BROKERAGE,HOME AND DESIGN
HUB International and RESAAS | August 03, 2022
Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, today announced its partnership with RESAAS Services Inc., a technology platform for the real estate industry, for clients of RESAAS agents to access VIU by HUB, a digital brokerage platform for transactional personal insurance created for customers who want a digital-first experience with human interaction and advice.
HUB launched VIU by HUB in June 2022 and is quickly gaining interest and adoption by partners like RESAAS, which reflects a growing number of relationships in the real estate industry, financial services, and auto dealer sector.
"VIU by HUB is a game changer, and our exclusive partnership with RESAAS and its network of 500,000 real estate agents is the type of relationship we had in mind when we first launched our innovative digital-first brokerage platform, VIU by HUB allows RESAAS agents across the U.S. to tap into the expertise and insurance relationships HUB has cultivated and offer their clients a streamlined digital experience to purchasing insurance -- adding value to RESAAS's already stellar real estate services."
-Bryan Davis, EVP, Head of VIU
With the ever-changing consumer landscape demanding choice, VIU by HUB meets customers where they are and gives them the freedom to secure insurance how they want.
Tom Rossiter, CEO of RESAAS added, RESAAS continues to expand our offering beyond the real estate transaction to deliver value for our real estate professionals before, during and after a home purchase. When reviewing the insurance landscape, VIU by HUB's personalized approach offers the right experience for the 500,000 RESAAS agents and their clients. RESAAS is proud to partner with VIU by HUB as our exclusive insurance partner within the global RESAAS platform.
Under the terms of the agreement, HUB has joined RESAAS's Ancillary Services division that enables RESAAS agents to generate additional, non-transactional recurring revenue by introducing their clients to select, nationwide and best-in-class partnerships endorsed by RESAAS. HUB and RESAAS will share in the commissions generated by sales from this partnership.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 14,000 employees in offices located throughout North America, HUB's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, please visit www.hubinternational.com.
About RESAAS Services Inc.
Headquartered in Vancouver, Canada, RESAAS (TSX-V: RSS,OTCQB: RSASF) is an award-winning global technology platform for the real estate industry. With over 500,000 real estate agents utilizing RESAAS in 160 countries, RESAAS enables real-time industry communication, delivers new business opportunities and captures unique real estate data. Some of real estate's biggest brands leverage RESAAS to provide business intelligence to real estate brokerages, franchises and associations. For more information, please visit https://www.resaas.com.
REAL ESTATE TECHNOLOGY
JLL-IR | July 07, 2022
JLL announced it has acquired Metropolitan Valuation Services ("MVS"), one of the largest independent commercial property appraisal and real estate consulting firms in the greater New York metropolitan area.
The addition of 20 valuations professionals to JLL's existing team of 10 creates an advisory powerhouse during a period of intensive pricing discovery. MVS's core competency extends to multi-housing, CBD and suburban office buildings, industrial/warehouse and shopping/retail properties, land, property transfers and market rent studies and appraisals for HUD section 8 properties. MVS was founded in 2003 by Principal and Co-Founder Steven Schleider. Clients include major financial institutions, Fortune 500 corporations, REITs, commercial real estate developers, investors, insurance companies, law firms, City of New York and government agencies.
"MVS, a 20-year-old experienced Tri-State team of highly seasoned professionals with a deep and intimate knowledge of New York, is well placed to empower clients with information and knowledge to help them make the best decisions for their real estate assets. Joining forces with MVS enables JLL to enhance our service for existing clients, strengthen our multi-housing capabilities within this buoyant segment and scale our footprint across the U.S.,"
Tony Lenamon, Head of Valuation Advisory at JLL in the Americas
Executive Vice President Ross Friedman and the existing JLL NYC Tri-State team will join forces with MVS Executive Vice Presidents Peter Rastetter and David Lyon under the leadership of Steven Schleider. "We have a unique and detailed understanding of the Tri-State area and I'm excited by the opportunity to expand our capabilities to better serve our clients as part of JLL," said Steven Schleider, President of Metropolitan Valuation Services.
"With JLL, we will have the resources to scale faster, broaden our existing practice areas, serve new asset sectors and to continue assisting investors and lenders in the NYC Tri-State area. We will also advise lenders and owners on navigating the valuation impacts that the energy mandates and sustainability regulations will have on commercial properties. This will all lead to a better understanding of the upside to be gained by creating healthy, sustainable buildings while helping New York City achieve its net zero targets."
As the top investment market globally over the last decade and a top-two market for cross-border investment over this time period, New York remains a key gateway city for national portfolios and global capital. As economic conditions, mobility patterns, consumer spending and tourism are improving in New York, the market is increasingly solidifying its position as a leading global hub for talent and resilient market for investment.
JLL's 2,000 qualified valuation professionals are connected across more than 50 countries, sharing insights and real-time data to advise on changing market dynamics and trends before they happen. A global community of sector-based specialists, the team delivers tailored client solutions for your real estate and business asset interests, giving an accurate picture of value and risk across any opportunity.
U.S. property valuation and tax consulting services are performed by JLL Valuation & Advisory Services, LLC, a wholly owned indirect subsidiary of Jones Lang LaSalle Incorporated.
About Metropolitan Valuation Services
Metropolitan Valuation Services is one of the largest independent commercial property appraisal and real estate consulting firms in the greater New York metropolitan area. Our clients include major financial institutions, Fortune 500 corporations, REITs, commercial real estate developers, investors, insurance companies, law firms, and government agencies.
JLL is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000 as of March 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.
Muriya | July 18, 2022
Muriya, Oman's most diversified real estate developer, has announced the launch of Fanar Views, a new first-of-its-kind residential project primely located in Hawana Salalah. Just a five-minute walk to the Fanar Hotel & Residences beach, the marina and the destination's world-class amenities, Fanar Views offers luxurious waterfront living and a unique investment opportunity with high potential returns within a lucrative year-round rental market.
The project boasts a limited selection of townhouses, twin- and standalone villas, fully serviced and furnished, with private pools overlooking the lagoons. Properties in Fanar Views are available with one-, two- and three bedrooms, offering resort-style living in a developed community. Buyers of all nationalities can also enjoy lifetime family residency, complimentary use of the Fanar Hotel & Residences' swimming pool, beaches, sports facilities, gym, business center and exclusive discounts at the hotel's restaurants.
"With the Governorate of Dhofar continuing to gain standing as a sought-after tourist destination and growing real estate market, Fanar Views is a great choice for living as well as a robust investment opportunity. As the first such development in the area, Fanar Views offers an ideal base from which to experience the beauty of the Governorate, complete with access to all of what Hawana Salalah as well as the key offerings that Fanar Hotel & Residences have to offer, As our latest prestigious neighbourhood, Fanar Views is designed with luxury living in mind, and whether for couples, families, or as a lucrative rental with high return on investment potential in Oman's rapidly-expanding subtropical city, the new neighbourhood unlocks the exceptional."
Seif Elkhouly, Chief Development Officer, Muriya
At the heart of the Governorate of Dhofar sits Hawana Salalah, where resort living becomes a lifestyle. The destination offers plenty of opportunities to live and invest throughout a growing range of freehold properties. Meanwhile, across its 13.6 million sqm Land Area, it offers 1,100 hotel rooms, 7km white sandy beaches, a 170 berth Marina, an Aqua Park, and a variety of bustling restaurants and cafes. Drawing residents and tourists from near and far, Muriya's flagship destination is brimming with life, offering open space, natural surroundings, and a place to be enjoyed for generations to come.
Muriya, the developer of Hawana Salalah, is a partnership between the leading government arm for tourism development in Oman, Oman Tourism Development Company (OMRAN), and the internationally acclaimed developer of fully-integrated towns, Orascom Development Holding (ODH).
Combining global and local expertise, Muriya is a partnership between the internationally acclaimed developer of fully-integrated towns, Orascom Development Holding (ODH) (70%) and the leading government arm for tourism development in Oman, Oman Tourism Development Company (OMRAN) (30%). Established in 2006, Muriya has been leading a solid business performance boasting investments worth over $750 million in developing Oman's most iconic Integrated Tourism Complexes (ITCs), while highlighting the Sultanate's history, heritage and natural beauty in the process. "Building Communities, Enriching Lives" is Muriya's priority across its portfolio of projects that includes, Hawana Salalah, Jebel Sifah and As Sodah Island, located in the Indian Ocean across the southern coast of Dhofar.
Muriya's flagship destination Hawana Salalah is located in the tropical city of Salalah in the Governorate of Dhofar southeast of Oman, with an area of 13.6 million sqm and will house a total of seven hotels, of which the 577-room Fanar Hotel & Residences, the 422-room Salalah Rotana Resort, the 82-room Juweira Boutique Hotel and the 19-beachfront hut, Souly Lodge are operational; totalling the available luxury hotel rooms to 1,100. The destination is home to Oman's first aqua park, the Hawana Aqua Park, a 170-berth marina, freehold residences, which are available to own or rent, and retail venues, restaurants and cafes.
Jebel Sifah, located 40 minutes from the capital city of Muscat, is spread over 6.2 million sqm and is designed to include five world-class hotels, of which the 68-room Sifawy Boutique Hotel is operational. It also houses freehold residences, which are available to own or rent, an 84-berth marina, and a wide range of dining and leisure facilities, and the 9-hole PGA Harradine signature golf course, Muscat's first course offering spectacular sea and mountain views to golfers.