Ohio-Based Key Realty Deploys SafeWire to Protect Against Real Estate Wire Fraud

SafeWire, the industry leader in wire fraud prevention software, announced today that Key Realty, with over 1,100 agents and operations throughout Ohio and Michigan, has selected SafeWire to assure every real estate transaction is protected against wire fraud from the listing to the closing. Sellers who work with Key Realty can be protected from day one of the real … Continue reading Ohio-Based Key Realty Deploys SafeWire to Protect Against Real Estate Wire Fraud Continue Reading

Taurus And Northbridge Form Strategic Partnership Acquires 507-Unit Senior Housing Portfolio

A joint venture led by Taurus Investment Holdings, LLC (“Taurus”) and Northbridge Companies (“Northbridge) announced the acquisition of 6 Class-A senior housing properties located in key suburban Boston submarkets for approximately $200 million. The 507-unit portfolio consists of Assisted Living (AL), and Memory Care (MC) and is operated by Northbridge, a developer, owner, operator and asset manager of senior … Continue reading Taurus And Northbridge Form Strategic Partnership Acquires 507-Unit Senior Housing Portfolio Continue Reading

New Jersey Real Estate Private Equity Firm Launches Lucern Philadelphia Value Fund I

 Lucern Capital Partners (“LCP”), a real estate private equity firm based out of New Jersey, announces the launch of Lucern Philadelphia Value Fund I, L.P. (“LPVF I”), a real estate investment fund focused on multifamily and mixed-use investments in the Philadelphia MSA. LPVF I is targeting a minimum equity capital commitment of $25 million, with a targeted … Continue reading New Jersey Real Estate Private Equity Firm Launches Lucern Philadelphia Value Fund I Continue Reading

Starwood Property Trust Announces Date for Third Quarter 2020 Earnings Release and Conference Call

 Starwood Property Trust announced that the Company will release its third quarter 2020 financial results on Thursday, November 5, 2020 before the opening of trading on the New York Stock Exchange. A conference call will be held on Thursday, November 5, 2020 at 10:00 a.m. Eastern Time. During the conference call, the Company’s officers will review third quarter performance, discuss recent … Continue reading Starwood Property Trust Announces Date for Third Quarter 2020 Earnings Release and Conference Call Continue Reading

Global Net Lease Announces Third Quarter Rent Collection Success And Closing Of Three Properties In European Sale Leaseback

Global Net Lease, Inc. announced today that 97% of the original cash rent due for the third quarter of 2020 has been received as of October 2, 2020, including 99% of the original cash rent due from the Company’s assets in the United Kingdom and 99% of the original cash rent due from the Company’s assets in the … Continue reading Global Net Lease Announces Third Quarter Rent Collection Success And Closing Of Three Properties In European Sale Leaseback Continue Reading

U.S. Home Prices Up 15%, Largest Growth Since at Least 2005

The median home sale price increased 15% year over year to $320,625—the highest on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The largest increase ever recorded in the Case-Shiller national home price index (which goes back through 1988) was 14.5% in September 2005. Below are other key housing market takeaways for 434 … Continue reading U.S. Home Prices Up 15%, Largest Growth Since at Least 2005 Continue Reading

New Division Provides Culturally-Specific Content For Latino Homebuyers

The New Home Experts Las Vegas has launched a new division dedicated to serve Latino homebuyers in the new construction market, featuring meaningful and relevant content about the home buying process.  A new website, CasasNuevasLV.com, social media and video content will be created and tailored specifically for the Latino community rather than simply translating existing content … Continue reading New Division Provides Culturally-Specific Content For Latino Homebuyers Continue Reading

South Jersey Real Estate Investment Firm Closes on Cash Out Refinance Amidst Pandemic

 Darwin Capital Management Group of South Jersey has closed on the refinance of a significant portion of its real estate holdings, all of which are rental properties located in the Southern New Jersey submarket.  The closing of the refinance occurred on Wednesday September 30, 2020. A South Jersey Community Bank provided the financing in the form of a $3,000,000 first lien … Continue reading South Jersey Real Estate Investment Firm Closes on Cash Out Refinance Amidst Pandemic Continue Reading

6.5% More Americans Looked to Relocate to Red and Swing Counties than to Blue Counties in the Spring

 More people moved from blue (Democratic) to red (Republican) counties than from red to blue counties in the spring, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Specifically, 6.5% more people looked to move to red and swing counties than to blue counties in the second quarter. Meanwhile, 3.2% more people looked … Continue reading 6.5% More Americans Looked to Relocate to Red and Swing Counties than to Blue Counties in the Spring Continue Reading

Shopoff Realty Investments Promotes Brian Rupp to Executive Vice President, Real Estate

Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, announced today that Brian Rupp has been promoted to the role of executive vice president, real estate for the firm, and will now lead the company’s real estate team. Rupp was previously the interim head of real estate for the firm. “Brian has been … Continue reading Shopoff Realty Investments Promotes Brian Rupp to Executive Vice President, Real Estate Continue Reading