Submit professional appointments, management-level promotions and significant awards for individuals , along with photos as a .jpg attachment, via email to peopleonmove@orlandosentinel.com . Nyma Whitmire , community volunteer, was appointed to serve a three-year term on The Albin Polasek Museum & Sculpture Gardens board of directors.
Category: Real Estate
San Francisco home prices see big drop in January
The Arden, one of Mission Bay’s newer condominium towers, makes a virtue of the neighborhood’s horizontal emphasis zoning rather than trying to hide that it doesn’t exist. The Arden, one of Mission Bay’s newer condominium towers, makes a virtue of the neighborhood’s horizontal emphasis zoning rather than trying to hide that it doesn’t exist.
Lawmaker: ‘I got confirmation’ my Russia-Ukraine plan was…
The Ukrainian lawmaker who met with President Donald Trump’s personal lawyer, Michael Cohen, and businessman Felix Sater in New York last month to discuss a controversial peace plan for Ukraine “got confirmation” from Sater that his plan was delivered to the White House, he told Business Insider. Andrey Artemenko, a member of Ukrainian parliament and former member of the country’s far-right Radical Party, said he met with Cohen and Sater at the Loews Regency New York on January 27 to discuss Artemenko’s proposal for solving the Russia-Ukraine conflict.
Ahead of the Bell: US home sales
The National Association of Realtors reports on January sales of existing U.S. homes Wednesday at 10 a.m. Eastern. Economists forecast sales will tick up to a seasonally adjusted 5.55 million, up from 5.49 million in December.
HGTV star Scott McGillivray explains how to avoid the biggest…
To make sure you’re earning as much as possible on the sale, Scott McGillivray, the host of HGTV’s “Income Property” and a real estate expert who’s invested in over 100 properties, recommends avoiding one thing that he sees sneak up on sellers again and again: transaction costs. “Transaction costs in real estate is usually what kills people’s profit margins,” McGillivray told Business Insider.
A big property landlord is fighting back and suing Airbnb
Landlords have long been wary of Airbnb, which lets individuals rent out spare space in their homes to guests, but one landlord is now going further, and taking the company to court. Apartment Investment and Management Company , a big property manager that oversees over 50,000 properties, filed lawsuits in both California and Florida seeking monetary damages and court orders preventing Airbnb from listing its units.
Icahn Raises Stakes in Herbalife, Hertz, Cuts Freeport-McMoran
Billionaire activist investor Carl Icahn increased his holdings in Herbalife and Hertz Global Holdings in the fourth quarter, and exited Voltari. New York-based Icahn also reduced investments in PayPal Holdings Inc, Nuance Communications Inc and Freeport-McMoRan Inc, according to a regulatory filing Tuesday.
Here’s Why These Gold Stocks Popped in January
Climbing nearly 6% through January, the price of gold outpaced the meager gain — nearly 1% — of the S&P 500 . Unsurprisingly, many of the market’s largest gold stocks enjoyed double-digit gains, including Freeport-McMoRan Selling 1.1 million ounces of gold in fiscal 2016, Freeport-McMoRan has a strong presence in the gold market, but the company is also a major player in the copper market.
Why Trump’s Nordstrom Tweet May Have Crossed An Ethical Line
U.S. President Donald Trump and his daughter Ivanka walk to board Marine One at the White House in Washington, D.C., on February 1, 2017. After a week of major retailers dropping Ivanka Trump’s products, the #GrabYourWallet boycott made its biggest impact ever today when it prompted the president of the United States to respond with an angry tweet that may have crossed an ethical line, say government ethics experts.
Trump’s Ethics Plan Is Even Worse Than You Thought
Just about a month ago, Donald Trump gave his first press conference since last summer to try to reassure voters, ethics watchdogs and political analysts concerned about financial conflicts of interest that might entangle and compromise his White House. Like many Trump press events, it was a carnivalesque affair, featuring meandering attacks on the media and the intelligence community before finally offering an outline of how Trump would insulate his public policymaking from his own business dealings.
Better Buy: HCP, Inc. vs. Ventas
Both have similar property portfolios, pay similar dividends, and have similar long-term strategies. Here’s a comparison of these two REITs, and which one could be the better buy now.
New documents show Trump retains direct tie to businesses
New documents confirm that President Donald Trump retains a direct tie to his business interests through a revocable trust now being overseen by one of his adult sons and a longtime executive of the Trump Organization. Trump is the sole beneficiary of the Donald J. Trump Revocable Trust, which is tied to his Social Security number as the taxpayer identification number, according to documents published online by the investigative nonprofit ProPublica.
3 Stocks That Could Make You Rich
First of all, there’s no reliable way to get rich quickly in the stock market, and these three stocks aren’t going to do it for you. On the other hand, smart long-term investing is perhaps the most reliable path to wealth.
Pending Home Sales Rise More Than Expected
Contracts to buy previously owned U.S. homes rebounded in December following a drop a month earlier, the National Association of Realtors said on Monday. The NAR said it pending home sales index, based on contracts signed last month, rose 1.6 percent to 109.0. Analysts polled by Reuters had forecast a 1.0 percent increase in December.
U.S. pending home sales increased in December
More Americans signed contracts to buy homes in December. The increase possibly reflects more people scrambling to purchase homes as mortgage rates have been rising and increasing the costs of ownership.
3 Reasons Welltower Inc. Stock Could Rise
Over its 46-year history, Welltower has delivered fantastic returns for its investors, and it has done a great job of managing risk throughout a variety of economic environments. With that in mind, here are three reasons Welltower’s strong performance could continue.
Will 2017 Be Realty Income Corporation’s Worst Year Yet?
For the last five months of the year, the stock plunged by 20%. To put this into perspective, if this rate of decline were to continue throughout 2017, the stock would lose nearly half of its value in 2017, making it the worst year in the company’s NYSE-listed history.
White House, Trump Organization name ethics advisers
President Donald Trump and his hotel and real estate business on Wednesday separately named ethics counselors, the latest step in the president’s plan to address conflicts-of-interest concerns that arise from his decision to maintain financial ties to his company. Trump selected Washington attorney Stefan Passantino as his White House ethics adviser, press secretary Sean Spicer said.
Trump aide Kushner scraps plan for Canada visit -Canada official
A senior aide to U.S. President Donald Trump has scrapped plans to visit Canada for talks with officials in Prime Minister Justin Trudeau’s team, a Canadian government source said on Monday. The source said the planned visit by Trump son-in-law Jared Kushner had hit logistical problems.
Why San Fernando Valley home sales dipped in 2016
The San Fernando Valley’s resale housing market flirted with record low level sales in 2016, because inventory remained scant and prices climbed out of reach for many potential buyers, a trade association said Thursday. Last year sales of previously owned homes fell 4 percent from 2015 to 5,863 transactions, the second lowest level since full-year record keeping began in 1985, according to the Van Nuys-based Southland Regional Association of Realtors.
Hong Kong’s Housing Curbs Could Help End Singapore’s Slump
So says Cushman & Wakefield Inc., which expects the slide in the city-state’s home prices to end this year as foreign investors turned off by Hong Kong’s move to increase the stamp duty for overseas buyers look to Singapore instead. Desmond Sim, head of research for Singapore and Southeast Asia at CBRE Ltd., said Singapore house prices are approaching their trough, with a forecast price move of flat to minus 2 percent.
Real estate markets across Miami-Dade County steady
Brexit and the US elections were among factors that made 2016 a stable and steady – but not record-breaking – year in real estate markets across Miami-Dade County, observers say. “It was a relatively slow year,” with some companies waiting until year’s end to make major decisions, said Marc Miller, research manager for JLL.
Meet the Men Who Will Oversee Trump’s Infrastructure Plan
President-elect Donald Trump is planning to name real-estate developers Richard LeFrak and Steven Roth to head up a new council he is creating to monitor spending on his proposed $1 trillion plan to improve the nation’s roads, bridges and other public works. Mr. Trump said in an interview Friday with Wall Street Journal reporters and editors that he has asked the two New York-based developers, whom he has known for decades, to oversee the council of 15 to 20 builders and engineers.
How Risky Is Royal Gold, Inc.?
In the end, Royal Gold isn’t risk free, but it may not be as risky as your typical ‘gold’ stock. A miner like Newmont digs holes in the ground, pulls out gold, and sells it.
Home Sales Surge
John Bowman of Old Dominion Realty shows a late-18th century house in Port Republic to David Shank of Mount Crawford and Marta Ruiz, 16, a Spanish foreign exchange student the Shanks are hosting. John Bowman of Old Dominion Realty shows a late-18th century house in Port Republic to David Shank of Mount Crawford and Marta Ruiz, 16, a Spanish foreign exchange student the Shanks are hosting.
Instant Analysis: HCP Names a New CEO
He is a familiar presence in HCP’s C-suite. He joined the company last June as its Chief Financial Officer, having previously served in the same position at residential REIT, United Dominion Realty Trust , from early 2013 until then.
Ivanka Trump shifting gears, heading to Washington
Ivanka Trump plans to step aside from her executive roles at the Trump Organization and her lifestyle brand, but says she is confident both businesses will continue to “thrive.” In a post on her Facebook page Wednesday, Ivanka Trump said she would take a “formal leave of absence” from her executive positions at the Trump Organization and her lifestyle brand – which offers shoes, clothes and messages of female empowerment.
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In this Tuesday, Dec. 20, 2016 file photo, a general view with an advertising billboard is seen at the Trump International Golf Club main entrance in Dubai, United Arab Emirates. Dubai’s DAMAC Properties tells The Associated Press it offered … deals to U.S. President-elect Donald Trump’s firm worth some $2 billion, but the Trump Organization turned them down.
Trump camp faces a complex scramble in avoiding potential conflicts
U.S. President-elect Donald Trump walks from an elevator with Alibaba Executive Chairman Jack Ma after their meeting at Trump Tower in New York on Monday. While promoting a Trump Tower condo development in South America last week, Eric Trump assured an Argentine newspaper that his family’s business was “in the first phase” of a building project in Buenos Aires.
Li Ka-Shing Sees Hong Kong Property Prices Rising Amid Curbs
Hong Kong’s richest man Li Ka-shing expects property prices in the city will rise “a little bit” this year, even as the government takes steps to cool the world’s costliest real estate market. The government in November increased the stamp duty to 15 percent for all residential purchases, excluding first-time buyers who are permanent residents.
Freeport-McMoRan Tops the S&P 500; Now What?
Freeport-McMoRan surged over 7% on Wednesday, the end of the stock’s six-week pullback. Here’s how you trade the stock Freeport-McMoRan has reversed sharply from last week’s close.
Jim Cramer — Valeant Has Too Much Debt
Shares of Valeant Pharmaceuticals are down about 2% Wednesday morning after analysts at Piper Jaffray cut their price target to $11 and maintained an underweight rating. Shares currently trade around $15.
Cramer: Freeport McMoRan Might Have Run Out of Gas
Energy powerhouse Freeport McMoRan rallied 94% in 2016, making it the S&P 500’s No. 3 gainer for the year — and perhaps the ultimate “back-from-the-dead” stock from among the index’s big winners for the year.
2 Healthcare Stocks With Better Dividends Than HCP, Inc.
The healthcare-focused real estate investment trust still offers a juicy yield, but the shares of certain companies poised to generate increasing profits could generate far more income over the long run. Here’s why Amgen At recent prices, HCP, Inc.’s $0.37 quarterly payment offers a 5% forward yield, which is higher than J&J and Amgen offer right now.
Where Will HCP, Inc. Be in 10 Years?
The year started off quite turbulent, with dismal results from the company’s HCR ManorCare properties leading to a surprise loss, but recovered nicely as the company decided to spin off those and other troubled assets. What could be in store for HCP investors in the coming decade? Unfortunately, we don’t have a crystal ball that can predict investment performance.
Related Article: What to Watch Wednesday: Pending Home Sales Index
On Wednesday investors await the pending home sales index. Released by the National Association of Realtors at 10 a.m. ET, the pending home sales index for November is expected to rise 0.5% month over month.
Valley homes sales set to end 2016 on sluggish note
The San Fernando Valley’s residential real estate market is limping toward the end of a sluggish year, with sales likely totaling less than in 2015, the Southland Regional Association of Realtors said this week. Last month Realtors logged 457 sales of previously owned houses, one fewer than in November of last year, the Van Nuys-based trade group said.
These hotel workers just took on Trump – and won
Donald Trump, on the campaign trail in March, has criticized union leaders. This week, though, his hotel company has agreed to deals with two major unions.
Ahead of the Bell: US home sales
The National Association of Realtors reports on November sales of existing U.S. homes Wednesday at 10 a.m. Eastern. SALES PULLBACK: Economists surveyed by the data firm FactSet predict that sales of existing home retreated 1.8 percent last month to a seasonally adjusted annual rate of 5.5 million.