REAL ESTATE INVESTMENT
Chime Technologies | September 15, 2022
Chime Technologies, an award-winning real estate technology innovator, today announced The Real Brokerage has engaged with the company to serve as the organization’s customer relationship management (CRM) platform of choice.
One of the industry’s fastest growing brokerages and a Chime customer since 2019, Real’s leadership undertook an extensive review of their technology partnerships earlier this year. After an exhaustive competitive review, Real has once again committed to providing their agents with Chime, the industry’s most innovative CRM, information data exchange (IDX) and marketing automation platform. To learn more about how Chime is powering Real agents' businesses, join us at the inaugural One Real Conference taking place October 17-19, 2022, in San Antonio, Texas.
“Eighteen months ago, we mapped a multifaceted plan to strategically grow our agent base, and industry-leading technology was foundational to that plan, We are committed to providing agents and teams with the best, most innovative tools on the market, and we are confident in Chime’s value to help our agents grow and scale.”
-Real Chairman and CEO Tamir Poleg
Brokerages like Real understand just how important technology is to underpin the growth and expansion of their business. Unlike other offerings, Chime’s all-in-one enterprise platform was expressly created with brokerages like Real in mind and built from the ground up based on customer feedback. The centralized platform features flexible account structure, unique lead routing and distribution capabilities, and even the ability to white label.
Under the expanded agreement, the agents and teams at Real will have access to an upgraded suite of innovative tools from Chime, including the new competitive market analysis offering and Social Studio, Chime’s social media marketing automation capability. With an easy-to-use system that improves agent productivity and takes the pain out of CRM adoption, Chime enables firms like Real to recruit and retain the industry’s best agents and accelerate profitable growth.
Shifting market conditions in the real estate industry result in tight competition at both the agent and broker level, Modern brokerages such as Real that embrace and adopt technology uniquely suited to address the complexities of brokerage operations will be well-positioned to stand out from the competition and thrive. We are thrilled the team at Real has reconfirmed the value we provide to their rapidly growing business and look forward to helping them achieve their goals,noted Joe Daee, Vice President of Enterprise at Chime.
Chime will also be a featured sponsor of the inaugural One Real Conference 2022. During the event, our executives will take the stage to highlight how Chime’s all-in-one CRM platform can grow agents' businesses.
About Chime Technologies
Chime is an award-winning real estate technology innovator headquartered in Phoenix, Arizona. Our AI-powered platform empowers real estate professionals, teams, and brokerages with the tools they need to automate lead generation operations, drive conversions, and grow their business.
LIVING VOGUE REAL ESTATE | September 06, 2022
Living Vogue LLC, doing business as Living Vogue Real Estate, a Florida-based luxury real estate company, announced today it will begin offering agents a 100% commission compensation option. In addition to this new alternative, the brokerage adjusted its traditional commission plan, with higher take-home percentages, thresholds, and an added cap, making it much more attractive to accomplished agents. Earlier this summer the company shocked competitors when it announced it had terminated 10% of its workforce as underperforming. Today's news makes it clear that the company is going after the best, most successful agents as it continues to grow.
"While most of the industry is tightening, we're investing back into our most valuable asset: our agents. By offering more extensive benefits and higher compensation than our competitors, our goal is to attract and retain the best talent and thereby offer the highest level of luxury real estate services to consumers,"
- Mark Coppens, CEO of Living Vogue Real Estate
Following record growth in 2021, the brokerage has no plans of slowing down. With agents doing business across the state in six different REALTOR Associations, executives aren't shy about their bold plans to expand into other highly competitive markets. They credit the company's success to their fundamental shift in focus onto the client experience, beyond just the predictably impersonal transaction of buying or selling a home. By curating an upscale, uniquely luxurious experience for clients in their Showrooms; engagement, sales, and brand loyalty have been remarkable.
Visit a Chanel boutique in an upscale mall and you'll see a line to get in stretching around the corner. Why wait in that line when you can buy the same handbag online? It's the genteel staff, complimentary champagne, and exclusive feel that are the hallmarks of a truly luxurious experience worth seeking out. Buying a multimillion-dollar home in paradise should feel just as luxurious as scoring that latest Louis Vuitton scarf at their flagship storefront on the Champs-Élysées. So, we've structured our unique Showrooms to focus on this client experience, and placed them in high foot-traffic upscale locations to give agents the tremendous lead opportunities, added Mr. Coppens.
ABOUT LIVING VOGUE REAL ESTATE
Living Vogue Real Estate, headquartered in Sarasota Florida, is all about the exclusive experience. From the moment you step into one of their swanky showrooms you're greeted with a glass of champagne or cappuccino, and treated to an enjoyable, glamourous experience all the way through closing. No matter your budget, they believe the process of buying or selling a home should be fun, exciting, and fulfilling. From arcade games and pinball to occupy your little ones, to a pool table and wine bar for the adults, their goal is to make turning the page of life's next chapter relaxing and rewarding. You won't find 'cube-farms' and stuffy receptionists at Living Vogue. Their reimagined workplaces foster highly creative and collaborative agents with the expertise and charisma to help make your real estate and lifestyle needs a reality.
REAL ESTATE INVESTMENT
Cantor Fitzgerald | July 29, 2022
Cantor Fitzgerald Income Trust, Inc. ("CF Income Trust"), a non-traded real estate investment trust and affiliate of Cantor Fitzgerald, L.P., announced today the completion of more than $118 million in real estate-related transactions since the beginning of 2022. As of June 30, 2022, the portfolio exceeds 6.9 million square feet1 with total assets controlled of $1.05 billion.2 Chris Milner, President of CF Income Trust, stated, "We have been active, thus far in 2022, and continue to execute on our high conviction themes of acquiring well-located multifamily properties and net lease assets with strong tenants."
Recent acquisitions include:
Eisai Inc. North American Headquarters – Nutley, New Jersey – Class-A Office
On April 22, 2022, CF Income Trust, through a joint venture with a subsidiary of Cantor Fitzgerald Investors, LLC, indirectly acquired 10% of the interests in a Delaware Statutory Trust that purchased a 15-story, 332,000 square foot Class-A office tower located in Nutley, New Jersey. The property is leased to Eisai Inc. and serves as the North American headquarters for Eisai Co., Ltd. ("Eisai"), a Japan-based global pharmaceutical company.
The property was most recently renovated in 2021 and is designed to nurture the company's hybrid flexible working model, which allows for collaboration and interaction among colleagues. Additional features include a 405-seat auditorium, private outdoor garden, and amenity area. "The property is located within the master planned ON3 life sciences campus, an area that will ultimately include 1.4 million square feet of office/R&D/medical space, multifamily residential, retail amenities, a full-service hotel, and significant green space," said Roger Shreero, Managing Director, Cantor Fitzgerald. "This newly renovated, high-quality asset is a great addition to the portfolio and is a centerpiece within the growing life sciences landscapes of the Nutley and Clifton townships."
Landings of Conroe, Conroe, Texas – Multifamily
CF Income Trust, through a joint venture with an affiliate of CAF Management, LLC, acquired a 200-unit multifamily property located in Conroe, Texas.
Built in 2005, the property features one-, two-, and three-bedroom apartment home floor plans with amenities including a clubhouse, 24-hour fitness center, swimming pool, picnic and grilling area, sport court, dog park, and gated access.
"The area has seen significant growth in recent years due to corporate expansions by ExxonMobil, HPE, HP Inc., and ABS in neighboring The Woodlands and Springwoods Village," said Matt Keefer, Managing Director, Cantor Fitzgerald. "Housing demand continues to rise and the property is in a position to benefit from that demand."
Mars Petcare - Columbus, Ohio - Cold Storage Warehouse
CF Income Trust, Inc., through a wholly owned subsidiary of its operating partnership, acquired a 465,256 square foot cross-dock dry/cold storage facility in Columbus, Ohio. The property is 100% leased to Mars Petcare, U.S. Inc., the domestic segment of Mars' global pet care business. Located adjacent to Mars Petcare's primary production facility, the property features 168,245 square feet of freezer space, LED lighting, 30' clear heights, 27 dock doors, two drive-in doors, 212 car spaces, and 100 trailer spaces on a 21.6-acre site.
"We are pleased with the performance and growth of CF Income Trust, We remain focused on adding well-located properties with predictable income streams to our defensively positioned portfolio. Our ability to be selective in today's market is key to our success."
Jay Frank, President, Cantor Fitzgerald Asset Management
About Cantor Fitzgerald Income Trust, Inc.
Cantor Fitzgerald Income Trust, Inc. is a publicly registered, non-traded, monthly-valued perpetual NAV real estate investment trust (REIT) that owns and manages a diversified portfolio of institutional quality, income-producing commercial real estate including apartments, industrial, office, and necessity retail properties located in the United States
About Cantor Fitzgerald, L.P.
Cantor Fitzgerald, with over 12,000 employees, is a leading global financial services group at the forefront of financial and technological innovation and has been a proven and resilient leader for over 77 years. Cantor Fitzgerald & Co. is a preeminent investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, SPAC underwriting and PIPE placements, prime brokerage, and commercial real estate, and for its global distribution platform. Cantor Fitzgerald & Co. is one of the 24 primary dealers authorized to transact business with the Federal Reserve Bank of New York. Cantor Fitzgerald is a leading SPAC sponsor, having completed multiple initial public offerings and announced multiple business combinations through its CF Acquisition platform.