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Here are the 5 hottest luxury real estate markets in South Florida
This oceanfront mansion in Highland Seaside, FL offered for $40 million breaking a neighborhood report for the town. Robert Stevens The provide of luxury properties and condos in South Florida is just not just tight. It can be even worse than that. “This just isn’t just a decline in stock,” explained Jonathan Miller, CEO of Miller Samuel, an appraisal and consulting business that tracks 14 real estate markets in the region for brokerage Douglas Elliman. “This is a collapse.” That is not hyperbole, in accordance to the figures. In the first quarter of this 12 months, South Florida inventory stood at a record reduced of 7,906 units, according to Miller’s…
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Bond Luxury Properties Partners With Side, Creating a Relationship-Focused, Tech-Forward Real Estate Firm That Provides Superior Services to Sellers
Dan Galapo, Founder of Bond Luxury Properties What matters most to us is developing bonds that past with our consumers, our workforce of distributors, and our colleagues 
 FORT LAUDERDALE, Fla. (PRWEB)
 April 27, 2022
 Bond Luxurious Attributes right now announced its partnership with Aspect, the only serious estate know-how firm that solely associates with substantial-doing brokers, teams, and impartial brokerages to completely transform them into market-top boutique makes and enterprises. The alliance will guarantee that Bond Luxurious Houses, a firm that provides professional assistance that serves its purchasers for generations, is powered by the industry’s most innovative platform. Bond Luxurious Homes was started by Dan Galapo, who has taken…
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Condominium Sales Dominate Canadian Luxury Real Estate
2022 First Quarter Highlights Rising inflation and favourable interest rates continue to strengthen demand for Canadian real estate as a hedge investment. Greater Toronto Area luxury residential sales over $4 million rose 30{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} year-over-year, as City of Toronto $4 million-plus transactions climbed 29{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}. Condominium sales gains dominated the $1 million-plus market, with annual gains of 120{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} and 72{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in the GTA and City of Toronto respectively. Vancouver luxury residential sales were capped by the city’s significant inventory deficit, as residential sales over $4 million contracted 14{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} year-over-year overall. Annual percentage gains in $1 million-plus condominium sales surpassed other top-tier housing types at 29{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} with 559 units sold, just shy of…
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Two Years After Trump And Mar-A-Lago, Palm Beach Real Estate Is Still On Fire
Contrary to various public misconceptions, Mar-a-Lago—the exclusive Atlantic oceanfront resort that frequently served as former President Donald Trump’s “Winter White House”—didn’t make Palm Beach, Florida’s lavish real estate and lifestyle famous for the first time around. Former President Donald Trump’s beachfront Mar-a-Lago resort, also sometimes called his “Winter … [+] White House” in Palm Beach, Florida. Photo by Joe Raedle/Getty Images Getty Images The Sunshine State’s “Playground For The Wealthy” long has been uber-posh, dating back to the late 1880s when oil tycoon Henry Flagler first built The Breakers and The Royal Poinciana Hotel which eventually became the centerpieces of his luxury, southern hospitality empire catering to northern old money…
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Affiliates of Blackstone Real Estate to Acquire PS Business Parks, Inc. for $7.6 Billion
GLENDALE, Calif. and NEW YORK, April 25, 2022–(Business enterprise WIRE)–PS Small business Parks, Inc. (NYSE:PSB) (“PSB” or the “Organization”) and Blackstone (NYSE:BX) now announced that they have entered into a definitive settlement less than which affiliates of Blackstone True Estate (“Blackstone”) will get all exceptional shares of typical stock of PSB for $187.50 for every share in an all-funds transaction valued at somewhere around $7.6 billion, such as transaction bills. The invest in rate represents a premium of around 15{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} to the volume weighted regular share selling price about the past 60 days. Beneath the conditions of the arrangement, which has been unanimously permitted by PSB’s Board of Administrators, Blackstone…
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Tech startups look to blockchains to change the future of real estate
Nate Gipson received a see back in February that a single of his rental residences in Memphis, Tennessee, necessary a new ceiling enthusiast. As a landlord, he imagined the request was sensible adequate. But right before the work could go ahead, he experienced to hash it out with a team of other persons who, like him, had bought a stake in the residence through a cryptocurrency site named Lofty AI. And some of them necessary convincing. “There was a massive discussion of, ‘Is the home manager scamming us?’” Gipson stated. “They said, ‘I can go on Amazon and buy a single for $35.’” Like quite a few choices on Lofty…
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