March 2022 – Page 5

WORD OF THE DAY: Otiose

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[ō-shē-ˌōs] Part of speech: Adjective Definitions: Having no real purpose; useless; pointless Examples of Otiose in a sentence “With the invention of the iPod, my CD collection has been rendered otiose.” “The shed was filled with otiose tools that should have been thrown away long ago.” About Otiose One of literature’s most otiose characters is Bartleby, from Herman Melville’s “Bartleby the Scrivener.” In this tale, Bartleby becomes so lazy that he won’t leave his

Archwest Capital Launches Single-Family Residential Bridge Financing

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Experienced direct lender returns to the market to help investors meet the need for housing Archwest Capital, a California-based direct lender specializing in real estate loan solutions, has added bridge financing for single-family residential investments to its diverse portfolio of lending products. Calling upon the leadership team’s experience partnering with the nation’s leading housing developers and financial institutions over the past 20 years, the founders launched Archwest Capital last year

Americans Say Yards Are One of the Most Important Parts of Their Homes

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More than three quarters of Americans who have a yard (76%) say the family yard space is one of the most important parts of their home, according to a new poll commissioned by the TurfMutt Foundation and conducted online by The Harris Poll. Nearly three quarters of Americans overall (72%) say a spacious yard would be at the top of their wish list if they were looking for a new

Affordable Properties at Auction

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An Urban Institute Report in Partnership with Auction.com by Jung Hyun Choi, Laurie Goodman and Liam Reynolds Distressed sales have declined significantly during the COVID-19 pandemic, reflecting the ease with which homeowners could access forbearance and the presence of the foreclosure moratorium (GAO 2021). This is about to change: the foreclosure moratorium expired in August 2021, and most homeowners remaining in forbearance are expected to exit by early 2022. Most

An Industry Icon

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How Numerous Shifts Finally Led to Career Fulfillment If you have been to a real estate investment conference in the past 15 years, chances are you have heard Dennis Cisterna on stage speaking about everything from the history of the housing market to the future of the economy and everything in between. He has been a leading voice in this industry since the Great Recession and his insights have made

Celebrating 12 Years

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How a Chance Meeting in a Hospital Changed Their Lives Forever While sitting in his office at a hospital in Massachusetts, Stephen Bowen, Nurse Practitioner, was paid a sales call by Michael Falotico, a partner in an oxygen medical supply company. The medical discussion soon turned to real estate, and six months later the two formed a partnership and began their journey to becoming successful real estate entrepreneurs. The Prelude