Pennsylvania Only State to Still Shut Down Most Real Estate Transactions During Pandemic

Pennsylvania is the only state in the country that continues to shut down most in-person real estate activities for the vast majority of Pennsylvanians during the pandemic. Every other state in the country has recognized that real estate professionals provide a life-sustaining service and that housing is a vital part of people’s lives as well as … Continue reading Pennsylvania Only State to Still Shut Down Most Real Estate Transactions During Pandemic Continue Reading

American Finance Trust Announces First Quarter 2020 Results

American Finance Trust, Inc.  a real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented1 and traditional retail and distribution related commercial real estate properties in the U.S., announced today its financial and operating results for the first quarter ended March 31, 2020. First Quarter 2020 Highlights        Revenue increased 4% to $74.6 million as … Continue reading American Finance Trust Announces First Quarter 2020 Results Continue Reading

Iron Mountain Reports First Quarter 2020 Results

Iron Mountain Incorporated the storage and information management services company, announces financial and operating results for the first quarter of 2020. The conference call / webcast details, earnings call presentation and supplemental financial information, which includes definitions of certain capitalized terms used in this release, are available on Iron Mountain’s Investor Relations website. Reconciliations of … Continue reading Iron Mountain Reports First Quarter 2020 Results Continue Reading

Realogy Reports First Quarter 2020 Financial Results

 Realogy Holdings Corp. the largest full-service residential real estate services company in the United States, today reported financial results for the first quarter ended March 31, 2020. “The first quarter marked strong results delivery for Realogy with 8% transaction volume growth and a $35 million increase in Operating EBITDA,” said Ryan Schneider, Realogy’s chief executive officer and president. “In this COVID … Continue reading Realogy Reports First Quarter 2020 Financial Results Continue Reading

NexPoint Residential Trust, Inc. Reports First Quarter 2020 Results

NexPoint Residential Trust, Inc.  reported financial results for the first quarter ended March 31, 2020. Highlights NXRT1 reported Net Income, FFO2, Core FFO2 and AFFO2 of $28.0M, $12.4M, $13.6M and $15.3M, respectively, attributable to common stockholders for the quarter ended March 31, 2020, compared to Net Loss, FFO, Core FFO, and AFFO of $(4.4)M, $11.0M, $11.0M and $12.7M, respectively, attributable to common stockholders for the quarter ended March 31, 2019. For … Continue reading NexPoint Residential Trust, Inc. Reports First Quarter 2020 Results Continue Reading

Welltower Reports First Quarter 2020 Results

Welltower Inc.  today announced results for the quarter ended March 31, 2020. Recent Highlights Reported net income attributable to common stockholders of $0.75 per diluted share Reported normalized FFO attributable to common stockholders of $1.02 per diluted share Completed pro rata dispositions of $717 million at a blended yield of 5.4% Improved net debt to Adjusted EBITDA to 5.93x at March 31, 2020 from … Continue reading Welltower Reports First Quarter 2020 Results Continue Reading

VIP Realtors introduces innovative approach to real estate combining 3-D walkthroughs with real estate agents for 24/7 viewing from the comfort of home

VIP Realty is using technology at a higher level than ever before, combining two technologies – Nodalview, a 3D-Tour platform designed for Real Estate and Call Page to provide potential buyers with a live conversation and real-time home visit available 24 hours a day. The new virtual real estate tool, “Visit This House from your Couch™,” powered by … Continue reading VIP Realtors introduces innovative approach to real estate combining 3-D walkthroughs with real estate agents for 24/7 viewing from the comfort of home Continue Reading

Saul Centers, Inc. Reports First Quarter 2020 Earnings

Saul Centers, Inc.  an equity real estate investment trust (“REIT”), announced its operating results for the quarter ended March 31, 2020 (“2020 Quarter”).  Total revenue for the 2020 Quarter decreased to $56.9 million from $59.8 million for the quarter ended March 31, 2019 (“2019 Quarter”).  Net income decreased to $16.8 million for the 2020 Quarter from $17.1 million for the 2019 Quarter.  Net income decreased … Continue reading Saul Centers, Inc. Reports First Quarter 2020 Earnings Continue Reading

RE/MAX Holdings, Inc. Reports First Quarter 2020 Results

First Quarter 2020 Highlights(Compared to first quarter 2019 unless otherwise noted) Total agent count increased 5.0% to 131,816 agents (as previously disclosed) U.S. and Canada combined agent count increased 0.2% to 84,191 agents (as previously disclosed) Total open Motto Mortgage franchises increased 34.1% to 118 offices1 (as previously disclosed) Total Revenue of $70.3 million; Revenue excluding the Marketing Funds increased 0.7% … Continue reading RE/MAX Holdings, Inc. Reports First Quarter 2020 Results Continue Reading

Daniel Hodge, Founder of DCH Property Group, Aims to Build a £10M Real Estate Empire by Age 30

Daniel Hodge doesn’t believe in limits. He believes in setting the bar, clearing the bar, then raising it again. And to see his resume, one would have a hard time grasping that the man with the long list of accomplishments to his name is just 28. Most recently, Hodge is the founder of DCH Property Group, … Continue reading Daniel Hodge, Founder of DCH Property Group, Aims to Build a £10M Real Estate Empire by Age 30 Continue Reading