#Real Estate

15 Cheap, Beautiful Places To Retire

If you're like most people facing retirement, you're working with a limited budget. Even so, that doesn't mean you have to settle for living out your golden years in a less-than-desirable locale just...
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Gantry Secures $12.5M Acquisition Loan for Industrial Building in Woodinville, Washington

WOODINVILLE, WASH. — Gantry has secured $12.5 million in permanent financing for a private real estate investor’s purchased of a single-tenant industrial property in Woodinville. Mike Wood and Alex Saunders of Gantry secured the 10-year, fixed-rate loan through one of the firm’s life company lenders. Redapt, a...

Shojin: Investors are seeking out alternative assets

Shojin, a UK-based, FCA-regulated real estate investment platform, is out with a note indicating investors are seeking out alternative assets as a method to mitigate a floundering economy. Shojin states that a recent survey of UK investors shows risk mitigation is at the top of the list as concerns grow...

Portland Multifamily Report – October 2022

Despite some softening, the market’s fundamentals remain largely healthy. Portland’s multifamily sector posted steady improvement this year, largely mirroring the national market. Rent gains moderated, to 0.6 percent on a trailing three-month basis through August, on par with the national average, but the movement can be attributed to a typical seasonal softening. The occupancy rate in stabilized properties declined 30 basis points year-over-year as of July, but at 96.2 percent, it is still a tight rental market.

Peakview Realty Purchases 32,297 SF Shoppes at Parker Commons in Aurora, Colorado

AURORA, COLO. — Peakview Realty has acquired Shoppes at Parker Commons, a retail center located at 2701-2787 S. Parker Road in Aurora. Special Servicer LNR Partners LLC sold the asset for $8.2 million, or $255 per square foot. Built in 1987, the 32,297-square-foot property was 92 percent at the...

Aventon Expands Georgia Footprint

The newest development will be the company's third project in the Peach State. Aventon Cos. will develop a 280-unit Savannah, Ga., community. The site for the new project, Aventon Victory, spans more than 11 acres. Designed by Watts Leaf Architects, the four-story Class A asset is set to have one-,...

McWhinney, Common Unveil Salt Lake City Community

Leasing is underway at the micro apartment property, intended to address the city’s affordable housing deficit. Development firm McWhinney and residential brand Common have initiated leasing at Lattice, a Salt Lake City property that was formerly a hotel. The apartments will add much-needed housing to the vibrant Granary District to address the city’s shortage of affordable housing.

AZ Big Spotlight: Scottsdale Realtors, CBRE, Item 9 Labs, Sundt

The Scottsdale REALTORS trade association installed a new leadership team, recognized its Leadership Academy Class 25 and presented special awards at a private ceremony on November 16. 2023 President Chris Nace, President-Elect Peggy Neely, Vice President Allison Cahill, Treasurer Stacey Krolak and Immediate Past President Sandy Lunsford were sworn in...

Mortgage Interest Rates for Dec. 5, 2022: Rates Slip Further

A few major mortgage rates continued to fall over the last seven days. The average interest rates for both 15-year fixed and 30-year fixed mortgages took a tumble. The average rate of the most common type of variable-rate mortgage, the 5/1 adjustable-rate mortgage, also dropped slightly. Mortgage rates have been...

Mortgage Refinance Rates on Dec. 5, 2022: Rates Slide

Both 15-year fixed and 30-year fixed refinances saw their average rates recede over the last seven days. The average rates for 10-year fixed refinances also shrank. Like mortgage rates, refinance rates fluctuate on a daily basis. With inflation at a 40-year high, the Federal Reserve has hiked the federal funds rate six times in 2022 to try to cool an overheating economy. Though mortgage rates are not set by the central bank, its rate hikes increase the cost of borrowing money and eventually affect mortgage and refinance rates and the broader housing market. Whether refinance rates will continue to rise or fall will depend largely on how things play out with inflation. If inflation cools, rates will likely follow suit. But if inflation remains high, we could see refinance rates maintain their upward trajectory.

RPM Acquires Houston Luxury Apartments

The purchase is the latest addition to the buyer's Multifamily Fund I portfolio. RPM Living has purchased Ashton on West Dallas, a 246-unit luxury apartment community located at 1616 W. Dallas St. in Houston. The acquisition marks RPM’s second Houston-area addition to its Multifamily Fund I portfolio. Amerant Bank provided acquisition financing for the purchase.

Detroit home property tax relief available - here's how to apply

DETROIT (FOX 2) - Detroit homeowners who are struggling with their property taxes have until Dec. 12 to apply for financial relief. Tens of thousands of homeowners have already been approved for the HOPE property tax exemption program, which offers full or partial exemption for 2022. HOPE, or Homeowners Property...

Unique Home in Ferndale Made for Parties with Bathroom Beer Taps & More

Think Man Cave meets Frat House. There's really no other way to describe this $165,000 Ferndale bungalow that is all about the party in some interesting ways. Currently offered for sale, the house appears to be just like any other little neighborhood home in any town across the state, but what lies behind that charming front door is anything but run-of-the-mill.