Silicon Valley startups are shaking up the American real estate market with a system called iBuying. With iBuying, you contact an online company like Zillow or Opendoor and it gives you an offer nearly instantly, meaning you skip the entire process of listing your home and negotiating with sellers. iBuying currently only makes up about 0.2% of U.S. home sales, but some analysts believe it could touch up to 10% of all transactions by 2022. Despite the hype, iBuying does have its share of disadvan...
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PGIM Real Estate has sold Glendale Plaza, a
547,301-square-foot Glendale office property, acting on behalf of institutional
investors. PGIM Real Estate is the real estate investment business of PGIM, the
global investment management businesses of Prudential Financial, Inc. (NYSE:
PRU)....
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First known as Topside and more recently as The 49th Estate, a 1920s-era showplace overlooking much of the Bear Creek drainage with views of Mount McLoughlin, Mount Thielsen and Diamond Peak is on the market for $1.7 million....
MAILTRIBUNE
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For institutional investors, 2016 was a year of portfolio rightsizing. In 2017, this cascaded throughout the commercial real estate sector, which has seen an increase in flight-to-quality strategies, a widened bid-sell gap and uncertainty related to the effects of monetary policy....
NREIONLINE.COM
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MassHousing has provided a total of $135.5 million in financing to an affiliate of the non-profit Retirement Housing Foundation (RHF), to enable RHF to launch a major renovation of the 404-unit Symphony Plaza in Boston, and extend affordability at the property for at least 30 years. The Symphony Plaza refinancing was completed through the Federal Housing Administration’s Housing Tax Credit Pilot Program. The Tax Credit Pilot Program allows borrowers to utilize federal Low-Income Housing Ta...
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Investment volumes in the UK commercial property market in 2018 will total around £55 billion with returns of 6.4%, down on the £60 billion expected to be confirmed for 2017, a new analysis suggests The removal of capital gains tax exemption for overseas investors in UK commercial property could be seen as a temporary blow to the market, according to the research from real estate firm JLL but it does not believe the change will deter investors in the long term....
PROPERTYWIRE.COM
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