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Real Estate Technology
PS Business Parks | May 31, 2022
PS Business Parks, Inc. announced the expiration of the “go-shop” period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate, dated as of April 24, 2022 (merger agreement). Under the terms of the merger agreement, Blackstone has agreed to acquire all the outstanding shares of the Company’s common stock for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses. The...
Agent, Real Estate Investment
PRnewswire | April 05, 2023
RentSpree, the industry's premier end-to-end rental management software provider, today announced the release of its brand new subscription service, RentSpree PRO. PRO bundles transaction and marketing tools for agents that help streamline the entire rental process. With existing home sales continuing to fall in a rising interest rate environment, the focus has shifted to the rental market and these new tools support its steep increase in competition.
PRO combines existing t...
HousingWire | February 28, 2020
The average U.S. fixed rate for a 30-year mortgage fell to 3.45% this week, matching the three-year low set three weeks ago. The rate declined as global money managers spooked by the coronavirus named Covid-19 piled into the U.S. bond markets, boosting competition for securities back by home loans. Although the rate is only four basis points below the previous week’s level, it’s almost a percentage point below the 4.35% of the same week a year ago, according to Freddie Mac. Given the...
Real Estate Investment
ONE Sotheby’s | January 31, 2022
ONE Sotheby's International Realty announces the leading luxury brokerages entrance into the Northeast Florida market with the addition of affiliate firm First Coast Sotheby's International Realty. Marking its eighth recent acquisition, ONE Sotheby's International Realty continues to expand its presence along Florida's East Coast by welcoming First Coast's 93 agents and 5 offices across Palm Coast, St. Augustine, Ponte Vedra Beach, Jacksonville, and Amelia Island. The company...
Real Estate Technology, Real Estate Investment
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Brokerage, Mortgage and Lending
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