Month: June 2020

American Homes 4 Rent Announces Independent Board Chairman

The Board of Trustees for American Homes 4 Rent has appointed Kenneth M. Woolley as independent chairman of the board. The appointment was effective May 7. Tamara Hughes Gustavson, former chairman of the board, will continue to serve as a board trustee. Woolley joined the company's board at its...

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PREIT Launches ‘Shop Local’ Website

PREIT has added Shop Local pages on all of its mall websites, an effort designed to support the ecommerce platforms of the small businesses in its portfolio.  The offerings are accessible not only to local audiences but also to the entire PREIT portfolio of consumers.  "Our local...

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PERMITS.com Launches FREE GovAccess Platform

Permits.com, a platform for property owners and contractors to apply for construction-related permits nationwide, has launched GovAccess. Contractors in 17,000 U.S. cities and towns can use the free platform to expedite permit requests and inspections online, allowing contractors to access...

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MRI Software Launches New Features for Real Estate Companies

MRI Software has introduced new and updated features for its residential, commercial and financials solutions. The changes are designed to better equip MRI’s clients to navigate the challenges of the COVID-19 crisis. The enhancements will allow owners and operators of residential and commercial...

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Eastern Union Secures $15.5 Million in Acquisition Financing

Eastern Union, a commercial real estate finance firm, has arranged $15.5 million in financing toward construction of a ground-up, 1,115-unit self-storage facility in Perth Amboy, New Jersey. The loan, which covers costs associated with both land acquisition and construction of a...

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Foreclosure Buyers Moving Online in Wake of COVID-19 Crisis

Foreclosure Buyers Moving Online in Wake of COVID-19 Crisis

COVID-10’s impact on real estate investing Auction.com’s recently released second quarter 2020 Foreclosure Buyer Insights report focuses on buyer outlook, sentiment and acquisition strategies in light of the COVID-19 pandemic and ensuing market turmoil. The data in the report comes from two...

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Should I Allow Pets in My Rental Properties?

Should I Allow Pets in My Rental Properties?

Pet-friendly rentals can mean more revenue, a larger pool of tenants and longer leases. Making the decision to invest in residential real estate is an excellent step in the right direction toward building wealth. While this is a wise choice, there are many things to consider to get the best return...

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Do Your Homework on Coinsurance

Do Your Homework on Coinsurance

Coinsurance can be costly if you don’t understand the penalties. You’re a savvy investor. You make sound, confident decisions about the properties you’ve added to your portfolio. And your strategy has been successful. Yet even the most successful real estate investors can be snagged by the...

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REI June Cover

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