Wire Real Estate

First Quarter 2020 Results Net Income Attributable to Common Stockholders of $0.60 Per Share for First Quarter 2020 Compared to $0.62 Per Share for First Quarter 2019 (First Quarter 2019 Included Gains on Sales of Real Estate Investments of $2.3 Million, or $0.06 Per Share; There Were No Sales in First Quarter 2020) Funds from Operations of $1.31 Per Share for First Quarter 2020 Compared to $1.20 Per Share for First Quarter 2019, an Increase of … Continue reading EastGroup Properties Announces First Quarter 2020 Results Continue Reading →

In these uncertain times, the Annual Economic Outlook is an important event to attend. One of the longest running, most in-demand forecast events in the Valley, the Annual Economic Outlook will be offered exclusively online for the first time, presented by the Economic Club of Phoenix (ECP) on Tuesday, May 5, from noon to 1:30 p.m. Top experts from Arizona State … Continue reading 2020 Economic Outlook Webinar Hosted by the W. P. Carey School of Business at Arizona State University Continue Reading →

Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) (“Southern National” or the “Company”), and its wholly-owned subsidiary Sonabank (the “Bank”), today announced net income of $27 thousand for the quarter ended March 31, 2020, compared to $6.0 million for the quarter ended March 31, 2019.  Earnings per share for the three months ended March 31, 2020 were $0.00 basic and diluted compared to $0.25 basic and diluted for the … Continue reading Southern National Bancorp of Virginia, Inc. announces earnings of $27 thousand for the quarter ended March 31, 2020 Continue Reading →

Blackstone Mortgage Trust, Inc.  today reported its first quarter 2020 results. Stephen D. Plavin, Chief Executive Officer, said, “BXMT’s first quarter results highlight the strength and stability of our business amid the onset of this unprecedented crisis. Our pure-play focus on low leverage senior loans backed by high-quality properties in major markets has been rewarded … Continue reading Blackstone Mortgage Trust Reports First Quarter 2020 Results Continue Reading →

Goulston & Storrs, an Am Law 200 firm, has received top rankings in the 2020 edition of Chambers USA in nine of its practice areas – Banking & Finance, Bankruptcy/Restructuring, Environment, Labor & Employment, Leisure & Hospitality, Litigation: General Commercial, Real Estate, and Retail. Chambers also ranked 28 Goulston & Storrs attorneys among the top U.S. attorneys in their respective fields either nationally or regionally. National rankings include: Retail … Continue reading Goulston & Storrs Receives Top Chambers USA 2020 Rankings for Nine Practice Areas; Retail and Leisure & Hospitality Practices Recognized Nationally Continue Reading →

The national COVID-19 Resident Sentiment Report released today by Grace Hill reveals that many more renters are unsure about their ability to pay May rent as the economic impact of COVID-19 is fully felt. But, property management has the ability to impact this through service and effective communications. “In partnership with Apartments.com, Grace Hill’s Kingsley team analyzed survey responses from more than … Continue reading Rent Payment and Resident Sentiment Data for May Reveals a Window of Opportunity for Multifamily Housing Property Managers Continue Reading →

Renters can now search, find, apply for and lease a home digitally, all from the safety and comfort of their home and all through Zillow Rentals. Zillow’s new lease upload and online signing tools are now available nationwide on Zillow Rental Manager. It allows landlords to quickly upload an existing lease form and send it to … Continue reading Zillow Launches New Technology to Help Renters Move During COVID-19 Continue Reading →

Newmark Group, Inc. announced certain pay reductions due to the impact of the SARS-CoV-2 pandemic (“COVID-19”). In response to the continuing macroeconomic impact of the pandemic, Newmark’s executive officers have volunteered to reduce their base salaries. Chairman Howard W. Lutnick and Chief Executive Officer Barry M. Gosin will each reduce his annual base salary by 50%, while Chief Financial … Continue reading Newmark Executives to Reduce Pay Continue Reading →

Capital Square 1031, a leading sponsor of Delaware statutory trust offerings, announced today the launch of CS1031 Abbington Place Apartments, DST. The Regulation D private placement is comprised of Abbington Place Apartments, a Class B+, 360-unit multifamily community located in Greensboro, within the Piedmont Triad region of North Carolina. “Abbington Place is an exceptional investment property for Capital Square’s … Continue reading Capital Square 1031 Launches DST Offering of 360-Unit Multifamily Community in North Carolina Continue Reading →

Home ASAP LLC, a marketing technology company known for providing cost-effective, Facebook-centric solutions to real estate agents and brokers across the United States, has seen dramatic decreases in Facebook advertising costs and marked increases in audience reach on the social media platform amidst the novel Coronavirus pandemic lockdown. Home ASAP’s premier agent marketing solution, TurnKey Suite, … Continue reading Home ASAP Sees Advertising Costs Plummet on Facebook; Agents Benefit from Increased Reach for their Target Audience Continue Reading →