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Toronto-Based REIT Acquires Manufactured Housing Communities in Indiana and Ohio
“We expect these acquisitions to be highly desirable homeownership options that will also add value for unitholders,” said President and CEO Kurt Keeney. Continue Reading Toronto-Based REIT Acquires Manufactured Housing Communities in Indiana and Ohio
Toronto-Based REIT Acquires Manufactured Housing Communities in Indiana and Ohio
“We expect these acquisitions to be highly desirable homeownership options that will also add value for unitholders,” said President and CEO Kurt Keeney. Continue Reading Toronto-Based REIT Acquires Manufactured Housing Communities in Indiana and Ohio
14-Unit California Property Listed at $12 Million Can Be Purchased with Bitcoin or USDC
The overlap between real estate and cryptocurrency continues with the seller of a 14-unit multifamily property in California’s Manhattan Beach accepting payment in either Bitcoin or USDC. The crypto transaction will be facilitated by Guaranty Escrow. Buyers can fund...
California Home Sales Up, Reversing 3-Month Slump
California recorded 264,260 single-family home sales in June, up 4% from the 254,190 homes sold in May and down 0.3% from the 264,960 homes sold one year earlier. According to the California Association of Realtors, June's upswing reversed three consecutive months of...
Mortgage Rates on the Rise Again
Mortgage rates were up for the second consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.75% as of July 17, up from last week when it averaged 6.72%. A year ago at this...
NEWS & CURRENT EVENTS
Chinese Buyers Top Global Web Searches for South Florida Real Estate
Colombia, the long-time leader for global web searches, ranked second at 9.1%. Continue Reading Chinese Buyers Top Global Web Searches for South Florida Real Estate
Case-Shiller: Home Price Acceleration is Slowing
New York City again reported the highest annual gain among the 20 cities with an 8% increase in March. Continue Reading Case-Shiller: Home Price Acceleration is Slowing
Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination
“That is what we hear about all the time,” Reynolds said. Continue Reading Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination
Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Construction is expected to start in the third quarter of this year, with the first phase anticipated to be completed in 2027. Continue Reading Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
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A Phil Hall Op-Ed: A Couple of Obnoxious Real Estate Agents on Social Media
Atrocious hate speech messaging from two real estate agents is in the spotlight. Continue Reading A Phil Hall Op-Ed: A Couple of Obnoxious Real Estate Agents on Social Media
Sidekick in New Partnership with New York’s OneKey MLS
Sidekick’s integrated datasets and AI-powered workflow tools will be made available to the more than 45,000 OneKey MLS realtors. Continue Reading Sidekick in New Partnership with New York’s OneKey MLS
Dominic Iannitti, Founder and Chief Executive at DocMagic, Has Died
Pat Theodora, DocMagic’s chief financial officer, will assume Iannitti’s leadership role. Continue Reading Dominic Iannitti, Founder and Chief Executive at DocMagic, Has Died
Dwight Capital Launches C-PACE Lending Platform
To lead the new endeavor, the company hired Lisa Nordel as managing director and head of C-PACE. Continue Reading Dwight Capital Launches C-PACE Lending Platform
California and Utah Wildfires Result in Neighborhood Evacuations
No injuries were reported in either states’ fires. Continue Reading California and Utah Wildfires Result in Neighborhood Evacuations
Alabama Home Sales Up for Fifth Straight Month
Last month recorded 16,549 active listings, up by 4.9% from the previous month and 43% above the June 2023 level. Continue Reading Alabama Home Sales Up for Fifth Straight Month
Investment Firm Stonepeak Acquires New Zealand Retirement Village Operator
Stonepeak, a New York City-based alternative investment firm specializing in infrastructure and real assets, is acquiring Arvida Group Limited, one of New Zealand’s largest retirement and aged care providers, in an all-cash transaction valued at approximately $1.25...
Icon Parking, NYC’s Largest Parking Company, is Acquired
Icon Parking is the largest minority-owned parking management, operating and mobility services provider in New York City metro area. Continue Reading Icon Parking, NYC’s Largest Parking Company, is Acquired
13th Century English Abbey Listed at $4.5 Million
Burnham Abbey was founded in 1266 by Richard, Earl of Cornwall, the brother of King Henry III. Continue Reading 13th Century English Abbey Listed at $4.5 Million
Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
For the real estate industry, Biden’s exit leaves unanswered questions on whether Harris would continue Biden’s proposals. Continue Reading Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
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