Real Estate http://www.benzinga.com/views/taxonomy/term/142057 en There Is A New Way To Sell Real Estate In Ontario http://www.benzinga.com/pressreleases/17/11/g10827569/there-is-a-new-way-to-sell-real-estate-in-ontario <link type="text/css" rel="stylesheet" href="http://www.globenewswire.com/styles/gnw_nitf.css" /> <p>TORONTO, Nov. 23, 2017 (GLOBE NEWSWIRE) -- Toronto has seen its first online real estate auction conclude – and it was a success.<br /></p> <p>On The Block, an innovative GTA based real estate company, conducted the auction on its online platform at <a href="https://www.globenewswire.com/Tracker?data=_OcGlXKkwlJt23eEmh57PGs6FdDqu7N_g4nUB7SSiEiSQUK9uinR-H4zNMS9jqbwpFCeI69bU36Hp1XHcnAxlqg3d4YR9tslof0tLaskBPQ=" rel="nofollow" target="_blank" rel="nofollow">www.getontheblock.com</a> on Tuesday evening. The preconstruction condo near Yonge/Eglinton had been listed for a couple of weeks before bidding was opened to the public. </p> <p>In total, 17 registered bidders were signed up for the auction, and until the final hammer dropped, there were dozens of people watching the action unfold online.</p> <p>With five minutes left on the clock, a bid came in. The clock extended another 15 minutes, giving all bidders the opportunity to consider increasing the price. When the dust settled, after one more extension of the clock, the bidding closed at $415,000, a large increase from the opening bid of $399,000. The eventual buyer and the seller were very pleased with the process.</p> <p>"It came to the wire, and we got the best price from all the bidders, and a price that made our seller quite ...</p><p><a href=http://www.benzinga.com/pressreleases/17/11/g10827569/there-is-a-new-way-to-sell-real-estate-in-ontario alt=There Is A New Way To Sell Real Estate In Ontario>Full story available on Benzinga.com</a></p> Press Releases General Real Estate Press Releases General Real Estate Benzinga Thu, 23 Nov 2017 11:45:00 +0000 Globe Newswire 10827569 at http://www.benzinga.com Urbanimmersive Announces the Signature of a Partnership Agreement With Finaccès Capital and Proposed Offering of Units http://www.benzinga.com/pressreleases/17/11/g10825570/urbanimmersive-announces-the-signature-of-a-partnership-agreement-with <link type="text/css" rel="stylesheet" href="http://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">LAVAL, Quebec, Nov. 22, 2017 (GLOBE NEWSWIRE) -- Urbanimmersive Inc. ("Urbanimmersive," or the "Corporation") (TSX:<a class="ticker" href="http://www.benzinga.com/stock/UI#TSX" rel="nofollow">UI</a>), the real estate content marketing platform, is pleased to announce the signing of a of three-year partnership agreement  with Finaccès Capital for the financing of Urbanimmersive&#039;s platform integrated credit-line payment solution as well as a proposed offering of units.<br /></p> <p align="justify"><strong>Partnership Agreement with Finaccès Capital</strong></p> <p align="justify">On November 21, 2017, Urbanimmersive entered into a three-year partnership agreement (the "Agreement") with Finaccès Capital, a company providing short-term financing, for the financing of Urbanimmersive&#039;s integrated credit-line payment solution (the "Solution"). The Solution has proved to be a strategic and essential feature in the growth and development of the Corporation&#039;s affiliate program such as recently announced ID-3, GraphicID and others.  The Solution provides Urbanimmersive&#039;s affiliate partners with the ability to keep offering usual business payment terms, thereby easing the transition of all their service transactions into Urbanimmersive&#039;s real estate marketing content platform.  The Solution has also shown to be an effective market differentiator helping to attract and retain users as opposed to freelancer platforms that only offer credit-card payment systems. </p> <p align="justify">The Solution provides the same flexibility as a standard credit card payment system with the exception that it is only available for services sold and invoiced by Urbanimmersive&#039;s platform. Urbanimmersive  charges users of its Solution an average monthly interest of 2% (24% annually) on payment balance.  </p> <p align="justify">Urbanimmersive&#039;s affiliate program is offered to visual content providers ready to use Urbanimmersive&#39;s content marketing platform for 100% of their real estate business transactions with existing and new customers.</p> <p align="justify">"This agreement provides Urbanimmersive with the ability to engage in discussions with new potential affiliate partners with the confidence that we will be able to support their usual payment terms when transferring their customer transactions into our platform. Finaccès Capital has a deep expertise in the real estate financing space and also has the capacity to support multi-millions funding if justified and needed by the success of Urbanimmersive&#039;s affiliate programs", stated Ghislain Lemire, CEO of Urbanimmersive.</p> <p align="justify">Under the terms of the Agreement, Urbanimmersive will share revenue generated from monthly interests charged on payment balances with Finaccès Capital. Finaccès Capital will provide the Corporation access to a first tranche of $350,000 upon signing of the Agreement, subject to an increase of such amount based on results obtained by the Solution and Urbanimmersive&#039;s growth needs. The completion of the Agreement and the disbursement of the first tranche are conditional upon the completion of a minimum ...</p><p><a href=http://www.benzinga.com/pressreleases/17/11/g10825570/urbanimmersive-announces-the-signature-of-a-partnership-agreement-with alt=Urbanimmersive Announces the Signature of a Partnership Agreement With Finaccès Capital and Proposed Offering of Units>Full story available on Benzinga.com</a></p> Partnerships TSX:UI UI Press Releases Real Estate UI TSX:UI Press Releases Real Estate Benzinga Wed, 22 Nov 2017 19:25:43 +0000 Globe Newswire 10825570 at http://www.benzinga.com Existing Home Sales Rise In October: Will The Rally Last? http://www.benzinga.com/news/17/11/10824346/existing-home-sales-rise-in-october-will-the-rally-last <p style="text-align: justify;">Sales of previously owned homes increased in October for the second straight month, marking the best performance since June. However, low inventory is limiting the choice of prospective buyers and keeping price growth elevated.</p> <p> Shares of prominent homebuilders such as D.R. Horton Inc. DHI, Lennar Corporation LEN, Toll Brothers Inc. TOL, KB Home KBH, PulteGroup, Inc. PHM, escalated yesterday after the release.</p> <p> <strong>October Existing Home Sales Data</strong></p> <p> As revealed by the National Association of Realtors (NAR), existing-home sales increased 2% in October to a seasonally adjusted annual rate of 5.48 million units from 5.37 million in September. However, sales declined 0.9% from the year-ago level, marking the second consecutive year-over-year decline primarily due to shortage of supply. Moreover, the housing industry is yet to recover from the natural disaster that ravaged parts of Texas and Florida.</p> <p> Meanwhile, October&#39;s median sales price grew 5.5% from the comparable period a year ago to $247,000, marking the 68th straight month of year-over-year gains.</p> <p> Again, inventory continues to slip, leaving less homes for future sales. The supply of existing homes decreased 3.2% from September and 10.4% from the year-ago period. It would take just 3.9 months to deplete the current supply of homes in the market, according to NAR. This is also the lowest October reading since the group began tracking the data in 1999.</p> <p> <strong>Will the Momentum Continue?</strong></p> <p> The U.S. housing industry is gradually recovering from damages caused by the recent hurricanes in the South. Again, limited land availability is driving ...</p><p><a href=http://www.benzinga.com/news/17/11/10824346/existing-home-sales-rise-in-october-will-the-rally-last alt=Existing Home Sales Rise In October: Will The Rally Last?>Full story available on Benzinga.com</a></p> contributor contributors DHI Home Sales KBH LEN News NVR PHM TOL TPH Econ #s Real Estate DHI US23331A1097 KBH US48666K1097 LEN US5260571048 NVR US62944T1051 PHM US7458671010 TOL US8894781033 TPH News Econ #s Real Estate Benzinga Wed, 22 Nov 2017 16:53:44 +0000 Zacks 10824346 at http://www.benzinga.com Homeowners' Mobility At 30-Year Low http://www.benzinga.com/news/17/11/10821970/homeowners-mobility-at-30-year-low <p>Should I stay or should I go? With apologies to The Clash, that&#39;s the question many homeowners are asking themselves. Does it make more sense to renovate your current home, or should you look for a home that is a better fit for your current needs?</p> <div> <p>Data from the National Association of Realtors (NAR) suggests that people are choosing the former &ndash; or at least rejecting the latter. For two years in a row, the median home duration (the amount of time homeowners have lived in their current home) has been ten years &ndash; the highest median home duration value in the 32 years that the NAR has been collecting mobility data.</p> <p>Data from the US Census backs up this premise, showing a long slow trend of declining moving rates. Approximately 11.2% of Americans moved between 2015 and 2016, the lowest value since the Census Bureau began collecting data in 1948.</p> <p>Low mobility numbers may represent increased contentment with existing homes, but it probably is more representative of the many challenges faced by homebuyers &ndash; both new homebuyers attempting to enter the market and current homeowners attempting to upgrade.</p> <p>The biggest challenge is <a href="https://www.moneytips.com/finding-the-right-size-home" target="_blank">finding a home to buy</a>. Currently, ...</p></div><p><a href=http://www.benzinga.com/news/17/11/10821970/homeowners-mobility-at-30-year-low alt=Homeowners&#039; Mobility At 30-Year Low>Full story available on Benzinga.com</a></p> contributor contributors homeowners News Econ #s Real Estate News Econ #s Real Estate Benzinga Wed, 22 Nov 2017 16:39:37 +0000 moneytips 10821970 at http://www.benzinga.com CCIM Institute Appoints Gregory J. Fine, FASAE, CAE, to Serve as EVP/CEO http://www.benzinga.com/pressreleases/17/11/g10819845/ccim-institute-appoints-gregory-j-fine-fasae-cae-to-serve-as-evpceo <link type="text/css" rel="stylesheet" href="http://www.globenewswire.com/styles/gnw_nitf.css" /> <p>Chicago, Nov. 21, 2017 (GLOBE NEWSWIRE) -- </p><p>CCIM Institute, one of the largest commercial real estate networks in the world with chapters in more than 30 global markets, has named Gregory J. Fine, FASAE, CAE, to serve as Executive Vice President/Chief Executive Officer starting February 1, 2018. Fine&#039;s appointment ends a yearlong search for a new EVP/CEO to lead the 13,000-member association.</p> <table border="0"> <tr> <td> <table width="205" cellspacing="6" class="gnw_news_media_box" cellpadding="1" border="0"> <tr> <td class="gnw_media_bgcolor"> <table width="100%" align="center" border="0" cellspacing="0" cellpadding="0"> <tr> <td colspan="2"><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/86da255c-7eae-44cb-8940-2fff852b8e36/en" rel="nofollow"><img src="https://resource.globenewswire.com/Resource/Download/86da255c-7eae-44cb-8940-2fff852b8e36?size=2" border="0" width="200" height="300" alt="0_int_GregoryFine.jpg" /></a></td> </tr> </table> </td> </tr> </table> <p> <br /><br /></p> <table width="305" cellspacing="6" class="gnw_news_media_box" cellpadding="1" border="0"> <tr> <td class="gnw_media_bgcolor"> <table width="100%" align="center" border="0" cellspacing="0" cellpadding="0"> <tr> <td colspan="2"><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/ed4dca57-b369-441f-ac39-fd92ec135698/en" rel="nofollow"><img src="https://resource.globenewswire.com/Resource/Download/ed4dca57-b369-441f-ac39-fd92ec135698?size=2" border="0" width="300" height="173" alt="2_int_CCIM_50th-Logo_print_for-light-bg.png" /></a></td> </tr> </table> </td> </tr> </table> <p> <br /><br /> </p></td> </tr> </table> <p> </p> <p>Appointed by CCIM Institute&#039;s Executive Committee, Fine brings more than 21 years of association experience, serving most recently as chief executive officer of Turnaround Management Association (TMA). Prior to his role with TMA, Fine served as vice president of marketing and communications for the Association for Corporate Growth® (ACG).</p> <p> </p> <p>"We are thrilled at identifying and recruiting such a highly skilled professional as Greg Fine. He brings a stellar reputation and diverse background that makes him the ideal fit for an organization as dynamic and diverse as CCIM Institute," says 2017 CCIM Institute President Robin L. Webb, CCIM. ...</p><p><a href=http://www.benzinga.com/pressreleases/17/11/g10819845/ccim-institute-appoints-gregory-j-fine-fasae-cae-to-serve-as-evpceo alt=CCIM Institute Appoints Gregory J. Fine, FASAE, CAE, to Serve as EVP/CEO>Full story available on Benzinga.com</a></p> News Management Economics Press Releases Real Estate News Management Economics Press Releases Real Estate Benzinga Tue, 21 Nov 2017 20:15:27 +0000 Globe Newswire 10819845 at http://www.benzinga.com Dream Office REIT November 2017 Monthly Distribution http://www.benzinga.com/pressreleases/17/11/g10819445/dream-office-reit-november-2017-monthly-distribution <link type="text/css" rel="stylesheet" href="http://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">TORONTO, Nov. 21, 2017 (GLOBE NEWSWIRE) -- <strong>DREAM OFFICE REIT </strong>(TSX:<a class="ticker" href="http://www.benzinga.com/stock/D#TSX" rel="nofollow">D</a>) today announced its November 2017 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The November distribution will be payable on December 15, 2017 to unitholders of record as at November 30, 2017.</p> <p align="justify">Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is focused on owning, acquiring, leasing ...</p><p><a href=http://www.benzinga.com/pressreleases/17/11/g10819445/dream-office-reit-november-2017-monthly-distribution alt=Dream Office REIT November 2017 Monthly Distribution>Full story available on Benzinga.com</a></p> News TSX:D TSX:D-UN Dividends Press Releases Real Estate TSX:D TSX:D-UN News Dividends Press Releases Real Estate Benzinga Tue, 21 Nov 2017 19:22:26 +0000 Globe Newswire 10819445 at http://www.benzinga.com Fannie Mae CEO Talks Fintech, Social Justice, Corporate Taxes http://www.benzinga.com/general/politics/17/11/10817090/fannie-mae-ceo-talks-fintech-social-justice-corporate-taxes <p><strong>Federal National Mortgage Association</strong> (OTC: <a class="ticker" href="http://www.benzinga.com/stock/fnma#OTC">FNMA</a>) CEO Timothy J. Mayopoulos&#39; tone sounded geared more toward social justice than Wall Street during a Detroit visit this week.&nbsp;</p> <p>&ldquo;The fundamental challenge of providing housing options that are affordable for working families is one that is as urgent as ever,&rdquo; Mayopoulos said Monday at the Detroit Economic Club. &ldquo; ... Everyone should have access to affordable housing, so we want to create as much access to homeownership as possible.&rdquo;</p> <h3> <strong>A Macro Perspective On &lsquo;Housing First&rsquo;</strong></h3> <p>The problem is supply, Mayopoulos said.&nbsp;</p> <p>&ldquo;Since the onset of the housing collapse, more than 1 million starter homes have been lost,&rdquo; he said. &ldquo;Between 2012 and 2015, the most affordable one-third of homes rose 38 percent in price, and the inventory dropped by 39 percent. Inventory for more expensive homes has gone up.&rdquo;</p> <p>He traces the issue to homeowners lingering in starter homes, which compounds the rising cost of lower-income housing, which has forced a reliance on rental housing, where the cost ...</p><p><a href=http://www.benzinga.com/general/politics/17/11/10817090/fannie-mae-ceo-talks-fintech-social-justice-corporate-taxes alt=Fannie Mae CEO Talks Fintech, Social Justice, Corporate Taxes>Full story available on Benzinga.com</a></p> Detroit Economic Club fannie mae FNMA Timothy Mayopoulos Politics Top Stories Interview General Real Estate FNMA US3135861090 Politics Top Stories Interview General Real Estate Benzinga Tue, 21 Nov 2017 18:56:18 +0000 Elizabeth Balboa 10817090 at http://www.benzinga.com REIT Occupancy Reaches Record High In Q3, FFO Grows Y/Y http://www.benzinga.com/real-estate/reit/17/11/10817589/reit-occupancy-reaches-record-high-in-q3-ffo-grows-yy <p>Broader macroeconomic concerns as well as a rise in Treasury yield have affected returns on REIT stocks in recent months. However, the operating performance of this special hybrid asset class was decent in the third quarter.</p> <p> In fact, per a NAREIT <a href="https://www.reit.com/data-research/reit-market-data/nareit-t-tracker-quarterly-operating-performance-series">media release</a>, occupancy rates reached a record high in the third quarter, while funds from operations (&quot;FFO&quot;), a widely used metric to gauge the performance of REITs, reported growth from the year-ago period.</p> <p> Specifically, the Q3 scorecard reveals that total FFO of $14.8 billion for the listed U.S. Equity REIT industry increased 7.8% year over year. However, the figure was 4.5% lower sequentially.</p> <p> Same-store net operating income (NOI) increased 3.2% year over year. Results were driven by segments like Manufactured Homes, Diversified, Single Family Homes, Industrial, and Data Centers, which witnessed robust same-store NOI growth of 7.1%, 7.0%, 6.8%, 4.7% and 4.2%, respectively.</p> <p> Importantly, properties owned by the listed Equity REITs enjoyed solid occupancy levels. In fact, the occupancy rate climbed 50 basis points to a record high of 94.0%.</p> <p> Notably, growth in cloud computing, Internet of Things and big data is not only helping tech companies, but also driving demand for data center REITs. Moreover, the industrial asset category has ...</p><p><a href=http://www.benzinga.com/real-estate/reit/17/11/10817589/reit-occupancy-reaches-record-high-in-q3-ffo-grows-yy alt=REIT Occupancy Reaches Record High In Q3, FFO Grows Y/Y>Full story available on Benzinga.com</a></p> contributor contributors DLR DRE EQR REG REIT Real Estate DLR US2538681030 DRE US2644115055 EQR US29476L1070 REG US7588491032 REIT Real Estate Benzinga Tue, 21 Nov 2017 17:36:22 +0000 Zacks 10817589 at http://www.benzinga.com The Bull And Bear Cases For Hudson Pacific Properties http://www.benzinga.com/analyst-ratings/analyst-color/17/11/10812770/the-bull-and-bear-cases-for-hudson-pacific-properties <p><strong>Hudson Pacific Properties Inc</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/hpp#NYSE">HPP</a>) <a href="https://www.benzinga.com/news/earnings/17/11/10272788/hudson-pacific-properties-reports-q3-eps-0-07-vs-0-05-est-adj-ffo-0-50-">reported</a> in-line earnings results Nov. 2 and the stock has rallied around 5 percent since the event.</p> <h3> <strong>The Analyst</strong></h3> <p>Goldman Sachs&#39; <a href="https://www.tipranks.com/analysts/andrew-rosivach">Andrew Rosivach</a>&nbsp;downgraded <a href="https://www.benzinga.com/stock/hpp">Hudson Pacific Properties</a> from Buy to Hold and reduced the price target from $39 to $36.50.</p> <p><strong>The Thesis</strong></p> <p>The stock is fairly valued given the slowdown in West Coast office employment growth and significant near-term leasing risk, Rosivach said in a Monday note.&nbsp;(See Rosivach&#39;s track record <a href="https://www.tipranks.com/analysts/andrew-rosivach">here</a>.)&nbsp;</p> <p>Goldman Sachs&#39; 2018 FFO ...</p><p><a href=http://www.benzinga.com/analyst-ratings/analyst-color/17/11/10812770/the-bull-and-bear-cases-for-hudson-pacific-properties alt=The Bull And Bear Cases For Hudson Pacific Properties>Full story available on Benzinga.com</a></p> Analyst Color Andrew Rosivach Cisco CSCO Goldman Sachs HPP Hudson Pacific Properties REIT Downgrades Price Target Analyst Ratings Real Estate CSCO US17275R1023 HPP US4440971095 Analyst Color REIT Downgrades Price Target Analyst Ratings Real Estate Benzinga Mon, 20 Nov 2017 20:27:18 +0000 Craig Jones 10812770 at http://www.benzinga.com Can You Buy A Home With Less Than 20% Down? http://www.benzinga.com/fintech/17/11/10813088/can-you-buy-a-home-with-less-than-20-down <p>Preparing to buy a home? You&rsquo;ve likely heard that you first need to save <a href="https://www.unison.com/blog/better-to-have-20-down-payment/">20 percent of a home&rsquo;s purchase price</a> in cash.</p> <p>That money is your down payment, or the cash you put toward buying the home. The remaining 80 percent of the home&rsquo;s price comes from the mortgage you take out with a lender.</p> <p>The lender underwrites the loan, you add the money you borrow in order to buy the home, and then you make monthly payments on your mortgage loan for the next 30 years (or until you sell and pay the loan back with the cash received from the sale).</p> <p>That&rsquo;s the traditional way of buying a home. But it&rsquo;s not the only way, which is good news for a lot of potential homeowners.</p> <h3> You Don&rsquo;t Need to Save 20 percent to Buy a Home</h3> <p>A 20 percent down payment is the recommended amount, and there are good reasons for that. But it&rsquo;s not a hard-and-fast rule. You can buy a home with less than 20 percent down.</p> <p>Many people even choose to put less than 20 percent down on a home because it means keeping more cash in their pockets (or in other investments that generate a higher return than paying down your mortgage). Homes are assets, but they&rsquo;re illiquid. Cash is liquid and much more flexible. (<a href="https://www.unison.com/home-buying/">Read more here</a>)</p> <p>Plus, a big down payment puts you at risk of losing money on your property if the home value drops between the time you bought and the time you want to sell.</p> <p>There are mortgage types and certain lenders who will approve you with as little as 3 percent down toward your home purchase. And you can still get a conventional, 30-year fixed-rate mortgage with 10 percent down.</p> <p><a href="http://utm_source=Benzinga&amp;utm_medium=sponsored&amp;utm_campaign=millennialgen"><em>Learn how a </em></a><em><a href="https://www.unison.com/homebuyer?utm_source=Benzinga&amp;utm_medium=sponsored&amp;utm_campaign=lessthan20">home ownership</a><a href="https://www.unison.com/homebuyer?utm_source=Benzinga&amp;utm_medium=sponsored&amp;utm_campaign=lessthan20"> investment makes it easier to buy a home.&nbsp;</a></em></p> <p>Here&rsquo;s a quick list of minimum required ...</p><p><a href=http://www.benzinga.com/fintech/17/11/10813088/can-you-buy-a-home-with-less-than-20-down alt=Can You Buy A Home With Less Than 20% Down?>Full story available on Benzinga.com</a></p> Fintech unison Personal Finance Real Estate Fintech Personal Finance Real Estate Benzinga Mon, 20 Nov 2017 20:12:26 +0000 Unison 10813088 at http://www.benzinga.com Analyst Loves Acadia Realty's Strategy, But Not Its Valuation http://www.benzinga.com/analyst-ratings/analyst-color/17/11/10811067/analyst-loves-acadia-realtys-strategy-but-not-its-valua <p><strong>Acadia Realty Trust</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/akr#NYSE">AKR</a>) may be a long-term winner for investors who want exposure to the next era of retail property, but one analyst says now&#39;s the time to be buying<a href="http://www.benzinga.com/real-estate/reit"> the REIT</a>.&nbsp;</p> <h3> <strong>The Analyst</strong></h3> <p>KeyBanc analyst <a href="https://www.tipranks.com/analysts/todd-thomas">Todd Thomas</a>&nbsp;downgraded Acadia from Overweight to Sector Weight.</p> <h3> <strong>The Thesis</strong></h3> <p>Acadia is well-positioned in the long-term, but there are too many near-term headwinds to justify buying the stock, Thomas said. (See Thomas&#39; track record <a href="https://www.tipranks.com/analysts/todd-thomas">here</a>.)&nbsp;</p> <p>For Acadia, 2018 will be &ldquo;a year of transition and volatility, given ongoing leasing and redevelopment initiatives, the repayment of high-yielding mezzanine loans and lower levels ...</p><p><a href=http://www.benzinga.com/analyst-ratings/analyst-color/17/11/10811067/analyst-loves-acadia-realtys-strategy-but-not-its-valua alt=Analyst Loves Acadia Realty&#039;s Strategy, But Not Its Valuation>Full story available on Benzinga.com</a></p> Acadia Realty AKR Analyst Color KeyBanc Real Estate REIT REIT Todd Thomas Downgrades Analyst Ratings Real Estate AKR US0042391096 Analyst Color REIT Downgrades Analyst Ratings Real Estate Benzinga Mon, 20 Nov 2017 18:58:23 +0000 Wayne Duggan 10811067 at http://www.benzinga.com Madison Investments Newest Luxury Condominium, Kipling House, Is Now Open Offering Contemporary Living on Capitol Hill http://www.benzinga.com/pressreleases/17/11/g10812674/madison-investments-newest-luxury-condominium-kipling-house-is-now-ope <link type="text/css" rel="stylesheet" href="http://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="center">Washington, DC, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Photos here: <a href="https://www.globenewswire.com/Tracker?data=PY3ZxAM2OiNXIuKhmb4JZvc3L7y1pzq-KIktPuTvWoyhpjUGSLQb8cWwx31a5COBq5zFhC5KSVmYma9919mSq_3_R9lnwOi_vlhtzos7qp2FIJr6DFz5dvUwznt74OimD5NiWtyNLjbmRGSE8eFRFw_zuasvQ0ju_sMVMTn8I7TrcrP-fEDtbSroRIPCOVxPVQ-hnPCeNKM77r0dA7-QeJ7X_azhAMA5TdY4eLK1_ZI=" rel="nofollow" target="_blank" rel="nofollow">https://www.dropbox.com/sh/bp5n1sig4rlm4m8/AAAvKJ8hm463g2vfb9FdAhxda?dl=0</a></p> <table border="0"> <tr> <td> <table width="305" cellspacing="6" class="gnw_news_media_box" cellpadding="1" border="0"> <tr> <td class="gnw_media_bgcolor"> <table width="100%" align="center" border="0" cellspacing="0" cellpadding="0"> <tr> <td colspan="2"><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/ea4fdaf4-8de6-4203-82f3-d020fcf8e660/en" rel="nofollow"><img src="https://resource.globenewswire.com/Resource/Download/ea4fdaf4-8de6-4203-82f3-d020fcf8e660?size=2" border="0" width="300" height="184" alt="0_int_MadisonInvestments.jpg" /></a></td> </tr> </table> </td> </tr> </table> <p> <br /><br /> </p></td> </tr> </table> <p> </p> <p>Washington, D.C. (November 13, 2017) — <b>Madison Investments</b>, the family owned and operated real estate development firm located in the nation&#039;s capital, is pleased to announce the opening of their newest luxury condominium, <b>Kipling House</b>, located at 900 11th Street, SE, 20003.  Conveniently located in the center of our nation&#039;s capital, Kipling House offers city dwellers spacious one-bedroom, one-bedroom plus den, and two-bedroom homes complete with designer finishes and convenient amenities to complement a modern lifestyle. </p> <p> </p> <p>Madison Investments tasked PGN Architects and Akseizer Design Group to design its unique and well-proportioned homes, which span between approximately 550-square-feet to 1,350-square-feet.  Prices range from $374,900-$489,900 for one-bedroom units; from $514,900-$699,900 for one-bedroom plus den units and from $724,900-$949,900 for two-bedroom units.  Kipling House offers its homeowner&#039;s sophisticated materials and subtle, natural palettes, which provide the perfect backdrop for ...</p><p><a href=http://www.benzinga.com/pressreleases/17/11/g10812674/madison-investments-newest-luxury-condominium-kipling-house-is-now-ope alt=Madison Investments Newest Luxury Condominium, Kipling House, Is Now Open Offering Contemporary Living on Capitol Hill>Full story available on Benzinga.com</a></p> lifestyle News Press Releases Real Estate News Press Releases Real Estate Benzinga Mon, 20 Nov 2017 18:42:43 +0000 Globe Newswire 10812674 at http://www.benzinga.com Retail Properties Of America's Strategic Repositioning May Be Paying Off, KeyBanc Says http://www.benzinga.com/analyst-ratings/analyst-color/17/11/10811006/retail-properties-of-americas-strategic-repositioning-m <p>In spite of its exposure to the struggling retail landscape, including bankrupt Toys &quot;R&quot; Us, <strong>Retail Properties of America Inc</strong> (NYSE: <a class="ticker" href="http://www.benzinga.com/stock/rpai#NYSE">RPAI</a>)&rsquo;s same-store net operating income has grown 1.7 percent year-to-date.</p> <p>Some on the Street see an iopening for profits.</p> <h3> <strong>The Rating</strong></h3> <p>KeyBanc Capital Markets analyst <a href="https://www.tipranks.com/analysts/todd-thomas">Todd Thomas </a>upgraded RPAI to Overweight and set a $16 price target in a Monday note.&nbsp;</p> <h3> <strong>The Thesis</strong></h3> <p>Retail Properties is completing the divestiture of 150 property assets to sharpen its focus in 10 markets, Thomas said. (See Thomas&#39; track record <a href="https://www.tipranks.com/analysts/todd-thomas">here</a>.)&nbsp;</p> <p>The firm has already closed about $720 million in sales this year and ...</p><p><a href=http://www.benzinga.com/analyst-ratings/analyst-color/17/11/10811006/retail-properties-of-americas-strategic-repositioning-m alt=Retail Properties Of America&#039;s Strategic Repositioning May Be Paying Off, KeyBanc Says>Full story available on Benzinga.com</a></p> Analyst Color KeyBanc Capital Markets REIT RPAI Todd Thomas Upgrades Price Target Analyst Ratings Real Estate RPAI Analyst Color REIT Upgrades Price Target Analyst Ratings Real Estate Benzinga Mon, 20 Nov 2017 15:36:16 +0000 Elizabeth Balboa 10811006 at http://www.benzinga.com Peak Commercial Sells Two Multi-Family Properties in Prominent San Fernando Valley Neighborhoods for Record-Setting Per Unit Price http://www.benzinga.com/pressreleases/17/11/g10808234/peak-commercial-sells-two-multi-family-properties-in-prominent-san-fer <link type="text/css" rel="stylesheet" href="http://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="left">WOODLAND HILLS, Calif., Nov. 17, 2017 (GLOBE NEWSWIRE) -- The <a href="https://www.globenewswire.com/Tracker?data=AV8VuCxv6znLhyFmg6-Wkg5VFUbFl88OQEJXhVC6ldfp6-qUR1KN3jdIi681GoPmwHFZF9USsCL67iNQyxjeqZdgvcRz8_-zpYMsjFIO4NU=" rel="nofollow" target="_blank" rel="nofollow">Flashman Investment Group</a> (FIG), of the <a href="https://www.globenewswire.com/Tracker?data=2DbjGB2HRbmGeWbiDRzvquMtwfOqi2LtVs36Bolh36WvxRGS944QZrzjlQdTJKhlniBTlOTJQkQZrSkiA5aFC8HlavrnP7Fm3y1cyhzqvgYh85UerE3YnXJkArGmMDP_" rel="nofollow" target="_blank" rel="nofollow">Peak Commercial</a> Real Estate brokerage, has sold two multi-family properties in a prominent pocket of the Sherman Oaks, CA  and Studio City, CA neighborhoods for a record-setting per unit price. The Sherman Oaks property is a 15-unit apartment building located at 4427 Woodman Avenue, which sold for more than $286,000 per door. This is the highest price per door for rent controlled buildings in the Sherman Oaks area, north of Ventura Boulevard. The Studio City property is a four-unit apartment building located at ...</p><p><a href=http://www.benzinga.com/pressreleases/17/11/g10808234/peak-commercial-sells-two-multi-family-properties-in-prominent-san-fer alt=Peak Commercial Sells Two Multi-Family Properties in Prominent San Fernando Valley Neighborhoods for Record-Setting Per Unit Price>Full story available on Benzinga.com</a></p> News Contracts Press Releases Real Estate News Contracts Press Releases Real Estate Benzinga Sat, 18 Nov 2017 00:21:35 +0000 Globe Newswire 10808234 at http://www.benzinga.com Level Brands Announces Closing of $12 Million Initial Public Offering http://www.benzinga.com/pressreleases/17/11/g10807818/level-brands-announces-closing-of-12-million-initial-public-offering <link type="text/css" rel="stylesheet" href="http://www.globenewswire.com/styles/gnw_nitf.css" /> <p>CHARLOTTE, N.C.,, Nov. 17, 2017 (GLOBE NEWSWIRE) -- Level Brands, Inc. (NYSEAMERICAN:LEVB) (&#34;Level Brands&#34; or the &#34;Company&#34;), an innovative marketing and licensing company that provides bold, unconventional and socially responsible branding for leading businesses, today announces that is has closed its initial public offering of 2,000,000 shares of common stock at a public offering price of $6.00 per share for gross proceeds of $12 million. Level Brands expects its common stock to begin trading on NYSE American under the ticker symbol &#34;LEVB&#34; on November 17, 2017.</p> <p>&#34;We are delighted that Level Brands, Inc. has chosen to list on NYSE American,&#34; said John Tuttle, NYSE Global Head of Listings. &#34;We look forward to partnering with Level Brands as it continues to grow and support socially conscious consumer lifestyle, beauty and entertainment companies. &#34;Joseph Gunnar &amp; Co., LLC acted as the sole book-running manager for the offering. TriPoint Global Equities, LLC, working with its online division BANQ<sup>®</sup> (<a href="https://www.globenewswire.com/Tracker?data=1f25dJXz1mB7oegGiBbuPlIrcmcJsIG6IAjvrF2lU2JIeJfUfhNknaGrw0cQ-7GdNGMYcxvwPFbrtTmmhxaRfQ==" rel="nofollow" target="_blank" rel="nofollow">www.banq.co</a>), ...</p><p><a href=http://www.benzinga.com/pressreleases/17/11/g10807818/level-brands-announces-closing-of-12-million-initial-public-offering alt=Level Brands Announces Closing of $12 Million Initial Public Offering>Full story available on Benzinga.com</a></p> LEVB Press Releases General Real Estate LEVB Press Releases General Real Estate Benzinga Fri, 17 Nov 2017 22:19:09 +0000 Globe Newswire 10807818 at http://www.benzinga.com