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
In my role at Atlas, I oversee our value-add multifamily strategy. We buy 1970’s – 1990’s class B value-add properties and seek assets that are priced below replacement cost and comparable sales, where we can add value at then property level, and that are in markets we like long-term. Adding value is hard. It requires
When it comes to money, as with many things, men and women approach the topic differently. Though traditional gender roles are changing, many opposite-sex couples still adhere to them, with men generally taking the lead on finances and women taking a less active role. That’s according to a recent study from UBS Global Wealth Management,
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.
Take steps to stop elder abuse, inheritance extortion, and similar fraud. Getty People are aging and the incidence of elder financial abuse, and the permutations it can take are growing as well. There is lots of talk of these issues but what you need to do, for yourself if applicable or for loved ones that
No detail overlooked at StayTony in Beverly Hills. StayTony The golden age of Airbnb may soon be over. While this may disappoint travelers looking for a deal and quasi-entrepreneurs who think they’ve found the golden ticket to a quick dollar, this platform has made landlords, communities and lawmakers quite incensed. Local laws have passed in
Getty It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim home office expenses or whether to deduct a capital loss under the new law, you won’t want to miss a single letter. Q is for Qualified Business Income.
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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
Things are looking uncertain for filers hoping to get a break on their 2018 federal taxes by contributing to state-run charitable funds. The Tax Cuts and Jobs Act, which went into effect last year, limited to $10,000 the state and local tax (SALT) deduction filers can claim on their federal returns. And only taxpayers who
Frugal Living Secrets Exposed | Frugality Tips We Used to Retire Early. This is the Ultimate Frugal Living Secret Hacks Guide, that’ll provide you the tips we use to save thousands of dollar and get you living on less than 24,000 per year! These tips helped my retire early and they will help you too!
While Lyft was preparing to go public this week in an IPO valuing the rideshare company above $20 billion, Facebook was preparing for something else: a lawsuit from the federal government over discriminatory housing ads. That probably wasn’t in the minds of investors back in 2012 when the social network was the Silicon Valley start-up
(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
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
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;
Brazilian stocks are off to a solid start in 2019, but whether they can continue to climb depends on one major policy shift: reforming Brazil’s overcrowded public pension system. Brazil’s benchmark stock index — the Bovespa — reached an all-time high earlier this month and is up 8.6 percent for the year. The most widely
Tucked away in President Donald Trump’s 2017 tax cut was a little discussed provision that allows investors to potentially save big on capital gains. By investing in underserved rural and urban communities called “opportunity zones,” investors can defer or even avoid capital gains taxes on asset sales. These risk zones represent a potential windfall for
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
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.
Prince Harry, the Duke of Sussex and Meghan Markle, the Duchess of Sussex, at Royal Ascot (Day One) at Ascot Racecourse, June 19, 2018, Berkshire, England, U.K. (Photocredit: STAR MAX/IPx). The Duchess of Sussex, aka Meghan Markle, is watching her popularity and acceptance sinking, possibly taking the British Royal Family with her. Apparently, the way
Stocks head into the second quarter propelled by the best quarter in nearly a decade as the long tepid IPO market starts to simmer again. But the markets also face a reality check in the week ahead with some key data that could help clarify whether the economy is losing steam or just stumbling through
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
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
You don’t need a million dollars to live a luxurious retirement — so long as you’re willing to leave the United States behind. “Most people assume that a high-flying existence like that is the purview of the rich and famous alone,” said Jennifer Stevens, the executive editor of International Living. They’re wrong, Stevens said. The
Housing discrimination surpassed 28,000 cases in 2017. Getty Yesterday’s news that the U.S. Department of Housing and Urban Development is suing Facebook for violating the Fair Housing Act was not been a surprise to most who work in the housing industry. It has been a hot topic of discussion for years how the ad tool
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
DowDuPont cut its forecast for first-quarter sales on Thursday, citing the impact of U.S. Midwest floods on its agri business as well as weakness in its packaging and specialty plastics division. Record floods have devastated a wide swath of the Farm Belt across Iowa, Nebraska, South Dakota and several other states, idling ethanol plants, slowing
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.
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
Tim Sloan was a “great” CEO for Wells Fargo, and it’s “unfair” that he has to step down, management expert Jeffrey Sonnenfeld told CNBC on Thursday. The bank announced on Thursday the embattled CEO will retire in June. He became the chief executive in October 2016 after his predecessor John Stumpf resigned in the wake