Wednesday, April 23, 2014

Supreme Court supportive to property owner in wetlands disagreement

The United States Supreme Court on Wednesday appeared likely to rule that homeowner can challenge the federal government in court over the requirement for permits under a nationwide water security law in a case including companies prepare for a Minnesota peat mine.

The court heard a one-hour argument in a case balancing property rights and environmental law, in this instance the landmark 1972 U.S. Clean Water Act. A majority of the eight justices appeared supportive towards North Dakota-based Hawkes Co Inc., which is combating an Obama administration finding that its property consists of wetlands.

Sunday, April 20, 2014

From yurts to castles, renting your home to short-term guests is a booming market:

From yurts to castles, renting your home to short-term guests is a booming market: 9 leading suggestions for Airbnb property letting success

George Osborne's Budget may have done little to enhance his reputation, however the Chancellor's new rules for little traders renting rooms (or whole houses) looks likely to improve small entrepreneurs.
In future, we will all have the ability to make up to 1,000 through property lettings before paying tax.

Platforms such as Airbnb and the London vacation rental firm Veeve forecast a quick growth in the number of 'hosts' excited to hire everything from an airbed in their living rooms to a high-end penthouse.

Friday, March 14, 2014

Marcus & Millichap's IPA Division Closes Record Seniors Real Estate Portfolio Sale in Texas

Marcus & Millichap (NYSE: MMI) today revealed its Institutional Property Advisors (IPA) division has closed the sale of a senior citizen’s real estate portfolio consisted of 33 knowledgeable nursing centers with approximately 4,200 certified beds and some shovel-ready development opportunities in South Central Texas. The transaction is the biggest seniors housing sale on record in Texas.