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Law.com | March 18, 2020
The COVID-19 pandemic has created a crisis in real estate of unknown dimensions and with few clear answers. Following the many networks of real estate lawyers nationwide, the issues that have surfaced thus far are many. As with other calamities, there is often a cascading series of events and conditions, as with the Chernobyl disaster in 1986, and the “perfect storm” of 1991 that led to the loss of the Andrea Gale. The people least able to pay their rent and their mortgages are likel...
Real Estate Investment
ECI Group | December 16, 2021
ECI Group and K.D. Keller Development have closed on a two-acre site in Tampa's vibrant Channel District in Tampa, FL, with plans to start construction in January 2022 on Parc Madison, a 351-unit, eight-story Class A apartment community with 6,571 square feet of ground floor retail. The project equity was funded through a joint venture of ECI, Tampa-based K.D. Keller Development, and Scottsdale, AZ-based Kandle Investments, with construction financing provided by Wells Fargo Bank, N.A. Const...
NexPoint | May 20, 2022
NexPoint Advisors, L.P., a multibillion-dollar alternative investment platform, announced the formation of a new NexPoint advised real estate investment trust (REIT). NexPoint is partnering with HomeSource Operations, LLC to acquire, build, and operate single-family rental homes in the REIT. The new NexPoint advised REIT will target both existing SFR homes and new construction build-to-rent homes in high-growth markets. In acquiring existing SFR homes, the new NexPoint advised REI...
Real Estate Technology, Real Estate Investment
Chime Technologies | September 29, 2022
Chime Technologies, an award-winning real estate technology innovator, today announced it has acquired Rentancy, a provider of innovative property management software and services. With a shared mission to streamline and automate the time consuming, manual tasks typically associated with the real estate process and an unwavering commitment to innovative technology development, Chime and Rentancy will deliver a more comprehensive platform to address the entire real estate process from end to end....
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