real estate News

Insurers Favor Warehouse Investments Over Offices as Pandemic Hastens Real Estate Shifts

Global insurers want to increase investments in commercial warehouses as their stakes in office space become riskier because of employees working remotely during the novel coronavirus pandemic, Goldman Sachs Asset Management (GSAM) executives said. The pandemic is hastening a shift …

N.J. Couple Spooked by ‘Watcher’ Sell $1.4 Million Home at Loss

The New Jersey family plagued by a stalker’s spooky letters mailed to their $1.4 million dream home in Westfield has sold the six-bedroom property at a loss. The “Watcher” house, at the center of an unsolved criminal investigation in one …

Fla. Lawmakers Mull Bill that Would Allow Documents to be Signed Online

TALLAHASSEE, Fla. — The Florida legislature is considering making it possible for people to have legal documents notarized online. House Bill 409 would make signing official documents, such as a will or power of attorney, quicker and more convenient in …

New Empire Group Names Jim O’Neill to Head Newly Formed Wholesale Division

Island Park, NY, 09/27/12 – New Empire Group, Ltd announced the formation the “New Empire Group Wholesale Division” to be headed by James F. O’Neill, the current Executive VP. New Empire Group, Ltd. is a state-of-the-art managing general agent specializing …

Real Estate Matters Top List of Legal Malpractice Claims: Survey

For the first time since the American Bar Association began conducting surveys of legal malpractice insurance claims beginning in 1985, insurers reported a higher percentage of claims involving real estate than any other area of law. Real estate, personal injury-plaintiff …

ACE Launches New Hospitality and Real Estate Products

ACE USA, the U.S.-based retail operations of the ACE Group, announced the introduction of umbrella policy endorsements, designed to address risks faced by the hospitality and real estate industries. Two new endorsements expand coverage for hotel operations and restaurants and …