‘Homeless billionaire’ Nicolas Berggruen wins Hearst estate auction with $63.1-million bid
The co-founder of the Berggruen Institute think tank beat out five other bidders at a heated courthouse auction that lasted about 45 minutes. …
William Randolph Hearst’s Grand L.A. Mansion Sells At Auction For $63.1 Million
The winning bid was a little over $63.1 million, according to sources familiar with the deal. …
Inside a Grand Houston Manor
Seemingly plucked from an allée of iconic moss-draped trees of the American South, this graceful columned Greek Revival manor is, in fact, a magnificent modern home tucked amid the trees of Houston’s Piney Point Village—one of…
Deepak Chopra sells a scenic home in La Jolla
New Age author Deepak Chopra just sold his La Jolla home of 28 years for $5.5 million, or $3.3 million more than he paid in 1993….
Checking Tenants’ Credit In A Post-Pandemic Reality
As property managers, the question we should ask ourselves is: What do these changes in the effectiveness of credit checks mean for our industry? …
The Middle-Class Mindset Of The High-Income Earners And The Block To Invest In Real Estate
Why is it that many high-income earners are able to leap from their jobs into real estate investing to achieve financial bliss but many of their peers remain on the sidelines? …
How Smarter Housing Can Play A Critical Role In Stabilizing The Power Grid
As leaders in the housing industry, property owners can play a major role in implementing the smart technology solutions that the power grid so urgently needs. …
Real Estate Tax Reform: The Potential Impact Of A Capital Gains Tax Hike
As of today, the capital gains tax proposals exist only on paper, but if they become law, the plans could impact investors’ real estate strategies. …
How Important Is Price Latency Becoming In Real Estate?
The astounding value creation across real estate markets through much of the country has brought the industry as a whole closer to the financial exchange markets of the 21st century. …
Laundry Rooms Go Upscale With New Technology, Functionality And Wellness Design
In recent decades, they’ve emerged as flex rooms with multi-functional identities and increased investment. The cabinetry, surfaces and appliances have all taken on greater style and their location at home has moved into more prominence. …