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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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. […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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, […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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 […]
Read More>>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, […]
Read More>>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 […]
Read More>>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. […]
Read More>>