USA Property

USA Property

Peter Thiel warns of ‘catastrophe’ in US real estate — but sees ‘windfall’ for 1 class of boomers.

The Free Press/YouTube Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. As a co-founder of PayPal and the first outside investor in Facebook, Peter Thiel is widely recognized for his expertise in the tech world. But lately, the billionaire venture capitalist has been sounding the alarm on an entirely different sector: real estate. During an interview with The Free Press, Thiel drew upon the insights of 19th-century economist Henry George to underscore the gravity of America’s real estate crisis. “The basic Georgist...
USA Property

Indian American real estate tycoon Anita Verma-Lallian closes $51 million data centre deal in Arizona

Anita Verma-Lallian and Chamath Palihapitiya Arizona Land Consulting (ALC), a data centre investment fund led by Indian American real estate investor Anita Verma-Lallian, has recently closed on a landmark $51 million land deal, strengthening its position as a driving force in Arizona’s AI infrastructure race. Well-known Silicon Valley venture capitalist Chamath Palihapitiya also joined the investment group backing the deal, alongside other prominent tech investors. "Partnering with Chamath represents more than just capital. It's an alignment of vision for America's AI future. When you have Bill Gates building his smart...
USA Property

Property Brothers build DIY empire

Jennifer Bradley Franklin  |  Studio GannettDrew and Jonathan Scott are household names, known for their playful banter, attention to detail and commitment to quality on the home renovation projects they film for television shows such as "Property Brothers," "Celebrity IOU" and "Brother vs. Brother." The 47-year-old identical twins — Jonathan, a licensed contractor, and Drew, a real estate agent — didn’t set out to become the most famous siblings in the home improvement industry. Still, they have embraced the journey and sit at the helm of what could easily be...
USA Property

Who Is Joseph Neumeyer? US-German Citizen Arrested For US Embassy Firebomb Plot In Tel Aviv

Joseph Neumeyer, 28, was arrested for allegedly attempting to firebomb the US Embassy branch in Tel Aviv and making death threats against President Donald Trump, federal prosecutors announced Sunday. Neumeyer was taken into custody by FBI agents at John F. Kennedy Airport in New York City after being deported from Israel. Authorities say Neumeyer traveled to Israel in April. On May 19, he allegedly approached the US Embassy in Tel Aviv carrying a backpack, spat on an embassy guard without provocation, and fled as the guard tried to detain him....
USA Property

How Nashville’s property tax bills compare to other TN counties

Here's how to properly calculate your property tax billNot sure how to calculate your property tax bill? Here's how to do it properly.In 2023, Davidson County led all Tennessee counties in total property tax per capita at $2,161, according to a Sycamore Institute study of property tax rates and capacity across the state.The study argues that a tax rate on its own tells us "very little" about whether residents in a Tennessee county actually pay high or low property taxes overall.Some Nashvillians are bracing for the prospect of a higher...
USA Property

Government attacks on private property ignore and upend American legal tradition

4-minute readAndrew P. Napolitano  |  Special to the USA TODAY NetworkCan FBI be sued if agents raid wrong house? Supreme Court to weigh in.Trina Martin, son Gabe Watson and partner Toi Cliatt seek compensation after their house was mistakenly raided by the FBI.The British government's use of general warrants, allowing searches of colonists' homes without specific cause, contributed to the American Revolution.The Fourth Amendment, designed to protect the right to privacy and property, requires probable cause for government searches.The author argues that the probable cause standard is insufficient, as natural...
USA Property

Amid deadlock on budget, DeSantis pushes to cut property taxes

No state has yet eliminated property taxes and in Florida they are the biggest source of dollars for 51 of 67 counties and almost half of the state’s 411 cities.With Florida lawmakers now in overtime trying to settle a state budget, the prime source of financing for many cities and counties could soon be headed for the chopping block.In whatever budget deal is decided by the Legislature, Gov. Ron DeSantis wants included some kind of commitment to rolling back property taxes – now or through a ballot question put before...
USA Property

SC’s $144M industrial sales were 3 of the priciest in the US

As South Carolina continues to be a hub for industrial growth, three sales were among the biggest in the nation in 2024.A $68.6 million deal in Rock Hill landed at No. 9 on the Society of Industrial and Office Realtors' Top 50 Transactions based on the sale price. A $50 million transaction in Summerville followed at No. 19, and a $25 million deal in Lugoff took the No. 47 spot.In the tricounty, Harbor Commercial represented the buyer in its $50 million purchase of the 753,222-square foot former Fruit of the Loom warehouse...
USA Property

Climate disasters are raising risk of US home repossessions, warns research group

Stay informed with free updatesSimply sign up to the Climate change myFT Digest -- delivered directly to your inbox.Climate-related disasters are raising the risk of home repossessions in the US and could cause billions of dollars in annual mortgage-related credit losses over the next decade, according to a new report by a risk-modelling group.The report was released as the economic toll of the latest tornadoes that swept through Missouri and Kentucky, leaving at least 25 people dead and scores injured, was still being calculated.Uninsured damage from flooding, as well as...
USA Property

Texas real estate agent’s companion in fatal Mercedes incident has criminal past

William Kistler, the mysterious 26-year-old companion of the Texas real estate agent who was fatally shot after the pair allegedly brushed against a parked Mercedes, has a lengthy criminal record.According to FOX 4 Dallas, 28-year-old Ashlee Long was leaving a bar in downtown Dallas on April 5 with a group of friends, including Kistler.Dallas police said that Kistler "reached out and brushed his hand along the passenger side of a passing Mercedes as they were walking across the street." Investigators said that 34-year-old Kendrick Finch then exited the passenger side...
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