REI INK

News Updates

Second Avenue Names New COO, Strategic Advisors

  • by
  • Comment Off
  • 418 views

 Innovative Single-Family Rental (SFR) Investment Platform Brings in Trio of Industry Veterans Second Avenue Group (‘Second Avenue’), a full-service, institutional quality single-family rental platform (“SFR”), announced that three visionary SFR industry executives have joined the company in various senior-level roles. Ray Barrows, who boasts more than 25 years of experience in housing operations, acquisitions and development, joins Second Avenue as the firm’s new COO. In addition, Bruce Strohm and Fred Tuomi – two iconic

Read More

WORD OF THE DAY: Snuggery

  • by
  • Comment Off
  • 1,373 views

[snə-ɡə-ree] Part of speech: Noun Origin: British English, early 19th century Definitions: A cozy or comfortable place, especially someone’s private room or den; another term for snug, a small, comfortable public room in a pub or inn. Examples of Snuggery in a sentence “The hidden snuggery behind the kitchen is my favorite room in the house.” “The extra room was supposed to be an office, but it turned into a reading snuggery.” About Snuggery A

Read More

Home Sales, Seller Profits Dip Across U.S. in First Quarter of 2022 As Price Increases Slow

  • by
  • Comment Off
  • 495 views

Returns Drop for First Time in Over Two Years and Decline at Fastest Pace in 10 Years; Median U.S. Home Price Up Just 2 Percent Quarterly, to New High of $320,500 ATTOM, a leading curator of real estate data nationwide for land and property data, released its first-quarter 2022 U.S. Home Sales Report, which shows that profit margins on median-priced single-family home sales across the United States dipped to 47.2 percent – the

Read More

WORD OF THE DAY: Myopic

  • by
  • Comment Off
  • 825 views

[mī-ˈō-pik] Part of speech: Adjective Definition: Without foresight or imagination; nearsighted Examples of Myopic in a sentence “She tends to take a myopic view of the future, losing sight of the big picture.” “His myopic eyesight left him unable to even read the street signs, let alone obey them.” About Myopic The difference between people who are myopic and farsighted has been known since the time of Aristotle. But it was Johannes Kepler in

Read More

PRIVATE LENDING VETERANS LAUNCH MORTGAGE FUND

  • by
  • Comment Off
  • 665 views

Futures Financial (“Futures”), a nationwide real estate private money lender headquartered in Tustin, California, announced its launch led by industry veterans, Kendra Rommel and David Rosenberg, to focus on creating new lending products for real estate investors, brokers, and developers. Backed by a leading wealth management fund with over $650 million in Assets Under Management (“AUM”), Co-founders Rommel and Rosenberg head up the company to deliver concierge-based, quick-to-close solutions for Bridge, Ground-up Construction, and Long-Term mortgage

Read More

WORD OF THE DAY: Esoteric

  • by
  • Comment Off
  • 748 views

[e-sə-ˈter-ik] Part of speech: Adjective Definitions: Understood by or meant for only a select few with special knowledge; belonging to a select few; private; confidential Examples of Esoteric in a sentence “I’d hoped the seminar would attract more viewers, but the information was too esoteric for wide appeal.” “Don’t fill your presentation with esoteric details—stick to the big picture.” About Esoteric Esoteric was originally applied to information kept within a certain inner circle, somewhat

Read More