real estate news nyc Archives - Page 2 of 3

What Do Property Buyers Have to Know?

Post Author By Evo Plus
Post Date 04/07/2024

Additionally distinguished within the headlines is the worth of the pound, which fell to a file low towards the US greenback early Monday.

The UK’s financial scenario is unsure, and from a property funding perspective, some UK-based buyers will uncertain be feeling the consequences of the price of residing disaster and surging vitality costs.

Nonetheless, for those who’re a overseas investor, this will likely present a singular alternative.

With the pound dropping in worth, investing in foreign currency will lead to a better yield than earlier than, as currencies such because the greenback or the euro will probably be value

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Who is Ong Beng Seng, a billionaire tycoon in CPIB’s graft probe?

Post Author By Evo Plus
Post Date 14/07/2023

Billionaire hotelier Ong Beng Seng at a news conference in Singapore on 11 May 2007. (PHOTO: REUTERS/Vivek Prakash)

SINGAPORE — One of Singapore’s richest men, Ong Beng Seng, has been served with a notice of arrest by the Corrupt Practices Investigation Bureau (CPIB).

The billionaire hotelier, who is also reported to have played a key role in bringing the Formula 1 Singapore Grand Prix into the city-state in 2007, is allegedly linked to the corruption probe involving Transport Minister S. Iswaran.

Hotel Properties Limited (HPL), of which Ong is a co-founder and managing director, said on Friday (14 July) that

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Real Estate News

Head-To-Head Review: AGNC Investment (NASDAQ:AGNCM) vs. Apollo Commercial Real Estate Finance (NYSE:ARI)

Post Author By Evo Plus
Post Date 08/07/2023

AGNC Investment (NASDAQ:AGNCM – Free Report) and Apollo Commercial Real Estate Finance (NYSE:ARI – Free Report) are both real estate companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, profitability, earnings, dividends, institutional ownership, analyst recommendations and risk.

Earnings & Valuations

This table compares AGNC Investment and Apollo Commercial Real Estate Finance’s revenue, earnings per share and valuation.

	GrossRevenues	Price/Sales Ratio	NetIncome	Earnings Per Share	Price/Earnings Ratio
AGNC Investments	-$615.00 million	N/A	N/A	N/A	N/A
Apollo Commercial Real Estate Finance	$303.64 million	5.13	$265.23 million	$1.83	6.02

Apollo Commercial

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Real Estate News

Artis Real Estate Investment Trust Unit (TSE:AX.UN) Share Price Crosses Below 200-Day Moving Average of $8.32

Post Author By Evo Plus
Post Date 14/06/2023

Shares of Artis Real Estate Investment Trust Unit (TSE:AX.UN – Get Rating) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$8.32 and trades as low as C$7.20. Artis Real Estate Investment Trust Unit shares last traded at C$7.25, with a volume of 452,415 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AX.UN. National Bankshares lowered their price target on Artis Real Estate Investment Trust Unit from C$8.00 to C$7.75 and set a “sector performing” rating on the

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Real Estate News

Trends Reveal Record Demand for Student Accommodation

Post Author By Evo Plus
Post Date 10/05/2023

The shortfalls in student accommodation have been especially detrimental to international students – those coming from countries with a weaker currency have found accommodation increasingly unaffordable, for example.

Yet in 2022 – the UK issued nearly 500,000 study visa grants for international students – this marks an impressive 81% rise when compared to pre-pandemic figures.

Indian nationals enrolled into UK universities saw a 307% surge (105,278) compared to pre-COVID 2019 figures (34,261).

While the intake of Chinese students tapered down slightly – there has also been a significant increase in students coming from other countries such as Nigeria and Bangladesh.

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Real Estate News

Real estate sales dip in Houston and area

Post Author By Evo Plus
Post Date 03/05/2023

Real estate sales through the Multiple Listing Service in Houston and area declined in the first three months of this year compared to the same period in 2022, indicating latest figures from the BC Northern Real Estate Board.

Two single family homes sold from January to March at an average price of $110,000 while five single family homes sold from January to March in 2022 and 11 sold for the same three-month period in 2021.

Six properties sold in all for the first three months of this year at a combined value of $1.8 million.

The decline in home sales

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Real Estate News

Instability of Banks Boosts Appeal of Property Investing in 2023

Post Author By Evo Plus
Post Date 31/03/2023

If you’ve been paying attention to the news recently, then you may have noticed several banks collapsing in the US in the past couple of weeks, which is beginning to cause alarm.

For those not in the know, on March 10th, the biggest failure of a US bank since the global financial crisis of 2008 happened in real time. Silicon Valley Bank collapsed after a bank run and failed to raise capital, which was the second-largest failure of a financial institution in US history.

Following this, a second bank, Signature Bank, has also shut down, and a third has been

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Real Estate News

What Does the Spring 2023 Budget Mean for Property Investment?

Post Author By Evo Plus
Post Date 23/03/2023

Chancellor Hunt also revealed the government would deliver 12 “investment zones” across the UK – with the intention of creating new “potential Canary Wharfs.”

Regions like the West Midlands, Greater Manchester, and Liverpool were highlighted as potential candidates. The Chancellor stated that successful applicants must be able to identify a specific location where a partnership between local government and local universities/research institutes could provide valuable innovation.

Successful candidates will receive £80m in funding each over the next 5 years, further encouraging investment in these critical areas and strengthening their local economies. If all goes well, this could encourage many investors

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