Residential Real Estate

In an effort to cut company costs amid a slowing real estate market, New York-based real estate firm Compass is undergoing a series of layoffs that will primarily affect its technology team. News of the layoffs was made public through a Securities and Exchange Commission filing on Tuesday, in which …

Brookfield expands multi-family projects in China Brookfield capitalized on the potential of China’s rental housing market and the financial distress of some of the country’s largest developers to acquire a serviced apartment project in Shanghai’s Yangpu district for RMB 1.26 billion ( $180 million) as the first property in a …

NASHVILLE, Tenn. (WSMV) – Tidal Real Estate Partners announced plans Thursday for a luxury residential project in the Gulch. This will be the second residential tower that Tidal has developed in the area. “We are thrilled to have Access, a strong, long-term investor, as a partner in the project,” said …

Douglas Elliman’s Kirsten Jordan with 500 West 45th Street (Redfin, Douglas Elliman, Getty) Douglas Elliman’s Kirsten Jordan team takes over sales of Compass in a Hell’s Kitchen luxury condo project. Bloom, located at 500 West 45th Street, was developed by Xin Development and designed by Marvel Architects. The property was …

Shrinking operating margins are impacting the bottom line for senior housing owners and operators, a trend exacerbated by rising staff hourly wages and rising insurance premiums across the board. What does this mean for operators’ net operating income (NOI)? Are the days of high double-digit operating margin rates over? And …

I am in the process of building a house, so I recently met with the manager of a real estate agency to discuss the sale of my current house in about a year. Knowing that I worked in finance, he asked for my views on the housing market as he …

Home prices in “Zoom towns”, the cities that have boomed during the pandemic, are set to fall the most as the residential real estate market falters, industry experts said. Topping the list is Boise, Idaho, where residential housing has “completely flipped” this year, according to Rick Palacios, research director at …

Indians are among the largest number of landowners in London – the heartland of the UK, even ahead of the English themselves. Indians – led by those who have lived in the UK for generations, NRIs, investors living elsewhere, students and families traveling to the UK for education – are …

Los Angeles, Aug. 31, 2022 (GLOBE NEWSWIRE) — Los Angeles, California — California-based Revepix has announced a series of real estate photography packages. The packages are aimed at those who want to improve their real estate listing, as well as individuals who want to put their house on the market. …

In accordance with a decision of the Supervisory Board of AS Merko Ehitus Eesti of August 29, 2022, the mandate of the member of the Executive Board of AS Merko Ehitus Eesti, Mr. Ivo Volkov, has been extended for the new period of three years to effective January 1, 2023. …

Atlantis Hotel on Palm Jumeirah Island Photo: ET now digital Mukesh Ambani’s Reliance Industries Ltd (RIL) has reportedly bought an $80million beachfront villa in Dubai’s biggest-ever real estate deal. The property, located on the chic Palm Jumeirah, was purchased for Ambani’s youngest son, Anant, earlier this year, Economic Times reported. …

In the Fortune article below, Shawn Tully discusses the current housing market, focusing on the factors behind falling house prices with Ed Pinto, Director of AEI’s Housing Center. On August 22, the source with arguably the best residential real estate data in the industry, the American Enterprise Institute’s Housing Center, …

Retirement home real estate undoubtedly fell on hard times at the height of the pandemic. Residents have decamped from facilities for fear of the virus, and communities have racked up costs due to investments in protective equipment and related items. However, now the industry is well on its way to …

Homebuilder sentiment dipped in July to contractionary levels, signaling a slowdown in the housing market. With mortgage rates falling and home sales slowing, buyers finally have a chance to grab a bargain. The opportunity won’t last long, as more rate hikes – and higher mortgage rates – are on the …

Zombie properties still account for just one in 13,000 residential properties nationwide; But the ratio has been rising since the moratorium on foreclosures was lifted a year ago. IRVINE, Calif., August 18, 2022 /PRNewswire/ — ATTOM, a leading nationwide real estate data curator for land and real estate data, today …

Funding supports continued growth of National Fix Now, a pay-at-closing home improvement solution for real estate agents Potomac, MD., August 15, 2022 /PRNewswire/ — Curbio, Inc., the leading pay-at-closing home improvement solution for realtors, brokers and their listing clients, today announced the closing of a $25 million credit facility and …

SUPPORT THIS INDEPENDENT JOURNALISMThe article you are about to read comes from our journalists doing their important job – investigating, researching and writing their stories. We want to provide informative and inspiring stories that connect you to the people, issues and opportunities within our community. Journalism requires a lot of …

Fairstead and KeyBank will preserve the affordability of the 950-unit portfolio 16 properties join Fairstead Kentucky affordable portfolio, which now has nearly 1,300 affordable housing units LOUISVILLE, Ky., August 10, 2022 /PRNewswire/ — Fairstead, a vertically integrated, purpose-driven real estate company committed to sustainability and the creation and preservation of …

Acquisition of Alpharetta Tier 3 Facility Brings Turnkey Solutions to Growing Market DALLAS, August 8, 2022 /PRNewswire/ — Lincoln Rackhousethe data center division of Lincoln Property Companyand Main real estate investorsPrincipal Global Investors’ real estate investment team, announced the acquisition of a key data center located in the heart of …

Walker and Dunlopit is (NYSE:WD) the core business may be misunderstood, but it continues to perform well. In this clip from “The Rank” on Motley Fool live, recorded on July 27Fool.com contributors Matt Frankel and Jason Hall examine the huge growth potential of the commercial real estate financial services company …

North Carolina was among the top five states for residential real estate investors from other countries in the pat year. According to a new survey by the National Association of Realtors, Chinese investors spent the most foreign investment in US real estate, spending $6.1 billion last year. Canada ranked second …

Morguard North American Residential Real Estate Investment Trust (OTCMKTS: MNARF – Get a Rating) saw its price target raised by TD Securities analysts from C$21.00 to C$22.00 in a report on Thursday, reports The Fly. Separately, Royal Bank of Canada raised its price target on shares of Morguard North American …

Achieves top ISS ESG QualityScore for Environmental and Social Disclosures ~40% of the 100% owned multi-family portfolio is certified green (LEED® or equivalent) JERSEY CITY, NJ, July 28, 2022 /PRNewswire/ — Veris Residential, Inc. (NYSE: VRE), a forward-thinking, environmentally and socially conscious REIT that owns, operates, acquires and develops primarily …

Creating real estate development plans typically takes weeks of iterations and back and forth between developers and architects. TestFit Inc.’s proprietary algorithms complete the job in minutes. Co-founder and CEO Clifton Harness compares the technology to the Chipotle app, which allows users to add each item to their burrito step …

1 / seven Carmichael Road, Mumbai | Topping the list is probably India’s most expensive residential real estate location: Carmichael Road, Mumbai. The locality has an average price of Rs 1.5 lakh per square foot, with super luxury projects like Antilla, The Imperial, Lodha Altamont and Raheja One Altamount validating …

Mortgage interest rates are up, housing stock is down, and demographics still show there’s a ton of demand. Given the current economy, how are housing professionals expected to stay competitive for the rest of the year and beyond? To help answer that question and more, we’re excited to feature HousingWire …

A windswept lot between West Houston and Clarkson streets that once housed part of the St. John’s railroad terminal, the property is next to the 12-story Google headquarters slated to open next year. A message left for Zeckendorf Development was not returned by press time. But with the housing market …

NATCHEZ — Natchez real estate agent Janice Easom said last year she got him in. “I sold 134 houses last year. I usually sell between 80 and 90 a year. Do not mistake yourself. I’m not complaining,” said Easom, who works at Paul Green and Associates Realtors, is a top …

As a member of a longtime farming and ranching family in Spicewood, resident Penny Lewis said she has seen many changes in the area over the years. In the early 1900s, his hometown was primarily a farming community, where his grandfather and father harvested cotton to fuel a thriving local …

For nearly half a century in real estate, Doris LaBeau has seen the home sales market go up, down and reverse. When asked to assess today’s real estate scene – troubled by a lingering pandemic and disrupted by an uncertain economy – she says succinctly: “It’s not crazy; it is …

France Media and InterFace Conference Group are pleased to announce that the 13th Annual InterFace Healthcare Real Estate National Conference will take place on September 8 in Dallas. The event will feature seven timely panel discussions as well as panel discussions and a networking reception on the afternoon/evening of September …

Marin County and its cities and towns should create a regional organization, or empower an existing authority, to coordinate efforts to create more affordable housing, according to a new civil grand jury report. The grand jury said that while researching the report, it “heard that Marin County, cities and towns …

It’s no secret that the stock market is down right now. And while that’s not a good thing for individual investors, it can be an opportunity. When the value of shares falls, it is possible to buy shares of quality companies at a discount. And it’s a strategy I look …

In a changing real estate market, Inman’s advice and expertise are never more valuable. From our events to our daily news coverage and hands-on journalism, we’re here to help you grow your business, adopt the right tools, and earn money. Join us in person in Las Vegas at Connect and …

In 1997, when I started in this business, “disintermediation” was a hot topic. The real estate advertisements had just been put online. Expedia had launched the previous year and was already shaking up the travel industry. Many thought real estate agents were next. At the time, there were 716,000 real …

Chuck and Terry Nowiski lived in their country-style farmhouse with a wrap-around porch for 36 years before it flooded. After hurricanes Matthew and Florence, they said “yes” to the state’s offer to buy their house and tear it down. Almost three years later, they are still waiting for the money. …

Andrew Tan, President of Alliance Global, and his eldest son Kevin, CEO of Philippine … [+] conglomerate. Global alliance Alliance Global Group – controlled by billionaire Andrew Tan – is planning 60 billion pesos ($1.1 billion) of capital spending this year to expand its business in real estate, distillery and …

“For decades, new housing production has failed to keep pace with demand in our state,” writes Rob Dapice, executive director of NH Housing, in his introduction to the NH Housing Market‘s annual report. ‘agency. The housing market report, released Monday by the New Hampshire Housing Finance Authority, describes a market …

‘Not pretty’: Rising mortgage rates close door to hopeful buyers US mortgage rates have risen ahead of next week’s Federal Reserve meeting, where policymakers are expected to raise the benchmark lending rate for the third time this year. The 30-year fixed-rate mortgage increase follows a three-week rate cut – a …

Topline Led by the worst quarter for the stock market since the Covid-induced recession two years ago, the combined net worth of American households fell by $ 544 billion in the first quarter, ending a series of records as Americans do faced with falling equity valuations and are loading up …

WHY HE RECEIVED A FINE LESS THAN HIS INCOME Chan pleaded guilty to nine counts under the Planning Act, with the remaining five counts being considered. Each charge was tied to a unit he rented. Under the law, Chan was liable to a fine of up to S$200,000 per charge …

Growth in rental demand, increased supply and, in most cases, the recovery of local economies have made Cairo, Dar Es Salaam, Johannesburg and Lagos the cheapest cities for rent. residential real estate in Africa. In general, African cities remain relatively underdeveloped compared to the major global residential hubs of Dubai, …

If you are interested in residential real estate investing, you may have heard of the BRRRR method. The acronym stands for Buy, Rehab, Rent, Refinance, Repeat. Similar to house flipping, this investment strategy focuses on buying properties that are not in good condition and repairing them. But instead of reselling …

Proponents of the mandate article, which was approved May 10 at the Hanover town meeting, hope the change will ease housing shortages on campus and lead to further development on West Wheelock Street. by Parker O’Hara | 53 minutes ago Due to the pandemic, the Hannover Selectboard has postponed the …

Avanath Capital Management, LLC, a private real estate investment manager and registered investment adviser, has acquired its 100e asset: a mixed-use portfolio containing two multi-family properties with commercial space on the ground floor in Brooklyn, New York, for $315 million. The portfolio, comprising 601 affordable, market-priced residential and commercial units, …

ATTOM, a leading nationwide real estate data curator for land and real estate data, today released its 2022 First Quarter Report analyzing the qualified low-income opportunity areas targeted by Congress for the economic redevelopment in the Tax Cuts and Jobs Act 2017. , ATTOM examined 5,092 areas around United States …

The 587-unit multi-family property is by Jair Lynch seventh acquisition with Nuveen Real Estate. WASHINGTON, May 24, 2022 /PRNewswire/ — Jair Lynch Real Estate Partners (“Jair Lynch“), a leading owner and developer of mixed-use properties and accessible housing in the Mid-Atlantic region, and Nuveen Real Estate (“Nuveen”), one of the …

A recent ranking found Massachusetts to be among the least competitive states on property taxes, one component of the nonprofit Tax Foundation’s 2022 State Business Tax Climate Index. The property tax component of the index assesses state and local taxes on real estate and personal property, net worth and asset …

Despite the pandemic, the residential real estate market is booming, with homes selling like hot cakes. The residential segment in major Indian cities remained overly bullish, making it a top investment choice. The demand for residential real estate in major Indian cities has risen alongside the COVID-19 induced pandemic as …

Completed in September 2017Madison Center is a 37-story office tower in downtown Seattle containing 760,971 leasable square feet and 480 parking spaces spread over seven levels of underground parking. Madison Center’s forward-thinking design already reflects the future of the office, including generous outdoor space, flexible collaboration space, strong health and …

Battered and battered by the pandemic, Tricity’s property market is finally starting to rebound, with Mohali gaining the most traction. It has come a long way since October 2020 – after the first wave receded – when the Greater Mohali Area Development Authority (GMADA) managed to win only ₹417 crores …

Will house prices go down? Getty Images Gone are the rock bottom mortgage rates of 2021. Indeed, average 30-year fixed mortgage rates have risen from around 3.5% to around 5.6% this year, and the pros say they expect them to rise further (see the lowest mortgage interest rates you can …

Dallas-based investor Crow Holdings has raised a new fund to finance the construction of more than $1 billion in apartments across the United States. The multifamily building fund has raised about $680 million from investors to fund apartment projects in multiple markets, including Dallas. Crow Holdings owns Dallas-based Trammell Crow …

Real estate company Compass has signed a lease for an entire floor at 1401 Massachusetts Ave., NW. New York-based real estate firm Compass, which has rapidly grown its presence in the DC market since first expanding here eight years ago, has signed a lease for a full floor at 1401 …

Mynd, the Oakland-based residential real estate technology platform, now offers its services in Nashville. According to a statement, Mynd is also now active in Jacksonville and Indianapolis. Mynd expects to have over 4,000 homes under management across the three cities by 2023. With the addition of the trio and following …

Neighbors who oppose the construction of an apartment building in West Philadelphia and had asked residents for fecal samples in an attempt to find a link between the development and colorectal cancer won their appeal on Monday from l approval of the project by the zoning board. A Philadelphia Common …

New housing supply rose 43% quarter over quarter (QT) in six cities from January to March to around 80,000 units, mainly due to a recovery in demand for residential properties, according to proptech company Square Yards. State-of-the-art real estate consultant Square Yards sells homes on behalf of builders and offers …

“We may be closing today and paying off the bank,” she said on April 26. “The space is not for sale. It was never for sale. This has all been misunderstood.” Reached by phone today, Gouletas said she was “still working” with Republic. “You know how lawyers work,” she said. …

JLL Capital Markets announced today that it has closed $104.93 million in financing for The Wel, a newly constructed 260-unit mid-rise multi-unit community located in Lindenhurst, New York along the south shore of Long Island. JLL represented the borrower, Fairfield Properties, in securing the 15.5 year fixed rate loan through …

AVON, Ohio — Mayor Bryan Jensen wants to slow residential growth in the city. He hopes a 0.15% increase in income tax in the May 3 primary will help him achieve that goal, providing funds that will allow the city to buy land for parks. . “The reason for that …

PHOENIX (3TV/CBS 5) – Jordan Derego and Sam Schreir are desperately trying to buy their first home. They have good jobs and are pre-approved for a loan, but the Phoenix couple continue to be left out. “It’s really competitive, even if we get offers,” Derego said. “We find something we …

By Seattle Times business reporter Less than six months after announcing its acquisition by a national title insurance company, Bellevue-based real estate brokerage Coldwell Banker Bain has been sold to national real estate firm Coldwell Banker Realty. The company announced the sale on Tuesday, saying Coldwell Banker Realty bought the …

The 2021 law ending forced arbitration of sexual assault and sexual harassment will have far-reaching implications for real estate employers who, like in many other industries, have relied on binding arbitration agreements before the disputes to resolve sexual harassment complaints filed by employees. The law limits the use of pre-dispute …

The average property tax also increased by 2%, $3,785while the effective rate decreases slightly; The highest effective tax rates in Illinois, New Jersey, Connecticut, Vermont, Pennsylvania IRVINE, Calif., April 14, 2022 /PRNewswire/ — ATTOM, a leading nationwide real estate data curator for land and real estate data, today released its …

Commonwealth Equity Services LLC reduced its position in shares of New Residential Investment Corp. (NYSE: NRZ – Get Rating) by 1.2% during the fourth quarter, according to its most recent Form 13F filed with the Securities & Exchange Commission. The institutional investor held 423,946 shares of the REIT after selling …

Berkshire Hathaway HomeServices, a global network of residential real estate brokerage franchises, is pleased to announce its further expansion into the State of Pennsylvania with the addition of Berkshire Hathaway HomeServices Regional Realty. This addition marks the brand’s continued growth in the Northeast region with its 93rd location …

The Residential Real Estate Council has partnered with real estate technology platform MoxiWorks to provide certain human resources services to independent brokers with fewer than 150 agents. The services will be available to Council members as part of its Broker Solutions platform and will include MoxiEngage, a CRM specifically designed …

NEW DELHI: The combination of recovering demand and rising construction costs has driven house prices higher as developers seek to protect their margins. India’s eight major real estate markets have all seen an increase in the average capital value of residential properties, according to data from Knight Frank India. All …

Each week, our survey of recent home sales in New York City and the surrounding area focuses on homes sold around a certain price, allowing you to compare single-family homes, condos, and co-ops in different locations. The “list price” is the asking price when the property came on the market …

Buyers of residential real estate in British Columbia (BC) may soon benefit from a legal “cooling off period” – known as the homebuyer protection period – under changes to the Property Law Act (British Columbia) introduced by the province on March 28, 2022. If it enters into force, Bill 12 …

The conversion of commercial space into residential units is nothing new in the South African property sector. It’s a trend that started long before Covid-19, but has accelerated dramatically in the past two years. The lockdown has forced businesses to accept that a remote workforce is not only viable, but …

BIRMINGHAM, Ala. (WBRC) – Real estate agents have been busier than ever in the past two years due to low interest rates. But now that these rates are climbing, what is the outlook for the spring? For the past few months, Aliece Dice with eXp reality has been busy to …

Madelon Groupa housing company that streamlines the process of developing modern, urban living spaces, in partnership with a private investment company Investment in the blue room, today announced an affordable housing partnership and its latest housing project located in the vibrant arts district of Santa Fe in Denver, Colorado. As …

The house is for sale in the San Carlos area. Photo by Chris Stone A recent report from residential real estate platform Zillow tells us what we already know about the market here – and confirms similar reports from competitors. Home sales have skyrocketed over the past two years of …

Redgate in Arlington, Texas. Image courtesy of Nitya Capital Nitya Capital acquired a portfolio of 11 multi-family properties, totaling nearly 3,000 units, across the United States for $400 million. The strengths are in large, growing metropolitan areas, including Dallas; Vegas; Indianapolis; Los Angeles; Nashville, TN; and North Carolina. The purchase …

Wellness features in multi-family projects are rapidly changing from optional to essential. Population aging, pandemic-induced stress, loneliness and the rise of remote work models, as well as consumers increasingly demanding more sustainable living options, are among the many factors that have fueled this trend, according to the latest research from …

Razvan/iStock Editorial via Getty Images Summary in seconds My Hold Rating for shares of The Walt Disney Company (NYSE: DIS) remains unchanged from my previous update for DIS published on December 15, 2021, where I highlighted the $33 billion content spend of the company for 2022. In the current article, …

A subsidiary of Palm Beach’s Frisbie Group paid $6.75 million in February for a shopping mall in a prime corner of West Palm Beach. The sale price paid by Frisbie, more than four times the price of $1.49 million paid in 1999, reflects the continued demand for properties along the …

Are there any signs that the owners are going too far? There has been an urgency to make up for lost rents, and I think that has driven rents to a much steeper trajectory than will ultimately be borne. I think the consequences of this period will be more modest …

Allen’s commercial operations offer a full-service approach, offering expertise in residential real estate, a luxury rental portfolio, commercial real estate sales and land development. He was one of the best real estate professionals in the Monterey Peninsula for 38 years. Allen provides concierge service to each client, including dedicated staff …

CHICAGO, February 28, 2022 /PRNewswire/ — Latest data from ShowingTime, one of the residential real estate industry‘s leading technology providers of display management and market statistics, shows an increase in demand from homebuyers in January, with an average number of views per ad in double digits in 83 markets nationwide. …

Tomas Ragina/iStock via Getty Images Earlier this week, Russia launched a full-scale invasion of Ukraine. Several Ukrainian military bases/airports have been bombed, already killing hundreds, and explosions have been heard in major cities, including even the capital Kiev. Obviously, I think this is terrible news and I’m shocked to hear …

Patience is what counts in Hong Kong billionaire Edwin Leong’s adventure in residential development. And with a net worth of $4.4 billion, the founder and chairman of Tai Hung Fai Enterprise can afford to be patient. This story is part of Forbes’ coverage of Hong Kong’s Richest 2022. See the …

New Jersey, United States,-The latest report published by Market Research Intellect presents an in-depth analysis of the global residential real estate market. This research report assesses ever-changing market dynamics that are expected to affect the trajectory of the overall market. Analysts have studied historical market performance and compared it to …

Shaurice Bacon feels stuck in her home, an apartment with not enough space for her family. She lived in public housing in Bridgeport for two decades. She researched other low-cost apartments, applied to housing choice voucher programs, and explored rent-to-own options. She expanded her search to include Hartford, New Haven, …

RALEIGH- Across the country, there is a significant housing shortage. With historically low supply in certain areas, including the Triangle, the price of buying or renting real estate has exploded over the past two years. This disproportionately impacts low-income households, which are disproportionately black or Latino, a researcher and author …

A recent report from Las Vegas Realtors shows that the new year has done little to change the trajectory of the local real estate market, with home prices hitting a new high amid historic shortages. LVR reported that the median price of existing single-family homes sold in Southern Nevada through …

Coloradons face massive property tax increases in the coming years due to a combination of the state’s soaring real estate market, the tax system’s two-year valuation schedule, and the impending expiration measures adopted to cushion the shock of tax increases, according to a published study. Friday by the Colorado Concern …

Tampa Bay home values ​​are rising rapidly, raising alarm bells for economists. Lakeland and Tampa Bay are the most overvalued markets in Florida, according to a study by Florida Atlantic University real estate economist Ken H. Johnson and Florida International University economist Eli Beracha. This means that homes here are …

NEW YORK, NY – The Moinian Group has opened a state-of-the-art 200,000 square foot office building in Manhattan’s Chelsea neighborhood. The project represents one of Manhattan’s first spec office developments since the pandemic began. The 10-story development, titled The Hudson Arts Building, will feature open, column-free floor plates, a lounge …