Investing

First Time Real Estate Investors: Guidelines To Get You Started

Investing in real estate comes with a bunch of benefits, which is why people have been taking advantage of this business move. One of the best benefit of a real estate investment is when you use it as a rental property, because it won't only provide you a stable monthly income source, there is also an equity appreciation, and tax deduction. Overall, real estate investment can generally improve the investor's financial situation.

Celebrity Real Estate: Raja Bell, a Retired NBA Star, Puts His Miami Condo for Sale

Raja Bell, a retired NBA star, had put his Miami condo for sale in October for $999,000. This November, the price was cut to $925,000. The reduction of the price of Bell’s condo comes in the wake of a variety of other moves by him to scale back.

Blackstone Group Sells the London Hotel in Midtown for $382M

Blackstone Group has sold the London Hotel in Midtown for $382 million, or $678,000 per room, to the Abu Dhabi Investment Authority. The Hyatt Times Square and the Marriott Edition on Madison Square Park are also owned by the Abu Dhabi Investment Authority, which is expected to retain the current management team.