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Aug 8, 2019 6:10 AM ET

Fla.’s Housing Market: Median Prices, Inventory Continue to Rise in 2Q 2019

iCrowdNewswire - Aug 8, 2019 - ORLANDO, Fla., - Continuing a trend from the first three months of the year, Florida's housing market reported higher median prices and rising inventory in 2Q 2019, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 85,017 in 2Q 2019, up 4.6% from the 2Q 2018 level. "Median sales prices for both existing single-family homes and for condo-townhouse properties rose in Florida during the second quarter – and. [more...]

Aug 8, 2019 6:10 AM ET

California housing affordability dips in second quarter 2019, C.A.R. reports

iCrowdNewswire - Aug 8, 2019 - - Thirty percent of California households could afford to purchase the $608,660 median-priced home in the second quarter of 2019, down from 32 percent in first-quarter 2019 but up from 26 percent a year ago. - A minimum annual income of $122,960 was needed to make monthly payments of $3,070, including principal, interest and taxes on a 30-year fixed-rate mortgage at a 4.17 percent interest rate. - Forty percent of. [more...]

Aug 8, 2019 6:05 AM ET

The St. Regis Residences, Rye Off to a Rapid Start, With Sales Pace Exceeding Expectations

iCrowdNewswire - Aug 8, 2019 - RYE, N.Y., - Sales are off to a rapid start at The St. Regis Residences, Rye, a collection of exquisitely appointed condominium residences featuring luxurious amenities and services that reflect the St. Regis brand's unparalleled quality and sophistication. Just a few months after the Sales Gallery launch, sales at the 92-home community are brisk. "The market's response to these extraordinary residences has been extremely positive, and sales have been robust. We have. [more...]

Metro Home Prices Increase in 91% of Metro Areas in Second Quarter of 2019
Aug 8, 2019 6:00 AM ET

Metro Home Prices Increase in 91% of Metro Areas in Second Quarter of 2019

iCrowdNewswire - Aug 8, 2019 - WASHINGTON, - Most metro areas saw price gains under marginal inventory growth in the second quarter of 2019, according to the latest quarterly report by the National Association of Realtors®. Single-family median home prices increased year-over-year in 91% of measured markets in the second quarter, with 162 of 178 metropolitan statistical areas1 showing sales price gains. That is up from the 86% share in the first quarter of 2019. The national median existing single-family home price. [more...]

Aug 7, 2019 8:00 AM ET

Realtors® Housing Minute: A Video Recap of Market Activity in June

iCrowdNewswire - Aug 7, 2019 - WASHINGTON, Pending home sales rose on a year-over-year basis in June, the first time in 17 months. Visit https://www.nar.realtor/videos/housing-minute to watch a 58-second, animated video from the National Association of Realtors® summarizing June housing market conditions and performance reported in July.   National Association of Realtors®’ July Housing Minute   The National Association of Realtors® is America's largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial. [more...]

Will Real Estate Subscription Services Be the Next Big Thing?
Aug 7, 2019 6:25 AM ET

Will Real Estate Subscription Services Be the Next Big Thing?

iCrowdNewswire - Aug 7, 2019 - FALLS CHURCH, Va., - The way consumers choose their next real estate broker might have more in common with Netflix than the traditional broker-centric business practices that have defined the real estate industry for more than a century and that add undue costs, barriers, and inefficiencies. In an age of unbounded consumer choice and technology-led innovations, brokers are still stuck in the 20th century, charging homeowners a 6% commission to sell their home. [more...]

Guaranteed Rate Introduces New LGBTQ+ Organization to Champion Workplace Equality
Aug 7, 2019 6:21 AM ET

Guaranteed Rate Introduces New LGBTQ+ Organization to Champion Workplace Equality

iCrowdNewswire - Aug 7, 2019 - CHICAGO,  Guaranteed Rate, one of the largest retail mortgage lenders in the nation, is pleased to announce PROUD, a new internal organization aimed at promoting LGBTQ+ acceptance in the workplace. The mission of PROUD is to maintain a work environment in the mortgage industry that believes in everyone for who they are, wants them to succeed because of their talents and abilities, and makes them feel safe, welcome and most importantly,. [more...]

Starboard Commercial Real Estate Announces Sale of 598 Bryant Street in SOMA
Aug 7, 2019 6:19 AM ET

Starboard Commercial Real Estate Announces Sale of 598 Bryant Street in SOMA

iCrowdNewswire - Aug 7, 2019 - Developer Pitches Plan For 280 apartments and Over 5,600 square feet of Replacement Production, Distribution and Repair (PDR) SAN FRANCISCO,  Starboard Commercial Real Estate, privately owned and locally based San Francisco commercial real estate firm, today announced the sale of 598 Bryant Street, a premier development site in the SOMA district of San Francisco (sale price is undisclosed). The property, which has been home to a Shell station for years, was sold by senior sales. [more...]

Fund&Grow Raises $42.4M for Clients in Last Quarter
Aug 7, 2019 6:17 AM ET

Fund&Grow Raises $42.4M for Clients in Last Quarter

iCrowdNewswire - Aug 7, 2019 - SPRING HILL, Fla.,  Today Fund&Grow, Inc. announced they originated $42.4 million for their clients over the last three months. The four-time Inc. 5000 recipient continues to provide creative funding solutions to small businesses throughout the US. Since the company's inception in 2007, the Company has experienced significant growth in client base, staff and millions of dollars in business funding for clients. Last month they raised $14.2M for their clients, almost doubling last year's average of $7.4M per month.. [more...]

Douglas Elliman On Track to Raise $1,000,000 for God
Aug 7, 2019 6:13 AM ET

Douglas Elliman On Track to Raise $1,000,000 for God’s Love We Deliver with Seventh Annual Ride for Love

iCrowdNewswire - Aug 7, 2019 - NEW YORK, On September 14, 2019, Douglas Elliman Real Estate, the second largest independent residential real estate brokerage in the United States by sales volume, will host the seventh annual Ride for Love to benefit God's Love We Deliver, New York City's leading provider of nutritious, individually-tailored meals for people who are too sick to shop or cook for themselves. This marks Elliman's seventh annual ride for God's Love, which is expected to put Douglas Elliman well over. [more...]

Gart Properties Announces Strategic Acquisition, Orchard Plaza, Building on Strong Colorado Footprint
Aug 7, 2019 6:11 AM ET

Gart Properties Announces Strategic Acquisition, Orchard Plaza, Building on Strong Colorado Footprint

iCrowdNewswire - Aug 7, 2019 - DENVER, - Gart Properties LLC, a Denver-based privately held real estate company added another asset to its growing portfolio. The company has acquired the 155,000 square foot retail and service center, Orchard Plaza, located in the heart of the Denver Tech Center, at the northwest corner of East Orchard Road and South Yosemite Street.  The center's tenants include Primrose School, Starbucks, Federal Express and Specialty Appliance among others. Spice Trade Brewery & Restaurant has recently been added to the. [more...]

Henley Investments Adds to Las Vegas Portfolio with its Fifth Acquisition and Re-invention of an Established Apartment Community
Aug 7, 2019 6:10 AM ET

Henley Investments Adds to Las Vegas Portfolio with its Fifth Acquisition and Re-invention of an Established Apartment Community

iCrowdNewswire - Aug 7, 2019 - BOSTON,- Henley Investments, a leading private equity real estate firm based in the UK and the USA, together with collaborators Tower 16 Capital Partners, have announced the acquisition of the Five89 apartment community in eastern Las Vegas.  With 312 units, as well as a full complement of recreation and convenience amenities, the property will be extensively renovated and rebranded as part of Henley Tower 16's family of upscale apartment communities branded as. [more...]

First Industrial Realty Trust Declares Common Stock Dividends
Aug 7, 2019 6:05 AM ET

First Industrial Realty Trust Declares Common Stock Dividends

iCrowdNewswire - Aug 7, 2019 - CHICAGO, - First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that its board of directors declared a common stock dividend of $0.23 per share/unit for the quarter ending September 30, 2019 payable on October 21, 2019 to stockholders of record on September 30, 2019. About First Industrial Realty Trust, Inc. First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial. [more...]

Aug 6, 2019 9:00 AM ET

NAR wins 2019 Sustainability Award from Business Intelligence Group

iCrowdNewswire - Aug 6, 2019 - CHICAGO, The National Association of Realtors® was today recognized by the Business' Intelligence Group as a global leader in sustainability promotion. The annual Sustainability Awards honor organizations that have made sustainability an integral part of their business practice, highlighting NAR for the work it's done since implementing its association-wide Sustainability Program in 2017. The program has catalyzed a surge of member interest and support, integrating corporate social responsibility and triple bottom line. [more...]

Aug 6, 2019 6:30 AM ET

W+R Studios announces Homebeat™, a new tool to keep agents top of mind with their clients by sending scheduled automated online CMAs

iCrowdNewswire - Aug 6, 2019 - Homebeat is branded to the agent and includes a call to action to request a "Full CMA" when they are closer to selling their home HUNTINGTON BEACH, Calif.- Real estate software company, W+R Studios, announced today a new solution for real estate agents. Homebeat allows real estate agents to send automated online CMAs to their clients on a recurring schedule. Homebeat will be available to Cloud Agent Suite subscribers which includes. [more...]

Homebuilder Disrupting Housing Industry with New Technology, Meridian, ID
Aug 6, 2019 6:25 AM ET

Homebuilder Disrupting Housing Industry with New Technology, Meridian, ID

iCrowdNewswire - Aug 6, 2019 - CBH Homes enters the era of self-serve for their home buyers MERIDIAN, Idaho,  -- In an era of technology and convenience, the home building industry traditionally falls short on keeping up. CBH Homes, a local home builder out of Idaho, is working to fight against the old ways and embrace the fact that consumers want their products faster and easier, which is why they are introducing the Tour Now, Instant Home Access. The. [more...]

Hilco Real Estate Announces An Opportunity Zone 125± Acre Development Site For Sale
Aug 6, 2019 6:20 AM ET

Hilco Real Estate Announces An Opportunity Zone 125± Acre Development Site For Sale

iCrowdNewswire - Aug 6, 2019 - NORTHBROOK, Ill., -- Hilco Real Estate, LLC announces the new listing of a 125± acre development site in Groveton, N.H., for sale in a Federally Designated Opportunity Zone – a parcel of land ideal for the energy, manufacturing and technology sectors and easily divisible and ready for immediate redevelopment. The site features a natural gas transmission system tap – the only tap in New Hampshire with direct rail, truck and pipe access – as well as. [more...]

Realty Income Announces Operating Results For Second Quarter And First Six Months Of 2019
Aug 6, 2019 6:15 AM ET

Realty Income Announces Operating Results For Second Quarter And First Six Months Of 2019

iCrowdNewswire - Aug 6, 2019 - SAN DIEGO,  -- Realty Income Corporation (Realty Income,NYSE: O), The Monthly Dividend Company®, today announced operating results for the second quarter and six months ended June 30, 2019. All per share amounts presented in this press release are on a diluted per common share basis unless stated otherwise. COMPANY HIGHLIGHTS: For the quarter ended June 30, 2019: Net income per share was $0.31 AFFO per share increased 2.5% to $0.82, compared to the quarter ended June 30, 2018. [more...]

Walker & Dunlop Expands Agency Financing Team with Two New Hires in the Mid-Atlantic
Aug 6, 2019 6:10 AM ET

Walker & Dunlop Expands Agency Financing Team with Two New Hires in the Mid-Atlantic

iCrowdNewswire - Aug 6, 2019 - BETHESDA, Md., -- Walker & Dunlop, Inc. announced today that it has added two Agency lending professionals to its growing team of mortgage bankers. Frank Cassidy joins as Vice President in Philadelphia, Pennsylvania, where he is responsible for multifamily and healthcare lending primarily through the U.S. Department of Housing and Urban Development (HUD). Cliff Ayers joins as Vice President in the company's Bethesda, Maryland office, where he is focused on originating Fannie Mae and Freddie Mac multifamily loans. Executive Vice. [more...]

Nashville Based Real Estate Brokerage Hōm Group Partners With Lake Forest Homes
Aug 6, 2019 6:05 AM ET

Nashville Based Real Estate Brokerage Hōm Group Partners With Lake Forest Homes

iCrowdNewswire - Aug 6, 2019 - NASHVILLE, Tenn.,  -- HŌM Group, an effective, full-service real estate brokerage, has partnered with Lake Forest Homes, a construction company with a focus on quality and efficiency. The partnership adds to the momentum, providing more power in the marketplace and affordable homes for first-time homebuyers. Sean Miku, founder and CEO of HŌM Group, said, "We are extremely excited to partner with a like-minded company that allows us to bring high-quality and. [more...]

Real-Estate Tech Company Faira Positions Itself to be One-Stop-Shop for Homebuyers
Aug 6, 2019 6:00 AM ET

Real-Estate Tech Company Faira Positions Itself to be One-Stop-Shop for Homebuyers

iCrowdNewswire - Aug 6, 2019 - Seattle-based Faira, a full-service online real estate brokerage that allows sellers and buyers to complete home transactions without traditional agent commissions, now guarantees homebuyers will win the home they want when they use Faira SEATTLE, -- Great news for homebuyers: As the real estate market becomes increasingly competitive, one company takes the frustration out of buying a home by guaranteeing that homebuyers will win a home offer. Enter Faira, a real estate. [more...]

Aug 6, 2019 2:00 AM ET

NAR wins 2019 Sustainability Award from Business Intelligence Group

iCrowdNewswire - Aug 6, 2019 - CHICAGO, The National Association of Realtors® was today recognized by the Business' Intelligence Group as a global leader in sustainability promotion. The annual Sustainability Awards honor organizations that have made sustainability an integral part of their business practice, highlighting NAR for the work it's done since implementing its association-wide Sustainability Program in 2017. The program has catalyzed a surge of member interest and support, integrating corporate social responsibility and triple bottom line. [more...]

Aug 6, 2019 2:00 AM ET

Realtors Property Resource® Adds Qualified Opportunity Zones

iCrowdNewswire - Aug 6, 2019 - CHICAGO, Realtors Property Resource®, a nationwide data resource and a wholly-owned subsidiary of the National Association of Realtors®, is pleased to announce the addition of Qualified Opportunity Zones to its platform. This powerful data layer will allow Realtors® to use RPR's map interface to analyze and search for properties within the 8,700 Opportunity Zones throughout the U.S. Created in 2017 as part of the Tax Cuts and Jobs Act, the purpose of. [more...]

Homebuilder Disrupting Housing Industry with New Technology, Meridian, ID
Aug 5, 2019 6:40 AM ET

Homebuilder Disrupting Housing Industry with New Technology, Meridian, ID

iCrowdNewswire - Aug 5, 2019 - CBH Homes enters the era of self-serve for their home buyers. MERIDIAN, Idaho, -- In an era of technology and convenience, the home building industry traditionally falls short on keeping up. CBH Homes, a local home builder out of Idaho, is working to fight against the old ways and embrace the fact that consumers want their products faster and easier, which is why they are introducing the Tour Now, Instant Home Access. The. [more...]

American Homes 4 Rent Announces Distributions
Aug 5, 2019 6:40 AM ET

American Homes 4 Rent Announces Distributions

iCrowdNewswire - Aug 5, 2019 - AGOURA HILLS, Calif., -- American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, today announced that the Board of Trustees declared a dividend of $0.05 per share on the Company's common shares for the third quarter of 2019. The distribution will be payable in cash on September 30, 2019 to shareholders of record on September 13, 2019. The Board of Trustees also declared a per share quarterly distribution on the. [more...]

NAR wins 2019 Sustainability Award from Business Intelligence Group
Aug 5, 2019 6:35 AM ET

NAR wins 2019 Sustainability Award from Business Intelligence Group

iCrowdNewswire - Aug 5, 2019 - CHICAGO, -- The National Association of Realtors® was today recognized by the Business' Intelligence Group as a global leader in sustainability promotion. The annual Sustainability Awards honor organizations that have made sustainability an integral part of their business practice, highlighting NAR for the work it's done since implementing its association-wide Sustainability Program in 2017. The program has catalyzed a surge of member interest and support, integrating corporate social responsibility and triple bottom line. [more...]

Realtors Property Resource® Adds Qualified Opportunity Zones
Aug 5, 2019 6:30 AM ET

Realtors Property Resource® Adds Qualified Opportunity Zones

iCrowdNewswire - Aug 5, 2019 - CHICAGO,  -- Realtors Property Resource®, a nationwide data resource and a wholly-owned subsidiary of the National Association of Realtors®, is pleased to announce the addition of Qualified Opportunity Zones to its platform. This powerful data layer will allow Realtors® to use RPR's map interface to analyze and search for properties within the 8,700 Opportunity Zones throughout the U.S. Created in 2017 as part of the Tax Cuts and Jobs Act, the purpose. [more...]

Elite Alliance Announces Partnership With HRG Properties & Rentals
Aug 5, 2019 6:25 AM ET

Elite Alliance Announces Partnership With HRG Properties & Rentals

iCrowdNewswire - Aug 5, 2019 - ROCHESTER, N.Y., -- Elite Alliance, the leader in exchange services for owners of prestigious residence clubs and luxury, professionally managed vacation homes, announced HRG Properties & Rentals as the newest addition to its growing, international portfolio of vacation destinations. HRG Properties & Rentals is the premier rental and real estate group in Los Sueños Resort & Marina, Herradura Beach, Costa Rica, just 90 minutes from San Jose'sJuan Santamaria International airport Los Sueños Resort. [more...]

Savills Adds Tenant Representation Team to Launch Detroit Office
Aug 5, 2019 6:20 AM ET

Savills Adds Tenant Representation Team to Launch Detroit Office

iCrowdNewswire - Aug 5, 2019 - DETROIT,  --Savills has recruited leading tenant representation advisors Gregory Bockart, Jr.and Peter McGrath in Detroit, joining from Colliers International. Their arrival builds on the firm's presence in the region and extends its capabilities in the local market "Savills growth plan is centered around strategic recruiting and acquisitions that strengthen our services and solutions and help us better serve our clients," said Executive Vice President George Kohl, who oversees the firm's operations in the Midwest. "Detroit has experienced. [more...]

Eurazeo To Invest In Supply Chain Software With Acquisition Of Elemica
Aug 5, 2019 6:15 AM ET

Eurazeo To Invest In Supply Chain Software With Acquisition Of Elemica

iCrowdNewswire - Aug 5, 2019 - PARIS, -- Eurazeo, a leading global investment company listed in Paris with €17.7 billion in assets under management, has announced its acquisition of Elemica, a leading cloud-enabled digital supply network. Eurazeo will support Elemica's expansion and global growth strategy into new industry verticals, geographies and product offerings. Founded in 2000 by a group of the world's leading industrial companies to provide visibility across the Global Process Industries whole supply chain, Elemica offers a suite. [more...]