archiveproperty

USA Property

Florida insurance execs’ pay of $50M raises worry about firms failing

Amid reports about eye-popping insurance executive pay and undercapitalized new insurance companies, leaders of the state-run insurer are raising an alarm about the potential of a new cycle of insurers going under — again.The Citizens Property Insurance Corp. met June 25, shortly after revelations that two executives of the 3-year-old, Tampa-based Slide Insurance — one of the companies now collecting premiums from former Citizens’ policyholders — were paid $50 million in their first two full years running the business.'Grotesque': Husband-wife insurance execs earn more than $50 million in 2 yearsCharles...
USA Property

Gov. DeSantis’ property tax cut push in Florida fails but will be back

The problem: Reducing or getting rid of property taxes would eliminate dollars local governments rely on for needed services.How well will the Florida Legislature work with Gov. Ron DeSantis?FLORIDA TODAY's John Torres discusses the 2025 legislative session with reporters James Call and John Kennedy in this excerpt fro the Florida Pulse.Florida lawmakers excluded property tax cuts from the recently approved state budget and tax package.House and Senate leaders plan to study the potential impact of property tax reductions on local governments before considering further action.While a potential property tax cut...
UK Property

Climate change and property – solicitors’ questions answered

Physical climate risks Senior knowledge lawyer Amy Allen explains how physical climate change risks could affect property transactions. She also discusses what solicitors are qualified to advise on. Section 2.1 of our climate change and property practice note has more information on physical climate risks. Transition risks Amy shares examples of transition risks in a property context. Section 2.2 of our climate change and property practice note has more information on transition risks. Legal or liability risks Amy outlines how legal or liability climate risks may arise and why property...
UK Property

Schroders’ Nick Montgomery: UK real estate is in an unprecedented period

Schroder REIT manager Nick Montgomery (pictured) says UK commercial real estate is in recovery following an ‘unprecedented’ period in which rents rose while values fell. The REIT, which Montgomery manages alongside Bradley Biggins, announced its results for the year to the end of March last week, revealing an 11% net asset value total return over the period — Schroder REIT’s strongest annual performance since 2022. UK commercial property has undergone a correction over the last few years, with most sectors falling by up to 25% after peaking in 2022 according...
UK Property

Schroder’s Nick Montgomery: UK real estate is in an unprecedented period

Schroder’s REIT manager Nick Montgomery (pictured) says UK commercial real estate is in an ‘unprecedented’ period as rents continue to rise while property values fall. The REIT, which Montgomery manages alongside Bradley Biggins, announced its results for the year to the end of March last week, revealing an 11% net asset value total return over the period — Schroder REIT’s strongest annual performance since 2022. UK commercial property has undergone a correction over the last few years, with values in most sectors falling 25% after peaking in 2022 according to...
USA Property

Will Palm Beach County property taxes increase?

The county millage rate will stay at $4.50 and the housing prices are leveling off so what is the root of a likely increase in property taxes for Palm Beach County homeowners?Palm Beach County news: Charlie Woods' golf game; Trump's travel banCharlie Woods finished the Amateur Championship, Guy Fieri sells Lake Worth mansion, Donald Trump puts travel bans on twelve countries.Palm Beach County homeowners will likely see a property tax increase in 2026 due to rising property values, despite a stable millage rate.New construction fueled a significant portion of the...
UK Property

Property expert reveals ten things homeowners can do on the cheap (or for free) right now to add value to their home in time for a summer sale

A property expert has revealed her top tips for homeowners looking to sell their homes this summer.Liv Conlon, 26, originally from Glasgow, runs an award-winning property staging business that furnishes over 400 homes a year to make them more appealing to potential buyers, as well as StagerBoss - a coaching business that teaches other women how to do the same.This summer, experts are predicting a summertime boom with increased interest from potential buyers, Liv explained, adding that property prices are also expected to rise.However, she added, 'This doesn't mean your...
USA Property

Revaluations to be conducted every 5 years

Oshkosh last conducted a property evaluation in 2017 prior to last year.OSHKOSH – Common Council is continuing to address the city’s property tax concerns.Oshkosh will now conduct property revaluations every five years, beginning with a planned assessment in 2025, to avoid a repeat of the revaluation calamity that resulted in this year’s spike in property taxes.City council unanimously passed the resolution 7-0 during the June 10 common council meeting after Oshkosh’s failure to conduct regular property evaluations saw the combined assessed value of residential properties jump by 53% last year.“It’s...
Upcoming Investments

Oakmere Property Partners Launches Exclusive New Investment Opportunity for High Net Worth Investors

Above: The Oakmere Property Partners Senior Management Team, 27th May 2025, (Alice Sandra, Charles Hague, John Philips, Colin Stead, Aran Henry) LONDON, June 10, 2025 (GLOBE NEWSWIRE) -- Oakmere Property Partners, the residential investment division of Oakmere International Ltd, today announced the launch of a new development-backed investment opportunity aimed at high net worth individuals, family offices, and institutional investors.Focused on high-demand regions in Greater London and The Home Counties, the initiative offers investors exposure to income-generating residential developments in established and growing communities. The opportunity leverages Oakmere's vertically integrated...
1 22 23 24 25 26 31
Page 24 of 31