Sesa Properties Pledges to Donate Meals for Houses Sold

Sesa Properties LLP, a Brunswick, Ohio-based real estate investment company that buys houses for cash in Greater Cleveland has pledged to donate 200 meals to the Greater Cleveland Food Bank for every property they sell.         “One of the major goals of Sesa Properties from the start has been to improve the communities of Greater Cleveland,” said Daniel Sarao, co-owner and managing partner. “Individuals in the local community are struggling and

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Waste Metering Debuts in Multifamily Housing Market

RealPage has partnered with Compology to develop the RealPage Waste Management Solution, which includes rugged dumpster cameras and artificial intelligence. It is a first for the multifamily real estate market. “Compology’s integration offering enables industry leaders, like RealPage, to flexibly and seamlessly integrate automated waste metering into their existing platforms,” said Ben Chehebar, chief product officer of Compology. “We’re excited for the positive results RealPage will deliver to the multifamily market,

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Civic Financial Services Surpasses $4 Billion in Loan Originations

Private money lender Civic Financial Services has surpassed $4 billion in loan originations since the company was founded six years ago. This is the third major milestone the company has reached in the last three years. It surpassed $3 billion in lifetime funding in October 2019. In June 2018, the company announced it had securitized $190 million in investor property loans. At the time of the announcement, it was the

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Limestone Asset Management Purchases Marquee Sarasota Retail

Miami-based Limestone Asset Management, via a joint venture with Orion Real Estate Group, has closed on two high-end retail properties in Florida for $15.5 million at St. Armands Circle, one of Florida’s most iconic shopping and dining destinations. It is also Sarasota’s No. 1 tourist destination. Limestone Asset Management invests in and acquires real estate properties across all asset classes throughout North America. Ocean Bank, the largest independent state chartered

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Q&A With Kendra Rommel of CIVIC Financial Services

How would you describe current economic and real estate market conditions? Everyone is comparing the current financial and real estate situation to the mortgage meltdown of 2008. But today’s conditions are completely different. Yes, we may be facing an economic downturn, but previous downturns stemmed from a loss or depreciation of assets, while this market shift was sparked by a nationwide health crisis and resulting job losses. This market uncertainty

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Archrock Services to Auction Surplus Properties

Auction firm Williams & Williams is set to auction several surplus real estate properties for energy midstream company Archrock Services on Sept. 29. Listings include warehouse, office space and land parcels. Additionally, the vacant residence in New Castle, Pennsylvania, will sell in an online-only auction at AuctionNetwork.com on Sept. 28-30. These auctions are being offered in conjunction with commercial broker JLL. The commercial properties include three land lots and two light industrial

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