Bergman Real Estate Group Announces 77 LeaseTransactions in the First Half of 2022 – Real Estate Weekly
Bergman Real Estate Group, a full-service real estate investment and management company based in Woodbridge, New Jersey, today announced a total of 77 lease transactions between January and June 2022. “This impressive rate of transactions –is on pace to exceed 2021 and demonstrateshow we are committed to bringing the best available amenities and services to […]
Zillow Group expects real estate industry to ‘meaningfully contract’ in second half of 2022 – GeekWire
Zillow Group CEO Rich Barton. (Geekwire File Photo / Kevin Lisota) Zillow Group expects revenue from its core Premier Agent business unit to decrease more than 20% year-over-year in the third quarter due to housing trends. The Seattle company beat expectations for its second quarter earnings, reporting $1 billion in revenue and GAAP net income […]
Husband and Wife Real Estate Team Sentenced for Wire Fraud – Department of Justice
ABINGDON, Va. – A husband and wife realtor team from Wise were sentenced today on federal wire fraud charges related to their scheme to create fake residential sales contracts in order to obtain advance sales commissions to which they were not entitled. Jessee Allen DeLoach, 40, pled guilty in February 2022 to one count of […]
Compass Real Estate – Houston Chronicle
Luxury real estate firm Compass Real Estate has snagged a new key leader for its high-profile River Oaks area office as the firm continues to grow in Houston. The residential real estate brokerage has hired veteran real estate professional Theresa Hill as sales manager helping to lead 300 agents at its Westheimer office just outside […]
Commercial real estate outlook in California a mixed back – Mortgage Professional
Continued uncertainty dampens office market sentiment The pandemic reared its ugly head across the office market, reversing an erstwhile optimistic trajectory given continual delays among many employees in returning to the workplace, according to the findings. Investors’ resistance rooted in pandemic-fueled uncertainty about near-term economic prospects contributed to a downturn in Southern California, with a […]
How to Navigate the Slowdown in Life Sciences Real Estate – Commercial Observer
It’s no secret that the COVID-19 pandemic was a massive driver of demand for laboratory, incubator and biomanufacturing space from life sciences companies and real estate investors alike. The sector’s unique characteristic — vital research cannot be conducted anywhere except in a lab — gave it the ability to circumvent lockdown and work-from-home mandates, fueling […]
Commercial real estate deals from the Oklahoma City metro area – Oklahoman.com
Price Edwards & Co. reports these commercial real estate deals: ⋅ RT Development LLC paid BancFirst Corp. $6,000,000 for a 106,053-square foot office building at 101 N Broadway Ave. Tre Dupuy, Craig Tucker, and Ian Self handled the transaction. ⋅ Gill Brothers paid Baker Energy Services $3,500,000 for a 12,000-square-foot industrial building on 35 acres […]
Metaverse Real Estate Gets Reality Check – The Real Deal
Metaverse real estate values are plummeting (Photo Illustration by The Real Deal with Getty Images) The digital environs of the metaverse are not enough to protect virtual property owners from a downturn towards reality. After surging in the fall, metaverse real estate values are plummeting, The Information reported. The drop in value and sales volume […]
Mesirow Institutional Real Estate Direct Investments Enhances Acquisition Team – PR Newswire
Firm hires Will Beam as Managing Director, Acquisitions in Institutional Real Estate Direct Investments, responsible for overseeing all aspects of the acquisition process CHICAGO, Aug. 4, 2022 /PRNewswire/ — Mesirow, an independent, employee-owned financial services firm, today announced Will Beam has joined as a Managing Director, Acquisitions in Mesirow Institutional Real Estate Direct Investments. Leveraging […]
Real estate’s Kirsten Jordan on today’s selling urgency amid recession fears: ‘Affordability crisis’ – Fox Business
Real estate broker Kirsten Jordan explains what homebuyers should do in the housing market as purchase activity decreases More and more Americans are looking to sell their homes given the state of the economy, which is technically in a recession right now. Last week, Google searches for “sell my home fast” spiked 2,750%, according to […]
