Real Estate Agents Can Host Virtual Open Houses Today with Townify

prnewswire | September 23, 2020

Despite the COVID-19 pandemic slowing down much of the country, real estate has arguably never been hotter. That's why it's never been more important for the real estate industry to embrace technology than it is right now. And now, the real estate industry can meet this new normal head-on thanks to a dynamic new offering from real estate tech pioneer Zigzy. Townify, which is launching today out of beta testing, enables real estate agents to host virtual open houses, a necessity in an age of social distancing.

Spotlight

Which remodeling project will pay the greatest return when a hom e is sold and here are the estimates for Florida and the southwestern region of USA.

Spotlight

Which remodeling project will pay the greatest return when a hom e is sold and here are the estimates for Florida and the southwestern region of USA.

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REAL ESTATE TECHNOLOGY

KKR Grows First Investment Real Estate Industrial Portfolio in Leigh Valley Market in Pennsylvania

businesswire | December 15, 2020

KKR, a main worldwide speculation firm, today declared the obtaining of a 600,000 square foot mechanical dispersion property in Hamburg, Pennsylvania. The property is the principal procurement by KKR's land business in the Lehigh Valley market. The resource is a best in class satisfaction focus finished in 2020, which is found only minutes from Allentown and offers superb network to New York and the more extensive Tri-State zone inside a two hour drive. The property was 100% rented at procurement to excellent occupant on a drawn out premise. KKR procured the resource from the engineer, the Keith Corporation. “We are excited to expand our broader industrial footprint with our first acquisition in the Lehigh Valley market,” said Roger Morales, KKR Partner and Head of Commercial Real Estate Acquisitions in the Americas. KKR is making the speculation through its center in addition to land system. Across its assets, KKR now possesses more than 31 million square feet of mechanical property in essential areas across significant metropolitan regions in the U.S. Since dispatching a devoted land stage in 2011, KKR has developed land AUM to roughly $14 billion across the U.S., Europe and Asia as of September 30, 2020. The worldwide land group comprises of more than 90 devoted venture experts, spreading over both the value and credit organizations. About KKR KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR's investments may include the activities of its sponsored funds. For additional information about KKR

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From Yoga to Real Estate - This Florida Company Buys Houses for a Noble Reason

prnewswire | September 14, 2020

FL Cash Home Buyers, LLC buys, renovates, and resells properties in Florida. It has closed over 800 transactions since 2011. "It's been our mission since day one," says Omer. "We want to make a genuine difference and positive impact in this world. Both Gabe and I love helping people and donating to charity. Buying houses allows us to do both." The two owners met through yoga and the spiritual philosophy of yoga is the backbone of the company's culture. FL Cash Home Buyers donates a portion of all profits to charity and its goal is to donate $500,000 by the year 2030.

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REAL ESTATE INVESTMENT

Vertical Street Ventures and Partners Acquire Highrise Apartment Complex in Downtown Tucson

Vertical Street Ventures | March 01, 2022

Vertical Street Ventures (VSV) announces the acquisition of Redondo Tower, a downtown High Rise apartment building, in Tucson, AZ. VSV teamed up with Ral West and John Hardwick of Hardwick Apartment Homes, Ashok Patil and Mohit Bansal of Prime Investment LLC, and Louie Caumban and Rosalind Caumban of Fastpath Capital Group LLC. This marks VSV's 5th property purchased in the Tucson, AZ market and 12th property acquired in the Arizona Market. Arbor Realty Trust provided the debt on the project. MEB Management will manage the property. Design and Construction will be managed by Gia Venturi. When we discovered Redondo Tower was available for purchase, we immediately jumped on the opportunity, We've invested in Tucson for several years now and Redondo Tower has always been a fixture in the downtown area. We're thrilled and honored to take on this project for the City of Tucson. We'll take it through a major renovation and add to the fabric of downtown's revitalization." Ronnie Gou, a Managing Partner for VSV. A 96-unit high rise apartment building, Redondo Tower is a key part of downtown Tucson, which will be rebranded Vertical Heights. Residents of the property will enjoy many new amenities, including adding a new rooftop lounge, a new gym and yoga studio, a state-of-the-art co-working lounge, and modernizing the existing pool. Its interior units will undergo extension renovation with brand new kitchens, bathrooms, and newly added Washer/Dryers in each unit. Located centrally right off the 10 freeway, a 5-minute walk to anywhere downtown, and a 10 minute drive to the University of Arizona campus, this is a prime location for many job sectors. With Tucson market vacancy at 4%, Tucson residents continue to look for great places to live. VSV will continue its strategy of finding communities to improve in high growth markets residing in excellent locations throughout the Arizona and Texas Markets. About Vertical Street Ventures Vertical Street Ventures (also known as VSV) is a commercial real estate private equity firm, led by Managing Partners Steven Louie, Jenny Gou, Kyle Mitchell, and Ronnie Gou. With a mission to improve communities nationally, VSV has grown substantially in the last year, growing its current portfolio of assets to $182 Million this year across the Arizona and Texas markets. VSV helps busy professionals build passive income through investing in real estate syndications.

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