Category: Wire Real Estate

The median home sale price rose 14% year over year to $359,750, just shy of its all-time high, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. At the same time, the number of homes for sale fell to […]

 Walker & Dunlop, Inc. announced today that it completed the $255,000,000 sale of The Landmark South, a 631-unit, ultra-luxury multifamily property. Located in Doral, one of South Florida’s most coveted rental markets and the 11th fastest growing city in the United States, the property is perfectly poised to benefit […]

Dar Al Arkan, the leading real estate company in Saudi Arabia and the GCC, has unveiled the DaVinci Residential Tower in Dubai in partnership with Italian Hypercar manufacturer Pagani Automobili, renowned for its exclusive and handcrafted production of ultra-limited-edition cars. DaVinci Tower The launch of the […]

 Knock, the fast-growing digital homeownership platform that turns all buyers into cash buyers, announced today that Baltimore homebuyers and sellers can use the Knock Home Swap and Knock GO™ (Guaranteed Offer) to remove all financing and home sales contingencies on the home […]

Millennials are settling down, starting families and looking for more space — and they know that it won’t come cheap. A new Realtor.com® survey suggests shifting priorities among first-time homebuyers who are increasingly looking for flex space such as finished basements, guest rooms […]

 Castlelake, L.P. (“Castlelake”), a global alternative investment manager with 16 years of experience investing in asset-rich opportunities, today announced it has reached an agreement for the sale of BoStad, a leading Danish residential property company with approximately 1,750 rental units in major […]

Carrier Global Corporation, a leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions today announced its state-of-the-art global headquarters, the Center for Intelligent Buildings in Palm Beach Gardens, Florida, has become the first commercial building in Florida to earn the […]

Tupperware Brands Corporation, a leading global consumer products company, announces today the sale and lease-back of its real estate assets associated with its Nutrimetics beauty business in New Zealand. The sale includes two warehouses and a manufacturing facility, and generated gross […]

Elevate.Money, a new investment platform that enables investors to gain exposure to real estate through fractional ownership and get a share of the potential rental income, has distributed dividends for September, October, and November 2021. The company allows investors to purchase […]

Pembrook Capital Management LLC (“Pembrook”), one of the nation’s leading bridge lenders for affordable housing, announced a $22,425,000 first mortgage loan and a $6,592,000 preferred equity investment to finance the acquisition and renovation of a 311-unit affordable housing portfolio in Chicago, IL. Known as the […]

For the second year in a row The REMM Group has won a top 10 nationwide ranking in Best Places to Work Multifamily®. It is the fifth year that The REMM Group has placed in the top 25 property management […]

 Pacaso, the leading real estate platform that helps people buy and co-own a luxury second home, today released a report identifying the top second home market in every U.S. state. To determine the top market per state, Pacaso analyzed second […]

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the launch of Amavi by Mill Creek, the company’s single-family, build-to-rent brand. Amavi communities will feature detached, townhome and cottage-style single-family rentals in […]

CORE Real Estate Capital (“CREC”) and Westland Investors (“Westland”) today announced they have jointly acquired Terra Verde Apartments, a 73-unit, Class-B multifamily community located in the Seattle suburb of Everett, WA. Terms of the transaction were not disclosed. With more than $1.2 billion of real estate […]

The number of Texas homes that sold for $1 million or higher from November 2020 to October 2021 increased 89.6% compared to the previous reporting period to 11,980 sales, according to the 2021 Texas Luxury Home Sales Report released today by Texas Realtors. The annual report examining housing statistics for […]

REX’s pro-consumer campaign to end real estate rebate bans and help over 700,000 aspiring homebuyers achieve the American Dream picked up momentum. Louisiana recently joined 41 other states and the District of Columbia in allowing cash rebates, while Oregon continues to force consumers to pay fixed […]

 Better Homes and Gardens Real Estate The Masiello Group is pleased to announce the addition of Erin McLaughlin as Sales Director for the Meredith office. McLaughlin brings extensive knowledge of the New England real estate market and proven experience managing and supporting agents. “We […]

 Alexandria Real Estate Equities, Inc., an urban office REIT and the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster locations, continues to expand its visionary and […]

Lucidpress announced the results of a survey showing how well consumers could recognize top real estate brands, as well as how real estate professionals ranked the industry’s branding as a whole.   Survey Finds How Well Consumers Recall Top Real Estate Brand […]

Twain Financial Partners is pleased to announce the financial closing of a historic renovation project in Minneapolis, Minnesota. Twain’s participation includes federal and state historic tax credit equity, Commercial-PACE financing, and a sale/leaseback, which takes the place of a traditional construction […]

Thompson Thrift Residential, a wholly-owned affiliate of Indianapolis-based Thompson Thrift and one of the nation’s leading multifamily developers, announced today the development of The Sophia, a 244-unit, luxury build-for-rent community in the city of Venice, located just south of Sarasota. Construction is expected to […]

CWCapital Asset Management LLC (“CWCapital”), a diversified real estate investment firm, today announced the sale of The Milo and Sunrise Springs, two multifamily communities in Las Vegas, to Tides Equities for an aggregate price of $69.5 million. CWCapital acquired the communities in June […]

The nation’s double-digit home price appreciation, which has pushed homeowner’s equity to record highs, isn’t necessarily good news for all homeowners. A new analysis released today by Knock, the fast-growing digital homeownership platform that brings certainty and convenience to buying and […]

USAA Real Estate and Seefried Industrial Properties have partnered to develop East Gate Logistics Center, a 1,272,240-square-foot, modern Class-A distribution center in Forney, Texas, one of the fastest growing cities in Texas. This new facility will be the largest development of its […]

The Board of Trustees (the “Board”) of Principal Real Estate Income Fund (the “Fund”), announced today that it has approved a renewal of the Fund’s share repurchase program.  Under the share repurchase program, the Fund may purchase up to approximately […]

 US housing starts are forecast to increase 1.0% per year in unit terms through 2025, according to Housing: United States, a report recently released by Freedonia Focus Reports. Builders will benefit from strengthening consumer finances and rising levels of employment, which will […]

UC Asset LP announces the company’s management team has just concluded the phase I due diligence on a piece of cannabis property in Oklahoma, and already reduced the target price by almost 60%. “Our LOI with the seller, came into effect on December […]

Fairstead, a purpose-driven, vertically integrated real estate company committed to sustainable development and the creation and preservation of high-quality housing, and Invesco Real Estate, a global real estate investment manager, today announced the companies have acquired 1,904 affordable units across […]

Legacy Capital Partners (“Legacy”), a Cleveland, OH-based national real estate investment firm and DB Capital Management (“DB”), a Los Angeles, CA-based real estate owner and operator, have acquired Summit at Salado Creek, a 1997-vintage, 352-unit apartment community in San Antonio, TX (“Salado Creek”). Legacy […]

The Local Initiatives Support Corporation (LISC), a US nonprofit CDFI that supports community development initiatives across the country, has teamed up with Amazon to help build the next generation of real estate developers of color in the Puget Sound region and […]