New Home Sales in U.S. Uptick in February

National Association of Home Builders | April 02, 2019

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 667,00 units in February 2019 after an upwardly revised January 2019 report. This is the highest sales pace since March 2018. The sales report was delayed due to the partial government shutdown. "The recent decline in mortgage rates have helped boost sales activity as home buyers take advantage of these lower interest rates," said Greg Ugalde, chairman of the National Association of Home Builders.

Spotlight

This whitepaper describes a comprehensive platform for remote online real estate transactions using Smart Contracts. Propy is a proposed implementation of this platform, which intends to reduce reliance on intermediaries while improving liquidity and security.

Spotlight

This whitepaper describes a comprehensive platform for remote online real estate transactions using Smart Contracts. Propy is a proposed implementation of this platform, which intends to reduce reliance on intermediaries while improving liquidity and security.

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INVESTMENTS

Berkshire Hathaway HomeServices Welcomes Berkshire Hathaway HomeServices Brick & Mortar Real Estate to Brokerage Network

Berkshire Hathaway HomeServices | August 24, 2021

Berkshire Hathaway HomeServices, a global residential real estate brokerage franchise network, is delighted to welcome Berkshire Hathaway HomeServices Brick & Mortar Real Estate to its global network. The addition marks the brand's continued growth in the state of Washington and the 11th company in the state. “We are proud to have Berkshire Hathaway HomeServices Brick & Mortar Real Estate carry the brand into new markets in Washington.” Owned and operated by Gina and Mike Styler, the firm is located in Ellensburg, Washington and brings 12 combined years of experience serving the Kittitas Valley and the surrounding regions. Gina Styler was named the #1 Lower County Real Estate Agent in 2021 and earned the title voted by the public of “Best Real Estate Agent of the County for 2020.” “After years of building a successful real estate career, it was time to align with a global brand like Berkshire Hathaway HomeServices, to take the brokerage to the next level,” said Gina Styler, Owner of Berkshire Hathaway HomeServices Brick & Mortar Real Estate. “We look forward to building our legacy and elevating the real estate experience for our clients.” By joining, Berkshire Hathaway HomeServices Brick & Mortar Real Estate agents gain access to Berkshire Hathaway HomeServices’ active referral and relocation networks, and its “FOREVER Cloud” technology suite, a powerful source for lead generation, marketing support, social media, video production/distribution and more. Berkshire Hathaway HomeServices has aligned with best-in-class technology platforms to deliver world-class support to its network members far into the future. “Ellensburg is known for its thriving art and culture community, supported by downtown organizations and the local University,” said Gino Blefari, Chairman of Berkshire Hathaway HomeServices. “We are proud to have Berkshire Hathaway HomeServices Brick & Mortar Real Estate carry the brand into new markets in Washington.” Berkshire Hathaway HomeServices Brick & Mortar Real Estate will also have full access to the recently unveiled, Real Estate I.Q. System. The System combines the Berkshire Hathaway HomeServices brand, marketing resources and technology with continuing education, training, mentoring, and consulting. The brand also provides global listing syndication, professional training and ongoing education and the exclusive Luxury Collection marketing program for premier listings. Its Prestige Magazine showcases network members’ premium listings with a strong lineup of feature stories covering topics that appeal to high-end real estate clients. “As the most centrally located town in Washington state, Ellensburg offers the best of two worlds, small-town charm and a big-city feeling and we can’t wait to build our legacy here under the Berkshire Hathaway HomeServices brand,” said Mike Styler, Owner, Berkshire Hathaway HomeServices Brick & Mortar Real Estate. “We look forward to fulfilling our customer's needs in the residential, commercial, new construction and luxury real estate areas.” About Berkshire Hathaway HomeServices Brick & Mortar Real Estate Berkshire Hathaway HomeServices Brick & Mortar Real Estate is a real estate brokerage in the State of Washington. Offering high-end services and experience to clients through an intentional working environment. Bringing together a group of skilled, passionate, and supportive individuals who are empowered by the brokerage and deliver an exceptional level of service. About Berkshire Hathaway HomeServices Berkshire Hathaway HomeServices is a global residential real estate brokerage franchise network with more than 50,000 real estate professionals and nearly 1,500 offices throughout the U.S., Canada, Mexico, Europe, the Middle East and India. In 2020, the Berkshire Hathaway HomeServices global network represented more than $138 billion in real estate sales volume. The network, among the few organizations entrusted to use the world-renowned Berkshire Hathaway name, brings to the real estate market a definitive mark of trust, integrity, stability, and longevity.

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REAL ESTATE TECHNOLOGY

RENOSY is launching a one-stop loan service for renovation costs from Real Estate Investment Asset.

prnewswire | January 28, 2021

Real estate tech company GA technologies Co., Ltd. (Head Office: Minato-ku, Tokyo, President & CEO: Ryu Higuchi, Securities Code: 3491; "the Company") announces that its group company RENOSY FINANCE Inc. (Head Office: Minato-ku, Tokyo, President & CEO: Ryu Higuchi; "RENOSY FINANCE") has launched a new loan service for RENOSY real estate investment owners ("the Owner") to cover their renovation (repair) costs for existing apartments. This will reduce the Owner's burden of temporary self-funding for their renovation costs that may occur during long-term ownership of commercial property. In addition, reducing the Owner's burden of renovation costs will revitalize the existing apartment market by increasing the value of existing apartments. In addition, by connecting the RENOSY brand's renovation services and apartment management services*5, RENOSY FINANCE will provide a one-stop customer experience by minimizing procedures, including filling out application information and preparing necessary documents, and by achieving smoother loan screening. RENOSY FINANCE plans to implement an application system from My Page for RENOSY owners and within the app, as well as loan screening and progress management for renovation work. Our group aims to contribute to the realization of a sustainable society by enhancing our services that can contribute to increasing the value of existing apartments, thereby enhancing customer experience and revitalizing the existing real estate market.

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REAL ESTATE INVESTMENT

Dalfen Industrial Acquires Industrial Property in Winston Salem

Dalfen Industrial | December 13, 2021

Dalfen Industrial announced the acquisition of a 304,200 square foot industrial property in Winston Salem, NC. Built in 2006, Union Cross Distribution Center has features sought after by modern e-commerce tenants, including being strategically located one mile off of I-74 with convenient access to I-40 and I-85. This location provides an excellent last mile distribution opportunity to reach Winston Salem, Greensboro, and High Point's 1.7 million population base. The Piedmont Triad's industrial market continues to be very tight with limited available inventory, coupled with high tenant demand and absorption from last mile tenants. Located in the Union Cross submarket, this area provides a distinct advantage with accessibility, and a high-quality tenant base with institutional ownership. The building is 100% occupied by one tenant who is currently paying below market rent, providing a significant upside during renewal as well as during exit. Other tenants in the area include Fedex, Amazon, Caterpillar, Proctor & Gamble, and PepsiCo. "Sourced off-market and below replacement cost, Union Crossing Distribution Center is a great addition to our North Carolina portfolio. The vacancy rate in this market is a tight 2.3% due to continued and strong tenant demand which is expected to continue." -Kevin Caille, Market Officer at Dalfen Industrial "The demand for industrial properties in North Carolina continues to outpace supply. We have had tremendous success in the Carolinas and are always looking for the next opportunity to expand our footprint in this market." -Sean Dalfen, President and Chief Investment Officer at Dalfen Industrial Dalfen Industrial currently owns close to 3 million square feet of industrial properties in North Carolina.

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