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Tag: commercial real estate news

02/06/2023Real Estate News

Elon Musk set the alarm on house prices and commercial real estate this week. Here’s why he’s worried about a property disaster.

Elon Musk

Elon Musk says commercial real estate is “melting down fast.”Patrick Fallon/Reuters

  • Elon Musk warned this week that commercial real estate is in meltdown and house prices will slump.

  • The Tesla chief blamed the Fed’s interest-rate rises for putting pressure

…
20/05/2023Real Estate News

Rising Mortgage Approvals a Sign of Positive Market Growth

According to the most recent data released by the Bank of England, the number of mortgage approvals rose for the first time in six months between January and February of this year.

This period saw a rise from 39,647 to

…
19/05/2023Real Estate News

The Best Areas of Harlow to Invest in Buy-to-Let

Property Investment in Harlow

Population: 82,000 approximately
Average House Price: £354,000

As Harlow was originally a post-war new town property most types are relatively new build properties from the 1950s onwards, with many originally built as social housing.

…
17/05/2023Real Estate News

Real Estate Secondaries May Offer Relief

Businessman using laptop to search, Planning and investing in real estate, Property management concept

kitzcorner

By Scott Koenig

We believe slowing activity in direct property markets will increasingly push real estate funds LPs and GPs to seek liquidity in the secondary market.

The sharp rise in interest rates and macroeconomic uncertainty over the past

…
11/05/2023Real Estate News

Clever Real Estate Secures $2 Million From Strategic Investors – Essent Group (NYSE:ESNT)

Clever Real Estate is on track to achieve profitability in the second half of the year, demonstrating its commitment to financial discipline and long-term success.

st. LOUIS, May 10, 2023 /PRNewswire/ — Clever Real Estatea fast-growing real estate

…
30/04/2023Real Estate News

Silk Road Real Estate Issues 3 years US$ 20 million Bond

Published: Apr. 25, 2023 at 9:15 AM MDT

TBILISI, Georgia, April 25, 2023 /PRNewswire/ — Silk Road Real Estate, a leading Georgian real estate management company, has today issued a US$ 20 million bond – the first of

…
28/04/2023Real Estate News

Sumitomo Corporation of Americas Establishes SCOA Real Estate Partners

New Real Estate Investment Firm Focused on Development of Residential Properties
and Logistics Facilities

NEW YORK, April 27, 2023 /PRNewswire/ — Sumitomo Corporation of Americas (“SCOA”), the largest subsidiary of Sumitomo Corporation (SC), today announced the establishment of a

…
22/04/2023Real Estate News

Real estate expert shreds Biden rule punishing homebuyers with good credit: ‘It’s madness’

Managing director Mitch Roschelle of Madison Ventures+ reacts to Biden’s mortgage overhaul for homebuyers and analyzes the real estate market on ‘Varney & Co.’

A new rule from the Biden administration will have good-credit home buyers paying more monthly to

…
09/04/2023Real Estate News

What To Do If Your Property Just Won’t Sell

Sell ​​your house to a house-buying company

House-buying companies can be a guaranteed way to sell your house. House-buying companies generally work like this: Once you contact them they agree with you, firstly, a fixed price for your property, and

…
05/04/2023Real Estate News

How landlords can make the most of the upcoming EPC regulation changes

There has been a lot of talk in the rental sphere lately of the ‘exodus of landlords from the BTR market’. While it cannot be ignored that landlords are now facing higher borrowing costs and less generous tax treatment, it’s

…

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