U.S. Home Sales Uptick in July

National Association of Realtors | August 22, 2019

U.S. Home Sales Uptick in July
According to the National Association of Realtors, existing-home sales in the U.S. strengthened in July 2019, a positive reversal after total sales were down slightly in the previous month. Although Northeast transactions declined, the other three major U.S. regions recorded sales increases, including vast growth in the West last month.

Spotlight

Every year, Commercial Practitioners spend a lot of hard-earned money on data from a variety of sources, hoping to integrate all of the pieces into a singular client presentation. Yet, only RPR can offer Commercial Practitioners all of the data and reports they need from one reliable, authoritative source. Better yet, RPR is offered as a benefit of NAR membership, already included in their annual dues.

Related News

Thompson Thrift Retail Group Sells Hotel Pad within $60 Million Mixed-Use Development near Indianapolis

Thompson Thrift | April 27, 2020

Thompson Thrift Retail Group (TTRG), a wholly owned company of Thompson Thrift, announced today that it has closed on the sale of the hotel pad at The Stations, a $60-million mixed-use development in the Indianapolis suburb of Fishers, Ind. The buyer, Indiana-based Dunn Hospitality, will spend $20 million to build a 145-room Courtyard by Marriott that it plans to open in the latter half of 2021. The Courtyard will feature meeting space, expansive fitness facilities, an indoor pool, room service and a bistro bar offering sit-down meals throughout the day. The new hotel is expected to accommodate the expanding business and leisure travel needs of the rapidly growing Fishers suburb. "The fundamentals of this area continue to be compelling for a wide variety of uses," said Eric Wojak, development director for Thompson Thrift. "Our adjacent mixed-use development, Fishers District, has quickly become a destination of choice for consumers, tenants and travelers seeking quality dining and retail options, walkable amenities and convenient access to the nearby interstate. Having a hotel for the business traveler located behind the future office building is a great fit for the project."

Read More

Dealpath Selected as Real Estate Deal Management Solution for Manulife Investment Management

Dealpath | June 16, 2020

Dealpath, the leading software solution for real estate investment and portfolio management, announced today that Manulife Investment Management has chosen Dealpath as its real estate deal management solution. Dealpath will provide its industry-leading software solution to manage the investment pipeline and streamline the acquisition and disposition process. Manulife Investment Management’s Real Estate team will leverage Dealpath as their command center for smart pipeline tracking, powerful deal analytics and collaborative workflows empowering smart acquisition decisions, driving operational leverage and mitigating enterprise risk.

Read More

VORO Real Estate Expand Their Virtual Platform by Launching a New Website With Added Features

VORO Real Estate | July 06, 2020

Following its national expansion last year, VORO Real Estate has launched a new website with added features, reflecting the firm's rapid growth. This milestone is a major move for VORO on its mission to become an all-encompassing virtual brokerage. "Since VORO began back in 2011, it has become one of the fastest-growing virtual realty offices," said VORO founder and CEO Daniel Shamooil. "We are optimistic that the new website and features will add to the success of our agents and help us continue to grow." The firm has managed to continue expanding during the pandemic due to the virtual nature of the company, as many Americans shift towards working remotely out of concern for health and safety.

Read More

Spotlight

Every year, Commercial Practitioners spend a lot of hard-earned money on data from a variety of sources, hoping to integrate all of the pieces into a singular client presentation. Yet, only RPR can offer Commercial Practitioners all of the data and reports they need from one reliable, authoritative source. Better yet, RPR is offered as a benefit of NAR membership, already included in their annual dues.