by Victor Jung | Feb 24, 2022 | Business, Entrepreneurship, Financing, Leadership, Real Estate, Victor Jung
The National Football League (NFL) has decided to prohibit crypto-related transactions at this year’s Super Bowl because they could open the door to fraud or other illicit activity. Is the NFL’s ban temporary or permanent? Much like the NBA has a ban on...
by Victor Jung | Nov 18, 2021 | Real Estate, Victor Jung
It has been a tough time since the pandemic struck the world and changed the way everything works. Many industries managed to pivot rapidly and adapt to the new normal. The hospitality and hotel industry was one of the hardest-hit sectors of the global economy due to...
by Victor Jung | Oct 20, 2021 | Financing, Real Estate, Victor Jung
Commercial real estate can be a highly lucrative venture for investors interested in expanding their investment portfolio. Investing in the real estate market is inherently different from the stock market, though. However, a lot of the same strategies still apply to...
by Victor Jung | Oct 20, 2021 | Real Estate, Victor Jung
The year 2020 was easily one of the most difficult ones we have witnessed in the last decade or more. It also went on to transform real estate needs and perceptions and has had a significant impact on the sector through2021. This has been particularly prominent for...
by Victor Jung | Oct 20, 2021 | Financing, Real Estate, Victor Jung
If you have any interest in real estate investing, you might probably know about the name Fannie Mae. The largely successful entity became so popular that it led to the formation of another similar entity that goes by the name of Freddie Mac. Fannie Mae and Freddie...
by Victor Jung | Oct 20, 2021 | Financing, Real Estate, Victor Jung
You have probably heard of Fannie May. Officially called the Federal National Mortgage Association, Fannie May is a government-sponsored enterprise that was founded by Congress in 1938. The association was part of the New Deal formed during the Great Depression and...
by Victor Jung | Sep 23, 2021 | Cannabis, Real Estate, Victor Jung
Recreational marijuana has been legalized in New York State. Surprisingly, this may have a massive effect on the state of the real estate market in New York City. How will marijuana legalization impact NYC real estate? Here’s everything you need to know. Increase in...
by Victor Jung | Sep 22, 2021 | Financing, Real Estate, Victor Jung
In 2020, it was reported that that the COVID-19 pandemic caused housing demand to shift in New York City. More and more people began to move from the city to the suburbs and sales volumes of suburban homes increased by 19% compared to the previous year. In comparison,...
by Victor Jung | Sep 20, 2021 | Financing, Real Estate, Victor Jung
Employers were quick to shift their staff to remote work when the coronavirus started to take hold over the nation. This was extremely true in New York City which was the epicenter of the pandemic. However, more than a year later, the vacancy rate is still sitting at...
by Victor Jung | Sep 17, 2021 | Financing, Real Estate, Victor Jung
As leases hit a new high this year in New York, discounts are running out. In fact, realtors are watching COVID discounts dry up as vacancies fill up in NYC. More Apartments are Being Leased in New York City New apartment leases have set an all-time high for the last...
