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REAL ESTATE INVESTMENT
ACRE | June 29, 2022
ACRE, a global real estate private equity firm, announced it has finalized a $43.5 million bridge loan with Peak Capital Partners (“Peak Capital”), to support the luxury multifamily apartment community ‘Connect at First Creek’ in Denver, Colorado. Issued through ACRE’s latest debt fund “ACRE Credit I”, the loan will support Peak Capital’s purchase of the 150-unit community. Executed in May, the 3-year agreement includes options for t...
REAL ESTATE ADVICE
Redfin | June 27, 2022
Demand for vacation homes has fallen below the pre-pandemic baseline for the first time in two years, with mortgage-rate locks for second homes down 4% from before the pandemic in May, according to a new report from Redfin, the technology-powered real estate brokerage. That’s down from a revised rate of 3% above pre-pandemic levels a month earlier, and 70% above pre-pandemic levels a year earlier. Demand for second homes is declining due to high home prices, mortgage rates t...
INVESTMENTS
Berkshire Hathaway HomeServices | August 24, 2021
Berkshire Hathaway HomeServices, a global residential real estate brokerage franchise network, is delighted to welcome Berkshire Hathaway HomeServices Brick & Mortar Real Estate to its global network. The addition marks the brand's continued growth in the state of Washington and the 11th company in the state. “We are proud to have Berkshire Hathaway HomeServices Brick & Mortar Real Estate carry the brand into new markets in Washington.” Owned...
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Businesswire | April 10, 2023
Built Technologies, one of the fastest growing construction and real estate fintech software providers in the U.S., today announced the launch of a new business unit focused on commercial property developers. This expansion will enable the development of new, purpose-built solutions designed to address the unique needs of this market. Built’s first product for commercial property developers is set to launch later in 2023. In partnership with highly respected commercial pro...
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