Wire Real Estate

McGuire Real Estate, a residential real estate brokerage founded in San Francisco in 1919, announced today that it is joining the Sotheby’s International Realty® network. Sotheby’s International Realty, Inc. has acquired the assets of the firm’s San Francisco offices in the Marina and Noe Valley and will operate under the leadership of Executive Vice President Jeffrey Gibson. Golden Gate Sotheby’s … Continue reading Century-Old San Francisco Bay Area Firm McGuire Real Estate Joins Sotheby’s International Realty Network Continue Reading →

Exantas Capital Corp. announced that it will release its second quarter 2020 operating results on Wednesday, August 5, 2020, after the market closes, and it invites investors and other interested parties to listen to its live conference call via telephone or webcast on Thursday, August 6, 2020, at 8:30 a.m. Eastern Time. The conference call can be accessed by … Continue reading Exantas Capital Corp. to Report Operating Results for Second Quarter 2020 Continue Reading →

Neuberger Berman Real Estate Securities Income Fund Inc. has announced a distribution declaration of $0.04 per share of common stock. The distribution announced today is payable on August 31, 2020, has a record date of August 17, 2020 and has an ex-date of August 14, 2020. Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, … Continue reading Neuberger Berman Real Estate Securities Income Fund Announces Monthly Distribution. Continue Reading →

Mack-Cali Realty Corporation reported its results for the second quarter 2020. SECOND QUARTER 2020 HIGHLIGHTS Reported net income (loss) of $(0.41) per diluted share for the second quarter 2020, as compared to $(0.43) per diluted share for the second quarter 2019; and net income (loss) of $(0.88) per diluted share for the six months ended June 30, 2020, as compared to $2.24 per diluted share … Continue reading Mack-Cali Realty Corporation Reports Second Quarter 2020 Results Continue Reading →

Exantas Capital Corp. announced that ACRES Capital Corp. through its subsidiary, ACRES Capital, LLC (collectively, “ACRES“), has acquired the Company’s Management Agreement from an affiliate of C-III Capital Partners (“C-III“).  In addition, the Company has entered into separate definitive agreements with Massachusetts Mutual Life Insurance Company (“MassMutual“) and a fund managed by Oaktree Capital Management, L.P. … Continue reading Exantas Capital Corp. Announces Acquisition of Management Contract from C-III Capital Partners by ACRES Capital Corp. and $375 Million Financing from MassMutual and Oaktree Capital Management Continue Reading →

BSR Real Estate Investment Trust announced that it has acquired Broadstone Park West (“Broadstone” or the “Property”), a 370 suite, garden style residential community in Houston, Texas for US$51 million from Starlight Investments. The transaction was financed through a combination of a draw on the REIT’s credit facility of approximately US$40.0 million and the issuance of approximately US$10.4 million of trust units of … Continue reading BSR Acquires Broadstone Park West in Houston Market for US$51 Million Continue Reading →

Homes shifting from for-sale to pending, a leading indicator of completed sales, are 16.1% higher than last year, Zillow’s Weekly Market Reporti shows. New listings are not keeping pace with buyer demand, causing homes to typically sell after only two weeks on the market — a record pace in Zillow data that dates back to the start … Continue reading Pace of Home Sales Trending Well Ahead of Last Year Continue Reading →

 Wood Residential Services, a national leader in multi-family real estate management, was recently named #1 in Division 3 of the Online Reputation Assessment Power Rankings by J. Turner Research. The scores are a result of star ratings from residents, prospective renters, and other reviewers. Division 3 applies to companies managing between 10,000-19,999 units.   Wood … Continue reading Wood Residential Services Earns #1 Spot in J. Turner Research Power Rankings Continue Reading →

 Genworth Financial, Inc. announced that Kelly L. Groh has decided to leave Genworth, and will resign as executive vice president and chief financial officer (CFO) upon completion of the company’s second quarter financial close process and related Form 10-Q filing, which is expected to occur in early August.  Following her resignation, Dan Sheehan, Genworth executive vice president and … Continue reading Genworth Announces Leadership Changes Continue Reading →

 Luxury wine producer, WALT Wines, has announced plans to host its annual Bob’s Ranch Release Party in a virtual “Home Edition” format this year, in response to the coronavirus pandemic affecting in person events nationwide. The Release Party: Home Edition aims to celebrate the release of WALT’s flagship wine, Bob’s Ranch Pinot Noir, sourced from Sonoma County, … Continue reading WALT Wines To Host Bob’s Ranch Release Party “Home Edition” On Friday, August 7 Continue Reading →