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Voodoo Agent: The reverse marketing listing presentation

USA Real Estate News-Inman - Thu, 2017-04-27 17:17
Gary Gold's blueprint for a killer listing presentation involves storytelling, the perfect platform for photography display and hard evidence of his homeselling skills. ...

China's scrutiny of capital flows could crush trophy US deals: ex-China Orient exec - The Real Deal Magazine

USA Real Estate News - Thu, 2017-04-27 16:07

The Real Deal Magazine

China's scrutiny of capital flows could crush trophy US deals: ex-China Orient exec
The Real Deal Magazine
Sign up for China Watch, for weekly emails on Chinese real estate investments. “Some insurance companies, who shall remain unnamed, have had two or three failed transactions,” he said. “One was a building on Fifth Avenue that was quite well known.

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The Top 25 Most Creative Cities in America

USA Real Estate News-RISMedia - Thu, 2017-04-27 15:10

If you’re a creative person, looking for a city that ignites your creative flair, where should you live? Perhaps you dream of becoming a writer—which city will provide the muses and inspiration you need? Maybe you want to go to an art school in a city where you’re surrounded by artists in your community and not just your classes. We set ourselves the challenge of finding out what cities creatives flock to, or should flock to, to live.

But first, how do we define creativity? The term has been used to describe personality types, professions, fields of study, and hobbies, but it’s also used when creating something, problem-solving, and reaching that “eureka” moment. For the purposes of this study, we defined creativity as producing work that is original and relating to four factors: the person, the process, the environmental influences, and the product created.

We analyzed data from the U.S. Census Bureau and Bureau of Labor Statistics and determined four measurable metrics: creative jobs, creative schools, performing arts companies, and motion picture and video companies. These four metrics all reflect original work from a person, a process, environmental influences, and a product. We then took these metrics and ranked cities to determine the 25 most creative cities.

Where Should Creatives Hang Their Hats?
And the winner is…New York City! In a hard-fought battle of creative clout, even though it didn’t win any one category, overall New York City came out on top as a melting pot of both jobs, schools, venues, and opportunities for creatives. It was the second city with the most creative jobs, the fifth for creative schools, third for performing art companies, and third for motion picture and video industries. The biggest surprise in the top five, and a bit of a unicorn really, was Minneapolis, at No. 5 overall. When it comes down to deciding where to live, while New York is a classic for a reason, the average housing price is $1,624,710, while average in Minneapolis is $517,222. For the starving artist types, seems like Minnesota might be the place to get the best bang for your buck.

Which City Has the Most Creative Jobs?
Los Angeles Is the Best for Creative Employment Opps

With more artists and film-related jobs than any other city per capita, Los Angeles was pretty much guaranteed to be the top city for creative jobs. The top 10 also contained New YorkSeattleMilwaukee, and Kansas City, among others, demonstrating that there are rich hubs of creativity all across the country.

Where Are the Most Creative Schools?
San Francisco Educates the Creative Mind

San Francisco has often been hailed as a creative beacon, and after comparing it against the other cities on the roster we deduced that, given that it has the most creative schools on our list, it lives up to the hype. Students can decide between schools such as the California College of Arts, the Academy of Art University, the San Francisco Art Institute, and more, depending on their specialty.

Which City Has the Most Performing Arts Companies and Venues?
Nashville Is the Music and Arts Stage

Nashville has grown and evolved just as much as the music that is the common thread connecting the life and soul of the city and its people. The creative scene is flourishing, and is home to more performing art companies per capita than all the other cities—almost double San Francisco, which is the No. 2 spot. In other good news, the average housing price in Nashville is $456,740, which is almost half the average price of San Francisco, which comes in at $851,543. Interestingly, New Orleans was in the bottom half of the list, even though it is considered to be the home of jazz and Mardi Gras.

Which City Has the Most Film and Video Companies?
Los Angeles’ Hollywood Reigns Supreme

Los Angeles, of course, had the most motion picture and video companies per capita. Home to Hollywood, this wasn’t exactly shocking, but in terms of cost of living, film types may have may be able to trade in the typical LA shoebox apartment for some extra space in St. Louis, which was the No. 4. Out of 1,5111 cities overall, St. Louis ranks 223rd overall for homes over $200,000, and is the 59th most populated.

It’s important to remember that creativity can be measured in hundreds of ways. It comes from the people, from what you do, from what’s around you, and of course from what you make. No matter which city you’d like to live in, the power to exercise creativity always lies within yourself.

A version of this article originally appeared on Homes.com.

For more information, please visit connect.homes.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post The Top 25 Most Creative Cities in America appeared first on RISMedia.

Real Estate Industry Sounds Off on Trump Tax Plan

USA Real Estate News-RISMedia - Thu, 2017-04-27 15:08

President Trump’s proposed tax plan has been met largely with disapproval from the housing industry, with several constituents concerned about a change that would double the standard deduction—and, in effect, invalidate the tax benefits of owning a home.

“For roughly 75 million homeowners across the country, their home is more than just a number,” said National Association of REALTORS® (NAR) President Bill Brown in a statement on the plan. “It represents their ambitions, their nest egg, and the place where memories are made with family and friends. Targeted tax incentives are in place to help people get there. The mortgage interest deduction and the state and local tax deduction make homeownership more affordable, while 1031 like-kind exchanges help investors keep inventory on the market and money flowing to local communities. Those tax incentives are at risk in the plan released [this week].”

The outcome of the changes, should they be enacted, could be devastating to homeownership, according to Brown.

“Current homeowners could very well see their home’s value plummet and their equity evaporate if tax reform nullifies or eliminates the tax incentives they depend on, while prospective homeowners will see that dream pushed further out of reach,” Brown said.

National Association of Home Builders (NAHB) Chairman Granger MacDonald shared similar sentiments.

“Doubling the standard deduction could severely marginalize the mortgage interest deduction, which would reduce housing demand and lead to lower home values,” said MacDonald in a statement.

The changes could have an inverse impact, as well, on lower-income households, according to Diane Yentel, president and CEO of the National Low Income Housing Coalition (NLIHC).

“By raising the standard deduction, Mr. Trump’s tax plan would lead to fewer households claiming the mortgage interest deduction (MID)—a $70 billion tax write-off that primarily benefits higher-income households,” said Yentel in a statement. “Without additional reforms to provide a greater tax benefit to low- and moderate-income homeowners and to reinvest the savings into providing affordable rental homes to those with the greatest needs, Mr. Trump’s proposal would amplify MID’s regressive effect; only the wealthiest Americans would benefit.”

Brown, in addition, pointed to the majority share of federal income taxes paid by homeowners, cautioning that they could shoulder even more responsibility if the changes take effect.

“As it stands, homeowners already pay between 80 and 90 percent of the U.S. federal income tax,” said Brown. “Without tax incentives for homeownership, those numbers could rise even further.

“Common sense says that owning a home isn’t the same as renting one, and America’s tax code shouldn’t treat those activities the same either,” Brown said. “While we appreciate the administration’s stated commitment to protecting homeownership, this plan does anything but.”

National Economic Council Director Gary Cohn reiterated the administration’s intent to preserve homeownership in a briefing on the plan.

“Homeownership, charitable giving and retirement savings will be protected,” said Cohn.

Stay tuned to RISMedia.com for more developments.

For the latest real estate news and trends, bookmark RISMedia.com.

The post Real Estate Industry Sounds Off on Trump Tax Plan appeared first on RISMedia.

How to Have a More Modern Office: Alternative Work Arrangements

USA Real Estate News-RISMedia - Thu, 2017-04-27 15:05

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com:

In modern office settings, the 9-to-5, Monday-through-Friday work experience is becoming extinct. For companies focused on building a collaborative office culture with happy, invested employees, alternative work arrangements are the new norm. Think working from home once a week or spending only part of your work week in-house, telecommuting and flextime.

According to a new study from staffing firm The Creative Group, 76 percent of advertising and marketing executives surveyed said their company offers alternative work arrangements in some form or another. The most common? Part-time in-house hours, great for students or parents, are offered by 61 percent of employees. Another 33 percent of professionals are bagging flextime, with 30 percent telecommuting from elsewhere. Of those 30 percent working remotely, they are doing so an average of three days a week.

Why should you offer alternative work arrangements? According to the study, you will attract a younger crowd. Younger professionals between the ages 18 and 34 are more likely to work for companies that offer alternative work arrangements than those of other generations. You will also provide more comfortable working situations for those with kids, those pursuing higher education, or those who have to travel further to get to the office.

Plus, your office will snag major cool points, and who doesn’t want those?

The following infographic from The Creative Group offers further insight.

Source: The Creative Group

Zoe Eisenberg is RISMedia’s senior content editor. Email her your real estate news ideas at zoe@rismedia.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post How to Have a More Modern Office: Alternative Work Arrangements appeared first on RISMedia.

European Commercial Real Estate Limited Prices $30 Million ... - Stockhouse

Europe Real Estate News - Thu, 2017-04-27 14:59

Stockhouse

European Commercial Real Estate Limited Prices $30 Million ...
Stockhouse
European Commercial Real Estate Limited (the "Corporation") (TSX VENTURE:ERE) is pleased to announce today that the Corporation has filed and obtained a ...

and more »

European Commercial Real Estate Limited Prices $30 Million Offering and Announces Filing of Final Prospectus and ... - Stockhouse

Europe Real Estate News - Thu, 2017-04-27 14:59

European Commercial Real Estate Limited Prices $30 Million Offering and Announces Filing of Final Prospectus and ...
Stockhouse
European Commercial Real Estate Limited (the "Corporation") (TSX VENTURE:ERE) is pleased to announce today that the Corporation has filed and obtained a receipt from the securities regulatory authorities of all provinces and territories of Canada for a ...

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Brooklyn-based Ideal Properties Group launches hyperlocal website

USA Real Estate News-Inman - Thu, 2017-04-27 14:51
Erik Serras, the co-founder and principal broker of Brooklyn-based independent brokerage Ideal Properties Group, was born in Brooklyn, as were generations of his family before him, back to the time when parts of the New York borough were still farmland ...

Trulia president announces departure from company

USA Real Estate News-Inman - Thu, 2017-04-27 14:24
Trulia President Paul Levine announced his departure from the company through a heartfelt letter published on LinkedIn entitled "Onward, to a new home." ...

President Trump's tax plan could slash Trump's taxes - USA TODAY

USA Real Estate News - Thu, 2017-04-27 14:20

USA TODAY

President Trump's tax plan could slash Trump's taxes
USA TODAY
His push to lower the corporate tax rate could slash taxes on the hundreds of limited liability companies that make up his real-estate and licensing empire. The billionaire and his family also stand to benefit from his plans to lower the income tax ...

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Inman selects Ambassadors for Connect San Francisco

USA Real Estate News-Inman - Thu, 2017-04-27 13:59
Ambassadors are vibrant members of the Inman community who volunteer at each event to make introductions, help new attendees find their way and bring the spirit of connection alive ...

Inman announces Virginia Realtors as the newest Select member

USA Real Estate News-Inman - Thu, 2017-04-27 12:00
Emeryville, Calif. (Nov. 28, 2016) – Inman announced that Minnesota REALTORS will launch Inman Select to their more than 18,000 members, beginning today. ...

European Commercial Real Estate Limited Files 2016 Audited Financial Statements and Related MD&A - Stockhouse

Europe Real Estate News - Thu, 2017-04-27 11:37

European Commercial Real Estate Limited Files 2016 Audited Financial Statements and Related MD&A
Stockhouse
European Commercial Real Estate Limited (the "Corporation") (TSX VENTURE:ERE) announced today that its audited consolidated financial statements and related management's discussion and analysis for the period ended December 31, 2016 have been ...

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How to text real estate leads without breaking the law

USA Real Estate News-Inman - Thu, 2017-04-27 11:28
Lead generation and phone marketing technologies have made it increasingly easy for real estate agents to market their services through phone calls and texts to prospective homebuyers and sellers. But this could be a slippery slope, as such technology potentially exposes real estate professionals to more legal risk than ever ...

Geography is just another word for real estate - Inquirer.net

USA Real Estate News - Thu, 2017-04-27 11:10

Inquirer.net

Geography is just another word for real estate
Inquirer.net
Let us not just ban them but bomb them too! Then there was the White House announcement, that an armada was steaming towards North Korea, to send the not too subtle message to its leader (also with bad hair) that he had better stop that country's ...

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PGIM Real Estate closes European debt fund - Pensions & Investments

Europe Real Estate News - Thu, 2017-04-27 10:08

Pensions & Investments

PGIM Real Estate closes European debt fund
Pensions & Investments
The European debt strategy provides alternative financing, including whole loans, mezzanine and preferred equity. Investments range from about £10 million to more than £100 million across Western Europe. PGIM Real Estate raised more than 80% of the ...
PGIM Real Estate raises more than £1bn for European debt fundIP Real Estate
PGIM Real Estate raises more than £1b for European private real estate debt fundBusiness Wire (press release)
PGIM Real Estate Snags More Than £1B For Private Debt FundLaw360 (subscription)

all 5 news articles »

Meager listings prompt pending home sales slip

USA Real Estate News-Inman - Thu, 2017-04-27 10:01
What goes up must come down, and that's true for The National Association of Realtors Pending Home Sales Index, which took a dip this month after a string of impressive numbers ...

Cerberus restructures global real estate platform with new appointments - PE Hub (subscription) (blog)

Europe Real Estate News - Thu, 2017-04-27 09:39

Cerberus restructures global real estate platform with new appointments
PE Hub (subscription) (blog)
Cerberus Capital Management has restructured its global real estate platform with new appointments. Lee S. Millstein, the firm's current head of European and Asian distressed/real estate, has been named global head of real estate while Ronald A. Rawald ...

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Plenty of leads, no conversions? 5 tools to boost returns

USA Real Estate News-Inman - Thu, 2017-04-27 05:00
If online lead generation is one of the pillars of your business, then you're already well-versed in the hustle of online lead conversion. The national average to convert an online lead to a sale hovers around 2 percent. The internet lead game requires speed-to-lead and persistent follow-up to maximize your return on investment ...

Are you ready to quit your job and become a full-time real estate investor?

USA Real Estate News-Inman - Thu, 2017-04-27 04:30
When should you quit your job to become a full time real estate investor? Ian Walsh, director of Hard Money Bankers' Philadelphia office, joins Jason Balin, director of our main office in Columbia, Maryland, to talk about what to consider before jumping into entrepreneurship in the real estate investing industry ...
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