Building a Career in Real Estate Development

Real estate development is often described as the engine that propels growth in the real estate industry. Real estate developers purchase real estate, make improvements to the existing structures or build new ones and sell the property at a profit. That is why all successful real estate developer must be able to recognize opportunities for making money as well as predicting trends. Adam Hochfelder is one of New York’s most admired real estate executives whose reputation is built on the hallmarks his clients and partners have come to rely on. Here Mr. Hochfelder breaks the key steps for starting a career in real estate development.

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Things to Know About Investing in Hotel Properties

The hospitality industry is one of the most solvent and fluctuating industries. On a daily basis, this industry deals with transient customers. According to the real estate investor and developer, Adam Hochfelder , this type of the business climate in the hotel industry provides numerous lucrative reasons for investing in hotel properties. Here, Hochfelder gives the key variables you need to take into account when planning your investment. Overview of Asset Classes According to the type of services they provide, there are four main types of hotels: full-service limited-service budget hotels extended stay The "full-service" offers everything a guest might want, including restaurants and bars, conference halls, fully equipped spas, and leisure and sports centers. The "limited-service" is a step-down and offers almost as much as a "full-service". This is typically a restaurant, a fitness center, conference rooms, and a swimming pool. This

Hochfelder: Why Millennials Don’t Spend on Things but on Experiences?

Instead of buying property and belongings, Millennials, or the Millennial Generation, born between 1980 and 2000, is turning to the “experience economy “or the “economy of happiness”. As New York businessman Adam Hochfelder explains, for them, experiencing something has greater worth than buying a branded handbag. The shift in the consumer’s habits has left a serious mark in the stock market. The last few years have brought an increase in everything related to travel, airline, industry experience, massive festivals, sports championships, restaurants, and cafes, whose tracking indexes in the US and the European stock markets have reached the highest value, after 2011. Massive festivals embrace every category of electronic dance music, with more than 150 appearances, in 3 days on 4 stages. The latest sound systems, lighting spectacles, and fireworks lead the ultimate journey through the entire spectrum of electronic music. There meet the most beautiful creatures in the world with

How to Start a Real Estate Investment Business

Investing in real estate can bring life-changing results. Being able to provide for your family and set yourself up for an easier future is a possibility when you’re investing in real estate, but it doesn’t come without some hard truths. For new investors, getting into the business of buying, selling, and renting homes may seem pretty ambitious. But like any other area of personal finance experts, real estate investing eventually comes down to some simple basics. Making a Plan With the right strategies, patience, and a willingness to learn, it’s a discipline that can help you make strides on the path to financial independence.

Adam Hochfelder

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