Dan Loeb, Third Point drop CoStar stake after activist campaign
Third Point hedge fund maven Dan Loeb isn’t simply ending an activist campaign pushing for change at the CoStar Group, the firm is washing its hands of the real estate data firm completely. Loeb’s hedge fund liquidated its position in CoStar after failing to get the desired results from its pressure
Manhattan property sales hit five-year high in Q1
Manhattan’s commercial property market is so back…at least so it seems. In the first quarter, there were 92 transactions in the borough — encompassing multifamily, office, retail, development and conversions — totaling $3.7 billion traded, according to the Commercial Observer, via an Avison Young re
When Homeowners Become Landlords: How to Know It’s Time to Turn Your First Home Into a Rental
Key Takeaways: – Start with cash flow — rent must exceed expenses (or come close).– Check financing — mortgage terms, equity, and refinancing costs matter.– Location and property type drive rental demand and performance.– Being a landlord takes real time, effort, and responsibility.– Prep your home
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