GI Partners, a leading private investment firm, announced that it has acquired Valet Living, the largest nationally recognized, full-service amenities provider to the multifamily housing industry. GI Partners acquired Valet Living from a fund managed by the Private Equity Group of Ares Management...
Month: November 2020
Fintech Company Obligo Raises $15.5M in Series A to Roll Out New Standard for Deposit-Free Renting
Fintech company Obligo announced a $15.5 million Series A funding round from investors including 83North, 10D, Entrée Capital, Viola Credit, and other strategic real estate investors. The funding will enable Obligo to roll out its deposit-free technology to millions of homes across the U.S....
American Homes 4 Rent Honors Veterans Day, Waives Application Fee for Military Families
American Homes 4 Rent, a leading provider of high-quality single-family homes for rent, announced that in honor of Veterans Day the company is waiving application fees for military families through the end of 2020. "We thank our current and former service members on Veterans Day and every day for...
Applied Business Software Completes Private Equity Transaction with Lometa Capital Partners
Applied Business Software, Inc. (“ABS”), the leading provider of loan servicing software to the private lending industry, announced the closing of a strategic growth investment from Lometa Capital Partners (“Lometa”). Lometa’s investment, made alongside a significant investment from...

Macon, Georgia
Despite COVID-19, the “Heart of Georgia” Market is Holding Strong. by Carole VanSickle Ellis Macon, Georgia, sits squarely in the geographic center of the state, a location that earned the city its nickname, “The Heart of Georgia.” And while the Georgia’s “heart” may have been historically...

Want to Succeed with Real Estate Investments in Today’s Climate?
Control your access to capital. by Don Wenner Uncertainty haunts the real estate market today. According to Redfin data, the median home sale price jumped 13% from September 2019 to September 2020. However, investors remain concerned that the economic damage caused by the COVID-19 pandemic will...

NORTHEASTERN HOUSING MARKETS REMAIN MOST AT RISK OF ECONOMIC IMPACT FROM CORONAVIRUS PANDEMIC
ATTOM Data Solutions released its third-quarter 2020 Special Report spotlighting county-level housing markets around the United States that are vulnerable to the impact of the Coronavirus pandemic. The report shows that pockets of the Northeast and Mid-Atlantic regions were most at risk in the...

Reclaimed Wood—In or Out?
by Nicole Stilley A lot of sources will tell you, the trend of using reclaimed wood is on its way OUT and has been for a while. As someone who is actively “house hunting” in extreme North Georgia, I have seen reclaimed or repurposed wood being used for a slew of different things. And I really love...

Ted Studdard
Business to Business Operations Manager | The Home Depot Renovations Services Team Thirty-six hours after graduating from high school, Ted Studdard was on his way to boot camp at the Marine Corps Recruit Depot at Parris Island, South Carolina. Little did he know that he was starting a journey that...