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Who is Today
Oct 8, 2020 2:09 PM ET

Who is Today’s Millennial Home Buyer? Realtor.com® Unveils New Research on the Largest Generation in the U.S.

iCrowdNewswire - Oct 8, 2020 - The COVID-19 pandemic has made nearly half of millennial home shoppers speed up their home buying timeline, according to a recent realtor.com® and HarrisX survey of 2,000 home shoppers who plan on purchasing a home within the next year. Data shows the largest generation in U.S. history is prepared for a competitive market and they aren't above receiving financial assistance from family or friends to make their home buying dreams a. [more...]

New American Funding Partners with Real Estate Tech Pioneer Zigzy
Oct 8, 2020 1:37 PM ET

New American Funding Partners with Real Estate Tech Pioneer Zigzy

iCrowdNewswire - Oct 8, 2020 -  Top independent mortgage lender New American Funding is pleased to announce a partnership with Zigzy, a technology startup focused on the real estate and mortgage industry, that will see New American Funding integrate Zigzy's signature real estate offering, Townify, into its lending operations. Townify offers a "one-stop shop" for real estate agents, allowing them to: New American Funding Partners with Real Estate Tech Pioneer Zigzy   Host virtual open houses: Real estate agents can. [more...]

Jornaya
Oct 8, 2020 1:12 PM ET

Jornaya’s Rich Smith and Mike Eshelman to Present at HousingWire Annual 2020: The Pandemic’s Impact on Consumer Shopping Behavior in Mortgage & Real Estate

iCrowdNewswire - Oct 8, 2020 - Jornaya, the leading behavioral data intelligence company with a proprietary view of more than 400 million consumer journeys every month, is proud to join forces with HousingWire as a Presenting Sponsor for HW Annual 2020 On October 8, HousingWire Annual will address the rapidly evolving opportunities for the housing industry, bringing together the most important stakeholders in government and business for a one-day virtual summit that will shape the housing conversation for. [more...]

LCR Further Strengthens its Real Estate and Finance Expertise with the Appointment of Louis Frost as Senior Advisor
Oct 8, 2020 12:40 PM ET

LCR Further Strengthens its Real Estate and Finance Expertise with the Appointment of Louis Frost as Senior Advisor

iCrowdNewswire - Oct 8, 2020 - LCR Capital Partners is excited to announce that Louis Frost has agreed to join LCR as a Senior Advisor focused on real estate developers, real estate transactions, and related elements of LCR's business.   Lou Frost   Lou brings a wealth of real estate and finance experience to LCR having closed over $30 billion in real estate and finance transactions over almost twenty years.  Prior to joining LCR, Lou served as KPMG's National Real Estate. [more...]

Educational Institutions Can Use Real Estate to Support their Go-Forward Strategies, Advise A&G Executives
Oct 8, 2020 12:06 PM ET

Educational Institutions Can Use Real Estate to Support their Go-Forward Strategies, Advise A&G Executives

iCrowdNewswire - Oct 8, 2020 - Educational institutions can bolster their business strategies by taking greater advantage of their real estate assets, advise two executives from A&G Real Estate Partners in the Turnaround Management Association's Journal of Corporate Renewal. "For many schools, taking a hard look at existing real estate holdings and obligations could be the key," write Jeff Hubbard and Jamie Cote, who are Senior Managing Directors in A&G's Structured Real Estate Sales division.   Jeff Hubbard Jamie Cote   Their four-page. [more...]

Pam Scamardo Joins Forbes Real Estate Council
Oct 8, 2020 11:40 AM ET

Pam Scamardo Joins Forbes Real Estate Council

iCrowdNewswire - Oct 8, 2020 - Respected as a leader in the multi-family investing space, Pam Scamardo is dedicated to helping the industry evolve. Through her various professional and community roles, including her recent appointment as CREW Network Board Director for the 2021-2022 term, Pam has been an advocate for investors at all stages. One of the most common misconceptions in the multi-family investing space is that it is reserved for the ultra-wealthy. Over a decade ago, Pam. [more...]

Redfin Survey: 22% of Homebuyers and Sellers Say the Presidential Election Is Impacting Their Plans
Oct 8, 2020 11:06 AM ET

Redfin Survey: 22% of Homebuyers and Sellers Say the Presidential Election Is Impacting Their Plans

iCrowdNewswire - Oct 8, 2020 - Twenty-two percent of homebuyers and sellers said the upcoming presidential election is impacting their plans to buy or sell a home, according to an August survey from Redfin (www.redfin.com), the technology-powered real estate brokerage. That's down from 32% in November 2019, per a similar Redfin survey. The drop from last year is likely due to the pandemic, which seems to be outweighing the election as a factor for homebuyers and sellers. Thirteen percent. [more...]

Lisa Westcott and Shawna Warner of Russ Lyon Sotheby
Oct 8, 2020 10:44 AM ET

Lisa Westcott and Shawna Warner of Russ Lyon Sotheby’s International Realty Represented the Seller and Buyer and Broke Record for the Highest Residential Sale in Arizona’s History – $24.1 Million

iCrowdNewswire - Oct 8, 2020 -  Russ Lyon Sotheby's International Realty, Arizona's leader in luxury real estate is proud to announce Luxury Agents Lisa Westcott and Shawna Warner represented the seller and the buyer in a $24.1 million closing and what is now an Arizona record for the highest residential sale in the state. This is a photo of the $24.1 Million record home sale by Lisa Westcott and Shawna Warner of Russ Lyon Sotheby's International Realty. Westcott represented the seller, while Warner represented the buyer in the transaction,. [more...]

Hello Real Estate Center Announces Opening In Reno
Oct 8, 2020 10:13 AM ET

Hello Real Estate Center Announces Opening In Reno

iCrowdNewswire - Oct 8, 2020 -  Hello Real Estate Center has opened a landmark and innovative new office Reno, Nevada. The brainchild of popular Reno-area real estate broker Jay-Dee Brehm, Hello Real Estate Center is a 5,000 square foot office at 8060 Double R Boulevard, Suite 400. The space will serve as the company's main business center training and events facility. The building hosts two private offices, multiple work and lounge spaces, a 1,000 square foot indoor patio courtyard,. [more...]

Study Reveals Real Estate Market Facing Stress Test - Go Digital or Die
Oct 7, 2020 2:12 PM ET

Study Reveals Real Estate Market Facing Stress Test – Go Digital or Die

iCrowdNewswire - Oct 7, 2020 -  States Title, one of the leading forces for disruptive change in the real estate industry, announced today a new third party survey of real estate professionals revealing key insights on how stakeholders (lenders, real estate agents, and title agents) are evolving business operations to meet the challenges of COVID-19. The data shows that there is a transformation underway that puts a spotlight on digital readiness. According to the survey, 59%. [more...]

Cherre Collaborates with First American DataTree to Provide Comprehensive Property Information in Real Estate Data Platform
Oct 7, 2020 1:40 PM ET

Cherre Collaborates with First American DataTree to Provide Comprehensive Property Information in Real Estate Data Platform

iCrowdNewswire - Oct 7, 2020 -  Cherre, the award-winning real estate data management platform, today announced a new agreement with First American DataTree, the leading national provider of property data and document images. Under this agreement, mutual customers of both companies will be able to easily incorporate DataTree's extensive property information into their proprietary connected data lake for analysis and better decision making. (PRNewsfoto/Cherre) First American DataTree LLC, a part of the First American family of. [more...]

Margulies Perruzzi Offers Guidance on How COVID-19 Affects Building Design
Oct 7, 2020 1:08 PM ET

Margulies Perruzzi Offers Guidance on How COVID-19 Affects Building Design

iCrowdNewswire - Oct 7, 2020 -  Margulies Perruzzi (MP), one of New England's most innovative architectural and interior design firms, today released a new report on the challenges facing commercial real estate and building design due to COVID-19. The firm's research is available online and as a downloadable PDF at https://bit.ly/3cL4GVE. Margulies Perruzzi (MP), one of New England’s most innovative architectural and interior design firms, today released a new report on the challenges facing commercial real estate and. [more...]

Nan & Co Properties Launches New Developer Services Division
Oct 7, 2020 12:45 PM ET

Nan & Co Properties Launches New Developer Services Division

iCrowdNewswire - Oct 7, 2020 -  Nan & Company Properties, a leading luxury real estate company and Christie's International Real Estate's Houston affiliate, today announces the launch of a new division, Nan Properties Developer Services (NPDS). This new platform provides developers a comprehensive and a strategic approach to program development, launch and sustaining sales for a project. NPDS positions each development directly to the consumer as an independent brand and its product offering is leveraged by Nan Properties. [more...]

Cousins Properties Announces Dates For Third Quarter 2020 Earnings Release And Conference Call
Oct 7, 2020 12:04 PM ET

Cousins Properties Announces Dates For Third Quarter 2020 Earnings Release And Conference Call

iCrowdNewswire - Oct 7, 2020 - Cousins Properties  announced that it will release its third quarter 2020 earnings after the market closes on Wednesday, October 28, 2020. Cousins will hold its third quarter 2020 earnings conference call on Thursday, October 29, 2020 at 10:00 a.m. (Eastern Time). The number for this call is (877) 247-1056. The live webcast of this call can be accessed on the Company's website, www.cousins.com, through the "Cousins Properties Third Quarter Conference Call" link on the Investor Relations page. A. [more...]

QuadReal Property Group Becomes Joint Owner of CA Ventures
Oct 7, 2020 11:42 AM ET

QuadReal Property Group Becomes Joint Owner of CA Ventures’ $4B Student Living Company

iCrowdNewswire - Oct 7, 2020 - CA Ventures ("CA"), the global vertically integrated real estate investment management company, today announced that QuadReal Property Group ("QuadReal") has acquired a 50% interest in its U.S. student living platform. The transaction formalizes the conversion of QuadReal's existing student, entity-level investments with CA, to an ownership stake in the company. QuadReal's commitment with CA Is $1.6 billion including other CA investment vehicles strategically designed to support the continued growth of the firm's student. [more...]

Realtor.com® Red Versus Blue Report: Blue State Americans Are Searching For Homes In Swing States; What Does That Mean For The Presidential Election?
Oct 7, 2020 11:11 AM ET

Realtor.com® Red Versus Blue Report: Blue State Americans Are Searching For Homes In Swing States; What Does That Mean For The Presidential Election?

iCrowdNewswire - Oct 7, 2020 - The ongoing trend of Americans migrating from densely populated typically Democratic urban areas to more affordable suburbs and rural areas that historically lean more Republican could potentially have an impact on the outcome of the upcoming presidential election, according to a new analysis released today by realtor.com®. The report reveals that the majority of out of town searches for homes in the battleground states of Florida, Michigan, Pennsylvania and Wisconsin come from states and counties that lean. [more...]

Orchard Transforms Home Buying with Digital Transaction Platform
Oct 7, 2020 10:45 AM ET

Orchard Transforms Home Buying with Digital Transaction Platform

iCrowdNewswire - Oct 7, 2020 - Orchard, the home buying marketplace that makes purchasing a home stress-free, fair and simple, today announced the launch of the Orchard Dashboard, a digital platform that enables homeowners' to manage their entire real estate transaction from search to close in one place. The dashboard represents a transformative step in Orchard's mission to deliver the best end-to end consumer experience in real estate. "The traditional way of buying and selling a. [more...]

Real Expands to Alaska with Top Real Estate Team and Agents
Oct 7, 2020 10:14 AM ET

Real Expands to Alaska with Top Real Estate Team and Agents

iCrowdNewswire - Oct 7, 2020 -  The Real Brokerage Inc., a national, technology-powered real estate brokerage in the United States, is expanding to Alaska. As part of the expansion, Real also welcomes the Aspire Realty Group, a top Anchorage real estate team, and Nate Baer, a 20-year veteran of Anchorage real estate with significant average year sales volumes. "You don't need an office to make you successful in Alaska real estate." Tweet this Aspire Realty Group was attracted to Real's mobile technology and. [more...]

Austin, Texas Home Sellers are Warned by Industry Expert
Oct 6, 2020 4:43 PM ET

Austin, Texas Home Sellers are Warned by Industry Expert

iCrowdNewswire - Oct 6, 2020 - In Austin, one of the hottest real estate markets, home sellers may be getting far less than they deserve! Austin, Texas is one of the hottest real estate markets in the nation. But selling in a hot market can have a lot of issues for home sellers, and in the FREE webinar, A Wake-Up Call for Home Sellers, real estate industry expert and thought leader Harold Ware, issues a warning: “No seller wants to. [more...]

Principal Real Estate Income Fund Announces Update Call And Declares Monthly Distributions Of $0.08 Per Share
Oct 6, 2020 2:45 PM ET

Principal Real Estate Income Fund Announces Update Call And Declares Monthly Distributions Of $0.08 Per Share

iCrowdNewswire - Oct 6, 2020 - Principal Real Estate Income Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol "PGZ," announced the declaration of monthly distributions of $0.08 per common share, payable on the dates noted below. Based on the Fund's current net asset value share price of $14.21 (as of market close on September 30, 2020), the distributions represent an annualized distribution rate of 6.76%. The unprecedented COVID-19 related market volatility in the first. [more...]

Welltower Announces Seniors Housing and Outpatient Medical Dispositions Totaling $1.3 Billion in Value
Oct 6, 2020 2:13 PM ET

Welltower Announces Seniors Housing and Outpatient Medical Dispositions Totaling $1.3 Billion in Value

iCrowdNewswire - Oct 6, 2020 - Welltower Inc. announced that it has expanded its relationship with leading institutional real estate investors through the sale of three portfolios with a combined valuation of $1.3 billion. In mid-September, the Company closed on the sale of a prominent Seniors Housing Operating portfolio for $702 million, representing a 5.1% cap rate on March TTM NOI (with average portfolio occupancy during that time of 96%) and 3.6% on August annualized NOI or, $466,000 per unit.  The. [more...]

BBG Introduces Manufactured Housing Parks, RV Campground Service
Oct 6, 2020 1:42 PM ET

BBG Introduces Manufactured Housing Parks, RV Campground Service

iCrowdNewswire - Oct 6, 2020 -  BBG, a leading due diligence commercial real estate firm, today announced that it is now offering valuation and assessment services for the manufactured housing communities, recreational vehicle parks and campgrounds, fast-growing sectors in the commercial real estate industry. BBG appointed Erik J. Hanson, MAI, to lead the firm's new valuation and assessment services practice group for manufactured housing parks and recreational vehicle parks and campgrounds. BBG's newest service will be. [more...]

Capital Square 1031 Launches Third Investment Offering of 55+ Manufactured Housing Community in Coastal Florida
Oct 6, 2020 1:11 PM ET

Capital Square 1031 Launches Third Investment Offering of 55+ Manufactured Housing Community in Coastal Florida

iCrowdNewswire - Oct 6, 2020 - Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for Section 1031 exchange and other accredited investors, announced today the launch of CS1031 Maplewood Estates MHC, DST. The Regulation D private placement is comprised of Maplewood Estates, a 55+, age-restricted manufactured housing community containing 412 homesites in Port Orange, a suburb of Orlando, Florida. "This is Capital Square's third acquisition of a 55+, four- and five-star manufactured housing community in a. [more...]

SIOR September Snapshot Sentiment Survey Caps Six Months Of Unmatched Commercial Real Estate Market Data And Insight
Oct 6, 2020 12:39 PM ET

SIOR September Snapshot Sentiment Survey Caps Six Months Of Unmatched Commercial Real Estate Market Data And Insight

iCrowdNewswire - Oct 6, 2020 - Since April 2020, the Society of Industrial and Office Realtors® (SIOR), the world's premier organization for office and industrial commercial real estate professionals, has surveyed its members, for a monthly Snapshot Sentiment Survey. The results help  continually assess the impact of the COVID-19 pandemic on the commercial real estate market. SIOR brokers, considered the most accomplished and respected brokers in the industry,  reported on the previous month's transaction details and confidence in the market. [more...]

Home Prices Up 14%, But Price Growth May Wane Soon
Oct 6, 2020 12:08 PM ET

Home Prices Up 14%, But Price Growth May Wane Soon

iCrowdNewswire - Oct 6, 2020 - The median home sale price increased 14% year over year to $319,769—the highest on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The 14% jump was the largest since August 2013. Since the four-week period ending July 5, home prices have increased 6.5%. Over that same period in 2018 and 2019, prices declined an average of 4.2% Below are other key housing market takeaways for 434 U.S. metro areas. [more...]

Real Estate Developer Passes Square Footage Milestone
Oct 6, 2020 11:38 AM ET

Real Estate Developer Passes Square Footage Milestone

iCrowdNewswire - Oct 6, 2020 - Through a series of recent developments and acquisitions, Welcome Group, LLC, now has more than 5 million square feet of industrial space within the company's commercial real estate portfolio in Texas. The Houston, Texas-based real estate owner and developer's extensive growth aligns with the company's expansion goals. Welcome Group's robust portfolio consists of single-tenant commercial, distribution, lab, and manufacturing properties. The company is actively seeking more development, purchase and sale-leaseback opportunities to. [more...]

Luxury Portfolio International® Explores Pandemic
Oct 6, 2020 11:10 AM ET

Luxury Portfolio International® Explores Pandemic’s Impact on Prime Property Market, the Millennial Effect, and Design Trends of the Next Decade in Just-released Issue of Bi-Annual Magazine

iCrowdNewswire - Oct 6, 2020 -  Luxury Portfolio International® -- the global network comprising more than 200 leading high-end real estate brokerages and the luxury marketing division of Leading Real Estate Companies of the World® -- has released the latest issue of its eponymous publication, Luxury Portfolio International magazine.  Now on newsstands, the issue (Volume 10: No. 2) delves into the pandemic's impact on high-end real estate, why the market continues to thrive, and how the rapidly evolving concept of home. [more...]

Jason Mitchell Real Estate, the Nations #1 Real Estate Team has officially opened its doors for business in Richmond, Virginia
Oct 6, 2020 10:39 AM ET

Jason Mitchell Real Estate, the Nations #1 Real Estate Team has officially opened its doors for business in Richmond, Virginia

iCrowdNewswire - Oct 6, 2020 - Jason Mitchell Real Estate, the Nations #1 Real Estate Team has officially opened its doors for business in Richmond, Virginia.  Led by Broker Amy Arnone and Marketplace VP Adam Furman, the Jason Mitchell Group will look to duplicate its efforts as it has throughout all markets they service. By being the leader of B2B services, the JMG model is to support mortgage lenders and networks alike to service their clients who are in. [more...]

Watermark Residential to Develop 316-Unit Multifamily Community Near St. Louis, Missouri
Oct 6, 2020 10:18 AM ET

Watermark Residential to Develop 316-Unit Multifamily Community Near St. Louis, Missouri

iCrowdNewswire - Oct 6, 2020 -  Watermark Residential, a wholly owned affiliate of Thompson Thrift and one of the nation's leading multifamily developers, announced today the acquisition of approximately 19 acres of land in the affluent St. Louis suburb of O'Fallon where the company plans to develop their fourth apartment community in Missouri—Avenue64 by Watermark. The expected completion date is August 2022. Located at 1147 Technology Drive, Avenue64 by Watermark will be conveniently located between I-64 and Highway K, approximately 30. [more...]

Condo Prices Climb 5.4% in August, Lagging 11.9% Growth for Single-Family Homes
Oct 5, 2020 1:44 PM ET

Condo Prices Climb 5.4% in August, Lagging 11.9% Growth for Single-Family Homes

iCrowdNewswire - Oct 5, 2020 - Condo sale prices in the U.S. increased 5.4% year over year to a median of $266,000 in August, trailing growth in single-family home prices, which surged 11.9% to $343,000, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's the largest price-growth gap between the two property types since 2014. About one in five condos (21.9%) sold for above the price at which it was listed, up slightly from 19.2% in August. [more...]