Hunt Real Estate Capital Provides $6.4 Million Fannie Mae DUS® Loan to Refinance Multifamily Property in Glen Burnie, Maryland

 Hunt Real Estate Capital, a division of ORIX Real Estate Capital, announced it has provided a Fannie Mae conventional multifamily loan in the amount of $6.4 million to refinance a property located in Glen Burnie, Maryland, a suburban community near the Baltimore–Towson metropolitan area. Glen Burnie Town Apartments is a 54-unit, four-story property that was built in 2000 and acquired by … Continue reading Hunt Real Estate Capital Provides $6.4 Million Fannie Mae DUS® Loan to Refinance Multifamily Property in Glen Burnie, Maryland Continue Reading

More Than 27% of Homebuyers Are Searching Out of Town, With Phoenix, Sacramento and Las Vegas the Most Popular Destinations

A record 27.4% of Redfin.com users looked to move to another metro area in the second quarter of 2020, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That’s up from 25.2% in the second quarter of 2019 and 26.0% in the first quarter of this year. “The factors driving a surge in overall … Continue reading More Than 27% of Homebuyers Are Searching Out of Town, With Phoenix, Sacramento and Las Vegas the Most Popular Destinations Continue Reading

Curaleaf Completes the Acquisition of Grassroots Creating the World’s Largest Cannabis Company

Curaleaf Holdings, Inc. , the largest vertically integrated cannabis operator in the United States, today announced that it closed its milestone acquisition of GR Companies, Inc. (“Grassroots”), the largest private vertically-integrated multi-state operator in the United States, on July 23, 2020. With completion of the acquisition of Grassroots, Curaleaf is the world’s largest cannabis company by revenue and the most … Continue reading Curaleaf Completes the Acquisition of Grassroots Creating the World’s Largest Cannabis Company Continue Reading

Tower 16 Capital Partners Hires Joe Anfuso as Asset Manager of $250 Million Portfolio of Multifamily Properties

Encinitas-based Tower 16 Capital Partners announced it has hired Joe Anfuso, a 15-year veteran in the real estate investment industry, as an asset manager to oversee its multifamily assets throughout the Southwest region.   Joe Anfuso – Tower 16 Capital Partners   Tower 16 currently owns and manages a portfolio of seven properties representing nearly 2,000 apartment units. … Continue reading Tower 16 Capital Partners Hires Joe Anfuso as Asset Manager of $250 Million Portfolio of Multifamily Properties Continue Reading

Realogy Affiliated Agents Lead Asian Real Estate Association of America’s 2020 A-List

Realogy-affiliated agents have achieved another strong showing on the latest AREAA A-list, the Asian Real Estate Association of America’s annual list of the top producing agents and teams among its over 17,000 members that serve Asian American communities. Featuring more agents than any other company on the list, Realogy represents 20% of the Individuals by Sides … Continue reading Realogy Affiliated Agents Lead Asian Real Estate Association of America’s 2020 A-List Continue Reading

Naples’ Luxury Real Estate Market is Hot, and Local Tim Savage Tops Sales Despite Challenges of Pandemic

Timothy P. (Tim) Savage, P.A., principal of Gulf Coast International Properties® (GCIP) took the top spot in Naples luxury real estate sales for the first half of 2020. Savage’s total sales revenue of $94,954,200 included more than $65 million in listings sold and over $29 million in additional sales, according to NABOR and MLS statistics. Adding to Savage’s sales, GCIP’s team of just 30 … Continue reading Naples’ Luxury Real Estate Market is Hot, and Local Tim Savage Tops Sales Despite Challenges of Pandemic Continue Reading

First Industrial Realty Trust Reports Second Quarter 2020 Results

First Industrial Realty Trust, Inc., a leading fully integrated owner, operator and developer of industrial real estate, today announced results for the second quarter of 2020. Diluted net income available to common stockholders per share (EPS) was $0.28 compared to $0.31 a year ago. First Industrial’s second quarter FFO was $0.46 per share/unit on a diluted basis, compared to $0.43 per share/unit a … Continue reading First Industrial Realty Trust Reports Second Quarter 2020 Results Continue Reading

Gardner Capital Completes Upscale Senior Living Community in Sugar Land

 Gardner Capital, a family-owned private equity firm specializing in multifamily housing and renewable energy development and investment, recently completed an upscale senior living community in the heart of Sugar Land. With 93 brand-new units, Gala at Four Corners was designed for active seniors ages 55 and up. Gardner Capital developed Provision at Gala at Four Corners with the … Continue reading Gardner Capital Completes Upscale Senior Living Community in Sugar Land Continue Reading

U.S. Home Seller Profits Rise To 36 Percent In Second Quarter Of 2020

ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its second-quarter 2020 U.S. Home Sales Report, which shows that home sellers nationwide realized a gain of $75,971 on the typical sale, up from the $66,500 in the first quarter of 2020 and from $65,250 in the second quarter of last year. … Continue reading U.S. Home Seller Profits Rise To 36 Percent In Second Quarter Of 2020 Continue Reading

Lone Wolf and Adwerx join forces to provide simple access to digital ads for real estate

 Lone Wolf Technologies (“Lone Wolf”) is pleased to announce that Adwerx has joined Marketplace, Lone Wolf’s selection of curated tech partnerships for its transaction management solutions, Transactions (zipForm Edition) and Transactions (TransactionDesk Edition). This new offering will bring targeted ad programs for real estate brokers and agents into Transactions (zipForm Edition), the national transaction management … Continue reading Lone Wolf and Adwerx join forces to provide simple access to digital ads for real estate Continue Reading