Blackstone Exits the Single Family Rental Business
Blackstone Group Inc. is exiting its post-recession bet on single-family rental homes, selling off an investment in Invitation Homes Inc., according to the Wall Street […]
Month: November 2019
Updates from the Hospitality World: Airbnb, Wyndham and Others
Airbnb COO Leaves Position Amid $100 Million Quarterly LossHome-sharing company Airbnb lost $100 million in Q2 2019 compared with a $10 million profit in the […]
Elizabeth Warren Shames Blackstone for Buying Properties at a Low Price
Massachusetts Senator and presidential candidate Elizabeth Warren slammed private equity and asset management giant the Blackstone Group for “shamelessly” profiting from the 2008 housing crisis. […]
Demographic Changes will Result in a Deluge of Homes for Sale, Says Zillow
It’s the cycle of life. As the aging baby boomer generation starts dying off, their homes will hit the market at an accelerated pace, according […]
U.S. Homeowners are Staying in Their Homes 5 Years Longer Than in 2010
According to a new report from Redfin, the typical American homeowner has spent 13 years in their home, up from eight years in 2010. An […]
Mortgage Rates Continue to Rise as Recession Fears Continue to Subside
According to the FreddieMac Primary Mortgage Market Survey, U.S. mortgage rates continue to rise as optimism grows over a new trade agreement between the U.S. […]
Updates from the Corporate Real Estate World: CBRE, JLL, Zillow and Others
CBRE Q3 Results Beat EstimatesThe world’s largest real estate firm reported revenue of $5.93 billion for the quarter, compared to analyst estimates of $5.73 billion, […]
Household Wealth Drives Demand for Vacation Homes
According to the National Association of Realtors’ 2019 U.S. Vacation Home Counties Report, increased financial wealth and low mortgage rates boosted the demand for and […]