Estate

Real Estate Magnates Accused Of Helping Country Club Pals Skip COVID Vaccine Line In Florida

Just when you thought the college admissions scandal was bad… Real estate moguls David and Bill Mack have reportedly helped some of their wealthy friends from Manhattan and the Palm Beach Country Club skip the vaccine line and obtain the vaccine at a Florida retirement home, according to a new report from the New York…

The US Has Lost More Than 110,000 Restaurants, Setting Stage For Commercial Real Estate Collapse Of Epic Proportions

Authored by Michael Snyder via TheMostImportantNews.com, The restaurant industry is in the midst of a complete and total meltdown that is unlike anything that we have ever seen before.  If you ask Google how many restaurants there are in the United States, it will tell you that there are 660,755, although that number is a…

The U.S. Has Lost More Than 110,000 Restaurants, Setting The Stage For A Commercial Real Estate Collapse Of Epic Proportions

By Michael Snyder The restaurant industry is in the midst of a complete and total meltdown that is unlike anything that we have ever seen before.  If you ask Google how many restaurants there are in the United States, it will tell you that there are 660,755, although that number is a few years old. …

Blackstone Makes $3.45 Billion Bet On Life-Science Real Estate Near MIT

While the virus-pandemic has crushed the commercial real estate industry, such as hotels and shopping malls, Brookfield Asset Management is making a multi-billion bet in a life-sciences real estate portfolio located in Cambridge, Massachusetts.  Life-science buildings in Cambridge, Mass, that Blackstone has agreed to buy.  The 2.3-million-square-foot portfolio of lab facilities situated around the Massachusetts…

“Down From London” Crowd Flee Cities, Send British Country Estate Sales Soaring

By Tyler Durden Following trends in New York City, San Francisco, Los Angeles, and Chicago, wealthy so-called ‘Down-from-London’ers have reassessed their living situation in urban areas and moved to the countryside due to the virus pandemic. Bloomberg reports Londoners who generally have a large house in the London metro area and a cottage in the…