2020 – Page 22

LandSearch Launches Real Estate Platform With Over 400,000 Properties

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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 thousands of real estate agents. Users can post an unlimited number of properties for sale and create seller profiles at no charge. Agent, lender and service provider directories

Fairstead Announces $29.5 Million Acquisition

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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 financed through the issuance of federal low-income housing tax credits and tax-exempt bonds from the Housing Finance Authority of Broward County, Florida. Fairstead is a vertically integrated real

The REI Referral Network: Connecting in Quarantine

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The real estate investment world has come to a screeching halt since COVID-19 hit the U.S. Although many people are refinancing their homes, most banks have slowed or halted their new home purchase originations all together. Suzanne Andresen, the chief revenue officer at REI INK Magazine and one of the founders of the new REI Referral Network, says that this current crisis will create more opportunities for investors once we

American Homes 4 Rent Announces Independent Board Chairman

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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 inception in 2012. He is the founder andformer CEO of Extra Space Storage, Inc., a self-storage real estate investment trust, where

PREIT Launches ‘Shop Local’ Website

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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 businesses are among the enterprises hardest hit by this pandemic. Without robust digital marketing budgets, they are at a disadvantage to their national

PERMITS.com Launches FREE GovAccess Platform

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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 critical information and approvals they need for building in the face of COVID-19 and beyond. Due to the pandemic, building departments have closed or have restrictions on how they support