Developer Michael Cantor Auctioning $11M Jersey Shore Mansion

Cantor Companies CEO Michael Cantor and the home in Rumson, New Jersey (Cantor Companies, Concierge Auctions)

A prominent real estate developer is taking the unusual step of auctioning off one of his homes — and not just any home.

Michael Cantor is putting his waterfront mansion in Rumson, New Jersey, up for bid this week through Concierge Auctions. It will be offered without reserve or minimum bid from July 22 to July 27, according to Mansion Global.

The 3.71-acre property on the Jersey Shore is listed by Burke and Manna for $11 million.

The Cantor Companies CEO bought the home in 1983, expanding and upgrading the property over the past four decades. The 13,000-square-foot living space comes with seven bedrooms, eight bathrooms and three half-baths, plus a library, billiards room, gym and wet bar.

There’s also 200 feet of dock space that goes 12 feet deep. Additionally, the property has

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Skaneateles Actual Estate Information

However, it’s to be famous that these reforms have been aimed on the growth of the economic system in the long run, together with which, the real estate would have improved too.

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A “CU” is what is called a Certificates of Use in real estate investing. ARMs were most popular in the course of the housing growth, which discovered patrons hurrying to ARMs with the hope of selling their properties at a premium before charges normalized. The top came when prices started to fall and the sharp increase in month-to-month funds saddled buyers with bills that had been greater than they bargained for. The bottom Angel the Real Estate line is to do this type of analysis solely after you have gathered arduous information, in order that you don’t misinterpret the signs. For example, foreclosed homes can generate multiple bids and fast sales, usually in all-money offers—but … Read the rest

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FirstService Residential Named Property Management Company for The Collection

HOLLYWOOD, Fla., July 21, 2021 /PRNewswire-PRWeb/ — FirstService Residential, North America’s property management leader, has been selected to provide property management services for The Collection. The Collection is the newest residential condominium in the heart of the art district in downtown Sarasota, and among the finest examples of what boutique residential condominiums strive for. This architecturally impressive project consists of very exclusive residences that range in size from 2,500 to 3,600 square feet.

The units at The Collection enjoy soaring ceiling heights with incredible expanses of glass and luxurious materials surrounding you throughout. This 10-story tower will be home to only 12 architecturally unique residences. This property will include a sport pool, a hot tub, a spacious deck, a cabana, outdoor fire pit, temperature-controlled storage, professionally designed fitness and yoga facility, a sauna, a boardroom, and a social lounge that opens up to an incredibly beautiful and exclusive

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Median sales price for homes in Phoenix hits $400,000

June created the perfect trifecta for a hot housing market: June home sales and prices both set report records, while inventory grew for the first time in 15 months. The record-setting industry saw the median sales price for homes in Phoenix hit $400,000, a 30.1% year-over-year increase.

The month of June, typically the biggest month of the year for home sales, saw sales soar 14.2% over a strong May and top all other months in the 13-year history of the report, which spans 53 metro markets. The Median Sales Price of $336,000 was also a report record, eclipsing the previous record of $320,000 – set in April and tied in May – by 4.9%.


READ ALSO:  5 Arizona housing market predictions for 2021


 The number of homes for sale, meanwhile, grew 1.9% over May – the first increase since March 2020. Inventory, however, still remained 37.5% below June 2020

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What You Need To Know About The Housing Market

Tony Strickland (R) as a prime “Younger Gun” recruit. First off, ensure the estate agent is licensed and test his or hers references. Ayers is a rare exception.

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, the online actual property market, reported this week that dwelling values fell eleven.6 {b9ed0d702d3ba8e4d01e3cc439346676b0a06aa12874486e48faea11a2aa21df} in 2008. Nonetheless, you will have to wait a big amount of time for the financial system to recover to be able to recoup your funding. When you plan on dwelling within the property that you put money into, timing might not be as huge of an element. So long as you can make payments and maintain the property in fine condition, you may have the entire time on the earth to wait out a shaky economy. I simply authored a publish on Rain City Information (a smokin’ hot real estate blog) concerning a property’s legal description and the importance of together with … Read the rest

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Santa Barbara Property Manager Accused of Embezzling $700,000

Adam Pirozzi | Credit: Courtesy

District Attorney Joyce Dudley announced Thursday that felony embezzlement charges have been filed against Adam Michael Pirozzi, 40, of Santa Barbara. Pirozzi has also been charged with financial elder abuse and an aggravated white-collar crime enhancement, Dudley said.

Pirozzi’s arrest stems from an investigation into his local property management company called AMP Core, Inc., which went by several fictitious business names including Santa Barbara Property Management and Harbor View Real Estate. Authorities allege Pirozzi embezzled more than $700,000 from approximately 100 of his AMP clients.

Few other details of the case have been provided, and the investigation is ongoing. Anyone with information is asked to contact District Attorney Investigator Kristin Shamordola at (805) 560-1044.

Pirozzi is scheduled to be arraigned on August 26 in Santa Barbara Superior Court.


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Misguided DOJ Efforts Could Derail What a Pro-Consumer Real Estate Market Bolsters — RISMedia |

As a small business owner and president of the National Association of REALTORS® (NAR), I want to set the record straight on misconceptions by some about the real estate industry.

Commissions for real estate agents and brokers are negotiable. Always have been. Always will be. Let’s put that on the table right now.

Like most transactions in the American economy, market forces set individual commission rates to provide for competition among brokers, increase efficiency for consumers and ensure we are providing the most market-driven and best possible service to our clients.

It’s the free market at work, and the reality is that the commission structure gives everyday Americans critical advantages they otherwise wouldn’t get. That structure is what ultimately makes it possible for many people to realize the dream and benefits of homeownership.

That same free market makes it possible for small business owners to earn a living as real

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Atlanta Suburb Indicates Financial Well being

Whether or not it’s oil, gold, houses, or a school education. Finally, the bubble bursts – when the commodity turns into so expensive that nobody can afford to purchase it, apart from the speculators.

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A rising trend in many suburbs in the number of illegal marijuana grow houses that not only destroys the homes involved but can even effect property values in the neighborhood. If you’re searching for a property in a desired space reminiscent of Dawn Bay I’ve three great choices for you. Click here to view the property that has a partially completed foundation and could also be simply the ticket for a contractor looking for a venture to complete for future resale. This link will entice these looking for the best location to build their retirement home. Working street to road and properly elevated, sea views will be enjoyed from this huge … Read the rest

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What’s Next for the Future of Hotel Property Management Systems – Skift

As the hospitality industry finally rebounds from the effects of the global pandemic, operators are seeking new technological solutions to upgrade to the shifting landscape. By embracing the right technology for their business — especially property management system infrastructure — hotels stand to benefit strongly in the new era.

SkiftX spoke with Kevin King, chief operations officer at Shiji Group, about the transitions currently taking place in the industry, what operators should be thinking about when it comes to property management technology, and how the industry is setting itself up for future innovation and growth.

SkiftX: Shiji has expanded globally over the last few years by growing its portfolio and opening new offices. What’s the strategy behind this?

Kevin King: Our chairman set some milestones on where we should be heading in the coming years. One of those points was to become a truly global company, servicing the hotel industry

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Homes That Sold for Around $600,000

Each week, our survey of recent residential sales in New York City and the surrounding region focuses on homes that sold around a certain price point, allowing you to compare single-family homes, condos and co-ops in different locales.

The “list price” is the asking price when the property came on the market with the most recent broker. The time on the market is measured from the most recent listing to the closing date of the sale.

New Jersey | 4 bedrooms, 2 baths

This 88-year-old, 1,972-square-foot house has a living room with a fireplace and archways, a kitchen with stainless-steel appliances and a detached one-car garage, on 0.12 acres.

9 weeks on the market

$585,000 list price

11% above list price

Costs $12,901 a year in taxes

Listing broker Weichert, Realtors


Long Island | 3 bedrooms, 2 baths

A

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