Boston Capital

Multi housing News | April 02, 2020

A new luxury community filled with amenities and local art is now open. Mortenson Development has completed Rafter, its 283-unit multifamily community in northeast Minneapolis. Mortenson, along with US Bank, hired Cuningham Group as the project’s architect, conceptual and interior designer. Located at 333 Hennepin Ave. E., Rafter offers studios, one-, two- and three-bedroom floorplans with penthouse options. At 26 stories tall and totaling 407,530 square feet, the property will also house ...

Real Estate Technology

Redfin | July 06, 2022

In 2020 and 2021, purchases of second homes with high flood risk rose 45% from the prior two-year period (2018-2019), according to a new analysis of ClimateCheck data from Redfin (redfin.com), the technology-powered real estate brokerage. There were also significant increases in purchases of second homes with high storm risk (40%) and high heat risk (39%). Demand for second homes surged during the pandemic as low mortgage rates, remote work and the desire to escape the city drove ...

Real Estate Investment, Asset Management

Businesswire | May 31, 2023

Closinglock, a leading provider of fraud prevention solutions for the real estate industry, today announced the availability of a new identity verification solution that helps title agencies and real estate firms combat the growing amount of fraud. Seller impersonation fraud is one such area of fraud that is on the rise. This type of fraud primarily involves identity theft to sell vacant land, second homes, and vacation and rental properties all across the country. Cl...

Multi-Housing News | February 06, 2020

Cushman & Wakefield has entered into a definitive agreement to purchase Dallas-based Pinnacle Property Management Services. Subject to customary closing conditions, the purchase establishes Cushman & Wakefield’s U.S. Multifamily Property Management platform. Rick Graf, president & CEO of Pinnacle, will lead this platform in the Americas. Following the merger, Cushman & Wakefield’s management portfolio will increase to a total of almost 870 million square feet. Accordi...