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Category: Wire Real Estate

Mack-Cali Becomes Veris Residential

Press Release

Mack-Cali Realty Corporation  announced that it has rebranded to Veris Residential, Inc. reflecting the company’s new strategic direction and corporate values as it transitions into a pure-play multifamily REIT and seeks to generate long-term value for shareholders. The company will continue to be […]

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Phoenix American Onboards New Multifamily Real Estate Fund Sponsor Burlington Capital for Fund Administration

Press Release

 Phoenix American is pleased to announce its new fund administration relationship with alternative investment management firm Burlington Capital. Phoenix American will support Burlington Capital’s real estate funds with its industry-leading investor services platform featuring the STAR-XMS shareholder management / transfer agent system. Burlington Capital will benefit from Phoenix American’s […]

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Lument Provides $6.8 Million Freddie Mac Small Balance Loan for Multifamily Community in Texas

Press Release

Lument recently provided a $6.8 million Freddie Mac small balance loan (SBL) to refinance Casitas Del Este, a 78-unit, garden-style apartment community in El Paso, Texas. Lument Managing Director Steve Beltran led the transaction. “This refinance loan fulfilled all of our client’s goals,” Beltran said. “The […]

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United States Real Estate Appraisal Market Report 2021-2025 with CoreLogic, JP Morgan Chase & Co. Real Matters and Wells Fargo & Company Dominating

Press Release

The “The US Real Estate Appraisal Market: Size and Forecasts with Impact Analysis of Covid-19 (2021-2025 Edition)” report has been added to ResearchAndMarkets.com’s offering. Economic uncertainty is at an unprecedented level as a result of COVID-19. The pandemic has dampened both nonresidential and residential […]

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Clearwater Living Opens New Assisted Living and Memory Care Community in Orange County

Press Release

Clearwater Living®, a real estate and property management company dedicated to the ownership, operation and development of high-quality senior living communities, announced the opening of Clearwater at North Tustin, a 110-unit, luxury assisted living and memory care community located in North Tustin. […]

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UCASU announces LOI to acquire $2.2 mllion Cannabis Property in Oklahoma

Press Release

 UC Asset LP announces the firm has signed LOI with an Oklahoma cannabis property owner and licensed medical marijuana grower, to acquire its property, including all on-ground structures, for a consideration of $2.2 million. The property is a 4-acre medical marijuana indoor/outdoor property. According […]

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Doors Open at Fastenal’s New Downtown Winona Office Building

Press Release

Fastenal opens its doors to its new 97,600 SF corporate office, welcoming 450 Fastenal Employees to downtown Winona. Fastenal opens its doors to its new 97,600 SF corporate office, welcoming 450 Fastenal Employees to downtown Winona. Fastenal selected the historic Mississippi riverfront site […]

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Startup HousesFor.Sale Introduces Top 10 Real Estate Deals for Thousands of Cities

Press Release

 The experienced founder of multiple companies, Dominik Mazur, including Net Ideas, co-founder and former CEO of CamFind, and CloudSight AI where he was a CEO and co-founder and was personally granted over 10 patents, has launched his PropTech company, InfoHome.ai with its main property being a much more […]

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Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.15 per Common Share for 4Q21, an Increase of 3 Cents Over 3Q21, and an Aggregate of $4.48 per Common Share for 2021, Up 24 Cents, or 6 Percent, Over 2020

Press Release

 Alexandria Real Estate Equities, Inc. announced that its Board of Directors declared a quarterly cash dividend of $1.15 per common share for the fourth quarter of 2021. The dividend is payable on January 14, 2022, to shareholders of record on December 31, 2021. The […]

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Honely Strengthens its Advisory Board with Appointment of Veteran Business Leader and Real Estate Expert Jeff Lobb

Press Release

 Honely announced that Jeff Lobb will be joining the company as a senior advisor and will use his deep knowledge of the real estate industry to assist Honely on its journey to becoming an established household name in the industry. “Honely is thrilled to have […]

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Bell Partners Acquires Bay Area Multifamily Community

Press Release

Bell Partners Inc., one of the nation’s leading apartment investment and management companies, today announced the acquisition of Tam Ridge Residences, a 180-unit apartment community in the San Francisco suburb of Marin County. Acquired on behalf of the company’s Bell Core Fund I […]

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Real Estate and Sustainable Development

Press Release

Alvéole, the Canadian urban beekeeping company, is expanding into 12 new major cities throughout North America, as well as five in Europe. This arrival has been eagerly  awaited by many companies who want to join the movement towards the development of greater […]

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Renascence Equity Ventures A Veteran And Minority Led Company Sets $400M Private Equity Offering To Expand Its Mixed-use Hotel & Residential Retail Real Estate Acquisitions And Development Portfolio

Press Release

Renascence Equity Ventures Corporation has moved forward with its plans to build a national owner and operated commercial real estate and entertainment tech company as it moves forward with its inaugural first round $400M private placement offering. The private IPO offering funding […]

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Manhattan Beach Median Home Price Hits $3 Million, Local Broker Dave Fratello Reports

Press Release

 For the first time, the median price for homes in Manhattan Beach, California, has hit $3,000,000. This landmark finding was reported by local real estate broker Dave Fratello of Edge Real Estate Agency, based in Manhattan Beach, on his MB Confidential blog.   Manhattan Beach CA Median Home […]

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Cary, North Carolina Fire Station Becomes First Firehouse to Achieve UL Verified Healthy Building Mark for Indoor Air

Press Release

 UL, the global safety science leader, announced today that a fire station in Cary, North Carolina is the first firehouse to achieve a UL Verified Healthy Building Mark for Indoor Air. The UL Verified Mark demonstrates that Cary’s Fire Station No. 4 has indoor spaces that […]

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PropertyShark Wins Tech Platform of the Year at 2021 RED Awards

Press Release

 PropertyShark is proud to announce that it was recently honored as the Tech Platform of the Year at the 2021 NYC Red Awards. The New York City-based real estate data and research platform picked up the highest recognition in the technology category at the […]

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TCS Anika Homes Launches Fund 5 to Develop SFR Housing in Philadelphia

Press Release

 TCS Anika Homes, a Philadelphia based real estate firm, has launched TCS Anika Homes Fund 5, a $5.5 million equity raise coupled with a $15 million line of credit with CoreVest, for the purchase and renovation of approximately 120 additional single family workforce housing units in Philadelphia. All […]

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MG Properties Wins Coveted Multi-Housing News’ Excellence Award for Their Ongoing Commitment to Corporate Social Responsibility

Press Release

MG Properties Group, a private San Diego-based real estate investor and operator, is the proud recipient of a 2021 Multi-Housing News’ Excellence Award for their Corporate Social Responsibility program. MG Properties Wins Corporate Social Responsibility Award (Maintenance, Accounting, and Marketing Teams […]

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Starwood Property Trust Prices Private Offering of Sustainability Bonds

Press Release

Starwood Property Trust, Inc. announced that it has priced its private offering of $400 million aggregate principal amount of its 3.750% unsecured senior notes due 2024 (the “Notes”). The Notes priced at 100.00% of the principal amount and the settlement of the offering […]

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Richmond American Completes First Home in Eagle

Press Release

Richmond American Homes of Idaho, Inc., a subsidiary of M.D.C. Holdings, Inc. , is pleased to announce that its first home in Idaho, the ranch-style Powell, has been completed at its Legacy community in Eagle.   The Powell is the first home Richmond American […]

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EastGroup Properties Announces Dividend Increase .

Press Release

 EastGroup Properties announced that its Board of Directors approved a 22.2% increase in its quarterly dividend, raising it to $1.10 per share from $0.90 per share.  The dividend is payable on January 15, 2022 to shareholders of record of Common Stock on December 31, 2021.  This dividend […]

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Lightstone Acquires 7,810-unit Suburban Detroit Multifamily Portfolio

Press Release

Lightstone, one of the most diversified privately held real estate companies in the U.S., announced today the acquisition of a 27-asset multifamily portfolio in suburban Detroit, MI. Photo courtesy of Lightstone. The portfolio includes 7,810 multifamily units and an 11,000-square-foot office […]

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Redfin Reports For-Sale Home Supply Hits All-Time Low

Press Release

 The number of homes for sale hit an all-time low during the week ending November 28, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. During that period, sustained demand pushed the median home price to another record high, […]

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Brian Pearl and Vincenza (Vini) Antonacci of The Pearl Antonacci Group were Named to RealTrends + Tom Ferry America’s Best Real Estate Professionals

Press Release

The Pearl Antonacci Group also ranked 6th for Boca Raton real estate teams’ number of transactions, catapulting them to the top of the list of best real estate agents in Boca Raton. RealTrends America’s Best Real Estate Professionals ranks over 18,500 residential real estate professionals solely […]

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Shorenstein Properties Acquires Rev360 in Denver

Press Release

Shorenstein Properties, LLC (“Shorenstein”), an owner and operator of high-quality office, residential and mixed-use properties across the U.S., today announced the acquisition of Rev360 (the “Property”), a newly constructed five-story Class A office building in the highly desirable River North […]

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Rosslyn BID Study Finds More Than A Third Of Americans Are Using Alternative Places To Work Besides Just Home And The Office

Press Release

the Rosslyn Business Improvement District (BID) released findings that uncover the different ways in which Americans are choosing to work and collaborate as hybrid work remains the new norm. The survey among more than 1,000 Americans revealed that while more […]

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Hamilton Zanze Acquires Two Multifamily Communities In Maryland

Press Release

San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired two apartment communities in Upper Marlboro, Maryland, the Village of Churchills Choice and Hunters Glen. Both sellers were represented by broker Robert Garrish with Newmark. HZ now owns and operates 11 residential apartment communities in the D.C. metro […]

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Wood Partners Delivers First New Apartment Community in the City of Winter Garden in Over 20 Years

Press Release

Wood Partners, a national leader in multifamily real estate development, celebrates the grand opening of its newest luxury property, Alta Winter Garden. Located at 1223 East Plant Street, less than one mile west of State Road 429 (Orlando’s “Western Beltway”) in Winter Garden, […]

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Hub International To Provide Tenant Liability Captive To Residential Rental Real Estate Clients To Retain Insurance Premiums And Mitigate Risks

Press Release

 Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, has developed HUB Tenant Liability Captive Insurance for owners, operators and managers of residential rental real estate that will create an additional revenue stream for them by enabling them to retain the […]

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Top Real Estate Investing Firm Goodegg Investments Named One of the 50 Most Influential Companies of 2021

Press Release

 Goodegg Investments, a women-owned real estate business that helps accredited investors create passive income for their families through investing in real estate syndications (group investments), has been named one of the top 50 Most Influential Companies of 2021 by CIO Bulletin. […]

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