News Updates

Largest Subsidized Rental Provider in Arizona Launches Raamp REIT for Investors

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Real estate development executive Michael Johnson has launched Raamp REIT (Real estate Asset Acquisition Management Portfolio). Raamp REIT is Arizona’s first exclusively multifamily, real estate crowdfunding platform and asset management company. Raamp REIT is structured as a real estate investment trust (REIT). It has a minimum investment of $2,500, and the fund is open to nearly all investors, including casual investors. By investing in the REIT, investors gain access to

ATTOM Launches Nationwide Building Permit Data Platform

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ATTOM Data Solutions has launched its Building Permit data solution containing more than 200 million residential and commercial building permits nationwide. ATTOM’s building permit data provides users with insight into the life of residential and commercial properties, allowing for predictive analytics and decision-making. The data is updated monthly and covers 94% of the nation’s top cities. “Building permits identify key events in a property’s history,” said Sean Mooney, vice president

Industry Veteran Tapped to Spearhead Hoffman’s New Market Services

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Land brokerage firm The Hoffman Company has hired Patrick Simons to lead the company’s expansion into the multifamily sector. Simons, a 25-year veteran in multifamily development, will join the firm as senior vice president and managing director of multifamily markets. “Although The Hoffman Company has occasionally assisted multifamily clients over the years, our core business has always been single-family lots for home-builders. We believe our firm has much to offer

Which U.S. Housing Markets Are Most Vulnerable to Coronavirus Impact?

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Nearly half of the 50 most vulnerable counties are in New Jersey and Florida. ATTOM Data Solutions released a special report on April 7 spotlighting U.S. housing markets at the county level to show which areas are more vulnerable to the impact of the coronavirus pandemic. According to the report, the Northeast region of the U.S. has the largest concentration of the most at-risk counties, with clusters in New Jersey

CBRE Group, Inc. Named Top Real Estate Brand in Lipsey Survey for 19th Consecutive Year

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CBRE Group has been named the top global brand in commercial real estate by The Lipsey Company. This is the 19th year in a row CBRE has achieved this recognition. CBRE’s development services subsidiary, Trammell Crow Company, was the top-ranked development company for the third consecutive year. Lipsey is a training and professional development firm specializing in commercial real estate. It has surveyed commercial real estate professionals on their perceptions

Title Insurance Giant First American to Buy Docutech

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First American Financial Coporation announced in mid-February that it has reached an agreement to purchase Docutech—a provider of document, eClose and fulfillment technology for the mortgage industry—for $350 million. Docutech’s management team, including President and CEO Amy Brandt, will continue to lead the company’s operations. The acquisition is expected to close by the end of March.