Despite our current tumultuous economy, opportunities in certain sectors of real estate are still promising. Recession-resilient real estate, including multifamily housing, is a proven asset to any portfolio. Historically, you can see evidence of the strengths in multifamily housing by looking at...
The economy is open, but that doesn’t mean we’re “back to normal.” Things have changed dramatically for real estate investors since the start of 2020. In January, real estate investors were still shaking hands with everyone at seminars, slapping each other’s backs at networking events and doing...
Have you considered the role your maintenance process plays? Of the various approaches to maximizing net operating income (NOI) for a rental property, improving resident satisfaction is often overlooked. This is largely because it feels like a qualitative measure when compared to other more...
With any luck, demand will heat up the housing market this summer. Spring is a home-buying season. However, the 2020 season had a false start. 2020 started with new and existing home sales at a 12-year high. In late February to early March, mortgage applications were up, and the market looked...
Black Knight, Inc. has launched Black Knight SCOUT, a remote property inspection mobile app. The cloud-based application streamlines the appraisal process by allowing homeowners to collect property details and photos and send them electronically to appraisers to perform due diligence and analysis...
CIG Capital, an alternative investment firm, has announced a $125 million lending project for The Villages at West Point, an upscale 624-unit destination-location development in West Point, Georgia. Despite the economic slowdown, CIG Capital is continuing to provide 100% funding for projects...
Commercial real estate firm Bedrock has announced “Bedrock Relaunch.” The program offers additional months of rent abatement to restaurant and retail tenants. The temporary lease amendments for eligible establishments will run through Dec. 31, 2020. Bedrock Relaunch is part of an ongoing effort to...
Property marketing startup LandSearch has launched an online real estate platform forbuying, selling and financing residential, commercial, agricultural and recreational land. The site promotes a growing inventory of more than 10 million acres of land for sale, along with representing tens of...
Fairstead has acquired the Federation Sunrise Apartments, a 123-unit Section 8 housing development for the elderly, in Sunrise, Florida, for $29.5 million. Fairstead is planning a multimillion dollar rehabilitation of the complex, including a full renovation of the apartments. The acquisition was...
