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.

Read more...

Comments

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...

The NYC Real Estate Climate and Its Developments

You may know how the NYC market work, which by the way is the largest and most vibrant one in America, but the question is whether you’re familiar with the housing construction in other parts of the United States. Real estate founder and CEO Adam Hochfelder took this matter into his own hands and investigated whether there has been a reversal in other cities, or was this exclusive to NYC. Overall, almost everything that burdened the housing stock in NYC was sold, which created a feeling that there are a lot of unsold apartments, highlights Hochfelder, an honoree at the Chamber of Commerce. - If I say that today there are thousands of them, I would reveal too much, added Hochfelder. Therefore to him, it wasn’t a surprise at all that in the last year, at a certain point there were 1,400 new apartments build, and changes in the tax laws contributed to the increased sales. According to this renewed real estate expert , this year is rather surprising mainly because of the apartmen...

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

Search This Blog