Real estate

Cushman & Wakefield and Placer.ai Partner to Deliver Retail Analytics

Tuesday, July 7, 2020 - 2:03pm

By adopting technology solutions like Placer.ai, Cushman & Wakefield empowers clients to make well-informed, data-driven decisions about their portfolios.

Key Points: 
  • By adopting technology solutions like Placer.ai, Cushman & Wakefield empowers clients to make well-informed, data-driven decisions about their portfolios.
  • Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners.
  • Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries.
  • To learn more about Placer.ai and get access to the free analytics dashboard, visit: www.placer.ai
    View source version on businesswire.com: https://www.businesswire.com/news/home/20200707005544/en/

FCPT Announces Acquisition of a LongHorn Steakhouse Property from Brookfield Properties for $1.8 Million

Monday, July 6, 2020 - 9:22pm

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of a LongHorn Steakhouse property for $1.8 million from the Brookfield Properties transaction previously announced in October 2019.

Key Points: 
  • Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of a LongHorn Steakhouse property for $1.8 million from the Brookfield Properties transaction previously announced in October 2019.
  • The property is located in Oklahoma in a highly trafficked retail corridor and is corporate-operated under a triple net lease with approximately five years of term remaining.
  • The Brookfield Properties portfolio transaction was priced at a cap rate in range with previous FCPT transactions.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.

Cushman & Wakefield to Release Second Quarter 2020 Earnings on August 6

Monday, July 6, 2020 - 9:05pm

Cushman & Wakefield (NYSE: CWK) will release its second quarter 2020 financial results after the close of trading at 4:05 p.m. EDT on Thursday, August 6, 2020.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK) will release its second quarter 2020 financial results after the close of trading at 4:05 p.m. EDT on Thursday, August 6, 2020.
  • Management will host a conference call following the release at 5:00 p.m. EDT on Thursday, August 6, to discuss the financial results.
  • Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries.
  • In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.

JM Real Estate, Inc., Acquired by Property Management Company Tzadik Management, Further Expanding the Company

Monday, July 6, 2020 - 3:12pm

MIAMI, July 06, 2020 (GLOBE NEWSWIRE) -- JM Real Estate, Inc. , a full-service commercial property management, leasing and sales company based in Brevard County, Florida, was acquired by Tzadik Management , an industry-leading, multi-family property management company based in Miami-Dade County, Florida and in Sioux Falls, South Dakota.

Key Points: 
  • MIAMI, July 06, 2020 (GLOBE NEWSWIRE) -- JM Real Estate, Inc. , a full-service commercial property management, leasing and sales company based in Brevard County, Florida, was acquired by Tzadik Management , an industry-leading, multi-family property management company based in Miami-Dade County, Florida and in Sioux Falls, South Dakota.
  • While Tzadik Management currently owns and manages commercial real estate nationwide, this is the first time the company has acquired a commercial brokerage real estate firm.
  • About Tzadik Management and JM Real Estate, Inc.
    Tzadik Management is a growing, innovative and driven real estate and property management company based in Miami, Florida and Sioux Falls, South Dakota.
  • Tzadik acquired JM Real Estate, Inc., a full-service, commercial property management, leasing, sales and investment acquisition company that is located in Brevard County, Florida.

Cinedigm Reports Fiscal Year 2020 (March 31, 2020 Year End) Financial Results

Monday, July 6, 2020 - 2:15pm

Signed multiple new advertising demand partners during the fiscal year, including Verizon Media, AT&Ts Xandr, Beachfront Media, among others.

Key Points: 
  • Signed multiple new advertising demand partners during the fiscal year, including Verizon Media, AT&Ts Xandr, Beachfront Media, among others.
  • Amortization of intangible assets was $ 2.8 million for fiscal year 2020 compared to $5.6 million in the prior fiscal year, a decrease of $2.8, or 51%.
  • The Company reported a net loss of $14.7 million for fiscal year 2020 compared to a net loss of $16.3 million in fiscal year 2019.
  • Cinedigm will host a conference call to discuss its financial results at 7:00 am.

Haute Residence Welcomes Clara Hartree To Its Exclusive Real Estate Network

Friday, July 3, 2020 - 9:30pm

VICTORIA, British Columbia, July 3, 2020 /PRNewswire-PRWeb/ --Haute Residence welcomes acclaimed real estate agent Clara Hartree to its invitation-only Haute Residence network.

Key Points: 
  • VICTORIA, British Columbia, July 3, 2020 /PRNewswire-PRWeb/ --Haute Residence welcomes acclaimed real estate agent Clara Hartree to its invitation-only Haute Residence network.
  • Clara Hartree has been selling Real Estate in British Columbia, Canada for over thirty years.
  • Visit Clara Hartree's Haute Residence profile: https://www.hauteresidence.com/member/clara-hartree-2/
    Designed as a partnership-driven luxury real estate portal, Haute Residence connects its affluent readers with top real estate professionals, while offering the latest in real estate news, showcasing the world's most extraordinary residences on the market and sharing expert advice from its knowledgeable and experienced real estate partners.
  • The invitation-only luxury real estate network, which partners with just one agent in every market, unites a distinguished collective of leading real estate agents and brokers and highlights the most extravagant properties in leading markets around the globe for affluent buyers, sellers, and real estate enthusiasts.

FCPT Announces Acquisition of a Texas Roadhouse Property for $1.8 Million

Thursday, July 2, 2020 - 9:05pm

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of a Texas Roadhouse property for $1.8 million.

Key Points: 
  • Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of a Texas Roadhouse property for $1.8 million.
  • The property is located in Maine and is occupied under a triple-net lease with the corporate operator.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.
  • The Company seeks to grow its portfolio by acquiring additional real estate to lease for use in the restaurant and retail industries.

Randy Shipman joins Mohr Partners in Dallas

Thursday, July 2, 2020 - 3:29pm

DALLAS, July 2, 2020 /PRNewswire/ --Mohr Partners, Inc. the world's largest wholly-owned commercial real estate advisory firm exclusively focused on representing occupiers & corporations, is pleased to announce that Randy Shipman, a 30-year veteran of the Dallas commercial real estate industry, has joined Mohr Partners to focus on advising major corporations throughout Dallas, North America as well as globally in managing their real estate transactions and portfolios.

Key Points: 
  • DALLAS, July 2, 2020 /PRNewswire/ --Mohr Partners, Inc. the world's largest wholly-owned commercial real estate advisory firm exclusively focused on representing occupiers & corporations, is pleased to announce that Randy Shipman, a 30-year veteran of the Dallas commercial real estate industry, has joined Mohr Partners to focus on advising major corporations throughout Dallas, North America as well as globally in managing their real estate transactions and portfolios.
  • Mr. Shipman will work closely with long-time Mohr Partners Managing Principal and Shareholder Rob Pipkin.
  • Shipman joins Mohr Partners from TenantBase and has previously held senior roles JLL, Trammell Crow and CBRE.
  • Mohr seamlessly provides corporate real estate services globally through its strategic alliance partners in Canada, Mexico/Latin America, EMEA and Asia Pacific.

CoreLogic Commences National Launch of AI-Driven Platform Designed to Transform the Homebuying Experience

Thursday, July 2, 2020 - 1:00pm

Following a successful launch with Ohio-based Yes-MLS, OneHome is expected to be nationally available by the end of 2020 to the more than 850,000 real estate agents in North America who currently use CoreLogics market-leading multiple listing platform.

Key Points: 
  • Following a successful launch with Ohio-based Yes-MLS, OneHome is expected to be nationally available by the end of 2020 to the more than 850,000 real estate agents in North America who currently use CoreLogics market-leading multiple listing platform.
  • View the full release here: https://www.businesswire.com/news/home/20200702005118/en/
    As real estate professionals seek to deliver home buyers and sellers with reimagined solutions that enhance the experience and reduce pain points, OneHome combines multiple features to create a frictionless homebuying process.
  • OneHome hosts the entire homebuying process online, creating simple channels of communication for agents and their clients that connect all touch points important to a homeowner and buyer.
  • CoreLogic (NYSE: CLGX), the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities.

Brookfield Property Partners Announces Substantial Issuer Bid to Acquire Up to 74,166,670 Units at a Price of $12.00 Per Unit

Thursday, July 2, 2020 - 11:50am

BPYU Shares must be exchanged into Units for a holder to participate in this Offer.

Key Points: 
  • BPYU Shares must be exchanged into Units for a holder to participate in this Offer.
  • BAM currently owns 55% of the outstanding Units (calculated on a fully exchanged basis, including Redeemable/Exchangeable Partnership Units of Brookfield Property L.P.).
  • Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc., is one of the worlds premier commercial real estate companies, with approximately $87 billion in total assets.
  • Brookfield Property Partners L.P. is listed on the Nasdaq Stock Market and the Toronto Stock Exchange.