PGIM Reaches $1bn in UCITS Assets Under Management With 10 Funds Launched

PGIM Real Estate | April 28, 2016

LONDON--(BUSINESS WIRE)--PGIM’s UCITS platform has surpassed US$1 billion in assets, as of March 31, 2016, through its first 10 funds with more funds to be launched in the coming year, according to PGIM, the global investment management businesses of US-headquartered Prudential Financial, Inc. (NYSE: PRU).

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Here's a look at the first three phases of the on-campus revitalization that EdR is implementing at the University of Kentucky. We're proud of our partnership with UK and honored to provide their students with the best in collegiate housing.


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REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT

Landa Launches Financially Inclusive Real Estate Investing Platform with $33M in Venture Funding

Landa | September 05, 2022

Landa, a real estate investing company, today announced a $25 million Series A funding round, bringing their total equity raised to $33 million with the inclusion of a previously raised $8 million seed round. The company has also raised $62 million in debt financing. Through a fractional ownership model, Landa enables individuals to access the real estate market for as little as $5. The funding was led by investors including NFX, 83North, and Viola Ventures. Real estate is one of the most lucrative investments someone can make, but traditional home ownership is increasingly unattainable. Driven by the belief that regardless of age, income, or background, everyone should have the opportunity to invest in property, Landa breaks down the traditional barriers to entry and empowers individuals to build wealth in real estate. With 22,000 investors using the app and managing over 400 units to choose from across seven markets, Landa empowers individuals to benefit from a long-term investment while also enjoying a dividend income from their properties. “There is a huge appetite to access this market among the many people who can’t participate in traditional real estate investing, Landa makes it easy to invest in individual properties and fully manage your portfolio from a smartphone.” -Landa cofounder and CEO Yishai Cohen The easy-to-use and highly secure interface allows investors to browse properties, purchase shares, and have a simple overview of their portfolios. Landa also provides free educational tools to help individuals learn the ropes of real estate and create a smart portfolio. Investing in real estate has consistently proven to be one of the most reliable ways to build wealth, yet it’s becoming increasingly out of reach for the vast majority of people due to rising prices and interest rates, By empowering anybody to invest in income-generating properties for as little as $5, Landa is opening access for hundreds of millions of people,explained Gigi Levy-Weiss, General Partner at NFX. Through a responsible property management structure, Landa makes sure that every home offered is safe and well maintained for tenants. From screening and acquiring properties, to addressing maintenance requests and collecting rent, all management logistics are handled by the Landa team. This provides a quality and easy experience for all stakeholders involved. Landa currently has properties in Atlanta and New York City and will soon be launching in Charlotte, Birmingham, Tampa, Orlando, and Jacksonville. About Landa Landa was founded in New York City by Yishai Cohen and Amit Assaraf to enable everyone to access and benefit from investing in real estate, regardless of income. Landa purchases properties, divides them into shares for investors, and rents them out. Investors have the potential to net a long-term investment while also enjoying a dividend income from their properties.

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REAL ESTATE TECHNOLOGY

Curbio Expands into the Jersey Shore with Fix Now, Pay Later Home Improvement Solution

Curbio | July 07, 2022

Curbio, Inc., the leading fix now, pay-at-closing home improvement solution for real estate agents and their clients, today announced that it has expanded its services into the Jersey Shore area of New Jersey. This expansion includes Tom's River, Atlantic City, Cape May, and the surrounding areas. Curbio is a groundbreaking PropTech solution that has set out to transform the way that real estate agents, brokerages, and their clients get listings ready for market. Curbio's expertise in pre-listing home improvements, combined with its proprietary technology, enable the company to complete pre-listing updates of any size efficiently and reliably, so that realtors and their clients can sell their home for more without the hassle of traditional home improvement. Curbio takes care of all sourcing, project management and communication, and acts as the licensed, insured general contractor on all projects. The company does not have any project minimums or maximums, making their pay-at-closing solution ideal for listings of any size. From basic listing preparations to whole home makeovers, Curbio helps any listing become market-ready quickly and reliably. "We couldn't be more excited to be bringing Curbio to the Jersey Shore. Buyers in the Jersey Shore want move-in-ready homes, and Curbio is here to help with that. We are the only completely turnkey pre-listing home improvement solution that allows real estate agents and their clients to update their listings and sell for more, without taking on the stress of traditional home improvement. Plus, homeowners don't pay any cash until the home sells, with zero interest, fees, or premiums," said Olivia Mariani, VP of Marketing at Curbio. This is the seventh new-market expansion for Curbio this year, following their launches in Nashville, Tenn., Richmond, Va., Wilmington, Del., Charlotte, N.C., Virginia Beach, Va., and Raleigh, N.C. The company now serves 31 markets across the United States. About Curbio Curbio was founded in 2017 to transform the multi-billion-dollar home improvement industry and has quickly become the nation's leading pay-at-closing home improvement solution. The company partners exclusively with real estate agents and their clients to get any home ready for the market, allowing it to sell faster and for top dollar. Using technology to power their service, Curbio completes pre-listing home improvement projects of any size quickly and without hassle, from start to finish, with zero payment due until the home sells. Curbio is trusted by thousands of realtors and brokerages nationwide, and has been continuously recognized for its exemplary solution, receiving nods in HousingWire, Qualified Remodeler and Comparably, to name a few.

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REAL ESTATE INVESTMENT

MYSA Estate Property Management Selects Yardi Cloud Platform

MYSA and Yardi | August 16, 2022

MYSA, a subsidiary of Pearl Investment LLC, has chosen the Yardi® platform to enhance its end-to-end real estate operations from prospect nurturing to financial management. The company will utilise solutions from Yardi's Residential Suite; including Voyager for property management and accounting and RentCafe CRM which will digitise their entire leasing journey from lead to lease. Tenant services will be enhanced via a resident self-serve portal for payments and maintenance requests and a landlord dashboard will provide instant insight in relation to the business's most important KPI's. "Yardi's all-in-one solution will enable us to oversee the management of our portfolio through a single platform, By implementing the cloud-based technology, we will be able to streamline the end-to-end process, access better insights and provide an enhanced service to our tenants." -Sajjad Kalam, managing director for MYSA Estate Property Management Yardi technology will help digitise operations, simplify processes, automate complexities and help future growth, We're excited to work with MYSA and are delighted that Yardi continues to further help companies with their real estate digitisation strategies across the Middle East,said Neal Gemassmer, vice president of international for Yardi. About MYSA Estate Property Management LLC MYSA, a subsidiary of Pearl Investment LLC, develops property management solutions for residential, commercial, hospitality and mall management. The company is passionate about creating the right space for its clients, building bespoke worlds. MYSA is the property management division of Flora Hospitality. For more information, please visit mysaestate.com. About Yardi Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. With 8,000 employees, Yardi is working with clients globally to drive significant innovation in the real estate industry.

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AGENT,REAL ESTATE ADVICE

RESAAS Wins PropTech Breakthrough Award for Second Year Running

RESAAS Services Inc. | September 09, 2022

RESAAS Services Inc., a technology platform for the real estate industry, today announced the Company has won the PropTech Breakthrough Award: Agent Match Solution of the Year for the second consecutive year. "RESAAS is proud to be recognized by this prestigious global award for a second consecutive year, showcasing the pedigree of our enterprise-grade technology platform, RESAAS continues to cement its position as the real estate industry's leading solution for Agents and Brokers to secure new business. By focusing on unique real estate data, RESAAS solutions provide unrivalled business value to the global real estate industry." -RESAAS CEO, Tom Rossiter The 2022 PropTech Breakthrough Awards received over 1,500 nominations globally. Winners alongside RESAAS include Rocket Mortgage, OpenDoor, Appfolio, and TenantBase. Submissions were judged on several critical characteristics including innovation, functionality, performance, ease of integration and ease of use. About RESAAS Services Inc. RESAAS is an award-winning global technology platform for the real estate industry. With over 500,000 real estate agents utilizing RESAAS in 160 countries, RESAAS enables real-time industry communication, delivers new business opportunities and captures unique real estate data. Some of real estate's biggest brands leverage RESAAS to provide business intelligence to real estate brokerages, franchises and associations.

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Spotlight

Here's a look at the first three phases of the on-campus revitalization that EdR is implementing at the University of Kentucky. We're proud of our partnership with UK and honored to provide their students with the best in collegiate housing.

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