Tag: property management
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🏢 Former Racetrack Transforms into Thriving Community near Detroit
In a bold move, Michigan’s last horse racing track, Northville Downs, has given way to a visionary master-plan. The $248 million development, known as “The Downs,” is taking shape just 27 miles from downtown Detroit. Here’s what you need to know: Got questions? Ask away! 👇
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Built-for-Rent Housing Starts Continue to Increase
The housing market is at a standstill, with homeowners reluctant to move due to low-interest rate mortgages. New construction offers a solution to this crisis, but inventory shortages and soaring home prices make homeownership unattainable for many. Enter the rising trend of “built-for-rent” homes—a concept that’s gaining traction. What Is Built-for-Rent? Built-for-rent refers to constructing…
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San Antonio’s Real Estate Market Faces Challenges Amid Population Growth
San Antonio, Texas – The U.S. Census Bureau recently declared San Antonio as the fastest-growing city in the nation, with a staggering 22,000 people moving to the Alamo City in 2023. While this growth is exciting, it raises critical questions about the city’s real estate market. Can it handle the heat? Affordable Housing Concerns One…
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Disneyland Forward Expansion: A Glimpse into the Future of Anaheim’s Iconic Resort
Anaheim, CA — Disney enthusiasts, hold onto your Mickey ears! The $1.9 billion Disneyland Forward project is set to transform the beloved Disneyland Resort into an even more magical destination. While Disney officials have been tight-lipped about specifics, tantalizing hints and artist renderings provide a sneak peek into what awaits visitors. New Lands and Exciting…
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Last week, a foreclosure notice was filed for one of the most high-profile hotels in Washington, D.C.: The Waldorf Astoria, formerly known as the Trump International Hotel.
Distressed But ‘Stressed’: Investors See Hotel Buying Opportunities Coming Last week, a foreclosure notice was filed for one of the most high-profile hotels in Washington, D.C.: The Waldorf Astoria, formerly known as the Trump International Hotel. The property’s leaseholder, CGI Merchant Group, defaulted on its $285 million loan in February, and a foreclosure auction is…
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From Ghost Mall to Vibrant Community: The Rise in Cupertino, California
Silicon Valley’s once-abandoned Vallco shopping mall is undergoing a remarkable transformation. The Rise, a visionary mixed-use development, is breathing new life into this 50-acre site, replacing the former mall with a vibrant community that addresses Cupertino’s pressing housing needs. The Rise: A Bold Vision A Historic Moment for Housing In the heart of Silicon Valley,…
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Revitalizing America: The Rise of Adaptive-Reuse Apartments
In a remarkable resurgence, the United States has seen a significant boost in its housing stock, with nearly 13,000 apartments emerging from the transformation of obsolete buildings. The trend of adaptive-reuse in multifamily developments has surged, with a 17.6% increase in converted apartments compared to the previous year, introducing 12,713 new living spaces into the…
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April’s Real Estate Riddle: More Homes, Higher Prices, and the Investor’s Edge
In a surprising twist, April’s real estate market saw home sales dip despite a significant boost in inventory. For developers and investors, this signals a complex landscape where strategy is key. The median sale price for homes hit a new April record at $407,600, marking a 5.7% increase from the previous year. Inventory levels rose by 9% monthly and 16%annually, yet…
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Surge in Built-to-Rent Homes as Housing Affordability Wanes
In the face of a deepening affordable housing crisis, the construction of built-to-rent (BTR) homes has surged, with a record-breaking 93,000 single-family rental homes completed in 2023, marking a 39% increase from the previous year. This trend emerges as housing affordability hits its lowest point since the 1980s, compelling a significant portion of Americans to…
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U.S. Census Bureau Spotlights America’s Fastest-Growing Cities
The U.S. Census Bureau’s latest data reveals a list of the fastest-growing cities in the nation, with some unexpected names leading the charge. Celina, Texas, tops the list with an astonishing 26.6% growth rate, significantly outpacing the national average. Texas Takes the Lead Texas cities dominate the rankings, with eight of the top fifteen, including…
Daniel Kaufman Real Estate 