Adam Hochfelder

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...

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...

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 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...

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...

Adam Hochfelder was born in 1971 and was brought up on Long Island, in Old Westbury, New York. He attended the University of Pennsylvania's Wharton School of Business, from which he graduated in 1993. Mr. Hochfelder began his professional career while still in university, after his sophomore year, when he took on an internship position at Newmark and Co, a major real-estate services company . In 1996, Mr. Hochfelder co-founded Max Capital Management Corp and began building his commercial real-estate portfolio, that reached up to seven million square feet, measuring up to holdings of some of the most prominent real-estate magnates. In 1998, Adam Hochfelder was one of the youngest people ever selected to serve on the Real Estate Board of New York. Thanks to Adam Hochfelder’s exceptional business management skills, his real estate investment firm in NYC reached over $3 billion in assets under management. Under Mr. Hochfelder’s stewardship, the firm added some major acquisition...

Original Article This is a true paradise for those involved in the real estate business because they always have the opportunity to trade, sell or rent real estate properties. Now is a good time to be in the real estate business, and Adam Hochfelder reveals that smart investments in real estate can return even triple. It is also not that difficult to realize that real estate agents receive a nice percentage of selling a property, and this amount usually adds up to more than a few average salaries. One of the most important and basic services that a real estate agent performs is helping people buy and sell homes. As experts in the process of buying and selling the property, real estate agents and managers facilitate the transactions, the searching, and with that save clients time, trouble and money. Just like in any other profession you need to understand and constantly upgrade your knowledge on the industry.

BiggerPockets, one of the biggest real estate communities on the internet, is excited to have the Whiz-Kid from New York, Adam Hochfelder. Here is his profile -  https://www.biggerpockets.com/users/AdamHochfelder

After several hot years, the real estate market is starting to move at a slower speed, but as a sign of encouragement real estate executive, Adam Hochfelder has a message for the real estate agents. “A new opportunity can be brought out of every change; all you have to do is look for it”. This star of New York real estate business has stuck to this advice his entire life. Now that he is serving as the Managing Director of Real Estate Acquisitions & Development at Merchants Hospitality, Hochfelder found a new way to train and educate agents and broker on how to build better relationships with their potential customers, and run their businesses more professionally in general. Held online, without any financial reimbursement, his classes are small, with up to 20 agents, and in order to customize his advice and activities according to the agent’s level of experience. That’s why he usually forms smaller groups with similarly experienced agents. As part of his goal to help them ...

In the last three years in New York State, almost three billion dollars were collected from real estate taxes. So, in 2015, were collected 828.6 million dollars, which means 13 percent less than in 2014, when from real estate taxes 950.7 million dollars were collected. Also, that is 27 percent less than in 2013, when 1.13 billion dollars were collected. These data were the basic reason for Adam Hochfelder to reduce the taxes on real estates. Helen Keit - a licensed real estate broker, says that reducing the taxes by 2 percent will considerably increase the turnover. Mr. Hochfelder explains that it is the total amount of money collected on taxes, including sale and purchase, inheritance, maintenance and all other types of real estate turnover. Known as the "Wharton Whiz Kid" for his fast rise to fame, Adam Hochfelder has the ability to leverage exclusive deals, fearlessness towards risk and endless ambition. All this helped him generate multimillion-dollar deals as well...

Trying to find a home on your own can be a very difficult task, and if you're not familiar with the market you might end up getting the short end of the stick. Purchasing a home for the first time can be stressful and overwhelming, and it might bring potential pitfalls. But according to NYC real estate executive Adam C. Hochfelder , being aware of those issues can protect you from costly mistakes and make you shop with confidence. When it comes to buying real estate property, you should have all the information available in order to ensure success. But perhaps even more important than the good sides are the pitfalls than one must avoid, so you can play the property game with ease and confidence. There several factors that can affect the present and future market value of a property and as a potential buyer understanding those key factors will help you in making a safe and smart investment decision. First and foremost, Hochfelder stresses that you need to focus on both the sh...

The Bureau of Labor Statistics recently announced their results from the studies regarding the future of the labor market in the U.S.A, in which several experts, including business real estate executive Adam Hochfelder, elaborated their thesis on the labor market outlook. Apart from the actual trend of employment development, the study focused on the employment dynamics in the major industry sectors by 2035. The further expansion of the labor market and the ongoing worldwide globalization of industry, trade, and services are resulting in new and changed skills requirements for employees. Hochfelder , an ARTIC member, has extensive experience in the real estate market, and as he says the world financial markets are comparing every location in terms of the profitability of an investment. Due to the increasing number of retiring workers and the constant population growth, new job openings are forecasted, which means the number of workers is expected to increase. Considering thi...

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 ...

Real estate is a business and like any other, it also requires that you plan, analyze, negotiate and manage. If it’s not producing a profit, your business won’t stay in business for very long. Adam Hochfelder has been in the real estate industry for over three decades. As he explains, this business demands a certain level of commitment. But unlike many other businesses, real estate allows you to control your working hours and set your own schedule. The important thing is to set the goals that you want to achieve, and then work to make that happen. Setting clear and specific investment goals will pave the way toward becoming financially independent. In real estate, objectivity is very important. As human beings, we have the tendency to either like or dislike a certain property. But if you are in the investment business this can be a big financial mistake. That’s why objectivity is the key to success as an investor. Knowledge is the other tool that can save you from sure failure. ...

When you decide on buying a real estate property, Adam Hochfelder, a real estate businessman suggests that you pay attention to due diligence, because it is rather important, and if you don't take care of it on time, you might regret it later. Quite often, when people get excited about getting a deal done they lose sight of the mechanics of knowing what we're buying. When it comes to the commercial property there is one thing for sure, and that is that the seller always knows more about the property than you do. As a buyer it's your job to gather as much information as possible about the property, find out the things that the seller might have left out, or perhaps wasn't even aware of, and use the collected data to make an intelligent decision about the deal. As Hochfelder further explains, market analysis is always the first step of due diligence. During this process, you need to gather and analyze the information related to demographic, socio-graphic, and g...

If your next public project requires the acquisition of private property, keep reading as Adam Hochfelder thorough understanding of state regulations can help you navigate this complex process while saving you time and money. Although municipalities have the right to declare a property, still guaranteeing the rights of private property owners is required. The initial goal is to obtain a negotiated settlement, and condemnation is the ultimate last resort when there is nothing else left to do. When a state or federal funds are involved, municipalities must follow legal procedures According to Adam Hochfelder, real estate acquisition brings many challenges. For example, if municipalities somehow run out of time for real estate acquisition, they face losing grant funds, which mean they’ll have to wait for the next cycle to reapply. However, the largest threat whatsoever is probably the need to delay a project until the next construction season. Some officials underestimate the ...

For most people, including Adam Hochfelder, having your own home is a very important segment of life, which is evident by the fact that even 92 percent of NYC's real estate properties are privately owned. However, what many people often overlook is the insurance of their living space, which is equally important. Here the figure drops to only about 20 percent. The sources of financial loss to real estate company owners and managers are as varied as they are significant. You might have heard the expression, small claims do great accounts. Well, one of the reasons for this lies in the fact that we think that fires, floods, lightning strikes, and other disasters can never happen to us and that this is an unnecessary expense. In reality, many small accidents can damage or destroy our living space, whether it's a flat, a house, apartment or cottage, together with the things that are in them. According to Mr. Hochfelder when these small costs are added together, you can har...