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    AFTER FLORIDA, ARIZONA’S REAL ESTATE MARKET WILL BE HIT NEXT BY GLOBAL WARMING

    Feb 20, 2019

    Florida has been the bellwether for real estate changes due to global warming-induced sea level rise, but it’s followed by multiple states on the eastern seaboard of the USA. Studies have found that billions have already been lost on coastal property values as buyers factor in the cost of risi...

    TFIE STRATEGY INC
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    https://RE.report/news-article.aspx?ID=51365136

    PROPERTY INVESTORS FROM AROUND THE WORLD BUYING IN THE UK DESPITE BREXIT

    Feb 20, 2019

    Well off property investors from around the world are not put off buying property in the UK because of Brexit, new research suggests. Indeed some 85% are currently investing in British property with one in four saying they are doing so because of Brexit, a global survey for UK property developer Sev...

    SEVENCAPITAL
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    https://RE.report/news-article.aspx?ID=51375137

    NUMBER OF FIRST TIME BUYERS REACHED 12 YEAR HIGH IN 2018

    Feb 20, 2019

    The number of people buying their first home reached a 12 year high in the UK in 2018 with 370,000 getting a mortgage for the first time, the latest industry figures show. Overall the number increased by 1.9% compared with 2017, the highest number of first time buyer mortgages since 2006 and the &po...

    UK FINANCE
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    https://RE.report/news-article.aspx?ID=51385138

    NUVEEN REAL ESTATE LAUNCHES $550M MULTIFAMILY FUND

    Feb 20, 2019

    Nuveen Real Estate has launched its U.S. Cities Multifamily Fund with $550 million on first close. The fund is an open-end perpetual life real estate investment vehicle that will acquire and manage institutional quality multifamily rental properties in select U.S. cities. The first close is anchored...

    NUVEEN REAL ESTATE
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    https://RE.report/news-article.aspx?ID=51395139

    CALARE PROPERTIES ACQUIRES 40,500 SF OFFICE BUILDING IN FRAMINGHAM

    Feb 20, 2019

    Calare Properties has acquired a centrally located boutique office property at 30 Speen Street in Framingham, MA. Totaling approximately 40,500 sq. ft., the five-story building sits on 2.5 acres in the highly desirable Natick/Framingham, exit 13 micro-market. The asset benefits from direct highway f...

    CALARE PROPERTIES
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    https://RE.report/news-article.aspx?ID=51405140

    BROOKLYN’S LUXURY MARKET IS PICKING UP STEAM: STRIBLING

    Feb 19, 2019

    As was true in Manhattan, Brooklyn’s luxury residential market just had its best week of the year. Seventeen contracts were signed for a total of $54.58 million last week, according to the latest report from Stribling & Associates. The firm defines the borough’s luxury market as all ...

    STRIBLING & ASSOCIATES
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    https://RE.report/news-article.aspx?ID=51265126

    SELLERS ARE TAKING HUGE LOSSES ON BILLIONAIRES’ ROW. THESE ARE SOME OF THE BIGGEST

    Feb 19, 2019

    Maybe billionaires really do have money to burn. Luxury residential resales have been some of the biggest loss-makers in recent years, according to a new StreetEasy analysis. Whereas just 7.7 percent of the 16,000 apartments resold in New York from 2014 to 2018 sold for an outright loss, that percen...

    STREETEASY
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    https://RE.report/news-article.aspx?ID=51275127

    CHINA DOMINANT BUYER OF AUSTRALIAN DEVELOPMENT SITES IN 2018

    Feb 19, 2019

    Based on Knight Frank's latest report, Chinese Developers in Australia - Market Insight 2019, thirty one percent of Australian development sites in 2018 were bought by Chinese developers who purchased $1.3 billion worth of Australian residential development sites in 2018. This figure was down fr...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=51285128

    SURVEY REVEALS HOW HOME OWNERS FAIL TO BUDGET PROPERLY FOR IMPROVEMENTS

    Feb 19, 2019

    Almost two thirds of people in Britain overspend when it comes to home improvements and DIY, usually because they have not budgeted for the work, new research has found. Overall 65% said they spent more than anticipated and 68% said they did not set a budget in the first place, according to a survey...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=51295129

    HOUSING AFFORDABILITY IN BRITAIN IMPROVING AT FASTEST RATE SINCE 2011

    Feb 18, 2019

    The average asking price for property in Britain increased by 0.7% this month and is consistent with the growth recorded in February last year and the one before, the latest index shows. But year on year asking prices increased by just 0.2% or £714, according to the data from Rightmove. The pr...

    RIGHTMOVE
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    https://RE.report/news-article.aspx?ID=51305130

    CALIFORNIA TO BUILD TINY HOME COMMUNITY FOR HOMELESS WILDFIRE VICTIMS

    Feb 18, 2019

    When plans for the creation of a tiny home community for the homeless located in Chico, California, were initially unveiled, many city council members voiced their disdain and indifference. However, in the wake of California’s Camp Fire, a fire which claimed the lives of 85 people and destroye...

    NPR
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    https://RE.report/news-article.aspx?ID=51175117

    AS RENT AND TAX REFORMS SWEEP US, REAL ESTATE INDUSTRY BRACES FOR FIGHT WITH PROGRESSIVE LAWMAKERS

    Feb 18, 2019

    After making significant gains in the midterms elections, Democratic lawmakers now have their sights set on curbing big real estate players. Bills are being introduced in states like New York, Illinois and California to strengthen rent controls and change tax laws, according the Wall Street Journal....

    WALL STREET JOURNAL
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    https://RE.report/news-article.aspx?ID=51195119

    REDFIN AND ZILLOW EXPAND THEIR HOME BUYING AND SELLING SERVICES TO TEXAS

    Feb 18, 2019

    Redfin and Zillow launched their direct-to-consumer home buying and selling programs in Texas. On Monday, the two Seattle-based companies separately announced the introduction of Zillow Offers in Houston and RedfinNow in Dallas. Through Zillow Offers, Zillow buys homes directly from sellers and re-l...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=51205120

    UK TIGHTENS SCRUTINY OF REAL ESTATE FUNDS AFTER HEAVY WITHDRAWALS AHEAD OF BREXIT

    Feb 16, 2019

    A UK government agency asked real estate investment funds for daily liquidity reports after their investors withdrew hundreds of millions of pounds amid anxiety over the UK’s pending exit next month from the European Union. Chicago-based investment research firm Morningstar said retail investo...

    UK’S FINANCIAL CONDUCT AUTHORITY
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    https://RE.report/news-article.aspx?ID=51115111

    REAL ESTATE PROPERTY INTELLIGENCE PLATFORM REMINE RAISES $30M SERIES A ROUND

    Feb 15, 2019

    Real estate property intelligence platform Remine reported raising a $30 million Series A funding round led by New York based growth equity firm Stripes Group. The funds will go toward efforts to continue the Fairfax, Va.based company’s multiple listing services (MLS) expansion. Launched in 20...

    STRIPES GROUP
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    https://RE.report/news-article.aspx?ID=51125112

    CALABRIA TO SENATE: DON’T EXPECT ANY CHANGES TO GSE MULTIFAMILY BUSINESS

    Feb 15, 2019

    While Mark Calabria could very well enact some significant changes at Fannie Mae and Freddie Mac if he’s approved to serve as the next director of the Federal Housing Finance Agency, Calabria told a Senate panel this week that there likely won’t be any changes to the way that Fannie and ...

    FANNIE MAE
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    https://RE.report/news-article.aspx?ID=51095109

    CRE INVESTORS START PUTTING MONEY BEHIND DEFENSIVE STRATEGIES

    Feb 15, 2019

    Investors appear to be keeping the foot on the gas in terms of acquisitions. According to research firm Real Capital Analytics (RCA), investment sales volume jumped 15 percent year-over-year in 2018 to reach $562.1 billion. But some investors are clearly retooling strategies to account for slowing g...

    REAL CAPITAL ANALYTICS
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    https://RE.report/news-article.aspx?ID=51015101

    PANELISTS PREDICT ROBUST CONSTRUCTION AND REAL ESTATE DEVELOPMENT THROUGH 2021

    Feb 14, 2019

    Our region’s construction industry continues to remain strong and it is expected to continue to exhibit strong growth through 2021. That’s the prognostication by panelists during a recent program titled “Building Construction Financing 2019.” The panel’s moderator, Pete...

    BERNKOPF GOODMAN LLP
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    https://RE.report/news-article.aspx?ID=51025102

    ANNUAL HOUSE PRICE GROWTH IN THE UK SLOWS TO LOWEST SINCE JULY 2013

    Feb 14, 2019

    Average house prices in the UK increased by 2.5% in the year to December 2018, down from 2.7% in November 2018, the lowest annual rate of growth since July 2013 when it was 2.3%, official figures show. The data published by the Office for National Statistics using data from separate indices in Scotl...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=51035103

    ASKING PRICES FALL NATIONALLY IN ENGLAND AND WALES OR FIRST TIME SINCE 2011

    Feb 14, 2019

    Average asking prices in England and Wales fell by 0.2% in the 12 months to February 2019, the first fall on the national figure for over seven years, according to the latest index data. It takes the average asking price to £304,671, the figures from the Home.co.uk index shows and it is the fi...

    HOME.CO.UK
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    https://RE.report/news-article.aspx?ID=51045104

    MANHATTAN LANDLORDS SHRINK FREEBIES, RAISE RENTS AS DEMAND GROWS

    Feb 14, 2019

    Manhattan landlords got a glimpse of light at the end of a long, dark tunnel in January as demand from frustrated buyers allowed them to raise rents and give away fewer freebies to attract tenants. The share of new leases signed in January that included periods of free rent, covered brokers’ f...

    MILLER SAMUEL INC
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    https://RE.report/news-article.aspx?ID=51105110

    COMMUNITY PRESERVATION CORP. LAUNCHES MULTIFAMILY MORTGAGE COMPANY

    Feb 13, 2019

    Community Preservation Corp., a nonprofit affordable housing and community revitalization finance company, is no stranger to multifamily lending, having originated nearly $500 million in agency loans in 2018 alone. But now, the company is spinning off its agency lending business and creating a stand...

    COMMUNITY PRESERVATION CORP
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    https://RE.report/news-article.aspx?ID=50935093

    PRIVATE EQUITY LIKES THE LOOK OF BLACKSTONE’S REAL ESTATE MODEL

    Feb 13, 2019

    In January the 800 Fifth tower in Seattle was sold for $540 million the biggest commercial real estate transaction in the Northwest in three years. The buyer isn’t a typical developer, but investment firm Blackstone, a longtime leader in private equity. The company also recently bought five of...

    BLACKSTONE GROUP LP
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    https://RE.report/news-article.aspx?ID=50945094

    NUVEEN REAL ESTATE LENDS $124M ON COLORADO INDUSTRIAL PORTFOLIO

    Feb 13, 2019

    Nuveen Real Estate, a real estate investment arm of TIAA, has provided $124.3 million to Berkeley Partners for its purchase of an expansive industrial portfolio, with assets located throughout Colorado, according to brokerage HFF, which arranged the debt. The 10-year, fixed-rate loan went toward of ...

    NUVEEN REAL ESTATE
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    https://RE.report/news-article.aspx?ID=50955095

    AMAZON UPROAR CAUSES DEJA VU FOR BUILDING BOSS

    Feb 13, 2019

    Controversy over Amazon’s blockbuster New York City headquarters may be the brightest lighting rod in the city’s world of real estate and commerce, but according to some players with an intimate knowledge of New York’s history, it doesn’t go without precedent. “Last nig...

    AMAZON
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    https://RE.report/news-article.aspx?ID=50965096

    CALIFORNIA, YOUR AFFORDABLE HOUSING WOES ARE FAR FROM OVER

    Feb 12, 2019

    It’s no surprise that affordability has been a tremendous concern for many home owners living in California, and new data suggests that their worries are far from over. According to the Traditional Housing Affordability Index from the California Association of Realtors, the percentage of homeb...

    CALIFORNIA ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=50855085

    INVESTCORP CONTINUES GROWING MULTIFAMILY PORTFOLIO WITH $330 MILLION ROUND OF ACQUISITIONS

    Feb 12, 2019

    For the second time in just a few months, Investcorp is growing its multifamily portfolio by more than 2,000 units. In late November, Investcorp, an alternative asset manager, acquired six multifamily properties with a total of 2,876 units for a combined purchase price of $311 million. All of the un...

    INVESTCORP
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    https://RE.report/news-article.aspx?ID=50865086

    NAR: AS HOUSING INVENTORY GROWS HOME PRICES RISE AT HEALTHY PACE

    Feb 12, 2019

    The national median existing single-family home price increased 4% annually to $257,600 in the fourth quarter, according to the latest quarterly report from the National Association of Realtors. Notably, this is moderately down from the annual increase of 4.8% in the third quarter of 2018. Home pric...

    NATIONAL ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=50875087

    HOMEOWNERSHIP INVESTMENT COMPANY UNISON SEES EXPLOSIVE 370% YOY GROWTH

    Feb 12, 2019

    Homeownership investment pioneer Unison closed out 2018 with an impressive 370% growth in revenue and a 308% uptick in customer transactions from the previous year, the company reported. By the end of 2018, Unison had $2.42 billion in co-invested residential real estate in its portfolio. As home pri...

    UNISON
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    https://RE.report/news-article.aspx?ID=50885088

    REDFIN GROWS IBUYER PROGRAM BEYOND CALIFORNIA, STARTS BUYING HOMES IN DALLAS

    Feb 11, 2019

    Redfin is growing its direct homebuying program beyond California, as the online real estate brokerage announced Monday that it has begun buying houses in the Dallas-Fort Worth area. Redfin launched its direct homebuying program in the first quarter of 2017, but did not make the program public until...

    REDFIN
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    https://RE.report/news-article.aspx?ID=50775077

    REDFIN: BIDDING WARS VIRTUALLY VANISH IN JANUARY

    Feb 11, 2019

    All signs point to a housing market slowdown and new data from Redfin indicates that competition is easing as well. According to the company, only 13% of offers written by Redfin agents faced a bidding war in January. This is a drastic drop from 53% in January 2018. “Buyers have heard that the...

    REDFIN
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    https://RE.report/news-article.aspx?ID=50785078

    RESEARCH REVEALS PRICES IN TOP SCHOOL CATCHMENT AREAS IN ENGLAND

    Feb 11, 2019

    Buying a home in England near a top rated secondary school costs on average £331,605 but falls to £292,933 for schools rated as good, new research has found. While homes in school catchment areas rated three and four by Ofsted cost on average £253,121 and £235,242, respective...

    CONFUSED.COM
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    https://RE.report/news-article.aspx?ID=50795079

    FALLING HOUSE PRICES MEANS PROPERTY INVESTMENT IS LESS ATTRACTIVE, NEW ANALYSIS SUGGESTS

    Feb 11, 2019

    Investing in property in England as a short term measure is no longer better than savings rates due to prices falling, according to new research. Buying property has been seen as an antidote to dismal returns on savings, but the best saving rates now look more attractive than property price growth i...

    ROYAL LONDON
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    https://RE.report/news-article.aspx?ID=50805080

    REAL ESTATE IS THE NEW GATEWAY TO THE IVY LEAGUE FOR INTERNATIONAL PARENTS

    Feb 08, 2019

    Gaining admission to the nation’s most elite universities is only growing more competitive, as the number of qualified applicants, and the number of schools those applicants apply to, increases. For international students, the process can be even more difficult, with English proficiency tests,...

    FORBES
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    https://RE.report/news-article.aspx?ID=50695069

    TRUMP'S FIRST BIG MANHATTAN REAL ESTATE WINDFALL SET FOR DEMOLITION

    Feb 08, 2019

    Donald Trump's first big Manhattan real estate windfall will be torn down as part of a deal with developers to buy the Midtown hotel. Developer TF Cornerstone and investment firm MSD Partners have agreed to buy the 26-story building, which stands next to Grand Central Terminal. Trump partnered w...

    MSD PARTNERS
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    https://RE.report/news-article.aspx?ID=50705070

    OXFORD NAMED AS LEAST AFFORDABLE CITY TO BUY A HOUSE IN THE UK

    Feb 08, 2019

    Londonderry and Stirling are the UK’s most affordable cities in terms of house prices with Oxford being the least, according to new research. Overall, house prices in cities have outpaced earnings growth by 11%, causing home affordability to reach on average, its lowest level since 2007, when ...

    LLOYDS BANK
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    https://RE.report/news-article.aspx?ID=50715071

    PENDING HOME SALES CONTINUED TO FALL IN THE US AT END OF 2018, LATEST INDEX SHOWS

    Feb 08, 2019

    Pending home sales declined as a whole in the United States in December, but for the second month in a row the Western region experienced a slight increase, according to the latest index. Overall sales, based on contract signings, fell by 2.2% in the last month of 2018 and compared with December 201...

    NATIONAL ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=50725072

    NBIM RECLASSIFIES LISTED REAL ESTATE UNDER NEW INVESTMENT STRATEGY

    Feb 07, 2019

    Norges Bank Investment Management will invest between 3% and 5% in real estate, reclassifying listed real estate in the portfolio, on behalf of Government Pension Fund Global, Oslo, according to a new investment strategy announced Thursday, which will apply until 2022. The new real estate strategy w...

    NORGES BANK
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    https://RE.report/news-article.aspx?ID=50575057

    MAJORITY OF PROPERTY INVESTORS IN UK SET TO EXPAND THEIR PORTFOLIOS THIS YEAR

    Feb 07, 2019

    A majority of property professionals investing in the UK are set to expand their portfolios in 2019, remaining resilient despite a backdrop of uncertainty and squeeze on affordability. Some 80% of investors said they plan to increase their portfolios this year while 20% said they are not making any ...

    MT FINANCE
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    https://RE.report/news-article.aspx?ID=50615061

    NEW POLL REVEALS NUMBER OF PEOPLE MOVING OUT OF LONDON DUE TO HOUSING COST

    Feb 07, 2019

    Four in 10 people in London have considered leaving the capital due to spiralling housing costs, with a quarter looking to do so this year, new research has found. Even more, some 74%, believe there is a housing shortage and the majority believe that the Government is spending too much time on Brexi...

    YOU GOV
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    https://RE.report/news-article.aspx?ID=50625062

    BUILD TO RENT SET TO GROW IN THE UK AS INDIVIDUAL LANDLORDS EXIT THE MARKET

    Feb 07, 2019

    Some £75 billion of investment will be committed to the professionally managed private rented sector in the UK by 2025 as the sector continues to grow due to demand, says a new analysis. Indeed, an extra 560,000 households are expected to be renting a home by 2023, taking the proportion of hou...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=50635063

    FREDDIE MAC: SENIORS ARE CAUSING THE HOUSING SHORTAGE

    Feb 06, 2019

    More seniors are opting to age in place rather than relocate later in life, and it has contributed to the supply shortage that’s hampering the housing market. According to a study by Freddie Mac, seniors born after 1931 are staying in their homes longer than previous generations, and they are ...

    FREDDIE MAC
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    https://RE.report/news-article.aspx?ID=50595059

    RESIDENTIAL PROPERTY MARKET ON THE WAY TO RECOVERY IN THE CARIBBEAN

    Feb 06, 2019

    The property market is recovering on several islands in the Caribbean, in particular Mustique, with last year being one of consolidation, according to the latest analysis. Some islands are still feeling the impact of Hurricane Irma in 2017, says the Caribbean report from international real estate fi...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=50505050

    NEW PROPERTY LISTINGS INCREASED STRONGLY IN THE UK IN FIRST MONTH OF 2019

    Feb 06, 2019

    New property listings in the UK increased by 64% in January compared with December 2018, from 31,825 to 52,207, the latest supply index shows. New stock in London also increased significantly last month, up by 70.6% to 21,677 from 12,709 in December, according to the index from online estate agents ...

    HOUSESIMPLE
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    https://RE.report/news-article.aspx?ID=50515051

    DEVELOPERS CONFIDENCE IS HIGH IN KEY BRITISH CITIES, CRANE INDEX SHOWS

    Feb 06, 2019

    Confidence among developers is strong across regional cities in the UK with a sustained levels of homes, offices, hotels, retail, education and student housing delivered in 2018, a new survey shows. Overall construction activity hit record levels last year, led by activity in Belfast, Birmingham, Le...

    DELOITTE
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    https://RE.report/news-article.aspx?ID=50525052

    OLDER OWNERS DON’T DOWNSIZE AND MANY DON’T TOUCH KID’S BEDROOMS WHEN THEY HAVE MOVED OUT

    Feb 06, 2019

    The majority of home owners aged 55 and over would never consider downsizing and many remain so attached to the family home they don’t change their children’s rooms when they move out. New research reveals that 62% of older home owners say they would not consider selling and moving to a ...

    SUNLIFE
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    https://RE.report/news-article.aspx?ID=50535053

    NEW YORK PUTS THE BRAKES ON $1.2 BILLION MERGER OF FIDELITY NATIONAL AND STEWART

    Feb 05, 2019

    The $1.2 billion merger of Fidelity National Financial and Stewart Information Services just hit a major stumbling block, as New York’s top financial regulators recently told the title insurance companies that it does not approve of their merger. According to Securities and Exchange Commission...

    FIDELITY NATIONAL FINANCIAL
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    https://RE.report/news-article.aspx?ID=50415041

    FEWER HOMES SELLING ABOVE ASKING PRICE IN THE US AS MARKET SLOWS

    Feb 05, 2019

    The number of homes sold in the United States over their asking prices fell to a two year low at the end of 2018, a new analysis shows. Overall the share of sales that were over the listed price decreased from 21% in November to 19% in December, the largest month on month drop in seasonally adjusted...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=50425042

    GETTING RID OF EVICTION POWERS UNDER SECTION 21 COULD IMPACT ON LANDLORD NUMBERS

    Feb 05, 2019

    A ban on Section 21, the process where landlords start an eviction, could have a negative impact on the private rented sector, new research suggests. The industry is currently awaiting the outcome of a Government consultation on the creation of a Housing Court which could see changes to or the remov...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=50435043

    RENTAL GROWTH IN PRIME LONDON LETTINGS MARKETS PUSHES UP YIELDS FOR LANDLORDS

    Feb 05, 2019

    Annual rental value growth turned positive in the prime central London lettings market last year due to declining levels of stock, according to the latest analysis report. Rents increased by 1.1% year on year in December and the growth means that yields for landlords have risen across the prime Lond...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=50445044

    NUMBER OF YOUNG PEOPLE OWNING A HOME IN ENGLAND HAS FALLEN STEEPLY

    Feb 04, 2019

    Overall the number of people owing their own home in England has remain unchanged for the fifth year in a row, but the number of young owners has fallen by a third in a decade, the latest official figures show.
    Of the estimated 23.2 million households in England, some 14.8 million or 64% were...

    MHCLG
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    https://RE.report/news-article.aspx?ID=50315031

    MOST LANDLORDS IN ENGLAND ARE INDIVIDUALS EARNING AN AVERAGE OF £15,000 A YEAR

    Feb 04, 2019

    The vast majority of landlords in England, some 94%, operate as private individuals rather than as part of a company or organisation and on average earn £15,000 a year before tax and other deductions.
    The latest Private Landlords Survey, published by the Ministry of Housing, Communities...

    MHCLG
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    https://RE.report/news-article.aspx?ID=50325032

    CANBERRA IS ONLY CAPITAL IN AUSTRALIA TO SEE PRICES RISE IN JANUARY, LATEST INDEX SHOWS

    Feb 04, 2019

    Every capital city in Australia apart from Canberra saw property prices fall month on month in January with only Hobart, Adelaide and Canberra recording annual growth, the latest index shows.
    Overall, nationally prices fell by 1% month on month and are 5.6% below a year ago at a median value ...

    CORELOGIC
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    https://RE.report/news-article.aspx?ID=50335033

    FORMER SEN. JEFF FLAKE JOINS BOARD OF HOMEBUILDER TAYLOR MORRISON

    Feb 04, 2019

    Former Senator Jeff Flake, R-Arizona, is joining the housing business, sort of. Flake, whose term in the Senate ended last month, is joining the board of directors of Taylor Morrison, a homebuilder based in Flake’s home state of Arizona. Flake served only one term in the Senate, serving as Ari...

    TAYLOR MORRISON
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    https://RE.report/news-article.aspx?ID=50345034

    PROPERTY PRICE GROWTH SLOWED IN MORE THAN HALF OF THE BIGGEST US MARKETS IN 2018

    Feb 01, 2019

    Annual residential property price growth slowed in more than half of the largest housing markets in the United States in December 2018, the latest index shows. Seattle and San Jose in California saw the biggest declines in prices in 2018 after growing at a double digit pace during the year. In Decem...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=50235023

    RENTS IN SCOTLAND UP 0.9% DURING 2018, LATEST LETTINGS INDEX SHOWS

    Feb 01, 2019

    Private sector rents in Scotland increased by 0.9% nationally in the whole of 2018 to an average of £576 per month but some locations recorded double digit growth, the latest index shows. Rents increased the most in Glasgow with an annual rise of 12.7% while there was an increase of 12.2% in t...

    YOUR MOVE SCOTLAND
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    https://RE.report/news-article.aspx?ID=50245024

    FORECAST REPORT SUGGESTS HOUSING MARKET WILL BE SUBDUED IN 2019 WITH FALLING SALES

    Feb 01, 2019

    The UK housing market is unlikely to see much change in 2019 with sales forecast to fall by around 5% while lack of supply prevents house prices falling, says a new analysis. Nationally house price growth is likely to come to a standstill but the lack of supply should prevent outright falls while re...

    ROYAL INSTITUTION OF CHARTERED SURVEYORS
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    https://RE.report/news-article.aspx?ID=50255025

    FEDERAL AUTHORITIES ORDER SWEEPING OVERHAUL OF FAILING NEW YORK PUBLIC HOUSING

    Feb 01, 2019

    Federal authorities this week took a major step toward reforming and rehabilitating New York City’s unsafe, unsanitary, and in some cases, illegal public housing. The Department of Housing and Urban Development, the United States Attorney for the Southern District of New York, and the Environm...

    DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
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    https://RE.report/news-article.aspx?ID=50265026

    HOME BUILDERS: CONFIDENCE IN BABY BOOMER HOME SALES STRENGTHENS

    Jan 31, 2019

    Builder confidence in the housing market for those aged 55 years and older strengthenedin the fourth quarter of 2018, according to National Association of Home Builders. The organization’s latest Housing Market Index revealed sales of single-family homes of those aged 55+ increased six points ...

    NATIONAL ASSOCIATION OF HOME BUILDERS
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    https://RE.report/news-article.aspx?ID=50165016

    MULTIFAMILY INSIDER: HERE’S WHERE MULTIFAMILY INVESTORS SHOULD TURN FOR THEIR SMALL LOANS

    Jan 30, 2019

    The Freddie Mac Small Balance Loan Program has long been the most coveted multifamily loan for stabilized properties in need of financing between $1 million and $6 million (and in some cases a little more), but is it the best product for your property? Statistically - not likely.

    FREDDIE MAC
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    https://RE.report/news-article.aspx?ID=50055005

    HIGH-TURNOVER CITIES HAVE GREATEST HOME PRICE GROWTH

    Jan 29, 2019

    In cities where the residents move frequently, home price appreciation is the strongest. A new survey by LendingTree revealed a direct correlation between the two as it assessed the average housing tenure in 50 U.S. cities. LendingTree said that on average, homeowners have been in their houses for a...

    LENDINGTREE
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    https://RE.report/news-article.aspx?ID=50065006

    FREDDIE MAC: HOUSING MARKET HOLDS ITS GROUND IN JANUARY

    Jan 29, 2019

    The housing market continues to hold its ground in January, after receiving a boost from declining mortgage rates and slow home price growth at the end of 2018, according to Freddie Mac’s January Forecast. “Despite the weakening of the housing market in 2018, early 2019 data signals a po...

    FREDDIE MAC
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    https://RE.report/news-article.aspx?ID=50075007

    PROPERTYBASE ACQUIRES REAL ESTATE LEAD GEN COMPANY BOLDLEADS

    Jan 29, 2019

    Real estate technology company Propertybase announced it is acquiring BoldLeads, a real estate lead generation solutions company. "After nearly a year of research to identify a true market leader, we're thrilled to welcome the BoldLeads team to the Propertybase family," said Vance Lois...

    PROPERTYBASE
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    https://RE.report/news-article.aspx?ID=50085008

    NEW YORK LANDLORD ACCUSED OF RUNNING SHAM CO-OPS, OVERCHARGING RENTERS FOR DECADES

    Jan 29, 2019

    Two New York City co-op corporations overcharged renters for decades by operating apartment buildings as for-profit rental buildings instead of as co-ops, the New York Attorney General said recently.
    According to New York Attorney General Letitia James, the two buildings in question were conv...

    HOUSINGWIRE
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    https://RE.report/news-article.aspx?ID=50135013

    NEW YORK USING $9 MILLION FROM RBS SETTLEMENT TO FIGHT ZOMBIE HOMES

    Jan 29, 2019

    Continuing a fight that stretches all the way back to 2014, the state of New York is set to give its cities millions more in funding to address the glut of “zombie homes” that still blight many communities throughout the state. Back in 2016, the state of New York enacted “sweeping&...

    ROYAL BANK OF SCOTLAND
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    https://RE.report/news-article.aspx?ID=50145014

    CASE-SHILLER: HOME PRICE GAINS SLOW

    Jan 29, 2019

    In November, annual home price gains slowed nationwide, according to the latest Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic. The report's results showed that November 2018 saw an annual increase of 5.2% for home prices nationwide, falling from the previous month...

    CORELOGIC
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    https://RE.report/news-article.aspx?ID=50155015

    CALIFORNIA SUES ONE OF ITS OWN CITIES FOR NOT BUILDING ENOUGH AFFORDABLE HOUSING

    Jan 28, 2019

    In an unprecedented move, the state of California is suing one of its own cities for not building enough affordable housing. Late last week, California Gov. Gavin Newsom announced that the state is suing the city of Huntington Beach for “standing in the way of affordable housing production and...

    CALIFORNIA DEPARTMENT OF HOUSING
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    https://RE.report/news-article.aspx?ID=49974997

    WOODBRIDGE COMPANIES ORDERED TO PAY $1 BILLION FOR OPERATING MASSIVE REAL ESTATE PONZI SCHEME

    Jan 28, 2019

    Well-known luxury real estate developer Robert Shapiro and the group of companies he founded must pay back $1 billion for allegedly swindling thousands of investors out of hundreds of millions of dollars via a massive real estate Ponzi scheme. Just over a year ago, the Securities and Exchange Commis...

    WOODBRIDGE
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    https://RE.report/news-article.aspx?ID=49984998

    ZILLOW: LACKLUSTER EXISTING HOME SALES RESULT OF POLITICAL HEADWINDS

    Jan 28, 2019

    In December, existing home sales reversed course, suddenly dropping after months of continuous growth, according to the latest Existing Home Sales report from the National Association of Realtors. And while many factors contributed to the decline, Zillow attributes the drop to climbing mortgage rate...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=49994999

    EAGLEVIEW APARTMENTS SELL FOR $8.75M AT NEAR RECORD PRICE

    Jan 26, 2019

    The Eagleview Apartments sold for $8.75 million to a buyer making its first acquisition in Colorado Springs – and at a near record price. The unnamed investor paid $134,615 per unit – the second-highest price per unit paid in Colorado Springs for a property built prior to 1980. The 65-un...

    SKYLINE REAL ESTATE INVESTMENT
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    https://RE.report/news-article.aspx?ID=49924992

    AVERAGE HOUSE PRICES RISE 6% YEAR ON YEAR ON SCOTLAND

    Jan 25, 2019

    House prices in Scotland increased by 6% in the 12 months to November 2018 with values up across most of the country to a new peak average of £186,142, according to the latest index to be published. The data from the Your Move index shows that the market in Scotland is outpacing England and Wa...

    YOUR MOVE
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    https://RE.report/news-article.aspx?ID=49934993

    SURVEY: HALF OF BOOMER HOMEOWNERS PLAN TO AGE IN PLACE

    Jan 25, 2019

    More than half of Baby Boomers plan to age in place, electing to renovate in order to meet their changing needs, according to a new survey released by Chase and Pulsenomics. The Housing Confidence Index surveyed 3,000 heads of households, 753 of which were Baby Boomers.Among this group, 52% said the...

    PULSENOMICS
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    https://RE.report/news-article.aspx?ID=49904990

    IN ITS $500 MILLION AFFORDABLE HOUSING PLEDGE, MICROSOFT MAKES ITSELF THE BANK

    Jan 24, 2019

    Housing affordability continues to be a tremendous concern in the housing market, especially in expensive West Coast markets. As politicians and legislators look for ways to bring homeowners more affordable housing, corporations are also launching initiatives that could transform homeownership.
    MICROSOFT
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    https://RE.report/news-article.aspx?ID=49914991

    HUNT REAL ESTATE CAPITAL FINANCES THE ACQUISITION OF AN AFFORDABLE MULTIFAMILY PROPERTY LOCATED IN AUSTIN, TEXAS

    Jan 24, 2019

    Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced today it provided a Fannie Mae affordable multifamily loan in the amount of $19.5 million to finance the acquisition of a multifamily property located in Austin, Texas. Blunn Creek Apartmen...

    HUNT REAL ESTATE CAPITAL
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    https://RE.report/news-article.aspx?ID=49824982

    REAL ESTATE FIRM WATERTON ACQUIRES CONTROLLING STAKE IN PATHWAY TO LIVING

    Jan 23, 2019

    Waterton, a Chicago-based commercial real estate investor and operator, has bought a controlling interest in senior living developer and provider Pathway to Living. Also based in Chicago, Pathway’s portfolio consists of 32 properties across the Midwest, totaling 2,900 units.

    WATERTON
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    https://RE.report/news-article.aspx?ID=49834983

    LONDON, NEW YORK TOP LIST OF GLOBAL CRE INVESTMENT IN 2018: REPORT

    Jan 23, 2019

    Global commercial real estate investment topped $730 billion last year in the top 30 cities, as investors around the world poured in a record amount. The news wasn’t all good, as investment was expected to fall this year. London maintained its position in the top spot from 2017, according to a...

    JLL
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    https://RE.report/news-article.aspx?ID=49844984

    NEW HOME SALES FALL IN AUSTRALIA TO LOWEST LEVEL SINCE 2012

    Jan 23, 2019

    New home sales fell to their lowest level since 2012, down by 14.9% year on year in December, the latest figures shows. The drop in sales of new detached houses was less pronounced, down 6.7%, according to the new homes sales report from the Housing Industry Association (HIA). New South Wales was th...

    HOUSING INDUSTRY ASSOCIATION
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    https://RE.report/news-article.aspx?ID=49764976

    SINGLE-FAMILY RENTAL INVESTORS MAKE BIGGER BETS ON BUILD-TO-RENT HOMES

    Jan 22, 2019

    Capital pouring into the growing single-family rental (SFR) housing market is bumping up against a tough competitor—the consumer. Heightened competition amid a tight supply of housing inventory in many markets is pushing investors to shift strategies to focus on new development. “What yo...

    ROOFSTOCK
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    https://RE.report/news-article.aspx?ID=49684968

    REDWOOD TRUST BUYING REAL ESTATE INVESTMENT LOAN ORIGINATOR 5 ARCHES

    Jan 22, 2019

    Last year, Redwood Trust, a real estate investment trust that specializes in buying and securitizing jumbo mortgages, grew its real estate investor loan business when it acquired a 20% stake in 5 Arches, an originator and asset manager of investor-focused loans. As part of the deal, Redwood Trust ha...

    REDWOOD TRUST
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    https://RE.report/news-article.aspx?ID=49734973

    REDFIN: HOME PRICE GROWTH REACHES 6-YEAR LOW

    Jan 22, 2019

    In December, home sales climbed 1.2% year-over-year, marking the smallest increase since March 2012, according to new data from Redfin. Notably, Redfin also discovered that although U.S. home sale prices reached a median of $289,000, they fell in nine of the 75 largest metros the company tracks. Red...

    REDFIN
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    https://RE.report/news-article.aspx?ID=49744974

    FREDDIE MAC PARTNERING WITH RBC TO PROVIDE $180 MILLION FOR AFFORDABLE HOUSING

    Jan 22, 2019

    Freddie Mac, which re-entered the Low-Income Housing Tax Credit market last year after nearly 10 years away, is partnering with RBC to provide more than $180 million for affordable rental housing. Freddie Mac announced Tuesday that it closed a LIHTC Fund with RBC Capital Markets’ Tax Credit Eq...

    FREDDIE MAC
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    https://RE.report/news-article.aspx?ID=49754975

    AFFORDABLE HOUSING PROJECT, OSO APARTMENTS, TOPS OUT IN ALBANY PARK

    Jan 21, 2019

    After breaking ground just three months ago, Evergreen Real Estate Group, in partnership with the Chicago Housing Authority, has announced the topping-off of Oso Apartments, a 48-unit affordable rental community at 3435 W. Montrose Avenue in Chicago’s Albany Park neighborhood. “Residents...

    EVERGREEN REAL ESTATE GROUP
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    https://RE.report/news-article.aspx?ID=49574957

    SN SERVICING FINED FOR FAILING TO MAINTAIN NEW YORK ZOMBIE HOMES

    Jan 21, 2019

    SN Servicing must pay a six-figure fine for failing to maintain a pair of vacant homes in New York, the state’s financial regulator announced last week. Back in 2016, the state of New York enacted “sweeping” new laws aimed at reforming the state’s foreclosure process and addr...

    NEW YORK DEPARTMENT OF FINANCIAL SERVICES
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    https://RE.report/news-article.aspx?ID=49624962

    SN SERVICING FINED FOR FAILING TO MAINTAIN NEW YORK ZOMBIE HOMES

    Jan 21, 2019

    SN Servicing must pay a six-figure fine for failing to maintain a pair of vacant homes in New York, the state’s financial regulator announced last week. Back in 2016, the state of New York enacted “sweeping” new laws aimed at reforming the state’s foreclosure process and addr...

    NEW YORK DEPARTMENT OF FINANCIAL SERVICES
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    https://RE.report/news-article.aspx?ID=49634963

    DIRECT BUYER OFFERPAD PLANNING SIGNIFICANT EXPANSION, BEGINNING IN TEXAS

    Jan 21, 2019

    Last year, Offerpad secured $150 million in funding, which the direct homebuyer said that it planned to use to expand its business. As with similar direct buyers like Opendoor and Perch, along with real estate giants, Zillow and Redfin, Offerpad buys homes directly from sellers, makes the necessary ...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=49644964

    AVISON YOUNG: INDUSTRIAL, OFFICE MARKETS STRONG AS 2019 BEGINS

    Jan 21, 2019

    Commercial real estate markets are thriving today, and officials with Avison Young expect this positive trend to continue throughout 2019. That's the good news in the company's recently released 2019 North America, Europe and Asia Commercial Real Estate Forecast. "While the last few wee...

    AVISON YOUNG
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    https://RE.report/news-article.aspx?ID=49654965

    BUILDING BOOM IN SOUTHEAST WISCONSIN

    Jan 21, 2019

    Kenosha County, Wisconsin is one of the smallest industrial submarkets in the Chicago metro area. Its 249 properties, as of Q4 2018, are second to last in inventory count, as is its total square footage of 33,569,560 square feet. But that’s about to change as no area had more square footage un...

    TRANSWESTERN
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    https://RE.report/news-article.aspx?ID=49664966

    PROPERTY SALES DOWN IN CANADA FOR FOURTH MONTH IN A ROW

    Jan 18, 2019

    Residential property sales in Canada fell for a fourth month in a row in December while prices fell by almost 5%, the latest agent index shows. National home sales fell 2.5% from November to December 2018 and are some 19% below where they were in December 2017, according to the index data from the C...

    CANADIAN REAL ESTATE ASSOCIATION
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    https://RE.report/news-article.aspx?ID=49494949

    NEW HOME STARTS UP BY 12% IN ENGLAND IN THIRD QUARTER OF 2018

    Jan 18, 2019

    The number of new homes being started in England increased by 12% in the third quarter of 2018 on a quarterly and annual basis, the latest official figures show. Meanwhile, completions were unchanged quarter on quarter but up by 3% year on year, according to the figures published by the Ministry of ...

    MHCLG
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    https://RE.report/news-article.aspx?ID=49504950

    GOLDMAN SACHS INVESTS $15 MILLION FOR SUPPORTIVE HOUSING IN NEW JERSEY

    Jan 18, 2019

    Aiming to provide housing options for the state’s “most vulnerable populations,” Goldman Sachs is partnering with New Jersey Community Capital to provide $15 million for supportive housing in the Garden State. Through the partnership, the Goldman Sachs Social Impact Fund is investi...

    GOLDMAN SACHS
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    https://RE.report/news-article.aspx?ID=49564956

    ELGIN APARTMENT BUILDING SELLS FOR $2.35 MILLION

    Jan 18, 2019

    Marcus & Millichap announced the sale of Regency Apartments, a 32-unit apartment property located in Elgin, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset sold for $2,350,000. Andrean Angelov, first vice president investments,...

    MARCUS & MILLICHAP
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    https://RE.report/news-article.aspx?ID=49584958

    FREDDIE MAC JUST HAD ITS BIGGEST YEAR EVER IN MULTIFAMILY

    Jan 18, 2019

    We already knew that Freddie Mac set an all-time record for multifamily security issuance in 2018, so it probably shouldn’t come as a surprise that 2018 was the government-sponsored enterprise’s best overall year ever in multifamily. Freddie Mac announced this week that it set a new reco...

    FREDDIE MAC
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    https://RE.report/news-article.aspx?ID=49594959

    FEDERAL RESERVE SAYS STUDENT DEBT HAS HAMPERED HOUSING MARKET

    Jan 17, 2019

    Student debt has impacted the housing decisions of young Americans, the Federal Reserve said, delaying homeownership and prompting a significant number of college grads to move away from rural areas. In two papers published Wednesday, the Fed said homeownership for adults ages 24 to 32 fell 9% from ...

    FEDERAL RESERVE
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    https://RE.report/news-article.aspx?ID=49484948

    RESIDENTIAL PROPERTY MARKET EXPECTED TO CONTINUE TO SOFTEN IN 2019 IN ABU DHABI

    Jan 16, 2019

    Sales of apartments in Abu Dhabi fell by 9% on average in 2018 while villas sales were down by 4%, according to the latest residential real estate report for the Emirate. Overall, sales activity for completed projects was limited, but off-plan properties offered at attractive rates with flexible pay...

    EMIRATE
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    https://RE.report/news-article.aspx?ID=49384938

    REAL ESTATE, MORTGAGE EXPERTS LAUNCH NETWORK FOR HOUSING PROFESSIONALS

    Jan 16, 2019

    Business for those working in real estate and mortgage lending is changing, and those who want to learn how to thrive in this new climate need a place to learn and connect. That was the impetus behind the creation of the Industry Syndicate, a media network and community for professionals working in ...

    MASSIVE AGENT SOCIETY
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    https://RE.report/news-article.aspx?ID=49464946

    EUROPEAN CO-LIVING COMPANY QUARTERS RAISES $300 MILLION FOR SUBSTANTIAL U.S. EXPANSION

    Jan 16, 2019

    Whether it’s because they’re attracted to communal, dormitory-style living or because that’s all they can afford these days, Millennials and other younger generations are increasingly turning to co-living as a housing option. In a co-living development, residents often have a small...

    W5 GROUP
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    https://RE.report/news-article.aspx?ID=49474947

    AFFORDABLE HOUSING TO REMAIN MAINSTAY OF DUBAI MARKET

    Jan 15, 2019

    The real estate market has also shifted to where it should have - the affordable segment. It has become the most important part of the market and we believe it will drive the growth of the real estate market. As demand for such real estate surges, policymakers and developers need to focus on the aff...

    KHALEEJ TIMES
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    https://RE.report/news-article.aspx?ID=49304930

    METAPROP TO INVEST $5M IN AFFORDABLE HOUSING STARTUPS

    Jan 15, 2019

    MetaProp, the New York-based real estate tech accelerator, is looking to bolster the creation and protection of affordable housing with a new initiative. The firm will partner with Enterprise Community Partners, a national nonprofit that focuses on affordable housing, to invest in startups that addr...

    METAPROP
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    https://RE.report/news-article.aspx?ID=49314931

    NEW YORK CLAIMS REAL ESTATE BROKERS MADE $21 MILLION THROUGH ILLEGAL AIRBNB RENTALS

    Jan 15, 2019

    A group of New York City real estate brokers made $21 million through a series of illegal Airbnb short-term rentals in flagrant violation of the city’s short-term rental laws, the city claims in a new lawsuit. This week, New York City sued Metropolitan Property Group along with a number of ass...

    METROPOLITAN PROPERTY GROUP
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    https://RE.report/news-article.aspx?ID=49374937

    SCOTLAND AND WALES SAW HIGHER RENT GROWTH THAN REST OF UK IN 2018

    Jan 14, 2019

    The average rent for a property in the UK increased by just 0.96% in 2018 but the lettings markets in Scotland and Wales are stronger, the latest index report shows. Rents increased by 0.91% in England but this was surpassed by annual growth of 1.57% in Wales, by 1.48% in Scotland and by 0.75% in No...

    LANDBAY
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    https://RE.report/news-article.aspx?ID=49194919

    THE VALUE OF HOMES IN THE UK REACHED A NEW RECORD IN 2018, NEW DATA SHOWS

    Jan 14, 2019

    Despite growing by just 2.7% in 2018 as Brexit fears slowed the market, the total value of UK housing stock increased £190 billion to hit a record £7.29 trillion, a new analysis shows. But the value of London’s residential stock recorded a 1.5%, the first since 2009, according to t...

    SAVILLS
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    https://RE.report/news-article.aspx?ID=49204920

    UK HOUSE PRICES TO GROW BY 13.1% OVER THE NEXT FIVE YEARS, SAYS LATEST FORECAST

    Jan 14, 2019

    House price growth in the UK is expected to be relatively moderate at 1.8% in 2019 with the property market affected by a number of economic, political and financial trends, according to the latest outlook report. The outlook is influenced by lower sales volume and capital growth, growing caution am...

    CBRE
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    https://RE.report/news-article.aspx?ID=49214921

    HOME BUILDING GROWTH IN THE UK UNDER THREAT FROM A NO DEAL BREXIT

    Jan 14, 2019

    Home building is boosting growth of the construction sector in the UK but home building organisations are warning that Brexit is and could continue to affect the sector. Official figures from the Office for National Statistics (ONS) show that overall the UK construction sector grew by 2.1% in the th...

    FEDERATION OF MASTER BUILDERS
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    https://RE.report/news-article.aspx?ID=49224922

    THESE ARE THE BEST HOUSING MARKETS TO PAY OFF DEBT

    Jan 14, 2019

    In 2018, American consumer debt reached a whopping $4 trillion, contributing to tightening affordability concerns in the housing sector. In fact, according to the latest National Association of Home Builders/Wells Fargo Housing Opportunity Index, housing affordability sat at a 10-year low in the thi...

    NATIONAL ASSOCIATION OF HOME BUILDERS
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    https://RE.report/news-article.aspx?ID=49284928

    NAR: AMERICAN DREAM OF HOMEOWNERSHIP IS STILL ALIVE

    Jan 14, 2019

    Although tightening affordability continues to be a deterrence to homeownership, data suggests Americans still strongly consider it to be a part of the American dream, according to the National Association of Realtors. In fact, according to NAR’s Aspiring Home Buyers Profile, approximately 75%...

    NATIONAL ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=49294929

    NORTHEAST OHIO'S OFFICE, INDUSTRIAL REAL ESTATE MARKETS GREW IN 2018

    Jan 13, 2019

    In 2018, real estate owners and developers added substantial volumes of industrial and office space, yet users of such space expanded so much that vacancy climbed little in both segments. While the region has been derided for years for lacking real commercial property growth, with new development am...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=49184918

    LENDING RULES TO CHANGE TO HELP UK HOME OWNERS WHO ARE MORTGAGE PRISONERS

    Jan 11, 2019

    Lending rules set out by the UK’s financial watchdog are set to change to help some 140,000 home owners who are mortgage prisoners, unable to switch to a better deal with another provider. The Financial Conduct Authority (FCA) has written to the Treasury Committee confirming that there are aro...

    BUILDING SOCIETIES ASSOCIATION
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    https://RE.report/news-article.aspx?ID=49084908

    MOST OF UK SAW STEADY RENTAL GROWTH IN 2018, LED BY ALMOST 5% RISE IN LONDON

    Jan 11, 2019

    Rents in the UK increased by 1.5% in the 12 months to December 2018 to an average of £921 per month, the latest lettings index shows. However, when London is excluded the rise was just 0.7% to an average of £763, according to the data from the HomeLet index, while in London they increase...

    HOMELET
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    https://RE.report/news-article.aspx?ID=49094909

    FIXED FIVE YEAR BUY TO LET MORTGAGE DEALS OFFER SAVINGS FOR LANDLORDS

    Jan 11, 2019

    Landlords can find cheaper buy to let mortgage deals with new research showing that most fixed rate mortgages are currently down year on year, some by as much as £29 per month for a typical mortgage of £150,000. Five year fixed rate mortgages, which have been steadily gaining in populari...

    PROPERTY MASTER
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    https://RE.report/news-article.aspx?ID=49104910

    GOVERNMENT LOW TARGET FOR SOCIAL HOUSING CRITICISED

    Jan 11, 2019

    Just after a major report pointed out that 3.1 million new social homes are needed in England in the next 20 years to cope with the demand for affordable homes, the Government’s low target has been revealed. Housing Minister Kit Malthouse revealed that the current target is to build just 10,00...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=49114911

    CBRE SELLS TWO-PROPERTY INDUSTRIAL PORTFOLIO IN MINNESOTA

    Jan 11, 2019

    CBRE Capital Markets has arranged the sale of the two-property Minneapolis Care-Plus Logistics portfolio. Judd Welliver, Ryan Watts, Sonja Dusil and Tom Holtz in CBRE’s Minneapolis office represented the seller, the Meritex Company.

    CBRE CAPITAL
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    https://RE.report/news-article.aspx?ID=49124912

    REMOTE WORKING HAS LED TO A SHORTAGE OF SUPPLY IN SOME NORTH AMERICAN SKI RESORTS

    Jan 10, 2019

    Remote working has boosted the number of people living in ski resorts in the United States and Canada, resulting in a fall in the number of homes available for sale, a new report shows. Overall ski property markets have solidified their position as year round travel destinations and this has also he...

    CHRISTIE’S INTERNATIONAL REAL ESTATE
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    https://RE.report/news-article.aspx?ID=48984898

    NUMBER OF HOME SALES FALLING THROUGH IN ENGLAND AND WALES UP STEEPLY AT END OF 2018

    Jan 10, 2019

    There was a sharp increase in number of failed house sales in England and Wales in the last quarter of 2018, down almost 50%, but overall the outlook remains strong, new figures suggest. Some 49.8% of all house sales in England and Wales fell through before completion in the final quarter of 2018, a...

    QUICK MOVE NOW
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    https://RE.report/news-article.aspx?ID=48994899

    RESEARCH FINDS LANDLORDS ARE TREATED MORE FAVOURABLY THAN LEASEHOLDERS

    Jan 10, 2019

    Landlords are treated more favourably than leaseholders in Britain, according to legal executives but they are warning that while the balance needs to change, reform should not discourage property investment. The current law disadvantages leaseholders, and in its response to a consultation by the La...

    CILEX
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    https://RE.report/news-article.aspx?ID=49004900

    LANDLORDS ARE BEING TAXED OUT OF BUSINESS, IT IS SUGGESTED

    Jan 10, 2019

    The majority of landlords in Britain are only paying the interest on their mortgages rather than paying off their loans, research suggest. According to the National Landlords Association (NLA) some 79% of landlords are only servicing the interest on their mortgages and it is due to rising costs with...

    NATIONAL LANDLORDS ASSOCIATION
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    https://RE.report/news-article.aspx?ID=49014901

    OFFICE TAKE UP IN CENTRAL LONDON REACHES HIGHEST LEVEL SINCE 2014

    Jan 10, 2019

    Central London office take-up for the whole of 2018 reached 14.61 million square feet, some 14% higher than the long term average and the highest level since 2014, new research shows. Overall Central London office take-up in 2018 was more than 5% higher than the previous year which stood at 13.84 mi...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=49024902

    NEW HOME APPROVALS REACH FIVE YEAR LOW IN AUSTRALIA

    Jan 09, 2019

    New home approvals in Australia fell to a five year low towards the end of last year with property experts blaming tightened lending from banks. Overall new home approvals fell by 9.1% with multi-unit homes down by 18.4% and detached home approvals down by a more modest 2.3% in November, according t...

    DIWA HOPKINS
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    https://RE.report/news-article.aspx?ID=48924892

    DUBAI REAL ESTATE PRICES TO DROP DOWN BY 10 PERCENT

    Jan 08, 2019

    This is on top of the 6 to 10 per cent decline Dubai residential property prices witnessed in 2018, the executive added. "Real estate prices have slipped and with the strengthening of the US dollar, investors from traditional source markets such as Russia, India, UK and Europe are facing afford...

    SAVILLS
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    https://RE.report/news-article.aspx?ID=48814881

    LENDINGTREE: THIS IS WHAT'S IN STORE FOR THE HOUSING MARKET IN 2019

    Jan 08, 2019

    Although several housing market experts anticipate the market slowing down in 2019, LendingTree believes that there is no cause for alarm. In its 2019 forecast, LendingTree predicts slower sales will give rise to an increase of inventory, which could benefit lenders and homeowners. “The medium...

    LENDINGTREE
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    https://RE.report/news-article.aspx?ID=48874887

    FLAT FEE REAL ESTATE COMPANY HOME BAY SET TO EXPAND WITH $13.5 MILLION CAPITAL RAISE

    Jan 08, 2019

    The last few years have been a period of growth for Home Bay, a flat fee real estate company, and thanks to a new injection of funding, the growth won’t be stopping any time soon. Home Bay announced Tuesday that it raised $13.5 million in its Series A-1 funding round, which was led by Signal P...

    SIGNAL PEAK VENTURES
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    https://RE.report/news-article.aspx?ID=48884888

    RENTERS WAREHOUSE ACQUIRES SINGLE-FAMILY RENTAL INVESTMENT PLATFORM OWNAMERICA

    Jan 08, 2019

    Renters Warehouse, a property management company that specializes in managing single-family rentals, can now also offer investors a platform for buying and selling single-family rentals after the company completed its acquisition of OwnAmerica. Last month, Renters Warehouse announced that it planned...

    OWNAMERICA
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    https://RE.report/news-article.aspx?ID=48894889

    NRP GROUP ROLLING OUT MULTIFAMILY PROPERTY MANAGEMENT SERVICES

    Jan 08, 2019

    The NRP Group, a developer, builder, and manager of multifamily housing, is set to begin offering its property management services to third parties. NRP Group announced this week that it is rolling out NRP Management, which will allow other multifamily developers and property managers to use NRP Gro...

    NRP GROUP
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    https://RE.report/news-article.aspx?ID=48904890

    EVERGREEN REAL ESTATE GROUP GROWS NATIONAL AFFORDABLE HOUSING PORTFOLIO

    Jan 07, 2019

    Chicago-based Evergreen Real Estate Group has been retained to manage nine affordable housing communities comprising a total of 1,071 units across Illinois, Kansas, Ohio, and Wisconsin. The assignments include a mix of affordable housing for families, seniors and people with disabilities, expanding ...

    EVERGREEN REAL ESTATE GROUP
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    https://RE.report/news-article.aspx?ID=48824882

    PRICES AND RENTS SET TO CONTINUE FALLING IN DUBAI IN 2019 DESPITE RUSH TO BUY AT END OF 2018

    Jan 07, 2019

    There was a rush to complete property sales in Dubai in the last 10 days of 2018 but experts are predicting that both prices and rents are set to keep falling in 2019. Data from the Dubai Land Department (DLD) shows that some $5.1 billion real estate deals were completed from 17 to 30 December 2018 ...

    DUBAI LAND DEPARTMENT
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    https://RE.report/news-article.aspx?ID=48714871

    RENTS IN ENGLAND AND WALES UP BY 1.8% IN YEAR TO NOVEMBER 2018

    Jan 07, 2019

    Rents in England and Wales increased by 1.8% in the 12 months to November 2018, taking the average paid to £864 per calendar month, the latest index shows. The South West recorded the strongest annual growth at 4.3% to an average of £701, followed by the East Midlands, up 1.9% to £...

    YOUR MOVE
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    https://RE.report/news-article.aspx?ID=48724872

    LANDLORDS BECOMING RELUCTANT TO RENT TO EU NATIONALS DUE TO BREXIT NO DEAL WORRIES

    Jan 07, 2019

    Right to Rent is creating a hostile atmosphere in the UK’s private rented sector with more landlords refusing to consider renting to non-British nationals, including citizens from the European Union. Some 44% of private rented sector landlords are less likely to rent to those without a British...

    RESIDENTIAL LANDLORDS ASSOCIATION
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    https://RE.report/news-article.aspx?ID=48734873

    CITADEL EXPANDS REAL ESTATE IN PARK AVE. OFFICE TOWER

    Jan 07, 2019

    L&L Holding has something more substantial to celebrate at 425 Park Ave. than the Norman Foster-designed tower’s recent ceremonial topping-out. The tower’s anchor (and thus far only) office tenant, Citadel Enterprises, has signed to add 124,000 square feet to its earlier 211,400 squa...

    L&L HOLDING
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    https://RE.report/news-article.aspx?ID=48784878

    NO RECESSION IN IMMEDIATE CHARLESTON REAL ESTATE FORECAST, BUT THERE ARE HEADWINDS

    Jan 07, 2019

    Fifteen years ago, the Charleston region’s population stood at about 550,000, the number of visitors closed in on 4.4 million and the number of breweries serving up suds could be counted on a couple of fingers. Nobody shopped much above Calhoun Street in the downtown area, James Beard was not ...

    THE SHOPPING CENTER GROUP
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    https://RE.report/news-article.aspx?ID=48794879

    CHICAGO LUXURY HIGH-RISE, LINEA, SELLS TO CANADIAN REAL ESTATE FIRM

    Jan 07, 2019

    Holliday Fenoglio Fowler, L.P. (HFF) facilitated the sale of LINEA, a newly constructed, 265-unit, luxury high-rise apartment building located at 215 W. Lake Street in downtown Chicago. The HFF team marketed the property on behalf of the seller, a partnership between LaSalle Investment Management, I...

    HOLLIDAY FENOGLIO FOWLER, L.P.
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    https://RE.report/news-article.aspx?ID=48804880

    THE NEW GOLD STANDARD: CENTURY 21 CANADA TO LAUNCH THE LARGEST CUSTOM REAL ESTATE PLATFORM BUILD IN MODERN HISTORY

    Jan 06, 2019

    Nearing the launch of their new technology platform, CENTURY 21 Canada (C21) finds itself in a familiar place once again: on the leading edge. After all, it was a little over a decade ago when C21 first became the market leader in real estate technology after investing heavily in their first online ...

    CENTURY 21
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    https://RE.report/news-article.aspx?ID=48684868

    FREDDIE MAC: ALL IS RELATIVELY QUIET ON THE APARTMENT INVESTMENT FRONT

    Jan 04, 2019

    After seeing declines earlier in the year thanks to the high mortgage rates in the first half of 2018, the environment for apartment investment stabilized in the third quarter of the year, according to Freddie Mac’s latest Apartment Investment Market Index. AIMI is an analytical tool that comb...

    FREDDIE MAC’S
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    https://RE.report/news-article.aspx?ID=48694869

    HOME BUYERS FEES TO REMAIN UNCHANGED IN SCOTLAND IN 2019

    Jan 04, 2019

    Here will be no increase in fees for home buyers in Scotland in 2019, it has been confirmed. Statutory fees charged by Registers of Scotland will remain at the same rate they have been since January 2011. In another boost for buyers, the Scottish Government has announced that there will be no change...

    RETTIE & CO
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    https://RE.report/news-article.aspx?ID=48614861

    BRITISH PROPERTY MARKET SET TO BE SLOW UNTIL AFTER BREXIT IN MARCH 2019

    Jan 04, 2019

    The British property market is likely to see a slow start to the new year, with continued concerns about Brexit expected to affect buyer and seller decisions until after the UK leaves the European Union in March. The market in London is likely to be the slowest, with fewer international buyers, main...

    CLUTTONS
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    https://RE.report/news-article.aspx?ID=48584858

    IMPROVING ECONOMY HELPING CONTINUED PROPERTY MARKET RECOVERY IN CYPRUS

    Jan 04, 2019

    Further recovery in the economy in Cyprus is helping the Mediterranean island’s property markets recover with prices up consistently in the second quarter of 2018. Across Cyprus prices for houses increased by 2.1% quarter on quarter and prices for flats rose by 1.3%, according to the latest qu...

    RICS
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    https://RE.report/news-article.aspx?ID=48594859

    AUSTRALIA HAS WEAKEST HOUSING MARKET SINCE 2008, LATEST INDEX SHOWS

    Jan 03, 2019

    Property prices in Australia fell by 4.8% nationally in 2018 to a median value of $532,327, while the rate of decline worsened consistently over the year, the latest real estate index shows. It means that the housing market as a whole has seen the weakest market conditions since 2008, according to t...

    CORELOGIC
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    https://RE.report/news-article.aspx?ID=48604860

    MANHATTAN’S REAL ESTATE MARKET ENDS 2018 IN ‘RESET MODE’

    Jan 03, 2019

    New York’s real estate market is in a slump. (Or, if you’re a buyer, you could look at it this way: Now’s the time to strike if you’ve been waffling on whether to buy a place.) The latest batch of market reports, looking at Q4 sales in Manhattan, are here, and there are some ...

    DOUGLAS ELLIMAN
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    https://RE.report/news-article.aspx?ID=48624862

    SCOTTISH LANDLORDS VOICE CONCERNS OVER INCREASED TAX BURDEN IN 2019

    Jan 02, 2019

    Tax changes announced by the Scottish Government could reduce investment by landlords and exacerbate the country’s housing crisis, it is claimed. The Scottish Association of Landlords (SAL) has criticised the decision to increase the Additional Dwelling Supplement (ADS) portion of the Land and...

    SCOTTISH ASSOCIATION OF LANDLORDS
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    https://RE.report/news-article.aspx?ID=48524852

    PRIME PROPERTY LETTINGS MARKET IN LONDON HAS BEEN RESILIENT IN 2018

    Jan 02, 2019

    The prime property lettings market in London has been resilient in 2018 despite the uncertain political and economic background due to Brexit, according to the latest rental index report. In prime central London rents increased by 1.1% in 2018 year on year but fell by 0.6% quarter on quarter, the da...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=48494849

    HOUSE PRICES IN IRELAND EXPECTED TO RISE BY AROUND 5% IN 2019

    Jan 02, 2019

    House prices in Ireland are expected to rise by around 5% in 2019 after slowing sharply in the third quarter of 2018 before stabilising in the last quarter of the year, the latest research suggests. Overall values increased by 6% last year and sales also saw strong growth, up 5% while the overall va...

    MYHOME
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    https://RE.report/news-article.aspx?ID=48504850

    PENDING HOMES SALES IN THE US DOWN YEAR ON YEAR FOR 11 MONTHS IN A ROW

    Jan 01, 2019

    Pending home sales in the United States fell by 0.7% in November, but there were minor increases in the Northeast and the West, according to the latest index to be published. But year on year pending home sales was down by 7.7% and have now declined on an annual basis for 11 months in a row, accordi...

    NATIONAL ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=48514851

    PULTEGROUP ACCUSED OF HIDING SHODDY HOMEBUILDING FROM BUYERS

    Dec 31, 2018

    PulteGroup and its subsidiary, Pulte Home Company, allegedly built homes in the state of Florida that were not to code and hid that information from homebuyers, according to the office of Florida Attorney General Pam Bondi. Bondi’s office announced last week that it reached a settlement with t...

    PULTEGROUP
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    https://RE.report/news-article.aspx?ID=48474847

    CORELOGIC: HOME PRICES WILL RISE IN 2019

    Dec 31, 2018

    In 2018, the principal-and-interest mortgage payment on the median-priced home climbed by more than 16%, according to the latest data from CoreLogic. CoreLogic reports that although the median home price rose by less than 6% over the past year, prospective buyers are in for a rude awakening come 201...

    CORELOGIC
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    https://RE.report/news-article.aspx?ID=48484848

    PRIME PROPERTY MARKET IN EDINBURGH IT ONE OF THE TOP PERFORMERS IN EUROPE

    Dec 27, 2018

    Prices in Edinburgh’s prime property market increased year on year by 10.6% in 2018, the highest level of annual growth for more than a decade, the latest analysis shows. Properties valued above £2 million recorded the strongest price growth in the fourth quarter, with values up 3.5% bet...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=48384838

    ISLINGTON IS TOP FOR PRICE AND RENTAL GROWTH IN LONDON

    Dec 27, 2018

    Islington, Richmond upon Thames and Haringey are among the boroughs with the highest house price and rental growth in London over 2018, new research shows. Economic forecasts indicate Hackney and Newham's look set for future GDP and jobs growth, which will help their property markets going forwa...

    CBRE
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    https://RE.report/news-article.aspx?ID=48394839

    HOUSE PRICE GROWTH IN 2018 IS HIGHEST IN SCOTLAND, NEW STUDY SHOWS

    Dec 27, 2018

    Four of the top 10 house price losers are Greater London authorities while Scotland and Wales are amongst the winners, according to new research. Middlesbrough was the hit hardest with houses losing 6% of £8,920 in value since 2017 and Ashford and Livingston have seen the biggest rise with hou...

    HALIFAX
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    https://RE.report/news-article.aspx?ID=48404840

    MORE LONDONERS BOUGHT PROPERTY OUTSIDE THE CAPITAL IN 2018 THAN IN 2017, STUDY SHOWS

    Dec 27, 2018

    In 2018 people in London bought £30 billion worth of property outside the capital city, the highest level in a decade, according to a new piece of research. This represents a 7.8% rise on 2017’s figure when London based buyers bought £28 billion worth of homes, the study from Hampt...

    HAMPTONS INTERNATIONAL
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    https://RE.report/news-article.aspx?ID=48414841

    PRIME PROPERTY PRICE GROWTH IN EDINBURGH AT ITS HIGHEST LEVEL IN A DECADE

    Dec 26, 2018

    Prime property price growth in the Scottish capital of Edinburgh hit its highest level in more than a decade in the past year, propelled by strong activity in the million-pound-plus market, according to a fourth-quarter report Wednesday from Knight Frank. Annual prime price growth in Edinburgh was 1...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=48424842

    HOUSE HUNTING? THERE'S A NEIGHBORHOOD IN SUMNER COUNTY TO FIT YOUR LIFESTYLE

    Dec 26, 2018

    Real estate may be all about location, location, location, as the saying goes, but in Sumner County it’s also about lifestyle. Sumner County has emerged as a popular destination for home buyers looking for a home that fits the way they live. Their choices include living in an active-adult comm...

    FREEHOLD COMMUNITIES
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    https://RE.report/news-article.aspx?ID=48284828

    HYUNDAI INVESTMENTS COMMITS $250 MN TO US REAL ESTATE DEBT FUND

    Dec 26, 2018

    Hyundai Investments Co. Ltd. has committed $250 million to a real estate debt fund of a joint venture between Related Cos, a US real estate developer and HPS Investment Partners LLC to invest in first lien mortgages, the South Korean asset manager said on Dec. 26. Through Real Estate Credit Solution...

    HYUNDAI INVESTMENTS CO. LTD
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    https://RE.report/news-article.aspx?ID=48314831

    AMID ALREADY HOT HOUSING MARKET, FOREIGN INVESTMENT IN HAWAII PROPERTIES SOARS

    Dec 25, 2018

    Decades after the collapse of the Japanese investment bubble, foreign investment in Hawaii is making a big comeback. A Hawaii News Now analysis of real estate records shows that foreign investors purchased about $1 billion in residential properties in both 2016 and 2017. And for the first nine month...

    COLLATERAL ANALYTICS
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    https://RE.report/news-article.aspx?ID=48324832

    LOCAL REAL ESTATE BROKERAGE HITS $1 BILLION IN HOME SALES

    Dec 24, 2018

    A local real estate agency has sold more than $1 billion in total home sales this year. Ron Sweeney, the managing partner with Coldwell Banker Heritage, said his real estate brokerage hit a new record. In 2012, the agency had about $575 million in sales, and this year anticipates ending the year wit...

    COLDWELL BANKER HERITAGE
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    https://RE.report/news-article.aspx?ID=48294829

    ANALYSTS: AMAZON WINNERS, FINALISTS TO BENEFIT WITH SOLID REAL-ESTATE GROWTH

    Dec 24, 2018

    A handful of metro areas that spent the past year competing for Amazon’s second headquarters – including the Washington region, one of the winners – are expected to see their home-value growth outpace the nation in the coming year, according to the 2018 Q4 Zillow Home Price Expecta...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=48304830

    TEXAS REAL ESTATE COMPANY LASSOS 13 COLORADO SPRINGS OFFICE BUILDINGS IN $125 MILLION ACQUISITION

    Dec 24, 2018

    Now, a Fort Worth-based company that owns the storied Brown Palace hotel in Denver has made one of the biggest office purchases in Colorado Springs’ history. Crescent Real Estate last month acquired 13 office buildings in the Springs, which El Paso County land records show were purchased for $...

    QUANTUM COMMERCIAL GROUP
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    https://RE.report/news-article.aspx?ID=48254825

    DUBLIN BOOM SPARKS HOUSING CRISIS, LONG-TERM RENTAL WOES FOR RESIDENTS

    Dec 24, 2018

    SHARING a studio flat in Dublin with two other people, Greek security guard Aris complains about the housing crisis that forces him to live in cramped conditions. "It's quite rough," said Mr Aris, who splits the 850 euros (S$1,329) a month rent for the 30-square-meter flat. With scant ...

    SHARING
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    https://RE.report/news-article.aspx?ID=48174817

    M&G REAL ESTATE BUYS INTO SYDNEY, BRISBANE INDUSTRIAL PORTFOLIO

    Dec 22, 2018

    The transaction is a partnership with Australian real estate group Dexus. M&G Real Estate will become a 50 percent joint venture partner once the deal is complete.

    M&G REAL ESTATE
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    https://RE.report/news-article.aspx?ID=48184818

    ANNUAL RENTAL GROWTH IN THE UK IS HIGHEST IN EDINBURGH AT 4.63%

    Dec 21, 2018

    Edinburgh has been identified as having the UK’s fastest annual rental growth with the average rent rising by 4.63% in 2018 to £1,073, new research shows. The Scottish city narrowly beats Nottingham into second place, where rents have increased by 4.62% to £688 over the past 12 mon...

    LANDBAY
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    https://RE.report/news-article.aspx?ID=48204820

    DEMAND FOR APARTMENT RENTALS SURGES UNEXPECTEDLY AS HOME SALES SLUMP

    Dec 21, 2018

    Surging demand and strong occupancy in the nation's apartment market is "surprising" experts who say the continued strength is "unexpected." Just a year ago, as dozens of cranes swarmed over major U.S. cities, there was concern that the rental apartment market was overheated ...

    U.S. CENSUS. APARTMENT CONSTRUCTION
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    https://RE.report/news-article.aspx?ID=48214821

    NKF CLOSES $76M SALE OF LUXURY MD PROPERTY

    Dec 21, 2018

    Newmark Knight Frank has closed the $75.6 million sale of The James, a 236-unit Class A multifamily community in Annapolis, Md. Representing the seller a joint venture involving JLB Partners and Crow Holdings were Executive Managing Director Al Cissell and Senior managing Director Ryan Ogden. The bu...

    NEWMARK KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=48224822

    HOUSING INVENTORY FALLS AS 2018 ENDS

    Dec 20, 2018

    In the last three months of 2018, housing inventory retreated 4.6% from the previous year, according to new data from Trulia’s Inventory and Price Watch Report. Although this is the ninth consecutive quarter of declining inventory, Trulia notes that the nation’s most expensive markets ar...

    TRULIA
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    https://RE.report/news-article.aspx?ID=48104810

    RENTERS PAID MORE FOR HOUSING IN 2018 THAN THEY EVER HAVE BEFORE

    Dec 20, 2018

    Thanks to higher rents throughout much of the year, U.S. renters paid out more in rent than they ever have before, with a total rent payout equal to the gross domestic product of Belgium. According to a new report from HotPads, U.S. renters paid a record $504.4 billion in rent in 2018, topping 2017&...

    HOTPADS
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    https://RE.report/news-article.aspx?ID=48114811

    LOS ANGELES CLAMPS DOWN ON AIRBNB WITH NEW SHORT-TERM RENTAL RULES

    Dec 18, 2018

    The ongoing fight between the nation’s largest cities and the largest short-term rental platform now has a new battleground. Airbnb has already gone to war with New York City and Boston after each city issued new laws addressing the rise of short-term rentals in each location. And now, Los Ang...

    AIRBNB
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    https://RE.report/news-article.aspx?ID=48074807

    EXPERT: HERE IS THE HOUSING INDUSTRY’S BIGGEST TECH NEED

    Dec 18, 2018

    The housing industry is missing key technology that could make the process more smooth and understandable a missing part that one expert explained would not be accepted in any other industry. Nominations for HousingWire’s Tech100 Award opened at the beginning of this month and now the early-bi...

    SPARKTANK
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    https://RE.report/news-article.aspx?ID=48084808

    HUD CONTINUES TO REPORT INCREASES IN HOMELESSNESS

    Dec 17, 2018

    Like last year, the U.S. Department of Housing and Urban Development reported yet another annual increase in homelessness. Homelessness increased by 0.3% from 2017 to 2018, according to HUD’s 2018 Annual Homeless Assessment Report to Congress. On a single night in 2018, about 552,830 people ex...

    U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
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    https://RE.report/news-article.aspx?ID=48094809

    PROPERTY MILLIONAIRES ON THE RISE IN IRELAND IN 2018

    Dec 17, 2018

    According to Daft.ie's 2018 Wealth Report, the number of homeowners in Ireland whose property is worth €1m or more making them "property millionaires" has surpassed 5,000. The total number of property millionaires now stands at 5,305, a change of 452 or 9% since June of this year....

    DAFT.IE
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    https://RE.report/news-article.aspx?ID=47884788

    HOMEBUILDER CONFIDENCE HITS 3-YEAR LOW

    Dec 17, 2018

    Persistent affordability concerns contributed to homebuilder confidence retreating four points to 56 in December, according to the National Association of Home Builders/Wells Fargo Housing Market Index. December's reading is the lowest HMI score since May 2015, marking a three-year low. Despite ...

    NATIONAL ASSOCIATION OF HOME BUILDERS
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    https://RE.report/news-article.aspx?ID=47994799

    EQUIFAX LAUNCHES SOFT CREDIT CHECKS FOR MULTIFAMILY INDUSTRY

    Dec 17, 2018

    Credit reporting agency Equifax announced Monday it will allow landlords to check prospective tenants' credit without it affecting their credit score. The company created a soft credit check designed for the multifamily industry, saying this will help those who might already have a thin credit f...

    EQUIFAX
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    https://RE.report/news-article.aspx?ID=48004800

    REPORT: GROWING HOUSING INVENTORY CONTRIBUTES TO HOME SALES INCREASE

    Dec 17, 2018

    In November, growing housing inventory contributed to annual home sales increasing for the second consecutive month, according to the latest RE/MAX National Housing Report. However, sales declined on a month-over-month basis for the fourth consecutive month. Despite this, RE/MAX notes that sales are...

    RE/MAX NATIONAL HOUSING
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    https://RE.report/news-article.aspx?ID=48014801

    AVERAGE ASKING PRICES IN THE SOUTH EAST AND EAST OF ENGLAND ON A DOWNWARD TREND

    Dec 14, 2018

    Asking prices in the UK have fallen in the South East and East of England as both regions follow Greater London on a downward slide, the latest index shows. While asking prices in London have now been on a downward slide for 31 months, values have bow fallen 6.3% over that period and are down 2.5% c...

    HOMECO INTERNET PROPERTY LTD
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    https://RE.report/news-article.aspx?ID=47914791

    GLOBAL HOME PRICE GROWTH SLOWS TO 2-YEAR LOW PACE IN Q3

    Dec 14, 2018

    According to International property consultant Knight Frank, the average value of residential property across 57 countries and territories worldwide increased by 4.9% in the year to September 2018, the index's lowest annual rate of growth for two years. Knight Frank further reports that Hong Kon...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=47974797

    FANNIE MAE: HOME SALES TO STABILIZE IN 2019

    Dec 14, 2018

    Although economic growth is expected to slow in the new year, new data suggests the housing market will stabilize come 2019, according to Fannie Mae. According to the company’s Economic and Strategic Group, full-year GDP growth is predicted to slow to 2.3% in 2019, which is down from 2018&rsqu...

    FANNIE MAE
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    https://RE.report/news-article.aspx?ID=47984798

    REDFIN: HOUSING INVENTORY ACCELERATES TO 3-YEAR HIGH

    Dec 13, 2018

    In November, housing inventory climbed 5%, marking its fastest growth in the last three years, according to new data from Redfin. Last month, U.S. home sale prices rose 3.3% year-over-year, coming in at a median of $298,800. In fact, November was the third consecutive month of annual home price gain...

    REDFIN
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    https://RE.report/news-article.aspx?ID=47894789

    ZILLOW TO BEGIN BUYING HOUSES IN CALIFORNIA, NORTH CAROLINA

    Dec 13, 2018

    The online real estate giant recently got into the mortgage business with its acquisition of Mortgage Lenders of America. Zillow has also been growing its direct buyer business, Zillow Offers, wherein the company is buying houses directly from sellers, making whatever improvements are necessary, the...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=47904790

    MORTGAGE APPLICATIONS UPTICK IN EARLY DECEMBER

    Dec 12, 2018

    According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending December 7, 2018, mortgage applications rose 1.6 percent from one week earlier.
    The Market Composite Index, a measure of mortgage loan application volume, increased 1.6 percent on a sea...

    MORTGAGE BANKERS ASSOCIATION
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    https://RE.report/news-article.aspx?ID=47874787

    AFFORDABLE HOUSING ADVOCATES HOPE TO USE THE DEMOCRATIC MAJORITY IN THE HOUSE TO PRESS FOR MORE FUNDING

    Dec 11, 2018

    U.S. Congressman Hakeem Jeffries has good news for the affordable housing business—and anyone worried about the shortage of affordable housing nationwide. When Democrats take control of the U.S. House of Representatives on Jan. 3, “the federal government will be back in the business of a...

    DEPT. OF HOUSING AND URBAN DEVELOPMENT
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    https://RE.report/news-article.aspx?ID=47794779

    AFFORDABLE HOUSING: WHAT’S AHEAD IN 2019

    Dec 11, 2018

    High construction and land costs, zoning rules, a tight labor market, poor management and regulatory hurdles these are just a few obstacles behind the country’s severe housing affordability problem. For example, a recent joint research study by the National Association of Home Builders and the...

    NATIONAL ASSOCIATION OF HOME BUILDERS
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    https://RE.report/news-article.aspx?ID=47804780

    DISNEY BREAKS GROUND ON $630M STUDENT HOUSING PROJECT

    Dec 11, 2018

    American Campus Communities (ACC) has broken ground on a $630 million residential community for participants of the Disney College Program, now known as Disney Internships & Programs, in Orlando, Fla. In June, ACC and Walt Disney World Resort announced their partnership, which is structured as a...

    AMERICAN CAMPUS COMMUNITIES
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    https://RE.report/news-article.aspx?ID=47814781

    HOUSE PRICE GROWTH IN THE UK AT ITS LOWEST RATE FOR SIX YEARS

    Dec 10, 2018

    House prices in the UK fell by 1.4% in November and at an average of £224,578 are just 0.3% above where they were a year ago, the latest lender index shows. The data from the Halifax also shows that on a quarterly basis house prices fell by 1.1% with the market now seeing its lowest rate of gr...

    HALIFAX
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    https://RE.report/news-article.aspx?ID=47664766

    BUYING CAN BE MORE COST EFFECTIVE IN LONDON WHERE SUPPLY IS HIGHER THAN DEMAND

    Dec 10, 2018

    Although growth in the property market in London has slowed, prices remain high, but it is possible to get good value by making the right choices, according to a new analysis. Buyers should look for locations where there is more supply than demand and they could be pleasantly surprised by the prices...

    SARA RANSOM
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    https://RE.report/news-article.aspx?ID=47674767

    FREDDIE MAC: HOUSING MARKET IS SHORT 2.5 MILLION UNITS

    Dec 10, 2018

    The housing market needs an additional 2.5 million units just to match what is needed for long-term demand, according to a new analysis from Freddie Mac. As it turns out, housing inventory is far behind what is needed for the housing market, driving up rent and home prices, which will continue to ou...

    FREDDIE MAC
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    https://RE.report/news-article.aspx?ID=47684768

    TCI, SOUTHERN PROPERTIES CAPITAL, MACQUARIE PARTNERING TO BUILD SIGNIFICANT MULTIFAMILY PORTFOLIO

    Dec 10, 2018

    There’s about to be a new big player in the multifamily market in the Southwestern part of the U.S. Southern Properties Capital, a subsidiary of real estate investment companyTranscontinental Realty Investors that operates primarily in Texas and specializes in Class A multifamily, is forming a...

    MACQUARIE GROUP
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    https://RE.report/news-article.aspx?ID=47694769

    HFO INVESTMENT REAL ESTATE BROKERS PORTLAND COMMUNITIES

    Dec 10, 2018

    HFO Investment Real Estate has brokered the sale of two communities totaling 369 units in Portland, for a combined $91.3 million. After acquiring Carillon Apartment Homes in Woodland Hills, Calif., for $93 million earlier this year, MG Properties Group paid $60.5 million for Westview Heights, a 197-...

    HFO INVESTMENT
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    https://RE.report/news-article.aspx?ID=47704770

    NOVEMBER STATS SHOW SLOWING NEW HAMPSHIRE REAL ESTATE MARKET

    Dec 10, 2018

    The New Hampshire real estate market is slowing, thanks to tighter inventory, rising prices and interest rates. Single-family home sales in November fell by a little more than 1 percent compared to November 2017 same month last year, while the median price went up by more than 7 percent, to $287,000...

    BEDFORD REALTOR
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    https://RE.report/news-article.aspx?ID=47774777

    YUKON REAL ESTATE PRICES, SALES HIT RECORD HIGHS

    Dec 10, 2018

    Yukon's real estate market is showing no signs of cooling, despite a drop-off in home sales in many other parts of the country. The territory saw record-high sales reported in the third quarter of 2018. "We know that the Yukon economy is doing well, and there's more demand for housing,&...

    YUKON REAL ESTATE ASSOCIATION
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    https://RE.report/news-article.aspx?ID=47784778

    OVER A THIRD OF BRITISH PEOPLE ARE NOT HAPPY WITH THEIR HOME AFTER MOVING IN

    Dec 07, 2018

    More than a third of British people are not happy overall with their homes, with a quarter feeling negative as soon as they move in, new research has found. And it takes up to two years for homeowners to believe that they are satisfied with their home, with more than a quarter even wondering if they...

    TERRY’S FABRICS
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    https://RE.report/news-article.aspx?ID=47564756

    ZILLOW: THESE MARKETS WILL OUTPERFORM THE REST IN 2019

    Dec 07, 2018

    Amazon is the gift that keeps giving, especially for the metros that competed to host its HQ2. In fact, Zillow’s latest Home Price Expectations Survey indicates that the housing markets of Amazon’s HQ2 finalists are expected to see their home-value growth outpace the rest of the nation i...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=47574757

    MASSHOUSING PROVIDES $24M LOAN FOR BOSTON-AREA ASSET

    Dec 07, 2018

    Princeton Properties and Parse Capital received $23.6 million in affordable housing financing for Mill and 3 Apartments, a 108-unit, mixed-income community in Chelmsford, Mass. MassHousing provided the loan for the recently built property. Located at 276 Mill Road, the three-building property is rig...

    PRINCETON PROPERTIES
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    https://RE.report/news-article.aspx?ID=47594759

    THE INTERNET HAS GREATLY IMPROVED BUYING, SELLING HOMES

    Dec 07, 2018

    The real estate industry has seen significant changes throughout the years, but the internet has been the most impactful development. The growth of the internet has allowed buyers to become more informed, real estate agents to market homes digitally and homeowners to sell their homes more quickly. I...

    TALLAHASSEE
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    https://RE.report/news-article.aspx?ID=47604760

    HOME PRICE APPRECIATION IS SLOWING DOWN

    Dec 06, 2018

    The average homeowner gained $12,400 in equity in one year’s time, according to CoreLogic’s Home Equity Report for the third quarter of 2018. And while that’s exactly nothing, it’s the smallest annual increase in two years. Last quarter’s report revealed an increase of ...

    JESSICA GUERINJESSICA GUERINJESSICA GUERIN
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    https://RE.report/news-article.aspx?ID=47584758

    ANNUAL PROPERTY PRICE GROWTH SLOWED IN KEY GLOBAL LOCATIONS IN THE THIRD QUARTER OF 2018

    Dec 06, 2018

    The average prices of residential property across key countries across the work increased by 4.9% in the 12 months to September 2018, with the Asia Pacific the strongest region, the latest global index shows. But it was the lowest annual rate of growth for Knight Frank’s global house price ind...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=47464746

    LACK OF SUPPLY AND INCREASING DEMAND COULD SEE RENTS RISE IN LONDON IN 2019

    Dec 06, 2018

    There was a noticeable increase in tenant demand in the London lettings market in 2018, outstripping supply for much of the year, setting the scene for rent rises next year, according to the latest annual overview. Supply was hit by a growing number of landlords selling their properties, often to ow...

    CHESTERTONS
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    https://RE.report/news-article.aspx?ID=47474747

    MAJORITY OF FIRST TIME BUYERS IN ENGLAND HAVE BENEFITTED FROM STAMP DUTY CUT

    Dec 06, 2018

    Three-quarters of first-time buyers in England have benefited from the changes to stamp duty thresholds for first home purchases introduced a year ago, according to new research. An analysis of first-time buyers activity since the change was introduced by the Chancellor of the Exchequer in November ...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=47484748

    STREETS WITH THE CHEAPEST HOMES IN THE UK ARE IN SUNDERLAND AND LIVERPOOL

    Dec 06, 2018

    Sunderland and Liverpool have the cheapest streets to buy a home while Westminster has the most expensive, according to new research. There are homes in the cheapest area priced at just £15,000 yet in London properties are selling for tens of millions of pounds and over 30,000% more than the U...

    MONEYSUPERMARKET
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    https://RE.report/news-article.aspx?ID=47494749

    SIGNET REAL ESTATE SELLS NC STUDENT HOUSING COMMUNITY

    Dec 06, 2018

    Signet Real Estate Group has sold Deacon Place, a student housing community in Winston-Salem, N.C. The property serves those attending Wake Forest University. FourPoint Student Housing Investments represented the seller in the transaction.  Located at 2410 Whicker Acres Lane, the property offer...

    SIGNET REAL ESTATE GROUP
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    https://RE.report/news-article.aspx?ID=47504750

    LACK OF SUPPLY IS DRIVING UP PROPERTY PRICES IN PORTUGAL

    Dec 05, 2018

    An imbalance between demand and supply is continuing to drive strong price growth in Portugal’s residential property market, the latest housing market survey suggests. A similar picture is depicted in the lettings market, where rents continue to rise firmly on the back of solid tenant demand a...

    ROYAL INSTITUTION OF CHARTERED SURVEYORS
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    https://RE.report/news-article.aspx?ID=47374737

    RENTS OF HOMES NEAR LONDON’S ELIZABETH LINE UP SUBSTANTIALLY SINCE CONSTRUCTION BEGAN

    Dec 05, 2018

    Average rents along the Elizabeth Line in London have increased at more than double the rate of the London average over the last six year, a new study has found. Rents to the east of the line have seen the strongest growth while Southall to the west of the line has seen the greatest increase since J...

    LANDBAY
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    https://RE.report/news-article.aspx?ID=47384738

    RESEARCH REVEALS HOME OWNERSHIP GAP BETWEEN THOSE WITH PROPERTY OWNING PARENTS

    Dec 05, 2018

    Young people whose parents own a property in Britain are now almost three times as likely to be homeowners by the age of 30, compared to those whose parents who are not owners, new research has found. From the middle of the 1990s to the early 2000s, homeownership rates for 30-year-olds with parental...

    RESOLUTION FOUNDATION
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    https://RE.report/news-article.aspx?ID=47394739

    VALUE-ADD MULTIFAMILY PROPERTIES OUTSIDE LOS ANGELES DOWNTOWN ATTRACT INVESTORS

    Dec 04, 2018

    The apartment business has split the city of Los Angles into two very different parts. “It’s a tale of two cities,” says Steve Basham, a senior market analyst in the San Diego office of research firm the CoStar Group. In Downtown Los Angeles, apartment developers are opening thousa...

    COSTAR GROUP
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    https://RE.report/news-article.aspx?ID=47404740

    RENTERS WAREHOUSE BUYING OWNAMERICA TO EXPAND SINGLE-FAMILY RENTAL BUSINESS

    Dec 04, 2018

    Renters Warehouse, a property management company that specializes in managing single-family rentals, is set to grow its SFR business, as the company announced Tuesday that it is acquiring OwnAmerica, one of the country’s largest investment marketplaces for single-family rentals. Through the ac...

    OWNAMERICA
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    https://RE.report/news-article.aspx?ID=47294729

    PROPERTY PRICE GROWTH IN REGIONAL AUSTRALIA VARIES ACROSS STATES, LATEST DATA SHOWS

    Dec 04, 2018

    Property prices in regional Australia, outside of the state capitals, have increased the most in the Geelong region but sales are slower, according to the latest analysis report. House prices in Geelong increased by 16.6% in the 12 months to August 2018 while unit prices were up 11.9%, the data from...

    CORELOGIS
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    https://RE.report/news-article.aspx?ID=47304730

    2018 REVIEW FROM AGENTS SHOWS FEWER FIRST TIME BUYERS AND LANDLORDS

    Dec 04, 2018

    There were fewer sales to first time buyers and more landlords left the private rented sector in the UK, according to the 2018 review from estate and lettings agents. Over the course of 2018, demand was lower than last year with members of the National Association of Estate Agents (NAEA) reporting a...

    NATIONAL ASSOCIATION OF ESTATE AGENTS
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    https://RE.report/news-article.aspx?ID=47314731

    TENANCIES NEED TO CHANGE TO SUIT TENANTS AND LANDLORDS, SAYS NEW STUDY

    Dec 04, 2018

    Almost one in nine tenants in the private rented sector have had to move home due to a change in the ownership of the property, new research has found. This is despite almost 70% of renters not being bothered about who their landlord is with 78% saying they just want to remain in their home even if ...

    VESTA PROPERTY
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    https://RE.report/news-article.aspx?ID=47324732

    AIRBNB IS GETTING INTO THE HOMEBUILDING BUSINESS

    Nov 30, 2018

    There’s about to be a new home builder on the market, and it’s a name that you’re likely familiar with – Airbnb. Yes, the short-term rental platform, which to this point has specialized in helping people rent out their houses or apartments, is going to start building homes of...

    AIRBNB
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    https://RE.report/news-article.aspx?ID=47214721

    AFFORDABILITY DIVIDES AMERICA'S CITIES

    Nov 30, 2018

    In November, while home sales in large U.S. metros cooled off, smaller affordable markets continued to heat up, according to the latest realtor.com Housing Report. Realtor.com notes that although U.S. housing inventory climbed 4% in November, the increase was more rapid in large expensive metros whe...

    REALTOR.COM
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    https://RE.report/news-article.aspx?ID=47224722

    WITH FORECLOSURES DWINDLING, INVESTORS TURN TO DIRECT BUYERS FOR NEW SINGLE-FAMILY RENTALS

    Nov 30, 2018

    In the wake of the housing crisis, institutional investors became some of the biggest buyers of foreclosed homes, buying the properties on the cheap and turning them into single-family rentals. Now, with foreclosure inventory shrinking, investors are turning to a new outlet to buy homes to turn into...

    ATTOM DATA SOLUTIONS
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    https://RE.report/news-article.aspx?ID=47234723

    HOUSING AFFORDABILITY COULD WORSEN IN THE US IN 2019 AS INTEREST RATES RISE

    Nov 30, 2018

    The housing market in the United States is slowing as 2018 comes to an end, but buyers looking for a more affordable home in 2019 might be disappointed, according to the latest real estate analysis. Next year mortgage rates are likely to continue to rise, putting a pinch on affordability, particular...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=47244724

    SELLING RATES IN HONG KONG'S NEW RESIDENTIAL PROJECTS SHARPLY DECLINES IN OCTOBER

    Nov 30, 2018

    According to JLL's Residential Sales Market Monitor released this week, the first-day sell-through rates for newly launched mass residential projects (where over 80 units were launched in the first batch of sales) dropped significantly in October 2018. Figures from JLL research showed that the f...

    JLL
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    https://RE.report/news-article.aspx?ID=47274727

    TRULIA: HERE’S WHAT WILL HAPPEN IN HOUSING IN 2019

    Nov 29, 2018

    It’s the trillion-dollar question that everyone’s looking for an answer for. What’s housing going to do next year? Earlier this week, we took a look at Zillow’s 2019 forecast, which stated that mortgage interest rates are going to keep rising next year, which will drive an in...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=47134713

    REDFIN: LUXURY HOME MARKET TAKES A BREATHER

    Nov 29, 2018

    In the third quarter of 2018, luxury home prices increased 3.2% year over year to an average of $1.7 million, according to the latest data from Redfin. Furthermore, the number of homes for sale priced at or above $2 million fell 6% year over year compared with one year prior. Redfin Chief Economist ...

    REDFIN
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    https://RE.report/news-article.aspx?ID=47144714

    HOUSING GROUPS HIT OUT AT DISCRIMINATORY ADVERTS FOR HOMES TO LET IN ENGLAND

    Nov 29, 2018

    At least one in 10 rental properties in England are likely to be advertised unlawfully by explicitly discriminating against people who rely on housing benefit, new research has found. The analysis of around 86,000 letting agent adverts on Zoopla by the National Housing Federation and Shelter shows t...

    NATIONAL HOUSING FEDERATION AND SHELTER
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    https://RE.report/news-article.aspx?ID=47154715

    MAYOR OFF TARGET ON AFFORDABLE HOUSING FOR LONDON, NEW REPORT CLAIMS

    Nov 29, 2018

    London needs 66,000 new homes each year but nowhere near enough are being built, particularly when it comes to affordable properties, a new report claims. In recent year nothing like the needed capacity has ever been delivered with just 41,371 new homes added to London’s housing stock in 2016/...

    LONDON ASSEMBLY HOUSING COMMITTEE
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    https://RE.report/news-article.aspx?ID=47164716

    INVESTCORP GROWS MULTIFAMILY PORTFOLIO BY NEARLY 30% WITH SERIES OF ACQUISITIONS

    Nov 28, 2018

    Investcorp, an alternative asset manager, is growing its multifamily real estate portfolio with a series of acquisitions that increase its total multifamily holdings to more than 13,000 units. Investcorp announced Wednesday that it recently acquired six multifamily properties, with a total of 2,876,...

    INVESTCORP
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    https://RE.report/news-article.aspx?ID=47054705

    ZILLOW 2019 FORECAST: RISING MORTGAGE RATES WILL DRIVE RESURGENCE IN RENTS

    Nov 28, 2018

    Newly released data from the Mortgage Bankers Association shows that 30-year mortgage rates are now firmly above 5%, and according to real estate giant Zillow, things are likely to stay that way in 2019. According to Zillow, the 30-year mortgage will only continue to rise throughout 2019. Zillow is ...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=47064706

    APARTMENTS ARE GETTING SMALLER BUT COSTING MORE. WHAT GIVES?

    Nov 28, 2018

    Depending on which report you to believe, rents are either slightly falling or just hit another all-time high. Regardless of whether rent is still going up nationwide, one thing is certain: Rents have gone up significantly over the last 10 years. According to data from the U.S. Census Bureau, median...

    RENTCAFÉ
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    https://RE.report/news-article.aspx?ID=47074707

    NEW HOME SALES RETREAT, SIGNALING TROUBLE AHEAD

    Nov 28, 2018

    New home sales retreated in October, according to the latest report from the Census Bureau and the Department of Housing and Urban Development.  Sales of new single-family houses decreased 8.9% to 544,000 in October, down from September’s revised rate of 597,000 and 12% below sales made i...

    DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
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    https://RE.report/news-article.aspx?ID=47084708

    UK PROPERTY MARKET SET TO REVIVE NEXT YEAR AFTER BREXIT

    Nov 27, 2018

    While Brexit may have subdued the UK housing market, but it has also created pent-up demand which is set to boost activity next year, it is suggested. Any degree of political or economic uncertainty means that buyers tend to sit on their hands, according to the latest report from land agents Aston M...

    RIGHTMOVE
    READ MORE

    https://RE.report/news-article.aspx?ID=46984698

    PROPERTY MARKET SLOWING ACROSS BRITAIN, LATEST MONTHLY REPORT SUGGESTS

    Nov 27, 2018

    It is well recorded that the property market has been slowing in London, but the latest analysis report suggests that the market in England and Wales is not faring much better than the capital. There was nominal price growth of just 0.1% in the month of October and growth of 2.7% on an annual basis,...

    LCP
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    https://RE.report/news-article.aspx?ID=46994699

    GROSS MORTGAGE FIGURES FOR THE UK IN OCTOBER SHOW LENDING HAS SOFTENED

    Nov 27, 2018

    Gross mortgage lending across the residential property market in the UK increased by 5.6% year on year in October to £25.5 billion, according to the latest industry figures to be published. However, the number of mortgages approved by the main high street banks in October was 4.1% lower than l...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=47004700

    PROVIDENCE MANAGEMENT CO. BUYS TAMPA PROPERTY

    Nov 26, 2018

    Providence Management Co. has purchased Century Falls Apartments, a Class A, 273-unit property in Tampa. Centennial Holding Co. sold the property for $52.8 million which equates to $193,223 per unit, according to Yardi Matrix data. The sale was subject to a $33.7 million Fannie Mae loan. The propert...

    PROVIDENCE MANAGEMENT CO
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    https://RE.report/news-article.aspx?ID=46884688

    ELECTRA AMERICA ENTERS NASHVILLE MARKET

    Nov 26, 2018

    Electra America has purchased the 336-unit Lyric on Bell, a Class B community near Nashville, Tenn., from a joint venture between Goff Capital Partners and Crescent Real Estate, according to Yardi Matrix data. The buyer financed the acquisition with a 10-year, $28.3 million Freddie Mac loan originat...

    ELECTRA AMERICA
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    https://RE.report/news-article.aspx?ID=46894689

    TRIBRIDGE, STOCKBRIDGE SELL NASHVILLE-AREA COMMUNITY

    Nov 26, 2018

    A joint venture between TriBridge Residential and Stockbridge Capital Group has sold The Estates at Brentwood, a 254-unit Class A community in suburban Nashville, Tenn., for $57.5 million. According to Yardi Matrix data, the buyer was Olen Properties.

    TRIBRIDGE RESIDENTIAL
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    https://RE.report/news-article.aspx?ID=46904690

    POLL FINDS CONSIDERABLE SUPPORT ON THE UK FOR THE RE-INTRODUCTION OF 100% MORTGAGES

    Nov 26, 2018

    Almost half the population in the UK, some 48% think re-introducing 100% mortgages is a good idea, a nationwide poll has found. The research from YouGov, which polled the views of 9,713 British adults, asked whether mortgages that don’t require a deposit because banks lend borrowers the entire...

    YOUGOV
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    https://RE.report/news-article.aspx?ID=46914691

    NEW JERSEY INVESTS $28 MILLION TO INCREASE AFFORDABLE HOUSING STATEWIDE

    Nov 26, 2018

    The state of New Jersey is investing $28 million through a series of Low Income Housing Tax Credits that will help build 1,400 affordable apartments for families, seniors and special needs residents across the state. The LIHTC investments will come from the New Jersey Housing and Mortgage Finance Ag...

    NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY
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    https://RE.report/news-article.aspx?ID=46964696

    UK PROPERTY MARKET SET TO REVIVE NEXT YEAR AFTER BREXIT

    Nov 26, 2018

    While Brexit may have subdued the UK housing market, but it has also created pent-up demand which is set to boost activity next year, it is suggested. Any degree of political or economic uncertainty means that buyers tend to sit on their hands, according to the latest report from land agents Aston M...

    RIGHTMOVE
    READ MORE

    https://RE.report/news-article.aspx?ID=46974697

    APPRAISERS ACCUSE FEDERAL REGULATORS OF RECREATING HOUSING CRISIS CONDITIONS

    Nov 21, 2018

    As one might expect, appraisers are none too pleased about the Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency, and the Board of Governors of the Federal Reserve proposing to eliminate the appraisal requirement on certain home sales of $400,000 and below. Earlier this ...

    FDIC
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    https://RE.report/news-article.aspx?ID=46694669

    JLL: PHOENIX CRE GAINING IN FINANCIAL SERVICES SOPHISTICATION

    Nov 21, 2018

    New and increasingly sophisticated office users are transforming Phoenix’s financial services landscape from a once predominantly call center market into a diverse operational hub, according to the recently released JLL Financial Services Operations Center Report. Compared to even a few years ...

    JLL
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    https://RE.report/news-article.aspx?ID=46734673

    HOLLENBACH-OAKLEY TO DEVELOP 600-ACRE OFFICE CAMPUS NEAR LOUISVILLE

    Nov 21, 2018

    Commercial real estate developer Hollenbach-Oakley LLC has unveiled plans for a 600-acre office campus at the River Ridge Commerce Center in Jeffersonville, located just across the Ohio River from Louisville, Ky. The project will be completed in two phases, the first 300 acres being developed as the...

    HOLLENBACH-OAKLEY LLC
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    https://RE.report/news-article.aspx?ID=46744674

    JAE PROPERTY GROUP BUYS INDY COMMUNITY

    Nov 21, 2018

    JAE Property Group has acquired White River Village, an 89-unit Class C garden-style community near Indianapolis, from Barratt Asset Management, according to Yardi Matrix. The seller picked up the property in early 2016 from a private investor for $1.8 million. Berkadia’s Chris Bruzas and Alex...

    JAE PROPERTY GROUP
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    https://RE.report/news-article.aspx?ID=46754675

    CONVEXITY PROPERTIES TO DEVELOP 590,000 SF MIXED-USE PROJECT IN DALLAS’ HIGHLAND PARK

    Nov 20, 2018

    Convexity Properties, a subsidiary of Chicago-based trading firm DRW, will develop The Crossing, an eight-acre mixed-use project in Dallas. The Crossing will be located near the Mockingbird Station mixed-use development in the Highland Park area. The project will feature 90,000 square feet of street...

    CONVEXITY PROPERTIES
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    https://RE.report/news-article.aspx?ID=46804680

    CABOT PROPERTIES PURCHASES LAND SITE NEAR INDIANAPOLIS FOR DEVELOPMENT OF 440,000 SF INDUSTRIAL BUILDING

    Nov 20, 2018

    Cabot Properties has purchased a 27.9-acre land site in Mount Comfort near Indianapolis with plans to develop a 440,000-square-foot industrial building. Known as Velocity 70 Trade Center Building 4, the building will be developed on a speculative basis and feature a clear height of 36 feet, LED ligh...

    CABOT PROPERTIES
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    https://RE.report/news-article.aspx?ID=46814681

    NORTHEASTERN JOINS FORCES WITH SUFFOLK CONSTRUCTION TO BUILD THE FUTURE OF DATA

    Nov 20, 2018

    New methods of data collection and analysis have the potential to revolutionize the way that businesses are organized and run. Northeastern’s D’Amore-McKim School of Business is forming a partnership with Suffolk Construction, a national contracting company, to make sure they are driving...

    SUFFOLK CONSTRUCTION
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    https://RE.report/news-article.aspx?ID=46824682

    REAL ESTATE CROWDFUNDING PROS RESPOND TO REALTYSHARES’ TROUBLES

    Nov 20, 2018

    The crumbling of commercial real estate crowdfunding platform RealtySharesundoubtedly rattled some of its investors. But executives with RealtyShares competitors say this setback doesn’t represent an industry earthquake and shouldn’t shake investors’ confidence in the sector. Realt...

    REALTYSHARES
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    https://RE.report/news-article.aspx?ID=46834683

    SKYLINE AI INKS DEAL WITH DWS GROUP TO CONTINUE PUSH TO BRING AI TO REAL ESTATE INVESTING

    Nov 20, 2018

    Back in August, Skyline AI, a real estate investment technology company that uses artificial intelligence for real estate investing, raised $18 million from various venture capital sources, including JLL’s tech startup investment fund, JLL Spark. And now, Skyline is making another move to cont...

    JLL
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    https://RE.report/news-article.aspx?ID=46644664

    EXPERTS: HOUSING STARTS SIGNAL TROUBLE AHEAD

    Nov 20, 2018

    In October, growth in housing starts was propelled by development in the multifamily sector, but some experts are warning that there could be trouble ahead for the housing market. According to the U.S. Census Bureau and the Department of Housing and Urban Development’s report, housing starts i...

    DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
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    https://RE.report/news-article.aspx?ID=46654665

    MULTIFAMILY PROJECTS PROPEL HOUSING STARTS

    Nov 20, 2018

    Housing starts increased 1.5% in October, propelled by the multifamily sector, according to the latest report from the U.S. Census Bureau and the Department of Housing and Urban Development. TIAA Bank Chief Consumer and Commercial Banking Executive John Pataky said: “This report is a stalemate...

    DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
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    https://RE.report/news-article.aspx?ID=46664666

    U.S. HOUSING STARTS RISE AS APARTMENT GROUNDBREAKING GAINS

    Nov 20, 2018

    U.S. new-home construction picked up in October on a rebound in apartments and other multifamily housing, offering some hope that the market is stabilizing despite rising prices and borrowing costs.  Residential starts increased 1.5 percent to an annualized rate of 1.23 million from the prior m...

    BLOOMBERG
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    https://RE.report/news-article.aspx?ID=46674667

    HOMEBUILDER CONFIDENCE FALLS AS AFFORDABILITY CONCERNS GROW

    Nov 19, 2018

    Affordability concerns contributed to homebuilder confidence falling eight points to 60 in November, according to the National Association of Home Builders/Wells Fargo Housing Market Index. “Builders report that they continue to see signs of consumer demand for new homes but that customers are...

    NATIONAL ASSOCIATION OF HOME BUILDERSQ
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    https://RE.report/news-article.aspx?ID=46574657

    BUYING A HOME EARLIER IN LIFE CAN SERIOUSLY BOOST YOUR FINANCIAL PICTURE IN RETIREMENT

    Nov 19, 2018

    Burdened by student debt and less inclined to marry young, Millennials are putting offhomeownership, waiting longer to buy a home than generations past. A study by independent think tank the Urban Institute dove into the data, revealing the notable financial impact delaying homeownership can have on...

    URBAN INSTITUTE
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    https://RE.report/news-article.aspx?ID=46584658

    REDFIN EXPANDS HOME SELLING OPTIONS IN SEATTLE, WILL CLEAN AND STAGE HOME, TOO

    Nov 19, 2018

    Last year, Redfin rolled out a new service called “Redfin Concierge,” where the online brokerage will “deep clean” and stage a home on a homeowner’s behalf to aid in the sale of the property, all for a 2% listing fee. The program originally launched in Los Angeles and W...

    REDFIN
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    https://RE.report/news-article.aspx?ID=46594659

    REPORT: HOME SALES, INVENTORY LOCKED IN STANDSTILL

    Nov 19, 2018

    In October, a decrease in annual home sales contributed to the first year-over-year inventory increase in a decade, according to the latest RE/MAX National Housing Report. RE/MAX reports that sales declined 4.6% from the same time a year ago, marking the eighth month of 2018 to record sales lower th...

    RE/MAX
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    https://RE.report/news-article.aspx?ID=46604660

    MEMORIAL OFFICE BUILDING HITS MARKET

    Nov 16, 2018

    Philadelphia-based Equus Capital Partners has invested more than $4.3 million in renovations at 10497 Town & Country Way. Philadelphia-based Equus Capital Partners is putting a nine-story office building in the affluent Memorial area up for sale. JLL has been hired to market the 149,309-square-f...

    JLL
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    https://RE.report/news-article.aspx?ID=46514651

    PROPERTY SALES FELL BY 1.6% MONTH ON MONTH IN CANADA IN OCTOBER, LATEST NATIONAL INDEX SHOWS

    Nov 16, 2018

    National home sales in Canada fell by 1.6% between September and October 2018 and by 3.7% year on year while prices fell by 1.5% to $496,800 on an annual basis, the latest index shows. Transactions declined in more than half of all local markets, led by Hamilton-Burlington, Montreal and Edmonton. Al...

    CANADIAN REAL ESTATE ASSOCIATION
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    https://RE.report/news-article.aspx?ID=46524652

    COLUMBIA PACIFIC SECURES $118M FOR SENIOR HOUSING PORTFOLIO

    Nov 16, 2018

    An investment vehicle managed by Columbia Pacific Advisors has secured a $118.3 million adjustable-rate loan to acquire a fee interest in a four-property senior housing portfolio in California, Massachusetts and North Carolina. Capital One provided the Fannie Mae loan. The portfolio has a total of 5...

    CAPITAL ONE
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    https://RE.report/news-article.aspx?ID=46534653

    JOINT VENTURE ACQUIRES 558-UNIT AFFORDABLE SENIORS COMMUNITY IN BROOKLYN FOR $150M

    Nov 15, 2018

    Jonathan Rose Cos., The NHP Foundation and Nuveen have acquired Shore Hill Housing, a two-building, 558-unit affordable seniors housing property in Brooklyn, for approximately $150 million. The seller was NYU Langone, a hospital system with many buildings located adjacent to the site. The property c...

    JONATHAN ROSE COS
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    https://RE.report/news-article.aspx?ID=46454645

    BRENNAN GROUP, CORCORAN JENNISON DELIVER TRANSIT-ORIENTED DEVELOPMENT TO MALDEN CENTER

    Nov 15, 2018

    An official ribbon-cutting ceremony was held this week to celebrate the official opening of Residences at Malden Station 138, a transit-oriented, mixed-use development just steps from the Malden Center T Orange Line stop. Comprised of 69 market-rate apartments and 6,500 square feet of retail space, ...

    BOSTON REAL ESTATE TIMES
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    https://RE.report/news-article.aspx?ID=46464646

    MCR, BLT SECURE $647.5M REFINANCING FOR 53-PROPERTY HOTEL PORTFOLIO

    Nov 15, 2018

    A joint venture between hotel owner-operator MCR and real estate developer and manager Building and Land Technology has secured a $647.5M refinancing for a 53-property hotel portfolio spanning 15 states and 31 markets. The 5,958-room portfolio includes 33 Marriot-branded properties and 20 Hilton-bra...

    BANK OF AMERICA
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    https://RE.report/news-article.aspx?ID=46474647

    VACASA WANTS TO HELP LANDLORDS TURN EMPTY APARTMENTS INTO SHORT-TERM RENTALS

    Nov 14, 2018

    Vacasa, which bills itself as the “largest vacation rental company” in North America and recently raised $64 million, now has its sights set on the multifamily industry. Vacasa announced Wednesday that it is expanding into the multifamily business by launching Vacasa Multifamily, a new i...

    VACASA
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    https://RE.report/news-article.aspx?ID=46404640

    NEW JERSEY INDUSTRIAL MARKET ENJOYING RECORD SETTING YEAR

    Nov 13, 2018

    According to Transwestern's Third-Quarter 2018 Industrial Market Report, on a remarkable demonstration of strength and momentum, New Jersey's industrial sector set new records last quarter in absorption, vacancy rates and asking rents. Industrial real estate in the Garden State absorbed 17.1...

    TRANSWESTERN
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    https://RE.report/news-article.aspx?ID=46374637

    48,390 HOMES AT HIGH RISK FROM WILDFIRE DESTRUCTION IN CALIFORNIA

    Nov 13, 2018

    According to real estate data company CoreLogic, approximately 48,390 California homes with a total reconstruction cost value (RCV) of approximately $18 billion are at high or extreme risk of wildfire damage from the Camp and Woolsey fires in Northern and Southern California. CoreLogic's data ta...

    CORELOGIC
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    https://RE.report/news-article.aspx?ID=46384638

    AMAZON ANNOUNCES HQ2 LOCATIONS IN NEW YORK AND VIRGINIA

    Nov 12, 2018

    Amazon announced Tuesday the locations for its second headquarters, naming Long Island City, New York, and Arlington, Virginia, as the winners of its year-long search. Amazon’s HQ2 is expected to bring 50,000 jobs with an average salary of $100,000 over the next 15 years, plus more than $5 bil...

    AMAZON
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    https://RE.report/news-article.aspx?ID=46314631

    AMERICANS ARE UNPREPARED FOR HOME REPAIR COSTS

    Nov 12, 2018

    As affordability concerns continue to haunt homeowners across the country, many are choosing to remain in their homes, prompting a surge in the home renovation market. In fact, data from Buildfax states that within the past five years, home remodeling has increased by about 30%. Furthermore, data fr...

    BUILDFAX
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    https://RE.report/news-article.aspx?ID=46324632

    MORE AMERICANS ARE USING REAL ESTATE AGENTS THAN EVER BEFORE

    Nov 12, 2018

    More Americans are using real estate agents to buy and sell their home than ever before, even among the younger generations. A new Harris Insights housing consumer study, which was underwritten by the California Association of Realtors, The CE Shop and REAL Trends, shows a full 90% of consumers use ...

    CALIFORNIA ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=46334633

    REAL ESTATE CROWDFUNDING STARTUP REALTYSHARES HITS HARD TIMES, HALTS NEW INVESTMENTS

    Nov 09, 2018

    Everything was going swimmingly for RealtyShares just over a year ago. The real estate crowdfunding startup had just purchased one of its biggest rivals, Acquire Real Estate, and had plans to grow its investment in commercial and multifamily real estate, as well as “fix and flip” and con...

    REALTYSHARES
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    https://RE.report/news-article.aspx?ID=46264626

    HOMEOWNERSHIP INVESTMENT COMPANY UNISON EXPANDS REACH

    Nov 09, 2018

    Unison Home Ownership Investors aims to give homeowners and buyers access to cash for the opportunity to share in their home appreciation. In business for more than a decade, the company has been a pioneer in the homeownership investment category. Now, it’s growing into new markets. Unison rec...

    UNISON HOME OWNERSHIP INVESTORS
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    https://RE.report/news-article.aspx?ID=46234623

    HOMEOWNERSHIP INVESTMENT COMPANY UNISON EXPANDS REACH

    Nov 08, 2018

    Unison Home Ownership Investors aims to give homeowners and buyers access to cash for the opportunity to share in their home appreciation. In business for more than a decade, the company has been a pioneer in the homeownership investment category. Now, it’s growing into new markets. Unison rec...

    UNISON HOME OWNERSHIP INVESTORS
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    https://RE.report/news-article.aspx?ID=46244624

    AMERICANS’ CONFIDENCE IN HOUSING HITS LOW POINT FOR THE YEAR

    Nov 08, 2018

    Americans are growing less confident in the housing market, reaching a low point for the year as they say now is not a good time to buy a home. Fannie Mae’s latest Home Purchase Sentiment Index decreased in October, falling two points to 85.7 and continuing its recent downward trend. Consumer ...

    FANNIE MAE
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    https://RE.report/news-article.aspx?ID=46254625

    CONSTRUCTION PAY RISES AT FASTEST RATE IN NEARLY A DECADE AS CONTRACTORS STRUGGLE TO RECRUIT WORKERS

    Nov 06, 2018

    Construction employment increased by 30,000 jobs in October and by 330,000 jobs over the past year, topping 7.3 million for the first time since April 2008, while the industry’s average pay jumped and unemployment decreased to a historic low, according to an analysis of new government data by ...

    ASSOCIATED GENERAL CONTRACTORS OF AMERICA
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    https://RE.report/news-article.aspx?ID=46174617

    ZILLOW TO BEGIN BUYING, SELLING HOMES IN HOUSTON

    Nov 05, 2018

    Zillow announced Monday that it plans to begin buying and selling homes in Houston, Texas. This expansion of its Zillow Offers program marks the fourth market where this option is now available. The program launched in Phoenix in April and is also available in Las Vegas, Atlanta, and Denver. Zillow ...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=46154615

    FORMER OWNER OF FORECLOSURE RESCUE BUSINESS GETS 14 YEARS FOR STEALING BORROWERS' HOMES, EQUITY

    Nov 05, 2018

    The former owner of a California foreclosure rescue business will spend the next 14 years in prison after admitting in court that he used the business to steal struggling borrowers’ homes during the housing crisis. Earlier this year, Sergio Barrientos pleaded guilty to conspiracy to commit wir...

    FORMER
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    https://RE.report/news-article.aspx?ID=46164616

    ARE LANDLORDS TO BLAME FOR NEW YORK’S RISING RETAIL VACANCIES?

    Nov 01, 2018

    The storefront vacancy in Manhattan and across New York City is at unprecedented high levels. Years of increasing rents for retail space, growing competition from e-commerce players, changing consumer shopping patterns and retailers’ bankruptcies have left some of the country’s priciest ...

    NEW YORK CITY COUNCIL
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    https://RE.report/news-article.aspx?ID=46094609

    AMAZON, TRI POINTE GROUP TEAM UP TO BUILD SMART HOMES

    Nov 01, 2018

    TRI Pointe Group, a family of homebuilders, announced it recently partnered with Amazon to begin constructing its new smart homes. The homebuilder includes six operating brands across eight states: Maracay in Arizona, Pardee Homes in California and Nevada, Quadrant Homes in Washington, Trendmaker Ho...

    TRI POINTE GROUP
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    https://RE.report/news-article.aspx?ID=46104610

    NORTHMARQ MULTIFAMILY SELLS URBAN 188 APARTMENTS FOR $17M

    Oct 31, 2018

    The 188-unit Urban 188 apartments, located at 1601 West Camelback Road in Phoenix, Arizona, sold this month for $17 million. The NorthMarq Multifamily team of Bill Hahn, Trevor Koskovich, and Jesse Hudson represented both the seller and the buyer in this transaction. Urban 1601 Property LLC, of Phoe...

    URBAN
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    https://RE.report/news-article.aspx?ID=46014601

    METLIFE INVESTMENT MANAGEMENT PROVIDES $156.2M REFINANCING FOR MIXED-USE COMPLEX IN VIRGINIA

    Oct 31, 2018

    MetLife Investment Management has provided a $156.2 million loan for the refinancing of Modera Avenir Place, a grocery-anchored mixed-use development in Vienna. The development was completed in two phases in 2013 and 2015 and includes 628 residential units and is anchored by a ground-floor Harris Te...

    METLIFE INVESTMEN
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    https://RE.report/news-article.aspx?ID=46034603

    AFFORDABLE MIAMI LAKES PROPERTY LANDS $24M REFI

    Oct 31, 2018

    Country Club Villas II, the second phase of a 430-unit affordable housing property in Miami Lakes, Fla., has received a $24 million HUD-insured loan. Greystone worked on behalf of the owner of the 18-building asset, Centennial Management. The deal comes just a few months after the real estate lendin...

    GREYSTONE
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    https://RE.report/news-article.aspx?ID=46044604

    APARTMENT CONSTRUCTION BEGINS TO SLOW DOWN

    Oct 30, 2018

    Apartment developers took out fewer building permits in September, stymied by rising interest rates and construction costs. Apartment building developers may finally take a breather in their rush to build new units. “Starts will begin to slow down soon, translating into more moderate developme...

    CBRE RESEARCH
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    https://RE.report/news-article.aspx?ID=45974597

    MILLENNIALS DRIVE HOMEOWNERSHIP RATE INCREASE IN Q3

    Oct 30, 2018

    The homeownership rate increased slightly in the third quarter, driven primarily by a jump in first-time homebuyers. The homeownership rate increased to 64.4% in the third quarter of 2018, according to the latest report from the U.S. Census Bureau. This is up slightly from 64.3% in the second quarte...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=45984598

    STUBBLEBINE SELLS 11.9 ACRES IN THE CAMBRIDGE QUAD FOR $79 MILLION TO CABOT CABOT & FORBES

    Oct 29, 2018

    The Stubblebine Company/CORFAC International announced the sale of 11.9 acres situated in the Cambridge Quad, a transitioning life science and residential campus located in Cambridge, MA, to Cabot Cabot & Forbes. Comprised of three (3) properties, 127 Smith Place, 13 Mooney Street, and 45-67 Moo...

    CORFAC INTERNATIONAL
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    https://RE.report/news-article.aspx?ID=45944594

    HOUSING OPTIONS DISAPPEAR FOR LOW-INCOME RENTER

    Oct 26, 2018

    Low income renters are struggling with housing needs as they fight against competition for the shrinking number of affordable units, according to a new analysis from Harvard University’s Joint Center for Housing Studies. The study compares changes in the number of renters in five income levels...

    HARVARD UNIVERSITY
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    https://RE.report/news-article.aspx?ID=45884588

    AVERAGE AMERICAN PUTTING LESS MONEY DOWN WHEN BUYING A HOME

    Oct 26, 2018

    The average down payment on a U.S. home fell in the third quarter, according to the latest data collected from digital loan sourcing site LendingTree. Each quarter, LendingTree compares average down payment percentages and conventional 30-year, fixed-rate purchase mortgage offer amounts across the c...

    LENDINGTREE
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    https://RE.report/news-article.aspx?ID=45894589

    HOMEOWNERS ARE STAYING PUT LONGER THAN EVER BEFORE

    Oct 26, 2018

    Homeowners are staying in place longer than ever before, despite the growing amount of equity in their homes. A new report from First American a provider of title insurance, settlement services and risk solutions for real estate transactions reveals that the median tenure for homeownership has jumpe...

    FIRST AMERICAN
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    https://RE.report/news-article.aspx?ID=45904590

    AS HIGH STREET RETAIL DEALS WITH AN UPTICK IN VACANCIES AND RENT DECLINES, INVESTORS ZERO IN ON CLASS-A ASSETS WITH LONG-TERM LEASES

    Oct 25, 2018

    Even though a lot of retail is flailing, much of U.S. high street retail is still drawing both shoppers and investors, boasting extremely high rents and catching the attention of new retailers and brands. New York City’s famous Fifth Avenue, Chicago’s North Michigan Avenue and Beverly Hi...

    ARMANI AND TIFFANY & CO
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    https://RE.report/news-article.aspx?ID=45934593

    FHFA: HOME PRICES INCREASE 0.3% IN AUGUST

    Oct 24, 2018

    Home prices rose in August, inching forward 0.3% from July according to the latest monthly House Price Index from the Federal Housing Finance Agency. The FHFA monthly HPI is calculated using home sales price information from mortgages sold to or guaranteed by, Fannie Mae and Freddie Mac. Because of ...

    FEDERAL HOUSING FINANCE AGENCY
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    https://RE.report/news-article.aspx?ID=45824582

    NEW HOME SALES FALL, HIGHLIGHTING SOUTHEASTERN STORMS' IMPACT

    Oct 24, 2018

    New home sales declined in September, according to the latest report from the Census Bureau and the Department of Housing and Urban Development. Sales of new single-family houses decreased 5.5% to 553,000 in September, down from August’s revised rate of 585,000 and 13.2% below sales made in Se...

    DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
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    https://RE.report/news-article.aspx?ID=45834583

    CRESSET CAPITAL MANAGEMENT AND DIVERSIFIED REAL ESTATE CAPITAL LAUNCH OPPORTUNITY ZONE FUND

    Oct 24, 2018

    Cresset Capital Management and Diversified Real Estate Capital have partnered to launch an investment fund for Opportunity Zones. “With more than 8,700 Opportunity Zones across all 50 states, Washington D.C., and Puerto Rico, the opportunity to invest in the path of progress was compelling to ...

    CRESSET CAPITAL
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    https://RE.report/news-article.aspx?ID=45844584

    STANDARD COMMUNITIES NABS AFFORDABLE RI ASSET

    Oct 23, 2018

    Standard Communities has purchased Curtis Arms Apartments, a 106-unit affordable housing community in the Olneyville neighborhood of Providence, R.I. According to Yardi Matrix data, private owner Thomas Deconcilis, a local investor, is the seller of the property. Located at 80 Curtis St., Curtis Arm...

    YARDI MATRIX
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    https://RE.report/news-article.aspx?ID=45774577

    D.R. HORTON INVESTS IN TECH-FOCUSED BUILDER THAT CAN 3D PRINT A HOUSE IN 24 HOURS

    Oct 23, 2018

    Construction tech company ICON and its Y-Combinator-backed nonprofit partner New Story, claim to have put up the first 3D-printed home in the U.S. in Austin. This feat and ICON’s 3D printing technology are turning heads, helping the company raise $9 million in its seed funding round. “It...

    ICON
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    https://RE.report/news-article.aspx?ID=45784578

    BOSTON-AREA COMMUNITY PRESERVES AFFORDABILITY FOR NEXT 40 YEARS

    Oct 23, 2018

    The Massachusetts Department of Housing and Community Development (DHCD) and MassHousing have represented the Asian Community Development Corp. (ACDC) in purchasing Martensen Village in Quincy, Mass. The 12-unit affordable housing asset had a Section 13A mortgage due to mature in March 2019. ACDC ac...

    MASSACHUSETTS DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
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    https://RE.report/news-article.aspx?ID=45794579

    ZILLOW IS NOW BUYING AND SELLING HOMES IN DENVER

    Oct 22, 2018

    Zillow flipped the real estate industry on its head when it announced plans to join the home selling business, launching “Zillow Instant Offers,” an industry gamechanger. Today, the company announced in addition to serving the Phoenix, Las Vegas and Atlanta markets, the platform will now...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=45714571

    REALTORS: HOUSING MARKET WILL IMPROVE OVER NEXT 6 MONTHS

    Oct 22, 2018

    Interest rates and low inventory caused home sales to fall in September, but Realtors expect housing conditions to improve over the next six months. The Buyer Traffic Index decreased to 51 in September, down from 61 in September 2017, according to the National Association of Realtors Confidence Inde...

    NATIONAL ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=45724572

    LUXURY COMMUNITY OPENS DOORS IN SALT LAKE CITY

    Oct 22, 2018

    Wright Development Group has completed construction of Block 44, a 213-unit luxury community in Salt Lake City. The developer broke ground on the property in late 2016 and funded the project with a $30.8 million construction loan held by Washington Federal, according to Yardi Matrix. Located at 380 ...

    YARDI MATRIX
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    https://RE.report/news-article.aspx?ID=45734573

    CO-LIVING STARTUP STARCITY TO BUILD TWO GROUND-UP PROJECTS IN THE BAY AREA

    Oct 19, 2018

    Co-living startup Starcity announced that it is building two ground-up co-living developments in the Bay Area: one in San Francisco and one in San Jose. Together, the projects will bring 1070 units to the Bay Area. "Both projects will bring to fruition a concept we've been working on since ...

    HOUSINGWIRE
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    https://RE.report/news-article.aspx?ID=45674567

    NAR: EXISTING HOME SALES FALL TO 3-YEAR LOW

    Oct 19, 2018

    After experiencing a flat August, existing home sales retreated in September, falling to the lowest level in nearly three years. Total existing home sales completed transactions that include single-family homes, townhomes, condominiums, and co-ops, decreased 3.4% from August to a seasonally adjusted...

    NATIONAL ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=45684568

    IPA SELLS CT MULTIFAMILY PROPERTY

    Oct 17, 2018

    Institutional Property Advisors (IPA), a division of Marcus & Millichap, has sold The Ledges Apartment Homes, a 399-unit multifamily community in Groton, Conn. IPA Northeast Team Senior Managing Director & Lead Advisor Victor Nolletti, assisted by First Vice President Eric Pentore and Senior...

    IPA
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    https://RE.report/news-article.aspx?ID=45614561

    LUXURY BROOKLYN COMMUNITY LAUNCHES LEASING

    Oct 17, 2018

    An amenity-rich 186-unit luxury building at 409 Eastern Parkway in Crown Heights, Brooklyn, has begun leasing several months after early marketing efforts revealed pent-up demand for the new property. Developed by Adam America Real Estate and designed by Isaac & Stern Associates with interiors b...

    ADAM AMERICA REAL ESTATE
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    https://RE.report/news-article.aspx?ID=45624562

    VEROS: WASHINGTON, NEVADA WILL SEE MOST HOME VALUE APPRECIATION NEXT YEAR

    Oct 16, 2018

    Valuations provider Veros predicts seven of the 10 top-appreciating markets in the next 12 months will be in Washington and Nevada. The company’s latest VeroFORECAST, which covers the 12-month period ending Sept. 1, 2018, predicts that on average, the top 100 most populated metro areas will se...

    VEROS
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    https://RE.report/news-article.aspx?ID=45564556

    HOMEBUILDER CONFIDENCE INCREASES SLIGHTLY IN OCTOBER

    Oct 16, 2018

    Declining material costs and a strong economy contributed to homebuilder confidence climbing one point to 68 in October, according to the National Association of Home Builders/Wells Fargo Housing Market Index. “Builders are motivated by solid housing demand, fueled by a growing economy and a g...

    NATIONAL ASSOCIATION OF HOME BUILDERS
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    https://RE.report/news-article.aspx?ID=45574557

    HAYDEN PROPERTIES SELLS TX PORTFOLIO

    Oct 15, 2018

    RSN Property Group has acquired a two-asset, 388-unit multifamily portfolio from Hayden Properties in San Antonio. The buyer funded the purchase with a $30.7 million mortgage held by C-III Capital Partners, according to Yardi Matrix. Hayden picked up the Class B communities from Henry S. Miller Real...

    RSN PROPERTY GROUP
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    https://RE.report/news-article.aspx?ID=45504550

    DETROIT-AREA COMMUNITY LANDS $87M REFI

    Oct 15, 2018

    Beztak Properties has secured an $87 million loan from PGIM Real Estate Finance on Aldingbrooke, a 667-unit garden-style community in the Detroit area. The new mortgage retires a prior, $70 million CMBS loan originated in 2011, according to Yardi Matrix.

    BEZTAK PROPERTIES
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    https://RE.report/news-article.aspx?ID=45514551

    REIT INVESTORS PUT MORE FOCUS ON ENVIRONMENTAL, SOCIAL AND GOVERNANCE ISSUES, ACCORDING TO NEW REPORTS

    Oct 12, 2018

    For what seems like an eternity, “location, location, location” has been a mantra for REIT executives and other commercial real estate professionals. Now, three more words are entering their lexicon with greater frequency environmental, social and governance. Due to a combination of driv...

    PWC
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    https://RE.report/news-article.aspx?ID=45454545

    PARK CENTRAL OWNERS BUY ADDITIONAL 21 ACRES FOR $28M

    Oct 12, 2018

    The ownership group that is redeveloping the Park Central Mall property has purchased an additional 21 acres of property and an additional 193,000-square-foot building, consolidating ownership of Park Central for the first time in decades. And, as part of the purchase, Tucson’s Holualoa Compan...

    PARK CENTRAL
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    https://RE.report/news-article.aspx?ID=45464546

    LMC BEGINS LEASING AT LUXURY PROPERTY IN SEATTLE

    Oct 12, 2018

    After launching leasing at Marisol earlier this week, LMC has begun leasing at Valdok, a luxury apartment community in Seattle’s neighborhood of Ballard. The first phase of the seven-story development has been completed and offers 178 units. Construction of phase two, which will include an add...

    LMC
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    https://RE.report/news-article.aspx?ID=45474547

    CORTLAND ACQUIRES 531-UNIT MULTIFAMILY COMMUNITY AT THE BATTERY ATLANTA FOR $156M

    Oct 11, 2018

    Cortland has acquired Home at The Battery Atlanta, a 531-unit multifamily community, from a joint venture between Braves Development Co. (BDC) and Pollack Shores for $156 million. Walker & Dunlop brokered the transaction. The three-building property to be renamed Cortland at the Battery Atlanta ...

    BRAVES DEVELOPMENT CO
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    https://RE.report/news-article.aspx?ID=45384538

    BANKERS ARE WORRIED ABOUT SKY-HIGH COMMERCIAL REAL ESTATE PRICES

    Oct 11, 2018

    Janet Yellen recorded the warning a day before stepping down as Federal Reserve chair in February: Commercial real estate prices look strikingly high. Her successor, Jerome Powell, flagged it again a month later. Analysts at Goldman Sachs Group Inc. tried in May to put a number on it: Properties may...

    WELLS FARGO
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    https://RE.report/news-article.aspx?ID=45394539

    CADRE INTRODUCES FIRST ONLINE SECONDARY MARKET FOR REAL ESTATE

    Oct 11, 2018

    Cadre, a technology-enabled real estate investment platform, today announced two significant new offerings to make investing in commercial real estate easier, more flexible, and more accessible: Cadre Secondary Market and Cadre Managed Portfolio. Cadre Secondary Market is the first online platform t...

    GOLDMAN SACHS
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    https://RE.report/news-article.aspx?ID=45414541

    SUBURBS BECOMING MORE UNAFFORDABLE FOR BUYERS AND RENTERS IN THE US

    Oct 10, 2018

    Housing affordability across the United States is especially tough in the nation’s urban areas, but in the country’s largest metros it’s often the suburbs that are the least affordable, a new analysis has found. Finding a home within their budget is the top concern for both renters...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=45334533

    GELLER ASSOCIATES BUYS $23M CHARLOTTE APARTMENTS

    Oct 10, 2018

    Geller Associates has acquired the Fields at Archdale, a garden-style apartment community in Charlotte, N.C., for $22.6 million. The firm purchased the property from Elite Street Capital. Hunt Real Estate Capital provided an $18.3 million Fannie Mae DUS loan to finance the acquisition. The 12-year l...

    GELLER ASSOCIATES
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    https://RE.report/news-article.aspx?ID=45344534

    FRANK LLOYD WRIGHT'S LARGEST NEW JERSEY HOUSE CUTS ITS PRICE TO $1.45M

    Oct 10, 2018

    As the oldest of the four New Jersey homes designed by Frank Lloyd Wright, it seems strange that this one, the James Christie House, is having trouble finding a buyer. It first entered the market a few years ago for $2.2 million, according to property records, and after a few price cuts have just co...

    FRANK LLOYD
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    https://RE.report/news-article.aspx?ID=45354535

    RENT-TO-OWN INNOVATOR DIVVY RAISES $30 MILLION TO FUND GROWTH

    Oct 09, 2018

    Divvy Homes, a real estate startup aiming to revolutionize rent-to-own and fractional ownership, just raised $30 million to help the company continue growing. Divvy officially launched earlier this year with $7 million in funding. But now, the company has $30 million more at its disposal. The compan...

    DIVVY HOMES
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    https://RE.report/news-article.aspx?ID=45274527

    TEXAS REAL ESTATE COMMISSION, APPRAISER BOARD ACCUSED OF IGNORING CUSTOMER SERVICE “CRISIS”

    Oct 09, 2018

    The agencies that license real estate agents and appraisers in the state of Texas are ignoring a customer service “crisis” while hoarding money that could be used to address a laundry list of problems, a Texas government watchdog recently said. The Texas Sunset Commission, a state govern...

    TEXAS REAL ESTATE COMMISSION
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    https://RE.report/news-article.aspx?ID=45284528

    MERIDIAN ARRANGES $258M FOR NJ MULTIFAMILY DEVELOPMENTS

    Oct 09, 2018

    Meridian Capital Group has arranged $258 million in acquisition and construction financing for three multifamily rental communities in Bayonne, Linden and Raritan, N.J., on behalf of owner Accurate Builders & Developers. The package, provided by Madison Realty Capital, was negotiated by Meridian...

    MERIDIAN CAPITAL GROUP
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    https://RE.report/news-article.aspx?ID=45294529

    FORECLOSED HOMES IN U.S. APPRECIATE FASTER THAN TYPICAL HOMES

    Oct 08, 2018

    According to a new report by Zillow, the value of U.S. homes that were foreclosed on during the Great Recession is appreciating rapidly, up 10.3 percent over the past year, while the typical U.S. home is appreciating 6.5 percent annually. Throughout the recovery, foreclosed homes have gained 74.5 pe...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=45194519

    D MAGAZINE: DALLAS NEEDS TO STEP UP ITS AFFORDABLE HOUSING GAME

    Oct 08, 2018

    One of the nation’s multifamily production leaders desperately needs to step up its affordable housing production. According to a recent study from RentCafé, Dallas-Fort Worth delivered exclusively luxury multifamily units in the first half of 2018, and according to a report from D Maga...

    RENTCAFÉ
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    https://RE.report/news-article.aspx?ID=45214521

    A WINDOW OF OPPORTUNITY: OZS ARE RIPE FOR REAL ESTATE INVESTING

    Oct 08, 2018

    For the first time in history, a vacant parcel of land on the Lower East Side of Manhattan has a common economic thread with low-income areas in Idaho. They are among the nearly 9,000 census tracts that have been designated Opportunity Zones by the federal government and are ripe for real estate inv...

    FORBES
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    https://RE.report/news-article.aspx?ID=45224522

    DMG INVESTMENTS OPENS LUXURY NJ CONDOS

    Oct 08, 2018

    DMG Investments has opened One Park, a luxury condominium building in Cliffside Park, N.J. Located at 320 Adolphus Ave., the 14-story community comprises 204 units and 25,000 square feet of indoor and outdoor amenities. One Park was designed by Architecture and its interior spaces were curated by VL...

    DMG
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    https://RE.report/news-article.aspx?ID=45234523

    FCP SELLS MULTIFAMILY ASSETS TO RELIANT GROUP FOR $71M

    Oct 05, 2018

    The Reliant Group has acquired a trio of multifamily properties in the Washington, D.C., area from FCP for $71 million. The three communities have a total of 564 units between them. All three assets Bannister, with 208 units, Palmer, with 152 units and Wakefield Terrace with 204 units are centrally ...

    RELIANT GROUP
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    https://RE.report/news-article.aspx?ID=45174517

    SENATE DEMOCRATS CALL FOR FEDERAL INVESTIGATION INTO MONEY LAUNDERING IN LUXURY REAL ESTATE

    Oct 04, 2018

    The Treasury Department’s Financial Crimes Enforcement Network has been looking into whether foreign buyers are using shell companies to buy luxury U.S. real estate in order to launder money for almost three years, but two Democratic senators want the government to do more to figure out how mu...

    TREASURY DEPARTMENT’S FINANCIAL CRIMES ENFORCEMENT NETWORK
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    https://RE.report/news-article.aspx?ID=45164516

    HIGHRIDGE COSTA COS., COASTAL RIM PROPERTIES BREAK GROUND ON $130M MIXED-USE SENIORS HOUSING PROJECT IN HAWAII

    Oct 03, 2018

    Gardena, Calif.-based Highridge Costa Cos., in partnership with Honolulu-based Coastal Rim Properties, has broken ground on Kulana Hale, a mixed-use and affordable seniors housing project in Kapolei, near Honolulu. Designed by SVA Architects, Hawaiian Dredging Construction Co. is building the proper...

    GARDENA
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    https://RE.report/news-article.aspx?ID=45114511

    SOLDNEST FOUNDER CLAIMS REDFIN ESTIMATES OVERCHARGE HOMEBUYERS BIG TIME

    Oct 02, 2018

    Most searches for homes and mortgages now start online. Further, the ease and comfort of digital searches are supposed to create a competitive landscape that ultimately favors the borrower’s experience and pocketbook. But, according to this Quora blog by Joseph Alongi, founder at SoldNest, Red...

    SOLDNEST
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    https://RE.report/news-article.aspx?ID=45084508

    FORMER BASSIST FOR THE ATARIS ADMITS TO MASTERMINDING MULTI-MILLION-DOLLAR REAL ESTATE SCAM

    Oct 01, 2018

    The former bass player in The Ataris, a rock band that gained notoriety with a 2003 cover of Don Henley’s “The Boys of Summer,” admitted in court late last week that he spearheaded a massive real estate scam that defrauded more than 100,000 people nationwide out of more than $25 mi...

    U.S. ATTORNEY’S OFFICE
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    https://RE.report/news-article.aspx?ID=45044504

    LGBT RENTERS CITE DISCRIMINATION, AFFORDABILITY AND CONFUSION AS OBSTACLES TO HOMEOWNERSHIP

    Oct 01, 2018

    Freddie Mac found a disturbing trend in homeownership rates: Members of the LGBT community are less likely to own a home, are more mobile, fear discrimination when buying a home, a prioritize living in LGBT-safe neighborhoods. The survey, conducted by LGBTQ research firm Community Marketing and Insi...

    FREDDIE MAC
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    https://RE.report/news-article.aspx?ID=45054505

    U.S. FORECLOSURE ACTIVITY DOWN 7 PERCENT FROM ONE YEAR AGO

    Sep 28, 2018

    According to ATTOM Data Solutions latest Foreclosure Activity Report, there were 70,166 U.S. properties with foreclosure filings in August 2018, up 9 percent from July but still down 7 percent from a year ago. Nationally one in every 1,910 U.S. properties had a foreclosure filing in August 2018.

    ATTOM
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    https://RE.report/news-article.aspx?ID=45004500

    REDFIN: NUMBER OF HOMES SELLING ABOVE LIST PRICE DROPS

    Sep 28, 2018

    In the four weeks ending on September 23, homes that sold above asking price dipped below 2016 levels, according to the latest data from Redfin. According to the company, 22.9% of homes sold for more than asking price, declining from 25.5% of homes at the same time last year. Notably, the share of h...

    REDFIN
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    https://RE.report/news-article.aspx?ID=45014501

    FHFA: HOME PRICES INCREASE 0.2% IN JULY

    Sep 25, 2018

    Home prices increased in July, inching forward 0.2% from June, according to the latest monthly House Price Index from the Federal Housing Finance Agency. The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac. Becaus...

    FEDERAL HOUSING FINANCE AGENCY
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    https://RE.report/news-article.aspx?ID=44964496

    LONDON MORTGAGE MARKET AIDING MIDDLE EAST COMMERCIAL PROPERTY INVESTORS

    Sep 25, 2018

    According to the International real estate consultant Savills' 30th annual Financing Property report, the UK property lending market is largely stable as a result of pressure on interest cover ratios (ICRs) and debt yields. Despite the Bank of England's decision to raise interest rates, from...

    SAVILLS
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    https://RE.report/news-article.aspx?ID=44974497

    FHFA DEBUTS NEW HOUSING AFFORDABILITY METRIC

    Sep 24, 2018

    The Federal Housing Finance Agency just debuted a new housing affordability metric that aims to build upon the data already provided by other similar metrics, and what the FHFA found on the metric’s maiden voyage isn’t pretty. In the working paper detailing the new measure, the FHFA lays...

    FEDERAL HOUSING FINANCE AGENCY
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    https://RE.report/news-article.aspx?ID=44884488

    MLG CAPITAL PARTNERS RAISES $100 MILLION TO GROW MULTIFAMILY, COMMERCIAL REAL ESTATE PORTFOLIO

    Sep 24, 2018

    MLG Capital Partners, a commercial real estate investment firm, raised $100 million for its MLG Private Fund III and is closing the door on that fund on the 30th of this month. According to its release, October 1 will mark the opening of MLG Private Fund IV. The new fund will be used to expand MLG&r...

    MLG CAPITAL PARTNERS
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    https://RE.report/news-article.aspx?ID=44894489

    MORTGAGE RATES IN U.S. RISE AGAIN

    Sep 24, 2018

    According to Freddie Mac's latest Primary Mortgage Market Survey, U.S. mortgage rates rose for the fourth consecutive week in late September 2018.

    Sam Khater, Freddie Mac's chief economist, says the 30-year fixed-rate mortgage increased once again to its highest level since Ma...

    FREDDIE MAC
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    https://RE.report/news-article.aspx?ID=44914491

    FREDDIE MAC: SEPTEMBER FORECAST INDICATES AFFORDABILITY CONTINUES TO WEAKEN GROWTH

    Sep 24, 2018

    A robust economy has not been able to ignite an underwhelming housing market, according to Freddie Mac’s September Forecast. According to the U.S. Bureau of Economic Analysis, real gross domestic product increased at an annual rate of 4.2% in the second quarter of 2018. This is the fastest pac...

    FREDDIE MAC
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    https://RE.report/news-article.aspx?ID=44924492

    GREYSTAR FINALIZES $4.6 BILLION PURCHASE OF STUDENT HOUSING GIANT EDR

    Sep 24, 2018

    It’s official. Greystar completed its acquisition of EdR, one of the nation’s largest student-housing firms. This news follows EdR stockholders’ vote to approve the merger at a meeting about a week ago. Greystar is dropping $4.6 billion on this acquisition. EdR’s stockholders...

    GREYSTAR
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    https://RE.report/news-article.aspx?ID=44934493

    FREDDIE MAC: MORTGAGE RATES REACH HIGHEST LEVEL SINCE MAY

    Sep 20, 2018

    Mortgage rates inched forward for the fourth consecutive week, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater said the 30-year fixed-rate mortgage increased once again to its highest level since May. According to the Primary Mortgage Ma...

    FREDDIE MAC
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    https://RE.report/news-article.aspx?ID=44844484

    AVERAGE HOMEOWNER GAINED $16,000 IN HOME EQUITY IN 1 YEAR

    Sep 20, 2018

    As the economy strengthens, home values continue to appreciate, and that means homeowners are raking in the equity. A report released Thursday by data analytics provider CoreLogic showed that home equity rose 12.3% year-over-year in the second quarter of 2018, meaning that the average homeowner saw ...

    CORELOGIC
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    https://RE.report/news-article.aspx?ID=44854485

    HFF FURNISHES $30M CONSTRUCTION LOAN IN BOSTON SUBURB

    Sep 19, 2018

    The Boston office of HFF has provided $30 million in construction financing for a mixed-use development in Newton, Mass. The project, named 28 Austin Street Apartments, will rise above the city’s Austin Street Municipal Parking Lot within the city’s Newtonville neighborhood. HFF’s ...

    HFF
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    https://RE.report/news-article.aspx?ID=44804480

    FCP SELLS AFFORDABLE COMMUNITIES IN DC AREA FOR $56M

    Sep 19, 2018

    Preservation Partners has purchased two affordable housing properties totaling 340 units in St. Charles, Md., a master-planned community 13 miles from the D.C. Beltway. The $56 million transaction is part of FCP’s plan to sell the entire Apartments of St. Charles portfolio, acquired by the com...

    FCP
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    https://RE.report/news-article.aspx?ID=44814481

    SINGLE-FAMILY RENTAL GIANT BETS BIG ON HOUSE FLIPPING MARKET

    Sep 18, 2018

    According to an article from Bloomberg by Patrick Clark, Amherst owns and/or manages roughly 20,000 single-family rentals and is launching a subsidiary called Bungalow to flip properties, selling them at no-haggle prices in the hopes of attracting buyers who want a simpler home buying experience. Th...

    AMHERST HOLDINGS
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    https://RE.report/news-article.aspx?ID=44764476

    MARCUS & MILLICHAP CLOSES CHICAGO MULTIFAMILY DEAL

    Sep 18, 2018

    Marcus & Millichap has arranged the sale of Madison Renaissance, a 34-unit community located in Chicago’s South Austin neighborhood. The asset was sold for $1.5 million to a private investor. Eric Bell, an investment specialist with the company, marketed the asset and represented both the ...

    MARCUS & MILLICHAP
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    https://RE.report/news-article.aspx?ID=44774477

    HOMEBUILDER GROUP: WE WANT TO SEE MORE WOMEN BUILDING HOMES

    Sep 17, 2018

    As the home building industry navigates a market struggling to increase production and boost sentiment, addressing an ongoing labor shortage has also become one of its top concerns. This week, in recognition of Professional Women in Building Week, the National Association of Homebuilders is specific...

    NATIONAL ASSOCIATION OF HOMEBUILDERS
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    https://RE.report/news-article.aspx?ID=44694469

    PEOPLE NOW PURCHASING VACATION HOMES FOR PROFIT OVER PLEASURE

    Sep 17, 2018

    Over the past ten years, homebuyers motivations for buying vacation homes has moved from pleasure to profit.  According to research from Savills and HomeAway, for the first time ever, vacation home buyers now prioritize rental income over personal use. Savills and HomeAway carried out this surv...

    SAVILLS
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    https://RE.report/news-article.aspx?ID=44704470

    10 YEARS AFTER U.S. HOUSING CRASH, RECOVERY IS NOT EVEN ACROSS MANY MARKETS

    Sep 17, 2018

    Zillow research is reporting this week that a decade after the collapse of the U.S. housing market and the start of the Great Recession, home values have more than recovered in most of the U.S.'s largest markets. The markets with the highest gains above the mid-2000s bubble are primarily in the ...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=44734473

    CORELOGIC: HURRICANE FLORENCE COULD CAUSE UP TO $5 BILLION IN PROPERTY DAMAGE

    Sep 14, 2018

    According to analysis from CoreLogic, the estimated insured losses are expected to spread across North and South Carolina affecting both residential and commercial properties. North Carolina is projected to absorb the brunt of the storm with an estimated 250,000 homes at risk of experiencing hurrica...

    CORELOGIC
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    https://RE.report/news-article.aspx?ID=44654465

    MOST PROPERTY MARKETS HAVE RECOVERED FROM THE HOUSING CRASH IN THE US

    Sep 13, 2018

    While the residential property market has recovered in the United States a decade after the housing crash, millions of homeowner are still waiting to regain the value that has been lost. Overall, the median home value nationwide is 8.7% higher than it was at the height of the housing bubble and 21 o...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=44644464

    MANHATTAN LANDLORDS SACRIFICE HIGHER RENTS TO FILL APARTMENTS

    Sep 13, 2018

    Manhattan apartment vacancies dropped in August to the lowest level in more than four years as landlords, facing the end of peak leasing season, focused on filling empty units before the slower winter months arrive. The vacancy rate fell to 1.58 percent, down from 2.27 percent a year earlier and the...

    MANHATTAN
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    https://RE.report/news-article.aspx?ID=44674467

    BLACKSTONE AGREES TO $500 MILLION NYC APARTMENT DEAL

    Sep 11, 2018

    Blackstone Group LP has agreed to buy an apartment complex in the New York City borough of Queens for about $500 million, according to people familiar with the matter. The firm sees the 1,300-unit property, known as Parker Towers, as an affordable option for renters seeking alternatives outside of M...

    BLACKSTONE GROUP
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    https://RE.report/news-article.aspx?ID=44664466

    MICROSOFT JUST BOUGHT 277 ACRES IN ARIZONA

    Sep 10, 2018

    In Arizona’s largest and most intriguing land deal for the month of August, tech giant Microsoft MSFT +0.39% spent almost $48 million to acquire 277 acres just west of Phoenix. According to Scottsdale-based RL Brown Housing Reports, the purchase consists of two parcels of land in Goodyear 154 ...

    MICROSOFT
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    https://RE.report/news-article.aspx?ID=44604460

    GREEN STREET PREDICTS CONTINUED FLATTENING IN COMMERCIAL REAL ESTATE PRICES

    Sep 07, 2018

    Commercial property prices appear to have stabilized, a trend likely to persist for six to 12 months, according to research firm Green Street Advisors. Property prices have cooled over the past couple of years, and Green Street’s aggregate CPPI has remained at roughly the same level as it was ...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=44564456

    STRATEGIC PROPERTY PARTNERS UNVEILS PLANS FOR TWO OFFICE TOWERS WITHIN $3B WATER STREET TAMPA PROJECT

    Sep 07, 2018

    Strategic Property Partners LLC (SPP) has unveiled plans for a pair of office towers within the $3 billion Water Street Tampa project. The multi-phased development will comprise more than 9 million square feet of commercial, residential, hospitality, educational, entertainment, cultural and retail s...

    STRATEGIC PROPERTY
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    https://RE.report/news-article.aspx?ID=44574457

    LEXINGTON REALTY TRUST SELLS 21 OFFICE ASSETS FOR $726M

    Sep 06, 2018

    Lexington Realty Trust (NYSE: LXP) has sold a 21-office asset portfolio for $726 million to a joint venture between affiliates of Davidson Kempner Capital Management LP and Lexington. The office properties are spread across the U.S., with properties in the eastern and western regions, the South and ...

    LEXINGTON REALTY TRUST
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    https://RE.report/news-article.aspx?ID=44524452

    LASALLE HOTEL PROPERTIES CHANGES COURSE, ACCEPTS PEBBLEBROOK’S $5.2B MERGER OFFER AS BLACKSTONE BOWS OUT

    Sep 06, 2018

    It appears the sixth time’s a charm as LaSalle Hotel Properties (NYSE: LHO) has accepted Pebblebrook Hotel Trust’s (NYSE: PEB) merger proposal made in late August. The two Maryland-based hotel REITs jointly announced today that Pebblebrook will acquire all of LaSalle’s outstanding ...

    LASALLE HOTEL PROPERTIES
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    https://RE.report/news-article.aspx?ID=44534453

    MARRIOTT INTERNATIONAL PLANS TO EXPAND ITS BRANDED RESIDENTIAL PORTFOLIO BY MORE THAN 70 PERCENT BY 2022

    Sep 05, 2018

    Marriott International (NASDAQ:MAR) has announced that its branded residential portfolio is expected to grow by more than 70 percent in four years as both consumers and residential real estate developers seek homes affiliated with its brands such as Ritz-Carlton, St. Regis, EDITION and W everywhere ...

    MARRIOTT
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    https://RE.report/news-article.aspx?ID=44484448

    FLORIDA INVESTOR SNAPS UP ADDISON TOWER

    Sep 05, 2018

    A high-profile Addison office tower has a new owner. The 11-story Addison high-rise is located near the southwest corner of the Dallas North Tollway and Belt Line Road in the Quorum office park. Florida-based TerraCap Management LLC bought the 202,000 square-foot office building - it's first suc...

    TERRACAP MANAGEMENT LLC
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    https://RE.report/news-article.aspx?ID=44494449

    RESIDENTIAL PROJECTS GIVE HOUSTON BUILDING PERMITS A BOOST IN JULY

    Sep 04, 2018

    City of Houston building permits shot up 19 percent in July to $638.9 million as two large residential projects got underway. The amount is an increase from the $535.9 million in building permits reported in July 2017, the Greater Houston Partnership said. The report is based on the city's Publi...

    HOUSTONCHRONICLE
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    https://RE.report/news-article.aspx?ID=44444444

    CONSTRUCTION SURGE HINDERS RENT GROWTH IN AUSTIN

    Sep 04, 2018

    Austin’s multifamily market showed its resilience in the first half of 2018, coping with issues such as a lack of affordability and continued supply growth, pushing the occupancy rate in stabilized assets to 93.7 percent as of April, down 100 basis points in 12 months. Despite these headwinds,...

    MULTIHOUSINGNEWS
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    https://RE.report/news-article.aspx?ID=44454445

    UK HOUSING MARKET SEES LARGEST MONTHLY FALL IN PRICES SINCE 2012

    Sep 03, 2018

     Property prices in the UK are falling on an annual and a monthly basis, with values down to an average of £214,745, according to the latest lender index. Annual price growth in the 12 months to August 2018 fell to 2% from 2.5% in July and month on month values were down by 0.5%, the bigg...

    NATIONWIDE
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    https://RE.report/news-article.aspx?ID=44404440

    BUYING A HOME NEAR A TOP STATE SCHOOL IN SCOTLAND COSTS ON AVERAGE AN EXTRA 36%

    Sep 03, 2018

    Buyers need to pay an average of £72,973 or 36% more to live in the catchment area of a top performing state secondary school in Scotland, according to new research. Average property prices have reached £277,134 near Scotland’s top 20 state secondary schools, the study from the Ban...

    BANK OF SCOTLAND
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    https://RE.report/news-article.aspx?ID=44414441

    VANGUARD GLOBAL EX-U.S. REAL ESTATE ETF (VNQI) HOLDINGS INCREASED BY FIDUCIARY TRUST CO.

    Aug 31, 2018

    Fiduciary Trust Co. raised its position in Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) by 11.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,204,188 shares of the company’s stock after bu...

    FIDUCIARY TRUST CO
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    https://RE.report/news-article.aspx?ID=44354435

    CBRE BROKERS $35M COLORADO SPRINGS SALE

    Aug 31, 2018

    CBRE has arranged the $35 million sale of Union Heights, a 220-unit community in northeastern Colorado Springs, Colo. Priderock Capital Partners purchased the asset from local seller Griffis/Blessing. Dan Woodward, David Potarf, Matthew Barnett and Jake Young represented the seller in the transactio...

    CBRE
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    https://RE.report/news-article.aspx?ID=44364436

    HARBOR GROUP INTERNATIONAL ACQUIRES APARTMENT COMMUNITY IN NORTHERN VIRGINIA FOR $193M

    Aug 29, 2018

    Harbor Group International LLC (HGI) has acquired Dulles Greene Apartments, an 806-unit multifamily community in Herndon, for $193 million. The community is located roughly four miles from Washington Dulles International Airport and approximately 26 miles west of Washington, D.C. In addition, the pr...

    HARBOR GROUP INTERNATIONAL LLC
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    https://RE.report/news-article.aspx?ID=44324432

    BUILDING BOOM THE TOP 10 CONSTRUCTION-FRIENDLY AMAZON HQ2 FINALISTS

    Aug 28, 2018

    Amazon promises to build a $5B second headquarters to host 50,000 high-paying tech employees with a median income of $100K to the city that offers the most alluring incentives but once you take in a tech powerhouse like Amazon, the construction boom won’t stop with HQ2.  A flood of reside...

    AMAZON
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    https://RE.report/news-article.aspx?ID=44304430

    FIRST AMERICAN: HOME PRICES COULD BE AT TIPPING POINT

    Aug 28, 2018

    According to First American’s Chief Economist Mark Fleming, home prices are in the beginning stages of correcting to demand. As buyers pull back from the market and sellers adjust their price expectations, house prices will adjust, but the strong economic conditions and the shortage of supply ...

    FIRST AMERICAN
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    https://RE.report/news-article.aspx?ID=44244424

    FPA MULTIFAMILY BUYS 332-UNIT HIGH-RISE APARTMENT COMPLEX IN CHICAGO’S SOUTH LOOP

    Aug 28, 2018

    FPA Multifamily LLC has acquired The Lex, a 332-unit high-rise apartment complex located within the McCormick Square entertainment district in Chicago’s South Loop. The seller was Crescent Heights, a developer of luxury multifamily communities with five offices across the country. San Francisc...

    FPA MULTIFAMILY LLC
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    https://RE.report/news-article.aspx?ID=44254425

    CBRE, BROOKFIELD PROPERTY PARTNERS BUY THREE SUPER-REGIONAL MALLS FROM GGP FOR MORE THAN $1B

    Aug 28, 2018

    CBRE Global Investors (NYSE: CBRE) has formed a joint venture with Brookfield Property Partners (NASDAQ: BPY) to purchase three super-regional malls totaling 3.7 million square feet from General Growth Properties (NYSE: GGP). As part of the transaction, CBRE is purchasing a 49 percent stake in the t...

    CBRE GLOBAL INVESTORS
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    https://RE.report/news-article.aspx?ID=44264426

    AMAZON PLANS 2 MILLION-SQUARE-FOOT FULFILLMENT CENTER NEXT TO MEADOWS FIELD

    Aug 27, 2018

    Kern's profile as an emerging distribution hub soared with word Monday that e-commerce giant Amazon expects to build a nearly 2.5 million-square-foot distribution center employing up to 2,000 people near Meadows Field airport. The plan, which had been shrouded in secrecy until it was confirmed b...

    AMAZON
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    https://RE.report/news-article.aspx?ID=44294429

    PURE MULTI-FAMILY REIT JUST TOOK ITSELF OFF THE MARKET

    Aug 27, 2018

    Following an unsuccessful courtship process with 86 potential buyers, the Canadian real estate investment trust, which invests in institutional quality U.S. multifamily real estate assets, is embracing the solo life, for now. This whole drama started in December of Last year when Electra America, a ...

    ELECTRA GROUP
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    https://RE.report/news-article.aspx?ID=44214421

    TOP 5 CITIES WHERE A DOWN PAYMENT IS LEAST AFFORDABLE

    Aug 27, 2018

    Housing has become so expensive that it can take nearly a decade for people to save up for a 20% down payment, according to a recent survey by SmartAsset. A recent survey by RealEstate.com highlights the cities where it will take first-time homebuyers the longest to save for a 20% down payment on an...

    REALESTATE.COM
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    https://RE.report/news-article.aspx?ID=44224422

    LONDON WORLD'S MOST ACTIVE CROSS-BORDER REAL ESTATE INVESTMENT MARKET IN 2018

    Aug 24, 2018

    Global real estate consulting firm Knight Frank is reporting this week that in the first half of 2018 £5.6 billion ($7.2 billion USD) of international capital was invested in the London commercial real estate market. Hong Kong was second with £5 billion ($6.4B) and Paris third with &poun...

    KNIGHT FRANK
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    https://RE.report/news-article.aspx?ID=44184418

    SAGE MANAGEMENT ADDS 687 UNITS IN MD

    Aug 23, 2018

    Sage Management LLC has acquired two communities in the Washington, D.C. and Baltimore metros, totaling 687 units. The company paid $63.2 million to Carmel Partners for Midtown at Camp Springs, according to Yardi Matrix, while Wishrock sold Falcon Crest Apartments for $50 million. Both transactions ...

    SAGE MANAGEMENT LLC
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    https://RE.report/news-article.aspx?ID=44144414

    WNC CLOSES $150M FUND FOR AFFORDABLE HOUSING

    Aug 23, 2018

    WNC, an affordable housing development, investment, and management company, just closed a $150 million fund for affordable housing. The fund enjoys backing from five repeat investors and was able to garner one new investor to add to its war chest. The WNC Institutional Tax Credit Fund 45 is a $150 m...

    WNC
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    https://RE.report/news-article.aspx?ID=44174417

    FACEBOOK CUTS THOUSANDS OF AD TARGETING OPTIONS AFTER HUD’S HOUSING DISCRIMINATION ALLEGATION

    Aug 23, 2018

    In the wake of being accused of allowing landlords and homeowners to discriminate against prospective renters and buyers, Facebook is making changes to its advertising policies to remove thousands of targeting options that may have been used to engage in discriminatory advertising. Late last week, t...

    FACEBOOK
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    https://RE.report/news-article.aspx?ID=44124412

    CERBERUS PLOTS $500 MILLION EXPANSION OF FIRSTKEY HOMES SINGLE-FAMILY RENTAL PORTFOLIO

    Aug 22, 2018

    According to Bloomberg, the company, which manages its single-family properties through FirstKey Homes and owned 11,000 homes at the end of 2017, is trying to raise more than $500 million to expand its portfolio by over 40,000 homes. This is the latest blip in a growing trend of investment in rental...

    BLOOMBERG
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    https://RE.report/news-article.aspx?ID=44134413

    SERIOUS DELINQUENCY RATE HITS LOWEST LEVEL SINCE GREAT RECESSION

    Aug 22, 2018

    Ten years after the housing market collapsed, TransUnion released a report examining some of the changes to consumer credit since the Great Recession. TransUnion’s Q2 2018 Industry Insights Report shows serious delinquency rates have recovered since the crisis. From a credit perspective, the f...

    TRANSUNION
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    https://RE.report/news-article.aspx?ID=44094409

    PROPST DEVELOPMENT UNVEILS PLANS FOR $500M MIXED-USE PROJECT IN NASHVILLE

    Aug 21, 2018

    Propst Development LLC, a real estate development firm based in Huntsville, Ala., has unveiled plans for Broadwest, a 1.2 million-square-foot mixed-use development in Nashville. The two-tower project will be located at 1600 W. End Ave., near the intersection of Broadway and West End in Nashville&rsq...

    PROPST DEVELOPMENT LLC
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    https://RE.report/news-article.aspx?ID=44104410

    SEC GOING AFTER BROKERS FOR PEDDLING SHARES IN $1.2 BILLION REAL ESTATE PONZI SCHEME

    Aug 21, 2018

    The Securities and Exchange Commission is already pursuing charges against Robert Shapiro, the founder of the Woodbridge group of companies, for allegedly bilking thousands of investors out of hundreds of millions of dollars via a $1.2 billion real estate Ponzi scheme. And now, the regulator is goin...

    WOODBRIDGE GROUP
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    https://RE.report/news-article.aspx?ID=44054405

    BPDA BOARD APPROVES SEVEN DEVELOPMENT PROJECTS, 223 RESIDENTIAL UNITS

    Aug 19, 2018

    The Boston Planning & Development Agency (BPDA) Board of Directors approved seven development projects at their August meeting. The projects will generate a total of 223 residential units, 42 of which will be affordable. In addition, the projects will create over 4,000 jobs upon their completion...

    BOSTON PLANNING & DEVELOPMENT AGENCY
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    https://RE.report/news-article.aspx?ID=44064406

    INSIDE THE SCANDAL THAT COULD EXPLODE MULTIFAMILY REAL ESTATE

    Aug 17, 2018

    Everything is going swimmingly in multifamily real estate these days, right? Rents keep rising, construction is still chugging along, deals are being made, and delinquencies are still at historic lows. It appears there could a deep, dark secret at the core of multifamily lending that could destroy t...

    BLOCKBUSTER
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    https://RE.report/news-article.aspx?ID=44014401

    INTERNATIONAL HOME BUYER ACTIVITY SLIDES IN U.S., DOWN 21 PERCENT

    Aug 17, 2018

    Rising home prices and low inventory led to a decline in foreign home purchases in the United States. Total international sales totaled $121 billion during April 2017 to March 2018, a 21 percent decline from the previous 12-month period, according to an annual survey from the National Association of...

    NATIONAL ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=44024402

    WALKER & DUNLOP ARRANGES $138.1M CONSTRUCTION LOAN FOR 57-STORY CONDOMINIUM TOWER IN MIAMI

    Aug 16, 2018

    Walker & Dunlop has arranged a $138.1 million construction loan for Elysse, a 57-story condominium tower in Miami. The 100-unit community, located at 788 N.E. 23rd St., overlooks the Intracoastal Waterway in Miami’s Edgewater neighborhood. Kevin O’Grady and Eric McGlynn of Walker &am...

    WALKER & DUNLOP
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    https://RE.report/news-article.aspx?ID=43974397

    PROPERTY PRICES UP 3% YEAR ON YEAR ON THE UK, BUT FALLING IN LONDON

    Aug 16, 2018

    On average, house prices in the UK have risen by 3% in the 12 months to June 2018 and by 0.4% month on month to £228,384, the latest official figures show. But the data from the Land Registry shows there are some regional differences between Wales and Scotland outperforming the rest of the cou...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=43984398

    RISE IN PEOPLE RENTING HOMES IN THE BIGGEST CITIES IN THE US

    Aug 14, 2018

    More people are renting a home in the largest cities in the United States with new research showing that the largest rise has been in Memphis, Las Vegas, and Honolulu. The majority of people rent instead of own in 29 of the 50 largest cities while in 2006, only 16 of the 50 largest cities were major...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=43934393

    FLAHERTY & COLLINS RECEIVES $104M LOAN FOR NEW MIXED-USE TOWER IN INDIANAPOLIS

    Aug 14, 2018

    Flaherty & Collins Properties has refinanced 360 Market Square, the company’s 27-story mixed-use tower in downtown Indianapolis. The real estate developer and property management firm used a $104 million loan from Chicago-based Heitman LLC to retire existing construction financing on the r...

    FLAHERTY & COLLINS PROPERTIES
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    https://RE.report/news-article.aspx?ID=43944394

    MASS TIMBER: THINKING BIG ABOUT SUSTAINABLE CONSTRUCTION

    Aug 13, 2018

    The construction and operation of all kinds of buildings use vast amounts of energy and natural resources. Researchers around the world have therefore been seeking ways to make buildings more efficient and less dependent on emissions-intensive materials. Now, a project developed through an MIT class...

    MIT
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    https://RE.report/news-article.aspx?ID=43894389

    JLL ARRANGES $330.7M CONSTRUCTION LOAN FOR 1,055-ROOM HOTEL IN BOSTON

    Aug 13, 2018

    JLL has arranged a $330.7 million loan for the construction of the Omni Boston Hotel at the Seaport, a 1,055-room luxury hotel being developed in Boston’s Seaport District. Completion is slated for early 2021. Omni Boston Hotel at the Seaport will be located across the street from the Boston C...

    JLL
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    https://RE.report/news-article.aspx?ID=43904390

    OAK COAST, BMC INVESTMENTS EXPAND DENVER PORTFOLIO

    Aug 10, 2018

    Oak Coast Properties and BMC Investments, already active in the Denver area multifamily market, have acquired their first Lakewood, Colo., apartment community the 360-unit St. Moritz Apartments for $78 million. We’ve looked at several in the submarket but unfortunately have been beat out sever...

    OAK COAST PROPERTIES
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    https://RE.report/news-article.aspx?ID=43854385

    MORTGAGE ARREARS AND POSSESSIONS IN THE UK REACH ALL-TIME LOW

    Aug 10, 2018

    Mortgage arrears and possessions in the UK residential market continue to remain historically low, according to date from UK Finance. It latest update report covering the second quarter of 2018 show that there were 76,740 home owner mortgages in arrears of 2.5% or more of the outstanding balance, so...

    UK FINANCE
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    https://RE.report/news-article.aspx?ID=43864386

    61-STORY ONE DALTON REACHES FULL HEIGHT, TRANSFORMING BOSTON’S SKYLINE

    Aug 08, 2018

    Carpenter & Company announced today that the Four Seasons Hotel & Private Residences One Dalton Street, Boston has reached its full height at 742 feet, a major construction milestone that solidifies the tower’s transformative presence along the Boston skyline. Now the tallest and most ...

    CARPENTER & COMPANY
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    https://RE.report/news-article.aspx?ID=43814381

    PARAMOUNT TO SELL 208,776 SF OFFICE BUILDING IN WASHINGTON D.C. FOR $220M

    Aug 08, 2018

    New York-based real estate investment trust Paramount Group has agreed to sell 2099 Pennsylvania Ave., a 12-story, 208,776-square-foot office building in Washington, D.C. for $220 million. The buyer is undisclosed. Designed by architectural firm Pei Cobb Freed & Partners, the building is situate...

    PARAMOUNT GROUP
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    https://RE.report/news-article.aspx?ID=43824382

    UNITED KINGDOM COST OF LIVING IS 103 PERCENT OF AVERAGE HOUSEHOLD INCOME

    Aug 07, 2018

    A new research by price comparison website MoneySuperMarket reveals that the UK is the most expensive location to raise a family in Europe. The running costs associated with a four-person family in the UK exceeded those of Spain, USA, Germany, and Sweden due to the high costs of rent, utility bills,...

    MONEYSUPERMARKET
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    https://RE.report/news-article.aspx?ID=43784378

    COMMERCIAL DEVELOPMENT WILL CHANGE THE NEGLECTED LOOK OF RIVERFRONT

    Aug 06, 2018

    The commercial real estate market has been slower to recover from the Great Recession than the residential market, which is typical, according to many local commercial brokers. Many commercial transactions are more complex, with a higher price tag than a typical 2,000-square foot home, and commercia...

    GRAND JUNCTION DAILY SENTINEL
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    https://RE.report/news-article.aspx?ID=43714371

    SHAWMUT DESIGN AND CONSTRUCTION RAISES $200,000 FOR 2018 PAN-MASS CHALLENGE

    Aug 06, 2018

    Shawmut Design and Construction, a $1.2 billion national construction management firm, participated in the 2018 Pan-Mass Challenge, marking the eleventh straight year the firm has participated in the two-day bike-a-thon. This year, Team Shawmut raised $200,000 and counting, accumulating more than $1...

    SHAWMUT DESIGN AND CONSTRUCTION
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    https://RE.report/news-article.aspx?ID=43744374

    EXTELL RECEIVES $530M IN FINANCING FOR 68-STORY RESIDENTIAL CONDO DEVELOPMENT IN BROOKLYN

    Aug 06, 2018

    New York-based Extell Development Co. has received $530 million in financing for the development of Brooklyn Point, a 68-story residential condo tower under construction in Brooklyn. The property is located within City Point, a development featuring 600,000 square feet of dining and retail. The fina...

    EXTELL DEVELOPMENT CO
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    https://RE.report/news-article.aspx?ID=43754375

    CAMPUS APARTMENTS SNAGS VA PROPERTY FOR $31M

    Aug 03, 2018

    Philadelphia-based Campus Apartments has acquired The Collection Midtown in Richmond, Va. This 20-building portfolio is situated within Richmond’s historic side-by-side neighborhoods known as the Fan District and Museum District. The $31 million acquisition represents Campus Apartments’ ...

    CAMPUS APARTMENT
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    https://RE.report/news-article.aspx?ID=43704370

    PREMIER CAPITAL PARTNERS BUYS 58-UNIT BAY VILLAGE PORTFOLIO

    Aug 02, 2018

    Colliers International’s Multi-Family Investment Sales team recently announced the sale of 143 Arlington Street and 1, 3, and 5 Cortes Street in the centrally located Bay Village neighborhood of Boston on behalf of Coppola Management. The portfolio sold for $12.82 million to Brookline-based in...

    PREMIER CAPITAL
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    https://RE.report/news-article.aspx?ID=43624362

    FANTINI & GORGA ARRANGES $24 MILLION FOR WEYMOUTH CONDO DEVELOPMENT

    Aug 02, 2018

    Boston-based Fantini & Gorga recently arranged $24 million in financing for two residential properties in Weymouth, MA, including a $9,000,000 permanent first mortgage loan in conjunction with a $15,000,000 construction loan. The permanent loan is secured by a 72 unit residential community known...

    FANTINI & GORGA
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    https://RE.report/news-article.aspx?ID=43634363

    SENIOR HOUSING OCCUPANCY HITS EIGHT-YEAR LOW AS NEW SUPPLY CONTINUES TO OUTPACE DEMAND

    Aug 02, 2018

    Average occupancy for seniors housing properties throughout the United States has fallen to 87.9 percent in the second quarter of 2018, according to the National Investment Center for Seniors Housing & Care (NIC). The rate is the lowest since first-quarter 2010 when it hit 86.9 percent. Assisted...

    NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE
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    https://RE.report/news-article.aspx?ID=43664366

    WORK BEGINS ON 318-UNIT LUXURY COMMUNITY IN RALEIGH-AREA

    Aug 02, 2018

    Dominion Realty Partners is building its 32nd project in the Research Triangle The Residences at Shiloh Crossing in Morrisville, N.C. The company has broken ground on the $59 million community that is set to feature 318 Class A units and 5,000 square feet of community space. Capital Bank is providin...

    DOMINION REALTY PARTNERS
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    https://RE.report/news-article.aspx?ID=43674367

    DOSTER CONSTRUCTION COMPLETES BATON ROUGE STUDENT HOUSING

    Jul 31, 2018

    Doster Construction Co. has completed a 44-unit addition to the Retreat at Brightside Student Living in Baton Rouge, La., one of several Louisiana development projects recently delivered or under construction by the Birmingham, Ala.-based firm. The 34,485-square-foot addition was built on an existin...

    DOSTER CONSTRUCTION CO
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    https://RE.report/news-article.aspx?ID=43584358

    L5 INVESTMENTS, BH EQUITIES SELL HOUSTON ASSET

    Jul 31, 2018

    GVA Real Estate Group has acquired the Huntington Glen Apartments, a 364-unit community in Houston from L5 Investments and BH Equities. The joint venture originally purchased the property in 2015 and achieved a favorable return thanks to a strong strategic improvement campaign.

    GVA REAL ESTATE GROUP
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    https://RE.report/news-article.aspx?ID=43594359

    GREYSTAR ACQUIRES 273-UNIT PORTLAND COMMUNITY

    Jul 30, 2018

    Greystar Real Estate Partners has acquired Indigo at Twelve West, a Class A multifamily community in Portland, Ore.’s West End submarket, on behalf of its real estate funds.  “We were particularly attracted to Indigo at Twelve West due to its outstanding location at the nexus of the...

    GREYSTAR REAL ESTATE
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    https://RE.report/news-article.aspx?ID=43544354

    QUARTERLY PROPERTY REVIEW SUGGESTS CONFIDENCE IS STILL BUILDING UN UK RESIDENTIAL MARKET

    Jul 30, 2018

    Confidence is building in the UK’s residential property market with house prices stable, no significant discounting an average asking price in London up 3.1%, says a new analysis. Smaller homes are the most popular and new instructions are up nearly 7% year on year while the use of online esta...

    TWENTYCI
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    https://RE.report/news-article.aspx?ID=43554355

    BERKADIA SECURES FL STUDENT HOUSING ASSET SALE

    Jul 27, 2018

    After originating a $10.1 million Freddie Mac loan for a multifamily property in Pennsylvania, Berkadia has arranged the sale of Coastal Village, a 200-unit student housing community in Fort Myers, Fla. Coastal Ridge Real Estate, together with H. Katz Capital, acquired the asset for $44 million from...

    COASTAL RIDGE REAL ESTATE
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    https://RE.report/news-article.aspx?ID=43504350

    HFF ARRANGES $20.95 MILLION FINANCING FOR BOSTON DEVELOPER FOR LUXURY RESIDENTIAL DEVELOPMENT IN CHICAGO’S LINCOLN PARK

    Jul 27, 2018

    Holliday Fenoglio Fowler, L.P. (HFF) announced $20.95 million in financing for the development of 42 luxury apartment units at Norweta Row in Chicago’s Lincoln Park neighborhood. The HFF team worked on behalf of Broder to secure the construction loan through Citizens Bank.  Norweta also i...

    HOLLIDAY FENOGLIO FOWLER, L.P
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    https://RE.report/news-article.aspx?ID=43514351

    KISER GROUP BROKERS SOUTH CHICAGO MULTIFAMILY SALES

    Jul 26, 2018

    Kiser Group has recently brokered several multifamily community sales throughout South Side Chicago. The transactions, which included a four-building portfolio and three other multifamily buildings, totaled to $2.8 million. Senior Director Noah Birk and Director Aaron Sklar represented either the se...

    KISER GROUP
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    https://RE.report/news-article.aspx?ID=43464346

    LANDMARK PROPERTIES BREAKS GROUND ON 11 STUDENT HOUSING PROJECTS

    Jul 26, 2018

    Landmark Properties has begun construction on 11 student housing developments with more than 7,700 beds in nine states across the United States as part of its busy development pipeline. “We’re breaking ground on more projects in 2018 than in any other year in our company’s 14-year ...

    LANDMARK PROPERTIES
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    https://RE.report/news-article.aspx?ID=43474347

    CALIFORNIA HOME SALES DIP STATEWIDE IN JUNE

    Jul 25, 2018

    According to a new report by the California Association of Realtors, California's median home price edged higher to another peak in June 2018 as year-over-year home sales lost steam for the second straight month. Closed escrow sales of existing, single-family detached homes in California totaled...

    WORLDPROPERTYJOURNAL.COM
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    https://RE.report/news-article.aspx?ID=43414341

    JLL ARRANGES $235M CONSTRUCTION LOAN FOR 34-STORY OFFICE TOWER IN BROOKLYN

    Jul 25, 2018

    JLL Capital Markets has arranged a $235 million loan for the construction of One Willoughby Square, a 34-story, Class A office tower in downtown Brooklyn. One Willoughby Square will rise 560 feet above the future Willoughby Park, a one-acre public green space on top of a 700-space underground parkin...

    JLL
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    https://RE.report/news-article.aspx?ID=43434343

    SLOWDOWN IN OFFICE CONSTRUCTION MIGHT BE COMING IN 2019

    Jul 24, 2018

    While new office construction has been robust so far in 2018, next year developers might begin pulling back, according to David Bitner, head of America's capital markets research with real estate services firm Cushman & Wakefield. He cites rising construction costs, concerns about the end of...

    CUSHMAN & WAKEFIELD
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    https://RE.report/news-article.aspx?ID=43384338

    MIAMI LUXURY HOME SALES CONTINUE TO RISE IN JUNE

    Jul 24, 2018

    According to a new report by the Miami Association of Realtors, Miami-Dade County luxury real estate sales continue to increase while lower price points experience strong demand and limited supply, resulting in price increases countywide. Total Miami luxury sales ($1 million-and-above) increased 21....

    MIAMI ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=43394339

    NEW AFFORDABLE HOUSING PROJECT COMING TO SOUTH RENO

    Jul 23, 2018

    Reno-based GreenStreet Cos. and Vintage Housing intend to break ground tomorrow on an affordable housing project dubbed Steamboat by Vintage. Households earning at or below 60 percent of the area’s median income can apply for one of the 360 units to be built in Northern Nevada. Steamboat by Vi...

    GREENSTREET COS
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    https://RE.report/news-article.aspx?ID=43344334

    JV NABS APARTMENT IN CHICAGO’S PRINTERS ROW

    Jul 23, 2018

    A joint venture of Chicago-based Draper and Kramer Inc. and equity partner Intercontinental Real Estate Corp. has acquired the 298-unit Burnham Pointe in Chicago’s South Loop Printers Row neighborhood. The acquisition of the 28-story property at 730 S. Clark St. enables Draper and Kramer to en...

    KRAMER INC
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    https://RE.report/news-article.aspx?ID=43354335

    MERIDIAN CAPITAL SECURES $115M FOR BROOKLYN ASSET

    Jul 20, 2018

    Meridian Capital Group has secured a $115 million cash-out refinance for an upcoming 302-unit community in Brooklyn. The company worked on behalf of borrower Hampshire Properties, which is currently developing a community in Jersey City, N.J. Square Mile Capital provided the loan. According to Yardi...

    MERIDIAN CAPITAL
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    https://RE.report/news-article.aspx?ID=43304330

    BIGGEST GAINS FROM PROPERTY ARE CURRENTLY ON THE WEST COAST OF THE US

    Jul 19, 2018

    Homeowners selling on the West Coast of the United States are experiencing the biggest gains with property selling for an average of 54% more than they paid, a new analysis shows. Those in San Jose, for example, sold their homes for a median gain of $296,000 and the location is seeing the fastest ho...

    ZILLOW
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    https://RE.report/news-article.aspx?ID=43314331

    FLAT-FEE REAL ESTATE STARTUP REALI RAISES $20 MILLION TO EXPAND BEYOND CALIFORNIA

    Jul 19, 2018

    Reali announced this week that it raised $20 million in a Series B round of funding. That brings the company’s total capital raised to $30 million. Last year, the company raised approximately $10 million. Currently, Reali operates in Sacramento and Solano counties and the San Francisco Bay Are...

    REALI
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    https://RE.report/news-article.aspx?ID=43264326

    MANHATTAN LANDLORDS REDUCE RETAIL RENTS IN 2018

    Jul 19, 2018

    According to CBRE's Q2, 2018 Manhattan Retail Market Report, New York City's retail market continues to evolve as the fundamental demand drivers remain healthy. Over the past year, average asking rents decreased in 12 of the 16 main Manhattan retail corridors, while the aggregate average ask...

    MANHATTAN
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    https://RE.report/news-article.aspx?ID=43274327

    ANNUAL HOUSE PRICE GROWTH CONTINUES TO FALL ACROSS THE UK, OFFICIAL DATA SHOWS

    Jul 18, 2018

    The latest official figures confirm that house price growth is slowing across the UK, with Scotland recording the strongest rise in the country. On average house prices increased by 0.1% in May month on month to £226,351 and were up 3% compared to the same month in 2017, but this was a fall fr...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=43224322

    MULTIFAMILY INVESTORS NEED TO GET MORE STRATEGIC ABOUT VALUE-ADD PLAYS

    Jul 18, 2018

    Multifamily investors continue to be eager to purchase value-add apartment assets. The challenge is to find the right property. “Many of the easy deals already have been done,” says Greg Willett, chief economist for Richardson, Texas-based RealPage Inc., a provider of property management...

    REALPAGE INC
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    https://RE.report/news-article.aspx?ID=43234323

    NEW HOME MORTGAGE APPLICATIONS DIVE 8.8 PERCENT IN JUNE

    Jul 17, 2018

    Based on the Mortgage Bankers Association's latest Builder Applications Survey data for June 2018, U.S. mortgage applications for new home purchases decreased 8.8 percent compared to June 2017. Compared to May 2018, applications decreased by 12 percent. This change does not include any adjustmen...

    MORTGAGE BANKERS ASSOCIATION
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    https://RE.report/news-article.aspx?ID=43184318

    PROPERTY SALES INCREASE IN CANADA FOR FIRST TIME IN 2018 BUT STILL AT FIVE YEAR LOW

    Jul 17, 2018

    Residential property sales in Canada increased in June compared with the previous month but are still well down on a year ago while prices also fell on an annual basis, the latest index shows. Overall sales increased by 4.1% from May to June but activity is down 10.7% from June 2017, according to th...

    CANADIAN REAL ESTATE ASSOCIATION
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    https://RE.report/news-article.aspx?ID=43194319

    ANNUAL HOUSE PRICE GROWTH SET TO SLOW TO 3% IN THE UK IN 2018 AND FALL 2% IN LONDON

    Jul 16, 2018

    The average price of a house in the UK is estimated to rise from £221,000 in 2017 to around £285,000 by 2025, according to a new analysis. But house prices in London are projected to fall in the short term, down by 2% in 2018 from 2017, the report from PwC suggests.It also says that only...

    PWC
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    https://RE.report/news-article.aspx?ID=43144314

    TRACKING E-COMMERCE TO A CAREER IN INDUSTRIAL REAL ESTATE BROKERAGE

    Jul 16, 2018

    Doubts of growing your retail brick-and-mortar clientele have you reaching for antacid from the bubble wrap parcel on your porch? Don’t post a “closed” sign on your commercial real estate journey. Instead, consider pivoting to 32-foot clear heights and secured trailer parking. E-co...

    CBRE
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    https://RE.report/news-article.aspx?ID=43154315

    ANOTHER AFFORDABLE PROPERTY OPENS IN ABQ

    Jul 13, 2018

    The Greater Albuquerque Housing Partnership has opened Sterling Downtown, an affordable 107-unit community in Albuquerque, N.M. The opening marks the second fully affordable property to come online in the city over the past month. Three different lenders provided a total of $14.2 million to fund con...

    GREATER ALBUQUERQUE HOUSING
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    https://RE.report/news-article.aspx?ID=43104310

    UBER CAPITAL GROUP SECURES $24M REFINANCING FOR LOGAN VALLEY MALL IN PENNSYLVANIA

    Jul 13, 2018

    Uber Capital Group has secured a $24 million refinancing for Logan Valley Mall in Altoona. Joel J. Gorjian of Uber Capital represented the borrower, a private national commercial real estate investment group, in securing financing from a regional bank based in Pennsylvania. Terms of the loan include...

    UBER CAPITAL GROUP
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    https://RE.report/news-article.aspx?ID=43114311

    A&E REAL ESTATE HOLDINGS ACQUIRES MULTIFAMILY PORTFOLIO IN QUEENS FOR $127.5M

    Jul 12, 2018

    A&E Real Estate Holdings has acquired a six-building, 428-unit multifamily portfolio in Flushing, Queens for $127.5 million. The 388,768-square-foot portfolio sold for 15.3 times the current annual rent roll at a 3.85 percent capitalization rate. Rosewood Realty Group’s Aaron Jungreis repr...

    A&E REAL ESTATE HOLDINGS
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    https://RE.report/news-article.aspx?ID=43044304

    UK PROPERTY MARKET REMAINS SUBDUED WITH SALES DOWN FOR 16 MONTHS IN A ROW

    Jul 12, 2018

    Sales activity in the UK housing market remains subdued and the trend is likely to continue as a slight improvement in supply is expected to be short-lived, according to the latest residential market survey. Newly agreed sales keep on falling and have done so for 16 months in a row, according to the...

    ROYAL INSTITUTION OF CHARTERED SURVEYORS
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    https://RE.report/news-article.aspx?ID=43074307

    MASSHOUSING CLOSES ON $17.6 MILLION IN FINANCING FOR A 61-UNIT BUILDING IN CAMBRIDGE

    Jul 11, 2018

    MassHousing has closed on $17.6 million in financing to Just-A-Start Corporation for the renovation and preservation of affordability at the Close Building in Cambridge. The MassHousing financing will allow Just-A-Start to preserve affordability at all 61 apartments at the Close Building for at leas...

    MASSHOUSING
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    https://RE.report/news-article.aspx?ID=43024302

    SUBDUED HOUSING MARKET SEES GROWTH SLOW IN WALES

    Jul 11, 2018

    The housing market in Wales is slowing with sales down 5% and while prices are up 1% annually, they fell by 4.3% in the second quarter of 2018, the latest index shows. The average house price is now £176,456 and price growth is set to be modest throughout 2018, according to the Principality ho...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=43034303

    AUKUM GROUP BUYS 224-UNIT MULTIFAMILY PROPERTY IN ARIZONA FOR $41M

    Jul 10, 2018

    Aukum Group has purchased Adobe Ridge, has brokered the sale of Adobe Ridge, a multifamily property located in Glendale. The Praedium Group sold the community for $41 million, or $183,036 per unit. Built in 2005, the property features 224 open-concept apartment units with nine-foot ceilings, control...

    AUKUM GROUP
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    https://RE.report/news-article.aspx?ID=42964296

    JPI BREAKS GROUND ON 425-UNIT APARTMENT COMMUNITY IN FRISCO

    Jul 10, 2018

    Irving-based multifamily developer JPI has broken ground on Jefferson at The Gate, a 425-unit apartment community in Frisco. The Class A property is located within The Gate, a master development by Dubai-based Invest Group Overseas that upon completion will include 650,000 square feet of office spac...

    JPI
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    https://RE.report/news-article.aspx?ID=42974297

    LENDERS IN THE UK THINK 10 YEAR MORTGAGE DEALS ARE SET TO BECOME POPULAR

    Jul 09, 2018

    Ten-year mortgage deals look set to become more popular among home movers and those remortgaging in the UK as two major lenders announced new long-term products. The lenders, Lloyds Bank and the Halifax, believe that borrowers are looking for more certainty going forward and are looking beyond the t...

    LLOYDS
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    https://RE.report/news-article.aspx?ID=42924292

    BOSTON APPROVES 252 NEW RESIDENTIAL UNITS

    Jul 09, 2018

    The Boston Planning & Development Agency (BPDA) Board of Directors approved four development projects and three Notices of Project Changes at the June meeting. The projects will generate a total of 252 residential units, 40 of which will be affordable. In addition, the projects will create over ...

    BOSTON PLANNING & DEVELOPMENT AGENCY
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    https://RE.report/news-article.aspx?ID=42954295

    RENTAL GROWTH SLOWS ACROSS THE UK, UP JUST 0.4% IN FIRST HALF OF 2018

    Jul 06, 2018

    Rental growth in the UK has continued to slow, with rents increasing by just 0.4% in the first half of the year, the latest index data shows. The East Midlands and the East of England have led the growth with a rise of 0.95% and 0.70% respectively, according to the Landbay index. At a county level, ...

    LANDBAY
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    https://RE.report/news-article.aspx?ID=42904290

    SAN FRANCISCO HOUSE PRICES GREW THE FASTEST EVER IN THE FIRST HALF OF 2018 AS THE TECH BOOM SHOWS NO SIGNS OF SLOWING

    Jul 06, 2018

    The average price of a house bought in San Francisco rose by $205,000 in the first half of 2018, the largest six-month increase in history, according to MLS data compiled by local real estate agency Paragon. The average house in the city limits now costs $1.62 million. Condo prices also rose by $71,...

    PARAGON
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    https://RE.report/news-article.aspx?ID=42914291

    ACCURATE VALUATION IS THE KEY TO SELLING HOMES IN LESS ACTIVE UK PROPERTY MARKET

    Jul 05, 2018

    A property that is accurately valued is more likely to sell quickly in the current British housing market where activity is slowing, it is claimed. New figures from an independent estate agent form 54 branches suggests that valuation is the key to avoid having to drop the asking price or accept an o...

    ANDREWS GROUP
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    https://RE.report/news-article.aspx?ID=42854285

    NEW DEALS WITH HOUSING ASSOCIATIONS WILL BOOST NEW HOME BUILDING IN ENGLAND

    Jul 05, 2018

    A first wave of strategic partnerships with housing associations have been agreed to boost the building of new affordable homes in England. The landmark deals with eight housing associations will see some 14,280 new homes built by March 2022, according to Homes England, the governmental body respons...

    HOMES ENGLAND
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    https://RE.report/news-article.aspx?ID=42874287

    THOUSANDS OF HIGH STREET ESTATE AGENTS IN THE UK ARE STRUGGLING FINANCIALLY, SAYS NEW STUDY

    Jul 04, 2018

    Hundreds of estate agents have gone out of business in the UK in the last year and 7,000 are showing signs of financial distress as they face fewer sales and online competition, a new study has found. Overall some 27% of traditional High Street estate agents are struggling to survive and one of the ...

    FOXTONS
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    https://RE.report/news-article.aspx?ID=42824282

    FUNDING FOR UNJUSTIFIED NEW LEASEHOLD HOUSES TO END IN ENGLAND

    Jul 03, 2018

    New government funding schemes will no longer be able to use the money for unjustified new leasehold houses, it has been announced, as part of a move to tackle unfair and abuse within the leasehold system. Housing Secretary of State James Brokenshire also announced the release of £450 million ...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=42834283

    U.S. RETAIL VACANCY RATE JUMPS ON TOYS ‘R’ US STORE CLOSINGS

    Jul 03, 2018

    Kids across the country are feeling the absence of Toys “R” Us. Retail landlords, too. The amount of occupied retail real estate in 77 major U.S. metropolitan areas dropped by 3.8 million square feet (350,000 square meters) in the second quarter, the largest decline since 2009, according...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42784278

    ZOM LIVING STARTS CONSTRUCTION ON DALLAS LUXURY COMMUNITY

    Jul 03, 2018

    ZOM Living, in a joint venture with affiliates of Daiwa House Texas Inc. and Itochu Corp., has begun construction on ATELIER, a 364-unit mixed-use luxury community in Dallas. Balfour Beatty serves as general contractor, while Fifth Third Bank and SunTrust Bank provided construction financing. Stante...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42794279

    U.S. MORTGAGE RATES DIP AGAIN IN LATE JUNE

    Jul 02, 2018

    According to Freddie Mac's June 2018 Primary Mortgage Market Survey, U.S. mortgage rates declined over the past week and have now retreated in four of the past five weeks. Sam Khater, Freddie Mac's chief economist, says mortgage rates have settled down and stabilized these last two months. &...

    WORLD PROPERTY JOURNAL, INC
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    https://RE.report/news-article.aspx?ID=42724272

    WHERE IS SMART HNW MONEY GOING?

    Jul 02, 2018

    In March, commercial real estate lender Money360 Inc. polled family offices, hedge fund managers, wealth managers and other attendees at the ALTSLA alternative investments conference. The folks at Money360 wanted to find out where the “smart money” is going. The survey showed that half o...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42734273

    PAC BUYS 140-UNIT TX STUDENT HOUSING

    Jun 29, 2018

    Preferred Apartment Communities (PAC) has acquired The Bloc, a 556-bed student housing community serving students at Texas Tech University in Lubbock, Texas. The company purchased the asset through its subsidiary Preferred Campus Communities. Located at 707 Ave. T, on approximately 3.4 acres, the 10...

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    https://RE.report/news-article.aspx?ID=42704270

    JV LANDS $72M FOR HOUSTON PROPERTY

    Jun 29, 2018

    A partnership of the Dinerstein Cos. and Coventry Real Estate Advisors has obtained a $72 million senior loan to refinance Millennium High Street. The property is a 340-unit multifamily asset with about 26,000 square feet of ground-floor retail on 4410 Westheimer Road in the Inner Loop/River Oaks su...

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    https://RE.report/news-article.aspx?ID=42714271

    DOMINIUM SECURES $96M FOR TWIN CITIES AFFORDABLE HOUSING

    Jun 28, 2018

    Dominium, an affordable housing development, and management company have obtained tax-credit financing to develop the former Weyerhaeuser lumber site in St. Paul, Minn., into affordable housing apartments. The financing totals more than $96 million. The development will include 241 affordable units ...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42664266

    SECURITY PROPERTIES NABS PUGET SOUND APARTMENTS FOR $54M

    Jun 28, 2018

    A partnership between Security Properties and a university endowment acquired Marq on Martin, a 248-unit, Class A multifamily property in Lacey, Wash., for $54.5 million. With the deal, Security Properties ups its Puget Sound Portfolio to 18 properties totaling more than 4,000 units. “We were ...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42674267

    SENIORS HOUSING REITS, FACING NEAR-TERM HEADWINDS, PIVOT AWAY FROM ACQUISITIONS

    Jun 22, 2018

    Lately, seniors housing REITs have been doing a lot of pruning. By and large, they’ve been trimming more assets than they’ve been acquiring. And it looks as though they’re not going to be putting away the pruning shears anytime soon. As of early June, Irvine, Calif.-based seniors h...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42584258

    FANNIE-FREDDIE RISE AS WHITE HOUSE PROPOSES PRIVATIZATION

    Jun 22, 2018

    The Trump administration wants Congress to remove the federal charters for Fannie Mae and Freddie Mac as part of a plan to release the mortgage giants from U.S. control, according to a sweeping proposal for reorganizing the government released Thursday. The two companies, which have been under U.S. ...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42594259

    MIAMI LUXURY HOME SALES SPIKE 24 PERCENT ANNUALLY IN MAY

    Jun 21, 2018

    According to the Miami Association of Realtors, total Miami luxury home sales rose 24.1 percent year-over-year in May as existing condominium sales rose for the second consecutive month. Total Miami luxury sales ($1 million-and-above) increased from 158 to 196 in May 2018, a rise of 24.1 percent. Co...

    WORLD PROPERTY JOURNAL, INC
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    https://RE.report/news-article.aspx?ID=42544254

    TEN-X COMMERCIAL SURPASSES $20 BILLION PROPERTY SALES MARK

    Jun 21, 2018

    Irvine, Ca-based Ten-X Commercial announced this week that they have handled over $20 billion in commercial real estate transactions since the platform's inception. As the real estate industry continues to embrace technology solutions, the Ten-X Commercial platform (formerly known as Auction.com...

    WORLD PROPERTY JOURNAL, INC
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    https://RE.report/news-article.aspx?ID=42554255

    THE SHORTAGE OF AFFORDABLE RENTAL HOUSING IN THE U.S. CONTINUES UNABATED, STUDY SHOWS

    Jun 20, 2018

    The U.S. continues to have a very bifurcated apartment sector. People who live in luxury, class-A apartments can often afford to pay more for their housing, but many property managers don’t dare hike the rents. That’s because residents often have lots of choices when it comes to where th...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42504250

    PENSION FUNDS HUNT FOR HIGHER YIELDS IN CRE

    Jun 20, 2018

    Pension funds still have a healthy appetite for the commercial real estate, with firms raising allocations even as industry returns decline. “Institutions with large portfolios don’t turn on a dime, but there has definitely been a trend upwards in terms of allocations to real estate over...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42514251

    COLUMBIA PROPERTY TRUST CEO DISCUSSES THE STATE OF THE OFFICE MARKET

    Jun 19, 2018

    Like most office landlords, the office REIT Columbia Property Trust is keeping an eye on the drama revolving around where Amazon will put its sought-after second headquarters, dubbed HQ2. Nelson Mills, the REIT’s president and CEO, is among the interested observers. And he might be a bit more ...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42464246

    MULTIFAMILY COMMUNITY WITH 753 UNITS TRADES HANDS IN INDIANAPOLIS

    Jun 19, 2018

    Tikijian Associates has brokered the sale of The Cottages of Fall Creek, a 753-unit apartment community in Northeast Indianapolis. The brokerage firm worked on behalf of the seller, Shamrock Communities, who acquired the property earlier this year for an undisclosed amount. According to Yardi Matrix...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42474247

    NC SENIOR HOUSING COMMUNITY RECEIVES $14M LOAN

    Jun 18, 2018

    KeyBank Real Estate Capital has provided a $13.5 million Fannie Mae, the first mortgage loan for the refinancing of Chatham Ridge Assisted Living in Chapel Hill, N.C. The assisted living and memory care facility was built in 2015 and features 60 units. The fixed-rate loan with a 10-year term and two...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42414241

    BERKADIA ARRANGES $19M REFI FOR TUCSON PROPERTY

    Jun 18, 2018

    Berkadia has arranged $19.2 million in financing for Enclave at the Foothills, a 300-unit multifamily garden-style property in Tucson, Ariz. Managing Director Ed Kim of Berkadia’s Irvine office secured the refinancing through Freddie Mac. The 10-year loan features five years of interest-only a...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42424242

    DRUGSTORE CHAINS ADAPT NEW REAL ESTATE STRATEGIES TO COMPETE WITH ONLINE SELLERS

    Jun 14, 2018

    The country’s two major drugstore chains, CVS Pharmacy and Walgreens, are not immune to the impact of Amazon, which is eager to get a slice of the lucrative pharmaceutical pie, and other online retailers. “Drugstores are not internet-resistant retailers, and as such, they need to closely...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42384238

    CHINA TRADE WAR THREAT MAY HAVE DIED DOWN, BUT CRE IS STILL ON THE FRONT LINES

    Jun 14, 2018

    The fate of the off-again, on-again specter of an impending U.S.-China trade war may be uncertain, but regardless of what happens with tariffs and exports, the U.S. commercial real estate industry continues to feel the effect of both China’s cold shoulder and the stricter U.S. regulatory envir...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42394239

    $39M AFFORDABLE HOUSING BREAKS GROUND IN LA

    Jun 13, 2018

    Following the debut of the 72-unit Zinnia, an affordable community in Signal Hill, Calif., Meta Housing Corp. has kicked off construction on Whittier & Downey SE, a 71-unit affordable housing community in East Los Angeles. The new development will feature permanent supportive housing and 3,400 s...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42334233

    NHP FOUNDATION LANDS $9M LOAN FOR AFFORDABLE MD PURCHASE

    Jun 13, 2018

    The NHP Foundation (NHPF) received an $8.7 million loan for the acquisition of Princess Anne Townhouses in Somerset County, Md. The 105-percent loan-to-value deal came through the National Affordable Housing Trust, in partnership with the Low-Income Investment Fund and Morgan Stanley. Located at 304...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42344234

    894-BED STUDENT HOUSING ASSET TRADES IN FL

    Jun 12, 2018

    The Retreat at Orlando, a 221-unit student housing community in Orlando, Fla., has changed hands. Inland Private Capital Corp. (IPC), on behalf of its subsidiary—serving as the property manager—secured the sale on behalf of one of its 1031 investment programs. Located at 11037 Retreat Av...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42294229

    JLL REIT BUYS COMMUNITY IN DALLAS’ PLATINUM CORRIDOR

    Jun 12, 2018

    JLL Income Property Trust has acquired the Villas at Legacy, a 328-unit community in Plano, Texas. Crow Holdings sold the property, according to Yardi Matrix. The apartments are in Dallas’ Platinum Corridor, within Legacy Business Park. Villas at Legacy was completed in 1999 and is located at ...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42304230

    $21M NY AFFORDABLE HOUSING REDEVELOPMENT OPENS

    Jun 11, 2018

    New York State Homes and Community Renewal and Wilder Balter Partners have opened Chappaqua Crossing Apartments, a $21 million affordable housing community in the Chappaqua section of New Castle, Westchester County, New York. The project was built by redeveloping the site of the former Reader’...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42254225

    CAPITAL ONE ORIGINATES $37M FOR 2 AL PROPERTIES

    Jun 11, 2018

    Bethesda, Md.-based Capital One has originated a combined $37 million in acquisition loans for two properties in Alabama. Capital One provided a $26.5 million Fannie Mae fixed-rate loan to EBSCO Income Properties, which leveraged the loan to purchase a Class A, 336-unit apartment community called Th...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42264226

    ASSET CAMPUS TO MANAGE MI STUDENT HOUSING

    Jun 08, 2018

    SmartStop Asset Management has selected Asset Campus Housing to oversee operations at the firm’s 411 Lofts, a 345-bed student housing community in Ann Arbor, Mich. SmartStop acquired the building in February for $43.8 million from The Dinerstein Cos., according to public records. Last year, Sm...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42194219

    DALLAS SENIOR HOUSING COMMUNITY LANDS $26M LOAN

    Jun 08, 2018

    KeyBank Real Estate Capital has provided $26 million in first mortgage financing for Churchill Estates of Lake Highlands, a 175-unit senior property in Dallas. The Freddie Mac floating-rate acquisition loan, with a seven-year term, has a four-year interest only period and a 30-year amortization sche...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42204220

    HNA SAID TO SELL U.S. BUILDING TO SAMSUNG FOR $320 MILLION

    Jun 07, 2018

    HNA Group Co. sold a Minneapolis office tower to a unit of South Korea’s Samsung Group for $320 million, according to a person familiar with the matter. The building at 33 South Sixth Street, which counts Target Corp. as its biggest tenant, was sold to Samsung SRA Asset Management for about $5...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42174217

    FCP SELLS SUBURBAN DC COMMUNITY FOR $25M

    Jun 07, 2018

    Aulder Capital has purchased River Pointe, a 170-unit property in Fort Washington, Md., from FCP. Transwestern brokered the $24.5 million deal on behalf of the seller. According to Yardi Matrix, FCP purchased the asset back in 2011, for $15.2 million. The property is located at 8340 Indian Head High...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42184218

    HEALTHCARE GOES RETAIL ACROSS THE VALLEY

    Jun 06, 2018

    There is no question that the healthcare industry is in the midst of an ongoing transformation as business models shift towards keeping patients well and technological advances shake things up with new systems, procedures, and treatments. Healthcare facilities are aging, which has made renovations c...

    AZ BIG MEDIA
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    https://RE.report/news-article.aspx?ID=42134213

    CRESCENT MIDTOWN REPLACING CENTRAL PHOENIX HOMES

    Jun 06, 2018

    Piles of rubble dot the ground where 20 homes once stood in central Phoenix as Chasse Building Team began demolition work on June 1 on the 3.6-acre site that will become a 329-unit apartment complex. Crescent Midtown is the latest development by Charlotte, N.C.-based Crescent Communities and follows...

    AZ BIG MEDIA
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    https://RE.report/news-article.aspx?ID=42144214

    MULTIFAMILY INVESTORS FACE A CUTBACK IN LOAN SIZE

    Jun 05, 2018

    Rising interest rates are already making a difference for apartment properties. Borrowers can no longer secure the large permanent loans that have become used to. “Delivering full-leverage loans has become a challenge,” says Dustin Dulin, managing director in the capital markets platform...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42094209

    CBRE BROKERS SALE, FINANCING OF 171-UNIT AFFORDABLE ASSET

    Jun 05, 2018

    CBRE Affordable Housing has arranged the sale and financing of Ventana, a 171-unit affordable property in Kent, Wash. Peak Capital Partners sold the asset for $18.9 million. Tim Flint, senior vice president at CBRE Affordable Housing, represented the seller, Ridgeview Partners LP. Jim Flinn, also se...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42104210

    PHILADELPHIA STUDENT HOUSING OBTAINS $35.8M REFI

    Jun 04, 2018

    Grandbridge Real Estate Capital has facilitated a $35.84 million loan secured by The Edge, a student housing property in Philadelphia. Freddie Mac supplied the floating-rate loan for a private borrower. Built in 2006, the property is situated on a 1.7-acre parcel immediately south of Temple Universi...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42054205

    LAS VEGAS-AREA LUXURY COMMUNITY FETCHES $59M

    Jun 04, 2018

    JLL has arranged the $59.3 million sales` of Montecito Pointe, a 336-unit luxury apartment community located in Northwest Las Vegas. Managing Directors John Cunningham and Charles Steele facilitated the transaction on behalf of seller The Bascom Group. RK Properties purchased the community and, acco...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=42064206

    MANUFACTURED HOME REITS OUTPERFORM THE MARKET

    Jun 01, 2018

    REITs in the infrastructure, data center, and industrial sectors have been basking in REIT glory for some time but manufactured home REITs deserve some attention too. Last year, the three publicly-traded manufactured home REITs posted overall returns of nearly 25 percent, according to trade group Na...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42014201

    EAST COAST PORTS MAY BENEFIT FROM TARIFFS ON CHINESE IMPORTS

    Jun 01, 2018

    U.S. seaports experienced a banner year in 2017 for imports and exports, according to a report from real estate services firm Colliers International, keeping industrial real estate around ports near full occupancy. Industrial markets surrounding the nine major seaports covered by the report continue...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=42024202

    WINNDEVELOPMENT OPENS $29M NY SENIOR HOUSING

    May 31, 2018

    WinnDevelopment has completed The Landmark at Sibley Square, an affordable senior housing community in Rochester, N.Y. The $28.5 million project broke ground in July 2016 and move-ins began in January of this year. The property occupies the seventh and eighth floors of Sibley Tower, a 1.1 million-sq...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41974197

    BALTIMORE AFFORDABLE SENIOR PROPERTY LANDS $33M HUD LOAN

    May 31, 2018

    Cambridge Realty Capital Cos. has structured a $32.8 million HUD-insured loan for the purchase and partial upgrade of Zion Towers in Baltimore. According to Yardi Matrix data, National Preservation Housing Partners purchased the 211-unit affordable senior housing community from SHP Acquisitions, for...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41984198

    LUXURY MULTIFAMILY COMMUNITY RECEIVES $40M LOAN

    May 30, 2018

    Peyton Stakes, a luxury apartment community in Nashville, Tenn., has received a $39.9 million Fannie Mae first-mortgage loan. KeyBank Real Estate Capital’s Robert Prouty arranged the 10-year, fixed-rate, interest-only loan on behalf of the undisclosed borrower. The financing was used to facili...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41934193

    CA SENIOR LIVING TO EXPAND WA COMMUNITY

    May 30, 2018

    Chicago-based CA Ventures’ senior housing division CA Senior Living LLC is launching an expansion of Quail Park of Lynnwood, a senior housing community in Lynnwood, Wash., a Seattle suburb. The expansion will nearly double the number of units in the community. The current 130 units will be exp...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41944194

    MN AFFORDABLE HOUSING SECURES $16M

    May 29, 2018

    Developer Real Estate Equities, which is based in metro St. Paul, Minn., has obtained a $16.1 million HUD 221(d)(4) loan for the construction of Eastgate Apartments in Rochester, Minn. The property is a 135-unit affordable housing development. Eastgate Apartments will open in the summer of 2019 with...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41884188

    HUNT MORTGAGE SECURES $17M FOR 3 CA PROPERTIES

    May 29, 2018

    Hunt Mortgage Group has facilitated two Freddie Mac Small Balance Loans and a Fannie Mae Conventional Green mortgage to refinance a three-property multifamily portfolio in Bakersfield, Calif. The loans, all to private borrowers, total about $17 million. The properties include the 200-unit Village La...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41894189

    CLEVELAND LUXURY PROPERTY RECEIVES $93M REFI

    May 25, 2018

    Bellwether Enterprise has closed a $93 million refinancing loan for Flats at East Bank Apartments, a luxury multifamily and retail property in Cleveland, Ohio. The credit facility, originated by Rialto for Wolstein Group, was used to refinance a bridge loan arranged for the property in 2017 by Bellw...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41824182

    HTG SECURES FINANCING FOR AFFORDABLE FL COMMUNITY

    May 25, 2018

    Housing Trust Group has broken ground on Freedom Gardens’ second phase, an affordable housing project in Brooksville, Fla. The company has also secured financing for the development, which will include the construction of more than 90 units. The project is slated for completion by June 2019. H...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41834183

    MANHATTAN NURSING FACILITY LANDS RECORD $127M FHA LOAN

    May 25, 2018

    KeyBank Real Estate Capital has provided $127 million in FHA 232/223(f) financing for the 499-bed Upper East Side Rehabilitation and Nursing Center in Manhattan. The loan represents the largest financing for a single asset within the U.S. Department of Housing and Urban Development’s (HUD) FHA...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41854185

    METROPOLITAN AMERICA SELLS NJ ASSET FOR $22M

    May 25, 2018

    Metropolitan America has sold Robert Towers, an 11-story multifamily property in East Orange, N.J., for $22 million, or $106,796 per unit. The company previously purchased the community in October 2011 from Shamco Management for $9.1 million. Located at 60 S. Munn Ave., the 206-unit asset features s...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41864186

    CAMPUS FIRST BUYS FL STUDENT HOUSING ASSET

    May 24, 2018

    Campus First Student Living, a CF Real Estate Services LLC division, has acquired Campus Club North and South, two student housing communities totaling 612 beds in Tampa, Fla. The company will rebrand the property as University LinQ North and South. In January, the company purchased another Florida ...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41794179

    BRONX LOW INCOME HOUSING FOR LGBT SENIORS UNDERWAY

    May 24, 2018

    Services and Advocacy for GLBT Elders (SAGE) and HELP USA have broken ground on the $41.4 million Crotona Senior Residences, an 84-unit, LGBT-friendly, low-income senior housing in the Bronx, N.Y. “SAGE is thrilled to break ground on this development with our partners, HELP USA, and all of our...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41804180

    2 GA STUDENT HOUSING ASSETS RECEIVE $30M RECAP LOAN

    May 23, 2018

    HFF has arranged a $30.4 million seven-year, floating-rate loan for River Club Apartments and River Club Townhomes, two Athens, Ga.-based student housing properties totaling 1,143 beds. The communities operate as a single property. Senior Managing Directors David Keller and Mark Sixour were part of ...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41754175

    MARCUS & MILLICHAP BROKERS SALE OF NEW FL ASSET

    May 23, 2018

    After recently arranging the sale of two communities in Sarasota, Fla., Marcus & Millichap has facilitated the transaction of The Alexander at Sabal Point, a new 286-unit multifamily property in Longwood, Fla. Casey Babb, first vice president of investments in Marcus & Millichap’ s Tam...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41764176

    JV DEBUTS DC AFFORDABLE HOUSING

    May 22, 2018

    A joint venture of Somerset Development Co., New Community Partners, and Jonathan Rose Cos. has opened Portner Flats in Washington, D.C., a new affordable housing high-rise built on the former site of Portner Place Apartments. The community was designed by Eric Colbert & Associates. Eagle Point ...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41714171

    ARA NEWMARK FACILITATES ORLANDO LUXURY ASSET TRANSACTION

    May 22, 2018

    Following the company’s involvement in the disposition of a 336-unit luxury community in San Antonio earlier this year, ARA Newmark has brokered the sale of Axis West, a 268-unit luxury asset in Orlando, Fla. Director Scott Ramey and Executive Managing Directors Patrick Dufour and Kevin Judd r...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41724172

    CBRE’S HEAD OF AMERICAS RESEARCH OFFERS A CONTRARIAN VIEW ON RETAIL REITS

    May 21, 2018

    Spencer Levy, head of America's research at commercial real estate services firm CBRE, makes it clear that he’s not in the business of giving stock tips. Nonetheless, he certainly has his favorite sectors among public and private REITs. Industrial and multifamily top Levy’s list of s...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=41674167

    LIFE CARE SERVICES TAPPED TO MANAGE $215M FL SENIOR HOUSING

    May 21, 2018

    Ocean Land Investments has tapped Life Care Services (LCS) to provide development consulting, management services and marketing for its $215 million Riverwalk Residences of Las Olas, a high-rise senior housing project in downtown Fort Lauderdale, Fla. LCS Development will provide the consulting and ...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41684168

    REAL ESTATE PROS REMAIN OPTIMISTIC HEADING TO THIS YEAR’S RECON

    May 18, 2018

    Amid decreasing investor interest in retail properties and negative outlook for retail real estate, real estate professionals and retailers expect deal-making to continue as usual—if not better than—previous years at ICSC’s annual RECon convention next week in Las Vegas. “I t...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=41634163

    HFF SECURES $47M LOAN FOR OR LUXURY PROPERTY

    May 18, 2018

    After securing a 10-year, floating-rate loan for a 166-unit community in Portland, Ore., HFF has arranged a $47.4 million loan in a joint venture equity partnership with Diamond Realty Investments for the construction of 100 Columbia, a 347-unit development in Portland, Ore. The company’s equi...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41644164

    8-PROPERTY IDAHO STUDENT HOUSING PORTFOLIO TRADES HANDS

    May 17, 2018

    The Rexburg Portfolio, an eight-property, 1,546-bed student housing portfolio in Rexburg, Idaho, has traded hands between private parties. Danny Shin and Brock Zylstra with Marcus & Millichap represented the seller, a Seattle-based firm, and procured the buyer, a company based in Utah. The prope...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41594159

    SENIOR/MULTIFAMILY LUXURY COMMUNITY APPROVED IN DAYTON

    May 17, 2018

    Sugarcreek Township, Ohio trustees unanimously approved the construction of The Grand of Sugarcreek and Rollandia Greene, a 242-unit luxury senior living and a 276-unit multifamily community, respectively, in the southeastern part of Dayton, Ohio. The $60 million project is being developed by Guttma...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41604160

    LINCOLN PROPERTY SECURES $96M FOR VA ASSET

    May 16, 2018

    A group of investors led by Lincoln Property Co. had obtained $95.5 million in acquisition financing for Meridian at Carlyle, a 16-story, 403-unit apartment building in Alexandria, Va. The financing came in the form of a five-year, floating-rate loan with MetLife Investment Management. Meridian at C...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41554155

    MAZIS FAMILY TRUST BUYS 19-UNIT SAN DIEGO COMMUNITY

    May 16, 2018

    Mazis Family Trust has bought a 19-unit apartment community in San Diego’s University Heights neighborhood for $5.3 million from Kathryn Hattox Trust. Kidder Mathews Senior Vice President Eric Comer, Executive Vice President Jim Neil, and Senior Vice President Merrick Matricardi represented th...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41564156

    DENVER AFFORDABLE HOUSING SECURES $50M

    May 15, 2018

    Koelbel and Co., Mile High Development and Longs Peak Advisors have obtained $49.7 million in financing to complete the development of Eaton Street Apartments, a 118-unit affordable housing community in Westminster, Colo., a suburb of Denver. The financing breaks down into a $24.8 million constructi...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41514151

    ERC COS. BREAKS GROUND ON MO LUXURY APARTMENTS

    May 15, 2018

    ERC Companies has broken ground on the PURE St. Peters Apartments, a 143-unit luxury apartment community in St. Peters, Mo. “ERC is known for providing cost-effective housing options with a sense of place,” Justin VanLandschoot, ERC’s chief investment officer, told MHN. Located at ...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41524152

    SFR INVESTORS ARE FILLING THE PIPELINE WITH NEW DEVELOPMENT

    May 14, 2018

    After building a business by scooping up hundreds of thousands of homes nationally to assemble vast portfolios of single-family housing, some investors are now taking the next step and building new homes to meet rental demand.  “The build-to-rent market has started to expand significantly...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=41474147

    SOUTH TEXAS COMMUNITY RECEIVES $40M REFI

    May 14, 2018

    Watermark Residential has secured $40 million in refinancing for Retreat by Watermark, a 324-unit property in Corpus Christi, Texas. Meridian Capital Group facilitated the transaction. According to Yardi Matrix, Rialto Capital Management provided the loan. The negotiating team included Senior Vice P...

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    https://RE.report/news-article.aspx?ID=41484148

    GSP DEVELOPMENT TO TRANSFORM FL OFFICES TO APARTMENTS

    May 11, 2018

    GSP Development is developing Apex 1100, a mixed-use building in Clearwater, Fla., that will feature 134 high-end units and 4,300 square feet of retail space. McShane Construction Co. has been named the project’s construction firm. Apex 1100 units will include two-story townhomes and single-st...

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    https://RE.report/news-article.aspx?ID=41424142

    GOLDMAN SACHS BUYS AZ LUXURY PROPERTY

    May 11, 2018

    Goldman Sachs Asset Management Private Real Estate (GSAM PRE) has acquired Hanover Mill Avenue, a multifamily community in Tempe, Ariz., from The Hanover Co. This purchase marks the firms 16th investment, bringing its total to 3,948 units across the U.S. “The Phoenix market has experienced str...

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    https://RE.report/news-article.aspx?ID=41434143

    AFFORDABLE MN PROPERTY LANDS $6M CONSTRUCTION LOAN

    May 10, 2018

    Dougherty Mortgage’s Minneapolis office has closed a $5.6 million HUD 221(d)(4) loan for the construction of Thomas Avenue Flats in St. Paul, Minn. In addition to the HUD-insured first mortgage, the 51-unit affordable housing property will be built using equity from the sale of Low-Income Hous...

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    https://RE.report/news-article.aspx?ID=41374137

    SOUTH BAY LUXURY COMMUNITY SELLS FOR $107M

    May 10, 2018

    TH Real Estate, an affiliate of Nuveen—the investment manager of TIAA—has purchased Villas on the Boulevard, a 186-unit, class A property in Santa Clara, Calif. SummerHill Apartment Communities sold the property for $107.3 million, Yardi Matrix data shows. The property, designed by KTGY ...

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    https://RE.report/news-article.aspx?ID=41384138

    WINNCOMPANIES REDEVELOPS 2 DC AFFORDABLE HOUSING PROPERTIES

    May 09, 2018

    The redevelopment of Atlantic Gardens and Atlantic Terrace apartments, previously two affordable housing properties in Washington, D.C., has been completed, and they have been combined and renamed Atlantic Apartment Homes. The two-year, $69 million effort by multifamily specialist WinnCompanies comp...

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    https://RE.report/news-article.aspx?ID=41344134

    WODA COOPER OPENS PARTIALLY AFFORDABLE MICHIGAN COMMUNITY

    May 09, 2018

    A former public school in Portland Mich., that was transformed into multifamily apartments is ready to welcome its first residents. Located at 306 Brush St., Portland School Apartments was developed by Woda Cooper Cos. The firm transformed the building, which has been vacant since 1996, into a 29-un...

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    https://RE.report/news-article.aspx?ID=41354135

    CHICAGO TOWER SLATED TO BECOME TALLEST ALL-RESIDENTIAL BUILDING IN CITY

    May 08, 2018

    One Bennett Park, a residential development at 451 E. Grand Ave. in Chicago’s Streeterville neighborhood, recently reached a construction milestone with the completion by general contractor Lendlease of its structural steelwork. When fully completed next year, the structure will be Chicago&rsq...

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    https://RE.report/news-article.aspx?ID=41304130

    SOLOW BUILDING LAUNCHES LUXURY NYC CONDO SALES

    May 08, 2018

    Solow Building Co. has launched the sales at 685 First Ave. in Midtown East, the company’s first luxury condominium project. The 43-story tower comprises 148 apartments, with prices beginning at $1.5 million. The property offers a sleek design with layered black glass rising 460 feet. The fa&c...

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    https://RE.report/news-article.aspx?ID=41314131

    NHI ACQUIRES OHIO SENIOR HOUSING PORTFOLIO FOR $70M

    May 07, 2018

    National Health Investors Inc. (NHI) has bought five assisted living and memory care communities in Columbus, Ohio, Cleveland and Erie, Pa., for $69.7 million, which include $500,000 in capitalized transaction costs and $1.8 for capital improvements. Totaling 320 units, the communities will be lease...

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    https://RE.report/news-article.aspx?ID=41264126

    NJ MULTIFAMILY DEVELOPMENT LANDS $31M LOAN

    May 07, 2018

    Capodagli Property Co. has landed a $31 million loan to construct the first, 172-unit phase of Meridia Brownstones, a 487-unit planned community in northern New Jersey. Avison Young secured the construction mortgage from Sterling National Bank on the borrower’s behalf. Capodagli acquired the p...

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    https://RE.report/news-article.aspx?ID=41274127

    BAINBRIDGE OPENS 200-UNIT LUXURY COMMUNITY IN RALEIGH

    May 04, 2018

    The Bainbridge Cos. has opened the doors of Bainbridge Lake Crabtree, a 200-unit upscale community in Morrisville, N.C. The live-work-play property is now leasing. Located at 2599 Evans Road, Bainbridge Lake Crabtree provides easy access to Research Triangle Park, downtown Raleigh, downtown Durham, ...

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    https://RE.report/news-article.aspx?ID=41214121

    BASCOM GROUP NABS CA PROPERTY FOR $33M

    May 04, 2018

    Irvine, Calif.-based private equity firm The Bascom Group LLC has acquired Sunset Cove Apartments in Costa Mesa, Calif. The 123-unit, 48-year-old infill apartment community was acquired for $33.3 million in a transaction that closed April 30. Sunset Cove Apartments is situated in a burgeoning Westsi...

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    https://RE.report/news-article.aspx?ID=41224122

    L5 INVESTMENTS BUYS SUBURBAN SEATTLE PROPERTY FOR $15M

    May 03, 2018

    L5 Investments has acquired Montrose Apartment Community for $15.4 million. The 97-unit property is at 220 S. 152nd Street in Burien, Wash., a suburb of Seattle in south King County. Originally built in 1963, the community is on nearly three acres and includes seven three-story buildings. The unit m...

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    https://RE.report/news-article.aspx?ID=41174117

    OLYMPUS PROPERTY LAUNCHES 8TH FUND

    May 03, 2018

    Olympus Property has launched its eighth fund with the acquisition of three multifamily communities: Alta Steelyard in Chandler, Ariz.; Sundance Creek in Midland, Texas; and Sedona Ranch in Odessa, Texas. These properties add 869 units to the company’s portfolio. Located at 155 East Frye Road,...

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    https://RE.report/news-article.aspx?ID=41184118

    SMALL BALANCE CRE BORROWERS FIND OPEN DOORS

    May 02, 2018

    Borrowers looking to finance deals under $5 million are finding plenty of options beyond just their local banker. As capital markets have become increasingly crowded, competition to place capital is pushing some lenders to reach down and do smaller balance loans. “The mortgage bankers are real...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=41134113

    WA PROPERTY LANDS $11M FREDDIE MAC REFI

    May 02, 2018

    The Commons at Innovation Center, a 150-unit multifamily property in Richland, Wash., has received $11.3 million in financing, in a transaction brokered by CBRE’s Seattle office. The community is part of the 1,700-acre Tri-Cities Research District, which includes major property owners, such as...

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    https://RE.report/news-article.aspx?ID=41144114

    BRACK CAPITAL COMPLETES NYC CONDOS

    Apr 30, 2018

    Sales have started at 90 Morton Residences in the West Village neighborhood of Manhattan, with developer Brack Capital Real Estate tapping Reuveni Real Estate to spearhead the effort. The project is a complete redevelopment of a 130,000-square-foot abandoned 1911 print house into condominiums, desig...

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    https://RE.report/news-article.aspx?ID=41094109

    MARCUS & MILLICHAP FACILITATES CA TOWNHOMES SALE

    Apr 30, 2018

    After arranging the $1.3 million sale of Fifth Avenue Courtyard in St. Petersburg, Fla., Marcus & Millichap has facilitated the sale of Granada Pointe Townhomes in Los Angeles’ Granada Hills neighborhood. The community sold for $21.5 million, or $413,462 per unit.  Marcus & Millic...

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    https://RE.report/news-article.aspx?ID=41104110

    RELATED ACQUIRES $590M AFFORDABLE HOUSING PORTFOLIO FROM AIMCO

    Apr 27, 2018

    Related Companies has acquired 7,837 affordable housing units from AIMCO. The apartments span across 51 properties in 16 different states. The affordable housing division of the firm, Related Affordable, entered into an agreement to purchase Aimco’s Asset Management portfolio and four affordab...

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    https://RE.report/news-article.aspx?ID=41044104

    ECONOMY WATCH: U.S. APARTMENT MARKET UNEVEN IN Q1

    Apr 27, 2018

    The apartment market continues to show signs of softening, according to the April National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions, which was released on Wednesday. Three of the four indexes calculated by the survey (Market Tightness, Sales Volume and Debt...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=41054105

    WAYPOINT EXPANDS SENIOR HOUSING PORTFOLIO

    Apr 26, 2018

    Waypoint Residential has acquired The Claiborne at Adelaide, a senior living community in Starkville, Miss. This purchase marks the firms second senior housing investment by Waypoint. Located at 74 Claiborne Way, the 82-unit community offers studio, one-, two- and three-bedroom floorplans ranging fr...

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    https://RE.report/news-article.aspx?ID=40994099

    SEARS’ REMAINING STORES MAY NOT GARNER MUCH DEMAND, AS RETAILER FACES NEW STRUGGLES

    Apr 26, 2018

    Sears Holding Corp. CEO Eddie Lampert is not giving up on the idea that Sears, which has struggled as a retailer for years, still holds untapped value in its remaining real estate. In an April 23 letter to Sears’ board of directors, Lampert proposed that ESL Investments, the hedge fund that he...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=41004100

    WHICH OFFICE REITS STAND TO GAIN THE MOST FROM AMAZON’S HQ2 CHOICE?

    Apr 25, 2018

    In economic development circles, today’s most popular guessing game centers on where e-commerce goliath Amazon will put its highly coveted second headquarters. Will it be in Washington, D.C.? Or will Atlanta win the Amazon derby? And how about Boston? In all, 20 finalists—encompassing 16...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=40954095

    CAMBA DEBUTS $100M BROOKLYN AFFORDABLE HOUSING

    Apr 25, 2018

    CAMBA Housing Ventures and CAMBA have opened CAMBA Gardens Phase II, an affordable housing community in Brooklyn’s Wingate section. This project is the continuation of CAMBA Gardens Phase I, which was completed in October 2013. Located on the campus of NYC Health + Hospitals’ Kings Count...

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    https://RE.report/news-article.aspx?ID=40964096

    CONTINENTAL PROPERTIES DEBUTS LOUISANA APARTMENTS

    Apr 24, 2018

    Continental Properties has completed the Springs at Country Club, a newly developed apartment community in Lake Charles, La. Doster Construction Co. finished building the 252-unit property on behalf of the developer. The two companies are currently partnering on four other communities, including the...

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    https://RE.report/news-article.aspx?ID=40914091

    GREYSTEEL SECURES $9M REFI FOR LA COMMUNITY

    Apr 24, 2018

    Greysteel has secured the refinancing of Appletree Village Apartments, a 125-unit affordable housing community in North Hills, a neighborhood of Los Angeles. The company secured the 12-month, $9 million balance sheet bridge loan as a means to an FHA 223(f) execution on behalf of a Los Angeles-based ...

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    https://RE.report/news-article.aspx?ID=40924092

    FAITH ORGANIZATIONS PARTNER WITH PRIVATE DEVELOPERS TO BUILD AFFORDABLE HOUSING

    Apr 23, 2018

    Since the 1970s, St. John’s Global Ministries of the Kingdom, a 93-year-old Baptist church in Queens, has sought to build a new church and develop an unused lot. Now, with the help of the Local Initiatives Support Corporation NYC (LISC), a local affordable housing group providing technical ass...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=40874087

    DEMMON PARTNERS SNAPS UP SACRAMENTO APARTMENTS FOR $33M

    Apr 20, 2018

    Demmon Partners has acquired 16 Powerhouse, a multifamily property in the urban core of Sacramento, Calif., for $32.5 million. The seller was D&S Development. Units in the property average over 1,000 square feet, which is large for the market. 16 Powerhouse is a five-story community with 50 one-...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=40814081

    MIAMI LUXURY DEVELOPMENT RECEIVES $58M LOAN

    Apr 20, 2018

    Estate Investment Group (EIG) has secured $57.8 million in construction financing for the development of Soleste Twenty 2, a 338-unit luxury rental community in West Miami, with an estimated completion date scheduled for mid-2019. The developer arranged the loan through Florida Community Bank. Locat...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=40824082

    CARROLL ORG., PGIM REAL ESTATE ACQUIRE 4-PROPERTY PORTFOLIO IN FL

    Apr 19, 2018

    Carroll Organization and PGIM Real Estate have formed a joint venture to acquire a four-property portfolio in South Florida. Carroll Organization is acting on behalf of its latest investment vehicle, Carroll Multifamily Real Estate Fund V, while PGIM Real Estate is acting on behalf of institutional ...

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    https://RE.report/news-article.aspx?ID=40684068

    KWK ARCHITECTS DESIGNS $105M MN STUDENT HOUSING RENOVATION

    Apr 19, 2018

    KWK Architects, partnering with TKDA, is in the midst of a $104.5 million transformation of the University of Minnesota’s Pioneer Hall, a historic residence hall for Gopher students. The design architect and architecture/engineering firm-of-record, respectively, were contracted to convert the ...

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    https://RE.report/news-article.aspx?ID=40694069

    ULI: REAL ESTATE OUTLOOK PROMISING FOR REST OF 2018

    Apr 19, 2018

    The U.S. real estate industry is, in general, expected to be stronger than previously anticipated through 2018, according to the latest economic forecast from the Urban Land Institute’s (ULI) Center for Capital Markets and Real Estate. The ULI Real Estate Economic Forecast, which includes pred...

    AZ BIG MEDIA
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    https://RE.report/news-article.aspx?ID=40884088

    HILLCREST, PATHFINDER COMPLETE CO SENIOR HOUSING RENOVATIONS

    Apr 18, 2018

    Hillcrest Development Group and Pathfinder Partners have completed the $1.6 million renovation and rebranding of V-Esprit, a senior living community in Aurora, Colo. The partners purchased the asset, previously known as the Shalom Park Senior Living Campus, for $16 million in 2017. Situated at 5240 ...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=40644064

    WHERE ARE HNA PROPERTIES IN THE U.S.?

    Apr 18, 2018

    The real estate arm of HNA Group, a Chinese conglomerate primarily focused in the aviation industry, is said to be marketing some $4 billion worth of U.S. real estate to sell—many of the properties acquired by the firm over the last two years. The sell-off comes amid increased pressure from th...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=40654065

    FANNIE MAE AND FREDDIE MAC CONTINUE TO DOMINATE APARTMENT LENDING

    Apr 17, 2018

    Freddie Mac and Fannie Mae lenders are providing the overwhelming majority of permanent loans to apartment properties. “Fannie Mae and Freddie Mac are probably still the premiere lenders for leveraged apartment buyers,” says Mark Isaacson, co-founder of Redwood Capital Group, a real esta...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=40604060

    HFF ARRANGES $133M FINANCING FOR 3 BAY AREA COMMUNITIES

    Apr 17, 2018

    Three properties in San Mateo, Calif. have received $132.9 million in financing. An HFF team worked on behalf of the borrower, an affiliate of Stockbridge Capital Group and developer Wilson Meany. TH Real Estate provided the fixed-rate loan, which will be used to retire previous construction financi...

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    https://RE.report/news-article.aspx?ID=40614061

    STERLING REAL ESTATE SNAPS UP AUSTIN ASSET

    Apr 16, 2018

    Sterling Real Estate Partners, a joint venture between Barker Pacific Group (BPG) and Pacific Real Estate Partners, has acquired Spring Valley Apartments in Austin. The property, an 11-building, 230-unit apartment community, is the largest asset yet acquired by the partnership. Built in 2001, the ga...

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    https://RE.report/news-article.aspx?ID=40554055

    HOUSTON PROPERTY COMPLETES RENOVATIONS, OPENS AFTER HURRICANE HARVEY

    Apr 16, 2018

    The $6 million renovation of Kings Cove Apartments in Kingwood, Texas, is now complete, following the need of extensive renovations after Hurricane Harvey. The property is professionally managed by Greystar and asset-managed by National Asset Services (NAS). This reopening mark one of the first mult...

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    https://RE.report/news-article.aspx?ID=40564056

    PENNROSE DEBUTS NJ SENIOR HOUSING REDEVELOPMENT

    Apr 13, 2018

    Pennrose Properties and Middlesex County have opened the Residence at Roosevelt Park, an independent living community in Edison, N.J. The property is a $25 million adaptive reuse and historic renovation project of the former Roosevelt Hospital, built in 1937 as part of President Franklin D. Roosevel...

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    https://RE.report/news-article.aspx?ID=40524052

    ALDEN STREET CAPITAL NABS TX STUDENT HOUSING COMMUNITY

    Apr 13, 2018

    An affiliate of Alden Street Capital has purchased Dakota Ranch, a 316-bed student housing property in San Marcos, Texas, from Alex Brown Realty. CBRE arranged the sale and financing of the 17-acre community, which provides units between 523 and 1,111 square feet. The asset is located roughly one mi...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=40534053

    TAMPA PROPERTY SELLS FOR $42M

    Apr 12, 2018

    NorthEnd Equities has acquired Hanley Place Apartments, a 400-unit property in Tampa, for $42.2 million or $105,375 per unit. Institutional Property Advisors (IPA) brokered the sale on behalf of the seller, Axonic Properties, and procured the buyer. Located at 7315 W. Hanna Ave., Hanley Place is nea...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=40494049

    HUNT MORTGAGE REFINANCES NC PROPERTY

    Apr 11, 2018

    Hunt Mortgage Group has furnished an $11.5 million Fannie Mae loan to refinance Alexander Pointe Apartments, a 120-unit garden-style multifamily property in Mebane, N.C. The borrower is Sovereign Development Company LLC, and the property 100-percent owned by Jim Kitchen, who purchased the apartment ...

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    https://RE.report/news-article.aspx?ID=40474047

    TX PROPERTY SECURES $21M

    Apr 11, 2018

    A $20.8 million, two-year adjustable bridge loan has been obtained for the Breeze at Lake Barbara, a 520-unit multifamily property in Clute, Texas. The financing will allow the private borrower to acquire, gut-renovate and reposition the property, according to the lender, Arbor Realty Trust. The pro...

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    https://RE.report/news-article.aspx?ID=40484048

    JV TO OPEN SACRAMENTO STUDENT HOUSING

    Apr 10, 2018

    GMH Capital Partners LP in partnership with AGC Equity Partners will develop The Academy on 65th in Sacramento, Calif. The 305-bed student housing community will be serving students attending the California State University, Sacramento. GMH University Housing will manage the asset scheduled to open ...

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    https://RE.report/news-article.aspx?ID=40434043

    GOLDEN KEY APARTMENTS SELL FOR $6.2M IN PHOENIX

    Apr 10, 2018

    Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Golden Key, a 91-unit apartment complex located in Phoenix, Arizona. The asset commanded a sales price of $6,200,000 or $68,...

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    https://RE.report/news-article.aspx?ID=40444044

    BERKELEY POINT PROVIDES $19M FOR FL PROPERTY

    Apr 09, 2018

    Bethesda, Md.-based Berkeley Point Capital (BPC) closed a $18.6 million refinancing of Bridgewater Place Apartments in Oakland Park, Fla., north of Fort Lauderdale. Bridgewater Place Apartments features five unique one- and two-bedroom floor plans. The apartments include fully-equipped kitchens with...

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    https://RE.report/news-article.aspx?ID=40384038

    HOPKINS HOLDING ACQUIRES GA STUDENT HOUSING

    Apr 09, 2018

    Hopkins Holding has acquired The Blake, a Class A student housing community in Savannah, Ga., from a joint venture including Campus Works, Kaplan Residential and the McKinney Fund & Co. Capital One provided a $19.3 million Fannie Mae acquisition loan to the firm, offering an adjustable rate with...

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    https://RE.report/news-article.aspx?ID=40394039

    CRE VALUATIONS ARE TRENDING DOWN, GREEN STREET RESEARCHERS WARN

    Apr 06, 2018

    Commercial real estate investors can expect that property prices will trend downward in the near future, according to Green Street Advisors, a real estate research firm headquartered in Newport Beach, Calif. It’s a trend the industry is already starting to see. “Value appreciation has pr...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=40344034

    WHAT BIDDERS ARE WILLING TO PAY FOR TOYS ‘R’ US STORES

    Apr 05, 2018

    As Toys ‘R’ Us winds down its business for good, the company’s website is no longer operational for everyday Americans looking for liquidation bargains. The company is still attracting buyers, however, as retailers, landlords and other investors bid for the defunct retailer’s...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=40354035

    HUNT MORTGAGE ARRANGES $9M LOAN IN NEWPORT NEWS, VA

    Apr 05, 2018

    Hunt Mortgage Group has arranged an $8.7 million acquisition loan for Lee’s Landing in Newport News, Va. Geller Associates purchased the 136-unit community through a single-purpose LLC. The 12-year Fannie Mae loan bears five years of interest-only payments, a 30-year amortization period and a ...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=40304030

    INTEGRA LAND STARTS WORK SUBURBAN CHARLOTTE APARTMENTS

    Apr 05, 2018

    Integra Land Co. of Lake Mary, Fla., has started work on The Flats at Edgewater, an apartment community in Indian Land, S.C., a suburb of Charlotte. The 289-unit property will offer one-, two- and three-bedroom units ranging from 708 square feet to 1,420 square feet and is expected to be completed i...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=40314031

    INVESTORS WELCOME SURGE OF CORPORATE SALE-LEASEBACKS

    Apr 04, 2018

    Corporations that are pushing owned real estate off their books are fueling a surge in sale-leaseback activity. According to Real Capital Analytics (RCA), a New York City-based research firm, corporate sales of single-tenant assets valued at $2.5 million or higher jumped 40 percent in 2017 to total ...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=40264026

    AVANATH BUYS 3 AFFORDABLE COMMUNITIES IN NJ, MD

    Apr 04, 2018

    Avanath Capital Management LLC has bought three multifamily properties comprising 311 units through its newest affordable housing fund, Affordable Housing III fund, for $38 million. In Maryland, the company purchased the 100-unit Largo Center for $14.3 million and the 110-unit senior housing communi...

    MULTI-HOUSING NEWS ONLINE
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    https://RE.report/news-article.aspx?ID=40274027

    CONGRESS HELPS AFFORDABLE HOUSING DEVELOPERS

    Apr 03, 2018

    Affordable housing developers got a nice surprise when Congress passed its federal budget for 2019, which became law in March 2018. “The recently enacted omnibus contains some welcome increases that will help affordable housing production,” says Scott Hoekman, senior vice president and c...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=40214021

    MANHATTAN APARTMENT PRICES CONTINUE TO DROP: HALSTEAD

    Apr 03, 2018

    Average apartment prices in Manhattan have fallen year-over-year by 8 percent, dropping to an average price of $2 million due to development closings having decreased by 30 percent. The median price has remained unchanged from quarter four of 2017 but dropped 1 percent from the previous year, accord...

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    https://RE.report/news-article.aspx?ID=40224022

    HIGH QUALITY CO-LIVING SUGGESTED AS NEXT BIG PROPERTY DEVELOPMENT SECTOR IN EUROPE

    Apr 02, 2018

    A new generation of students in Europe who have already transformed the student property map are now set to have an impact on co-living which could take off as a new real estate investment sector, it is claimed. As they graduate from student life to seeking accommodation after graduation the kind of...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=40174017

    REGISTERED PROPERTY SALES FELL BACK IN ENGLAND AND WALES IN FEBRUARY

    Apr 02, 2018

    Over 85,000 property sales were registered in England and Wales in February, down from the previous month but up compared with a year ago, official figures show. A total of 85,249 sales were lodged with the Land Registry, down from 116,795 registered in January but above the 76,327 recorded in Febru...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=40184018

    DEMAND, SUPPLY STILL SKY HIGH IN MIAMI

    Mar 30, 2018

    Miami’s multifamily market is heading into a healthy 2018. It displays solid fundamentals and a diverse economic profile, although it remains challenged by a substantial amount of new supply. While rent growth started decelerating in mid-2016, population and job gains have been cushioning the ...

    MULTIHOUSING NEWS
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    https://RE.report/news-article.aspx?ID=40134013

    STRONG ECONOMY LIFTS REAL ESTATE IN SALT LAKE CITY

    Mar 30, 2018

    Salt Lake City continues to be one of the best-performing metros in the country. Due to robust employment and solid demographics, Utah’s largest city is generating demand across all asset classes. With convenient connectivity and a strong multifamily market, the metro remains appealing to majo...

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    https://RE.report/news-article.aspx?ID=40144014

    FIVE TAKEAWAYS FROM IGLOBAL FORUM’S 18TH REAL ESTATE PRIVATE EQUITY SUMMIT

    Mar 29, 2018

    At the 18th Real Estate Private Equity Summit, hosted by iGlobal Forum, there appeared to be a sense that this real estate cycle may be ending—if not soon, then in the somewhat near future. Still, there is a lot of private money out there looking for investment opportunities, and many panelist...

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    https://RE.report/news-article.aspx?ID=40094009

    ANALYSTS: GGP DEAL LOWERS THE BAR FOR MALL REIT VALUES

    Mar 29, 2018

    Earlier this week, mall REIT GGP Inc. finally agreed to a $9 billion cash buyout offer from Brookfield Property Partners, ending years of negotiations for the takeover of one of America’s largest mall REIT companies. The terms disappointed industry observers, who believe the deal closes out th...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=40104010

    HOW TO DEAL WITH A CHANGING MARKET

    Mar 28, 2018

    PGIM Real Estate completed more than $8 billion in acquisitions, dispositions and debt investments in the U.S. last year. NREI recently talked with PGIM Real Estate’s Alfonso Munk, Americas CIO and head of Latin America, to hear more about the firm’s strategy and views on commercial real...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=40044004

    AVERAGE FAMILY HOME RENTS UP ALMOST 3% IN THE US AT END OF 2017

    Mar 27, 2018

    Average rents for family homes in the United States increased by 2.8% in the year to the end of 2017, led by San Diego. But annual rental growth has slowed, down from a high of 4.2% in February 2016 although out of the 20 metros covered by the CoreLogic index, only Honolulu saw rents fall. Rents on ...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=40054005

    THE APPEAL OF AFFORDABLE HOUSING TO FOR-PROFIT INVESTORS

    Mar 27, 2018

    For-profit investors continue buying up apartment properties with relatively low rents, including those originally built through government-subsidized affordable housing programs. "There is growing investor interest in lower-price-point product, whether the properties are part of an affordable ...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=40014001

    FIRST TIME BUYERS IN THE US STILL STRUGGLING FINANCIALLY, FIRST SURVEY OF 2018 SHOWS

    Mar 27, 2018

    Prospective home owners in the United States are concerned about saving for a down payment and qualifying for a mortgage with optimism about buying at its lowest for two years. The first quarterly market experience report of 2018 from the National Association of Realtors (NAR) shows that 68% think i...

    PROPERTYWIRE
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    https://RE.report/news-article.aspx?ID=40024002

    SENIORS HOUSING OPERATORS FIND WAYS TO DEAL WITH STAFFING CONCERNS

    Mar 26, 2018

    Recruiting and retaining staff for seniors housing properties has long been one of the top challenges in the sector. With the U.S. unemployment rate low at 4.1 percent, owners and operators are boosting employee benefits and revving up recruitment to attract and keep top talent before the anticipate...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=39973997

    WHAT HAPPENED WITH FOREST CITY’S POTENTIAL SALE

    Mar 26, 2018

    After nearly six months, Forest City Realty Trust Inc. announced that it has ended its strategic review process—and it did not result in a sale of the company. Instead, the Cleveland-based REIT, which had been facing activist pressure to boost shareholder value, reconstituted its board to incr...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=39983998

    MIAMI CONDO, HOME SALES CONTINUE TO RISE IN 2018

    Mar 23, 2018

    According to the Miami Association of Realtors, Miami existing condominium and total luxury home sales increased in February 2018. Miami-Dade County existing condominium sales--which are competing with one of the most robust new construction markets in the country -- rose for the fourth consecutive ...


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    https://RE.report/news-article.aspx?ID=39933993

    HUDSON CAPITAL’S ROBERT COHEN DISCUSSES THE APPEAL OF WORKFORCE HOUSING TO HNW INVESTORS

    Mar 23, 2018

    In one ways than one, East Rutherford, N.J.-based Hudson Capital Properties is a family affair. The family-owned firm invests in multifamily properties, mostly in the Southeast. Founded in 2009 by James Cohen and his son Robert, Hudson Capital Properties owns 24 apartment complexes with more than 6,...


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    https://RE.report/news-article.aspx?ID=39943994

    SALES BOUNCED BACK IN THE US IN FEBRUARY, LATEST INDEX SHOWS

    Mar 22, 2018

    Despite consistently low inventory levels and faster price growth, existing home sales in the United States bounced back in February after two straight months of declines, the latest national index shows. Sales increased by 3% in February and are now 1.1% above February 2017 but transactions were un...


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    https://RE.report/news-article.aspx?ID=39893989

    THE STARBUCKS VIEW OF RETAIL REAL ESTATE

    Mar 22, 2018

    As retailers continue to make headlines with bankruptcy filings and liquidations, one major tenant is said to be predicting that if the current environment persists, it might permanently reduce its real estate costs. The Financial Times reported details of a memo that Starbucks Executive Chairman Ho...


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    https://RE.report/news-article.aspx?ID=39903990

    ABC, BCSP SIGN DEAL TO PROMOTE CONSTRUCTION SAFETY

    Mar 21, 2018

    Associated Builders and Contractors (ABC) and the Board of Certified Safety Professionals (BCSP) yesterday signed a memorandum of understanding to collaborate on improving occupational safety and health at construction workplaces throughout the United States. The partnership is centered on developin...


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    https://RE.report/news-article.aspx?ID=39853985

    CRE FINANCE PROS WEIGH IN ON HVCRE REFORM

    Mar 21, 2018

    Last week, the Senate passed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). Primarily, the bill aims to ensure consumer protections and adequate access to mortgage credit. Specific to the commercial and multifamily real estate sectors, it takes another big step forward...


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    https://RE.report/news-article.aspx?ID=39863986

    CLEAR SKY CAPITAL SELLS FLAGSTAFF CONDOS FOR $18.575M

    Mar 20, 2018

    Cushman & Wakefield represented Clear Sky Timberline LP, an entity formed by Phoenix-based Clear Sky Capital (Marcus Kurschat – Principal) in the bulk sale of 102 units within Timberline Place Condominiums. Timberline Place Apartments, LLC, a partnership formed by Phoenix based Edgehill In...


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    https://RE.report/news-article.aspx?ID=39813981

    ANNUAL PRICE GROWTH CONTINUES TO TREND DOWNWARD IN THE UK, OFFICIAL FIGURES SHOW

    Mar 20, 2018

    Average house prices in the UK increased by 4.9% in the year to January 2018, down from 5% in December 2017, according to the latest official figures to be published. It means that annual growth rate has now slowed since the middle of 2016 but it has remained broadly around 5% since 2017, the figure...


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    https://RE.report/news-article.aspx?ID=39823982

    U.S. HOMEOWNER EQUITY NATIONWIDE INCREASED $908 BILLION IN 2017

    Mar 19, 2018

    According to CoreLogic's latest Home Equity Report for the fourth quarter of 2017, U.S. homeowners with mortgages (which account for roughly 63 percent of all properties) have seen their equity increase 12.2 percent year over year, representing a gain of $908.4 billion since the fourth quarter o...


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    https://RE.report/news-article.aspx?ID=39753975

    ALPHA WAVE INVESTORS ACQUIRES 110-UNIT TUCSON PROPERTY

    Mar 19, 2018

    Alpha Wave Investors, a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has acquired Orange Tree Village, a 110-unit townhome-style multifamily property in the Casas Adobes neighborhood of Tucson, Arizona. The propert...


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    https://RE.report/news-article.aspx?ID=39763976

    LIVING NEAR FRIENDS AND FAMILY IS IMPORTANT FOR YOUNGER BUYERS IN THE US

    Mar 19, 2018

    Millennial buyers in the United States prioritise living close to friends and family over a home’s location and proximity to schools, and an overwhelming majority used a real estate agent to buy or sell a home. But lack of suitable homes for sale and higher housing costs are preventing some bu...


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    https://RE.report/news-article.aspx?ID=39773977

    ABI BROKERS $12M APARTMENT SALE NEAR WESTGATE

    Mar 16, 2018

    ABI Multifamily, the Western US’s leading multifamily brokerage and advisory services firm, announced the $12,000,000 / $69,767 Per Unit sale of the Bethany Park Apartments located in Glendale, Arizona. Built in 1984, Bethany Park is a two story, garden-style apartment community that features ...


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    https://RE.report/news-article.aspx?ID=39723972

    SALES IN CANADA FELL TO A FIVE YEAR LOW YEAR ON YEAR IN FEBRUARY 2018, LATEST INDEX SHOWS

    Mar 15, 2018

    Homes sales in Canada fell further in February 2018, down 6.5% compared to January with overall activity down by 16.9% year on year to a five year low, the latest index shows. The national average sale price also fell, down 5% year on year to an average of just over $494,000avily influenced by falls...


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    https://RE.report/news-article.aspx?ID=39733973

    NEWPORT HAS FASTEST HOUSING MARKET IN BRITAIN WITH HOMES SELLING WITHIN HOURS

    Mar 15, 2018

    Newport in Wales is the fastest moving housing market in Britain as available properties up for sale have fallen by a third, according to a new research report. It means that the time it takes to secure a buyer in the Welsh city has decreased from 76 to 52 days over the past year with the analysis f...


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    https://RE.report/news-article.aspx?ID=39663966

    HERE’S HOW MUCH HELP US MILLENNIALS ARE GETTING FROM FAMILY TO AFFORD HOUSING COSTS

    Mar 15, 2018

    US housing costs have risen steadily and substantially since 2000, while wage growth has lagged behind these increases. As a result, paying off student loan debt and making rent can prove to be especially challenging for Millennials. In fact, many Millennials are reportedly having to make withdrawal...


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    https://RE.report/news-article.aspx?ID=39673967

    HFF SECURES $27.52M ACQUISITION FINANCING FOR PHOENIX-AREA APARTMENTS

    Mar 14, 2018

    HFF announced $27.52 million in acquisition financing for San Palmas at Mission Park, a 240-unit, garden-style apartment community in the Phoenix suburb of Chandler, Arizona. The HFF team worked on behalf of Continental Realty Advisors to secure the seven-year, 3.91 percent, interest-only, fixed-rat...


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    https://RE.report/news-article.aspx?ID=39623962

    HOW IS ARIZONA’S GROWING CANNABIS INDUSTRY IMPACTING CRE?

    Mar 14, 2018

    The former Revlon cosmetics and fragrance manufacturing plant, located in a South Phoenix industrial park, was originally built in the late 1960s and employed more than 900 people at its peak before eventually closing in 2001. For more than 14 years, the 880,000-square-foot big box space sat vacant ...


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    https://RE.report/news-article.aspx?ID=39633963

    APARTMENT OCCUPANCY RATE REMAINS STRONG, THOUGH DOWN FROM ITS PEAK

    Mar 13, 2018

    Developers opened a tremendous number of new apartment units in 2017. But the percentage of apartments that are occupied has barely shifted, despite competition for potential residents. Rents continue to grow in most markets. “Occupancy is hovering around 95 percent, and that’s a healthy...


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    https://RE.report/news-article.aspx?ID=39593959

    FIVE TOP MARKETS FOR SENIORS HOUSING INVESTMENT

    Mar 12, 2018

    NREI spoke with several seniors housing and financial experts to learn some of their picks for the top regions around the country for seniors housing development. It’s no secret that seniors housing is in high demand, with the independent and assisted living subsets the most desirable. But the...


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    https://RE.report/news-article.aspx?ID=39533953

    ARE HNW INVESTORS READY FOR REAL ESTATE CROWDFUNDING PLATFORMS?

    Mar 12, 2018

    From Craig Cecilio’s vantage point, high-net-worth real estate investors have relied a lot on old-fashioned handshake deals and have been slow to embrace technology. But he sees more HNW individuals gravitating toward tech-powered investing. Cecilio is founder and CEO of San Diego-based Divers...


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    https://RE.report/news-article.aspx?ID=39543954

    PHOENIX CLIMBS TO NO. 11 ON BEST METROS FOR CRE INVESTMENT LIST

    Mar 12, 2018

    Phoenix advanced three spots to #11 on the list of most attractive metro for commercial real estate investment, tying with San Diego, Minneapolis/St. Paul and Philadelphia, according to survey respondents of CBRE’s 2018 Americas Investor Intentions Survey. The survey, which covered all asset t...


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    https://RE.report/news-article.aspx?ID=39553955

    HOW VANCOUVER’S HOUSING MARKET IS GOING TO IMPACT THE ECONOMY OVER THE NEXT TWO YEARS

    Mar 12, 2018

    After four consecutive years of growth in BC, the economy is expected to slow over the next two years thanks to easing housing demand. In 2018, real GDP growth in BC is forecast to drop one percentage point to 2.8 per cent and decline further to 2.5 per cent in 2019, according to the British Columbi...


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    https://RE.report/news-article.aspx?ID=39583958

    CITY OFFICE REIT SELLS OFFICE CAMPUS IN BOISE FOR $86.5M

    Mar 09, 2018

    BOISE, IDAHO — City Office REIT Inc. (NYSE: CIO) has sold Washington Group Plaza, a four-building office campus situated on 24 acres in Boise. The Vancouver-based REIT sold the property to St. Luke’s, Idaho’s only nonprofit healthcare system, for $86.5 million. City Office REIT rec...


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    https://RE.report/news-article.aspx?ID=39503950

    RENTAL GROWTH IN THE UK LED BY THE EAST MIDLANDS IN YEAR TO FEBRUARY 2018

    Mar 09, 2018

    Rents are growing at different rates in the UK according to location with those in the East Midlands recording the fastest pace of rental growth in the 12 months to February 2018 with a rise of 2.24%. But overall rents nationally were up just 0.69% year on year to an average of £1,199 per mont...


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    https://RE.report/news-article.aspx?ID=39513951

    LANDLORDS IN UK WHO HAVE NOT TAKEN ADVICE FACE TAX CHANGE HEADACHE

    Mar 09, 2018

    Landlords in the UK who have not planned for various tax changes that affect the buy to let sector could find themselves facing tax confusion as research reveals many have not fully understood the implications. One in five landlords have moved their property portfolio business into a limited company...


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    https://RE.report/news-article.aspx?ID=39523952

    WHAT $1 MILLION BUYS IN REAL ESTATE AROUND THE WORLD

    Mar 08, 2018

    A million dollars doesn't buy what it used to — especially when it comes to luxury real estate. The Wealth Report, from London-based real estate brokerage Knight Frank, measured the top markets in the world and compared how much prime property $1 million would buy in each. Monaco still rei...


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    https://RE.report/news-article.aspx?ID=39463946

    GLOBAL MAINSTREAM HOUSE PRICES INCREASED BY 4.6% IN 2017, LATEST INDEX SHOWS

    Mar 08, 2018

    House prices worldwide increased by 4.6% in 2017, led by Iceland and Hong Kong, but their rate of growth has slowed while European housing markets are rising up the rankings, the latest global index shows. Overall some 85% of the 59 countries tracked by the Knight Frank global house price index saw ...


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    https://RE.report/news-article.aspx?ID=39473947

    MORE FOREIGN CAPITAL FLOWING TO REAL ESTATE DEBT FUNDS

    Mar 07, 2018

    Foreign investors still have a hefty appetite for U.S. commercial real estate, and now many are expanding their focus to include debt. “Anecdotally, we have been seeing a fairly dramatic uptick in interest from foreign investors into the U.S. lending space over the last 12 to 24 months,”...


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    https://RE.report/news-article.aspx?ID=39403940

    GREAT PARKING IS NOT WORTH A HOUSING CRISIS: VIRGINIA POSTREL

    Mar 06, 2018

    In Los Angeles, it’s perfectly legal to build a new apartment without a refrigerator, a balcony, or air conditioning. But you can’t build one without plenty of parking. In most cases, in fact, you have to build at least two spaces per unit -- and no fudging with tandem or compact spaces....


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    https://RE.report/news-article.aspx?ID=39413941

    MARACAY HOMES ADDS 54 ‘GREEN’ HOMES ON SOUTH MOUNTAIN

    Mar 06, 2018

    Maracay Homes will celebrate the grand opening of Navarro Groves on Saturday, Mar. 10, with a public grand opening where visitors will get a first look at the highly anticipated community’s two new model homes. The gated 54-home enclave, situated just steps away from South Mountain Regional Pa...


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    https://RE.report/news-article.aspx?ID=39383938

    MARCUM CONSTRUCTION INDEX PREDICTS ROBUST 2018

    Mar 06, 2018

    The quarterly Marcum Commercial Construction Index released today foresees continued momentum in the construction market in 2018, following sustained economic expansion in 2017. The 4th quarter report finds that the outlook for the industry in 2018 is the most positive since 2005, with real estate o...


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    https://RE.report/news-article.aspx?ID=39393939

    DESPITE SUBSTANTIAL EQUITY, SECOND STEP BUYERS WORRIED ABOUT MOVING UP HOUSING LADDER

    Mar 05, 2018

    Higher house prices in England and Wales are helping second step buyers to move up the housing ladder but many are staying put because of various challenges, new research has found. In particular second steppers are concerned about finances and lack of movement in the housing matter, prompting some ...


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    https://RE.report/news-article.aspx?ID=39353935

    MORTGAGE RATES RISE 8 CONSECUTIVE WEEKS IN U.S.

    Mar 02, 2018

    According to Freddie Mac's latest Primary Mortgage Market Survey, showing the 30-year fixed mortgage rate increasing for the eighth-consecutive week. Freddie Mac's Deputy Chief Economist Len Kiefer said, "Optimistic testimony on Capitol Hill from Federal Reserve Chairman Jerome Powell s...


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    https://RE.report/news-article.aspx?ID=39323932

    NEWS 1

    Mar 01, 2018

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    https://RE.report/news-article.aspx?ID=39313931

    ARCHITECTURAL BILLINGS INDEX REACHES 10-YEAR HIGH IN U.S.

    Feb 28, 2018

    According to the American Institute of Architects, 2018 started on a strong note for architecture firms, as the Architecture Billings Index (ABI) saw its highest January score since 2007. The American Institute of Architects (AIA) reported the January 2018 ABI score was 54.7, up from a score of 52.8...


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    https://RE.report/news-article.aspx?ID=39293929

    MORTGAGE APPLICATIONS DIP IN U.S. AMIDST RISING RATES

    Feb 28, 2018

    According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending February 16, 2018, mortgage applications in the U.S. decreased 6.6 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, decreased 6....


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    https://RE.report/news-article.aspx?ID=39303930

    ECONOMY WATCH: CRE PRICES UP SLIGHTLY IN FEBRUARY

    Feb 27, 2018

    U.S. commercial real estate investment prices rose 0.1 percent in February—the first gain after nine consecutive months of contraction, according to Ten-X Commercial’s February Commercial Real Estate (CRE) Nowcast. Even with February’s pricing uptick, however, the Ten-X CRE Nowcast...


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    https://RE.report/news-article.aspx?ID=39253925

    HOUSING MARKET HITS A WALL

    Feb 27, 2018

    According to statistics released yesterday by the U.S. Census Bureau, the number of new homes sold in the U.S. plunged by 7.8% in January. Unfortunately, this appears to be more than just a blip; it could signify the start of a negative trend for the housing industry. What are the factors that are n...

    THESTREET, INC.
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    https://RE.report/news-article.aspx?ID=39263926

    CRE EXECUTIVES: AGILITY SHOULD BE A TOP PRIORITY

    Feb 26, 2018

    Corporate real estate executives are employing strategies that add bottom-line value through quick responsiveness (agility) to changing business and economic conditions. A new survey conducted by CBRE, in partnership with CoreNet Global, reveals a need for corporate real estate departments to become...

    AZ BIG MEDIA
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    https://RE.report/news-article.aspx?ID=39213921

    NEW YORK, L.A. AND CHICAGO ALL HAVE DIFFERENT VIBES, AND SO DO THE CRE LENDERS ACTIVE IN THOSE MARKETS

    Feb 26, 2018

    Fast-walking New Yawkers stereotypically sidestep hordes of tourists gawking at tall buildings, for instance, while Angelenos have been typecast as chilled embracers of beach yoga hoping for their big break. It turns out that cities like New York, Los Angeles, Chicago and Boston don’t just giv...

    NATIONAL REAL ESTATE INVESTOR
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    https://RE.report/news-article.aspx?ID=39223922

    RISING INTEREST RATES, INFLATION CONCERNS PUTTING UPWARD PRESSURE ON U.S. CAP RATES

    Feb 23, 2018

    According to global property advisor CBRE, the recent rise in inflation and higher interest rates is expected to put upward pressure on U.S. capitalization rates in 2018, counterbalancing the impact of strong global capital flows into the commercial real estate sector. The CBRE North America Cap Rat...


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    https://RE.report/news-article.aspx?ID=39133913

    SIX THINGS YOU MUST DO TO OVERSEE YOUR PASSIVE REAL ESTATE INVESTMENTS

    Feb 23, 2018

    So you’ve invested in real estate through limited partnerships, syndications or funds, and someone else is doing all the dirty work so you can spend your time enjoying life. Because you’re a passive investor, you don’t need to do anything, right? Unfortunately, no — your inve...


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    https://RE.report/news-article.aspx?ID=39143914

    RICH OF CARDENTE REAL ESTATE SELLS 4,305 S/F FOR $995,000 IN BRIDGTON; BONAWITZ LEASES 1,673 S/F AT FREEPORT PLAZA

    Feb 23, 2018

    This transaction was brokered on behalf of the seller, Lopez Properties, LLC, by Karen Rich of Cardente Real Estate and on behalf of the buyer by Paul Howe of Cote & Howe Realty. In another transaction, Core Fitness & Bodywork, LLC has leased 1,673 s/f of retail space at Freeport Plaza, 541 ...


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    https://RE.report/news-article.aspx?ID=39153915

    CHRISTOPHER TODD COMMUNITIES PAYS $4.1M FOR LAND IN PEORIA

    Feb 23, 2018

    Christopher Todd Communities has purchased 20 acres of land at Happy Valley Rd. and Vistancia Blvd. in Peoria.  The company paid $4,094,385 for the site, which will be developed into single-family rental homes. “Christopher Todd Communities looks to further its success in the rental housi...


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    https://RE.report/news-article.aspx?ID=39163916

    RISING INTEREST RATES SLOW MORTGAGE APPLICATIONS IN THE U.S.

    Feb 22, 2018

    According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending February 16, 2018, U.S. mortgage applications decreased 6.6 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, decreased 6.6 percent on a...


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    https://RE.report/news-article.aspx?ID=39093909

    CYPRESS REAL ESTATE BUYS DEVELOPMENT SITE IN TX

    Feb 22, 2018

    Cypress Real Estate Advisors Inc. has acquired a 3.8-acre site in Dallas, occupied by the former headquarters of Credit Union of Texas. Transwestern arranged the sale and represented both the seller and the buyer in the transaction. On the site, Cypress Real Estate plans to develop a four-story, urb...


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    https://RE.report/news-article.aspx?ID=39103910

    2 UPSTATE NY AFFORDABLE HOUSING PROPERTIES SECURE $21M

    Feb 21, 2018

    Riverside Charitable Corp. (RCC) has obtained $20.9 million in financing to acquire and rehabilitate two affordable multifamily properties in New York State. One property is Raymond Watkins Apartments in Sarasota Springs, the other John Guy Prindle Apartments in Ilion. Raymond Watkins Apartments is ...


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    https://RE.report/news-article.aspx?ID=39053905

    UK PROPERTY SALES UNCHANGED YEAR ON YEAR AND UP ONLY MARGINALLY ON MONTHLY BASIS

    Feb 21, 2018

    Residential property sales in the UK increased by 1.3% between December 2017 and January 2018 and were 0.1% lower compared with the same month last year, the latest official figures show. There were 102,610 residential sales and 10,780 non-residential transactions, according to the data published by...


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    https://RE.report/news-article.aspx?ID=39063906

    U.S. RESIDENTIAL MARKET ENJOYS NEW HOME CONSTRUCTION GAINS IN 2018

    Feb 20, 2018

    According to new data from the U.S. Department of Housing and Urban Development and the Commerce Department, a surge in U.S. multifamily production pushed overall housing starts up 9.7 percent in January 2018 to a seasonally adjusted annual rate of 1.33 million units after an upwardly revised Decemb...


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    https://RE.report/news-article.aspx?ID=39013901

    PATHWAY TO LIVING ACQUIRES MI SENIOR HOUSING

    Feb 20, 2018

    Pathway to Living, a Chicago-based specialist in senior housing communities formerly known as Pathway Senior Living, acquired Elmcroft of Kentwood in Kentwood, Mich. Located at 4352 Breton Road SE, about 10 miles from Grand Rapids, the assisted living and memory care community has been rebranded Azp...


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    https://RE.report/news-article.aspx?ID=39023902

    REAL ESTATE IN BRIEF: GIRON KIRBY TAKES SPACE AT 5433 WESTHEIMER

    Feb 17, 2018

    Giron Kirby Law Group has leased 3,325 square feet at 5433 Westheimer. Doug Pack and Sam Hansen of Avison Young represented the landlord, Quasar Galleria. The 65-month lease starts in June. Gateway Gathering & Marketing Co. has leased 4,000 square feet of office space at 16225 Park Ten Place. Le...


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    https://RE.report/news-article.aspx?ID=38973897

    U.S. HOME CONSTRUCTION ROSE 9.7% IN JANUARY

    Feb 17, 2018

    WASHINGTON—Housing construction got off to a strong start in 2018, which could help boost economic growth and ease home-price increases in the coming months. The number of new housing units under construction rose 9.7% from a month earlier to an annual rate of 1.326 million, the Commerce Depar...


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    https://RE.report/news-article.aspx?ID=38983898

    STRONG SALES AND LACK OF SUPPLY KEPT HOUSE PRICES HIGH IN THE US THROUGHOUT 2017

    Feb 16, 2018

    An uptick in existing home sales in the United States in the final three months of 2017 pulled down housing inventory to an all-time low and kept price growth at its recent robust pace, the latest index report shows. The national median existing single family home price in the fourth quarter was $24...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38953895

    ANNUAL REVIEW SHOWS UK HOUSE PRICES GREW MORE SLOWLY IN 2017

    Feb 16, 2018

    House prices in the UK grew more slowly in 2017 compared with 2016, up 48% compared with a 7% increase in the previous years, according to an annual review of the data. On a calendar year basis, that is the lowest rise since 2013 and while house price growth slowed in 2017, sales volumes were also h...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38963896

    ROCKVILLE APP FOR AGENTS, HOMEBUYERS RAISES $14M

    Feb 15, 2018

    Homesnap, a Rockville company that makes an app for real estate brokers and homebuyers, has raised $14 million in a Series B round led by Updata Partners. With the new round, Homesnap has raised $32 million, including investments from Steve Case's Revolution. Moderne Ventures joined D.C.-based U...


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    https://RE.report/news-article.aspx?ID=38923892

    HOUSING AFFORDABILITY IN CALIFORNIA EDGED UP IN LATE 2017

    Feb 14, 2018

    According to the California Association of Realtors, after hitting a 10-year low in third-quarter 2017, slightly lower home prices and steady mortgage rates allowed more Californians to purchase a home in the fourth quarter of 2017. The percentage of home buyers who could afford to purchase a median...


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    https://RE.report/news-article.aspx?ID=38893889

    UK HOUSE PRICES SHOW FIRST ANNUAL DECLINE IN SIX YEARS

    Feb 12, 2018

    The report published today by Acadata will no doubt prove to be interesting food for thought for property investors in the UK. For the first time in six years the annual increase in UK house prices has fallen into negative territory. In the 12 months to the end of January 2018 the value of the avera...


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    https://RE.report/news-article.aspx?ID=38823882

    SMALL SITES IN LONDON TO BE MADE AVAILABLE TO SMALLER BUILDERS OF NEW HOMES

    Feb 12, 2018

    A small site building pilot programme has been launched in London with the aim of using smaller builders and increasing the number of genuinely affordable new homes. Two locations have been selected for the pilot and London Mayor Sadiq Khan has instructed Transport for London to bring forward 10 of ...


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    https://RE.report/news-article.aspx?ID=38853885

    HOUSING AFFORDABILITY IN U.S. REMAINED FLAT IN 2017

    Feb 09, 2018

    According to the National Association of Home Builders / Wells Fargo Housing Opportunity Index released this week, data for all four quarters of 2017 show housing affordability remaining essentially flat throughout the full 2017 year.In all, 59.6 percent of new and existing homes sold between the be...


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    https://RE.report/news-article.aspx?ID=38763876

    DEPARTMENT OF REAL ESTATE APPOINTS CECIL YATES TO TEST COMMITTEE

    Feb 09, 2018

    Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, reports Arizona Department of Real Estate (ADRE) Commissioner Judy Lowe has appointed Cecil Yates of Commercial Properties, Inc. (CPI) to the Arizona Test Development Commi...


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    https://RE.report/news-article.aspx?ID=38803880

    STRAIGHTFORWARD ADAPTATIONS NEEDED FOR UK HOMES TO COPE WITH CLIMATE CHANGE

    Feb 08, 2018

    Home owners in the UK could make their properties ready to cope with future adverse weather caused by climate change by make some simple and not too expansive adaptations, it is claimed. Experts believe that by 2100 homes in the UK will need to be able to cope with harsher conditions brought on by c...


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    https://RE.report/news-article.aspx?ID=38713871

    UK PROPERTY MARKET SEES MUCH NEEDED SUPPLY BOOST AT START OF 2018

    Feb 08, 2018

    The residential property market has started 2018 with a boost as research shows that there was a 40% increase in new sellers across the UK in January. London in particular saw a boost with a 79% rise in supply last month and in the borough of Hillingdon supply increased by 118.7%, according to resea...


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    https://RE.report/news-article.aspx?ID=38723872

    PROPERTY PRICE GROWTH IN EUROPE SET TO BE LED BY PORTUGAL, THE NETHERLANDS AND IRELAND

    Feb 07, 2018

    Property markets in Europe are likely to see some softening this year and next with mixed fortunes for many countries and the UK facing Brexit risks, according to a new analysis. Supply shortages will help keep momentum going in some markets, particularly in Portugal and the Netherland which, along ...


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    https://RE.report/news-article.aspx?ID=38643864

    RENTS ROSE NATIONWIDE ACROSS THE UK IN JANUARY, LATEST INDEX SHOWS

    Feb 07, 2018

    Rents increased in every region in the UK in January, the first nationwide rise for almost two years, with forecasts suggesting 2018 will be a year of rental growth. Average rents reached a record £1,198 per month at the start of the year, a rise of 0.07%, according to the latest Landbay renta...


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    https://RE.report/news-article.aspx?ID=38653865

    U.S. HOUSING PERMITS SLIP IN LATE 2017, SAYS NAHB

    Feb 07, 2018

    According to the National Association of Home Builders-First American's latest Leading Markets Index, overall housing and economic activity in metro markets across the nation remained on a gradual, upward trend in the fourth quarter of 2017 even as permit activity remained a stubbornly lagging i...


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    https://RE.report/news-article.aspx?ID=38673867

    ARCADIS TO MANAGE CONSTRUCTION IMPROVEMENTS AT MASSACHUSETTS CONVENTION FACILITIES

    Feb 06, 2018

    Arcadis, a global design and consultancy firm, announced its selection as Owner’s Project Manager (OPM) by the Massachusetts Convention Center Authority (MCCA) to oversee a capital improvements construction program enhancing four of its iconic facilities.Massachusetts served as a prime destina...


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    https://RE.report/news-article.aspx?ID=38743874

    NAUSET CONSTRUCTION COMPLETES HISTORIC RENOVATION, ADDITION FOR RIVERBEND SCHOOL

    Feb 06, 2018

    Nauset Construction has completed the renovation and conversion of the 18th Century historic Peletiah Morse Tavern, while also constructing an attached 4,200 square foot addition that provides much needed space for the middle school on the campus of the Riverbend School in Natick.Originally built in...


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    https://RE.report/news-article.aspx?ID=38753875

    AUCKLAND PROPERTY MARKET WAS STEADY AT START OF 2018

    Feb 06, 2018

    Property prices eased upward in the final months of 2017 in Auckland in New Zealand but sales were down considerably compared to January 2017, the latest agents report shows.In January the average price reached $934,753, some 1.5% higher than the average for the previous three months, while the medi...


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    https://RE.report/news-article.aspx?ID=38593859

    DEMAND SPIKES FOR PROPERTIES QUALIFYING FOR GOVERNMENT MORTGAGES IN IRELAND

    Feb 05, 2018

    According to Ireland property website Daft.ie, searches for properties that qualify for the new government-backed mortgages surged by over 9% last week following the Government announcement of the scheme.Daft, which has 2.5 million unique users each month, analyzed the impact of the announcement on ...


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    https://RE.report/news-article.aspx?ID=38623862

    CANADIAN INSURER ACQUIRES EVERWEST REAL ESTATE PARTNERS

    Feb 05, 2018

    Arizona’s real estate market continues to garner interest from foreign investors like this Canadian-based insurer. Great-West Life announced today that GWL Realty Advisors (GWLRA), through its U.S. subsidiary, has acquired the business of EverWest Real Estate Partners (EverWest) – a stra...


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    https://RE.report/news-article.aspx?ID=38813881

    DEMAND REMAINS STEADY FOR SINGLE-FAMILY RENTALS

    Feb 05, 2018

    Occupancy rates for single-family rental (SFR) homes are remaining largely flat. “Supply levels remain tight driven by solid demand, with occupancy rates hovering around 95 percent in many top markets,” says Rick Palacios, Jr., director of research with John Burns Real Estate Consulting,...


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    https://RE.report/news-article.aspx?ID=38583858

    EIGHT REASONS YOU SHOULDN'T MANAGE YOUR OWN INVESTMENT PROPERTIES

    Feb 02, 2018

    Purchasing an investment property is an exciting business venture. If your building is in good shape and you find the right tenants, you stand to earn a lot of money from your rental units. At first it may seem like a good idea to manage your own property and retain full control over costs, tenants ...

    FORBES.COM
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    https://RE.report/news-article.aspx?ID=38553855

    HOUSTON BUILDERS TO ADD 28,000 HOMES THIS YEAR

    Feb 01, 2018

    Houston-area builders will start construction on more homes this year, but labor shortages, increased material costs and rising mortgage rates could present challenges to the industry, according to a new forecast. The forecast by Lawrence Dean, an economist at the research firm Metrostudy, projects ...

    HOUSTONCHRONICLE.COM
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    https://RE.report/news-article.aspx?ID=38563856

    AFFORDABLE HOUSING DEVELOPMENT IN REYNOLDSBURG CLOSE TO GETTING GREEN LIGHT

    Feb 01, 2018

    Homeport is preparing to start on a new affordable housing project close to Blacklick Woods Metro Park.  The company says it needs one final approval for its plan to construct a 30-unit apartment complex called Blacklick Crossing. The $7.1 million townhouse and apartment community project is pl...

    BIZJOURNALS.COM
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    https://RE.report/news-article.aspx?ID=38573857

    LETTING AGENT CODE OF PRACTICE NOW IN FORCE IN SCOTLAND

    Feb 01, 2018

    A new code of practice for lettings agents has come into force in Scotland with the aim of improving standards and giving landlords and tenants more rights. Letting agents are now required to join a register and key individuals in agencies must meet a minimum level of training. Failure to meet the r...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38503850

    LONDONERS SUPPORT MANDATORY LICENSING AND SEARCHABLE ROGUE LANDLORD DATABASE

    Feb 01, 2018

    Mandatory licensing and being able to search a database for rogue landlords are the top improvements that tenants in London would like to see, new research has found. There is also support for some kind of rent controls to make renting a home more affordable but not a lot for longer tenancies, accor...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38513851

    ACTIVITY IN US HOUSING MARKET SUBDUED AT BEGINNING OF 2018 DUE TO SUPPLY ISSUES

    Jan 31, 2018

    Pending home sales in the United States increased slightly in December for the third consecutive month with a rise of 0.5%, according to the latest index from realtors. However, the National Association of Realtors (NAR) is warning that in 2018, home sales and price growth are forecast to moderate, ...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38493849

    RENTAL YIELDS ARE HIGHER IN SCOTLAND THAN IN ENGLAND AND WALES, LATEST TRACKER SHOWS

    Jan 31, 2018

    Average rents in Scotland increased steadily last year, up 1.7% year on year in December to £571 and for landlords there were higher yields than most of the rest of the UK, the latest buy to let tracker shows. The highest increase was a rise of 7.4% in the Highlands and Islands to £623 p...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38433843

    MANY OLDER HOMES OWNERS IN THE UK DO NOT WANT TO DOWNSIZE, RESEARCH FINDS

    Jan 31, 2018

    Home owners aged over 55 in the UK are almost as likely to upsize to a new home than downsize, according to new research. The findings of the report published by the NHBC Foundation challenge the assumption that an increasing number of older home owners will downsize to smaller properties, freeing u...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38443844

    US HOUSING MARKET HAS GAINED BACK ECONOMIC DOWNTURN LOSSES, BUT SPREAD IS UNEVEN

    Jan 30, 2018

    The residential housing market in the United States has gained back all $9 trillion in value it lost when the market collapsed in 2007, new research shows. But the uneven nature of the crisis and subsequent recovery has left many housing markets trailing behind, while others surge further ahead, acc...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38453845

    RENT FALLS IN LONDON’S PRIME PROPERTY MARKET SLOWING, ESPECIALLY AT LOWER END

    Jan 30, 2018

    Rents in London’s prime property market fell by 3.1% over the course of 2017 but the rate of decline has slowed and the market has remained active, according to the latest lettings report. It is the lower and super prime ends of the market that are fuelling demand, particularly from needs base...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38373837

    SIGNS THAT FIRST TIME BUYERS ARE MORE ACTIVE AFTER STAMP DUTY CUT IN UK

    Jan 30, 2018

    First time buyers took advantage of a quiet property market in December with sales to those seeking their first home increasing, according to estate agents. Overall the number of house hunters registered per estate agent branch fell by 20% in the last month pf 2017 and in line with this, the rate of...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38383838

    NUMBER OF NEW HOMES SOLD IN UK IN DECEMBER 2017 INCREASED STRONGLY YEAR ON YEAR

    Jan 30, 2018

    A substantial number of new homes were registered in England and Wales at the end of last year, up 22.4% compared to December 2016, official figures show. Overall there were 76,327 property sales received by the Land Register of which 9,854 were newly built. There were also 51,161 freehold dales, a ...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38393839

    SELLERS OF PRIME PROPERTY IN LONDON TEND TO MOVE TO OTHER URBAN AREA, RESEARCH SUGGESTS

    Jan 26, 2018

    Rather than escaping to the country, the majority of owners selling and leaving prime areas of London are heading to other suburbs, towns and cities, new research has found. Some 51% of those who sold up and moved bought a home in a town or suburb, but despite price differences only about a quarter ...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38313831

    THE COST OF HOME OWNERSHIP IN THE UK IS LOWEST FOR A DECADE

    Jan 26, 2018

    The proportion of household outgoings spent on home ownership in the UK is the lowest it has been over the last 10 years while renting is the lowest since 2011, new research has found. Using data from the Office for National Statistics, hybrid estate agent Emoov looked at all of the components of ho...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38323832

    FIGURES REVEAL AN UNEXPECTED RISE IN HOME LENDING IN THE UK IN DECEMBER

    Jan 26, 2018

    Gross mortgage lending in the UK reached £20.2 billion in December 2017, up 1.2% year on year, helped by a rise in first time buyers, the latest data shows. According to industry experts the estimated growth from UK Finance was unexpected as December is traditionally a quieter month for home l...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38333833

    SELLERS OF PRIME PROPERTY IN LONDON SLASHING PRICES TO ATTRACT BUYERS

    Jan 25, 2018

    Asking prices of homes for sale in London’s most prestigious areas have been reduced by an average of £223,000, new research shows. The average discount on properties currently for sale is 9%, but in some of the top locations prices have been slashed by 14% with sellers in Knightsbridge,...

    PROPERTYWIRE.COM
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    https://RE.report/news-article.aspx?ID=38253825

    HOUSE BUILDERS FACE RISING COMPETITION FOR LAND IN THE UK

    Jan 25, 2018

    Hundreds of thousands of new homes need to be built in the UK every year but a new research report suggests that house builders are facing rising competition for land. Reduced competition in the residential development land market and increasing supply of consented land had created benign conditions...

    PROPERTYWIRE.COM
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