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Real Estate Investment

RealPage | October 03, 2022

RealPage, a leading global provider of software and data analytics to the real estate industry, announced today that it has entered into a definitive agreement to acquire Knock® CRM (Knock), a provider of leading customer relationship management (CRM) and front office technology in the multifamily industry. This strategic acquisition combines Knock’s suite of products with RealPage’s deep expertise in AI, yield management and smart property management solutions. To...

Real Estate Technology

MIAX | September 16, 2021

MIAX, creator and operator of high-performance securities exchanges, products and services, will launch cash-settled futures contracts on BRIXX™ Commercial Real Estate (CRE) Indexes developed by Advanced Fundamentals. The first contract to be listed will be the BRIXX Retail Index futures contract which is expected to begin trading on October 4, 2021. Three additional BRIXX CRE Index futures are expected to be listed in the fourth quarter of 2021. Cash-settled options on t...

Real Estate Investment

Orion Real Estate | December 30, 2021

Los Angeles-based Orion Real Estate Partners ("Orion") announced today that it has acquired The Timbers, a garden-style apartment community in San Marcos, Texas. Orion purchased the 155-unit apartment community from The Jacobson Company who owned it since 2016 and plans to invest approximately $1.7mm in interior and exterior improvements. The Property sits on a nine-acre, irreplaceable hilltop site overlooking downtown San Marcos and Texas State University (TXST), home to 38,000 studen...

Bisnow Media | February 17, 2020

Despite a temporary reprieve on a major change to how rental commissions are collected in the city, a chaotic two weeks has forced real estate brokers to consider how their businesses will be run in the future. Earlier this month, state regulators caught the city by surprise, saying renters could no longer be charged a broker fee, unless they specifically hired a broker themselves. It is common practice in New York City for tenants to pay as much as 15% of the annual rent to a broker, even if th...