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BofA and BMO work to close the racial ownership gap
Bank of America and BMO Harris are leaning into real estate assistance with programs designed to close the racial land ownership gap. Bank of America launched two programs on Tuesday — one to help small business owners and another for would-be owners. The Small Business Down Payment Grant Program extends credit to small business borrowers …
Webinar held by 3S real estate brokers
NNA | Updated: August 31, 2022 12:57 STI New Delhi [India], Aug 31 (ANI/SRV): 3S Real Estate Brokers, a leading real estate consortium in Dubai, is hosting a webinar titled “Dubai: A Land of Opportunities” on September 3, 2022 at 4:00 PM IST. The initiative was taken to educate Indian investors on Dubai as a …
A Real Estate Investor Shares What To Look For When Buying An Older Home
Massachusetts-based investor Dana Bull owns seven investment properties built between 1780 and 1920. There are benefits to buying older homes, but there are also challenges. Before you buy one, you’ll want to understand the area and look at the plumbing and wiring. Dana Bull has a thing for old houses. “I’m a collector,” the 31-year-old …
Pownal Park residents, managers differ sharply on issues | Local News
POWNAL — Residents and managers of the Pownal Estates mobile home park on Monday offered diametrically opposed descriptions of several longstanding issues, involving the water system, park roads and mail delivery. Meanwhile, the central problem of providing clean drinking water to residents remained unresolved Monday, residents said, despite work being done last week on the …
Walton Street subsidiary provides loan to Bainbridge and Virtus Real Estate Capital companies for acquisition of Aventura Crossroads, a multi-family community
CHICAGO–(BUSINESS WIRE)–A subsidiary of Walton Street Capital, LLC (“Walton Street”) has provided a $69.8 million loan to a partnership between The Bainbridge Companies, LLC (“Bainbridge”) and Virtus Real Estate Capital (“Virtus ”) for the acquisition of Aventura Crossroads (the “Property”), a 344-unit apartment community located at 1010 Legacy Village Drive in Cary, NC Built in …
Departure for the third edition of Real Estate Academy by BREC
BUCHAREST REAL ESTATE CLUB (BREC) announces the start of registration for the third edition of the REAL ESTATE ACADEMY program, the first 100% private education in the real estate sector in Romania. BREC ACADEMY covers the entire educational spectrum regarding the local real estate market and runs from September 2022 to May 2023. The program …
Ray White snags ‘wanted’ agent on Sydney’s Lower North Shore
Ray White snags ‘wanted’ agent on Sydney’s Lower North Shore Ray White has welcomed a “wanted” local agent to his D-suite as the network looks to build on its momentum in Sydney’s Lower North Shore market. John McManus will serve the Willoughby and Artarmon area, as well as the surrounding suburbs of Naremburn, Northbridge and …
For the Twin Cities real estate veteran, a late-career idea and business was too obvious to pass up
L Launching a startup was not high on the list of career priorities for Lynn Leegard, who for decades served as the best advocate for several major Twin Cities real estate firms. But at an age when many accomplished executives are already dreaming of retirement and plotting an exit strategy, Leegard launched a Twin Cities-based …
Jury Convicts San Francisco Broker and Investor Victor Makras of Home Loan Fraud | USAO-NDCA
SAN FRANCISCO – A federal jury today convicted Victor Makras, a prominent San Francisco real estate broker and investor, of making false statements to a bank and of bank fraud related to fraudulent statements made in a refinance loan application mortgage, announced US Attorney Stephanie M. Hinds, Sean Ragan, Special Agent in Charge of the …
Undercutting in the Australian property sector leaves buyers feeling betrayed | Immovable
When Sarah* (pseudonym) came across her dream two-bedroom apartment in Edgecliff, Sydney’s eastern suburbs, she hoped she had finally found something within her budget. But upon inspection, the real estate agent immediately asked if she could expand her price range. “They said it was listed at $1.1 million because they wanted $1.2 million, $1.3 million,” …
Modern Shelter and Strategic Housing Group tackle student housing with 792-bed facility in Nigeria | The Guardian Nigeria News
Modern Shelter Systems and Services Limited (MSSSL), one of Nigeria’s leading real estate companies, announces its strategic partnership with Strategic Housing Group (SHG), Dubai, to tackle the large but somewhat overlooked student housing deficit in the country, through the construction of Nigeria’s first state-of-the-art 792-bed student accommodation community in the Institutions and Research District of …
Real estate tech startup Reali to shut down after raising $100 million a year ago – TechCrunch
Startups that cater to homebuyers are struggling as interest rates and inflation have risen and inventory shortages continue in many markets. The latest victim in space is Reali, who has announced that he started a stop and will lay off most of its workforce on September 9. In a Press releasevsCo-founder and chairman Amit Haller …
Renowned real estate icon John McMonigle continues to grow agentinc
McMonigle’s agent-centric brokerage provides more financial incentives for agents CORONA DEL MAR, CA., August 25, 2022 /PRNewswire/ — John McMoniglehead of wall street journal quintuple #1 real estate team in the world, continues to grow agentinc across the United States, offering a host of progressive financial incentives for agents. As one of the world’s top …
Scam: How a Gold Coast couple lost $40,000 after receiving an email from an estate agent
A Gold Coast couple have been left devastated after losing nearly $40,000 to a ‘cunning’ con artist posing as an estate agent. Mitch Wilson and Penny Davies thought they were just taking their agent’s advice when they transferred their house deposit to a bank account. They had received an email from what appeared to be …
Steps to Become a Probate Lawyer
Facing end-of-life decisions and protecting family wealth is a difficult experience for everyone. In these difficult times, estate planning lawyers help people plan the distribution of their estate and establish wills, trusts and powers of attorney. These attorneys, also known as probate attorneys or estate attorneys, are licensed and experienced professionals with a thorough understanding …
Zeus Companies Wins 2022 Real Estate Award for Mixed-Use Property of the Year
HOUSTON, August 23, 2022 /PRNewswire/ — Zeus Companies, a real estate investment and lending firm, is delighted to accept the 2022 REDNews Real Estate Award for Mixed-Use Property of the Year for The Heights Forum. Zeus Companies and Founder, Dr. Steven Kaufmanhave been nominated for six awards in multiple categories by real estate industry peers …
Avison Young Acquires Stakes of Madison Marquette in Major Brokerage Acquisition
Avison Young has acquired the industrial property and office management, agency leasing and project management service lines of Washington, DC-based developer Madison Marquette. Avison Young, the Toronto-based commercial real estate company, is expected to complete the acquisition and partnership agreement in September, which will strengthen the company’s brokerage and management presence in Texas, California and …
What is a real estate broker?
Whether you are buying or selling a home, you are likely to encounter many different conditions for the parties involved in a real estate transaction. If you’re new to the lingo, these can be confusing: Realtors, real estate agents, real estate brokers, mortgage brokers – what’s the difference? Here we define exactly what a real …
Garfield County housing market fever begins to erupt after pandemic outbreak
A house for sale sign in Glenwood Springs.Chelsea Self/Glenwood Springs Post Independent The housing market has soared during the pandemic; now the data shows that it is finally starting to reach a manageable level. “It’s almost like everyone took a deep breath, which is actually really nice,” said Erin Bassett, real estate agent for Coldwell …
ASK’s Sunil Rohokale investment picks
What was your first investment? A residential real estate plot in Nashik. I think I was a real estate guy and prepared to think about the housing finance industry long before I could become a real estate professional. I tripled the money in two and a half years; it was the power of the earth …
Major Minnesota broker sues Canadian agent for copyright infringement
Kris Lindahl and Rob Golfi (Getty, Kris Lindahl Real Estate, The Golfi Team) An international arms race has broken out for a pose. Kris Lindahl, a Minnesota realtor, sued Canadian agent Rob Golfi, claiming he stole a signature posture, FOX 9 reported. Lindahl, whose website calls his business the “Real Estate Company with Open Arms” …
Selling a house without using a real estate agent: it’s more than possible
We rarely use travel agents to book vacations given easy access to information online, thus saving money. Selling your home without using a real estate agent is just as doable, writes Eden McDonogh. MOST PEOPLE would never think of selling their home without a realtor or don’t even realize it’s possible. Anyone can negotiate, fulfill …
Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) and Anywhere Real Estate (NYSE:HOUS) Critical Review
Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY – Get Rating) and Anywhere Real Estate (NYSE:HOUS – Get Rating) are both finance companies, but which company is better? We’ll compare the two companies based on earnings strength, risk, institutional ownership, profitability, valuation, analyst recommendations and dividends. Valuation and benefits This table compares Daito Trust Construction Co.,Ltd. and …
Stream Realty delivers massive industrial project in Brookshire
One of the largest industrial projects in the Houston market is open and ready for more tenants. Stream Realty Partners announced the completion of phase two of its Empire West Business Park, a 300-acre development in Brookshire with nearly a mile of frontage along Interstate 10 and US 90. The project, located west of Woods …
Lewis and Clark are preparing for the fall semester on August 22
GODFREY – The fall semester at Lewis and Clark Community College (LCCC) begins on Monday, August 22. Earlier this week, LCCC President Ken Trzaska launched Development Week, a week where staff members participate in activities to motivate them and set the tone for the upcoming school year. Trzaska said the focus this year was on …
Top-producing LGBTQ+ Real Estate Alliance members earned $4.85 billion
The second annual Top Producers list honors 325 agents and team leaders who raised $4.85 billion in 2021 alone, reflecting the growing influence of LGBTQ+ agents in the industry, according to the Alliance. The LGBTQ+ Real Estate Alliance released its second annual report Wednesday Top Producers Listwith 325 individual member agents and teams completing 10,028 …
Chinese property developers’ cash flows plunged more than 20%
Analysts generally expect public companies to perform better than non-public developers in the latest housing crisis. Pictured here in Guangxi, China on August 15, 2022, is a building complex being developed by state-owned conglomerate Poly Group. Edition of the future | Edition of the future | Getty Images BEIJING — Cash flow for Chinese property …
Real Estate Summary Week Ending August 19, 2022
Ashley Martin joined Berkshire Hathaway HomeServices C. Dan Joyner Realtors as a sales associate in the company’s Woodruff office in Five Forks. She has also worked in human resource management. Martin holds an Associate’s degree in Equine Science and a Masters in Business Administration. Photo provided Jessica Moss joined Berkshire Hathaway HomeServices C. Dan Joyner …
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When a Burger King closes in Portland, it’s hard to replace it
Address: 3550 NE Broadway Year of construction: 1983 Square feet: 3,192 Market value: $5.6 million Owner: Raleigh D. Lau and her family How long has it been empty: 4 years Why it’s empty: Fast food contraction The closure of the city’s third-best Burger King, tucked away on Broadway on the lip of Interstate 84, isn’t …
Pending sales plummet as property markets start to cool
Changes that have begun to occur in real estate markets across the country have led to more instances of withdrawals from pending home sales, including in Oklahoma City and Tulsa, according to Redfin. (Photo by Dillon Kydd on Unsplash) More would-be buyers have held back sales or pulled out altogether across the country recently, including …
Real estate stocks rise | Trade Standard News
Real estate stocks were trading with gains, with the S&P BSE Realty Index rising 48.37 points or 1.37% to 3579.06 at 09:47 IST. Among the constituents of the S&P BSE Realty Index, Indiabulls Real Estate Ltd (+4.73%), Oberoi Realty Ltd (+2.38%), DLF Ltd (+1.84%), Sobha Ltd (+1 .52%), Phoenix Mills Ltd (up …
Curbio brings total 2022 funding to $90 million with the addition of a $25 million credit facility provided by Cambridge Trust
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 real estate agents, brokers and their listing clients, today announced the closing of a $25 million credit facility and a new banking …
Greg Papazian promoted to director of investor relations and director of sales
BEVERLY, mass., August 15, 2022 /PRNewswire/ — Brookwood Financial Partners, LLC (“Brookwood”), a nationally recognized private real estate investment firm, is pleased to announce that Greg Papazian was promoted to the newly created position of Director of Investor Relations and Director of Sales. In this role, Mr. Papazian will lead all institutional and retail equity …
Metaverse Real Estate Underwater
Late last year, a flood of money from tech enthusiasts and corporate marketers ignited real estate prices in the metaverse. Alt-coin owners and CryptoPunk NFT collectors with stars in their eyes and cash in their pockets sought to justify the price spike by buying up celebrity-like properties, many of whom used the Metaverse for promotional …
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The ‘new normal’ of the Toronto real estate market has a harsh reality
Real estate is emotional. Why? Because a house is more than walls and a roof, it is a container for our lives, our families, our communities. As part of an occasional series, we asked local writers to share their stories about real estate and housing. We all knew it was coming. There was no way …
Real estate agent moves and news from August 13, 2022 | Home & Garden
Chinowth & Cohen Realtors welcomes Adam Wood at his office in Bartlesville. Wood has lived in Bartlesville his entire life. A full-service agent, he knows residential listings from Bartlesville to Tulsa and surrounding communities. Prior to entering the real estate field, Wood worked as a materiel management specialist for supplies for F-15 deployments in the …
CapitaLand Investment says investment is slowing amid economic red flags
Property investors are now being “cautious and careful” about deploying capital in the face of growing economic uncertainty around the world, said CapitaLand Investment, Singapore’s leading property investment manager. Its half-year financial results revealed on Thursday that CapitaLand Investment’s profit fell 38% to 433 million Singapore dollars ($316 million) for the first half due to …
Everything Foreign Residents Need to Know About Buying an Apartment in Israel | Barnea Jaffa Lande & Co.
The Israeli real estate market has been recording dramatic price increases for just over a decade. This is a relatively short time frame compared to price increases of such magnitude. For example, according to the housing price index published by the Israeli Central Bureau of Statistics, housing prices increased last year by a cumulative rate …
DFW and Surrounding Realtor Promote Luxury Homes to MORE Buyers for MORE Money
As the real estate market continues to change, a local agent has mastered the art of “target marketing” to expose his luxury properties to the most opportune buyers, thereby selling them for more. WEATHERFORD, TX, August 11, 2022 /PRNewswire/ — If you’ve followed the DFW & Sounding Areas real estate market for any time, you’ve …
Real Estate Investing: Is Flipping a House a Huge Waste of Time?
SSome people start investing by stocking up on stocks and bonds and sticking with them for years. But if you’re ready to diversify, you might want to add real estate to your portfolio. There are different ways to invest in physical real estate. One option is to own an income property, whether it’s a short-term …
Karen Fuller Parsons Real Estate View
Karen Fuller Parsons and her family MINT HILL, NC — After 29 years working as a realtor (realtor) and broker, Karen Fuller Parsons knows a thing or two about the housing market and its trends. She retained the title of Charlotte’s Top Producers and multi-million dollar producer throughout her career. As a Charlotte native who …
JRW Realty facilitates the purchase of a ShopRite for $24.75 million
PASADENA, Calif., August 9, 2022 /PRNewswire/ — JRW Real Estatea commercial real estate brokerage firm that focuses on net rental properties on behalf of institutional clients, is pleased to announce that it has facilitated the purchase of a $24.75 million net-rented ShopRite in Uniondale, NY. ShopRite is a great new addition to the list of …
Model homes: should you buy one?
Many savvy car buyers have picked up a bargain buying a showroom or floor model – cars used for demos and test drives. For house hunters, the world of residential real estate offers something similar: the model home. “Model homes are examples of homes in a subdivision, and they’re used to show the type of …
Ways your home can make you money
Your empty backyard could fill your bank account. It sounds a bit unconventional, but you can generate income from your garden by building a house there and then renting out the residence. According to Rent the Backyard, a San Francisco-based company that specializes in these arrangements, you could earn up to $12,000 per year with …
Interaction of Technology, IFM and ESG in a Real Estate Framework
ESG has become an important business consideration around the world. The need for ESG grew out of climate change concerns, investor and lender expectations, and stringent regulatory requirements. Companies are beginning to formalize ESG-related initiatives due to tangible, regulatory and reputational risks. Globally, investors and their stakeholders are increasingly using ESG metrics to screen investments, …
For Watch Hill family businesses, the charm remains and so do they
Shepard Strattman, 6, licks ice cream off his fingers as his sister Georgia, 4, from Charlestown sticks her tongue out as they sit on a bench outside the St. Clair Annex in Watch Hill Wednesday, August 3, 2022. Their mother Alleigh Strattman said they often come to the neighborhood for the day in the summer …
Business news live today: latest economic news, market news, economic and financial news
Search mutual fund quotes, news, net asset values Yes Bank INE528G01035, YESBANK, 532648 Tata Steel INE081A01020, TATASTEEL, 500470 SBI INE062A01020, SBIN, 500112 ICICI Bank INE090A01021, ICICIBANK, 532174 Zomato INE758T01015, ZOMATO, 543320 …
@properties Christie’s International Real Estate named “Brokerage of the Year” at the 2022 Inman Innovator Awards
Pioneering real estate brokerage wins one of the most prestigious awards in the industry for its growth and achievements over the past year CHICAGO and LA VEGAS, August 5, 2022 /PRNewswire/ — Capping off a year of domestic and international expansion, technological advancements and record sales, @properties Christie’s International Real Estate has been named “Brokerage …
Superior Plus Realtors cuts the ribbon
Aug. 5—LIMA — Superior Plus Realtors had a ribbon cutting at its new facility Friday at 2903 Elida Road. The event was used to honor two realtors who have contributed to the Superior Plus Realtors team – Pam Vickers and Gene Nemeche. President Kurt Neeper explained Pam Vickers’ contributions to Superior Plus Realtors. “When Yocum …
Zillow Group expects the real estate sector to “contract significantly” in the second half of 2022 – GeekWire
Rich Barton, CEO of Zillow Group. (Geekwire File Photo/Kevin Lisota) Zillow Group expects revenue from its main Premier Agent business unit to decline more than 20% year-over-year in the third quarter due to housing trends. The Seattle company exceeded expectations for its second quarter results, reporting revenue of $1 billion and GAAP net income of …
Colliers raises 2022 outlook again amid better-than-expected business activity
Colliers International has raised its outlook for 2022 for the second time since May, joining two other major real estate brokerages in announcing solid revenue growth in the second quarter despite an expected slowdown in deal activity for the rest of the year. . The Toronto-based company, the fourth-largest brokerage by revenue, reported a 20% …
Vontive closes $1 billion in real estate financing
SAN FRANCISCO AND SEATTLE–(BUSINESS WIRE)–Vontive, the leading integrated mortgage lending platform for investment real estate, today announced that it has funded more than $1.1 billion in investor-owned residential properties. The company has issued $750 million in loans for these properties, and it has a success rate of over 90% taking a mortgage from term sheet …
How to work with brokers
To share0 By James Nelson Working with the right investment broker can make all the difference. Theseindividuals represent real estate investors who wish to buy, sell or finance real estate. Investment brokers generally offer strategic advice and are aware of what is happening in the market. Plus, they have access to amazing deals. In …
Why Real Estate Agents Shouldn’t Be Afraid of Overspecialization
Oren Alexander and Nicole Oge of luxury brokerage Official told Inman Luxury Connect why honing your own specialization in real estate can help agents succeed. Inman events are the best way to connect. Get insights and build your network in October at the virtual conference Inman Login where we will explore Fall Market Industry Guide. …
The real estate agency began to “brag” about a price increase of $225 per week
A real estate company was exposed celebrating a rental price increase of $225 per week as an “achievement”. A tenant shared a screenshot of an email update from national property management company Ironfish, sharing their numbers for June. “June Achievement: Largest Rent Increase – $225 per week,” the flyer reads. Below the details is a …
The Big Fremont building is seized amid a boiling market for life sciences
FREMONT – A large building in Fremont that has been converted into a modern life sciences site has been purchased by an East Coast company hoping to capitalize on a hot Bay Area market for this type of real estate bond. Diversified Healthcare Trust, acting through an affiliate, paid $82 million for a building at …
Blueprint Healthcare Real Estate Advisors Launches Behavioral Healthcare Group
CHICAGO, August 1, 2022 /PRNewswire/ — Blueprint Healthcare Real Estate Advisors (“Blueprint”) today announced the launch of a behavioral health advisory group to join its existing housing and senior care, medical office and capital markets offerings. Industry veteran Andrew Sfreddo will serve as a behavioral health manager and another real estate veteran in behavioral health, …
Notarize offers a complete workflow for performing remote notarizations as part of the electronic closing process
With the growing demand for digital mortgage solutions, lenders want to make sure they’re partnering with professionals who can deliver the best in electronic closings. Notarize, a leader in online notarization, has heard the call for more streamlined digital mortgage options and has acted on behalf of its customers. Notarize offers technology for the real …