home.aspx

 
. home.aspx

TRENDING NEWS

home.aspx
   

    ANNUAL HOUSE PRICE GROWTH UK WIDE AT SLOWEST RATE SINCE SEPTEMBER 2012

    Apr 18, 2019

    Average house prices in the UK increased by 0.6% in the year to February 2019 to £226,000, down from 1.7% in January, the latest official figures show. It was the lowest annual rate of house price growth since September 2012 when it was 0.4%, with prices slowing over the last two years, accord...

    ONS
    READ MORE

    https://RE.report/news-article.aspx?ID=54965496

    RENTS ARE LESS AFFORDABLE IN LONDON, LEADING TO FALLING RENTAL PRICES

    Apr 18, 2019

    Rental affordability is at its highest in the North of England for a decade but renting a home is the most unaffordable on London, the latest lettings market research has found. Rents are set to rise with earnings, demand is strongest in the South East and occupancy numbers are often overlooked when...

    ZOOPLA
    READ MORE

    https://RE.report/news-article.aspx?ID=54975497

    FREDDIE MAC INVESTS $50 MILLION IN AFFORDABLE HOUSING IN RURAL, UNDERSERVED AREAS

    Apr 17, 2019

    Freddie Mac announced Wednesday it closed a Low-Income Housing Tax Credit fund with CAHEC and initiated several investments within the fund, totaling $50 million, for affordable rental housing in the Middle Appalachia area of the U.S. This closing marks the sixth LIHTC fund that Freddie has closed s...

    FREDDIE MAC
    READ MORE

    https://RE.report/news-article.aspx?ID=54985498

    REAL ESTATE STARTUP REALI ACQUIRES ONLINE LENDER LENDA, EXPANDS INTO MORTGAGES

    Apr 17, 2019

    Reali, a flat-fee real estate startup that operates in California, is following the path laid out by other tech-focused real estate companies like Zillow, Redfin, and Opendoor and getting into the mortgage business. Reali announced Wednesday that it acquired Lenda, an online mortgage lender that lau...

    REALI
    READ MORE

    https://RE.report/news-article.aspx?ID=54995499

    QUICKEN LOANS WILL NOW LET VRBO HOSTS USE RENTAL INCOME TO REFINANCE THEIR MORTGAGE

    Apr 17, 2019

    A little over a year ago, Airbnb partnered with some of the nation’s largest mortgage players, including Fannie Mae and Quicken Loans, to allow hosts using the short-term rental platform to use income from their rentals to refinance their mortgage.
    Now, Quicken Loans is at it again; thi...

    AIRBNB
    READ MORE

    https://RE.report/news-article.aspx?ID=55005500

    BTG PACTUAL’S REITBX REAL ESTATE SECURITY TOKEN OFFERING HITS SOFT CAP OF $3 MILLION

    Apr 17, 2019

    ReitBZ, part of BTG Pactual, has announced that it has hit its USD $3 million “soft cap” goal. ReitBZ has set a hard cap of USD $15 million. ReitBZ is a security token offering based on real estate assets. More specifically, distressed real estate assets due to current high inventory lev...

    BTG
    READ MORE

    https://RE.report/news-article.aspx?ID=54855485

    PEOPLE AND PROPERTY: REAL ESTATE AND CONSTRUCTION NEWS ROUNDUP

    Apr 17, 2019

    March sales of single-family homes and condominiums in the Seacoast Board of Realtors’ 13 sample Seacoast communities exceeded February totals but lagged behind 2018, the Realtors reported. Single-family sales jumped 62.7% over February and condominium sales were up a solid 21.8%. Single-famil...

    SEACOAST BOARD OF REALTORS
    READ MORE

    https://RE.report/news-article.aspx?ID=54865486

    ABU DHABI ENACTS NEW PROPERTY OWNERSHIP RULES FOR FOREIGNERS

    Apr 17, 2019

    Abu Dhabi’s government enacted changes to the emirate's real estate law, to enable foreigners to own freehold property in designated investment zones for the first time, as part of plans to increase foreign direct investment and boost the economy. “The modernisation of the real estat...

    JLL
    READ MORE

    https://RE.report/news-article.aspx?ID=54875487

    UK PROPERTY MARKET WAS SUBDUED NATIONALLY IN FIRST QUARTER OF 2019

    Apr 17, 2019

    Property exchanges increased by 7.4% in the first quarter of 2019 compared to the same quarter last year, suggesting a sustained level of activity in a subdued property market, the latest analysis report shows. But the number of new property instructions fell in the first three months of the year by...

    HUMBER
    READ MORE

    https://RE.report/news-article.aspx?ID=54885488

    RESEARCH REVEALS MORE MORTGAGE CHOICES FOR 95% LOAN RATES

    Apr 17, 2019

    The number of residential mortgage providers that include a maximum 95% loan to value (LTV) product in their range has increased, the latest comparison figures show. There are now 60 providers with this product, up from 53 a year ago and 13 more than five years ago, according to the latest research ...

    MONEYFACTS
    READ MORE

    https://RE.report/news-article.aspx?ID=54895489

    REDFIN: WEST COAST HOMEBUYERS ARE WINNING THE BIDDING WARS

    Apr 16, 2019

    As lackluster home sales push inventory growth in the nation’s housing markets, new data from Redfin suggests purchasing competition has begun to ease in nearly every metro across the country. According to the company, 56% of Americans who purchased a home in the first quarter of 2019 closed o...

    REDFIN
    READ MORE

    https://RE.report/news-article.aspx?ID=54785478

    THE HGTV EFFECT: 60% OF HOME SHOPPERS ARE WILLING TO RENOVATE

    Apr 15, 2019

    About 60% of people looking to buy a home are willing to consider a property that needs renovating as rising prices make it harder to afford a turn-key listing, according to Move.com. Most of them were inspired to take on the projects by watching TV home renovation shows on networks like HGTV, accor...

    MOVE.COM
    READ MORE

    https://RE.report/news-article.aspx?ID=54795479

    BLOOMBERG: THIS IS HOW THE WEST COAST IS BENEFITING FROM THE HOUSING MARKET SLOWDOWN

    Apr 15, 2019

    This year’s spring homebuying season has shifted towards the favor of homebuyers, heating up the nation’s tightest housing markets. In fact, according to a recent article from Bloomberg, inventory in previously hot areas like California is piling up, giving potential buyers an extra edge...

    BLOOMBERG
    READ MORE

    https://RE.report/news-article.aspx?ID=54805480

    ALTERNATIVE CO-LIVING ARRANGEMENTS GAIN POPULARITY IN URBAN ASIA PACIFIC CITIES

    Apr 12, 2019

    According to JLL's recently released Co-living in Costly Cities - Asia Pacific report, the co-living market is taking off in Asia Pacific as more people migrate to cities for jobs or education opportunities. This is opening up new opportunities for real estate developers and investors around the...

    JLL
    READ MORE

    https://RE.report/news-article.aspx?ID=54765476

    MORTGAGE RATES START TO RISE IN U.S.

    Apr 12, 2019

    According to Freddie Mac's latest Primary Mortgage Market Survey, U.S. mortgage rates rose modestly this 2nd week of April 2019, with the 30-year fixed-rate averaging 4.12 percent.
    Sam Khater, Freddie Mac's chief economist, says, "Rates moved up slightly this week while mortgage ...

    FREDDIE MAC
    READ MORE

    https://RE.report/news-article.aspx?ID=54775477

    CALIBER HOME LOANS FINED FOR ALLEGEDLY STEERING STRUGGLING HOMEOWNERS INTO RISKY MORTGAGE MODIFICATIONS

    Apr 10, 2019

    Caliber Home Loans will pay a $2 million fine and hand out an unknown number of mortgage modifications to borrowers in the state of Massachusetts to settle allegations that the company steered struggling homeowners into risky mortgage modifications. The settlement stems from allegations brought by t...

    CALIBER HOME LOANS
    READ MORE

    https://RE.report/news-article.aspx?ID=54665466

    FIRST-TIME HOMEBUYERS ARE NOT BEING SHUT OUT OFF THE HOUSING MARKET

    Apr 10, 2019

    Several housing market analysts have expressed concern that a lack of affordability has shut first-time homebuyers out of the market. But the trouble is, there hasn’t been a great measure of how many first-time buyers are actually purchasing homes. Until now. A recent paper by the Federal Rese...

    EQUIFAX
    READ MORE

    https://RE.report/news-article.aspx?ID=54675467

    NAR'S YUN SAYS RATES WILL "BIFURCATE" SPRING HOUSING MARKET

    Apr 10, 2019

    Sellers of houses near or below the U.S. median price of about $250,000 are going to see strong demand in the so-called spring selling season, said Lawrence Yun, chief economist for the National Association of Realtors. The high end of the market homes priced above $750,000 will have a tougher time,...

    NATIONAL ASSOCIATION OF REALTORS
    READ MORE

    https://RE.report/news-article.aspx?ID=54685468

    THERE HAVEN'T BEEN THIS MANY HOUSE FLIPPERS SINCE BEFORE THE HOUSING BUBBLE BURST

    Apr 10, 2019

    House flipping is making a comeback, with the number of homes built on spec approaching its 2006 high.  The latest data from CoreLogic reveals that 10.9% of all home sales in the fourth quarter of 2018 were flips, or homes that have been occupied for two years or less. This is the highest rate ...

    CORELOGIC
    READ MORE

    https://RE.report/news-article.aspx?ID=54695469

    RESEARCH SHOWS NUMBER OF LAST TIME BUYERS IN THE HOUSING MARKET HAS INCREASED

    Apr 10, 2019

    On in three home moves, about 200,000 a year are now made by owners aged 55 and over as a growing number use their huge equity reserves to find their perfect last home, according to new research. The numbers have almost doubled in the last decade and many buyers in this sector are cash buyers with l...

    INTERMEDIARY MORTGAGE LENDERS ASSOCIATION
    READ MORE

    https://RE.report/news-article.aspx?ID=54705470

    LOAN ORIGINATOR LICENSING RULES ARE ABOUT TO CHANGE: HERE'S WHAT YOU NEED TO KNOW

    Apr 09, 2019

    It’s about to get much easier for mortgage loan originators to switch jobs and continue originating mortgages without any license-related delays. Under the current rules of the Secure and Fair Enforcement for Mortgage Licensing Act, an LO who moves between states or from a bank to a nonbank is...

    NATIONWIDE MULTISTATE LICENSING SYSTEM & REGISTRY
    READ MORE

    https://RE.report/news-article.aspx?ID=54555455

    RENTCAFÉ: RENTAL PRICES HEAT UP JUST IN TIME FOR SPRING RENTING SEASON

    Apr 09, 2019

    It’s finally spring renting season and while the climate is heating up, data from RentCaféindicates national renting prices are as well. According to the company’s recent analysis, the national average rent in March totaled $1,430. Not only is this a 0.3% increase from the previou...

    RENTCAFÉ
    READ MORE

    https://RE.report/news-article.aspx?ID=54565456

    DIGITAL MORTGAGES ARE MAKING THE HOME BUYING PROCESS FASTER

    Apr 09, 2019

    It has officially become easier for millions of people in England and Wales to remortgage one year after the introduction of the first digital mortgage in the countries. As well as making it easier to remortgage, the Land Registry has announced that it is also looking to the future through its Digit...

    NATIONWIDE
    READ MORE

    https://RE.report/news-article.aspx?ID=54575457

    PRIME PROPERTY PRICES PAUSED IN SCOTLAND AT START OF YEAR BUT STILL UP 2.3%

    Apr 09, 2019

    Prime property market price growth paused in Scotland in the first quarter of 2018, but demand at the top of the market remained strong and it outperformed the rest of the UK. Overall prices were up 2.3% year on year in the 12 months to March 2019 compared with a fall of 1.8% in the rest of the UK, ...

    KNIGHT FRANK
    READ MORE

    https://RE.report/news-article.aspx?ID=54585458

    A QUARTER OF PEOPLE REGRET COMPROMISING WHEN BUYING A HOME

    Apr 09, 2019

    A quarter of people who compromised on location when buying their current home later regretted the decision, according to a new survey. Overall one in five buyers revealed that they compromised on the location of their current home and of those, some 25% said they later regretted the decision, the W...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=54605460

    ARE IBUYER COMPETITORS AN "EXISTENTIAL THREAT" TO ZILLOW?

    Apr 08, 2019

    The burgeoning iBuying industry is giving smaller companies a chance to challenge the housing market’s behemoth: Zillow Group. That’s according to a new report by Mike DelPrete, a real estate strategist who compared companies like Opendoor, which purchased more than 10,000 homes to renov...

    ZILLOW GROUP
    READ MORE

    https://RE.report/news-article.aspx?ID=54475447

    PROPERTY PRICES FELL IN MARCH, CANCELLING OUT GAINS IN FEBRUARY, LATEST INDEX SHOWS

    Apr 08, 2019

    House prices in the UK fell by 1.6% in March to an average of £233,181, correcting the rise recorded in February, the latest lender index shows. But on a quarterly basis they increased by 1.6% and year on year prices are 2.6% above where they were in March 2018, according to the figures from t...

    HALIFAX
    READ MORE

    https://RE.report/news-article.aspx?ID=54485448

    CALL FOR NEW CONSTRUCTION MINISTER TO TAKE ACTION ON HOME STANDARDS AND QUALITY

    Apr 08, 2019

    The new Construction Minister Andrew Stephenson is being urged to raise quality and standards in the home building industry by introducing licensing. Stephenson, MP for Pendle in Lancashire, was given the job after the pervious Minister Richard Harrington resigned over Brexit. ‘I warmly welcom...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=54495449

    PRIME PROPERTY MARKETS IN ENGLAND AND WALES REMAINS STRONG DESPITE BREXIT

    Apr 08, 2019

    The underlying demand for prime property across England and Wales remains strong with the latest figures showing an increase in offers made and properties sold subject to contract. Prime property prices in regional markets in England and Wales fell by 0.8% over the first three months of 2019, the th...

    KNIGHT FRANK
    READ MORE

    https://RE.report/news-article.aspx?ID=54505450

    LATEST SITES ANNOUNCED IN LONDON IN DRIVE TO GET MORE SMALL BUILDERS IN THE CITY

    Apr 05, 2019

    A new group of small sites are set to deliver much needed affordable housing for London as part of the Mayor’s Small Sites, Small Builders programme, it has been announced. Brought forward by Transport for London (TfL), the eight sites will each deliver between one and 30 homes, up to 90 in to...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=54395439

    BREXIT UNCERTAINTY DOMINATING THE PRIME PROPERTY MARKET IN LONDON

    Apr 05, 2019

    Brexit uncertainty is dominating the prime property market in London but despite this the residential sector performed reasonably well in the first quarter of 2019, with continued slowing in the rate of price falls, according to the latest research. Across the prime property market values fell by ju...

    SAVILLS
    READ MORE

    https://RE.report/news-article.aspx?ID=54405440

    SECRETARY OF STATE FOR HOUSING PLEDGES PLANNING REFORM GREEN PAPER LATER THIS YEAR

    Apr 05, 2019

    Home builders have welcomed a pledge from the Government to reduce planning delays, increase the capability of local planning departments and improve procedure to accelerate the end to end planning process. Secretary of State for Housing, James Brokenshire told the Home Builders Federation’s p...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=54415441

    CHICAGO REAL ESTATE TEAM CHASES TAX BREAKS IN THE U.S. HEARTLAND

    Apr 05, 2019

    A pair of Chicago real estate partners is betting some of the best deals to take advantage of new tax breaks for investing in low-income parts of the U.S. will be found in the Heartland. Scott Goodman, one of the developers behind the revitalization of Chicago’s West Side, and real estate firm...

    DECENNIAL GROUP
    READ MORE

    https://RE.report/news-article.aspx?ID=54425442

    RENTING CAN WORK OUT CHEAPER, BUT OWNING A HOME IS STILL A GOOD INVESTMENT

    Apr 04, 2019

    People renting a home pay 43% less than home owners for housing costs and could see savings of £77,241.61 over a standard 25 year mortgage period, new research shows. The best savings can be found in London and Bristol, according to the study into housing expenses, with insurance and maintenan...

    OCEAN FINANCE
    READ MORE

    https://RE.report/news-article.aspx?ID=54305430

    PRIME PROPERTY MARKET PERFORMING BETTER IN THE NORTH AND OUTSIDE OF LONDON

    Apr 04, 2019

    The UK’s prime regional and country house market held up better than expected in the first quarter of 2019 given heightened political uncertainty and fragile consumer sentiment, according to a new analysis. Average values remained unchanged in first three months of 2019 and fell by just 0.9% o...

    SAVILLS
    READ MORE

    https://RE.report/news-article.aspx?ID=54315431

    STUDY SUGGESTS PEOPLE WOULD MOVE HOME TO REDUCE THEIR COMMUTE TO WORK

    Apr 04, 2019

    The majority of people in Britain living in city locations would be happier living closer to work, compared to only just 8% of those living in rural areas, a new study has found. Overall 70% would move at a time when there is a growing trend for homes with a short commute as people want to achieve m...

    CANARY WHARF GROUP
    READ MORE

    https://RE.report/news-article.aspx?ID=54325432

    SAN FRANCISCO CHRONICLE: CALIFORNIA CAN’T DIVERT MORTGAGE RELIEF FUNDS TO PAY OFF STATE DEBT

    Apr 04, 2019

    In a former job, Neil Barofsky’s title was SIGTARP – the Special Inspector General overseeing the Troubled Assets Relief Program. He was one of the most feared men on Wall Street, appointed by President George W. Bush in 2008 to monitor the $700 billion bailout of some of the nation&rsqu...

    WALL STREET
    READ MORE

    https://RE.report/news-article.aspx?ID=54335433

    PRINCIPAL REAL ESTATE INCOME FUND DECLARES MONTHLY DISTRIBUTIONS OF $0.11 PER SHARE

    Apr 04, 2019

    Principal Real Estate Income Fund (the “Fund”), which is traded on the New York Stock Exchange under the symbol “PGZ,” announced the declaration of monthly distributions of $0.11 per common share, payable on the dates noted below. Based on the Fund’s current net asset v...

    PRINCIPAL REAL ESTATE INC
    READ MORE

    https://RE.report/news-article.aspx?ID=54345434

    TRULIA: THIS IS HOW SPRING'S HOUSING MARKET WILL FARE

    Apr 03, 2019

    Although several reports indicate the housing market is projected to heat up this spring, recent data from Trulia suggests the industry is currently experiencing the early stages of a cyclical downturn. “Cyclical housing market downturns occur roughly every 10 years, and they typically don&rsq...

    TRULIA
    READ MORE

    https://RE.report/news-article.aspx?ID=54235423

    FREDDIE MAC: THESE ARE THE MOST RENT-BURDENED HOUSING MARKETS

    Apr 03, 2019

    It’s not exactly a secret that affordability for both home buyers and renters is shrinking. But how much is too much?  This week, Freddie Mac released a paper analyzing rent-burdened housing markets across the U.S. and found that Miami and San Diego are the two most rent-burdened metros i...

    FREDDIE MAC
    READ MORE

    https://RE.report/news-article.aspx?ID=54245424

    PRICES MODERATE IN EDINBURGH BUT IT IS STILL ONE OF TOP CITIES IN EUROPE FOR GROWTH

    Apr 03, 2019

    Price growth in Edinburgh’s prime property market moderated in the first quarter of 2019, up 0.6% with political uncertainty possibly affecting the city’s real estate sector. However, prices in the prime property sector in Scotland’s capital city are still up 7.6% on an annual basi...

    KNIGHT FRANK
    READ MORE

    https://RE.report/news-article.aspx?ID=54255425

    ADVERTISED RENTS FELL IN THE UK BY 1.25% IN 2018, LATEST LETTING AGENT INDEX SHOWS

    Apr 03, 2019

    Advertised rents in the UK fell by 1.25% year on year in the fourth quarter of 2018 but there is considerable variation depending on location, the latest letting agent index shows. The average ranged from £605 in the North West of England, to £662 in the East Midlands, £733 in the ...

    BELVOIR
    READ MORE

    https://RE.report/news-article.aspx?ID=54265426

    NAR: HERE’S WHAT HOMEBUYERS REALLY WANT

    Apr 02, 2019

    When it comes to buying homes, most Americans are pretty unexceptional. The most in-demand properties are single-family homes, often in the suburbs, with three bedrooms and two bathrooms. That’s according to a new report from the National Association of Realtors that put the median age of home...

    NATIONAL ASSOCIATION OF REALTORS
    READ MORE

    https://RE.report/news-article.aspx?ID=54155415

    HOME-PRICE GROWTH EXPECTED TO PICK UP IN YEAR AHEAD

    Apr 02, 2019

    Home prices have been appreciating rapidly since the housing market’s recovery, but they’ve stepped off the fast track in recent months, displaying a notable slowdown in appreciation. But CoreLogic predicts a turnaround thanks to low mortgage rates, which should spur strong home buying a...

    CORELOGIC
    READ MORE

    https://RE.report/news-article.aspx?ID=54165416

    SELLING UP AND INCREASING RENT SEEN BY LANDLORDS AS THE SOLUTION FOR RISING TAX BILLS

    Apr 02, 2019

    Landlords who have seen their tax bill rise see selling property, increasing rents and reducing borrowing as their main options to cope with the change, the latest private rented sector report suggests. Some 58% of landlords saw an increase in the 2017/2018 tax bill with the increase on average some...

    PARAGON
    READ MORE

    https://RE.report/news-article.aspx?ID=54175417

    EQUITY RELEASE NOW SEEN AS A MAINSTREAM FINANCIAL OPTION OF OLDER HOME OWNERS

    Apr 02, 2019

    The importance of unlocking housing wealth to meet consumer needs in later life and continuing product innovation are ensuring equity release occupies an increasingly central role in the UK, a new report shows.

    The Spring Market Report from the Equity Release Council shows that over t...

    EQUITY RELEASE COUNCIL
    READ MORE

    https://RE.report/news-article.aspx?ID=54185418

    NEW ENERGY EFFICIENCY RULES NOW IN PLACE FOR RESIDENTIAL LANDLORDS IN ENGLAND AND WALES

    Apr 01, 2019

    New energy efficiency rules for properties in the private rented sector in England and Wales are now in force with industry organisations urging those letting property to make sure they are compliant. There is concern that agents and landlords may be unaware that the Statutory Instrument to bring in...

    NATIONAL LANDLORDS ASSOCIATION
    READ MORE

    https://RE.report/news-article.aspx?ID=54015401

    HOUSING AFFORDABILITY LARGELY UNCHANGED IN ENGLAND AND WALES IN 2018

    Apr 01, 2019

    Housing affordability in England and Wales stayed at similar levels in 2018, following five years of decreasing affordability, but new homes are less affordable, official data shows. On average, full time workers could expect to pay an estimated 7.8 times their annual workplace based earnings on pur...

    ONS
    READ MORE

    https://RE.report/news-article.aspx?ID=54025402

    REDFIN: HOMEBUYER COMPETITION EASES AS HOUSING MARKET COOLS

    Apr 01, 2019

    As the housing market continues to cooling, homebuyers across the country are benefiting from declining home prices and rising inventory. In fact, according to recent data from Redfin, housing market competition is easing, therefore permitting homebuyers to close on homes faster than previous months...

    REDFIN
    READ MORE

    https://RE.report/news-article.aspx?ID=54075407

    AMERICANS ARE RELOCATING MORE FREQUENTLY THAN BEFORE, HERE'S WHY

    Apr 01, 2019

    As the housing market continues to slow down across the country, many homeowners are relocating to housing markets that better suit their financial needs. In fact, according to NerdWallet’s Home Buyer Survey an average 47 million U.S. residents moved each year from 2012 to 2016. And among the ...

    NERDWALLET
    READ MORE

    https://RE.report/news-article.aspx?ID=54085408

    LED BY GOVERNMENT SPENDING, U.S. CONSTRUCTION RISES TO NINE-MONTH HIGH IN FEBRUARY

    Apr 01, 2019

    U.S. construction spending rose 1% in February, following an upwardly revised 2.5% surge in January, the Commerce Department said in a report today. The value of all construction put in place during February increased to a seasonally adjusted $1.32 trillion, the highest level since May 2018, the rep...

    HOUSINGWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=54095409

    ANNUAL HOUSE PRICE GROWTH FALLS IN ENGLAND FOR FIRST TIME SINCE 2012

    Apr 01, 2019

    Annual house price growth in the UK was just 0.7% in March and month on month prices hardly increased at all, up 0.2%, taking the average price to £213,102, according to the latest lender index. Year on year prices fell in London and the South East with England as a whole recording its first a...

    NATIONWIDE
    READ MORE

    https://RE.report/news-article.aspx?ID=54105410

    INDUSTRY PLEDGE STARTS PROCESS OF ENDING UNFAIR LEASEHOLDS AND FEES

    Mar 29, 2019

    More than 40 leading property developers and freeholders in the UK have signed a new Government-backed pledge to crack down on toxic leasehold deals and help existing owners who have onerous deals. They include Taylor Wimpey and Barratt Homes in a move that is designed to close the legal loopholes t...

    BARRATT HOMES
    READ MORE

    https://RE.report/news-article.aspx?ID=53985398

    ASKING PRICE GROWTH FALL ACROSS IRELAND, DOWN TO 1.1% YEAR ON YEAR IN DUBLIN

    Mar 29, 2019

    Asking prices in Ireland are continuing to moderate with annual growth of 3.3% in the first quarter of 2019 nationally, but down to just 1% in Dublin, the latest index data shows. The property report from MyHome points out that the slowdown was noticeable in the second half of 2018 and has continued...

    MYHOME
    READ MORE

    https://RE.report/news-article.aspx?ID=53995399

    TRUMP MEMORANDUM ON HOUSING FINANCE REFORM APPLAUDED BY U.S. HOME BUILDERS

    Mar 28, 2019

    The National Association of Home Builders commended President Trump this week for putting housing finance reform at the top of the national agenda and signing a memorandum directing relevant agencies to develop a plan that will help more Americans achieve the dream of homeownership in the U.S..
    NATIONAL ASSOCIATION OF HOME BUILDERS
    READ MORE

    https://RE.report/news-article.aspx?ID=53755375

    DESPITE RISING PRICES, FRANKLIN COUNTY HOMES STILL AFFORDABLE

    Mar 28, 2019

    In Franklin County, a typical worker would spend 25.4 percent of their income buying a typical home, less than the 32.7 percent national average. Despite the increase in Franklin County home prices, the average house is still within reach of typical workers, according to a new study by the real-esta...

    ATTOM DATA SOLUTIONS
    READ MORE

    https://RE.report/news-article.aspx?ID=53805380

    PENDING HOME SALES DROP 1% IN FEBRUARY, DESPITE LOWER MORTGAGE RATES

    Mar 28, 2019

    Homebuyers signed 1 percent fewer contracts to buy existing homes in February compared with January, according to the National Association of Realtors’ pending home sales index. These contracts are a harbinger of closed sales one to two months later. Pending contracts were 4.9 percent lower th...

    NATIONAL ASSOCIATION OF REALTORS
    READ MORE

    https://RE.report/news-article.aspx?ID=53815381

    PRICES RISE IN ALL CITIES IN KEY INDEX FOR FIRST TIME IN OVER THREE YEARS

    Mar 28, 2019

    Key cities in the UK continue to see property price growth with values in London and Aberdeen picking up in the 12 months to February 2019, according to the latest property index. It is the first time in three and a half years that every city in the Zoopla index have seen price growth with London re...

    ABERDEEN
    READ MORE

    https://RE.report/news-article.aspx?ID=53825382

    QUALITY OF HOMES AND LEASEHOLDS EMERGE AS TOP CONCERNS IN UK HOUSING MARKET

    Mar 28, 2019

    oncerns about the quality of the UK’s housing stock and the leasehold and freehold system have soared faster than at any point since 2014, new research has found. Some 63% are worried about the quality of home, up 6% from 2018, while 69% living in rented accommodation report serious concerns, ...

    YOUGOV
    READ MORE

    https://RE.report/news-article.aspx?ID=53835383

    ESTATE AGENTS FEES IN EUROPE ARE CHEAPEST IN THE UK

    Mar 28, 2019

    New research has found that home sellers in the UK pay much less in estate agent fees than other countries in Europe, and appear to pay less than anyone else. Although there can be a lot of criticism about the fees charged, particularly by High Street agents, an analysis shows that the UK is the che...

    GETAGENT
    READ MORE

    https://RE.report/news-article.aspx?ID=53845384

    HOME LENDING RULES LOOK SET TO CHANGE TO HELP MORTGAGE PRISONERS

    Mar 27, 2019

    Mortgage customers who have previously been unable to switch to a better deal despite being up to date with their payments, commonly known as mortgage prisoners, could soon be able to do so. The Financial Conduct Authority (FCA) has proposed changes to how lenders assess whether or not a customer ca...

    FCA
    READ MORE

    https://RE.report/news-article.aspx?ID=53705370

    REAL ESTATE CONSULTANTS PREDICT RENTING IN KELOWNA WILL GET EASIER

    Mar 27, 2019

    Rents in Kelowna have been ranked ninth most expensive to rent on the list of 25 cities in Canada. The average property, listed on rentals.ca and Bullpen Research & Consulting states that the average monthly rent for a one-bedroom was $1,299 and for a two-bedroom $1,574. They also state that in ...

    BULLPEN RESEARCH & CONSULTING
    READ MORE

    https://RE.report/news-article.aspx?ID=53715371

    SOUTHERN CALIFORNIA HOME SALES SLOWDOWN DEEPENED IN FEBRUARY; AGENTS SEE BUSIER TIMES AHEAD

    Mar 27, 2019

    Southern California home prices barely rose in February from a year earlier, as buyers continue to struggle with the high cost of housing, according to a report out Wednesday. The six-county region’s median price the point where half the homes sold for more and half for less increased just 1.2...

    CORELOGIC
    READ MORE

    https://RE.report/news-article.aspx?ID=53725372

    COURT RULES RENT-INFLATION CASE AGAINST MAJOR LANDLORD CAN PROCEED

    Mar 27, 2019

    A class action suit against Bronstein Properties that accuses the landlord of inflating or fabricating the cost of renovation work to raise rents in regulated apartments can proceed, according to a ruling in State Supreme Court yesterday. Bronstein, owner of 150 buildings in Brooklyn, Queens and Man...

    BRONSTEIN PROPERTIES
    READ MORE

    https://RE.report/news-article.aspx?ID=53735373

    EURO ZONE REAL ESTATE BUBBLES MAY REQUIRE MORE ACTION: ECB

    Mar 27, 2019

    A robust rise in euro zone real estate prices is contributing to signs of overvaluation, suggesting the need for policy measures in several countries to curb the property market, the European Central Bank said in a macroprudential bulletin on Wednesday.

    REUTERS
    READ MORE

    https://RE.report/news-article.aspx?ID=53745374

    BREXIT EFFECT ON UK PROPERTY MARKET GOES BACK FURTHER THAN RECENT MONTHS

    Mar 26, 2019

    While Brexit uncertainty is now regarded as affecting the property market in the UK, new research suggests the effects have been going on much longer than recent months. A third of home owners who have moved since the vote to leave the European Union in 2016 say that their decision was influenced by...

    BREXIT CONCERNS
    READ MORE

    https://RE.report/news-article.aspx?ID=53645364

    WORLD CITY LUXURY HOME PRICE GROWTH SLOWING, LATEST INDEX SHOWS

    Mar 25, 2019

    Prime property price growth in key cities around the world slowed in the second half of 2018 to just 0.4% but overall increased by 2.3% across 2018, the latest international index shows. The strongest growth was 9% in Berlin, followed by 7.9% in Shanghai, 7.7% in Singapore, 7.3% in Hong Kong, 6.9% i...

    SAVILLS
    READ MORE

    https://RE.report/news-article.aspx?ID=53505350

    MOST LANDLORDS AND INVESTORS PLAN TO BUY MORE IN 2019 WITH LONDON SET TO BE TOP LOCATION

    Mar 25, 2019

    London, Manchester and Liverpool are the most popular cities for buy to let investment in the UK going into 2019 and most landlords are planning to increase their portfolio, new research has found. London is the top city for buy to let with a survey of buy to let landlords and property investors sho...

    EXPERIENCE INVEST
    READ MORE

    https://RE.report/news-article.aspx?ID=53515351

    RESIDENTIAL SALES INCREASED IN THE UK IN FEBRUARY, BUT MARKET NEEDS MORE

    Mar 25, 2019

    Residential property sales in the UK increased by 1.7% between January and February and were 2.7% higher than the same period in 2018, latest official figures show. Non-residential sales increased by 6.7% month on month and 2.1% year on year while overall there were 101,780 residential and 10,650 no...

    HMRC
    READ MORE

    https://RE.report/news-article.aspx?ID=53525352

    INDUSTRY CALL FOR RESIDENTIAL LEASEHOLD REFORM RECOMMENDATIONS TO BE FOLLOWED THROUGH

    Mar 25, 2019

    Policymakers are being urged to adopt measures recommended by a Parliamentary committee to improve the residential leasehold property system as there is currently too much abuse. The Housing, Communities and Local Government Committee report into leasehold reform states that leaseholders have been t...

    NATIONAL LEASEHOLD GROUP
    READ MORE

    https://RE.report/news-article.aspx?ID=53535353

    LANDLORD ORGANISATIONS SAYS LEGAL CASE RAISES CONCERNS ABOUT POSSESSION RIGHTS

    Mar 25, 2019

    The right of a landlord in the UK to repossess a property in legitimate circumstances need to be protected if the sector is to give its backing to longer tenancies being available, it is suggested. The Government has indicated that it is in favour of longer tenancies becoming the norm in the private...

    RESIDENTIAL LANDLORDS ASSOCIATION
    READ MORE

    https://RE.report/news-article.aspx?ID=53545354

    REAL ESTATE AGENTS SAY HOUSING MARKET IS FAVORING BUYERS

    Mar 25, 2019

    Real estate agents say many of their buyers are encouraged by an expected surge of supply this spring, and that a number of them are taking a wait-and-see approach rather than hustling to get a deal done. This market shift that puts the control in the hands of the buyer was revealed by a recent Cred...

    CREDIT SUISSE
    READ MORE

    https://RE.report/news-article.aspx?ID=53605360

    SPRING HOMEBUYERS LIKELY TO GRAPPLE WITH AFFORDABILITY

    Mar 25, 2019

    Spring home-buying season is officially here, and homebuyers across the country are now projected to dominate the market. But as homeownership demand heightens, new survey data from Realtor.com suggests many prospective buyers will grapple with housing affordability. “The 2019 spring home-buyi...

    REALTOR.COM
    READ MORE

    https://RE.report/news-article.aspx?ID=53615361

    IBUYER OFFERPAD'S LATEST FUNDING ROUND BRINGS TOTAL CAPITAL RAISE TO NEARLY $1 BILLION

    Mar 25, 2019

    Offerpad is on a mission to revolutionize the home-buying and selling process, and now the Arizona-based iBuyer has fistfuls of cash to realize that goal. The company recently announced that it closed a successful round of Series C financing, bringing the total amount of equity and debt capital it h...

    IBUYER
    READ MORE

    https://RE.report/news-article.aspx?ID=53625362

    CANADIAN HOME SALES FELL SHARPLY IN FEBRUARY

    Mar 25, 2019

    Sales in Canada fell by 9.1% month in month in February and are 4.4% below where they were in the same month in 2018, the latest agent figures show. The data from the Canadian Real Estate Association (CREA) also shows that average house prices fell nationally by 5.2% to $468,350, while the number of...

    CANADIAN REAL ESTATE ASSOCIATION
    READ MORE

    https://RE.report/news-article.aspx?ID=53635363

    IS NOW A GOOD TIME TO PURCHASE A HOME?

    Mar 20, 2019

    It’s almost spring homebuying season, and new data from the National Association of Realtors indicates Americans are ready to purchase homes. According to the group's Q1 HOME survey, 37% of Americans strongly believe now is a good time to buy a home. Although this percentage is slightly do...

    NATIONAL ASSOCIATION OF REALTORS
    READ MORE

    https://RE.report/news-article.aspx?ID=53405340

    FACEBOOK MAKING MASSIVE CHANGES TO AD PLATFORM AFTER BEING ACCUSED OF ENABLING HOUSING DISCRIMINATION

    Mar 20, 2019

    Facebook is making significant changes to its advertising platform after the social media monolith was accused of enabling discrimination in housing, employment, and lending. The changes come after years of scrutiny into Facebook’s ad practices, which appeared to allow advertisers to purposefu...

    FACEBOOK
    READ MORE

    https://RE.report/news-article.aspx?ID=53415341

    BUY TO LET IN THE UK IS STILL A GOOD INVESTMENT COMPARED TO GOLD AND OTHER ASSETS

    Mar 20, 2019

    Buy to let is still a good investment option in the UK, beating investing in gold, cash and fine art in the last decade in terms of returns, new research has found. Investing in the FTSE 100 would have brought the biggest return when considering the annual capital gain and the percentage yield with ...

    VERISMART
    READ MORE

    https://RE.report/news-article.aspx?ID=53425342

    RESEARCH REVEALS COST OF LANDLORD LICENCING SCHEMES AROUND THE UK

    Mar 20, 2019

    As more local authorities bring in licences for landlords in the UK’s private rented sector, new research has found that the cost is like a postcode lottery. In Scotland and Wales landlord licences are mandatory, while in England one in six local authorities now have their own scheme in place....

    DIRECT LINE
    READ MORE

    https://RE.report/news-article.aspx?ID=53435343

    PRICE OF LAND FOR NEW HOMES RISES IN AUSTRALIA DESPITE A FALL IN DEMAND

    Mar 20, 2019

    The price of land for new residential building has continued to rise in Australia despite a fall in demand for new build homes, according to the latest research. The March 2019 edition of the HIA-CoreLogic Residential Land Report provides updated activity in 47 markets across Australia, including th...

    HIA-CORELOGIC
    READ MORE

    https://RE.report/news-article.aspx?ID=53445344

    ANNUAL PROPERTY PRICE GROWTH HAS SLOWED CONSIDERABLY IN IRELAND

    Mar 19, 2019

    Property prices in Ireland increased by 5.6% in the year to January 2019, down from annual growth of 11.8% in the 12 months to January 2018, the latest official figures show. The data from the Central Statistics Office reveals that the market is weaker in Dublin with prices up 1.9% year on year, alt...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=53305330

    ON EVE OF NEW FIT FOR HABITATION RULES FOR RENTED HOMES, POLL SHOWS EXTENT OF TENANT ISSUES

    Mar 19, 2019

    On the eve of new rules aimed at making sure that homes to let in the UK are fit to live in, new research suggests that almost half of tenants claims to have been injured or become ill due to the condition of the property they rent. The Homes (Fitness for Human Habitation) Act comes into force on 20...

    RESIDENTIAL LANDLORDS ASSOCIATION
    READ MORE

    https://RE.report/news-article.aspx?ID=53315331

    PRICES IN ENGLAND AND WALES INCREASED BY 0.5% IN FEBRUARY

    Mar 19, 2019

    Property prices in England and Wales increased by 0.5% in February, taking the average price of a home to £302,435, the latest agent index shows. It was the third month in a row that prices crept up but they are still down 0.5% compared with the same month in 2018, according to the data from t...

    YOUR MOVE
    READ MORE

    https://RE.report/news-article.aspx?ID=53325332

    BATH IS BEST CITY IN THE UK FOR FIRST TIME BUYERS, NEW RESEARCH SUGGESTS

    Mar 19, 2019

    Bath is the best city in the UK for first time buyers to get on the housing ladder with job opportunities and good disposable income helping those seeking to get on the housing ladder, new research has found.London is the worst location for first time buyers due to high property prices while Oxford ...

    MONEYSUPERMARKET
    READ MORE

    https://RE.report/news-article.aspx?ID=53335333

    RENTAL GROWTH WAS SUBDUED IN THE UK IN THE 12 MONTHS TO FEBRUARY 2019

    Mar 19, 2019

    Rental growth in the UK has been subdued in the 12 months to February 2019, up by just 1.02% year on year to an average of £1,216 per month, the latest lettings index shows. A breakdown of the figures from the Landbay index shows that in England rents increased by 1.19% on an annual basis to &...

    LANDBAY
    READ MORE

    https://RE.report/news-article.aspx?ID=53345334

    USUAL SPRING HOUSING MARKET BUOYANCY WEIGHED DOWN BY BREXIT UNCERTAINTY

    Mar 18, 2019

    The average residential property asking price in Britain increased by just 0.4% this month as Brexit uncertainty ate into the start of the traditionally busier spring housing market, according to the latest index report. It is the lowest average monthly rise at this time of year since 2011, and cons...

    RIGHTMOVE
    READ MORE

    https://RE.report/news-article.aspx?ID=53205320

    RENTS IN BRITAIN INCREASED BY 1.1% IN FEBRUARY, LED BY 2.4% RISE IN LONDON

    Mar 18, 2019

    Rental growth in Britain nearly doubled to 1.1% in February 2019, driven by a 2.4% year on year rise in Greater London rents, according to the latest lettings index. This took the average rent to £965 per month. But when London is excluded the annual growth fall to 0.4% with a rent of £7...

    HAMPTONS
    READ MORE

    https://RE.report/news-article.aspx?ID=53215321

    DETAILS OF NEW ECO STANDARDS FOR NEW HOMES IN ENGLAND EXPECTED WITHIN WEEKS

    Mar 18, 2019

    Details of the Future Homes Standard 2025 announced by the Chancellor in his Spring Statement are expected to be announced soon with a consultation process promised for this Spring. The standards will set out what is needed so that new homes built in England have the latest green technology with the...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=53225322

    EQUITY RELEASE FUNDS 46 FIRST TIME HOME BUYERS A WEEK

    Mar 18, 2019

    Home owners in Britain taking out equity release on their property helped 46 first time buyers a week onto the housing ladder in 2018, new research shows.An analysis by Canada Life Home Finance estimates that 2.9% of the 82,791 equity release customers in 2018 used the money to help first time buyer...

    CANADA LIFE HOME FINANCE
    READ MORE

    https://RE.report/news-article.aspx?ID=53235323

    PRIME PROPERTY MARKET IN PARIS SEEING STRONG DEMAND AGAINST BACKDROP OF LOW SUPPLY

    Mar 18, 2019

    The prime property market in Paris is set to see strong growth in 2019 with prices and sales up in 2018 and well prices properties finding buyers quickly, according to a new analysis. Prices increased by 5.3% in 2018, according to the prime Paris residential index report from international real esta...

    KNIGHT FRANK
    READ MORE

    https://RE.report/news-article.aspx?ID=53245324

    HEY CALIFORNIANS, YOUR HOUSING MARKET IS LIKELY TO COOL OFF COME 2020

    Mar 15, 2019

    It’s no secret that California’s economy is large – so large that its $2.7 trillion financial system ranks fifth in the world, championing the United States' national economy. But as the U.S. continues to grapple with an oncoming economic slowdown, the UCLA Anderson Forecast, w...

    CALIFORNIA ASSOCIATION OF REALTORS
    READ MORE

    https://RE.report/news-article.aspx?ID=53105310

    PROLONGED BREXIT UNCERTAINTY WEIGHTING HEAVILY ON UK HOUSING MARKET

    Mar 15, 2019

    Prolonged Brexit uncertainty will likely further damage the UK housing market with the latest residential market survey finding that it is holding back sales. Some 77% of respondents to the February survey from the Royal Institution of Chartered Surveyors (RICS) believe that transactions are being a...

    RICS
    READ MORE

    https://RE.report/news-article.aspx?ID=53115311

    FUNDING ANNOUNCED FOR TENS OF THOUSANDS OF HOMES IN LONDON NEAR TRANSPORT LINKS

    Mar 15, 2019

    Two major new housing communities are to be built in London alongside new railway stations, it has been announced. The Government will provide £250 million so up to 13,000 new homes can be built close to the new HS2 railway station at Old Oak Common, near East Acton, London, which will become ...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=53125312

    POSITIVE START TO THE YEAR FOR HOME LENDING BUT BUY TO LET MORTGAGE NUMBERS FALL AGAIN

    Mar 15, 2019

    The latest industry mortgage trend figures for the UK confirm that the property market has had a perhaps unexpectedly positive start to the year. There were 25,100 new first time buyer mortgages completed in January 2019, up 4.6% compared with the same month in 2018, according to the data from UK Fi...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=53135313

    NUMBER OF NEW BUILD HOMES COMPLETED IN SCOTLAND UP BY 4%

    Mar 15, 2019

    There was a 4% rise in the number of new build homes completed in Scotland in the 12 months to September 2018, the latest official figures to be published show. Overall, some 18,750 new build homes were completed across all sectors, according to the over the year ending September 2018, according to ...

    SCOTLAND’S CHIEF STATISTICIAN
    READ MORE

    https://RE.report/news-article.aspx?ID=53145314

    HOUSING MARKETS IN THE US ARE NOW MORE BUYER FRIENDLY, LATEST RESEARCH SHOWS

    Mar 14, 2019

    Buyers in the United States are gaining more negotiating power as the housing market slows, especially in some of the nation’s hottest markets, new research has found. Limited inventory and rapid price growth has been a characteristic of the property market for several years but now in 20 of t...

    ZILLOW
    READ MORE

    https://RE.report/news-article.aspx?ID=53005300

    CHANCELLOR AIMS TO BOOST HOUSING MARKET WITH NEW FUNDING AND PLANNING REFORM

    Mar 14, 2019

    Funding is to be made available to boost the number of affordable homes being built in the UK and a new green paper will be published to accelerate the planning process with builders encouraged to build a more diverse range of properties. Chancellor of the Exchequer Philip Hammond did announce in hi...

    KNIGHT FRANK
    READ MORE

    https://RE.report/news-article.aspx?ID=53015301

    HOME SALES IN DUBLIN INCREASED BY ALMOST 6% IN 2018, NEW ANALYSIS SHOWS

    Mar 14, 2019

    The number of house sales in Dublin increased by 5.9% in 2018 and the value rose by 17.7% to €8.7 billion, the latest residential data analysis shows. The number of house sales rose in 14 of Dublin’s 22 postcodes, while it fell in eight and sales also rose in County Dublin, according to t...

    MYHOME
    READ MORE

    https://RE.report/news-article.aspx?ID=53025302

    ASKING PRICES DOWN BY 0.3% IN ENGLAND AND WALES IN LAST 12 MONTHS

    Mar 14, 2019

    Asking prices in England and Wales fell by 0.3% in the 12 months to March 2019, while in Scotland they increased by 2.1%, the latest property market index shows. Month on month asking prices increased by 0.2% in England and Wales and by 0.4% in Scotland with only the East of England seeing a fall, d...

    HOME.CO.UK
    READ MORE

    https://RE.report/news-article.aspx?ID=53035303

    GOOGLE WILL SPEND $13 BILLION ON U.S. REAL ESTATE IN 2019, EXPANDING INTO NEVADA, OHIO, TEXAS AND NEBRASKA

    Mar 13, 2019

    Google’s massive footprint is only getting bigger in 2019. CEO Sundar Pichai said in a blog post on Wednesday that the company is building new data centers and offices and expanding several key locations across the U.S., spending $13 billion this year. Pichai outlined the plans, which include ...

    GOOGLE
    READ MORE

    https://RE.report/news-article.aspx?ID=53045304

    DUBAI REAL ESTATE GIANT EMAAR TO LAUNCH ETH TOKEN, CONSIDERS ICO IN EUROPE

    Mar 13, 2019

    Dubai-based real estate giant Emaar has announced plans to launch a token and is considering holding an initial coin offering (ICO) in Europe, English-language local media Arabian Business reports on March 11. Per the article, the token will be developed by Swiss blockchain startup Lykke, and will g...

    SWISS
    READ MORE

    https://RE.report/news-article.aspx?ID=52905290

    NAKHEEL TO SHOWCASE US$15.8 BILLION IN DUBAI REAL ESTATE AT MIPIM

    Mar 13, 2019

    Dubai-based master developer Nakheel is heading back to MIPIM for the fourth year running to showcase plethora of real estate investment opportunities including newly-launched residential projects collectively worth more than US$15.8 billion. Nakheel, which first represented Dubai at MIPIM in 2016, ...

    NAKHEEL
    READ MORE

    https://RE.report/news-article.aspx?ID=52925292

    THIS IS HOW MUCH THE U.S. SPENT ON HOUSING CONSTRUCTION IN JANUARY

    Mar 13, 2019

    The U.S. Census Bureau announced that construction spending during January 2019 was estimated at a seasonally adjusted annual rate of $1.28 trillion, rising 1.3% from the revised December estimate of $1.26 trillion. Notably, January’s spending is 0.3% above the January 2018 estimate of $1.276 ...

    U.S. CENSUS BUREAU
    READ MORE

    https://RE.report/news-article.aspx?ID=52935293

    FORECLOSURE RATE FALLS TO NEAR 20-YEAR LOW

    Mar 13, 2019

    The share of mortgages in some stage of the foreclosure process fell to 0.4% in December, tying with the previous month for the lowest rate since January 2000, according to the latest report from CoreLogic. Nationally, 4.1% of all mortgages were in some stage of delinquency, the report showed, meani...

    CORELOGIC
    READ MORE

    https://RE.report/news-article.aspx?ID=52945294

    ROYAL BANK OF CANADA FORMS C$7 BLN REAL ESTATE PARTNERSHIP

    Mar 12, 2019

    Royal Bank of Canada will form a real estate investment partnership with property assets worth over C$7 billion ($5.24 billion), the country’s largest lender said in a statement on Tuesday. The agreement was between RBC Global Asset Management Inc, pension fund manager British Columbia Investm...

    ROYAL BANK OF CANADA
    READ MORE

    https://RE.report/news-article.aspx?ID=52915291

    NUMBER OF EMPTY HOMES IN ENGLAND HAS INCREASED SUBSTANTIALLY, OFFICIAL FIGURES SHOW

    Mar 12, 2019

    The number of homes left empty in England for at least six months increased by 5.3% in the 12 months to October 2018, the highest level since 2012, official figures show. It is the second year in a row that long term empty home numbers have risen. In the 12 month period they reached 216,186 and a st...

    MHCLG
    READ MORE

    https://RE.report/news-article.aspx?ID=52805280

    NUMBER OF FIRST TIME BUYERS COMPLETING MORTGAGES VIA INTERMEDIARIES AT THREE YEAR HIGH

    Mar 12, 2019

    The completion rate for mortgage offers to first time buyers in the UK via intermediaries reached a three year high of 89% in the fourth quarter 2018, new figures from the industry show. Overall, the rate of completed mortgage offers for first time buyers handled by mortgage intermediaries increased...

    IMLA
    READ MORE

    https://RE.report/news-article.aspx?ID=52815281

    CONSULTATION LAUNCHED ON GIVING TENANTS A GREATER SAY IN HOUSING POST GRENFELL

    Mar 12, 2019

    The National Housing Federation has launched a consultation on giving tenants a greater say in housing matters. It is seeking views on its draft plan, Together with Tenants, that proposes giving tenants a greater voice in influencing decision-making in housing. The NHF says that this would re-balanc...

    NATIONAL HOUSING FEDERATION
    READ MORE

    https://RE.report/news-article.aspx?ID=52825282

    HOUSE BUILDERS HIT OUT AT ADMISSION THAT STARTER HOMES TARGET WILL NOT BE MET

    Mar 12, 2019

    No starter homes have been built in the past three years and the Government will fail to reach its target of 200,000 by 2020 despite allocating £1.2 billion to the programme. Housing Minister Kit Malthouse has admitted that the election pledge made in 2015 to build starter home exclusively for...

    NATIONAL FEDERATION OF BUILDERS
    READ MORE

    https://RE.report/news-article.aspx?ID=52835283

    PROPERTY MARKET IN PORTUGAL BRIGHTENS AFTER WEAK END TO 2018

    Mar 12, 2019

    The residential property market in Portugal had started the year with a positive outlook after weakening at the end of 2018, the latest housing market survey shows. In the lettings market, rental expectations also turned marginally positive in January while in the sales market, new buyer demand held...

    ROYAL INSTITUTION OF CHARTERED SURVEYORS
    READ MORE

    https://RE.report/news-article.aspx?ID=52845284

    CBRE GROWS VALUATION BUSINESS BY ACQUIRING FLORIDA VALUATION GROUP

    Mar 06, 2019

    CBRE is growing its commercial real estate valuation business, as the company announced this week that it acquired Florida Valuation Group, a commercial real estate appraisal firm that specializes in right-of-way appraisal and litigation support for eminent domain proceedings in Florida and the Sout...

    CBRE
    READ MORE

    https://RE.report/news-article.aspx?ID=52405240

    NEW STUDY: HOME SELLERS STILL DEPEND ON REAL ESTATE AGENTS DESPITE DISRUPTIONS

    Mar 06, 2019

    Home sellers think they know what they’re doing when it comes to selling their properties, but according to a new survey from Clever Real Estate, they’re often wrong or not ready. Homeowners don’t realize how much it costs to sell a home, with 45% not expecting to pay the buyer&rsq...

    CLEVER REAL ESTATE
    READ MORE

    https://RE.report/news-article.aspx?ID=52495249

    FIRST SMALL BUILDER SITE FOR NEW HOMES APPROVED IN LONDON

    Mar 06, 2019

    The first site in the Mayor of London’s small sites for small builders programme has been given the go-ahead in Barnet where 50% of the homes will be affordable. Barnet Council’s planning committee decision means that Beechwood Avenue will deliver 97 homes with work on the site expected ...

    BARNET COUNCIL
    READ MORE

    https://RE.report/news-article.aspx?ID=52515251

    CALL FOR NEW RULES TO BE INTRODUCE TO SAFEGUARD OWNERS OF NEW BUILDS AGAINST DEFECTS

    Mar 06, 2019

    People buying new-build homes should be able to hold back 5% of the purchase price until the house builder has fixed any problems or defects with the property, says a new report. Think tank, the Social Market Foundation, believes that new rules are needed to fix a broken and uncompetitive market for...

    THINK TANK
    READ MORE

    https://RE.report/news-article.aspx?ID=52525252

    NUMBER OF TALL BUILDINGS IN LONDON CONTINUES TO GROW, ANNUAL SURVEY SHOWS

    Mar 06, 2019

    The number of tall buildings in the pipeline in London increased in 2018, with more proposals submitted for outer areas of the capital due to demand for Build to Rent and co-living. The annual tall buildings survey 2019 from New London Architecture, says that the overall rise is consistent with rece...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=52535253

    CRE'S END-OF-CYCLE INVESTMENT STRATEGY LOOKS VERY DIFFERENT THAN IT DID BEFORE THE RECESSION

    Mar 06, 2019

    The global economy is widely predicted to be approaching its first downturn since the Great Recession over the next two years, but the commercial real estate investment environment looks completely different than it did at the end of the last cycle.

    BISNOW
    READ MORE

    https://RE.report/news-article.aspx?ID=52545254

    REDFIN: THESE HOUSING MARKETS GIVE LOW-INCOME FAMILIES A BETTER SHOT AT THE AMERICAN DREAM

    Mar 05, 2019

    Housing affordability continues to be a concern for Americans across the country, especially for those living in pricey housing markets. Fortunately, for those struggling to make ends meet, various pockets throughout the country offer low-income families a shot at the American dream. “Homeowne...

    REDFIN
    READ MORE

    https://RE.report/news-article.aspx?ID=52415241

    NEW HOME SALES RISE 3.7% IN DECEMBER, SIGNALING PROMISING SPRING HOME BUYING SEASON

    Mar 05, 2019

    New home sales rebounded in December, according to the latest report from the Census Bureau and the Department of Housing and Urban Development.  According to their analysis, new home sales reversed course from November, moving forward 3.7% in December. In fact, sales of new single-family house...

    DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
    READ MORE

    https://RE.report/news-article.aspx?ID=52425242

    ANNUAL HOUSE PRICE GROWTH OF 3.3% IN THE UK IN 2018 WAS WEAKEST SINCE 2013

    Mar 05, 2019

    House price growth in 2018 in the UK was the weakest it has been since 2013 while it was stronger in the rest of the UK, annual figures from the Land Registry shows. In the UK as a whole property prices increased on an annual basis by 3.3% last year, down from 4.5% in 2017, 7% in 2016, 6% in 2015 an...

    LAND REGISTRY
    READ MORE

    https://RE.report/news-article.aspx?ID=52435243

    FIRST TIME BUYER MORTGAGES IN WALES REACHED A 12 YEAR HIGH IN 2018

    Mar 05, 2019

    More first time buyers got a mortgage to get on the housing ladder in Wales in 2018, with industry data showing they increased by 4.3% in the final quarter year on year. There were 4,800 new first time buyer mortgages completed and the £0.58 billion of new lending in the quarter was 7.4% more ...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=52445244

    LATEST HOUSING MARKET RESEARCH REVEALS MOST BUYER FRIENDLY METROS IN THE US

    Mar 04, 2019

    San Francisco, San Jose, Seattle and Denver have seen home values grow more slowly than the nation over the past year, but they are the four hottest property markets compared to the rest of the United States, new research shows. This is largely because, despite some of the highest prices in the coun...

    ZILLOW
    READ MORE

    https://RE.report/news-article.aspx?ID=52325232

    ANNUAL PRICE GROWTH IN KEY UK CITIES CONTINUES TO MODERATE, LATEST INDEX SHOWS

    Mar 04, 2019

    The annual rate of growth in key cities in the UK continued to moderate in the 12 months to January 2019, up 2.9%, but 13 cities recorded lower price growth than a year ago, the latest index shows. Prices are rising fastest in Leicester with annual growth of 6%, followed by Belfast up 5.8%, Manchest...

    ABERDEEN
    READ MORE

    https://RE.report/news-article.aspx?ID=52345234

    CONSTRUCTION SPENDING RETREATS 0.6% IN DECEMBER

    Mar 04, 2019

    The U.S. Census Bureau announced that construction spending during December 2018 was estimated at a seasonally adjusted annual rate of $1.29 trillion, retreating 0.6% from the revised November estimate of $1.3 trillion. Notably, December’s spending is 1.6% above the December 2017 estimate of $...

    NATIONAL ASSOCIATION OF HOME BUILDERS
    READ MORE

    https://RE.report/news-article.aspx?ID=52305230

    RENT POSTS LARGEST QUARTERLY DECLINE IN 30 YEARS AS MORE RENTERS BECOME BUYERS

    Mar 01, 2019

    After hitting an all-time high in the third quarter of 2018 and topping $1,000 for the first time ever, nationwide rents fell precipitously in the fourth quarter as landlords perhaps saw the error in their ways. During the third quarter of 2018, the nationwide median asking rent hit $1,003, the firs...

    CENSUS BUREAU
    READ MORE

    https://RE.report/news-article.aspx?ID=52315231

    PROPERTY PRICES IN THE UK ARE JUST 0.4% ABOVE WHERE THEY WERE A YEAR AGO

    Mar 01, 2019

    Annual house price growth in the UK remained sluggish in February, up just 0.4% and month on month prices fell by 0.4%, the latest lender index shows. This means that the average price of a property was £211,304, down from the average of £211,966 in January 2019, the data from the Nation...

    NATIONWIDE
    READ MORE

    https://RE.report/news-article.aspx?ID=52335233

    DEMAND FROM BUYERS FELL IN THE UK AT START OF 2019 DUE TO BREXIT UNCERTAINTY

    Feb 28, 2019

    Estate agents in the UK saw demand from house hunters fall in January as buyers continue to adopt a wait and see attitude due to protracted Brexit negotiations, the latest sector report suggests. Overall the number of house hunters registered per estate agent branch fell from 304 in December to 297 ...

    NATIONAL ASSOCIATION OF ESTATE AGENTS
    READ MORE

    https://RE.report/news-article.aspx?ID=52185218

    LONDON MAYOR, COUNCILS AND HOUSING ASSOCIATIONS WARN OF BREXIT IMPACT ON HOUSING

    Feb 28, 2019

    The Mayor of London, London Councils and the G15 group of London’s largest housing associations have sent an open letter to the Secretary of State for Housing warning of the potentially catastrophic effects that a no-deal Brexit could have on affordable housing delivery. In the letter they say...

    G15 GROUP OF LONDON
    READ MORE

    https://RE.report/news-article.aspx?ID=52195219

    THINK TANK SAYS THAT JUST BUILDING MORE HOMES IS NOT THE SOLUTION TO THE HOUSING CRISIS

    Feb 28, 2019

    More houses need to be built in the UK to relieve the pressure on first time buyers, but this will not address the growing issue of under-occupancy and the lack of affordability caused by population increases and ageing, according to a new report. The analysis by the Cass Business School for think t...

    CSFI
    READ MORE

    https://RE.report/news-article.aspx?ID=52205220

    LACK OF SUPPLY PUSHING UP SALES OF TRADITIONAL HOMES IN THE SCOTTISH BORDERS

    Feb 28, 2019

    A limited number of properties being out up for sale in the Scottish Borders means that the residential property market is currently good for sellers, the latest agents report suggests. For the final quarter of 2018, independent property consultancy Galbraith’s offices in Kelso and Galashiels ...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=52215221

    NUMBER OF OVERSEAS BUYERS IN SPAIN FALLS SUBSTANTIALLY, NEW ANALYSIS SHOWS

    Feb 28, 2019

    Overseas buyers in Spain are becoming more diverse but overall the number did not increase in the final quarter of 2018, new research shows. It is the first time that the number of foreign buyers did not increase for several years, according to property market analyst from Mark Stucklin of Spanish P...

    ASSOCIATION OF SPANISH LAND REGISTRARS
    READ MORE

    https://RE.report/news-article.aspx?ID=52225222

    HOME BUILDING ACTIVITY REACHED AN ALL-TIME HIGH IN AUSTRALIA IN 2018

    Feb 28, 2019

    Home building activity in Australia reached an all-time high in 2018 but experts are predicting that the number if residential properties under construction will fall over the next two years. Figures released by the Australian Bureau of Statistics (ABS) show that the residential building industry di...

    ABS
    READ MORE

    https://RE.report/news-article.aspx?ID=52235223

    LIGHTSTONE BUYS ANOTHER HUGE SOUTH BRONX SITE; PLANS 2K UNIT COMPLEX

    Feb 27, 2019

    The Lightstone Group is again adding to its South Bronx holdings, buying a massive land parcel in the area for $59 million with plans to build a 2,000-unit residential development across that parcel and a site it purchased late last year. The two sites at in Mott Haven are an empty lot and a former ...

    LIGHTSTONE GROUP
    READ MORE

    https://RE.report/news-article.aspx?ID=52245224

    BANKS ARE GEARING UP FOR ANOTHER STRONG YEAR IN CRE LENDING

    Feb 27, 2019

    The Mortgage Bankers Association (MBA) recently reported another stellar year for commercial/multifamily mortgage originations in 2018. Although the MBA will release final data next month, results from its fourth quarter mortgage originations survey point to volume that could be 3 percent higher tha...

    MORTGAGE BANKERS ASSOCIATION
    READ MORE

    https://RE.report/news-article.aspx?ID=52085208

    AMAZON WALKS AWAY FROM 722K SF LEASE FOR SEATTLE’S RAINIER SQUARE

    Feb 27, 2019

    Amazon is walking away from another huge real estate deal, this time in its hometown of Seattle. The e-commerce giant is cancelling a 722,000-square-foot lease for the entirety of Wright Runstad & Company’s 58-story Rainier Square tower, currently under construction, according to the Seatt...

    AMAZON
    READ MORE

    https://RE.report/news-article.aspx?ID=52095209

    US HOUSING MARKET OFF TO SHAKY START IN 2019 AMID PRICE DIP, SLUGGISH CONSTRUCTION

    Feb 27, 2019

    U.S. housing prices recorded their slowest growth in four years during 2018, signaling that this year may be a trying time for the real estate industry. The S&P CoreLogic Case-Shiller National Home Price Index, which tracks average home prices in cities across the country, rose 4.7 percent by th...

    CORELOGIC
    READ MORE

    https://RE.report/news-article.aspx?ID=52105210

    NEW YORK, MIAMI TOPS LIST OF MOST BUYER-FRIENDLY HOUSING MARKETS

    Feb 27, 2019

    Based on new research by Zillow, prospective homebuyers in Miami and the New York metro area can expect more favorable conditions than those in most other major U.S. housing markets. Zillow's Buyer-Seller Index shows how hot a region's housing market is compared to others by analyzing sale-t...

    ZILLOW
    READ MORE

    https://RE.report/news-article.aspx?ID=52055205

    THE TIME IT TAKES TO SELL A HOME HAS INCREASED BY FIVE DAYS IN LAST 12 MONTHS

    Feb 27, 2019

    The average time to sell a property in the UK has increased from 72 days in January 2018 to 77 days in the current market, according to new research. Towns in the North West of England are where sellers have seen the biggest improvements from last year, with Burnley, Morecambe, Widnes, Lancaster and...

    RIGHTMOVE
    READ MORE

    https://RE.report/news-article.aspx?ID=52065206

    BOSTON TO SEE AN OUTSIZED NUMBER OF NEW APARTMENT UNITS DELIVERED IN 2019

    Feb 26, 2019

    Boston’s apartment market is bracing for thousands of new, luxury apartments to open 2019. “There are only a handful of markets across the country that have this much construction underway,” says Peter Conway, market analyst for New England with research firm the CoStar Group. &ldq...

    CBRE
    READ MORE

    https://RE.report/news-article.aspx?ID=52075207

    MORE LANDLORDS RAISED RENTS IN JANUARY IN THE UK’S PRIVATE RENTED SECTOR

    Feb 26, 2019

    The number of tenants in the UK’s private rented sector experiencing rent increases rose in January for the first time since September, according to letting gents. Overall, some 26% of members of the Association of Residential Letting Agents (ARLA) reported a rise in landlords increasing rents...

    ASSOCIATION OF RESIDENTIAL LETTING AGENTS
    READ MORE

    https://RE.report/news-article.aspx?ID=51895189

    LANDLORDS HAVE BIGGEST CHOICE IN BUY TO LET MORTGAGES SINCE 2007

    Feb 26, 2019

    While the tax and rule changes imposed on the buy to let sector over the last few years have heightened the pressures felt by landlords, they now have more choice when it comes to mortgages, new research has found. Indeed, the number of buy to let mortgages is currently 2,163, the highest since befo...

    MONEYFACTS
    READ MORE

    https://RE.report/news-article.aspx?ID=51905190

    COMMERCIAL REAL ESTATE VOLUMES FELL IN THE UK IN 2018, BUT UP ON THREE YEAR AVERAGE

    Feb 26, 2019

    Commercial real estate investment volumes in the UK fell by 5.7% year on year in 2018 to £62.1 billion, a new analysis report shows. But real estate has performed remarkably well compared to other global asset classes, according to the market in minutes report from real estate firm Savills, wi...

    SAVILLS
    READ MORE

    https://RE.report/news-article.aspx?ID=51915191

    HOME SALES FELL IN THE US IN JANUARY WHILE SUPPLY INCREASED, LATEST INDEX SHOWS

    Feb 26, 2019

    Existing home sales in the United States fell slightly in January, down 1.2% month on month but it was the third monthly fall in row, the latest index data shows, as only the North East saw sales rise. Sales are also down by 8.5% year on year and the total for January at 4.94 million were the lowest...

    NATIONAL ASSOCIATION OF REALTORS
    READ MORE

    https://RE.report/news-article.aspx?ID=51925192

    TAX CUTS SHOULD BOOST INDIAN REAL ESTATE DEMAND, BUT MANY ISSUES LINGER

    Feb 26, 2019

    A tax cut by India to help the country's troubled housing sector should boost home sales, but by itself will not be enough to put cash-short developers on more solid ground, say industry executives. On February 25, a government body said the sales-tax on under-construction residential houses in ...

    REUTERS
    READ MORE

    https://RE.report/news-article.aspx?ID=51935193

    ZILLOW AS MORTGAGE LENDER: REAL ESTATE GIANT GOING ‘FURTHER DOWN THE FUNNEL’ OF BUYING A HOUSE

    Feb 26, 2019

    Thousands of would-be home buyers looking for a mortgage will soon have a new option: Zillow Group. The Seattle-based online real estate giant is preparing to go deeper into the business of mortgage origination, making loans to help people buy the same homes they come across in the Zillow app. It&rs...

    ZILLOW GROUP
    READ MORE

    https://RE.report/news-article.aspx?ID=51945194

    NUMBER OF HOMES BEING BUILT DROPS TO LOWEST LEVEL IN OVER 2 YEARS

    Feb 26, 2019

    The number of homes being built in December plunged to the lowest level in more than two years, a possible sign that developers are anticipating fewer new houses to be sold this year. The Commerce Department said Tuesday that housing starts fell 11.2 percent in December from the previous month to a ...

    USATODAY
    READ MORE

    https://RE.report/news-article.aspx?ID=51955195

    HOUSING STARTS TUMBLE TO LOWEST LEVEL IN MORE THAN 2 YEARS

    Feb 26, 2019

    The number of homes being built in December plunged to the lowest level in more than two years, a possible sign that developers are anticipating fewer new houses to be sold this year. The Commerce Department said Tuesday that housing starts fell 11.2 percent in December from the previous month to a ...

    CNBC
    READ MORE

    https://RE.report/news-article.aspx?ID=52045204

    PROPERTY SALES IN UK INCREASED AT BEGINNING OF THIS YEAR, OFFICIAL DATA SHOWS

    Feb 25, 2019

    Residential property sales in the UK were positive at the beginning of the year, up 0.8% between December 2018 and January 2019, official data shows. Overall there were 101,170 residential sales, taking them 1.3% higher than January 2018, according to the figures from HMRC. They increased by 0.9% ye...

    HMRC
    READ MORE

    https://RE.report/news-article.aspx?ID=51755175

    MOST PROPERTIES FOR SALE FOR £1M OR MORE ARE IN JUST FIVE AREAS OF LONDON

    Feb 25, 2019

    A third of properties for sale in the UK for a million pounds or more are located in just five boroughs in London, new research shows. Overall, there are more than 20,000 properties currently on the market in this price range with 11,404 of them in Greater London and 1,992 in Surrey, according to th...

    HOUSESIMPLE
    READ MORE

    https://RE.report/news-article.aspx?ID=51765176

    EAST STAFFORDSHIRE NAMED AS MOST BREXIT-PROOF HOUSING MARKET IN BRITAIN

    Feb 25, 2019

    With a lot of talk about whether or not Brexit is affecting the property market in Britain, a new study has looked at where it might, or might not, be having an effect. It has found that East Staffordshire has the most Brexit proof housing market with the average property price up by 10% in 2018, fo...

    GARRINGTON
    READ MORE

    https://RE.report/news-article.aspx?ID=51775177

    RETIRED HOME OWNERS IN BRITAIN SEE PROPERTY WEALTH INCREASE BY £1,000 A MONTH

    Feb 25, 2019

    Home owners in Britain aged 65 and over have effectively earned almost £1,000 a month over the last six months from their properties, new research shows. It means that retired home owners’ property wealth increased by £28 billion over the period to a new record high of £1.118...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=51785178

    BROOKLYN’S LUXURY MARKET SAW 14 CONTRACTS SIGNED LAST WEEK

    Feb 25, 2019

    There were 14 contracts signed in Brooklyn’s luxury market last week for a total of about $44 million. The properties were split between seven townhouses and seven condominiums, and they went for an average price of roughly $3.1 million, according to the latest report from Stribling & Asso...

    STRIBLING & ASSOCIATES
    READ MORE

    https://RE.report/news-article.aspx?ID=51795179

    FUNDING FOR A STATEWIDE NETWORK OF HOUSING NONPROFITS COULD SOON END

    Feb 25, 2019

    A network of about 90 nonprofits that help homeowners across New York state could run out of funding at the end of March. The $176 billion executive budget from Gov. Andrew Cuomo does not replace a funding stream for the nonprofits from the 2012 National Mortgage Settlement that ends next month, acc...

    NATIONAL MORTGAGE SETTLEMENT
    READ MORE

    https://RE.report/news-article.aspx?ID=51805180

    AUSTIN REAL ESTATE TITAN SET TO TOPPLE COWORKING GIANT WEWORK IN 2019

    Feb 25, 2019

    Austin real estate mogul Nate Paul is taking on the titan of coworking WeWork with the launch of his new coworking venture, NowSpace LLC. Paul’s real estate investment firm, World Class Capital Group LLC, owns 12 properties in Austin totaling 1.2 million square feet that it plans to earmark fo...

    NOWSPACE LLC
    READ MORE

    https://RE.report/news-article.aspx?ID=51815181

    WILL GOOGLE, AMAZON AND FACEBOOK FIX THE AFFORDABLE HOUSING CRISIS?

    Feb 24, 2019

    From atop his gleaming new headquarters, Salesforce CEO Marc Benioff has an inspirational view of mountains, the bay and an endless Pacific Ocean.  But when Benioff looks down, he’s not so happy. Some 60 floors below his Salesforce Tower offices is what he calls “an inequality train...

    SALESFORCE
    READ MORE

    https://RE.report/news-article.aspx?ID=51965196

    NEW TEST SHOWS THAT COUNCILS IN ENGLAND ARE NOT PROVIDING ENOUGH HOMES

    Feb 22, 2019

    A third of councils in England are failing to tackle the housing crisis as they are not delivering the new homes needed and could face sanctions, official figures show. The data from the Ministry of Housing, Communities and Local Government (MHCLG) shows that 108 local authorities failed to meet the...

    MHCLG
    READ MORE

    https://RE.report/news-article.aspx?ID=51625162

    CASH BUYERS PAY LESS ON AVERAGE FOR A HOME IN BRITAIN, STUDY HAS FOUND

    Feb 22, 2019

    People in Britain who buy a home with a mortgage pay on average 9% more than those paying with cash, new research has found. The study from finance specialist One77 Mortgages looked at the average cash and mortgage buyer house prices from the Land Registry and how much higher or lower the average mo...

    ONE77 MORTGAGES
    READ MORE

    https://RE.report/news-article.aspx?ID=51635163

    MAYOR OF LONDON CALLS FOR LEASEHOLD REFORM AT LAUNCH OF NEW GUIDE FOR OWNERS

    Feb 22, 2019

    The Mayor of London has launched a new guide to help leaseholders and called on Ministers to speed up an overhaul of the system of leasehold for home buyers in the capital. An estimated third of London’s homes, and over 90% of new builds are owned on a leasehold basis, with many leaseholders f...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=51645164

    FUTURE BUYERS BORN IN 2019 FACE PAYING OVER £1.2 MILLION FOR THEIR FIRST HOME

    Feb 22, 2019

    People born today are set to have to pay £1.2 million for their first home in the UK at the age of 34, and £4.5 million if they live in London, new research has found. The study from letting and sales agents, Benham and Reeves, looked at historic first time buyer property price data from...

    KENSINGTON
    READ MORE

    https://RE.report/news-article.aspx?ID=51655165

    SALES INCREASED MONTH ON MONTH IN CANADA IN JANUARY BUT ARE BELOW A YEAR AGO

    Feb 22, 2019

    Property sales on a national level increased in Canada in January 2019 month on month but they remained below levels recorded one year ago, the latest index shows. Overall sales increased by 3.6% from December 2018 but are 4% below the same period in 2018 while the national average sales price fell ...

    CANADIAN REAL ESTATE ASSOCIATION
    READ MORE

    https://RE.report/news-article.aspx?ID=51665166

    REAL ESTATE TRANSACTIONS: FLORIDA INVESTOR BUYS UPSCALE SUGAR LAND APARTMENT COMPLEX

    Feb 22, 2019

    Cardone Capital, a real estate investment firm based in Aventura, Fla., has purchased the Stella at Riverstone, a 351-unit apartment complex at 4711 LJ Parkway in Sugar Land. Ryan Epstein and Jennifer Ray of Berkadia represented the seller, Alliance Residential. The property was built in 2018 and ha...

    CARDONE CAPITAL
    READ MORE

    https://RE.report/news-article.aspx?ID=51675167

    FARM REAL ESTATE PRICES HOLDING UP, BUT USDA WORRIED ABOUT A FALL

    Feb 22, 2019

    The U.S. Department of Agriculture is concerned about a potential decline in farmland real estate prices, but has seen no sign of that happening so far, USDA chief economist Robert Johansson said on Thursday. Farmland prices are a key pillar of equity for the U.S. agricultural heartland, which has b...

    REUTERS
    READ MORE

    https://RE.report/news-article.aspx?ID=51685168

    PRINCIPAL REAL ESTATE INVESTORS LAUNCHES EXPANSION OF SE HOUSTON INDUSTRIAL PARK

    Feb 21, 2019

    Principal Real Estate Investors will expand its Bay Area Business Park with a third phase that will add 1.33 million square feet to the southeast Houston industrial submarket, Stream Realty Partners announced. Stream, a real estate development and management company, got approval to expand the park ...

    PRINCIPAL REAL ESTATE INVESTORS
    READ MORE

    https://RE.report/news-article.aspx?ID=51485148

    BROE REAL ESTATE GROUP SELLS FOUR BUILDING CALIFORNIA MEDICAL CAMPUS

    Feb 21, 2019

    Broe Real Estate Group (BREG), a private real estate investment firm headquartered in Denver confirmed the sale of a four-building 287,539 square foot medical office park located at 1620, 1640, 1660 and 1680 East Roseville Parkway (Parkway Corporate Plaza) in Roseville, Calif. The buyer was a joint ...

    BROE REAL ESTATE GROUP
    READ MORE

    https://RE.report/news-article.aspx?ID=51495149

    DALLAS DEVELOPER LANDS IN VENUS WITH NEW RESIDENTIAL PROJECTS

    Feb 21, 2019

    A Dallas development company that's been making big land buys west of Fort Worth is eyeing more projects southwest of Dallas. JMJ Development has purchased multiple tracts of land near U.S. Highway 67 in the town of Venus. The area between Midlothian and Alvarado is seeing more growth because of...

    JMJ DEVELOPMENT
    READ MORE

    https://RE.report/news-article.aspx?ID=51505150

    SALES, OFFERS AND NEW INSTRUCTIONS FALL IN THE UK, SAYS HOUSING MARKET RESEARCH

    Feb 21, 2019

    Property transactions in the UK have fallen by a third in the past three months as Brexit uncertainty weighs on the housing market, according to new research. An analysis of data from thousands of estate agents’ offices found strong indicators of a stalled market across the board with exchange...

    PROPERTYWIRE
    READ MORE

    https://RE.report/news-article.aspx?ID=51515151

    MOST AGENTS PREDICTING RENT RISES AND PRICE FALLS IN BRITAIN IN 2019

    Feb 21, 2019

    Agents are predicting that rents in Britain will rise or remain static in 2019 and prices likely to fall or stagnate with Brexit only having an impact on certain areas, research shows.The survey by Belvoir of its franchisee across the country found that the majority of offices are predicting rental ...

    BELVOIR TUNBRIGE WELLS
    READ MORE

    https://RE.report/news-article.aspx?ID=51525152

    RENTS INCREASED BY 2.6% IN LONDON IN 2018 DUE TO FALLING SUPPLY AND HIGHER DEMAND

    Feb 21, 2019

    There was a significant fall in the supply of new properties listed to rent in London in 2018 with the number of tenants looking for a home reaching its highest ever level, according to an agent report. The quarterly London lettings report from Foxtons shows that supply fell by 13% at a time when mo...

    FOXTONS
    READ MORE

    https://RE.report/news-article.aspx?ID=51535153

    HOMES SELL FASTEST AND WITH THE BIGGEST PREMIUM IN MAY IN THE US

    Feb 21, 2019

    Homes in many parts of the United States sell for a premium of $1,600 and six days faster if they are listed for sale in the first two weeks of May, new research has found. This scenario was found in 19 of the 35 biggest metros in the country, although other features also have an impact, such as loc...

    ZILLOW
    READ MORE

    https://RE.report/news-article.aspx?ID=51545154

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

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

    CATSIMATIDIS LANDS $200M REFI FOR DOWNTOWN BROOKLYN PROJECT

    Jan 11, 2019

    Santander Bank has provided John Catsimatidis’ Red Apple Group with a $200 million refinancing package for its Downtown Brooklyn project the Eagle. The debt for the 32-story project at Fleet Place consolidates and replaces $170 million in financing that Bank of America gave the project in 2015...

    RED APPLE GROUP
    READ MORE

    https://RE.report/news-article.aspx?ID=52725272

    RESIDENTIAL PRICES AND RENTS FORECAST TO FALL IN HONG KONG OVER 2019

    Jan 11, 2019

    Residential property prices and rents continued to fall across Hong Kong in December, with the market recording the reporting the fastest decline in prices since March 2016. Demand remained soft with headline buyer demand reported to have declined for the fifth consecutive month, according to the Ho...

    ROYAL INSTITUTION OF CHARTERED SURVEYORS
    READ MORE

    https://RE.report/news-article.aspx?ID=52735273

    AVERAGE RENTS IN UK UP IN ALL REGIONS IN YEAR TO FEBRUARY 2019

    Jan 11, 2019

    The average rent in the UK’s private rented sector increased by 3.8% in the 12 months to February 2019 to £940, according to the latest lettings index to be published. However, when London is excluded, the average rent increased by slightly less, up 3.2% to £782, while the average ...

    HOMELET
    READ MORE

    https://RE.report/news-article.aspx?ID=52745274

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

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

    HOUSING MARKET SLOWDOWN COULD BE GOOD NEWS FOR HOMEBUYERS

    Jan 08, 2019

    That’s it everyone, home price appreciation has officially slowed its growth for the tenth consecutive month, according to a recent report from Black Knight. At this point, the housing market really shouldn’t be surprised, countless reports point to a market slowdown just over the horizo...

    BLACK KNIGHT
    READ MORE

    https://RE.report/news-article.aspx?ID=52705270

    AMHERST RESIDENTIAL CONTINUES SINGLE-FAMILY RENTAL BUYING SPREE WITH $404 MILLION DEAL

    Jan 08, 2019

    Texas-based Amherst Residential has been betting big on the single-family rental market, scooping up millions of dollars’ worth of properties across the U.S. to build a portfolio of more than 23,000 homes. In 2017, Amherst – one of the country’s largest single-family landlords boug...

    AMHERST RESIDENTIAL
    READ MORE

    https://RE.report/news-article.aspx?ID=52715271

    REDWOOD TRUST COMPLETES ACQUISITION OF REAL ESTATE INVESTMENT LOAN ORIGINATOR 5 ARCHES

    Jan 07, 2019

    Redwood Trust announced this week that it has completed its purchase of 5 Arches, an originator and asset manager of investor-focused loans and the parent company of 5 Arch Funding. The companies initially announced the deal earlier this year. Last year, Redwood Trust, a real estate investment trust...

    REDWOOD TRUST
    READ MORE

    https://RE.report/news-article.aspx?ID=52595259

    RENTS UP YEAR ON YEAR IN PRIME OUTER LONDON PROPERTY MARKET FOR FIRST TIME IN THREE YEARS

    Jan 07, 2019

    Annual rental value growth turned positive in the prime outer London property market for the first time in three years in February, according to the latest analysis report. In the £250 to £500 per week bracket rents increased by 0.2% month on month and 4.2% year on year, the strongest gr...

    KNIGHT FRANK
    READ MORE

    https://RE.report/news-article.aspx?ID=52605260

    RESEARCH CLAIMS FIRST TIME BUYERS PAY MORE UNDER FLAGSHIP HELP TO BUY SCHEMES

    Jan 07, 2019

    The Government’s flagship Help to Buy scheme has become too popular, leading to a danger that developers have inflated prices to such an extent that buyers could find themselves with negative equity in their property, it is claimed. The research from OkayLah says that the average first time bu...

    OKAYLAH
    READ MORE

    https://RE.report/news-article.aspx?ID=52615261

    DIFFERENCE IN PRICE FOR SECOND STEPPERS IN ENGLAND AVERAGES OVER £75,000

    Jan 07, 2019

    Home owners moving from the first step of the housing ladder in England need to find an additional £75,388, on average, new research has found. A study by online estate agents Housesimple using data from the Land Registry analysed the average price of a flat and terraced and semi-detached hous...

    HOUSESIMPLE
    READ MORE

    https://RE.report/news-article.aspx?ID=52625262

    LONG ISLAND MULTIFAMILY COMPLEX TRADES HANDS FOR $150M

    Jan 07, 2019

    Long Island just saw one of priciest sales of a single multifamily property in the last five years. Friedkin Realty Group bought the Allure and Hudson House in Mineola for $150 million from JPMorgan Asset Management, according to JLL, which facilitated the sale and represented the buyer. The deal is...

    JLL
    READ MORE

    https://RE.report/news-article.aspx?ID=52645264

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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.
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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...

    MULTIHOUSING NEWS
    READ MORE

    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...

    MULTIHOUSING NEWS
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    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
    READ MORE

    https://RE.report/news-article.aspx?ID=42094209