Tag Archives: Property Portfolio

Chicago voters to decide whether to hike real estate transfer tax

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Proponents said the measure would raise $100 million per year. Chicago Realtors said the tax was volatile and not a reliable funding stream. Continue reading →

Vrbo parent company Expedia reports ‘best-ever’ quarter

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Despite Vrbo itself struggling, Expedia, the travel booking company that owns the short-term rentals platform, recorded $425 million in profits during the third quarter. Continue reading →

WeWork reportedly to file for bankruptcy as soon as next week

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The company that once embodied the future of the workplace, which at its peak was valued at $47 billion, is reportedly considering filing a chapter 11 petition in New Jersey. Continue reading →

Here’s how property managers can fight the effects of inflation

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How can forward-thinking property managers mitigate the effects of inflation? It requires informed strategies and creative thinking. Here’s our approach. Continue reading →

Buffett, Munger foresee ‘hollowed out’ downtowns on the horizon

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Billionaire investor Warren Buffett and business partner Charlie Munger see long-term distress in commercial real estate, which could spell trouble for lenders and opportunity for investors. “The buildings don’t go away,” Buffett said. Continue reading →

Renters rejoice! Rental rates fell for 5th straight month in September

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Rents for studio, one-bedroom and two-bedroom units fell 0.7 percent between August and September, according to data from Realtor.com. Continue reading →