Upcoming Investments

McMILLAN... real estate is a business; treat it like one (Photo: Garfield Robinson) Purchasing an investment property is a completely different process from buying a home to live in. Yet many first-time real estate investors make the mistake of applying the same approach, often leading to costly financial missteps. At a recent Passport to Wealth forum, real estate investment strategist and CEO of McMillan Group Raymond McMillan explained that Caribbean investors can successfully build wealth through real estate — even in markets outside of Jamaica. “We have to start thinking...

In an evolving real estate landscape, South Africans and expatriates have turned their eyes toward property markets beyond their borders, with a notable surge in interest in nations like Dubai, Mauritius, and Zimbabwe. According to the Seeff Property Group, this trend reflects a blend of economic opportunity, lifestyle choices, and potential returns that are captivating high-net-worth investors. The allure of Dubai Leading the charge is Dubai, a city that has become a melting pot of investment activity. Nombasa Mawela, licensee for Seeff Dubai, reports an unprecedented swell in property transactions...

Customers of New Mexico's largest electric utility experienced a sharp increase in power outages last year following a steady rise in service disruptions over the past decade, a new report shows.Public Service Company of New Mexico's power reliability report is the first one the utility has submitted to state regulators since the Public Regulation Commission passed a rule last year requiring annual reporting of outages.PNM says its overall system reliability is still 99.85% — lower than in recent years but above nationwide averages.It saw increases last year in most of...

Share Tweet Share Share Email Feeling lost in the investment jungle? Navigating the twists and turns of financial decisions can feel overwhelming, especially when it comes to homeownership. It’s more than just bricks and mortar—it’s an evolving investment with long-term potential. But without a clear view of where things stand, how can smart decisions be made? That’s where financial technology steps in, offering solutions that redefine how homeowners and investors monitor and manage their assets. Imagine a sleek, AI-powered tool that acts as a financial GPS, providing real-time...

A Press Democrat reporter who had been alerted to a possible confrontation saw Mattson, dressed in a black track suit, toss a set of car keys to his wife, Stacy. He walked a half-block to 1st Street West in silence and climbed into the passenger seat of their black GMC Yukon, which Stacy Mattson had pulled from the parking lot to the street. He didn’t acknowledge the Wake Up Sonoma members. Nor did he reply to a Press Democrat reporter who recorded video of the scene and requested an interview....

Connor Clark & Lunn Investment Management Ltd. lessened its holdings in shares of Universal Health Realty Income Trust (NYSE:UHT – Free Report) by 21.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,913 shares of the real estate investment trust’s stock after selling 5,504 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.14% of Universal Health Realty Income Trust worth $741,000 at the end of the most recent quarter. Several other institutional...

The pandemic has rekindled a new trend: Financial Independence and Early Retirement (FIRE) among young individuals. However, this requires not just a significant retirement corpus but also sustainable passive income to manage expenses. To this end, many prefer fixed deposits, whose returns just keep pace with inflation, while many prefer real estate. Real estate investment has dual benefits—one is capital growth, while the other is the rental yield if the property is rented out. However, buying property itself is a costly affair and is out of reach of many. Having...

Listen to this article A Syracuse-based real estate investment firm has purchased another property in Rochester, expanding an already extensive portfolio of industrial facilities. Ironhorn Enterprises, through Excel Drive Properties, LLC, paid $1 million for the 2.34 acres and the 21,356-square-foot building at 10 Excel Drive in Rochester. The deed was filed Thursday with the Monroe County Clerk’s Office. The seller was 10 Excel Drive, LLC, an entity managed by Jeffrey S. Sherwood, owner of Premier Sign & Awning Systems, LLC. The property was home to his business and is...

Johnson & Johnson has laid out plans to raise U.S. investments by 25% to more than $55 billion over the next four years, as a threat of drug import duties by the Trump administration compels companies to expand their manufacturing operations domestically.The pharmaceutical giant JNJ.N said on Friday it planned to build four new plants as part of its investment, one of which would be set up in Wilson, North Carolina, where it officially broke ground earlier in the day. J&J did not disclose where it plans to build the...

FERGUSON TOWNSHIP — The state has tasked Pennsylvania’s largest for-profit water utility with improving service for customers of a struggling rural system while also negotiating a sale to a nearby municipal authority.The Pennsylvania Public Utility Commission unanimously backed an emergency request from the state’s consumer advocate to appoint an interim operator — also called a receiver — of the privately owned Rock Spring Water Company. It hopes Pennsylvania American Water Company can provide some relief to customers who’ve endured more than a decade of service issues.An order issued Friday makes...