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Press release Acquisition of two shopping centres from Altarea finalised Acquisition of two leading and successful properties located in Flins-sur-Seine (Yvelines) and Ollioules (Var) for a total of €90.4 million (including transfer taxes) Increase in the value of MRM’s asset portfolio of more than 50% Acquisition entailing two capital increases by MRM, with SCOR SE … Read More “Acquisition of two shopping centres from Altarea” »

Chris Wimmer, CFA Residential REITs will continue to benefit from the dearth of affordable homes that has created incremental demand for single-family and multifamily rentals. The supply of homes for first-time buyers is at historical lows, while potential buyers continue to be faced with the highest home mortgage rates in decades. This trend is only … Read More “Apartment REITs Are Not Immune to Economic Uncertainty – Commercial Property Executive” »

The Dutch city Haarlem won the Rising Innovative City prize, awarded during the 2022 edition of the European Innovation Council in Brussels. The Dutch city was shortlisted for the final alongside Mainz, Germany, and Aveiro, Portugal, and will receive €500.000.  The competition awards cities with 50,000 to 249,000 residents and their efforts to nurture innovation. … Read More “Haarlem is Europe’s 2022 Rising Innovative City” »

A relatively routine item up for Winnetka Village Council approval Tuesday sparked an at times tense and emotional discussion, as the petitioner shared concerns that her family is being unfairly maligned in the community. Ultimately, the council — with two members absent — unanimously voted to approve a plan to consolidate four properties along the … Read More “Emotions on display as Ishbia family’s plan to raze three lakefront homes to build one moves forward” »

Christmas is the greatest time of year to curl up with a blanket and watch a Christmas movie. I rewatch the best Christmas movies every year, and even when there isn’t any snow outside, it still feels like Christmas. Oftentimes, people find hope in Christmas movies. At the end of every year, the classic films … Read More “Opinion: Top five classic Christmas movies” »

Invitation Homes Inc. (NYSE:INVH – Get Rating) – Stock analysts at Oppenheimer decreased their Q1 2023 EPS estimates for shares of Invitation Homes in a report released on Monday, December 5th. Oppenheimer analyst T. Batory now anticipates that the company will earn $0.41 per share for the quarter, down from their prior forecast of $0.42. … Read More “Q1 2023 Earnings Estimate for Invitation Homes Inc. Issued By Oppenheimer (NYSE:INVH)” »

In tenants’ seemingly never-ending battle against leaky faucets and unflushable toilets, Chicago-based proptech startup Mezo announced Wednesday that it has closed a $6 million seed round to further build its AI aimed at improving renters’ experience and reducing the operating costs of single, multifamily and student housing maintenance. Founded in 2020, Mezo’s seed round was … Read More “Proptech Startup Mezo Closes $6 Million Seed Round Funding – Commercial Observer” »

DALLAS, Feb. 3, 2022 /PRNewswire/ — Today, Pathway Homes announced its new offerings for potential  homebuyers faced with rising home prices, constrained supply, and competitive local housing markets. Pathway’s mission is to create more homeowners by providing new options for people who are currently being shut out of the market, configured to meet their needs … Read More “Pathway Homes commits $750 million to increase access to homeownership” »

Hi! It’s Dan DeFrancesco checking in from NYC. Today we’ve got stories on another casualty in crypto, Credit Suisse heads to the Middle East for some help, and the new chatbot everyone is freaking out about. But first, let’s take a trip to the suburbs. If this was forwarded to you, sign up here. Download … Read More “One of the best bets in real estate is no longer a sure thing” »

IGphotography It is no real secret that many people have seen their purchasing power decline significantly over the past year. This is largely due to the incredibly high level of inflation that we have experienced, which continues to permeate our economy even to this day. In addition to needing income, many people are concerned with … Read More “RFI: This High-Yielding CEF Is Beating The Index (NYSE:RFI)” »