Category: Real Estate News

Kim Särs to head Trevian’s new residential real estate business Trevian Asset Management Oy is expanding its business to residential real estate. Kim Särs, LL.M., has been appointed Director of the business area to be established, and a member of the management team: “We are currently looking for projects that are seeking funding.” Prior to joining Trevian on June 1, 2020, Kim Särs has worked at LocalTapiola Group for 14 years. Since 2014, he has served as CEO of alternative funds and before that as Real Estate Fund Director. The maximum value of the managed assets was EUR 1.8 billion. “For me, building is part of development of society, and it needs to be diverse in terms of services. The development of meeting places, especially for young people, is not only important, but also a prerequisite for the development of creativity. There are a lot of one person households today,150

Recent trend of purchasing side-by-side residences to create the feeling of an estate home but with amazing ocean views and an amenity-rich lifestyle Turnberry Associates, one of America’s premier real estate development and property management companies, announced today that its luxury residential development Turnberry Ocean Club Residences is already half sold — even though the building is now just going vertical. The strong sales in advance of verticality underscore the appeal of the luxury and amenity-rich offering that Turnberry Associates has brought to the market. One distinguishing trend is buyers purchasing multiple residences to create family estates in the sky. With unparalleled amenities like a sky club, spa, kids club and more, Turnberry Ocean Club offers something for the entire family. The project is anticipated to be completed next year, near the end of 2019. “We are thrilled to be 50% sold at this point in our development. It’s quite150

 Angels Landing Partners LLC, a 100% minority-owned team comprised of the Peebles Corporation, MacFarlane Partners and Claridge Properties, has been selected by the City Council of the City of Los Angeles, California to manage development of the coveted Angels Landing Site, and will build the tallest building in the Western US as part of the plan. “Our team is inspired by the great opportunity to transform the Los Angeles skyline with our iconic building, enhance residential life downtown, and forever change how large buildings are built in Los Angeles by ensuring that all residents and businesses receive equal access to career and business opportunities. We look forward to working with the City of Los Angeles and their team, Council member Jose Huizar and the Chief Legislative Analyst, Oscar Ixco,” said Don Peebles, Chairman and CEO of the Peebles Corporation. Following a unanimous approval from the City of Los Angeles Economic150

Illinois home prices climb higher in November; sales shift lower Home prices Climb Higher In Illinois. Total existing-home sales , completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.9 percent from October to a seasonally adjusted rate of 5.32 million in November. Sales are now down 7.0 percent from a year ago (5.72 million in November 2017).

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There’s one ‘huge’ opportunity in US property, CEO says Buy to let is now a “huge” investment opportunity in the U.S. as single-family rentals surge, says John Burns, CEO of John Burns Real Estate Consulting. Surging home sales. “Something happened in the middle of September where the country woke up and started buying homes again.” Single-family renting. “The biggest shift we have seen in the last six years is these new, professionally managed single-family rental companies who have now made it a very reasonable thing to do…Almost 12% of America is renting a single-family home. Instead of renting it from some person who might be on vacation, you actually have a real company now who will take care of you as a landlord.” The Fed. “They used the housing market as a tool to get us through the 2001 recession if you remember. Housing is not being overbuilt right now, and so if150

The Iceberg Report is an annual report on the American Single-Family Residential Investment Market REAL Trends, Inc., the Trusted Source in residential brokerage and Andrew Waite of NEXZUS Publishing Group announces the release of The Iceberg Report, an annual report and analysis of the American Single-Family Residential Investment Industry. Some 23 percent of one- to four-family residential homes in the United States are owned by investors. The Iceberg Report details the size of the single-family residential market, as well as the demographics, attitudes and behaviors of owners of single-family investment homes and uncovers the companies that serve this market. The implications of investors owning and holding single family residential real estate as an investment have enormous implications for the future of housing, rentals and homeownership at large as well as housing affordability. “The Iceberg Report confirms what we suspected,” says Steve Murray, president of REAL Trends. “More successful investors rely150

Cost of Living   The Cost of Living Page The cost of living calculator  allows you to see where different cities rank in various cost categories. See below for an example of NYC and Chicago. As you can see, two of the most heavily marketed cities for recent grads have significant above-average cost of living rates.

Zillow. Trulia. Realtor.com. Redfin. All household names in the real estate listings world, right? Well, those companies now have some serious competition from a company that boasts an audience that dwarfs all of those sites put together – Facebook. That’s right. Facebook is coming to real estate listings. Now, anyone who’s “friends” with a real estate agent on Facebook is likely used to seeing real estate listings show up in their news feed, but it appears that Facebook has much bigger plans for real estate listings through its own platform.   real estate on Facebook