WeSaySold.com Logo WeSaySold.com, a real estate sales and investment company announced that it has been sold to women entrepreneur and real estate investor Sue Borrelli. I’m excited to buy an already-established brokerage. My passion for serving people will transfer nicely to the real estate business.”— Sue BorrelliMELBOURNE, FLORIDA, 32901, November 16, 2018 /EINPresswire.com/ -- WeSaySold.com, a Melbourne, Florida technology-focused real estate sales and investment company announced that it has been sold to women entrepreneur and real estate investor Sue Borrelli. Founder, James Timothy White says, “I love starting businesses, building them and then selling them to entrepreneurs who can nurture and grow them, it's not about the money, it's all about the art of building a business and seeing what you knew was possible become reality.” Buyer, Sue Borrelli said, “I’m excited to buy an already-established brokerage. My passion for serving … [Read more...] about Melbourne, Florida Real Estate Brokerage WeSaySold.com Has Been Sold to Real Estate Investor Sue Borrelli
Becoming a real estate investor
Amazon’s HQ2 in Virginia Leaves a Real Estate Firm Poised to Cash In
Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | Amazon’s HQ2 in Virginia Leaves a Real Estate Firm Poised to Cash In Supported by ByJulie Creswell Nov. 14, 2018 Two years ago, Matt Kelly couldn’t have known that a failed merger involving his real estate firm would propel him toward a central role in Amazon’s expansion plans. In May 2016, Mr. Kelly and his firm, then known as the JBG Companies, had an agreement to merge with a large real estate investment trust based in New York. But shareholders of the New York fund balked, and the deal collapsed. A few months later, JBG, based in Chevy Chase, Md., had a new partner. In a deal valued at $8.4 billion, JBG merged with a Washington unit spun off from the real estate behemoth Vornado Realty Trust. The new company, JBG Smith, with Mr. Kelly as chief executive, became the dominant … [Read more...] about Amazon’s HQ2 in Virginia Leaves a Real Estate Firm Poised to Cash In
City of San Francisco falsely accuses successful African American Real Estate Investor and charges her for $2.5 million
Anna Kihagi, a real estate in San Francisco SAN FRANISCO, Calif. (BlackNews.com) — Is cultural lynching still at work in utopic San Francisco? The City of San Francisco has waged a race war against Anna Kihagi, a successful African American real estate investor who has challenged the unjust practices in the properties under her management. So, what is her crime? Does she overcharge or discriminate? The answer is quite simple: her crime is being a successful Black woman. In 1892, Ida B. Wells exposed the mob violence and lynching in the South that targeted successful Black business owners. More than a century later, a successful Black woman is still facing persecution in the predominantly white city of San Francisco. Kihagi was born in Sub-Saharan Africa and raised by English nuns in a boarding school from the age of eight. She is a passionate believer in the American dream, working tirelessly and earning admission to the prestigious MBA program at the Wharton … [Read more...] about City of San Francisco falsely accuses successful African American Real Estate Investor and charges her for $2.5 million
Chinese Real-Estate Investors Retreat From U.S. as Political Pressure Mounts
Chinese investors have become net sellers of U.S. commercial property for the first time in a decade, reflecting China’s crackdown on foreign investment and growing tensions between the U.S. and Chinese governments. After years of binge-buying trophy real estate, Chinese investors sold $1.29 billion worth of property in the second quarter of 2018, according to data firm Real Capital Analytics. During the quarter, Chinese investors purchased only $126.2 million in commercial real estate.... … [Read more...] about Chinese Real-Estate Investors Retreat From U.S. as Political Pressure Mounts
Henrico-based Capital Square 1031 on a ‘growth spurt’ as boomers seek tax-deferred real estate investments
Louis J. Rogers was fresh out of law school in 1984 and just starting with the law firm Hunton & Williams in Richmond when he got an assignment that turned out to shape his career.A client who owned a hotel was looking for ways to sell it without getting hit with a big tax bill. Rogers was tasked with finding a solution. He recalls hunkering down in a research room on an early Lexis computer terminal.“Three days later, I emerged with an answer,” Rogers recalled recently in his Henrico County office of Capital Square 1031, the real estate investment and management company he founded in 2012.The answer was in a part of the federal tax code dating from 1921 that deals with what is commonly referred to as a 1031 exchange under Section 1031 of the Internal Revenue Code. Section 1031 allows a real estate investor to sell a property and defer the capital gains taxes by reinvesting the proceeds into “like kind” property, essentially swapping one investment property … [Read more...] about Henrico-based Capital Square 1031 on a ‘growth spurt’ as boomers seek tax-deferred real estate investments