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Showing posts from 2018

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...

Best Places to Buy Real Estate

In case you are thinking about purchasing a real estate property, we recommend that you take a look at these real estate markets, suggested by New York real estate managing director Adam Hochfelder. Wealthy people from all around the world are always looking for new investments, and for many, that means investing in the United States real estate market. A recent survey conducted on over 30 00 people from all around the world, showed once again that America is the most desired d estinations for living. Some of the things that gave America advantage over the other countries were innovation, opportunities, and livelihood, but compared to other, America falls behind in democracy ruling and global conduct. According to Hochfelder's articles for Bigger Pockets , the current political and economic situation also helped America rank on the top. The survey included over 20 developed countries, and a few developing countries, that play different, but important roles in international...

The After Effects of Real Property Acquisition and Development

The typical acquisition is a fairly short process, where normally the parties involved walk away after closing. But sometimes the effects of an acquisition stay longer and linger on the buyer. After a deal has been made, the buyer owns the property and has to live with its flaws, while the seller can have some exposure to liability for non-disclosure, environmental contamination, etc. Satisfying the parties’ reasonable expectations in these areas is a major part of the negotiation that purchase agreements include. During the past couple of years, the general outlook on real estate acquisitions has shifted from a traditional point of view. Due to that, more and more often, we see potential buyers seeking guidance from real estate experts. Adam Hochfelder currently serves as the Consultant of Real Estate Acquisitions & Development at Merchants Hospitality, but prior to that, he was one of America’s most famous real estate executives. Now he uses his industry knowledge and experie...