CRE Stakeholders Clamp Down On Data Privacy and Cybersecurity

GlobeSt | January 29, 2020

Commercial real estate stakeholders aren’t leaving data privacy and cybersecurity to chance in 2020. Stakeholders across the industry are clamping down as both become a pressing challenge among connected buildings, Arie Barendrecht, CEO of WiredScore, a CRE tech firm and creator of a digital connectivity rating system for the sector, tells GlobeSt.com. In a hyper-connected world, no company will stake its success on occupying a building with an un-secure digital infrastructure,” he said. “If your property isn’t fortified against cybersecurity threats, you’ll risk losing major tenants to landlords who are prepared to meet their tenants’ evolving security needs. Barendrecht expects increased sensitivity to cyber threats in the sector, which will coincide with the continued emergence and reliance on digital devices and the ‘Internet of Things,’ he said. “It is already transforming our lives at home as devices like Alexa or Google Home become a natural extension, they’ll also become a natural fixture in the office

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Check out this synopsis of the past and present Kathleen GA real estate market. Let’s see what the Kathleen GA Real Estate Market in August 2015 was up to!

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REAL ESTATE INVESTMENT

Coldwell Banker Announces Acquisition of Iconic Manhattan Real Estate Brand Warburg Realty

Realogy Holdings Corp. | October 06, 2021

Coldwell Banker Real Estate, LLC and Warburg Realty, two of the most trusted and exemplary real estate companies in America, have joined together to form Coldwell Banker Warburg, a legacy New York firm leveraging the worldwide global power of the Coldwell Banker brand name. The new powerhouse Coldwell Banker Warburg will be fully rebranded in January of 2022, following filing with the State. Warburg Realty and Coldwell Banker each bring more than 100 years of industry experience and success, originating from opposite coasts of the country. The companies were established within a decade of each other, Coldwell Banker in San Francisco in 1906 and Warburg Realty in New York in 1896. The newly combined entity is thus grounded in 240 combined years of industry knowledge and proven track records of excellence. Chief Executive Officer of Warburg Realty Frederick Warburg Peters, along with his management team and elite brokerage force, will remain with the newly combined company. Warburg Realty will retain its two prime office locations, comprising more than 120 affiliated sales professionals. Coldwell Banker Warburg will be the first acquisition to be fully branded under the Coldwell Banker Global Luxury program, underlining the significance of a top-quality New York presence added to the Coldwell Banker brand's best-in-class client services in such markets as Los Angeles, Aspen, Colorado and Miami. For over 120 years, Warburg Realty has defined the highest standard in luxury real estate brokerage and has built, managed, and brokered many of New York City's most prominent houses and apartments. While Warburg has maintained a cutting-edge profile and constantly adapted to an ever-changing industry, the addition of the Coldwell Banker brand's cutting-edge suite of marketing, education, and state-of-the-art technology tools will enable the firm to even more effectively spread its wings. Led by CEO, broker, and real estate innovator Frederick Warburg Peters and headquartered on Madison Avenue, the company's affiliated agents are strategically located across Manhattan to ensure every client has seamless access to the city's finest properties. Warburg Realty luxury agents are leaders in the New York Market and this partnership will provide them with the Coldwell Banker brand's powerful Global Luxury certification program and access to a global network of luxury experts to better serve their high-net-worth clientele. The Coldwell Banker Global Luxury program represents over $168 million in sales volume daily based on 2020 data. Having a New York presence will significantly strengthen the company's global position while reinforcing Warburg's leadership in the New York luxury space. The newly minted Coldwell Banker Warburg will continue to deliver the same top-quality services clients have come to expect. Enjoying centuries of joint experience and on-the-ground resources, Coldwell Banker Warburg will continue to push the industry forward. This is a groundbreaking moment for both Coldwell Banker and Warburg Realty. This marks the Coldwell Banker brand's expansion into Manhattan and solidifies our presence in the New York luxury real estate landscape. With its storied legacy and tradition of extraordinary service, Warburg has earned significant respect from customers, colleagues, and me. We have a strong personal relationship, and I have deep admiration for Frederick and the entire Warburg team. We look forward to further strengthening our position as a North Star of luxury real estate in New York City for many more decades to come. —M. Ryan Gorman, president and CEO, Coldwell Banker Real Estate LLC I am extremely proud and happy to see Warburg Realty become a partner in the Coldwell Banker brand's Global Luxury initiative. Throughout my 40-year career in residential real estate, I have worked to elevate the integrity and professionalism of our industry. Working with the Coldwell Banker brand, I am giving Warburg agents the finest tools to create even more value for our clients and customers. I know this joining of congruent brands will benefit us all. We can't wait to get started! —Frederick Warburg Peters, CEO, Coldwell Banker Warburg Coldwell Banker Warburg will operate as part of Coldwell Banker Realty, the company-owned offices of Coldwell Banker. A subsidiary of Realogy (NYSE: RLGY), which owns the Coldwell Banker company-owned offices, acquired Warburg Realty. About Coldwell Banker Real Estate LLC Powered by its network of over 96,000 affiliated sales professionals in approximately 2,900 offices across 40 countries and territories, the Coldwell Banker® organization is a leading provider of full-service residential and commercial real estate brokerage services. The Coldwell Banker brand prides itself on its history of expertise, honesty and an empowering culture of excellence since its beginnings in 1906. Coldwell Banker Real Estate is committed to providing its network of sales professionals with the tools and insights needed to excel in today's marketplace and is known for its bold leadership and dedication to driving the industry forward. The brand was named among the 2021 Women's Choice Award® Most Recommended brands for customer experience and overall quality. Blue is bold and the integrity and values of Coldwell Banker give the Gen Blue network an unbeatable edge. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. About Coldwell Banker Global Luxury® The Coldwell Banker Global Luxury® program legacy traces its roots to 1933 and has been a world leader in luxury real estate since. Coldwell Banker Global Luxury Property Specialists are an exclusive group within the Coldwell Banker organization, making up under ten percent of independent sales associates affiliated with the brand worldwide. Coldwell Banker affiliated agents conducted 27,595 transactions of homes priced at $1 million or more in 2019, more than any other national real estate brand. This equates to $144.4 million in sales every day with an average sales price of $1.9 million in this category. Coldwell Banker, the Coldwell Banker logo Coldwell Banker Global Luxury and the Coldwell Banker Global Luxury logo are registered marks owned by Coldwell Banker Real Estate LLC. Each franchise is independently owned and operated. About Realogy Holdings Corp. Realogy (NYSE: RLGY) is moving the real estate industry to what's next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.4 million home transactions in 2020. The company's diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby's International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its approximately 194,200 independent sales agents in the U.S. and more than 142,700 independent sales agents in 117 other countries and territories, helping them build stronger businesses and best serve today's consumers. Recognized for ten consecutive years as one of the World's Most Ethical Companies, Realogy has also been designated a Great Place to Work four years in a row and is one of LinkedIn's 2021 Top Companies in the U.S.

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REAL ESTATE TECHNOLOGY

Global Investment Firm KKR Expands Its Self-Storage Real Estate Portfolio

KKR | March 24, 2022

KKR, a premier global investment firm, announced on March 23rd that it has expanded its self-storage real estate portfolio.The acquisition was made through KKR Real EstateParntersAmericas III. The acquisition was made through KKR Real Estate Parnters Americas III. Denver and Nashville are important destinations for our self-storage investing strategy, and we are excited to grow our footprint in both markets with the purchase of three modern, well-located properties. We are continuing our focus on acquiring high-quality assets in growth markets and working with our team of experienced operators to deliver a best-in-class user experience for self-storage customers.” Ben Brudney, a Director in the real estate group at KKR The two properties in Denver were complete in 2017 and 2018 while the property in Nashville was completed in 2018. With the purchase, KKR has added a total of 2,000 units to its self-storage portfolio. The firm has expanded its footprint in two of the country’s fastest growing metropolitan regions. The announcement follows KKR’s launch of Alpha Storage Properties (ASP) in December 2021. ASP will acquire and manage the organization’s portfolio of self-storage properties in high-growth markets across the country.

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REAL ESTATE INVESTMENT

33 Holdings LLC & Beers Housing Inc., Merge Operations & Service Lines to create a Vertically Integrated Real Estate Platform.

33 Holdings, LLC | August 13, 2021

33 Holdings LLC announced the signing today of a merger agreement to acquire interest in Beers Housing Inc., a General Contractor and a leading service provider in mortgage field services, maintenance, rehab, construction and development in the southeast US. The M&A is expected to strengthen 33 Holding's vertically integrated real estate platform executing value-add and opportunistic real estate projects. "Joining 33 Holdings LLC is an incremental progression in our quest to build a world class mortgage field services and construction service business," commented Chad Beers, Founder & Chief Executive Officer of Beers Housing Inc. "As part of 33 Holdings LLC, we will be able to serve 33's existing portfolio as well as attract new industry-wide clients. This is truly an exciting relationship for our customers, vendors and employees and will help position our business for strong growth in the future," he stated. "This investment in Beers Housing Inc., presents a great opportunity for 33 Holdings LLC to add a leading mortgage field services & construction services business to our platform," stated Sanjay Raghavaraju, Founder & Chief Executive Officer of 33 Holdings LLC. "With this merger, it will create a fully functional private equity real estate company that will create higher returns and faster delivery of real estate projects to our clients," stated Corey Oldknow, Broker & Chief Acquisitions Officer of 33 Holdings LLC. Under the terms of the agreement, Beers Housing Inc., will operate under the Beers Construction Partners (BCP) name and under the current leadership. In addition, Heather Beers, Managing Partner of Beers Housing Inc., will take on the role of Chief Operating Officer (COO) at 33 Holdings LLC & Beers Housing Inc., helping with the integration of the two companies while ensuring value to Investors and Clients over the next few months. Both Chad Beers & Heather Beers will join Corey Oldknow & Sanjay Raghavaraju as Principals of 33 Holdings LLC. "Beers Housing Inc., is excited to join the 33 group of companies," said Heather Beers, Managing Partner of Beers Housing Inc. "Our respective cultures, goals and investment philosophies are very much aligned. Beers Construction Partners (BCP) will remain a leading Mortgage Field Services & Construction Services firm, now benefiting from the support of 33's significant financial and operational resources. The partnership with 33 ensures that BCP's principals will remain majority-owners of the firm. With this integration, we see a growth opportunity given the seismic shifts in the real estate market, which our partners and staff will thrive, enabling us to better serve our investors and impact the communities we operate in." About 33 Holdings LLC (33) 33 Holdings LLC specializes in real estate investment, acquisition, development, construction and asset management across the Southeast US with a concentration on primary and secondary markets. Sanjay Raghavaraju founded 33 Holdings LLC on the premise that investment in real estate should be driven by sound market fundamentals, a flexible time horizon and strong alignment of interest between investors and managers. 33 Holdings has a strong track record of driving investment results. 33 Holdings differentiates itself by providing hands-on real estate investment management, creative deal structuring, and transparent communication with investors. About Beers Construction Partners (BCP), Beers Construction Partners specializes in maintaining and adding value to bank and investor assets throughout the Southeast by using a hands-on approach with a hybrid employee/subcontractor base model. Chad Beers, founded Beers Housing in 2007 with a strong focus on the mortgage field service space as well as fix and flip and has been able to adapt to various services lines with the strong leadership and client relationships brought in by Heather Beers to not only meet but exceed the industry and economical needs in the housing market. Beers Housing now has multiple service lines to include mortgage field services, maintenance, rehab, ground up construction and development.

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