Foxtons

Foxtons | July 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 main reasons is a long-term decline in property sales although the also face competition from more cost-effective online businesses. Even larger estate agents are not immune, according to the report f...

Bisnow LLC | January 16, 2020

Invesco Real Estate recently acquired Bravern Office Commons, which is fully leased to Microsoft, for $585M. The complex includes 305K SF of retail occupied by Jimmy Choo, Louis Vuitton and others, and a seven-level subterranean parking garage with 3,134 stalls. Two residential towers include 455 units. NKF’s co-Head of U.S. Capital Markets Kevin Shannon, Vice Chairman Nick Kucha, Senior Managing Director Michael Moll, Executive Managing Directors Ken White, Rob Hannan and Tim O’Keef...

Business Wire | January 15, 2020

MRI Software, a global leader in real estate software solutions, announces that funds managed by Harvest Partners, LP, a leading private equity firm, are making a substantial strategic investment in the company. Harvest Partners joins existing investors TA Associates and GI Partners as institutional shareholders in MRI. At the same time, TA Associates is also making a significant new investment in the business. These investments will enable MRI to bolster innovation across its end-to-end offerin...

WORLD PROPERTY JOURNAL | January 14, 2020

Based on the Mortgage Bankers Association's 2020 Commercial Real Estate Finance Outlook Survey, following what is expected to be a record year of lending in 2019, commercial and multifamily mortgage originators anticipate 2020 to be another strong year. Nearly two-thirds of the top commercial/multifamily firms (64 percent) polled expect originations to increase in 2020, with one-in-six (16 percent) expecting an overall increase of 5 percent or more across the entire market. When forecasting ...