Residential real estate – Talktalk China http://talktalkchina.com/ Fri, 13 May 2022 16:16:17 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://talktalkchina.com/wp-content/uploads/2021/10/icon-2-120x120.png Residential real estate – Talktalk China http://talktalkchina.com/ 32 32 EQT Exeter acquires US residential property manager Redwood Capital | News https://talktalkchina.com/eqt-exeter-acquires-us-residential-property-manager-redwood-capital-news/ Fri, 13 May 2022 16:16:17 +0000 https://talktalkchina.com/eqt-exeter-acquires-us-residential-property-manager-redwood-capital-news/ EQT Exeter acquires US residential property manager Redwood Capital Group (RCG). EQT Exeter has agreed to buy the core-plus and value-add residential investment manager for an undisclosed sum. RCG was founded in 2007 by David Carlson and Mark Isaacson. The company’s investments include deal-by-deal joint ventures on behalf of several institutional clients, including global fund […]]]>

EQT Exeter acquires US residential property manager Redwood Capital Group (RCG).

EQT Exeter has agreed to buy the core-plus and value-add residential investment manager for an undisclosed sum.

RCG was founded in 2007 by David Carlson and Mark Isaacson. The company’s investments include deal-by-deal joint ventures on behalf of several institutional clients, including global fund sponsors, insurance companies and family offices.

The 35-employee RCG team will combine with EQT Exeter’s existing US multi-family team. Following the merger, EQT Exeter’s extended multi-family team will consist of around 55 investment professionals, in addition to RCG’s in-house property management team.

EQT Exeter said the new group will be led by Carlson, who will report directly to Ward Fitzgerald, director of EQT Exeter.

The integrated team is expected to pursue various residential strategies in areas such as multi-family housing, student housing, workforce housing and self-storage.

Fitzgerald said: “RCG’s strong cultural fit, impressive performance, aligned investment approach and similar commitment to sustainability make them ideal partners as we continue to establish EQT Exeter as a global leader in the geographic sector. in sheds, beds and medicines.

“Expanding our multi-family offering is a critical step in our growth, and this combination provides a fantastic opportunity to build on the significant track records of both our companies as we build one of the leading residential real estate businesses in the United States. -United.”

Carlson, said, “When Mark Isaacson and I founded RCG over 15 years ago, our goal was to create one of the industry’s leading real estate investment management platforms.

“We are proud of what our people, background and culture have enabled us to achieve and we believe that with this combination with the multi-family team at EQT Exeter and the support of EQT AB, we will continue to achieve this. vision.”

To read the latest edition of the latest IPE Real Assets magazine, click here.

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Mansion Global Daily: Big Apple Opportunity, Finnish Residential Real Estate Sales Set to Fall 10% in H1 2022, and More https://talktalkchina.com/mansion-global-daily-big-apple-opportunity-finnish-residential-real-estate-sales-set-to-fall-10-in-h1-2022-and-more/ Fri, 13 May 2022 16:08:00 +0000 https://talktalkchina.com/mansion-global-daily-big-apple-opportunity-finnish-residential-real-estate-sales-set-to-fall-10-in-h1-2022-and-more/ There is a window of opportunity for buyers of Manhattan Pied-à-Terres to strike a deal With less demand and rising prices for studios and one-bedroom apartments, the borough’s smaller apartments have a big advantage right now. Read more IN NUMBERS TRENDING TODAY LIST OF THE DAY In British Columbia, Canada, a huge ranch of nearly […]]]>


There is a window of opportunity for buyers of Manhattan Pied-à-Terres to strike a deal

With less demand and rising prices for studios and one-bedroom apartments, the borough’s smaller apartments have a big advantage right now. Read more

IN NUMBERS


TRENDING TODAY


LIST OF THE DAY


In British Columbia, Canada, a huge ranch of nearly 6,000 acres is asking for C$23.8 million

Four Hearts Ranch has eight homes, private lakes, and expanses of forest and hills. Read more

NEIGHBORHOOD NOTES


Bronte, a Sydney seaside suburb, offers laid-back living and luxury properties

The family-friendly neighborhood, which offers California-style bungalows alongside Italian villas, has seen a surge in demand amid the pandemic. Read more

NEWS

Casino mansion on Australia’s Gold Coast hits the market for A$20m

A mansion with a casino on Australia’s Gold Coast is set to hit the market for more than AU$20 million (US$13.8 million), after selling for AU$11 million in December. Located in the Sovereign Islands, the home had been on and off the market since 2010, and the current owners have reached an agreement, they said. Paul England, owner of national company Spas Direct, and his wife, Kim, updated the mansion, which had been vacant for some time. One addition is the casino, with a bar, full-size gaming tables and designer chairs and gaming chips. “It’s just kinda fun, but it’s a great place to throw a party,” said declared Mr. England. real estate.com.au

Britain’s architectural leaders join forces to set a new standard for ‘Net-Zero’ buildings

Industry leaders in the UK, including the Royal Institute of British Architects, are working together to create a new standard for net-zero carbon buildings in the country. The initiative, dubbed the UK Net Zero Carbon Buildings Standard, aims to clarify what “net-zero” really means, establish “a clear demand for a single, agreed methodology” and encourage industry to decarbonise to help the UK to meet its 2035 and 2050 emissions targets, according to the institute. “Working together, we will address the current ambiguities around the widely used term and develop a common understanding, based on clear performance goals, to support everyone involved in sourcing, designing, building and operating of buildings,” said its chairman, chairman, Simon Allford. Dezeen

Finnish residential real estate sales are expected to fall by 10% in the first half of 2022

Home sales in Finland are expected to drop 10% by July, according to the Mortgage Society of Finland. In addition to inflation, other reasons for the slowdown include house price increases, which are expected to be around 1.5% in 2022 and 0.5% next year, as well as the uncertainty created by the war. in Ukraine. Helsinki timetables

Renovated Palm Beach mansion that once housed Ivana Trump sells for $73 million

A waterfront mansion in Palm Beach, Florida that once housed Ivana Trump has sold for nearly $73 million. Originally designed by famed Florida architect Addison Mizner, the sellers of the Mediterranean-style home – fashion designer Tomas Maier and her husband, businessman Andrew Preston – received a Robert I. Ballinger Award in 2019 for their restoration of the 1926 residence. The couple bought the property from Mrs. Trump in 2014 for $16.6 million, selling the house for more than four times what they paid. The buyer was a limited company, Baloobeach, registered in Delaware. The real deal

AROUND NEWS CORP

This California Home Will Make You Forget Everything You Know About Traditional Beach Design [The Wall Street Journal]

These are the most and least affordable real estate markets in the country [Realtor.com]

Inside the most luxurious new trophy towers launched this year in New York [New York Post]

Top Red Flags for Buyers Considering Off-Plan Apartments [news.com.au]

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Best Residential Real Estate Sales in Longboat Key, Lido Key, Bird Key April 25-29 | Rowboat key https://talktalkchina.com/best-residential-real-estate-sales-in-longboat-key-lido-key-bird-key-april-25-29-rowboat-key/ Wed, 11 May 2022 09:00:00 +0000 https://talktalkchina.com/best-residential-real-estate-sales-in-longboat-key-lido-key-bird-key-april-25-29-rowboat-key/ A home in Country Club Shores topped all real estate deals this week. James McNally Jr. of Longboat Key has sold his home at 548 Hornblower Lane to Scott Ashton of Roswell, Georgia for $4.65 million. Built in 2015, it has four bedrooms, four and a half bathrooms, a swimming pool and 3,976 square feet […]]]>

A home in Country Club Shores topped all real estate deals this week. James McNally Jr. of Longboat Key has sold his home at 548 Hornblower Lane to Scott Ashton of Roswell, Georgia for $4.65 million. Built in 2015, it has four bedrooms, four and a half bathrooms, a swimming pool and 3,976 square feet of living space. It sold for $2,625,000 in 2019.

Stone

Darashon Delaware LLC has sold the Unit 508 condominium at 455 Longboat Club Road to Beth Shribman and Peter Shribman, directors, of Swampscott, Massachusetts, for $2.8 million. Built in 1990, it has three bedrooms, three and a half bathrooms and 2,780 square feet of living space. It sold for $517,000 in 1991.

John Ringling Estates

Linda Candino, as personal representative, of N. Tonawanda, New York, David Eckman, Jennifer Waugh, of Tacoma, Washington, Thomas Eckman, of Lockport, New York, Victoria Witte, of Rochester, Minnesota, Matthew Eckman, of N Tonawanda, New York, and Christopher Eckman, of Torrington, Wyoming, sold two properties at 551 S. Washington Drive to 551 S Washington LLC for $2.7 million. The first property was built in 1951, it has two bedrooms, two bathrooms and a living area of ​​1,910 square feet. The second property was built in 1951, it has two bedrooms, one bathroom and 514 square feet of living space. They sold for $126,000 in 1988.

country club ribs

Trustee Nima Prakash and Shailendra Prakash sold the home at 530 Yardarm Lane to Triple M Partners LP for $2,495,000. Built in 1966, it has four bedrooms, three bathrooms, a swimming pool and 2,543 square feet of living space. It sold for $1.4 million in 2019.

Conrad Beach

399 Firehouse LLC has sold the home at 399 Firehouse Court to Lawrence and Frances Nevins of Jersey City, New Jersey for $1,885,000. Built in 2003, it has three bedrooms, three bathrooms and a living area of ​​2,623 square feet. It sold for $922,300 in 2021.

Grand Bay

Trustees William and Becky Oneil sold the Unit 112 condominium at 3060 Grand Bay Blvd. to Robert Friedman, administrator, of Union Pier, Michigan, for $1.4 million. Built in 1994, it has three bedrooms, three and a half bathrooms and 2,143 square feet of living space. It sold for $650,000 in 2019.

winding oaks

Antoinette and Raymond Maloney, of Southampton, New York, have sold their Unit 34 condominium at 3467 Winding Oaks Drive to Ellen Goldner, of Longboat Key, for $1 million. Built in 1988, it has two bedrooms, two bathrooms and 2,112 square feet of living space. It sold for $445,000 in 2012.

Westchester

Gail Palo, trustee, sold the Unit 106 condominium at 4805 Gulf of Mexico Drive to Alexander and Shirley Bono of Longboat Key for $850,000. Built in 1970, it has two bedrooms, one bathroom and 1,393 square feet of living space. It sold for $157,000 in 1983.

Eastern Cedars

LUU Properties LLC has sold the Unit 18 condominium at 660 Cedars Court to Richard and Lillie Masidi of Sarasota for $600,000. Built in 1988, it has two bedrooms, two bathrooms and a living area of ​​1,440 square feet. It sold for $257,000 in 2016.

Beach Harbor Club

James Knab of Cincinnati has sold his Unit C208 condominium at 3806 Gulf of Mexico Drive to Casa Rentals LLC for $350,000. Built in 1970, it has one bedroom, one bath and 712 square feet of living space. It sold for $147,500 in 2009.

Whitney Beach

Armand Caputi, of White Lake, New York, sold the Unit 121 condominium at 6700 Gulf Mexico Drive to Alan Lenowitz, of Longboat Key, for $350,000. Built in 1969, it has one bedroom, one bath and 936 square feet of living space. It sold for $121,000 in 1998.


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Nobul Brings Its First Consumer-Centric Marketplace for Residential Real Estate to the State of Texas | News https://talktalkchina.com/nobul-brings-its-first-consumer-centric-marketplace-for-residential-real-estate-to-the-state-of-texas-news/ Tue, 10 May 2022 13:32:31 +0000 https://talktalkchina.com/nobul-brings-its-first-consumer-centric-marketplace-for-residential-real-estate-to-the-state-of-texas-news/ TORONTO AND HOUSTON–(BUSINESS WIRE)–May 10, 2022– Nobul Technologies ( www.nobul.com ), a consumer-centric real estate technology company connecting home buyers and sellers to the right real estate agents who meet their needs, is proud to announce today that its marketplace is now available statewide in Texas. , including but not limited to Dallas, Fort Worth, […]]]>

TORONTO AND HOUSTON–(BUSINESS WIRE)–May 10, 2022–

Nobul Technologies ( www.nobul.com ), a consumer-centric real estate technology company connecting home buyers and sellers to the right real estate agents who meet their needs, is proud to announce today that its marketplace is now available statewide in Texas. , including but not limited to Dallas, Fort Worth, Houston, Austin, San Antonio and El Paso. With Nobul, Texas buyers and sellers now have the ability to review the criteria and data that helps them choose the right realtor for them, while agents compete for their business in real time. To date, Nobul has achieved billions of dollars in sales in over 100 markets in North America, including Canada, Florida and Georgia. Nobul’s entry into the Texas real estate market is part of a nationwide US rollout strategy for the company.

“Texas is the second most popular state in the United States for relocation, with more than 500,000 people moving to the Lone Star State each year,” said Regan McGee, Founder, Chairman, and CEO of Nobul. “With our close ties to the state, thanks to the multiple Nobul investors and shareholders residing there, not to mention the booming tech industry developing in the state, Texas is a perfect fit for Nobul and he couldn’t there couldn’t be a better time for our technology to finally be available there. Our market is both revolutionary and evolving. Consumers have become accustomed to online marketplaces, price and product comparison tools, professional and consumer reviews to make their purchases. Nobul is the logical continuation of this evolution in real estate. With home sales on the rise, days on the market continuing to decline, and over 30 million people living in Texas alone, we couldn’t be more proud to provide our technology to the booming Texas real estate market.

Nobul takes the hassle out of trying to find a real estate agent for home buyers and sellers by providing easy access to verified reviews, backgrounds, transaction history, services offered and commission rate comparisons. which allows consumers to choose the agent that best suits their needs. Nobul’s innovative platform is ready to help everyone in Texas, current residents and people looking to relocate, looking to buy or sell a home. The platform also provides potential buyers with curated property listings.

To secure his path to success in the Lone Star State, Nobul has already built relationships with realtors from many brokerages including Texas Premier Realty, Brixstone Real Estate, eXp Realty LLC and many more who are learning to know the Nobul platform. In addition to Nobul’s marketplace enabling buyers and sellers to complete their real estate transactions, real estate agents and agents continue to see the value in the company’s platform to make the buying and selling process of houses more transparent and bring choice, accountability and simplicity to the real estate industry. . Since agent participation is free and thanks to the agent ranking system, agents compete for consumer business without preferential treatment.

“We are pleased that Nobul’s innovative technology platform is coming to Texas to help Texas Premier Realty’s 600+ agents gain quality client referrals, improve our deal flow, and provide buyers and sellers with a better experience,” said Daryl Zipp, broker for Texas Premier. Real estate.

Since 2010, approximately 700,000 people have moved to Texas from California alone. The low cost of living, no income tax, booming economy, excellent schools, and recreation are some of the top reasons to move to Texas.

“I’ve lived in Texas for over 25 years and I think Nobul is a perfect fit for the market,” said Texas-based Nobul board member Scott Reed. “As the platform continues to gain traction, I believe the Texas real estate market could greatly benefit from Nobul’s disruptive and transparent residential real estate market technology. Tech-savvy home buyers and sellers are looking here for more personalized and easier ways to rate agents submitting offers for their business. We think Nobul is exactly what they were looking for.

ABOUT NOBUL

Nobul Technologies ( www.nobul.com ) is the world’s only open, consumer-centric digital marketplace that connects home buyers and sellers to the best realtor for them. Nobul’s platform gives buyers and sellers easy access to real estate agents‘ transaction history, prices, services offered, and genuine reviews from people who have actually used them. The platform brings transparency, choice, accountability and simplicity to the real estate industry through powerful innovative technology backed by real people who really care. Nobul has won numerous prestigious awards including the CNBC Upstart 100 Award and has surpassed $5,000,000,000 (five billion dollars) in sales since its inception. For more information about Nobul, visit www.nobul.com.

Show source version on businesswire.com:https://www.businesswire.com/news/home/20220510005670/en/

CONTACT: Nicole Rodrigues

nicole@nrprgroup.com

KEYWORD: TEXAS UNITED STATES NORTH AMERICA CANADA

INDUSTRY KEYWORD: INTERNET RESIDENTIAL BUILDING AND REAL ESTATE TECHNOLOGY CONSTRUCTION AND REAL ESTATE SOFTWARE

SOURCE: Nobul Technologies

Copyright BusinessWire 2022.

PUBLISHED: 05/10/2022 09:30 AM/DISC: 05/10/2022 09:32 AM

http://www.businesswire.com/news/home/20220510005670/en

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DREAM ANNOUNCES THE ACQUISITION OF AN INTEREST IN THE DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST https://talktalkchina.com/dream-announces-the-acquisition-of-an-interest-in-the-dream-residential-real-estate-investment-trust/ Fri, 06 May 2022 21:10:00 +0000 https://talktalkchina.com/dream-announces-the-acquisition-of-an-interest-in-the-dream-residential-real-estate-investment-trust/ TORONTO, May 6, 2022 /CNW Telbec/ – Dream Asset Management Corporation (” CONTAIN “), Dream DRR Asset Management LLC (” Dream Asset Manager “), Dream DRR Asset Management LP (” Dream Asset Manager LP “) and Dream DRR US Holdings Inc. (” USCo DAM “), entities controlled by Michael CooperChairman and Chief Executive Officer responsible […]]]>

TORONTO, May 6, 2022 /CNW Telbec/ – Dream Asset Management Corporation (” CONTAIN “), Dream DRR Asset Management LLC (” Dream Asset Manager “), Dream DRR Asset Management LP (” Dream Asset Manager LP “) and Dream DRR US Holdings Inc. (” USCo DAM “), entities controlled by Michael CooperChairman and Chief Executive Officer responsible for Dream Unlimited Corp. (” Dream ” and collectively with DAM, Dream Asset Manager, Dream Asset Manager LP and Michael Cooperthere ” dream group “) today announced that, in connection with an initial public offering (the “Offer“) units (“Units“) of Dream Residential Real Estate Investment Trust (the “Transmitter“) and indirect acquisition (the “Acquisition“) by the Issuer of a portfolio of 16 multi-family residential buildings located in United States (“Initial portfolio“), the Dream Group has acquired beneficial ownership, control or direction of a total of 784,614 shares and 1,548,921 Class B shares (“Class B units“) of DRR Holdings LLC, a Delaware limited liability company and the operating subsidiary of the Issuer at the price of $13.00 per unit. Class B Units are, in all material respects, economically equivalent to the Units and are redeemable in certain circumstances by the holder thereof for cash or, as determined by Holdco LLC and at the direction of the issuer in its sole discretion, shares (on a one-to-one basis).

Pursuant to the Offer and Acquisition: (i) DAM has agreed to purchase 576,923 Units under the Offer; (ii) in recognition of the advisory services provided to the issuer by Dream Asset Manager, 169,230 Units were issued to Dream Asset Manager LP at the offering price; and (iii) a total of 38,461 Units and 1,548,921 Class B Units were issued to DAM USCo in connection with the acquisition of the Initial Portfolio.

Immediately prior to the completion of the Offering and Acquisition, Dream Group did not beneficially own, control or direct the Units or Class B Units.

Immediately following the completion of the Offer and the Acquisition, Dream Group beneficially owns, or exercises control or direction over, an aggregate of 784,614 Units and 1,548,921 Class B Units, together representing an effective interest aggregate of approximately 11.8% in the Issuer (determined as if all class B units were redeemed into units).

Units and Class B Units were valued at a price per share of $13.00 at the closing of the Offer, i.e. a total consideration of approximately $30.3 million (CA$16.67 per unit or aggregate consideration of approximately C$38.9 million based on the exchange rate posted by the Bank of Canada on May 5, 2022 for the conversion of US dollars into Canadian dollars of $1.00 = CA$1.2822).

The shares held by the Dream Group are held for investment purposes. The Dream Group intends to evaluate its investment in Units on an ongoing basis and may either acquire Units or decrease its holdings of Units in the future. Dream is controlled by Mr. Michael CooperPresident and Chief Executive Officer responsible. Michael Cooper holds an economic interest of approximately 49% and a voting right of 88% in Dream. A subsidiary of Dream will act as asset manager for the Issuer. The Dream Group has no current intention, but depending on market conditions, general economic and industry conditions, the Issuer’s business and financial condition and/or other relevant factors, the Dream Group may in the future form an intention, with respect to one or more of the transactions or matters referred to in paragraphs (b) through (k) above.

This press release is issued in accordance with the requirements of National Instrument 62-103 – The Early Warning System and Related Issues Related to Takeover Bids and Insider Reporting (“National Instrument 62-103“) of the Canadian Securities Administrators. A copy of the report to be filed by Dream Unlimited Corp. in connection with the acquisition of Units and Class B Units described herein will be available on the issuer’s SEDAR profile at address www.sedar.comand can also be obtained by contacting Mr. Robert HughesGeneral Counsel, Dream Residential Real Estate Investment Trust at 416-365-3535.

The Issuer’s address and registered office is at 30 Adelaide Street East, Suite 301, Toronto, OntarioM5C 3H1.

SOURCE Dream Residential Real Estate Investment Trust

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DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST COMPLETES INITIAL PUBLIC CALL FOR US$125.1 MILLION ISSUE https://talktalkchina.com/dream-residential-real-estate-investment-trust-completes-initial-public-call-for-us125-1-million-issue/ Fri, 06 May 2022 13:04:00 +0000 https://talktalkchina.com/dream-residential-real-estate-investment-trust-completes-initial-public-call-for-us125-1-million-issue/ This press release contains forward-looking information that is based on assumptions and subject to risks and uncertainties, as noted in the cautionary statement contained in this press release. /NOT FOR DISTRIBUTION TO UNITED STATES NEWS SERVICES OR FOR DISTRIBUTION IN UNITED STATES/ TORONTO, May 6, 2022 /CNW/ – DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (“Dream […]]]>

This press release contains forward-looking information that is based on assumptions and subject to risks and uncertainties, as noted in the cautionary statement contained in this press release.

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS SERVICES OR FOR DISTRIBUTION IN UNITED STATES/

TORONTO, May 6, 2022 /CNW/ – DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (“Dream Residential REIT” or the “REIT”) today announced that it has completed its initial public offering (the “Offer”) of 9,620,000 REIT units (“Units”) at a price of $13.00 per Unit (the “Offer Price”). The placement generated gross proceeds of $125,060,000. The Units will begin trading on the Toronto Stock Exchange in US dollars today under the symbol “DRR.U”.

In connection with the Offering, the REIT indirectly acquired an initial portfolio of 16 garden-style multi-residential properties (the “Initial Portfolio”), consisting of 3,432 units located primarily in three markets in the Sunbelt and Midwest regions of United States. The net proceeds of the offering were used by the REIT to fund the cash component of the initial portfolio acquisition and for general trust purposes.

The placement was underwritten by a syndicate of underwriters led by TD Securities Inc., together with Scotia Capital Inc., CIBC Capital Markets, RBC Dominion Securities Inc., Financière Banque Nationale Inc., Canaccord Genuity Corp., Desjardins Capital Markets , Cormark Securities Inc., Echelon Wealth Partners Inc., iA Private Management Inc., Laurentian Bank Securities Inc. and Raymond James Ltée (collectively, the “Underwriters”). The REIT has granted the underwriters an over-allotment option to purchase up to an additional 1,443,000 Units at the offering price for additional gross proceeds to the REIT of $18,759,000 if exercised in full. The over-allotment option may be exercised for a period of 30 days from the closing date of the Offer.

The REIT intends to make its first distribution on June 15, 2022 for the period from the closing of the Offer to May 31, 2022 to unitholders of record on May 31, 2022which is estimated at $0.0294 per unit. The REIT intends to pay subsequent monthly distributions of an estimated amount of $0.035 per unit starting on or about July 15, 2022.

Osler, Hoskin & Harcourt LLP, is acting as Canadian counsel to the REIT and Clifford Chance US LLP is acting as US counsel to the REIT. Torys LLP is acting as Canadian and US counsel to the Underwriters.

No securities regulatory authority has approved or disapproved of the contents of this press release. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “US Securities Act”), as amended, or any state securities law, and may not be offered , sold or delivered, directly or indirectly, in United States or to, or on behalf of, or for the benefit of “U.S. Persons” (as defined in Regulation S of the U.S. Securities Act, as amended), except pursuant to certain exemptions from the registration requirements of the United States securities law and applicable state securities laws. This press release does not constitute an offer to sell or a solicitation of an offer to buy securities of United States or to, or on behalf of or for the benefit of U.S. Persons.

About Dream Residential REIT

Dream Residential REIT is a newly formed, unincorporated, open-ended real estate investment trust governed by the laws of the Province of Ontario. The REIT has an initial portfolio of 16 garden-style multi-residential properties, comprised of 3,432 units primarily located in three markets in the Sunbelt and Midwest regions of United States. For more information, please visit https://dream.ca/investors/dream-residential-reit/

Forward-looking information

This press release may contain forward-looking information within the meaning of applicable securities laws. Forward-looking information can generally be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “should”, “expect”, “intend”, ” estimates”, “anticipates”, “believes”, “should”, “plans” or “continues”, or similar expressions suggesting future results or events. Some of the specific forward-looking information contained in this press release may include, among other things, statements regarding the initial distribution, expectations regarding the monthly distribution rate per Unit, the exercise of the Over-Allotment Option and the timing of the registration of shares. on the Toronto Stock Exchange. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dream Residential REIT’s control, which could cause actual results to differ materially from those that are disclosed or implied by such forward-looking information. information search. These risks and uncertainties include, but are not limited to, global and local economic and business conditions; the uncertainties surrounding the COVID-19 pandemic; risks associated with unexpected or ongoing geopolitical events; the risks inherent in the real estate sector; funding risks; and fluctuations in interest rates and exchange rates. Our objectives and forward-looking statements are based on certain assumptions, including that the general economy remains stable, that there are no unforeseen changes in the legislative and operating environment of our business, that we will have access to adequate capital to fund our future projects and plans and that we will receive funding on acceptable terms; interest rates remain stable and geopolitical events will not disrupt global economies. All forward-looking information contained in this press release speaks as of the date of this press release. Dream Residential REIT does not undertake to update this forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions and the risks and uncertainties can be found in Dream Residential REIT’s final detailed prospectus, including under the heading “Risk Factors”.

SOURCE Dream Residential Real Estate Investment Trust

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Morguard North American Residential Real Estate Investment Trust (OTCMKTS:MNARF) PT raised to C$6.50 https://talktalkchina.com/morguard-north-american-residential-real-estate-investment-trust-otcmktsmnarf-pt-raised-to-c6-50/ Sat, 30 Apr 2022 13:28:08 +0000 https://talktalkchina.com/morguard-north-american-residential-real-estate-investment-trust-otcmktsmnarf-pt-raised-to-c6-50/ Morguard North American Residential Real Estate Investment Trust (OTCMKTS: MNARF – Get a rating) had its price target raised by TD Securities from C$6.00 to C$6.50 in a research report sent to investors on Friday morning, Fly reports. Separately, Royal Bank of Canada raised its price target on Morguard North American Residential Real Estate Investment […]]]>

Morguard North American Residential Real Estate Investment Trust (OTCMKTS: MNARFGet a rating) had its price target raised by TD Securities from C$6.00 to C$6.50 in a research report sent to investors on Friday morning, Fly reports.

Separately, Royal Bank of Canada raised its price target on Morguard North American Residential Real Estate Investment Trust from C$22.00 to C$23.00 in a Thursday, February 17 report.

OTCMKTS: MNARF opened at $15.20 on Friday. Morguard North American Residential Real Estate Investment Trust has a 52 week low of $12.71 and a 52 week high of $16.03. The stock’s fifty-day moving average is $15.43 and its two-hundred-day moving average is $14.62.

About Morguard North American Residential Real Estate Investment Trust (Get a rating)

The REIT is an unincorporated, open-ended real estate investment trust formed under and governed by the laws of the Province of Ontario. The REIT’s units trade on the Toronto Stock Exchange under the symbol MRG.UN. With a strategic focus on acquiring high-quality multi-unit residential properties in Canada and the United States, the REIT maximizes long-term unit value through active asset and property management.

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Kelly Legal Group Discusses Residential Real Estate Transactions https://talktalkchina.com/kelly-legal-group-discusses-residential-real-estate-transactions/ Fri, 29 Apr 2022 21:27:41 +0000 https://talktalkchina.com/kelly-legal-group-discusses-residential-real-estate-transactions/ This quarter, Kelly Legal Group (KLG) highlights another milestone of achievement in its real estate department and discusses its residential real estate services, aimed at helping home buyers and sellers achieve better results. Founded as a boutique firm specializing in corporate and real estate law, Kelly Legal Group (KLG) of Austin, Texas has since expanded […]]]>

This quarter, Kelly Legal Group (KLG) highlights another milestone of achievement in its real estate department and discusses its residential real estate services, aimed at helping home buyers and sellers achieve better results.

Founded as a boutique firm specializing in corporate and real estate law, Kelly Legal Group (KLG) of Austin, Texas has since expanded to offer a wide range of specialized legal services aiming to get customers the results they deserve.

With winter in the rearview mirror, the weather isn’t the only thing warming up in the Austin, TX area. The real estate market too. This quarter, Kelly Legal Group (KLG) highlights another milestone of achievement in its real estate department and discusses its residential real estate services, aimed at helping home buyers and sellers achieve better results.

Residential real estate challenges in Austin, TX

The real estate industry across Texas is dynamic, having undergone significant evolution in recent years. From COVID challenges to supply and demand imbalances, many sellers and prospective home buyers have found navigating these turbulent waters a challenge.

Kelly Legal Group’s residential real estate attorneys help clients handle everything from buying a new home to prominent estate claims and even landlord and tenant disputes.

Property law can be complex and nuanced, requiring specialist legal representation to ensure clients’ best interests are always a top priority. KLG’s real estate department has assisted countless clients with simple transactions, complex real estate disputes and more, providing a full range of real estate law services at their disposal.

Residential real estate is doing better

In another of its successful real estate cases, KLG was recently commissioned by an out-of-town seller to sell a duplex in one of Austin’s hottest real estate markets and neighborhoods. With the owner located in New York, they knew they would need specialized on-the-ground expertise in Austin to achieve their goals.

With decades of experience and expertise, as well as a strong track record of success with his clients, this New York resident turned to Kelly Legal Group for help. Drawing on decades of combined experience in the local market, KLG was able to secure a full asking price for the property (well over $500,000), with an ‘all cash’ offer and closing within 3 months. .

Complete residential real estate services

Understanding the complex nature of Austin’s real estate market gives KLG an edge, as does its comprehensive real estate department. Capable of handling all aspects of real estate transactions, KLG excels where other brokers or agents fail.

Residential real estate services under one roof:

  • Lists of properties that “appear” on the page
  • Eye-catching property descriptions that excite buyers
  • Property visits, guided tours and open houses led by talented professionals
  • Aggressive negotiation to achieve desired terms of sale
  • Detailed and meticulous contract drafting to cover all legal bases
  • Management and animation of the closing
  • Commercial leases
  • Contract disputes
  • Deed transfers
  • Eminent Domain
  • Evictions
  • Seizures
  • Landlord-Tenant Conflicts
  • Legal documents
  • Loan modifications
  • Real estate privileges
  • Purchase and sale contracts
  • Real estate disputes
  • Real estate litigation
  • Representation of title disputes
  • Transfer of title

About Kelly Legal Group

Based in Austin, TX, Kelly Legal Group was founded by Jeff Kelly as a real estate and corporate law firm. Since its inception, the firm has added several practice areas, including aviation, personal injury and business law.

Those interested in learning more about KLG or scheduling a consultation regarding a real estate transaction, listing, sale or representation are encouraged to communicate via the official website or by calling 512-505-0053.

Media Contact
Company Name: Kelly Legal Group
Contact person: Pam Parma
E-mail: Send an email
Call: 512-294-9410
Address:4934 W. Highway 290
City: Sunset Valley
State: Texas
Country: United States
Website: https://www.kellylegalgroup.com/

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Residential Real Estate Sellers Market Despite Interest Rates: Royal LePage https://talktalkchina.com/residential-real-estate-sellers-market-despite-interest-rates-royal-lepage/ Tue, 19 Apr 2022 18:50:25 +0000 https://talktalkchina.com/residential-real-estate-sellers-market-despite-interest-rates-royal-lepage/ Breadcrumb Links Real estate Local News In central Montreal, the median price of a single-family detached home rose 14.3% year-over-year to nearly $1.063 million. Author of the article:]]>

In central Montreal, the median price of a single-family detached home rose 14.3% year-over-year to nearly $1.063 million.

Content of the article

TORONTO — Despite rising real estate prices, expected further increases in interest rates and general economic uncertainty, conditions remain favorable for home sellers, according to brokerage firm Royal LePage.

Content of the article

Residential real estate prices in Canada jumped 25.1% in the first quarter compared to the same period last year, Royal LePage said Tuesday in its House Price Survey. The overall price for a Canadian home was $856,900, Royal LePage said.

In the Greater Montreal area, aggregate home prices jumped 18.5% year-over-year to $571,400 in the first quarter, compared to $327,200 in Quebec City. The median price of a detached single-family home in Greater Montreal rose 19.8% to $636,200, while that of a condominium rose 17.7% to $446,700.

In central Montreal, the median price of a single-family detached home rose 14.3% year-over-year to nearly $1.063 million.

The first quarter increases led Royal LePage to raise its forecast for 2022. The brokerage firm now expects property prices in the Montreal area to reach $599,200 in the fourth quarter of 2022, 12.5% ​​higher than at the end of 2021.

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New supply boosts residential property profits | Business https://talktalkchina.com/new-supply-boosts-residential-property-profits-business/ Mon, 18 Apr 2022 10:22:00 +0000 https://talktalkchina.com/new-supply-boosts-residential-property-profits-business/ Illustrative image (Source: VNA) Hanoi (VNA) – Residential real estate is one of the segments considered by Vietnam Report Joint Stock Company (Vietnam Report) to have high growth potential in the real estate market. As a result, new supply and the expectation of a high floor price will increase profit margins for real estate companies. […]]]>
Illustrative image (Source: VNA)

Hanoi (VNA) – Residential real estate is one of the segments considered by Vietnam Report Joint Stock Company (Vietnam Report) to have high growth potential in the real estate market. As a result, new supply and the expectation of a high floor price will increase profit margins for real estate companies.

According to Vietnam Report, the supply and demand factors have increased, due to low interest rates.

Around 3,500 new apartments have gone on sale in Hanoi housing market in the first quarter of this year. Mid-priced apartments remained the most popular product on the market, representing 66% of new supply during the period. Demand exceeded new supply with 4,200 units sold.

CBRE real estate consultants predict that 26,000 to 28,000 units will be offered this year and that most of the new supply will come from urban areas.

As market sentiment remains positive, over 90% of new supply will be sold and the primary price will rise at a more moderate rate of 5-8% this year.

Experts from Mirae Asset Vietnam Securities Company agreed, saying supply will improve significantly for the apartment segment this year.

The supply of new housing in Ho Chi Minh City is expected to reach more than 20,000 units this year, mainly thanks to the delivery of existing projects. A series of projects in the city’s suburbs plan to open for sale this year, creating supply for the following years.

Analysts thought the faster opening of new projects would boost corporate earnings this year.

For example, Viet Capital Securities Company (VCSC) expects the Classia and Clarita projects to contribute around 90% of the expected earnings in 2022 for Khang Dien House Trading & Investment Joint Stock Company.

As for Nova Real Estate Investment Group Company, it plans to open for sale a new project in Dong Nai and two new hotel projects in the central coastal and central highlands regions this year and the following stages. Expansion in the southern and central regions will be medium-term while investment in the northern market will be long-term.

Along with new projects showing positive signs of supply in the near future, the fact that the real estate market has shown no signs of slowing down may also help boost corporate profit margins.

According to a survey by real estate site Batdongsan.com.vn, in the first months of this year the price level of many types of real estate showed no signs of stabilizing, although it simultaneously increased in 2021. The price of building materials has continued to rise in a short time is also one of the factors contributing to the high price of real estate, even setting new floor prices in certain segments.

Data from the website revealed that in January, apartment prices in Hanoi and Ho Chi Minh City increased by 4.6% and 1.8%, respectively, compared to the average price for the whole of 2021. ./.

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