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NREI | March 26, 2020
After days of rancorous negotiations, the U.S. Senate unanimously approved a $2 trillion+ economic stimulus bill aimed at helping the American economy navigate an unprecedented shock. The House appeared poised to pass the legislation on Friday and President Trump has promised to sign the bill as soon as it reaches his desk. It could not come at a more pressing time. On Thursday morning the Department of Labor reported that initial jobless claims soared to a seasonally adjusted 3.28 million in th...
Cision PR Newswire | February 19, 2020
Starwood Real Estate Income Trust ("SREIT"), a non-traded REIT managed by Starwood Capital Group ("Starwood Capital"), announced today the acquisition of a stabilized Southeast Affordable Housing Portfolio with 3,336 units located in 18 communities. With this acquisition, controlled affiliates of Starwood Capital own approximately 24,000 affordable housing units across the country, collectively making the Starwood entities a top-five owner of affordable housing units in the U...
Cision PR Newswire | March 12, 2020
Century 21 Real Estate LLC announced a new technology solutions collaboration with Immobel--The CENTURY 21 Global Referral NetworkSM (the "Referral Network")—which will eventually connect its 11,500 offices worldwide and help its relentless affiliated sales professionals take extraordinary experiences to global heights. Currently offered in eight countries (United States, Spain, Portugal, Russia, Cyprus, Montenegro, Albania and Macedonia), the Referral Network is a market differe...
Cision PR Newswire | February 03, 2020
BBG, a leading national commercial real estate due diligence firm, today announced that it acquired Herr Valuation Advisors, Inc., a Tampa-based real estate appraisal firm. Terms of the transaction were not disclosed. The deal marks BBG's second acquisition within the past five months. In October 2019, BBG acquired New Jersey-based Izenberg Appraisal Associates, Inc. BBG has a total of 36 offices nationwide. HVA, a leading Florida appraisal firm, is widely known for its extensive expertise i...
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