Commercial real estate firm Bedrock has announced “Bedrock Relaunch.” The program offers additional months of rent abatement to restaurant and retail tenants. The temporary lease amendments for eligible establishments will run through Dec. 31, 2020. Bedrock Relaunch is part of an ongoing effort to...
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...
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...
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...
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...
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...
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...
MRI Software has introduced new and updated features for its residential, commercial and financials solutions. The changes are designed to better equip MRI’s clients to navigate the challenges of the COVID-19 crisis. The enhancements will allow owners and operators of residential and commercial...
Eastern Union, a commercial real estate finance firm, has arranged $15.5 million in financing toward construction of a ground-up, 1,115-unit self-storage facility in Perth Amboy, New Jersey. The loan, which covers costs associated with both land acquisition and construction of a...
