Mainland China Firms Acquiring a Majority of Hong Kong's Developable Land in 2019

JLL | July 05, 2019

Mainland China Firms Acquiring a Majority of Hong Kong's Developable Land in 2019
According to JLL's latest Hong Kong Residential Sales Market Monitor report, only two remaining residential sites to be tendered on the Kai Tak runway could enjoy Victoria Harbour views after the government awarded the tender for Kai Tak Area 4C Site 1 site. Developers will remain keen in acquiring sites in Kai Tak because there are fewer land supply with Victoria Harbour view.

Spotlight

Rick Davidson , President & CEO, Century 21 Real Estate LLC "Century 21 CEO Sees `Broad-Based' Housing Recovery.

Spotlight

Rick Davidson , President & CEO, Century 21 Real Estate LLC "Century 21 CEO Sees `Broad-Based' Housing Recovery.

Related News

Fiverr and Real match real estate agents with expert freelancers

prnewswire | September 16, 2020

The Real Brokerage Inc. a national, technology-powered real estate brokerage, launched today a co-branded marketplace to match real estate agents with expert freelance talent on Fiverr. The marketplace offers agents support services from vetted freelancers like designers and photographers to help them build awareness, generate leads and promote their clients' properties. "Real's agents work remotely, but that doesn't mean they work alone," said Tamir Poleg, CEO of Real. "With Real's Fiverr store, agents can easily find pre-screened business support services to help get business done better and more efficiently."

Read More

Reonomy Launched Commercial Mortgage-Backed Securities (CMBS) Data Enhancement to its platform

Reonomy | July 31, 2020

Reonomy, a leading provider of property intelligence, today announced the launch of the Commercial Mortgage-Backed Securities (CMBS) Data Enhancement to its platform. The addition of the CMBS data set allows Reonomy users to easily find refinance opportunities, view CMBS ongoing financial and loan reporting, access increased coverage of property data points, and more. The ability to take advantage of this feature through the robust Reonomy platform, which houses key data on the vast majority of commercial real estate (CRE) properties in the U.S., enables debt brokers and lenders to easily identify leads. The product enhancement provides data on over 150,000 properties and over 300,000 mortgages in the U.S.

Read More

REAL ESTATE INVESTMENT

Jetty Partners with Gables Residential

Gables Residential | September 18, 2021

Jetty, the financial services company on a mission to make renting a home more affordable and flexible, today announced a new partnership with Gables Residential, a leader in the management and development of multifamily apartment communities. Through the partnership, Gables will roll out Jetty's security deposit replacement solution, Jetty Deposit, across the entire Gables portfolio. The rollout follows a rigorous selection process by Gables, which started with a competitive evaluation before transitioning to a pilot program across Gables-owned assets. Following a successful pilot, Gables will now make Jetty Deposit available across all owned and third-party managed communities. The implementation of Jetty will enable Gables to maximize protection relative to security deposits for all new leases while at the same time dramatically lowering move-in costs for new residents. With so much uncertainty facing renters today, using hard-earned savings on a cash deposit simply doesn't make sense, Jetty Deposit offers renters the opportunity to keep more cash in their pocket while making it possible for us to improve NOI. Through the pilot program, we saw a meaningful uptick in lease conversions while significantly increasing our levels of protection. - Greg Gasior, Senior Vice President of Operations at Gables. Jetty works with top property managers across the country to increase lease conversion rates, reduce bad debt, and streamline operations—thereby increasing net operating income. In addition to Gables Residential, partners include Greystar, LivCor, Related, MG Properties, Cortland, Griffis Residential, and many more, representing more than two million units nationwide. About Gables Residential Gables Residential is an award-winning, vertically integrated, real estate company and privately held REIT specializing in the development, construction, ownership, acquisition, financing, and management of multifamily and mixed-use communities. Gables Residential owns, develops, and manages communities in high-growth U.S. markets such as Atlanta, Austin, Boston, Dallas, Denver, Houston, South Florida, Southern California and metropolitan Washington, D.C. Gables also provides third party management services in the New York, Baltimore, Frederick, Tampa, Phoenix, Seattle, Charlotte, Central and North Florida markets.Gables manages approximately 28,000 apartment homes and approximately 275,000 square feet of retail space and has received national recognition for excellence in development, construction, management, sales, marketing, training, and benefits. These achievements reflect the impact of Gables' experienced and dedicated team members, its superior knowledge of the markets served, and its expertise in development and management. ABOUT JETTY Jetty is the financial services platform on a mission to make renting a home more affordable and flexible. Jetty's integrated suite of products helps property managers increase lease conversions, improve resident retention, reduce bad debt, and boost NOI. For renters, Jetty decreases the financial burden of moving into a new home and offers greater flexibility with how and when to pay rent.

Read More