Real Estate News
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Bitcoin Is A Better Store Of Value
This is not an introductory article explaining what bitcoin is and why other so-called “cryptocurrencies” cannot compete with its properties and network effects. There has been enough written about this already and bitcoin is the victor. What I will contend is that bitcoin can be considered the world’s best store of value by having superior characteristics to real estate — the largest store of value presently. I will look at this briefly through each important characteristic that contributes to an asset retaining its value over time. “I think the epiphany comes when you realize that bitcoin is the dominant digital property network, and digital property is better than physical property…
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RXR Launches Leasing at New Rochelle Tower
Clinton Park. Image courtesy of RXR RXR, in partnership with Greystar Real Estate Associates, has introduced leasing at One Clinton Park in the heart of New Rochelle, N.Y. The mixed-use tower features 28 tales and contains 352 flats. Also element of the enhancement is Gibson’s Speakeasy, a resident-only room furnished with a customized bar and booth seating that can be transformed into operate stations in off hours. “As the grasp developer for Downtown New Rochelle, One particular Clinton Park has usually been element of our broader development program for the downtown, which is why we are thrilled to see it open to renters,” Joseph Graziose, RXR senior vice president of…
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Dallas-Fort Worth’s retail real estate market has gained back its worst pandemic losses
Dallas specialists say the excellent retail reset is in excess of. At Wednesday morning’s annual Weitzman D-FW retail authentic estate meeting, the presenters stated Dallas-Fort Worth’s retail true estate current market scored a solid restoration past yr, reversing some of the worst of 2020, and is poised to keep on the rebound. H-E-B’s grocery expansion is lifting new retail design, which is predicted to get to 2 million square feet this year. Very last year, there ended up only 640,000 square ft of new retail building, marking the initially time that range fell under 1 million sq. feet since 1990, stated Matthew Rosenfeld, executive vice president at Weitzman, at the…
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Here’s what real estate agents say to expect about the market in 2022
This short article is reprinted by permission from The Escape House, a e-newsletter for second property owners and these who want to be. Subscribe right here. © 2021. All legal rights reserved. The marketplace (Alright, existence in general, who are we kidding) has been outrageous since the pandemic obtained underway in 2020. Will issues be any different this year? The Escape Home’s Danielle Hyams spoke with a number of true estate brokers to get their thoughts on what buyers can hope this yr. On the current market Even though it doesn’t surface it will be slowing down at any time quickly, some relief may possibly be in sight. “I think…
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China’s Shimao Group, another big Chinese real estate developer, might need to sell off property
This week, two main credit history ranking businesses downgraded Shanghai-based developer Shimao Group even more into junk territory. The enterprise has been grappling with mounting personal debt and is contemplating providing some qualities to lessen its credit card debt load. “Shimao’s liquidity has significantly deteriorated — the decline is worse than we formerly expected,” claimed S&P World Rankings, which lower the firm’s credit score ranking to B-. Just two months back, S&P was continue to score Shimao as expenditure quality. “We now evaluate the company’s liquidity to be weak.” Moody’s on Monday slash Shimao’s ranking to B2 citing “elevated” liquidity threats, a substantial amount of financial debt owing in the…
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Metaverse World For Education and Future
The discussion of the Metaverse is being discussed due to Mark Zuckerberg’s claim to call it the world of the future. Metaverse is a combination of aspects of virtual reality (VR), augmented reality (AR), social media, and also cryptocurrencies to allow users to interact in digital reality. “The concept of Metaverse is actually not new, because in 2003 there was already a virtual world called Second Life which offered the concept of a virtual community that could create avatars according to our wishes. The Metaverse platform was created with the aim of being able to interact and connect people without having to meet in person,”. Second Life’s success was seen…
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