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Category: Wire Real Estate

PRINCIPAL REAL ESTATE INCOME FUND CONTINUES SHARE REPURCHASE PROGRAM

Press Release

 The Board of Trustees (the “Board”) of Principal Real Estate Income Fund (the “Fund”), announced today that it has approved a renewal of the Fund’s share repurchase program. Under the share repurchase program, the Fund may purchase up to approximately […]

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Hard Rock® Completes Acquisition of The Mirage Hotel & Casino®

Press Release

 Hard Rock International (HRI) on Friday received regulatory approval from the Nevada Gaming Commission for its acquisition of The Mirage Hotel & Casino from MGM Resorts International.  HRI assumed operations control of the property as of 6 a.m. Monday, December 19. […]

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F.N.B. Corporation Recognized Nationally for Workplace Diversity

Press Release

F.N.B. Corporation (NYSE: FNB) announced that it was recognized as one of America’s Greatest Workplaces for Diversity by Newsweek and Plant-A Insights Group. The inaugural list highlights the top 1,000 companies throughout the U.S. that respect and value different kinds of people. “FNB’s […]

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Landmark Properties Expands Portfolio into Connecticut with Manulife Investment Management Partnership to Develop Residential Apartments

Press Release

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has formed a new build-to-core joint venture with Manulife Investment Management. The partnership will focus on developing and operating residential properties […]

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Ernst Fee Service from Black Knight Supports New, Hyperlocal Requirements Amid Rapid Shift to More Frequent and Complex Real Estate Transaction and Fee Changes

Press Release

 Black Knight, Inc. a leading provider of integrated software, data and analytics solutions, reports that its Ernst Fee Service solution has been enhanced to help clients address the challenges that are resulting from a growing number of municipalities requiring additional and more complex […]

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MG Properties Acquires $184.6M Multifamily Deal in San Diego’s Kearny Mesa

Press Release

MG Properties, a private San Diego-based real estate investor, owner, and operator purchased the multifamily community Domain San Diego in a joint venture with Rockwood Capital.   MG Properties Acquires $184.6M Multifamily Deal in San Diego’s Kearny Mesa   Domain San Diego is […]

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Pennsylvania Home Prices Continue to Inch Upward

Press Release

The median home sales price in Pennsylvania rose again in November, according to a report prepared for the Pennsylvania Association of Realtors®. The median existing home sales price last month was $216,386, up nearly 14% year over year and up about 3% from October’s […]

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TECOM Group breaks ground on specialised tech offices at Dubai Internet City amid high demand for commercial real estate in Dubai

Press Release

TECOM Group PJSC has broken ground on the Innovation Hub Phase 2 in Dubai Internet City, as Dubai’s legislative framework and ease of doing business attract a high volume of international companies and investors. The Group is expanding its leasing portfolio to […]

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Shorenstein Properties Announces Sale of Campus in Charlotte’s University Research Park

Press Release

 Shorenstein Properties LLC (“Shorenstein”), an owner and operator of high-quality office, residential and mixed-use properties across the U.S., today announced the sale of the Commons at the Park, at 6800 Solectron Drive. Terms of the transaction were not disclosed. Located […]

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MCNAIR GROUP, A PREMIER REAL ESTATE TEAM IN NORTHERN CALIFORNIA, AFFILIATES WITH COLDWELL BANKER REALTY

Press Release

Coldwell Banker Realty in Northern California is pleased to announce that one of the region’s leading real estate teams, McNair Group, led by real estate powerhouse Billy McNair, has affiliated with the company’s Menlo Park office. The team was formerly affiliated with Compass.   Billy […]

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Capital Square Acquires Headquarters of National Football League’s Las Vegas Raiders for DST Offering

Press Release

 Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and a developer of mixed-use multifamily communities, today announced the acquisition of Zero Coupon LV Training Facility, the Las Vegas Raiders’ training facility and corporate headquarters in Henderson, […]

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JBM® Brokers Sale of Versol Apartments in Bonita Springs

Press Release

JBM® Institutional Multifamily Advisors continues to close deals in Southwest Florida. This time, they brokered the sale of Versol – a 2020-built, Class A+, 240-unit luxury multifamily community in Bonita Springs, Florida. The Property sold for $87,250,000 or $363,542 per unit. The seller was TerraCap Management, a […]

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NexPoint Real Estate Finance, Inc. Announces Preferred Stock Dividend . .

Press Release

NexPoint Real Estate Finance, Inc. announced a dividend for its 8.50% Series A Cumulative Redeemable Preferred Stock of $0.53125 per share. The dividend will be payable on January 25, 2023, to stockholders of record at the close of business on January 13, 2023.  About NexPoint Real […]

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U.S. Army Veteran and Family Received Keys to New Mortgage-Free Lennar Home in Inman, South Carolina

Press Release

Operation Finally Home and Lennar, one of the nation’s leading homebuilders, today announced that U.S. Army Staff Sergeant Brian Cassidy and his family received the keys to a new Lennar home at Newcut Meadows in Inman, South Carolina on Thursday, December 8, during a dedication […]

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Home buyers see first signs of affordability relief in months

Press Release

After months of watching the cost of a new mortgage rise higher and higher, home buyers finally saw some relief in November. A combination of declining home values and lower mortgage rates brought the monthly mortgage payment on a typical […]

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MapRight introduces Discover Plan for land owners, land buyers, and land curious

Press Release

MapRight Inc. presents the Discover plan, a new subscription package designed specifically for land owners and potential land buyers. MapRight Discover provides easy access to land identity and property ownership details on over 150 million private and public parcels across […]

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Quarterra, QuadReal Start Construction on The Piper Apartments .

Press Release

 Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and asset manager, today announced the completion of subsurface work and start of vertical construction of The Piper, a luxury community directly fronting renowned Marymoor Park […]

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Oxford Economics: Prologis Properties Facilitate Goods Equal to Nearly 3% of the World’s GDP and House 1.1 Million Jobs

Press Release

Prologis, Inc., the global leader in logistics real estate, in partnership with independent advisory firm Oxford Economics, today released a new study on the economic impact of its global operations encompassing approximately 1.2 billion square feet1. According to the “The Future […]

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Broe Real Estate Group Completes Land Acquisition for New River Ridge Commerce Center Project

Press Release

Broe Real Estate Group (BREG), the multi-billion-dollar, Colorado based developer, has begun its first industrial development project within Southern Indiana’s world-class industrial park, the River Ridge Commerce Center. BREG’s 19.5-acre site will be anchored by a 300,000 square foot Class A industrial facility within the […]

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2023 Global Public Real Estate Outlook Report: REITs positioned to perform well despite forecasted recession

Press Release

According to Hazelview Investments’ 2023 Global Public Real Estate Outlook Report (the “Report“), after an exceptionally harsh year, global real estate investment trusts (“REITs“) are currently trading at significant discounts, with tailwinds that could materialize in 2023 to offer significant positive mean […]

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Pacaso Reveals Top Ten US Luxury Second Home Markets of 2022

Press Release

Pacaso, the leading real estate platform that helps people buy and co-own a luxury second home, today released a report identifying the top ten luxury second home markets across the U.S. in 2022. To determine the top U.S. markets, Pacaso […]

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Hilb Group Builds on Commercial Property and Casualty Presence in Tri-State Region

Press Release

The Hilb Group announced today that it has acquired a book of commercial property and casualty (P&C) business in its Tri-State region of operations. The new commercial lines business will be serviced through New York-based Hiram Cohen & Son. The transaction became effective December […]

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Oxford Economics: Prologis Properties Facilitate Goods Equal to Nearly 3% of the World’s GDP and House 1.1 Million Jobs

Press Release

Prologis, Inc. the global leader in logistics real estate, in partnership with independent advisory firm Oxford Economics, today released a new study on the economic impact of its global operations encompassing approximately 1.2 billion square feet1. According to the “The Future Flow […]

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Quarterra, QuadReal Start Construction on The Piper Apartments

Press Release

Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and asset manager, today announced the completion of subsurface work and start of vertical construction of The Piper, a luxury community directly fronting renowned Marymoor Park […]

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CIT Provides $27.8 Million for Acquisition of Medical Office Buildings in Wichita, Kansas

Press Release

CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business provided $27.8 million to a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties for the acquisition of a surgical hospital and medical office building portfolio located in Wichita, […]

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Curbio Announces Expansion into Cincinnati, Providing Home Sellers with the Ultimate Fix-Now Pay-Later Home Improvement Solution

Press Release

 Curbio, Inc., the leading pay-at-closing home improvement solution for the real estate industry, today announces its expansion into the Cincinnati market. Curbio focuses on improvements that generate the highest ROI for home sellers and completes projects 50% faster than the average general contractor, […]

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Pathway Homes Partners with Credit Saint to Help Customers Optimize Credit Health

Press Release

 Pathway Homes (“Pathway”), a real estate platform with a mission to create more homeowners, announced today its partnership with Credit Saint, a leading credit restoration company. As part of this partnership, Pathway will be providing its customers with a waived first work […]

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Frontline Power Solutions, a Subsidiary of SinglePoint, Inc., Closes on a 4.5 Million kWh Energy Services Contract with a Leading National Commercial Real Estate Company

Press Release

 SinglePoint, Inc. announced that its subsidiary, Frontline Power Solutions (“the Company”), closed on a 4.5 million kWh Energy Services Contract representing its largest contract to date since being acquired by SinglePoint. The Company is a licensed energy services company, “ESCO,” operating in 15 states […]

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James Ahern of Laidlaw Venture Partners Joins with Naples Redevelopment Group on New Real Estate Project

Press Release

Laidlaw Venture Partners, a private equity financing and accelerating arm of Laidlaw & Company (UK) Ltd., is pleased to announce their participation in a new real estate project in Naples, Florida, “The Mark on 8th.” Acting as a financial partner, Laidlaw contributed 11.6 million dollars in […]

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Proptech Leaders Kastle and Alarm.com Partner to Bring Property-Wide Smart Operations to Multifamily Owners and Operators

Press Release

Kastle Systems, a leader in property technology and managed security, and PointCentral, a subsidiary of Alarm.com, the leading platform for the intelligently connected property, are combining decades of expertise to provide comprehensive security and smart space solutions that meet the […]

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