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Angel Santana Garcia | Istock | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.The days of landlords knocking on doors for monthly rent checks, or tenants going after landlords to fix a leaky toilet are slowly coming to an end. Technology has been stepping in to address the needs of tenants, landlords and large multifamily…
People move through a crowded JFK International Airport days before the 4th of July holiday on July 02, 2024 in New York City. As the summer travel season takes off, millions of Americans and tourists are experiencing long delays and congestion at airports, train stations and on highways. July is the busiest month of travel in the U.S.Spencer Platt | Getty Images News | Getty ImagesMaking money in the summer is not as easy as it used to be for airlines.Airlines have drawn down their schedules in August for a variety of reasons. Some travelers are opting to fly earlier,…
Westend61 | Westend61 | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.As the world’s rich have gotten richer, their investment firms have doubled down on private assets such as direct lending and data centers.The number of family offices with allocations to private markets has surged by 524% since 2016, rising from 651 to 4,067, per Preqin data. This increase surpasses that of wealth management firms (410%) and endowments and foundations (81%) with allocations to private…
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