Today I had a lengthy article posted on multifamilyexecutive.com about evictions and looming deadlines for residents, owners and Congress. This portion didn’t make the final version of the story. It details the eviction court situation in a few markets. Local statistics are being reported about residents’ request for legal help. According to Legal Services Corp.,…
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LOS ANGELES, CA – Optimus Properties, LLC, a Century City based real estate company, has expanded its footprint in Southern California with a 100-condominium unit acquisition in Van Nuys valued at approximately $21 Million. Optimus has been deploying capital in larger assets located near major employment centers in greater Los Angeles, including the recent purchase…
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Does a seller or a buyer of commercial real estate really have to hire an attorney? The unmistakable answer is, “Yes!” A broker is a licensed professional who you hire to negotiate the sale or purchase of a real estate for a fee or a commission. However, they are typically not attorneys. Many of them…
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All four regions of the country experienced growth in month-over-month pending home sales transactions, while the Northeast was the only region to not record increases in year-over-year pending transactions.
According to the Census Bureau’s Residential Vacancies and Homeownership report for Q2 2020, the homeownership rate increased by nearly 4 percentage points, to 67.9%.
DALLAS, TX – Gardner Capital, a family-owned private equity firm specializing in multifamily housing and renewable energy development and investment, recently completed the Alameda View Apartments, a new affordable housing complex in Aurora, Colo. Gardner Capital developed the Alameda View Apartments in partnership with the City of Aurora; CHFA provided low-income housing tax credit for…
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NAR has analyzed the ability of mortgage holders to meet their mortgage payments by state, age group, and income.
Every day we hear about businesses, restaurants, and properties completely turned upside down from the global pandemic. Every day ourselves, we decide where to draw limits, our comfortability with time in public, and with so much unknown, making plans on what to do next. We need some structure somehow, and there are limits to the…
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CHICAGO, IL – Pacific Oak Residential Trust, Inc. a wholly owned subsidiary of Pacific Oak Strategic Opportunity REIT, Inc., announced the acquisition of a 196 single-family rental home portfolio in Illinois. The announcement comes on the heels of the company’s July 1st merger with Battery Point Trust, Inc. Following the Battery Point merger and Illinois…
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Dr. Jessica Lautz, NAR’s Vice President of Demographics and Behavioral Insights, shares highlights of the 2020 Annual Member Profile and the Market Recovery Survey.
