REI INK

ARIXA CAPITAL ANNOUNCES STRATEGIC JOINT VENTURE WITH OAKTREE

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Arixa Capital Advisors, LLC (“Arixa Capital” or “Arixa”) announced the launch of a $100M strategic joint venture, with the ability to upsize in the future, with funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to originate senior secured loans backed by residential and commercial real estate. Arixa Capital is a leading private real estate lender and investment manager, operating throughout the Western United States. The firm has established a successful track record of

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Realtor.com® 2023 Hottest ZIP Codes in America Reveal Demand for Closer Commutes is Back

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Affordability isn’t the only priority for U.S. homebuyers, according to Realtor.com®‘s ninth annual Hottest ZIP Codes report; Proximity to cities is key as many companies call workers back to the office For the first time in five years, the suburbs of five major metropolitan areas – Boston, New York, Chicago, Detroit and St. Louis – are represented on the annual Realtor.com® Hottest ZIP Codes Report, marking a renewed interest in commutable homes as much of the country’s workforce returns

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DEFAULT SERVICING INDUSTRY LEADERS EXPECT SLIGHT INCREASE IN FORECLOSURE VOLUME AND FALLING HOME PRICES TO END 2023

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Auction.com, the nation’s leading distressed real estate marketplace, released its 2023 Seller Insights report, which shows that 92 percent of default servicing industry leaders expect completed foreclosure auction volume to increase in 2023 compared to 2022 while 85 percent expect home prices to decline in 2023 compared to 2022. The report is based on a June 2023 survey of more than 50 leaders in the default mortgage servicing industry at

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ZOMBIE FORECLOSURES HOLD STEADY DURING THIRD QUARTER

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Count of Vacant Homes in Foreclosure Increases for Sixth Straight Quarter; Zombie Properties Increase as Foreclosure Activity Keeps Growing; But Portion of Homes Nationwide That are Empty in Foreclosure Remains Just One in 11,600 ATTOM, a leading curator of land, property, and real estate data, released its third-quarter 2023 Vacant Property and Zombie Foreclosure Report showing that 1.3 million (1,277,612) residential properties in the United States are vacant. That figure represents

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Student Housing Preleasing Nears Record High

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Insights on sector performance now being delivered monthly for investors and owners The student housing sector continues to outperform as the Fall 2023 school year approaches, according to the August National Student Housing Report from Yardi® Matrix. Reports on national student housing performance, with insight on preleasing and rental rates, are now being delivered on a monthly basis. As of July, 90.1 percent of beds at Yardi 200 universities were preleased for

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OPPORTUNITY ZONE HOUSING MARKETS REBOUND IN Q2 2023 ALONG WITH REST OF NATION

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Median Home Values Increase After Period of Decline in Majority of Opportunity Zones Targeted for Economic Redevelopment Around U.S. ATTOM, a leading curator of land, property, and real estate data, released its second-quarter 2023 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017. In this report, ATTOM looked at 3,909 zones around the United States with sufficient data to analyze, meaning they

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