REAL ESTATE TECHNOLOGY

New build sales in the Denver Metro Area remain strong, Says Usaj Realty

prnewswire | December 03, 2020

The Lowry area's Interlude at Boulevard One has only four townhomes remaining, demonstrating Denver inhabitants are investigating more roomy neighborhoods only minutes from downtown.

Intermission at Boulevard One highlights three one of a kind floorplans going from three to four rooms, three and a half washrooms, a joined two-vehicle carport, kitchens that incorporate huge islands and sufficient cupboard space, and broad rooftop decks with exceptional mountain and downtown perspectives. The Interlude at Boulevard One are presently 60% sold and remain the most striking extravagance townhome new forms in Lowry.

When a U.S. Aviation based armed forces Base, the neighborhood of Lowry has been rejuvenated into one of Denver's generally energetic and dynamic areas. Lowry is known for its more than 800 sections of land of open and green spaces, including Great Lawn Park, Lowry Dog Park and Crescent Park. Lowry sports complex offers lakeside tennis and ball courts and soccer, baseball and softball fields. Lowry Town Center has many stores from neighborhood workmanship and plan exhibitions to eateries and an outside lager garden. Close by, the Lowry's Exchange at Boulevard One will highlight a Target, Mod Pizza, Chase Bank, Sushi Ronin, Logan Coffee House and that's just the beginning.

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We are more than just a solution for property maintenance. We are a business partner dedicated to helping you grow your portfolio, all while allowing you to provide the best possible experience for your tenants, residents and visitors.

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MARKET OUTLOOK, REAL ESTATE INVESTMENT

Savills Kicks off Operations in Montreal with High-performing Industrial Team

Savills | January 20, 2023

On January 19, 2023, New York-based real estate company Savills informed that it is increasing its footprint in the North American market by launching a new office in Montreal. Antoine Dumas will take on the role of Associate at the company. Brandon Allen, Erik Charton, Paul Fischlin, and Stéphane Robillard will take on the roles of Executive Vice President at the company, while Robin Blanchard will take on the role of Vice President. Meanwhile, George Manousos will take on the role of Vice President and Agency Executive Officer. The group's main areas of expertise will be industrial leasing, investment sales, and capital markets. Vice Chairman Rick Schuham stated, "Savills has strategically opened locations in key markets throughout Canada, and Montreal was a natural next step for our first location in the province of Quebec." He further added, "We have recruited the market's most seasoned industrial brokerage group to establish our location in Montreal. Bringing together this group of top-producing real estate advisors strengthens our ability to deliver market-ready solutions and services in North America and allows us to expand our geographical coverage into Southeast Canada.” (Source – Cision PR Newswire) Savills benefits from the combined expertise of a workforce that, on average, has been in the sector for twenty years. The team represented clients across the industrial spectrum in 2022, including cold storage, warehousing, ports, airports, global infrastructure, distribution and logistics, flex space, land sales, and research and development. The team brokered over $800 million in real estate transactions across Canada. It provides a diverse selection of real estate services, such as tenant representation, landlord and vendor representation, built-to-suit advice, and investment sales. Gregg Healy, Head of Savills Industrial Services, stated, "The industrial sector in Montreal has remained resilient post-pandemic, with strong investment sales and leasing velocity." "Montreal has a rich mix of industries, including life sciences, financial services, manufacturing, transportation, technology, and healthcare, that have continued to invest heavily in establishing operations in the market. We look forward to tapping into the new team's expertise to drive growth for industrial services throughout Canada," he concluded. (Source – Cision PR Newswire) About Savills Savills supports businesses in discovering employee success solutions. Its integrated teams of brokers and consultants are real estate experts. The company's tenant advocacy, capital markets, project management, labor and incentives strategy, workplace design, and occupant experience have improved local and global workplaces for 160 years. The company is owned by Savills plc, which has over 35,000 specialists and 700 offices globally.

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REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT

NestRange Offers Customizable, Actionable Property Data for Real Estate and Financial Industries

Altisource | December 07, 2022

Altisource, an integrated service provider and marketplace for the real estate and mortgage industries, has launched NestRange as a cost-effective, data-informed Automated Valuation Model that estimates the value of residential properties. This SaaS product leverages a national property database, geospatial comparable data, machine learning and AI to help real estate professionals, investors and financial institutions make decisions with confidence. The NestRange AVM is a fully interactive tool that estimates the value of single-family homes, condominiums, townhomes, and multifamily/apartments. The service draws from a robust data set of more than 150 million properties including over 750,000 active property listings. NestRange users have control over a variety of parameters including valuation input variables, property conditions, and the ability to select specific comparables used in the AVM calculation. The platform’s features don’t stop there – NestRange AVM reports include the NestRange Confidence Score, historical trends, detailed local market analysis and the ability to process AVMs in bulk. The NestRange Valuation API provides online integration and the ability to tap into the vast data and analytics within NestRange. Explore comparables, market information, trends, and more within your own environment. “NestRange offers essential tools to real estate professionals looking for AVMs they can trust – including the ability to get better insights into both distressed and non-distressed property valuations, We’re proud to have created a SaaS product that is so uniquely customizable.” -Israel Meir, Chief Strategy and Technology Officer The NestRange property AVM platform complements Altisource’s industry leading RentRange rental AVM service that has been providing rental data to investors and financial institutions for over a decade. Interested parties can visit NestRange.com to create customized property valuation reports now or to request a personalized demo. About NestRange NestRange is an Interactive AVM Solution for the Real Estate & Financial Industries. NestRange provides an automated valuation model that estimates the value of single-family homes, condominiums, townhomes and multifamily apartments. NestRange is the latest addition to the Altisource suite of appraisal and valuation products and services. About Altisource Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets we serve.

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BROKERAGE,AGENT

Mosaic and Atlantic Jasper Building First Build-to-Rent Neighborhood in Northern Arizona Master Planned Community

Mosaic | December 15, 2022

Mosaic, the nation’s leading institutional-grade general contractor, has broken ground on The Flats at Jasper, a new build-to-rent (BTR) community within the nationally-recognized Jasper master planned community in Prescott Valley, Arizona. Atlantic Jasper, developer of The Flats, has partnered with Mosaic to build the 26.1-acre site, which will include 240 horizontal apartment-style build-to-rent units. The project is expected to benefit from the strong housing market in the Prescott area, providing a much needed transitional product type for out-of-town demand, which makes up a large portion of the population. “We approached the development of the Flats at Jasper with a long-term investment horizon in mind, The units feature luxury fixtures and details, a first-class clubhouse, and other amenities designed to provide a competitive advantage in the Prescott market. Mosaic’s previous on-site experience and established area trade partners made them the ideal general contractor to deliver high-quality homes and amenities for the Flats at Jasper.” -David Brown, co-manager of Atlantic Jasper This unique BTR community will offer numerous amenities, including a state-of-the-art 5,000 square foot clubhouse with a 24-hour workout facility and meeting spaces, pool, hot hub, spa, dog park and dog wash facilities, along with open spaces and grilling stations throughout the community. Mosaic has previously partnered with other regional home builders on the Jasper clean-energy community and seeks to build on this success with a new partner, Atlantic Jasper. This is our third project in the Jasper community, and the first build-to-rent neighborhood within the masterplan, Atlantic Jasper saw the need for a for-rent product type based on the strong regional demographics. Our pre-development services team and robust on-site experience within the community were the perfect fit for supporting their innovative vision of an ideal site layout, standout architectural features, and an ambitious and executable construction plan,said Alex Pollack, Director of Partnerships at Mosaic. The new site will offer four floor plans in a combination of single-family detached homes and duplexes ranging from 760 to 1,039 square feet. The homes offer one-bedroom and one-bathroom or two-bedroom and two-bathroom options, with one of the one-bedroom floor plans including a home office space. The community includes detached garages and residents will benefit from walking trails and other amenities within the master plan. Construction is anticipated to finish in 2025. About Mosaic Mosaic is the nation’s fastest-growing general contractor, building homes for the country’s most innovative residential developers. Founded in 2017 and headquartered in Phoenix, the institutional-grade general contractor provides a full suite of construction services, from pre-development to warranty and lease up. As an industry leader in build-to-rent, the Mosaic team’s combined experience spans more than 24,000 BTR units across 100 communities. Mosaic’s GC operations span multiple states, including Arizona, Colorado, Texas, Idaho, California, and Florida. About Atlantic Jasper The development partners of Atlantic Jasper have extensive development experience and have worked together for over 35 years. Atlantic Jasper and its affiliates have been involved in the development and management of numerous residential subdivisions, manufactured home communities, condominiums, and apartments in California, Hawaii, Arizona, and Massachusetts.

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