How Charleston Has Become a World-class Culinary Capital

Forget the city of old, or even five years ago. A new wave of restaurateurs, designers, and hoteliers have put the jewel of the Lowcountry on the global stage. When I was considering a move to Charleston to edit a new magazine called Garden & Gun in the summer of 2007, my wife and I went to McCrady’s restaurant, just …

Self Storage Firm SmartStop Asset Management Expands Into Student Housing

Update 1/25/18 – SmartStop has expanded its student-housing footprint, acquiring three properties between June 2017 and January 2018. It also has an agreement to purchase three senior-housing facilities in Utah for $78.5 million. The assisted-living properties and two of the student-housing transactions are tied to the Strategic Student & Senior Housing Trust Inc. (SSSHT), a non-traded REIT sponsored by SmartStop. …

TD Self Storage Proposes Mixed Use Project for Greenville SC

TD Self Storage Enterprise LLC, a development and acquisition venture launched last year by JHM Hotels, is pursuing a mixed-use project in the West End historical district of Greenville, S.C. The four-story facility would be built on a nearly 1-acre lot at the corner of Oneal and Rhett Streets, which currently houses a Piedmont Electrical Distributors warehouse. It would include …

The Amazon effect: Industrial real estate firm scoops up warehouse

The owner of a large East Coast portfolio of warehouse buildings just increased the size of its holdings in the city. A few months after buying three warehouses in East New York, Seagis Property Group has acquired a roughly 80,000-square-foot, single-story industrial building in Maspeth, Queens. The real estate investment firm, which also owns 42 warehouse buildings near John F. …

Avoid These Four Common Commercial Real Estate Investing Mistakes

Buying and managing investment property — be it houses, multifamily units or commercial real estate — is hard work. Owners must choose between paying to outsource and handling everything themselves. The latter can range from finding financing and performing maintenance to resolving emergencies and legal problems. All these tasks extract a price in terms of time, aggravation and mistakes for …

Bitcoin-like cryptocurrency used to buy home

After a lot of red tape, a recent college graduate used cryptocurrency assets to buy a home, though everyone from the mortgage company to tax collectors needs to be paid in regular U.S. dollars. In what is believed to be a first for Seattle-area real estate, a young investor has used bitcoinlike cryptocurrency to buy a house in Tukwila. The …

Partnervest Advisory Services LLC Raises Stake in iShares US Real Estate ETF (NYSEARCA:IYR)

Posted by Stefani Robinson on Dec 11th, 2017 Partnervest Advisory Services LLC increased its position in iShares US Real Estate ETF (NYSEARCA:IYR) by 62.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,141 shares of the real estate investment trust’s stock after purchasing an additional 1,597 shares during the period. Partnervest …

Buy Bitcoin, Not Real Estate

read more at bitcoin.com Real estate is how ordinary people have stored value and ultimately accumulated wealth. Indeed, post World War II societies all but demanded access to credit through politics, and governments responded with in-kind favors to keep power. Compounding of easy, loose money spurred decades of growth in housing construction, materials, land, and requisite financial products. This, in …

Is your commercial real estate buyer for real?

These days, multiple offers on well-priced, conveniently located commercial real estate are the norm. Unlike the doldrums of a down market where the activity is tantamount to a cricket concert — activity is robust! So, how do you filter the noise of multiple offers and settle upon the right buyer — the first go around? That, dear readers, is the …