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...

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...

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...

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...

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...