Home Sales Rise in May
May home sales ticked slightly higher year-over-year, ending a 9-month streak of declines, according to the RE/MAX National Housing Report. At the same time, inventory […]
Month: June 2019
Google to Invest $1 Billion in the San Francisco Bay Area Housing Market
In an effort to alleviate the acute housing shortage in the San Francisco Bay Area, internet-giant Google said it would allocate $1 billion toward building […]
JLL and Google Unveil a New “Voice Assistant” for Commercial Real Estate
Global real estate firm Jones Lang LaSalle is teaming up with internet-giant Google to build a voice assistant to help office workers book conference rooms […]
Largest Real Estate Deal Ever: Blackstone Pays $18.7B for 1,300 Warehouses
Blackstone has struck the largest private real estate deal in history when it signed a deal to buy the US warehouses portfolio of Singapore-based GLP […]
Colliers Real Estate Services CEO Terminated Over “Improper Trading”
Colliers International Group has fired the CEO of its Real Estate Services division Dylan Taylor for misconduct, including “improper trading activity of Colliers securities”, according to a […]
Investcorp Acquires 11 US Multifamily Properties for $370 Million
Investcorp, a leading global provider and manager of alternative investment products, announced that it acquired 11 new U.S. multifamily properties, according to a Press Release […]
Lennar Closes $1.3 Billion Fund to Invest in Multifamily Projects
LMC, a wholly-owned subsidiary of Lennar Corporation and a leader in apartment development and management, announced the final closing of Lennar Multifamily Venture II (LMV II). LMV […]
U.S. Multifamily Rent Growth Slows Down
A new national report from Yardi® Matrix shows that U.S. multifamily rent growth in 2019, while steady, falls short of the levels seen in recent years. […]
The Most Affordable U.S. Cities to Get Married and Buy a Home
Cleveland, Detroit and Pittsburgh are the most affordable places where couples can throw a wedding and also cover a down payment on their first home, according to a new report from […]
A Class Action Lawsuit Seeks to Eliminate Commissions for Buyers’ Brokers
Should a home seller be required to pay for the buyer’s side of the transaction, especially when the buyer’s expenses include negotiating against the seller? […]