ATTOM Data Solutions released is first quarter 2019 U.S. Home Sales Report on April 25. Among its findings are a slight dip in U.S. average homeownership tenure and average sales price gains. “We are starting to see homes sales prices and profit margins softening for the nation, and the average...
News Updates
NES Financial Signs 20th Opportunity Zone Fund to Groundbreaking Administration Platform
N ES Financial has contracted to provide its 20th Opportunity Zone Fund client with its purpose-built Opportunity Zone Fund Administration Suite, which is designed to provide security, transparency and compliance to fund managers and investors. NES Financial’s innovative, technology-enabled...
Rent Manager Is FrontRunner or Residential Property Management Software
Software Advice has again named London Computer Systems’ product, Rent Manager® property management software, a FrontRunner for residential property management software. LCS develops business-critical software used in all 50 states and several global markets. “The property management technology...
SiteSeer Technologies Named Preferred Vendor of SVN Commercial Real Estate Brokerage Firm
SiteSeer Technologies, creator of SiteSeer Professional site selection software, has been named a preferred vendor of SVN International Corp. Founded in 1987, SVN is a globally recognized commercial real estate brand. SVN will use SiteSeer’s Void Analysis tool to identify retail demand gaps and...
Worley Acquires Alacrity
Worley Claims Services, which provides insurance claims services in North America, has acquired Alacrity Renovation Services from Lowe’s Companies, Inc. Financial terms of the transaction were not disclosed. Founded in 1999, Alacrity provides managed home, property restoration and commercial...
Bob Carroll Joins GSO
Investment firm Blackstone has added to the leadership team of its global credit platform, GSO Capital Partners (GSO). Bob Carroll has been hired as a managing director and head of distressed trading. He will oversee all trading activity related to GSO’s expansive public distressed efforts....
Housing Industry Responds to Calls for Housing Finance Reform
On March 27, President Trump signed a memorandum issuing “overdue reform of the housing finance system” and calling for an end of the conservatorship of Fannie Mae and Freddie Mac. The move was announced during the second day of Senate Banking Committee hearings on GSE reform. According to the...
PeerStreet Completes Software Integration with Liquid Logics
PeerStreet, a platform for investing in real-estate backed loans, has completed a system integration with Liquid Logics’ loan origination software platform. The move is in line with PeerStreet’s mission to build a stronger, more modern and more transparent marketplace for private lenders and...
Higher Contribution Limits for Self-Directed IRAs
The IRS has announced an increase in the amount of allowable contributions for Self-Directed IRAs for 2019. Traditional IRAs, including Self-Directed IRAs, saw increases from $5,500 in allowable contributions to $6,000 per year. The same was true for Roth IRAs, which includes Self-Directed Roth...