Fannie Mae invests $14 million for low-income housing tax credit

Fannie Mae | October 11, 2019

Fannie Mae invests $14 million for low-income housing tax credit
Fannie Mae announced Wednesday that it will invest $14 million for a Low-Income Housing Tax Credit as it facilitates the development of a 110-unit multifamily residence. Back in 2017, mortgage giants Fannie Mae and Freddie Mac announced they were re-entering the LIHTC market, the federal program which encourages investment of equity into affordable rental housing. Freddie Mac explained at the time that under the program, qualified properties are allocated federal tax credits and investors are able to invest in those properties to take advantage of those tax credits.

Spotlight

In 1976, an exceptional real estate company is launched and created from the same passion that guides the Auction House. Today, we are a commanding presence in the representation of the world’s most unique properties. The Sotheby’s International Realty®

Spotlight

In 1976, an exceptional real estate company is launched and created from the same passion that guides the Auction House. Today, we are a commanding presence in the representation of the world’s most unique properties. The Sotheby’s International Realty®

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BROKERAGE

Lone Wolf acquires Propertybase to complete real estate's ultimate technology platform for agents and brokers

Lone Wolf Technologies | August 26, 2021

Lone Wolf Technologies is thrilled to announce it has acquired Propertybase. The acquisition rounds out Lone Wolf's unrivaled end-to-end technology with websites, lead generation tools, and enterprise-class CRM, enabling the company to deliver real estate's only complete technology platform for both agents and brokers. "Lone Wolf and Propertybase have been on parallel tracks for years. We thought it was time our paths crossed," said Jimmy Kelly, CEO and President of Lone Wolf. "Propertybase is known for its incredible CRM and real estate websites, while Lone Wolf has long led the industry in transaction and back-office management. Our customers want—and need—these essential solutions to work together, so they can run their entire business in one place. This acquisition brings these leading products together and puts our combined team in position to deliver the ultimate unified technology platform for the real estate world." Propertybase is the leading global provider of real estate websites, CRM, and lead generation software, serving 4,500 businesses and 250,000 users in over 80 countries. The company's flagship solutions include BoldLeads, a lead generation tool and service for agents and teams; Propertybase GO, a CRM and website solution for brokerages and teams; Propertybase Salesforce Edition, an enterprise-class real estate CRM solution built on Salesforce and available worldwide; and Unify, CRM software for mortgage professionals. These solutions add complementary front office tools to Lone Wolf's product portfolio, providing complete technology coverage from lead to listing to close for both agents and brokers. "Joining forces with Lone Wolf is an exciting milestone for Propertybase and its customers," said Vance Loiselle, CEO of Propertybase. "Combining the power of Propertybase's innovative website, CRM, and marketing solutions with the unequaled capabilities of Lone Wolf's offerings will further allow real estate professionals to thrive using technology in a rapidly evolving industry." Lone Wolf has acquired five top technology companies in the past nine months: W+R Studios, LionDesk, HomeSpotter, Terradatum, and Propertybase. With these additions, Lone Wolf's expanded end-to-end technology now includes solutions for marketing, CRM, CMA, transaction management, eSignature, brokerage operations, insights and analytics, talent management, as well as ancillary tools and services. The company's focus is to now create an intuitive flow of data and identity across these solutions and connect several critical real estate processes for agents and brokers. Lone Wolf is also expanding its investment in artificial intelligence (AI) and machine-learning to produce unparalleled time-savings, transparency, and insights throughout each of these processes. The result will be a unified platform that empowers agents and brokers in a digital era, one that provides consumers with a modern real estate experience that can only come from a professional. "We want to simplify real estate but not in a way that takes people out of the business," said Chris Egan, Chief Strategy Officer of Lone Wolf. "Our goal is to bring the time-honored tenets of the real estate world into the present with a modern, innovative, and connected technology platform that makes it simpler for people—and the professionals who help them to buy and sell homes. Serving over 1.5 million agents, 15,000 brokerages, 1,000 MLSs and associations in North America, boasting nearly 650 employees with hundreds of cumulative years of experience, and offering the most trusted solutions in the industry involved in over 75% of all real estate transactions in the U.S. and Canada, Lone Wolf is the only company with the reach, size, and technology that can make this happen." About Lone Wolf Technologies Lone Wolf Technologies is the North American leader in residential real estate software, serving over 1.5 million real estate professionals across Canada and the U.S. With cloud solutions for agents, brokers, franchises, MLSs and associations alike, the company provides the entire real estate industry with the tools they need to amaze clients, build their business, and improve profits from transactions to back office, insights, and more, all in one place. Lone Wolf's offices are located in Cambridge, ON, Minneapolis, MN, and Dallas, TX.

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REAL ESTATE TECHNOLOGY

Coretrust Pioneers Bi-polar Ionization Technology That Purifies Elevator Air In Its Office Buildings In Collaboration With Elevator Company Partners

Coretrust Capital Partners | September 27, 2021

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Real estate program RealSure™ launches with innovative features to provide more choices for home sellers

Realogy Holdings Corp. | July 16, 2020

Realogy Holdings Corp., the largest full-service residential real estate services company in the United States, and Home Partners of America, a residential real estate investment and management company, today announced the launch of updates to real estate program RealSure that focus on providing more choices for home sellers. The new and improved RealSure program is now available in Colorado Springs and Denver, Colorado; Tampa, Florida; and Austin and Dallas, Texas for home sellers who have a qualified property and work with a participating real estate agent affiliated with Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, ERA® or Sotheby's International Realty®.

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