April 2020 – Page 3

The Economic Bubble is Hiding in Plain Sight

by Tom Olson
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Investors, beware and be aware—constriction is coming. We are so far into the longest economic expansion in the history of the U.S. that just about everyone—no matter how bullish on their particular market—is stuck in a waiting pattern. Currently, our economy, our country and, arguably, our housing market are all subject to an array of uncertainties, including: COVID-19 (the novel coronavirus that first appeared in Wuhan, China) and its impact

CBRE Group, Inc. Named Top Real Estate Brand in Lipsey Survey for 19th Consecutive Year

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CBRE Group has been named the top global brand in commercial real estate by The Lipsey Company. This is the 19th year in a row CBRE has achieved this recognition. CBRE’s development services subsidiary, Trammell Crow Company, was the top-ranked development company for the third consecutive year. Lipsey is a training and professional development firm specializing in commercial real estate. It has surveyed commercial real estate professionals on their perceptions

Title Insurance Giant First American to Buy Docutech

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First American Financial Coporation announced in mid-February that it has reached an agreement to purchase Docutech—a provider of document, eClose and fulfillment technology for the mortgage industry—for $350 million. Docutech’s management team, including President and CEO Amy Brandt, will continue to lead the company’s operations. The acquisition is expected to close by the end of March.

Blue Ocean Acquires Waterfront Multifamily Community

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Maryland-based real estate firm Blue Ocean has expanded its footprint into Howard County, Maryland, with its acquisition of The River Front Apartments in Savage, Maryland. The 144-unit, water-front and gated, residential community is located in Howard County, a few milesfrom downtown Columbia. The purchase of The River Front Apartments aligns with Blue Ocean’s long-term strategyto acquire real estate in Class A locations that provide tangible opportunities to create or add

Brett Meringoff Joins Fairstead

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Brett Meringoff, a prominent affordable and mixed-income housing developer has steppedin to help lead Fairstead’s expanding development business across the country. In his new role as senior vice president, he will be based in the firm’s Bethesda, Maryland, office. Fairstead is a fully-integrated real estate firm committed to affordable housing. Meringoff will work on ground-up developments and new acquisitions for both affordable and mixed-income projects across the country. Meringoff most

Hilltop Residential Expands into Florida and Georgia Markets

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Hilltop Residential, a Houston-based multifamily real estate investment company, has brought in Craig Marbach as executive vice president. Marbach will help lead the firm as it extends its portfolio into the Southeast, specifically the Georgia and Florida markets. Craig previously served as managing director at Venterra Realty Management, where he was responsible for acquiring 11,198 units through 40 deals in the Southeast during his 13-year tenure. Since launching in 2017,