Critical Issue Comes to Light as RE Industry Marks 1st Anniversary Of National Property Manager’s Day SOLON, Ohio, Sept. 14, 2023 /PRNewswire/ — There is bad news and good news to report before National Property Manager’s Day, which PropTech firm MRI Software established last year on September 23rd: The bad news is that property managers continue
Read MoreNorthwind Group Provides a $35 Million First Position, Senior Secured Loan for Carmel Towers in Newark, NJ (Multifamily Renovation)
NEW YORK, Sept. 14, 2023 /PRNewswire/ — Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, announced today that it provided a $35 million first mortgage loan secured by Carmel Towers, a 25-story, 216-unit multifamily apartment building located in Newark, NJ. The Property is undergoing a comprehensive renovatio
Read MoreMAYFLOWER DATA ILLUSTRATES BOOM IN MID-SIZE METRO AREAS FOR MOVERS IN THE U.S.
New “Finding Home” data reveals the increasing preferences for location amenities and a sense of community offered by mid-size urban cities ST. LOUIS, Sept. 14, 2023 /PRNewswire/ — The looming effects of COVID, coupled with an uncertain economic climate, are making way for a new migration trend — Americans are moving from large metropolitan areas [
Read MoreNorthwind Group Provides a $70 Million First Position Senior Secured Condo Inventory Loan for The Laurel Rittenhouse Square in Philadelphia, PA
NEW YORK, Sept. 14, 2023 /PRNewswire/ — Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager announced today that through its closed-end debt funds it provided a $70 million senior secured condo inventory loan collateralized by unsold for-sale residential condominium units in The Laurel Rittenhouse Square, a 48-s
Read MoreKeyBank Awards Indianapolis Neighborhood Housing Partnership with $300,000 Grant to Increase Affordable and Sustainable Housing
Grant dollars will support Indianapolis’ first Equitable Transit- Oriented Development (ETOD) program INDIANAPOLIS, Sept. 14, 2023 /PRNewswire/ — The KeyBank Foundation has awarded Indianapolis Neighborhood Housing Partnership (INHP) a $300,000 grant to continue its efforts to create or preserve affordable housing opportunities near Indianapolis tr
Read MoreMarketplace Homes Launches Marketplace One, An End-to-End Service Offering for Real Estate Investors in the SFR Space
DETROIT, Sept. 14, 2023 /PRNewswire/ — Marketplace Homes is a leading brokerage with rare capabilities. As one of the few national brokerages with a successful property management division, it is uniquely positioned to fuel growth for individuals and institutions invested in single family rentals. With over 20 years of experience managing portfolio
Read MoreHINES’ NEW GLOBAL OUTLOOK: SIGNALS TO WATCH IN REAL ESTATE INVESTING
Report Explores Four Macrotrends Shaping the Global Landscape, Developments in Key Regions HOUSTON, Sept. 14, 2023 /PRNewswire/ — Hines, the global real estate investment, development, and property manager, today released its new global investment outlook titled, “Opportunistic Patience Prevails.” Informed by Hines Research, the report delivers a h
Read MoreFannie Mae Announces Winner of its Latest Non-Performing Loan Sale
WASHINGTON, Sept. 14, 2023 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-first non-performing loan sale transaction. The deal, announced on August 10, 2023, included the sale of approximately 1,371 loans totaling $225.4 million in unpaid principal balance (UPB), offered in one pool. The winning bidder of the pool
Read MoreFirst Citizens Bank Provides $29 Million to Onicx Group to Refinance Florida Medical Office Buildings
NEW YORK, Sept. 14, 2023 /PRNewswire/ — First Citizens Bank today announced that its Healthcare Finance business, part of the CIT division, provided $29 million to Onicx Group to refinance two medical office buildings located on the campuses of Florida Trinity Hospital and Poinciana Hospital in Florida. Headquartered in Tampa, Onicx is an establish
Read MoreColombia Continues Streak as No. 1 Foreign Country Searching Miami Real Estate; Texas Top State Searching
MIAMI — Colombia once again posted the most global web searches for South Florida homes in July 2023, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia has now finished No. 1 or No. 2 among the top list of foreign countries searching Miami real estate in each of the last […]
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