Transaction Marks Pivotal Point for Veris Residential and Cements Company’s Position as a Pure-Play Multifamily REIT Rockpoint’s Preferred Equity Interest Redeemed for $520 Million BOSTON and JERSEY CITY, N.J., July 26, 2023 /PRNewswire/ — Veris Residential, Inc. (“Veris Residential”) (NYSE: VRE), a forward-thinking, environmentally and socially co
Read MoreMiami-Dade Single-Family $600K to $1M Home Sales Rise; South Florida Showing Appointments Increase Year-over-Year
MIAMI — Miami-Dade County single-family $600,000 to $1M home sales surged while South Florida showing appointments also rose year-over-year, according to May 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami-Dade single-family $600,000 to $1M home sales surged 12.9% year-ove
Read MoreVeris Residential, Inc. Reports Second Quarter 2023 Results
JERSEY CITY, N.J., July 26, 2023 /PRNewswire/ — Veris Residential, Inc. (NYSE: VRE) (the “Company”) today reported results for the second quarter 2023. OPERATIONAL HIGHLIGHTS FOR SECOND QUARTER 2023 Net loss available to common shareholders was $(0.30) per share. Core Funds from Operations (“Core FFO”) per share of $0.16. 7,681-unit multifamily por
Read MoreHUD Awards Atlanta Housing, City of Atlanta $40 Million for Bowen Homes Transformation
ATLANTA, July 26, 2023 /PRNewswire/ — HUD announced today that Atlanta Housing (AH) and the City of Atlanta have been awarded a $40 million Choice Neighborhoods Implementation Grant to revitalize the former Bowen Homes. The area includes the surrounding neighborhoods of Carey Park and a portion of Almond Park, along with the neighborhood-related se
Read MoreVeris Residential Issues Clarification Regarding Scheduled Time for Second Quarter 2023 Earnings Conference Call
Call and Webcast to be Held at 8:30 a.m. Easter Time on Thursday, July 27 JERSEY CITY, N.J., July 26, 2023 /PRNewswire/ — Veris Residential, Inc. (NYSE: VRE) (the “Company”), a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, C
Read MoreEQUITY IMPROVES FOR U.S HOMEOWNERS AS HOUSING MARKET BOOM SHOWS SIGNS OF REVIVAL
Equity-Rich Portion of Mortgaged Homes Rises Back Up Amid Home-Price Rebound;Half of all Homeowners Paying Mortgages are Equity-Rich;Seriously Underwater Level of Mortgages Also Sees Improvement IRVINE, Calif., July 27, 2023 /PRNewswire/ — ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 U.S.
Read MoreM.D.C. HOLDINGS ANNOUNCES SECOND QUARTER 2023 RESULTS
DENVER, July 27, 2023 /PRNewswire/ — M.D.C Holdings, Inc. (NYSE: MDC), one of the nation’s leading homebuilders, announced results for the quarter ended June 30, 2023. “MDC delivered another quarter of strong results in the second quarter of 2023, generating net income of $93 million, or $1.24 per diluted share, on home sale revenues of […]
Read MoreLeap Launches Commercial Real Estate Agent Education Program
Fintech Real Estate Investment Firm to Provide Training for Commercial Agents on Investment and Capital Solution in High-Interest Rate Environment LOS ANGELES, July 27, 2023 /PRNewswire/ — Leap Analytics Inc. (Leap), a fintech real estate investment firm, today announced it has launched educational training sessions for commercial Realtors® on how
Read MoreRocket Mortgage Ranked #1 in the U.S. for Client Satisfaction in Mortgage Servicing by J.D. Power for the 9th Time
The company has earned 21 total accolades from J.D. Power – including 12 top rankings for mortgage origination – the most of any home lender. DETROIT, July 27, 2023 /PRNewswire/ — Rocket Mortgage, America’s largest retail mortgage lender and part of Rocket Companies (NYSE: RKT), was today named #1 for client satisfaction in mortgage servicing by J
Read MorePalm Beach County Single-Family Luxury Home Sales Rise Again
MIAMI — Palm Beach County single-family luxury home sales rose year-over-year, according to May 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Palm Beach County single-family luxury $1M-and-up home sales rose 3.3% year-over-year to 348 transactions. South Florida showing appoin
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