2020 – Page 14

Single Family Rentals Have Come Into Their Own

by Tim Reilly
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What opportunities lie ahead? For the real estate market, the pandemic has revealed underlying weaknesses in some otherwise dependable investments and surprising strength in others. The single-family rental (SFR) market, in particular, has proven to be exceptionally resilient. Cautious Optimism in April As the COVID-19 crisis dawned, industry participants were cautiously optimistic during their first quarter earnings calls. Rent collections in March were better than many had expected, with April

Toorak Capital Expands Asset Management Team

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Toorak Capital Partners has hired Kevin Tatro as head of asset management and reporting and Stephen J. Tyde Jr. as head of special servicing. Tatro brings more than 30 years of experience in asset management and commercial real estate debt to Toorak. Most recently he served as principal and head of asset management at Woodbridge Investments. He’s also held leadership positions atMacquarie Group, Doral Group,Landesbank Baden-Württemberg and J.P. Morgan Investment

Partnership Creates Land Marketplace Platform

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National Land Realty (NLR) and LandGate (LG) have announced a strategic partnership to expand services, data intelligence and marketing capabilities within the land industry. The combination of LandGate’s data intelligence and NLR’s network of agents will create a major marketplace for all land transactions, with the largest number of listings from farmers, ranchers and landowners. The platform will provide an estimated value for every parcel of land, including multiple resource

Mr. Cooper Transitions Portfolio to CoreLogic

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One of the country’s largest mortgage service providers, Mr. Cooper, has transitioned itsportfolio to CoreLogic’s DigitalTax Platform. The move is designed to provide Mr. Cooper’s customers with best-in-class digital, data-driven solutions. “Mr. Cooper is known for its innovation and operational excellence, and we are honored to have been selected as the company’s partner,” said Frank Martell, president and CEO of CoreLogic. “Our goal is to help Mr. Cooper streamline critical

Boutique Real Estate Brokerages Join Forces

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RLAH Real Estate has joined with Tower Hill Realty to allow growth “in ways that neither of us could have done alone,” said Patrick Kilner of Tower Hill. Kilner will be taking on the role of director of education. Tower Hill Realty is led by very special people,” said RLAH’s CEO Jason Sherman, referencing Kilner, Tamara Kucik and John Kirk. Combined RLAH will now hold Top 5 market share within

DSH Hotel Advisors Wins CRE Deal-Making Competition

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The CoStar Group has announced the Power Brokers Quarterly Deals winners for the second quarter of 2020. Dennis Hopper, the managing principal of DSH Hotel Advisors, came out on top of the list of winners in the hotel sector within a defined market. Power Brokers Quarterly Deals’ winners are determined by their top deals in specific major markets each quarter, based on sales price and square footage. Hopper said, “COVID-19