Cherre and AllTheRooms Announce Partnership to Integrate Accommodations Data into Real Estate Data Platform

Cherre | May 27, 2020

Cherre, the NYC-based real estate data and analytics platform, today announced a new data partnership with AllTheRooms.Analytics ("AllTheRooms"), the world's only complete accommodations aggregator. Cherre will incorporate AllTheRooms' hotel and vacation rental data into their platform, enabling mutual customers to analyze the short-term rental market alongside Cherre's foundation data, third-party data, and the customers' own internal data to optimize real estate decision making.

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REAL ESTATE INVESTMENT

JRW Realty Facilitates the Acquisition of Six Walmarts in Louisiana

JRW Realty | May 27, 2022

JRW Realty, a nationwide commercial real estate brokerage dedicated to finding and delivering net-leased properties, has facilitated the acquisition of six Walmart Neighborhood Markets in Louisiana on behalf of its client for a total price of $84 million. The six stores account for approximately 43,000 square feet each and are located in the southern or coastal Louisiana towns of Meraux, Houma, Prairieville, New Iberia, Opelousas, and Thibodaux. All purchases have single-tenant net leases in place, with individual prices ranging from $11.8 million to just under $16.5 million. The total square footage of the six stores is 257,427. JRW Realty's Jennifer Rodriguez Ventura facilitated the deal on behalf of an institutional buyer with a demand for specific net-leased properties. JLL's Alex Sharrin represented the seller in the transaction. Jennifer worked diligently to bring this transaction to fruition. We always seek the right kinds of properties for our clients' private real estate investment firms. As they have solid backing and resources, they are actively engaging in deals of this size and higher." Melinda Marston,JRW Realty's president of single-tenant net lease Walmart Neighborhood Markets were designed in 1998 as a smaller-footprint option for communities in need of a pharmacy, affordable groceries, and merchandise. Each location employs up to 95 associates. "Our clients have specific criteria for purchasing real estate," Marston said. "One such criteria is net-leased properties tenanted by creditworthy clients. These Walmart Neighborhood Markets fit that description as well as anything could, and we are delighted to have been able to bring this deal to our clients and to help them complete a successful closing." About JRW Realty JRW Realty is a commercial real estate brokerage firm that has closed on more than 900 properties valued at more than $3.6 billion on behalf of its clients. JRW Realty's team places special focus on due diligence, reviewing over 100 properties each week and only choosing to source for clients the best 3-4% according to their rigorous acquisition criteria.

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REAL ESTATE TECHNOLOGY,REAL ESTATE ADVICE

Offerpad Helps Simplify the Home Mortgage Experience with New Mobile App

Offerpad | August 02, 2022

Offerpad, a leading tech-enabled platform for buying and selling residential real estate, today revealed a new mobile app that simplifies the home loan process to make it less time-consuming and overwhelming for borrowers. Digital tools designed for on-the-go efficiency, combined with the personal touch of Offerpad’s home loan and refinance experts, provide borrowers with a seamless journey to homeownership. "We have financing solutions to help make buyers’ dreams of home ownership a reality. Whether you’re a first-time buyer or need to sell before you buy, Offerpad can help you get the home you want with financing solutions to fit your unique needs. With our new mobile app, we're taking the mortgage process from time-consuming to timesaving" - Offerpad Vice President of Home Loans James J.R. Samsing. Offerpad’s new mobile app removes complexity and friction from the home loan process to provide borrowers with valuable benefits: Customizable and flexible loan application process Navigate the application process from the mobile app, online portal or toggle back and forth for a flexible and frustration-free mortgage experience. Easily access loan applications, complete tasks, securely scan, upload and e-sign documents, check on loan progress and communicate with an Offerpad loan officer – all from a single login. Securely and quickly submit loan documents from any mobile device. Fast and transparent pre-qualification and pre-approval Access loan products, pricing scenarios, quotes and rates from anywhere. Push notifications provide immediate transparency into loan progress, including pre-qualification or pre-approval status. In-app notifications for critical requests and required tasks ensure faster loan processing. Sell, buy and finance together to save thousands Bundle to save up to $4,000 when combining Offerpad’s sell and buy solutions with financing from Offerpad Home Loans. Borrowers can find a mortgage and keep the rate for up to 90 days for certainty and control while home shopping. About Offerpad Offerpad’s mission is to deliver the best home buying and selling experience so you can spend less time ‘real estat-ing’ and more time living. From cash offers and flexible listing options to mortgages and buyer services, Offerpad has been helping homeowners since 2015. We pair our local expertise in residential real estate with proprietary technology to put you in control of the process and help find the right solution that fits your needs. Offerpad’s real estate solutions are available in 28 U.S. markets and more than 1,800 cities and towns across the country. Visit Offerpad.com for more information.

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REAL ESTATE INVESTMENT

Terreno Realty Corporation Acquires Property in Newark, NJ for $11.9 Million

Terreno Realty Corporation | May 23, 2022

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