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Freddie Mac Multifamily Names Four Vice Presidents
May 21, 2019 8:16 AM ET

Freddie Mac Multifamily Names Four Vice Presidents

iCrowdNewswire - May 21, 2019 - MCLEAN, Va., -- Freddie Mac (OTCQB: FMCC) Multifamily today announced that it has named four vice presidents. Geri Borger Urgo is now vice president, production & sales, overseeing the Southeast and Northeast regions. Michael Case is now vice president, multifamily capital markets, overseeing all multifamily loan pricing functions. Catherine Evans is now vice president, Small Balance Loan (SBL) underwriting, overseeing the SBL underwriting team. Amanda Nunnink is now vice president, Multifamily investor. [more...]

Zephyr Real Estate-Marin Awards 2019 First Quarter Top Producers
May 21, 2019 8:15 AM ET

Zephyr Real Estate-Marin Awards 2019 First Quarter Top Producers

iCrowdNewswire - May 21, 2019 - SAN FRANCISCO, -- Zephyr Real Estate-Marin Regional Office has just announced the top producers for the first quarter of 2019. Once again, Chris DeNike holds the top position for Highest Sales Volume (Individual). In addition, Chris came in with the Largest Sale Representing Sellers as well as the Highest Number of Transactions. He is a consistent top producer, and as a long-time Marin County resident, has an excellent wealth of knowledge about. [more...]

John Sweet Resigns as Chairman of Wheeler Real Estate Investment Trust, Inc.
May 21, 2019 8:14 AM ET

John Sweet Resigns as Chairman of Wheeler Real Estate Investment Trust, Inc.

iCrowdNewswire - May 21, 2019 - VIRGINIA BEACH, Va., -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers, announced today that effective immediately, John Sweet has decided to resign as Chairman of the Wheeler Board to pursue other endeavors. Mr. Sweet has served on the Wheeler Board of Directors since 2016. Commenting. [more...]

Redefy Holdings, Inc. Completes Share Exchange Transaction and Becomes Publicly Traded Entity
May 21, 2019 8:12 AM ET

Redefy Holdings, Inc. Completes Share Exchange Transaction and Becomes Publicly Traded Entity

iCrowdNewswire - May 21, 2019 - - Public Company to be Named Redefy Corporation -- Maxim Group, LLC Retained to Provide Financial Advisory and Investment Banking Services -- Intends to File to Become a Reporting Company and Apply for NASDAQ Listing - DENVER, -- Redefy, a technology and data-enabled company that is disrupting the way people buy and sell real estate, today announced that the company has completed its share exchange transaction with Mister Goody, Inc.,. [more...]

Eastern Union, a Commercial Real Estate Leader, Marks Eighteen-Year Anniversary. Commercial Mortgage Brokerage Ranks Among America
May 21, 2019 8:11 AM ET

Eastern Union, a Commercial Real Estate Leader, Marks Eighteen-Year Anniversary. Commercial Mortgage Brokerage Ranks Among America’s Top Five in Transaction Volume

iCrowdNewswire - May 21, 2019 - NEW YORK, -- Eastern Union, one of the country's leading commercial mortgage brokerage firms, marked its eighteenth anniversary on May 17 standing among the top five in the industry nationwide in terms of the number of transactions closed in 2018. The value of the firm's deals totaled $12 billion over the past three years.    Ira Zlotowitz, founder and president of Eastern Union   "Eastern Union reaches its eighteen-year milestone as one of America's most. [more...]

eXp Realty Welcomes Top Real Estate Agents and Teams. Industry Leaders and Award Winners Attracted to Cloud-Based Brokerage
May 21, 2019 8:07 AM ET

eXp Realty Welcomes Top Real Estate Agents and Teams. Industry Leaders and Award Winners Attracted to Cloud-Based Brokerage

iCrowdNewswire - May 21, 2019 - BELLINGHAM, Wash., -- eXp Realty, The Real Estate Cloud Brokerage™ and a subsidiary of eXp World Holdings, Inc. (NASDAQ: EXPI), today announced some of the new agents and teams who recently joined the brokerage. Avery Carl and The Short Term Shop, Tennessee and Florida Ms. Carl has been in real estate since February 2017 and earned the Greater Nashville Association of RealtorsⓇ Rookie of the Year Award in 2018. The team works exclusively with. [more...]

Redfin: Vacant Homes Fetch Less Money and Take Longer to Sell
May 21, 2019 7:49 AM ET

Redfin: Vacant Homes Fetch Less Money and Take Longer to Sell

iCrowdNewswire - May 21, 2019 - SEATTLE, -- (NASDAQ: RDFN) — Nationwide, vacant homes sell for $11,306 less and spend six more days on the market than comparable occupied homes, according to an analysis from Redfin (www.redfin.com), the technology-powered real estate brokerage. The analysis looked at homes that were listed and sold in 2018, comparing the sale prices and time spent on the market for home listings that were marked 'vacant' at the time they were sold with those that were. [more...]

Starboard Commercial Real Estate Secures New Location for Arthur Murray. Dance Studio in Monterey CA Dance Studio Franchise Continues Expansion in Northern California
May 21, 2019 7:48 AM ET

Starboard Commercial Real Estate Secures New Location for Arthur Murray. Dance Studio in Monterey CA Dance Studio Franchise Continues Expansion in Northern California

iCrowdNewswire - May 21, 2019 - SAN FRANCISCO, -- Starboard Commercial Real Estate, privately owned and locally-based San Francisco commercial real estate firm, is proud to announce the leasing of 600 E. Franklin Street in Monterey California to Arthur Murray Dance Studios.  Since 1925, Arthur Murray Dance Studios has been known for unparalleled dance instruction,  teaching classes all over the globe. Today, the global brand has over 260 dance studios across 21 countries.  Arthur Murray Dance Studio continues to expand and after an arduous. [more...]

Home Diversification - Newly Established Industry Set to Transform Residential Home Finance and Homeownership. Fintech Product Provider to Help Homeowners Diversify Their Largest Asset (Home), Reduce Foreclosures and Reduce Lender Credit Risk up to 70%
May 21, 2019 7:47 AM ET

Home Diversification – Newly Established Industry Set to Transform Residential Home Finance and Homeownership. Fintech Product Provider to Help Homeowners Diversify Their Largest Asset (Home), Reduce Foreclosures and Reduce Lender Credit Risk up to 70%

iCrowdNewswire - May 21, 2019 - MANCHESTER, N.H., -- Home Diversification Corp., a startup Fintech financial product provider, today announced that it will begin selling its signature solution for the newly established Home Diversification Industry (HD) in the 3rd-quarter of this year. Their product – Home Diversification Agreement – set to disrupt the $30-trillion U.S. residential real estate market, will be made available to industry partners and the general public at that time.     Helping homeowner reduce their risk. [more...]

Simon Announces Appointment of SVP of Corporate Investments
May 21, 2019 7:45 AM ET

Simon Announces Appointment of SVP of Corporate Investments

iCrowdNewswire - May 21, 2019 - INDIANAPOLIS, -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations today announced the appointment of Eli Simon as Senior Vice President of Corporate Investments. In this role, Eli will be responsible for implementing the company's ongoing investment strategy, including a focus on new business sourcing, strategic corporate investments, and the execution of real estate transactions. "Eli brings a wealth of investment experience and business acumen that will help elevate. [more...]

Homes for Heroes Foundation Supports Homeless Veterans with $50,000 Donation. $10,000 given to five non-profit organizations on the front lines in their local communities
May 21, 2019 7:38 AM ET

Homes for Heroes Foundation Supports Homeless Veterans with $50,000 Donation. $10,000 given to five non-profit organizations on the front lines in their local communities

iCrowdNewswire - May 21, 2019 - MINNEAPOLIS, -- In honor of Military Appreciation Month, the Homes for Heroes Foundation is gifting a total of $50,000 to five non-profit organizations around the country that support homeless veterans by finding them emergency, temporary and permanent affordable housing. Each $10,000 donation will help serve those who have bravely served our country. "This donation furthers the mission of the Homes for Heroes Foundation: supporting heroes facing a housing crisis or in need of urgent financial assistance,". [more...]

Leading Edge Real Estate Brand Puts Agents & Clients First in Eastern Massachusetts. New brand reflects core values of hi-tech, hi-touch in tagline - "Out Front. And Always Behind You."
May 21, 2019 7:29 AM ET

Leading Edge Real Estate Brand Puts Agents & Clients First in Eastern Massachusetts. New brand reflects core values of hi-tech, hi-touch in tagline – “Out Front. And Always Behind You.”

iCrowdNewswire - May 21, 2019 - WINCHESTER, Mass., -- Leading Edge Real Estate, with more than 160 agents and nine locations throughout the Greater Boston area, reveals a new brand reflecting the 18-year-old firm's single most important mission, to put "you" -Leading Edge Agents & Clients - first.  Integrity, professionalism, superiorly trained Agents, cutting-edge technology and collaborative leadership are all hallmarks and core values of the Leading Edge mission, or in the words of the new tag line, "Out front. And Always. [more...]

Federal Housing Commissioner Speaks to Realtors®, Outlines Department
May 21, 2019 7:27 AM ET

Federal Housing Commissioner Speaks to Realtors®, Outlines Department’s Housing Priorities. Brian Montgomery touches on condominium rule, efforts to address affordable housing shortages

iCrowdNewswire - May 21, 2019 - WASHINGTON,-- Representatives from the National Association of Realtors® traveled to the Department of Housing and Urban Development last week to hear from administration officials regarding a host of regulatory issues impacting the housing industry. HUD Acting Deputy Secretary and Federal Housing Commissioner Brian Montgomery addressed the group as 11,000 NAR members were in the nation's capital for the 2019 Realtors® Legislative Meetings & Trade Expo. NAR's 2019 Vice President of Advocacy Tracy Kasper. [more...]

Hunt Sells $80 Million Rental Apartment Property in Sarasota, FL
May 21, 2019 7:25 AM ET

Hunt Sells $80 Million Rental Apartment Property in Sarasota, FL

iCrowdNewswire - May 21, 2019 - EL PASO, Texas, -- Hunt Companies, Inc. (Hunt) along with its co-developer, Carter USA, has sold a luxury residential development in Sarasota, Florida.  The DeSota, a class AA, 180-unit complex which includes a resort-style swimming pool, clubroom, outdoor deck, gym quality fitness center and 24-hour concierge was completed in 2017. The 10-story concrete development includes one, two, and three bedroom apartments with 15,000 square feet of ground floor retail. Interior features include condominium-grade finishes. [more...]

Cerberus Appoints Grant Berlin as Global Head of Real Estate Fundraising
May 21, 2019 7:23 AM ET

Cerberus Appoints Grant Berlin as Global Head of Real Estate Fundraising

iCrowdNewswire - May 21, 2019 - NEW YORK, -- Cerberus Capital Management, L.P. ("Cerberus"), a global leader in alternative investing, today announced that Grant Berlin has joined as a Senior Managing Director and Global Head of Real Estate Fundraising. Mr. Berlin joins Cerberus from Brookfield Asset Management, where he was Head of Real Estate Fundraising and Global Consultant Relationships. During his tenure at Brookfield, he led U.S. fundraising efforts across real estate debt and equity strategies and was also responsible for Brookfield's global. [more...]

Mercedes Kerr Named President of Belmont Village Senior Living, A Welltower Operating Partner
May 21, 2019 7:21 AM ET

Mercedes Kerr Named President of Belmont Village Senior Living, A Welltower Operating Partner

iCrowdNewswire - May 21, 2019 - TOLEDO, Ohio, -- Welltower Inc. (NYSE: WELL) today announced that Mercedes Kerr, Executive Vice President, Business & Relationship Management, will be assuming the role of President of Belmont Village Senior Living on September 3rd, 2019.  Ms. Kerr will be leaving her current role with Welltower on July 1st. Ms. Kerr joined Welltower in 2008 and has served in her current position since 2016. During her tenure, she has been largely responsible for identifying, building and managing. [more...]

Medical Real Estate Developers Simone Discusses How Boutique Hospitals are Reshaping Space and Design Needs of Healthcare Facilities
May 21, 2019 7:20 AM ET

Medical Real Estate Developers Simone Discusses How Boutique Hospitals are Reshaping Space and Design Needs of Healthcare Facilities

iCrowdNewswire - May 21, 2019 - BRONX, N.Y, -- When most people think of a hospital, cold linoleum floors and the strong scent of sanitizer might come to mind– long lines and crowded waiting rooms may not be left out either. However, the healthcare industry is beginning to evolve, growing into the service economy by acknowledging a need for increased focus on customer satisfaction and the patient experience. Here enters: the Boutique Hospital. Medical real estate developer, Simone,. [more...]

Mack-Cali Sets the Record Straight Following Bow Street
May 21, 2019 7:13 AM ET

Mack-Cali Sets the Record Straight Following Bow Street’s Disingenuous, Misleading Statements Regarding Settlement Discussions

iCrowdNewswire - May 21, 2019 - JERSEY CITY, N.J., -- Mack-Cali Realty Corporation (NYSE: CLI) (the "Company" or "Mack-Cali") today issued a public statement in response to a letter dated May 17, 2019 from Bow Street Special Opportunities Fund XV, LP ("Bow Street") to William L. Mack, Chairman of the Mack-Cali Board of Directors, regarding recent settlement discussions between Mack-Cali and Bow Street relating to Bow Street's ongoing proxy contest.  Mack-Cali believes it is important to set the record straight about Bow. [more...]

Realty Income Completes £315 Million Private Placement Of Senior Unsecured Notes Due 2034
May 21, 2019 7:10 AM ET

Realty Income Completes £315 Million Private Placement Of Senior Unsecured Notes Due 2034

iCrowdNewswire - May 21, 2019 - SAN DIEGO, -- Realty Income Corporation (Realty Income,NYSE: O), The Monthly Dividend Company®, today announced that it closed on a private placement of £315 million senior unsecured notes of the company due 2034. The Sterling-denominated notes have a fixed interest rate of 2.73%. Net proceeds from the offering will be used to fund a portion of the purchase price of the company's £429 million sale-leaseback transaction with Sainsbury's, and, to the. [more...]

Realty Income Announces Underwriters Exercise Full Option On Common Stock Offering
May 20, 2019 5:22 AM ET

Realty Income Announces Underwriters Exercise Full Option On Common Stock Offering

iCrowdNewswire - May 20, 2019 - SAN DIEGO, -- Realty Income Corporation (Realty Income,NYSE: O), The Monthly Dividend Company®, today announced that the underwriters of its recent 11,000,000 share common stock offering exercised their option to purchase an additional 1,650,000 shares of common stock. As a result, net proceeds from the 12,650,000 share offering, after underwriting discounts and estimated offering expenses payable by the company, are approximately $845 million. The company intends to use the net proceeds from. [more...]

Chinese real estate developer Country Garden ranks among Forbes Global 2000 list for ten consecutive years. The company moves up to the 129th position on the list in 2019
May 20, 2019 5:21 AM ET

Chinese real estate developer Country Garden ranks among Forbes Global 2000 list for ten consecutive years. The company moves up to the 129th position on the list in 2019

iCrowdNewswire - May 20, 2019 - FOSHAN, China, -- Country Garden Holdings (02007.HK), a leading Chinese property development company, moved up to the 129th position in the 2019 edition of the Forbes Global 2000 list released by leading business magazine Forbes on the evening of May 16, 2019. This marked the tenth consecutive year that the Chinese property developer has made the list with the ranking on the list having improved in each of the past ten years. Together. [more...]

Redfin Survey: Less than Half of Homebuyers Said Tax Reform Has Affected their Search. 14% of Homebuyers Surveyed Lowered their Price Range as a Result of Tax Reform, While 13% Moved to a Nearby City with Lower Taxes
May 20, 2019 5:20 AM ET

Redfin Survey: Less than Half of Homebuyers Said Tax Reform Has Affected their Search. 14% of Homebuyers Surveyed Lowered their Price Range as a Result of Tax Reform, While 13% Moved to a Nearby City with Lower Taxes

iCrowdNewswire - May 20, 2019 - SEATTLE, -- (NASDAQ: RDFN) —  More than a year after the historic tax code overhaul, less than half of homebuyers (47%) say that tax reform has had an effect on their home search, according to a March survey commissioned by Redfin (www.redfin.com), the technology-powered real estate brokerage. That's down from 56 percent last year, when tax reform's effects were still mostly speculative and not yet realized in people's paychecks. The tax reform law lowered the. [more...]

Weyerhaeuser Company Declares Dividend on Common Shares
May 20, 2019 5:19 AM ET

Weyerhaeuser Company Declares Dividend on Common Shares

iCrowdNewswire - May 20, 2019 - SEATTLE, -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a dividend of $0.34 per share on the common stock of the company, payable in cash on June 21, 2019 to holders of record of such common stock as of the close of business on June 7, 2019. About Weyerhaeuser Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 million acres of timberlands in. [more...]

Realtors® Discuss Benefits, Advancements in New Real Estate Technology
May 20, 2019 5:15 AM ET

Realtors® Discuss Benefits, Advancements in New Real Estate Technology

iCrowdNewswire - May 20, 2019 - WASHINGTON, -- Automation is very much a part of the real estate industry and should be embraced by Realtors® and other industry leaders, panelists said at yesterday's Emerging Business Issues and Technology Forum during the 2019 REALTORS® Legislative Meetings & Trade Expo. The session, "Automation and Sharing Economy: How it will Affect the Way We Work and Live," discussed artificial intelligence or AI components, including Alexa, bots and OJO labs, and explained how each tool. [more...]

Atairos Makes Investment in ProQuest. Long-Term Partnership to Support Continued Growth of Leader in Educational Technology . Cambridge Information Group to Remain Majority Owner
May 20, 2019 5:13 AM ET

Atairos Makes Investment in ProQuest. Long-Term Partnership to Support Continued Growth of Leader in Educational Technology . Cambridge Information Group to Remain Majority Owner

iCrowdNewswire - May 20, 2019 - ANN ARBOR, Mich., -- ProQuest, a global leader in educational technology, and Atairos, an independent private company focused on supporting growth-oriented businesses, announced today that Atairos will acquire an ownership position in ProQuest. ProQuest will use the proceeds from the transaction to repurchase most of the shares owned by entities affiliated with the Merchant Banking Division of Goldman Sachs, which will retain a minority interest in the Company. Cambridge Information Group (CIG) will maintain its majority ownership. [more...]

NexPoint Residential Trust, Inc. to Participate at NAREIT
May 20, 2019 5:12 AM ET

NexPoint Residential Trust, Inc. to Participate at NAREIT’s REITWeek 2019 Investor Conference

iCrowdNewswire - May 20, 2019 - DALLAS, -- NexPoint Residential Trust, Inc. (NYSE: NXRT) ("NXRT") announced today that Brian Mitts, NXRT's Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, and Matthew McGraner, NXRT's Executive VP and Chief Investment Officer, and Matthew Goetz, NXRT's Senior VP-Investments and Asset Management, will be meeting with investors and others at the National Association of Real Estate Investment Trusts' REITWeek 2019 Investor Conference, to be held on June 4-6 at the New York Hilton Midtown in New York City. A. [more...]

Xinyuan Real Estate Co., Ltd. to Report First Quarter 2019 Financial Results on May 23, 2019
May 20, 2019 5:11 AM ET

Xinyuan Real Estate Co., Ltd. to Report First Quarter 2019 Financial Results on May 23, 2019

iCrowdNewswire - May 20, 2019 - BEIJING, -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or the "Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager primarily in China and in other countries, today announced that it plans to release its first quarter 2019 financial results on Thursday, May 23rd, 2019, before the U.S. market open. The Company will hold a conference call at 8:00am ET on May 23, 2019, to discuss its first quarter 2019 results. Listeners may access the call by dialing: US Toll Free: +1-800-458-4121 International: . [more...]

Granite REIT Declares Distribution for May 2019
May 20, 2019 5:09 AM ET

Granite REIT Declares Distribution for May 2019

iCrowdNewswire - May 20, 2019 - TORONTO, - Granite Real Estate Investment Trust ("Granite") (TSX: GRT.UN /NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CAD$0.233 per stapled unit for the month of May 2019 representing $2.80 per stapled unit on an annualized basis.  The distribution will be paid by Granite on June 14, 2019 to stapled unitholders of record at the close of trading on May 31, 2019. The stapled units will begin trading on an ex-dividend basis at the opening. [more...]

President Trump Addresses Realtors® at NAR
May 20, 2019 5:06 AM ET

President Trump Addresses Realtors® at NAR’s Annual Legislative Meetings. Remarks from the President highlight, conclude week of engagement at the White House and on Capitol Hill

iCrowdNewswire - May 20, 2019 - WASHINGTON, -- President Donald Trump addressed a room of nearly 2,000 Realtors® at the National Association of Realtors®' Legislative Meetings and Trade Expo on Friday afternoon. The President highlighted the value of Realtors® in the housing industry while addressing administration priorities and deregulation efforts that could potentially benefit the real estate market. "I'm honored to be here with the hardworking men and women who help millions of families live the American Dream – the. [more...]

SmartCentres Declares Distribution for May 2019
May 20, 2019 5:05 AM ET

SmartCentres Declares Distribution for May 2019

iCrowdNewswire - May 20, 2019 - TORONTO, -- SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of May 2019 of CDN $0.15 per trust unit, representing CDN $1.80 per unit on an annualized basis.  Payment will be made on June 17, 2019 to unitholders of record on May 31, 2019. SmartCentres offers Canadian unitholders the option to participate in a Distribution Reinvestment Plan. [more...]