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LI investor adds three retail properties to portfolio
Peter Petrakis, a Seaford-primarily based industrial genuine estate investor, obtained three retail qualities in Indiana and North Carolina for a overall of $3.965 million. The purchaser obtained an 18,000-sq.-foot retail creating on 1.3 acres at 8905 E. 10th St. in Indianapolis, Ind. for $1.3 million. The residence is web-leased to Walgreens and the sale price tag equates to a 7 p.c cap amount. Petrakis also obtained a 5,472-sq.-foot restaurant developing on .91 acres at 4383 Countrywide Road in Richmond, Ind. for $1.54 million. The assets is net-leased to Chili’s and the sale value equates to a 4 {d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} cap amount. The third house acquired by Petrakis is a 2,979-square-foot cafe setting…
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7 Frequent Mistakes That Sabotage Your Clean Bathroom
No area in the dwelling functions more durable than the rest room. And while these areas exist to continue to keep you clean, they can quickly harbor odors, toothpaste smears, stray hairs, and other funky grime. Of class, you neaten up and scrub these areas regularly. But along the way, inevitable missteps can undermine even the greatest cleaning efforts. “More than any other place, the lavatory ought to glance and odor cleanse [and] sense roomy and arranged,” notes Pamela O’Brien, an inside decorator with Pamela Hope Designs. Go through on for techniques to reverse frequent errors and guarantee your bathtub appears to be (and smells) its really best. 1. Haphazard…
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This real estate developer is happy that new home construction is falling
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — Recent headlines point to a slumping US housing market — as mortgage rates average near 7{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, an increasing number of potential homebuyers are finding it difficult to finance homes. Mortgage applications fell in late February to a 28-year low, according to the Mortgage Bankers Association. But some of the country’s largest homebuilders are undeterred. David O’Reilly, CEO of the real estate developer Howard Hughes Corp., told CNN that he’s…
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Folly Beach short-term rental property owners discuss strategies to keep licenses
FOLLY Beach front, S.C. (WCSC) – Dozens of small-expression rental assets owners satisfied Monday night time on Folly Seashore to examine how to manage both their property’s price and shorter-expression rental license. This arrives soon after the months-long brief-expression rental discussion came to a shut very last thirty day period, officially capping the range of shorter-term rentals on Folly Beach front at 800. The proprietor of Folly Beach front property administration firm “Folly’s Ideal Rentals,” and host of Monday’s conference, Greg Hart, explained the small-phrase rental cap will generate down house value and make Quick-time period rental licenses a lot more valuable. “My information for those people who have a…
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Ty Pennington on being ‘the OG’ of home renovation shows 22 years after ‘Trading Spaces’
Ty Pennington, the OG of household renovation demonstrates, talks about internet hosting HGTV’s Rock the Block. (Photograph: HGTV) Ty Pennington by no means could have predicted his Tv set occupation longevity when he 1st stepped on the set of Trading Spaces, slinging his instrument belt, again in 2000. About two decades later, the carpenter-craftsman-designer is juggling several displays on HGTV, like Rock the Block, for which he serves as host with his signature large-strength design. The show’s fourth season premieres on Monday. “It’s funny — when I meet new folks on HGTV, they’re like, ‘Oh my God, you happen to be the OG,'” he tells Yahoo Entertainment. “And I’m like:…
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Michelle Ogundehin, Interior Design Masters Judge
As part of our interview series, My Happy Home, we sit down with Michelle Ogundehin to find out about her favourite room in her home — as well as the joy that her garden provides her with, particularly during the spring months. Many of you might know Michelle Ogundehin, former Editor-In-Chief of Elle Decoration UK, as the head judge on BBC’s Interior Design Masters – with the new series returning on 7th March. She’s the author of Happy Inside: How to Harness the Power of Home for Health and Happiness, and you may have also spotted her providing invaluable advice and expertise on everything from Kevin McCloud’s Grand Designs: House…