recovers from the initial impact of the pandemic, project volume is trending upward. There is still a market for new construction, especially in the warehouse/logistics sector, as well as a demand for large-scale renovations as investors seek value-add or opportunistic adaptive reuse projects.

If you’ve set your sights on a newly constructed or recently renovated building, don’t be fooled by the fresh exterior, updated finishes, and new systems. You may assume that new construction means reduced risk, and might even skip the Property Condition Assessment (PCA)—after all, what could go wrong on a brand-new building?

Unfortunately, plenty of problems can arise with recent construction—especially now, when builders are challenged with material and labor shortages as well as COVID-related delays. From an investment standpoint, investors in new buildings don’t anticipate significant Capital Expenditures

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Posted by: | Posted on: October 30, 2020

Sale-Leasebacks Could be an Effective Tool for Schools

As the pandemic crunches schools’ budgets around the country, their real estate holdings may be a key to unlocking liquidity and reducing occupancy costs.

“The pandemic is fast-forwarding business models that were already pivoting to take into account declining enrollments, reductions in state funding, higher debt loads and more distance learning,” stated Andy Graiser, co-president of the Association of Governing Boards of Universities and Colleges on AGB’s webinar, Bolstering Liquidity by Optimizing Real Estate.

Schools such as Dowling College, the College of New Rochelle, Career Education Corp. and Kaplan University have lowered their occupancy costs by restructuring or terminating leases and boosted liquidity through structured sales and sale-leaseback transactions, according to Graiser

After a financial crisis dating to 2016 caused the College of New Rochelle’s debt service to swell, the school negotiated an interim campus leasing agreement with Mercy College and subsequent structured sale of the main campus. This followed

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