USA Property

USA Property

House Property Tax Compromise With Braun Increases Hownowner Savings – InkFreeNews.com

Gov. Mike Braun and an Indiana House committee approved changes to Senate Bill 1, which will need to pass through the House one more time before it can head to the governor’s desk. Photo from Indiana Capital Chronicle. Whitney DownardIndiana Capital Chronicle INDIANAPOLIS — After days of silence, Gov. Mike Braun gave a thumbs up on a significant property tax amendment minutes before Republican leaders brought it to the House floor. The measure passed on a 70-27 vote along party lines. Braun made property taxes a cornerstone of his 2024 campaign,...
USA Property

New York’s Largest Mall, Destiny USA, In Default On $300M Loan As Larger Trouble Looms

An aerial view of the 2.4M SF Destiny USA mall in Syracuse, New York The owner of the 2.4M SF Destiny USA, New York’s largest mall, has defaulted on a $300M mortgage on the property.  An independent auditor's report, presented with the most recent financial statements of parent company Pyramid Management Group, says, “These conditions raise substantial doubt about the company’s ability to continue as a going concern,” Syracuse.com reported.  The default happened when Carousel Center Co., the Pyramid Management Group entity that owns the original part of the mall, didn't lock in an extension on...
USA Property

New York’s Largest Mall, Destiny USA, In Default On $300M Loan As Larger Trouble Looms

An aerial view of the 2.4M SF Destiny USA mall in Syracuse, New York The owner of the 2.4M SF Destiny USA, New York’s largest mall, has defaulted on a $300M mortgage on the property.  An independent auditor's report, presented with the most recent financial statements of parent company Pyramid Management Group, says, “These conditions raise substantial doubt about the company’s ability to continue as a going concern,” Syracuse.com reported.  The default happened when Carousel Center Co., the Pyramid Management Group entity that owns the original part of the mall, didn't lock in an extension on...
USA Property

New York’s Largest Mall, Destiny USA, In Default On $300M Loan As Larger Trouble Looms

An aerial view of the 2.4M SF Destiny USA mall in Syracuse, New York The owner of the 2.4M SF Destiny USA, New York’s largest mall, has defaulted on a $300M mortgage on the property.  An independent auditor's report, presented with the most recent financial statements of parent company Pyramid Management Group, says, “These conditions raise substantial doubt about the company’s ability to continue as a going concern,” Syracuse.com reported.  The default happened when Carousel Center Co., the Pyramid Management Group entity that owns the original part of the mall, didn't lock in an extension on...
USA Property

Can Singapore’s property market withstand US tariffs, trade wars and global market mayhem?

While the tariffs do not directly impact Singapore’s housing market, their knock-on effects on GDP growth and employment could weigh on home-buying sentiment (Photo: Samuel Isaac Chua/EdgeProp Singapore)In the Netflix series The Residence, a murder mystery set in the private quarters of the White House, there was one clear victim: the chief usher. In US President Donald Trump’s world-stage drama – the “Liberation Day” announcement on April 2 – the victim was no longer fictional but real and far more consequential: the global order.“The era of rules-based globalisation and free...
USA Property

Former Notre Dame football linemen making an impact in real estate

Notre Dame football coach Marcus Freeman on Drayk Bowen's leadershipNotre Dame football coach Marcus Freeman praises the leadership qualites of third-year linebacker Drayk Bowen, the former Indiana Mr. Football at Andrean High School.SOUTH BEND — It hasn’t been that long since Josh Lugg and Tommy Kraemer completed their Notre Dame football careers as starting offensive linemen.Yet they are proving just as effective as budding entrepreneurs in real estate management.South Bend-based Golden Legacy Partners, with Lugg and Kraemer as co-founders, announced Wednesday the strategic acquisition of ESC Property Services, which serves...
USA Property

Investing in Real Estate: 6 Ways to Get Started

Investing in real estate is a proven wealth-creation strategy. Real estate investments can also help you diversify your portfolio and protect it from stock market volatility. Let’s look at the most popular options for investing in real estate, the pros and cons, and how you can get started. Image source: The Motley Fool. What are my investment options?Here are the most popular real estate investment methods:Rental properties.REITs.Real estate investment groups.Flipping houses.Real estate funds.Let's dive deeper into how these work.Rental propertiesRental propertiesRental properties are among the most hands-on options on this...
USA Property

Real estate is red hot in Upstate NY: Homes are selling faster than in much of US

Multiple Upstate New York counties were among the fastest places to sell a home nationwide in February, according to new data.Three counties in the region were in the top 50 in the U.S. for median number of days on market for single-family homes, according to figures from Redfin, a national real estate brokerage. The data includes 697 counties with at least 50 home sales for February, which was the most recent month available.Monroe County (Rochester) was No. 1 in New York and tied for fourth in the nation with a...
USA Property

Property is power! The True Power of Homeownership in America

Property is Power In America, homeownership has never just been about having a place to live it’s about having a piece of the promise. A stake in the ground. A claim to your own future. For generations, owning property has been the clearest path to wealth, stability, and freedom. But let’s be real: not everyone was given equal access to that path. Especially in Black and Brown communities, the doors to ownership were locked tight by redlining, discrimination, and systemic injustice. But here’s the truth they don’t tell you: when...
USA Property

Calls for expropriation of flats from large US property owners in the Balearics in response to tariffs

The left-wing Podemos MP, Cristina Gómez, has proposed expropriating flats from large US property owners in the Balearics in response to the imposition of tariffs by Donald Trump’s government. She made the announcement on Monday prior to the plenary session of the regional parliament, where she also put forward some measures that, in her opinion, would make it possible to lower the current price of housing on the islands. “If the United States has decided to defend its security and autonomy by turning inwards in the commercial sphere, it may...
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