Beachfront terrace at 32 Windmill Lane. Gavin Zeigler for Sotheby’s International Realty The East Hampton estate built and owned by James H. Evans, former chairman and CEO of rail giant Union Pacific, is on the market for $60 million. The roughly 6.7-acre, two-lot property at 32 Windmill Lane is now second on the list of
Real Estate
Customers shop at a Home Depot store in Chicago, Illinois. A shortage of single-family homes for sale in the U.S. is driving up home prices and causing many home owners to renovate rather than move, which is driving up earnings and stock prices for Getty Images Amid the shuttering of many brick-and-mortar stores and slow
This adaptable house design by Greg Tamborino was the winner of an affordable housing design contest. Greg Tamborino/American Institute of Architects Chicago What if you lived in a house that was designed to change over time as needed? As a young couple, you might live on the lower level and rent out the two bedrooms
Initial Public Offering Getty The number of REIT initial public offerings, or IPOs, has certainly fallen from the good old days. In 2013, for instance, there were 19 of them in all. In 2017, however, there were nine REIT IPOs that, together, raised around $2.9 billion in gross proceeds. For 2018, that number dropped down
Let’s start by saying that I am an optimist by nature. I see the glass three-quarters full, not half, and I am passionate about real estate and its role in growing my wealth. That being said, I often speak with investors about their real estate investments, and often hear how optimistic they are about the