REAL ESTATE TECHNOLOGY

Hilco Redevelopment Partners Hires Professional George Needs as Vice President-Mixed Use Development Real Estate Industry

prnewswire | November 05, 2020

Hilco Redevelopment Partners Hires Professional George Needs as Vice President-Mixed Use Development Real Estate Industry
Hilco Redevelopment Partners (HRP), the real estate development unit of Hilco Global that remediates and redevelops complex and obsolete industrial properties, announced today it has hired George Needs to the position of Vice President – Mixed Use Development. Mr. Needs joins the growing HRP organization and will be a vital addition to the new urban mixed-use development team. Mr. Needs will join Melissa Schrock, who was recently brought on to lead the team, and together, they will be responsible for managing several exciting projects currently underway, including L Street Station in Boston, Massachusetts and Campus Bay in San Francisco, California, among other significant projects throughout the country. He will be based on Boston, MA.

Spotlight

The vacation real estate market is making a comeback in Costa Rica! All indications are that the market is turning for the better. After years of depressed prices, we saw most of the fire sale beach properties being purchased last year. This infographic shows the current prices for various types of vacation properties.

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REAL ESTATE INVESTMENT

Axylyum Charter Joins The American Association of Private Lenders

Axylyum | September 13, 2021

CRE Financial Firm, Axylyum Charter recently announced that they have joined the American Association of Private Lenders. The oldest national organization representing the private real estate and peer-to-peer lending industry, AAPL's members include private money lenders, mortgage fund managers, brokers and service providers from around the United States. "We are very pleased to have joined such an important industry organization. The team at Axylyum believe very strongly in AAPL's core values and appreciate all that they do for the private lending space. We are looking forward to fostering this relationship and utilizing AAPL's member resources to better support our growing base," said Steven Amshen, general counsel at Axylyum. Axylyum Charter was founded in early 2021 with the purpose of disrupting the distressed mortgage industry. The firm is a market creator and leader in providing portfolio-wide secure engagement options to Retail and Wholesale Lenders that allow for an immediate repurchase of Lenders' defaulted loans. Through their exclusive product, AXY Wrap™, Axylyum offers a secure guarantee on the performance of asset-based non-owner-occupied loans through portfolio-wide engagement pricing. "The American Association of Private Lenders is pleased to have Axylyum join us as a service provider member. We look forward to supporting Axylyum as we do all our members through education, ethics, and advocacy," said Linda Hyde, managing director of AAPL. ABOUT AXYLYUM: Axylyum Charter focuses on acquisition of defaulted asset backed non-owner-occupied loans through portfolio wide engagement guarantees to non-traditional lenders. The goal of the organization is to disrupt the distressed mortgage-backed asset space by executing their litigation-driven equity capture position in high value markets.

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essensys plc Announces the Launch of STEP, Its Flexible Office Software and Technology Solution for Landlords and Property Owners

essensys plc | June 19, 2020

essensys, the leading global provider of mission critical software-as-a-service ("SaaS") platforms and on-demand cloud services to the flexible workspace industry, announces the launch of STEP, its Software and Technology Enabled Property solution, designed to equip landlords and property owners with the technology needed to address the growing demand for flexibility. Occupiers' demand for flexible real-estate products is accelerating. Landlords are under increasing pressure to manage this shift as they respond to shorter lease terms, changing occupier behaviors and needs, and niche office space requirements. At the same time they must remain alert to new opportunities to provide additional value to occupiers, using tenant experiences, services and amenities to help differentiate in an increasingly competitive market.

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REAL ESTATE TECHNOLOGY

Scioto Properties Completes a $20 Million+ real estate Acquisition

Scioto Properties | June 28, 2021

Scioto Properties, LLC, the largest provider of housing for people with disabilities in the United States, which also serves the traumatic brain injury, mental health treatment, substance abuse, and adult day services markets with sale-leasebacks and build-to-suits, announced the acquisition of two commercial campuses and one residential property from Pate Rehabilitation Endeavors, Inc. on Friday, June 18, 2021. Pate Rehabilitation, a traumatic brain injury provider with a 30-year track record of superior patient outcomes based in Dallas, Texas, was acquired on June 18, 2021, by the Rehab Without Walls Neuro Rehab unit of BrightSpring Health Services, based in Louisville, Kentucky, a provider of both clinical and nonclinical habilitative care services for people of all ages, health and skill levels, ac About Scioto Properties Scioto Properties has been assisting healthcare companies of all sizes with their real estate requirements for over 20 years. Scioto is a nationwide real estate business that is the biggest supplier of housing for individuals with disabilities in the United States. It also serves the traumatic brain injury, psychiatric, drug addiction, and adult day markets. The company is dedicated to creating and investing in high-quality housing and healthcare real estate. We are dedicated to creating and investing in high-quality housing and healthcare real estate.

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Spotlight

The vacation real estate market is making a comeback in Costa Rica! All indications are that the market is turning for the better. After years of depressed prices, we saw most of the fire sale beach properties being purchased last year. This infographic shows the current prices for various types of vacation properties.