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Business Wire | January 27, 2020
Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has closed on its previously announced acquisition of Normandy Real Estate Management, LLC, a developer, operator and investment manager of office and mixed-use assets in New York, Boston, and Washington, D.C. Columbia acquired the operating platform and real property interests of Normandy for aggregate cash and stock consideration of approximately $100 million, exclusive of transaction and closing costs. This consideration consis...
MARKET OUTLOOK, REAL ESTATE TECHNOLOGY
MRI Software | February 27, 2023
One of the leading software solutions in real estate, MRI Software, announced it completed the acquisition of the $93.4 million stock of PropTech Group. The Foreign Investment Review Board (FIRB), Australian Competition and Consumer Commission (ACCC), and Federal Court of Australia approved the highly anticipated transaction, first announced last year. Australia's property technology (PropTech) industry has experienced extraordinary growth in recent years due to an influx of...
REAL ESTATE TECHNOLOGY
prnewswire | March 01, 2021
World Series of Golf, Inc. through its new working auxiliary, Vaycaychella, today reported starting beta testing of its elective account application intended to encourage the acquisition of momentary investment properties. Tomorrow, an email will go out to all gatherings that communicated interest on the organization's site in taking part as beta clients. Subsequent to affirming beta clients, the organization will give the beta clients admittance to the Vaycaychella applicatio...
HousingWire | February 06, 2020
The average U.S. rate for a 30-year fixed mortgage this week fell to a three-year low of 3.45% as worries about coronavirus drove investors into the U.S. bond markets. That’s the lowest rate since 3.42% in the first week of October 2016 and it’s almost a full percentage point below the 4.41% recorded a year earlier, according to the Freddie Mac report. Investors are piling into U.S. bonds as a safe haven while the world weighs the possible economic implications of the coronavirus pan...
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