Roughly one-quarter of B2B payments within the real estate industry are handled by cash or check, a larger percentage than any other industry. According to the study “The State of Real-Time Payments” published by PYMNTS Intelligence, nearly 21% of all B2B real estate...
The government of Finland is mulling the possibility of prohibiting banning Russian citizens from buying property in the country. The Moscow Times, an independent Russian news source, reported a decision on this ban could come as early as this spring. The new policy...
Nearly 490,000 residential properties are forecast to trade hands via Canadian MLS Systems in 2024, according to a new forecast from the Canadian Real Estate Association (CREA). This would represent a 10.4% increase from 2023. CREA is predicting the bigger sales gains...
Lion Real Estate Group, an investment firm focused on multifamily properties in the Sun Belt states, has acquired District 2308, a Class B 240-unit multifamily property located in Arlington, Texas. The financial terms of the acquisition were not disclosed. The company...
The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired a 204-bed student housing community next to the University of Texas at Austin. The property, called Texan 26, is a 204 bed, 53-unit community that was built in 2014. The...
Atlanta-headquartered Angel Oak Capital Advisors LLC has named Namit Sinha as chief investment officer (CIO), effective on March 31. Sinha has served as CIO of the firm’s private strategies division since February 2020. He joined Angel Oak in 2018 as head of mortgage...
