Month: March 2019

Online retailers in Singapore are setting up new brick-and-mortar stores in industrial warehouses, a sign that ecommerce is continuing to reshape both the industrial and retail property sectors. The authorities in the city-state have started to allow companies more room to experiment in the use of warehouse spaces. The country’s Urban Redevelopment Authority (URA) said
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For the last two years, Scott Gottlieb missed a lot of time with his wife and three daughters — back-to-school nights, school plays and parent-teacher conferences. He loved his job running the Food and Drug Administration, but hated leaving his wife Allyson, nine-year-old twins and five-year-old in Connecticut every Sunday to head to Washington, DC.
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Listed for $5.2 million, Nantucket Lightship was converted into a luxury yacht residence with a bright red hull and custom wood interiors. Courtesy of William and Kristen Golden Who wouldn’t want to live on Nantucket? It’s uniquely blessed with galvanizing ocean waves, phenomenal whale watching and mesmerizing sunsets. Nantucket Lightship has served the USA well
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(AP Photo/Bullit Marquez, File) ASSOCIATED PRESS America has assured the Philippines that it would come to that nation’s defense if it comes under attack in the South China Sea. That’s according to reports in early March, when Washington reaffirmed a defense code that Manila has sought to revise. And it’s something that could deter China’s aggression in the South
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The terms “wealth management” and “viral sensation” are rarely used in the same sentence. Andy Rachleff, co-founder of the robo-advisor Wealthfront, is betting his retirement years he can change that. After a career spent investing in Silicon Valley start-ups, Rachleff is looking to take robo-advising the way of household tech names like Netflix. He and
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Nikki Beach Hotels and Resorts upcoming property in Sri Lanka Nikki Beach Nikki Beach Hotels and Resorts will grow its portfolio to now include 7 resorts, which are either operating or currently under construction. In a joint venture with Nikki Beach Hotels and Resorts EMEA, the two companies currently operate 3 Resorts in Dubai, UAE; Bodrum, Turkey;
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For aging parents who had a measure of financial success, real estate investments are not unusual. Their portfolios can include single family rental homes, apartment buildings or commercial entities. When they were younger, many of these seniors took pride in managing these investments themselves. But time can take its toll. We are seeing age-related problems
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Elderly couple cheerfully feeding each other during a meal in a restaurant. Getty Determining the amount you need to save for retirement is a daunting task. It’s impossible to predict future life events and associated expenses, so future retirees often rely on general expense or portfolio withdrawal “rules” to make educated guesses about their needs.
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Lyft stock started trading on the public market Friday at $87.24 per share, more than 20 percent above the stock’s IPO price. The offering marks the first debut from a heavyweight class of tech companies going public in 2019. The company said Thursday it sold 32.5 million shares — more than previously expected — at
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Shares RH, the company formerly known as Restoration Hardware, plunged nearly 19 percent Friday morning after it cut its 2019 forecast, suggesting that the company’s new strategy will take longer to pay off than originally expected. Late Thursday, RH posted its fiscal fourth-quarter results, which were mixed as revenue fell short of expectations. The high-end
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Raising capital is crucial in making a real estate syndication happen. But how do you connect with high-net-worth individuals who are interested in multifamily? And then, how do you build trust with those prospective investors? One strategy is to create quality content and design a platform around those resources, attracting passive investors by giving them
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The striking stacked design is by Rafael Viñoly Architects. Steelblue LLC NEMA Chicago and NEMA Boston, two newly-built sleek panoramic towers, are slated to open in 2019 with prominent architectural pedigrees and premium amenities rarely associated with rental properties. At 76 stories, NEMA Chicago is promoted as the tallest residential rental tower in the city.
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The estate tax is dead! Long live the estate tax! Like a Phoenix flaming on the political wind, only to extinguish, then burst anew, this now-you-see-me, now-you-don’t tax is overlooked only at the peril of lasting prosperity. For exposed families, the estate tax can be a devastating blow to generational wealth, from which fortunes never
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