Short Term Rentals will Continue to Encroach on Hotel Business in 2020, Says CBRE
The U.S. Short Term Rental (STR) industry will expand to roughly 650,000 actively rented units this year, equal to 12.2% of the country’s hotel-room supply, […]
Newmark Knight Frank announces $1.85 Billion Multifamily Transaction
Newmark Knight Frank has announced the sale of Aragon Holdings, LLC’s national portfolio of apartment properties to Harbor Group International, a global real estate investment and […]
Top U.S. Markets For Office-Using Services Job Growth in 2019 and 2020
According to new report by global real estate firm CBRE, tech hubs, business-friendly Texas cities and high-growth Florida metro areas top the ranks of U.S. […]
The Best Cities to Buy Rental Properties in 2020
According to a report by Turbo Tenant, a property management portal, there are 31 cities in 20 states, where it is best to invest in […]
CoStar to Build a 400,000 Square Foot Tower and Triple its HQ Staff
The Costar Group, whose stock soared by 77 percent in 2019, says that it will triple its staff at its Richmond, Va. headquarters. The company […]
Newmark Knight Acquisition Strengthens its Valuation Services
Newmark Knight Frank, announced it has acquired the assets of HVS, Inc., which operates under the name Hopkins Appraisal Services (“Hopkins”), a national leader in […]
WeWork Sells Tech Startup Teem
WeWork has sold off the meeting space technology company Teem, which it acquired in 2018, reported Bisnow. Workplace solutions firm iOffice announced it had acquired […]
218 American Cities Have a Typical Home Value of at Least $1 Million
There are 218 cities with a typical home value of at least $1 million, three more cities than there was in December 2018, according to […]
Where Buying a Home is Better than Renting
According to ATTOM Data Solutions’ 2020 Rental Affordability Report, owning a median-priced, three-bedroom home in the U.S. is more affordable than renting a three-bedroom property in […]
The Hottest Housing Markets in 2020
According to the Zillow Home Price Expectations Survey, more than 100 economists, investment strategists and real estate experts were asked for their predictions about the […]