TOWN Residential: Keeping Up With New York’s Upward Trend

TOWN Residential: Keeping Up With New York’s Upward Trend

In the past year, prices of New York real estate have continued to skyrocket. some record sales were made for condos, townhouses, and homes. Almost every previous record in New York home sales was exceeded. One notable example is a penthouse at 157 W 57th St that was sold for $100.4 million.

Another record is scheduled to be shattered in the coming years when a $200 million sale will be made in Central Park South. This upward trajectory of house sales is unlike anything the market has seen before. As signed contracts continue to close throughout the upcoming years, more of these record breaking sale prices will show up. With the huge amount of wealth and large inventory of million dollar homes in New York, there will continue to be huge sales in the luxury market of homes.

Many buyers of high dollar luxury homes are foreigners, especially from China. Due to the uncertainties of governments in other countries, foreigners choose to invest there money in the Unites States because of its security.

TOWN Residential, founded in 2010, has proved itself time and time again as New York’s front runner when it comes to apartments for sale services. Their professional and expert representatives are able to seamlessly execute sales of luxury homes in New York. TOWN Residential has a variety of expertise in the sales of luxury residence, including sales and leasing; marketing initiatives; commercial and retail real estate. With uncompromising principles, TOWN Residential has raised the bar in New York with the highest standard of excellence in the industry.

The team of professionals at TOWN Residential possess expert knowledge and experience in the industry. These industry leaders have won TOWN Residential several awards, including on of the top fifty employers in New York and one of the best real estate firms to work for. The unique culture of TOWN Residential provides an unprecedented level of service, as well as expertise to their clients.

Nobilis Health A Top Pick & Shining Star

Nobilis Health A Top Pick & Shining Star

Nobilis Healthcare company is a full-service healthcare development and management firm. Trends show the company has been quite successful and achieved high organic growth the past few years. Nobilis Health owns and operates ambulatory centers all over the United States. Worldwide markets are down substantially heading into the fourth quarter of 2015. Despite this a comprehensive report from Mackie Research Capital dedicated to their analyst’s top picks for Q4, Russell Stanley says Nobilis Health Corp. (NHC-TSX) is his pick. In his own words Nobilis is “bucking this trend” of declining stocks. At the time the report was published in October 2015, Stanley predicted a 72 percent return on investment for stockholders owning shares of Nobilis. He believes that the rise in obesity and aging population contribute to a better financial picture than what had been anticipated for Nobilis. He also credits the company’s strong track record when it comes to merger’s and acquisitions and although not the only acquisition a notable $7.5 million dollar cash acquisition in September 2014 of First Nobilis Hospital is recognized. The analysts on Yahoo Finance also said their are macro trends supporting this prediction of growth for the company. The company has shown strong financial growth over the past few years and was able to close on a $25 million debt financing facility with GE Capital, Healthcare Financial Services.The funding of the $25 million facility, which closed on March 31, 2015, includes a $20 million term loan and $5 million revolving loan. The deal includes a working capital line of credit and a plan to use the facilities to help grow in addition to paying off other indebtedness. As of March 2015, Nobilis owns and manages ten healthcare facilities, a surgical hospital, six ambulatory surgery centers, two MRI centers and an urgent care center all in the United States. Nobilis also has marketing relationships with 16 additional surgical centers across the US. If you are looking for an outstanding company to invest in you should check out Nobilis Health, they truly are a shining star in their field. The primary goals of the company is to provide better access to care and patient outcomes due to non invasive procedures offered at the centers across the United States. They also use direct to patient marketing strategies to increase their outreach and patient engagement. With the right goals in mind, the financial success seems to follow.

The Growth of New York City Real Estate

The Growth of New York City Real Estate

As real estate in New York City is growing in popularity, more and more people are turning to Brooklyn for luxurious apartments. Recently in news, Brooklyn’s new development inventory has been sold for 1.7 billion dollars in September. Just to demonstrate how popular Manhattan really is, between November 9th and the 15th, 70 contracts were signed that leased luxury apartments. The pricing on each leased out apartment was 4 million dollars and above. This current status has made New York City one of the strongest real estate regions in the United States. What makes New York City so popular is the fact that it is a cosmopolitan area that has neighborhoods and homes for everyone.

The 1.7 billion dollar multifamily sale in September was a 97 percent jump in regards to dollar volume. Nearly half of the development inventory in Brooklyn has been sold. As of recently, there have been only a reported 550 apartments that are left on the market in New York City real estate. With the historical average of overall vacancy at 10.6 percent, It is shown that vacancy is increasing. As of present day, the overall vacancy has dropped to a mere 8 percent of apartments left for new arrivals.

For those who are planning to either move to New York City or change apartments, one of the most credible real estates to turn to is Town Residential. Town Residential was established in 2010 by Andrew Heiberger and Joseph Sitt. What this company offers is a unique and individualized experience that will gain the client a brand new apartment that was exactly what they asked for.

Town Residential’s team of professionals have been expertly chosen based upon their leadership, integrity, as well as their excellence. Every client that chooses Town Residential receives a unique experience. The apartment that is shown to the client has been carefully chosen based upon the criteria set by the clients.

As New York City becomes more and more populated, weekly real estate reports show just how popular New York City really is. One of the hottest new types of apartments to buy are luxury apartments which are selling fast. What makes an apartment titled a luxury apartment is not only the price but also the wonderful amenities that are offered along with the apartment. As New York City is one of the most globalized cities in the world, it is not a surprise that with globalization comes population.