Berkshire Hathaway HomeServices | October 28, 2022
Berkshire Hathaway HomeServices, a global residential real estate brokerage franchise network is pleased to announce its further expansion in the state of California, with the addition of Berkshire Hathaway HomeServices Lifestyle Properties.
Located in Orange County California, the office is owned and operated by Adrian Hernandez. Hernandez has been in the real estate arena servicing clients nationwide and has reached over $200 million in sales volume. With a dynamic team of 15 agents, he brings an extensive amount of familiarity to the Southern California market. The company will service Orange County and the surrounding areas.
“Part of the reason living in Orange County is popular for homebuyers is that it is right between Los Angeles and San Diego. House hunters that have hybrid work in San Diego may want to narrow their search to Dana Point, as this sun-kissed community by the ocean is just under an hour away, We look forward to providing clients with a seamless home buying or home selling experience under the iconic Berkshire Hathaway HomeServices name.”
By joining the network, Berkshire Hathaway HomeServices Lifestyle Properties 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.
The brand also provides an 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.
The pandemic created an overheated real estate market in the past two years, Adrian and his team have proven their resilience and dedication as successful industry professionals and we are thrilled to welcome them to the brand,said Christy Budnick, CEO, Berkshire Hathaway HomeServices.
The company will be celebrating its grand opening with a cocktail event on December 7th. In attendance include the brand’s chairman, Gino Blefari, the Chamber of Commerce, and local industry colleagues.
Gino Blefari, chairman of Berkshire Hathaway HomeServices, welcomed Berkshire Hathaway HomeServices Lifestyle Properties to the network. Adrian, together with his talented agents and staff, has built an exceptional brokerage and demonstrated a longstanding commitment to providing exceptional service to their buyers and sellers, We are committed to their continued growth and success, and we are proud to welcome them to the Berkshire Hathaway HomeServices global network,said Blefari.
About Berkshire Hathaway HomeServices Lifestyle Properties
Berkshire Hathaway HomeServices Lifestyle Properties is a member of the Berkshire Hathaway HomeServices global residential real estate brokerage franchise network, assisting clients in Orange County California and surrounding areas. With its extensive market knowledge in commercial and residential transactions, it assists its clients in every step to guarantee a smooth and simple transition.
About Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServices is a global residential real estate network with more than 50,000 real estate professionals and nearly 1,500 offices across 11 countries including, the U.S., Canada, Mexico, Europe, the Middle East, The Bahamas, and India. In 2021, the Berkshire Hathaway HomeServices global network represented more than $179.9 billion (USD) 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.
MORTGAGE AND LENDING
SimpleNexus | September 30, 2022
SimpleNexus, an nCino company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, announced today that EMM Loans has chosen SimpleNexus’ Nexus Engagement™ and Nexus Origination™ to power an electronic mortgage experience, attract and retain top talent and garner more business for its retail, wholesale, correspondent and consumer direct lending channels.
Founded in 2004, EMM Loans is a New Jersey-based lender offering private, direct and affordable mortgage loans. With 91 loan officers licensed in 38 states, EMM Loans provides best-in-class customer service using innovative technology. EMM Loans selected SimpleNexus to streamline its homebuyer experience, attract new business and drive referrals from real estate professionals.
EMM Loans will leverage SimpleNexus as a recruiting and retention tool, using its mobile lead engagement tool, Nexus Engagement, and its from anywhere point-of-sale (POS) platform, Nexus Origination, to support collaboration with real estate agents and deliver a better borrower experience. SimpleNexus integrates with EMM Loans’ core technology stack, including its loan origination system (LOS), market analytics and product pricing engine (PPE) and customer relationship management (CRM) platform.
“At EMM Loans, we support our expert team by giving them the innovative tools they need to attract more business and build lasting relationships, SimpleNexus creates some of the strongest digital homebuying tools for mortgage lenders. Adopting its technology will allow our loan originators and real estate partners to provide a streamlined homebuying journey that converts more borrowers and wins customers for life.”
-EMM Loans Senior Vice President Brad Miller
SimpleNexus is thrilled to partner with EMM Loans, a mortgage lender that cares about the experience of its team members and the communities it serves, We look forward to the opportunity to support the exemplary service and award-winning company culture that EMM Loans is known for,said SimpleNexus CEO Ben Miller.
SimpleNexus, an nCino company, is an award-winning developer of mobile-first technology for the modern mortgage lender. U.S. lenders depend on our namesake homeownership platform to unite the people, systems and stages of the mortgage process into a seamless, end-to-end solution that spans engagement, origination, closing and business intelligence. By helping lenders manage their teams and stay connected with borrowers and real estate professionals, we deliver a measurable return on investment in the form of reduced turn times, increased loan application submissions and more referral business. A four-time Inc. 5000 company, SimpleNexus has been recognized as one of the world’s Best Workplaces for Innovators.
REAL ESTATE INVESTMENT
Anchor Health Propertiesc | September 27, 2022
StepStone Real Estate, the real estate arm of private markets investment firm StepStone Group Inc., has made a significant strategic equity investment in Anchor Health Properties (Anchor), a best-in-class owner, manager, and developer of healthcare real estate across the United States. The investment was made through a separate account managed by SRE on behalf of a large international pension fund client. As of June 30, 2022, SRE oversaw US$168 billion in global real estate capital allocations for its limited partners and clients. Anchor intends to utilize the investment to fund future platform growth, as well as to enhance its balance sheet and credit reserves. Anchor Health Properties continues to be the majority owner and managing member of the operating platform.
"The commitment of one of the world's largest institutional investors to partner with the Anchor platform will help us manage and accelerate future growth in the coming years, We are confident that Anchor and SRE share a similar cultural fit, long-term ownership mentality, appropriate risk-adjusted decision making, and a vision to facilitate best-in-class healthcare services through our healthcare facilities across the United States. We are excited for this next chapter of Anchor's growth as we continue to 'pursue better healthcare through real estate solutions' across our three major service lines."
-Ben Ochs, Anchor's Chief Executive Officer
James Schmid, the firm's Chief Investment Officer, noted, In early 2022, Anchor evaluated the potential to enhance the firm's corporate balance sheet and prepare for the next stage of platform growth. We had the opportunity to meet with a wide range of equity and debt capital investors across the globe and evaluate the potential to partner with strategic growth capital as we continue to expand our development, management, and investment reach and capabilities. We anticipate there will be increased investment and development opportunities in the coming months and years, and we are well positioned to take advantage to drive outsized returns for investors as those opportunities arise. Further, we are excited to benefit from SRE's insights into global capital flows and dynamic approaches to business execution.
John Waters, SRE Partner and Head of Investments added, We got to know Anchor while we were evaluating best-in-class partners with which to make a strategic investment in the US healthcare real estate sector. We believe that our recapitalization of Anchor will help them to achieve their growth objectives and significantly enhance their operating platform going forward.
Ted Flagg, Senior Managing Director for JLL Securities, facilitated a targeted investor process to help Anchor evaluate equity and debt options for a platform investment over the course of 2022. Mr. Flagg added, JLL Securities is pleased to have represented Anchor to find the right investor for long-term platform growth. After considering a meaningful number of different and attractive proposals from domestic and international investors, JLL worked with Anchor to determine the best strategic fit with a partner who shared a similar approach to investing, including a long-term investment mindset and a continued commitment to providing exceptional services for healthcare real estate.
Anchor Health Properties was advised on legal elements by Goodwin & Proctor LLP during the transaction process. SRE was advised by Latham & Watkins LLP. Jones Lang LaSalle Securities provided financial advisory services to Anchor Health Properties for the transaction.
About Anchor Health Properties
Anchor Health Properties is a national, full-service healthcare real estate development, management, and investment firm serving investors and health systems. Leveraging our collective experience and resources, our nimble, and thoughtful team of professionals develop and deliver tailored, client-specific solutions to respond to today's healthcare challenges – thinking outside the "medical office box." With more than $1.5B of completed development projects, nearly 9M square feet under management, and nearly $3B invested in stabilized healthcare facilities, Anchor continues to create a better healthcare experience for patients and a competitive edge for our clients. Anchor maintains multiple offices nationwide and features more than 100 professionals in its ranks. Healthcare today calls not only for new and more efficient ways of delivering healthcare services, but also a different kind of healthcare real estate company.