Tag Archives: Property Portfolio

Blackstone to take Tricon Residential private in $3.5B deal

By Ben Verde | January 19, 2024 - 8:24 pm |January 19, 2024 Uncategorized

Comments Off on Blackstone to take Tricon Residential private in $3.5B deal

Tricon is a landlord and developer of single-family rental homes in the United States and Canada with a portfolio of over 38,000 rentals. Continue reading →

Japan’s Sekisui House becomes 5th largest US builder on MDC deal

By Ben Verde | January 19, 2024 - 6:28 pm |January 19, 2024 Uncategorized

Comments Off on Japan’s Sekisui House becomes 5th largest US builder on MDC deal

The $4.9 billion acquisition is expected to close in the first half of 2024, once it is approved by shareholders and regulators. Continue reading →

Airbnb launches new council to address US housing crisis

By Ben Verde | January 19, 2024 - 6:05 pm |January 19, 2024 Uncategorized

Comments Off on Airbnb launches new council to address US housing crisis

The Airbnb Housing Council will advise the home-sharing company on policies and initiatives it can support to combat housing affordability and inventory issues. Continue reading →

Zillow launches new reporting feature to help renters build credit

By Ben Verde | January 18, 2024 - 5:33 pm |January 18, 2024 Uncategorized

Comments Off on Zillow launches new reporting feature to help renters build credit

The new feature will allow renters who pay their rent through Zillow to have their on-time payments reported to a major credit bureau. Continue reading →

Office buildings are at ‘the beginning of a crisis’

By Ben Verde | January 16, 2024 - 8:15 pm |January 16, 2024 Uncategorized

Comments Off on Office buildings are at ‘the beginning of a crisis’

Landlords are confronting the fact that their commercial real estate holdings are becoming increasingly obsolete. Continue reading →

Apartment starts hit a 40-year high in 2023. Don’t expect a repeat

By Ben Verde | January 12, 2024 - 9:14 pm |January 12, 2024 Uncategorized

Comments Off on Apartment starts hit a 40-year high in 2023. Don’t expect a repeat

We may see a reprieve in the number of new rental units coming online in 2024, with CoStar projecting a 25 percent pullback. Continue reading →

Queens is poised to unseat Brooklyn as hottest NYC borough

By Ben Verde | January 11, 2024 - 6:35 pm |January 11, 2024 Uncategorized

Comments Off on Queens is poised to unseat Brooklyn as hottest NYC borough

A new report from StreetEasy suggests that the World’s Borough will be crowned the hottest borough in New York City after a stellar 2023. Continue reading →

AirDNA acquires vacation property management software Uplisting

By Ben Verde | January 9, 2024 - 9:55 pm |January 9, 2024 Uncategorized

Comments Off on AirDNA acquires vacation property management software Uplisting

The acquisition represents AirDNA’s first foray into the day-to-day operations of short-term rental properties. Continue reading →

Rent falls for 3rd straight month, thanks to new inventory

By Ben Verde | January 9, 2024 - 5:38 pm |January 9, 2024 Uncategorized

Comments Off on Rent falls for 3rd straight month, thanks to new inventory

The median asking rent fell 0.8 percent year over year during the last month of 2023, according to a new report by Redfin, which attributes the fall to an increase in supply. Continue reading →

Real estate investing in 2023: The roller coaster continues

By Taylor Anderson | January 2, 2024 - 7:36 pm |January 2, 2024 Uncategorized

Comments Off on Real estate investing in 2023: The roller coaster continues

Rent began to reverse, office vacancy remained near record highs, banks failed and lending got tricky in 2023. Where are we headed next? Continue reading →