Real estate

Roc360 Expands its Leading Portfolio of Brands with Acquisition of Finance of America Commercial Through Asset Sale

Retrieved on: 
Tuesday, March 14, 2023
Rome Company, Inc., Acquisition, NYSE, FOA, Michelle Facos, ANTLR, DSCR, Wells Fargo, Sale, Housing, Real estate

Founded in 2014, Roc360 has funded in excess of $14 billion in loans through its lending subsidiaries.

Key Points: 
  • Founded in 2014, Roc360 has funded in excess of $14 billion in loans through its lending subsidiaries.
  • Under the terms of the transaction, Finance of America Companies Inc. (NYSE:FOA) has sold the operational assets of its FACo division, which specializes in residential real estate investment loans, to Roc360.
  • Excluded from the sale are previously originated loans and the residual in the ANTLR securitization shelf.
  • Wells Fargo Securities, LLC, acted as financial advisor to Roc360.

Valcre Adds Avison Young to Growing List of Enterprise Clients

Retrieved on: 
Tuesday, March 14, 2023
Walker & Dunlop, SAN, Advisory, Avison Young, Valuation, RSM, Intelligence, Database, Growth, Kroll, Organization, Real estate

SAN DIEGO and TORONTO, March 14, 2023 /PRNewswire-PRWeb/ -- Valcre, the premier valuation software for the commercial real estate industry, today announced its continued expansion across North America with new enterprise client Avison Young, equipping the technology-driven real estate advisory firm with appraisal software for its Valuation and Advisory service line.

Key Points: 
  • More than 50,000 commercial real estate appraisals, worth greater than $50 billion, are delivered annually by users leveraging Valcre.
  • Enterprise clients like Avison Young are partnering with Valcre to reinforce commitments to investing in technology that will strengthen their ability to provide higher quality appraisals in less time to clients around the globe.
  • "Avison Young is a technology-driven firm, focused on offering clients the real estate experience of the future, and this starts with how we use intelligence platforms that yield efficiencies, insights and advantages," said Matthew McWatters, Principal, Executive Vice President and Canadian Leader, Valuation and Advisory Services, Avison Young.
  • Valcre and Avison Young's newly executed multi-year enterprise agreement promises to equip North America's top appraisers with the necessary tools, database and templates to provide the very best services to their clients.

Foundation Shares Updates Ahead of One Year Anniversary of PAVE Task Force Report

Retrieved on: 
Tuesday, March 14, 2023
Ad Quadratum: The Practical Application of Geometry in Medieval Architecture, Consumer, USPAP, The Appraisal Foundation, Action plan, Automated valuation model, Housing, Pathway, Complaint, PAVE, Left–right political spectrum, AVM, Bias, Unified school district, Softly, Softly: Task Force, Veteran, Education, Real estate appraisal, Council, Publishing, Success, CARE, Task force, Trustee, Property management, Real estate

"The Appraisal Foundation shares the PAVE Task Force's commitment to root out bias and discrimination in the appraisal profession, and our boards have been hard at work over the past few years to do just that," said The Appraisal Foundation President Dave Bunton.

Key Points: 
  • "The Appraisal Foundation shares the PAVE Task Force's commitment to root out bias and discrimination in the appraisal profession, and our boards have been hard at work over the past few years to do just that," said The Appraisal Foundation President Dave Bunton.
  • We look forward to partnering with the PAVE Task Force to continue these efforts to build public trust in the appraisal profession."
  • Publishing the report of the Automated Valuation Models (AVMs) Task Force which makes recommendations on potential standards for AVMs.
  • For more information on each of these initiatives and how the Foundation is responding to many more PAVE recommendations please read this update provided to the PAVE Task Force on February 2, 2023.

Experience No Sacrifice with JPAR®

Retrieved on: 
Tuesday, March 14, 2023
Calendar, Empowerment, Real estate agent, Real estate, Auction, Property management

FRISCO, Texas, March 14, 2023 /PRNewswire/ -- JPAR® – Real Estate is pleased to reveal its newly-redesigned career site, JPARReady. The site showcases the award-winning brand's new value proposition statement, Experience No Sacrifices with JPAR®, for anyone looking to explore the benefits of joining as it continues to expand throughout the United States.

Key Points: 
  • FRISCO, Texas, March 14, 2023 /PRNewswire/ -- JPAR® – Real Estate is pleased to reveal its newly-redesigned career site, JPARReady .
  • The site showcases the award-winning brand's new value proposition statement, Experience No Sacrifices with JPAR®, for anyone looking to explore the benefits of joining as it continues to expand throughout the United States.
  • JPAR® – Real Estate is pleased to reveal its newly-redesigned career site, JPARReady.com.
  • "Our model continues to attract the attention of industry professionals with a flat-fee, capped rate and culture of empowerment," added O'Connor.

Q2 U.S. Hiring Outlook Remains Strong as Talent Shortage Continues

Retrieved on: 
Tuesday, March 14, 2023
Human, NYSE, Organization, Finance, Real estate, Czech Republic, Senior Community Service Employment Program, Outlooks, Employment, Textile, Management, Q2, ManpowerGroup

MILWAUKEE, March 14, 2023 /PRNewswire/ -- While cooling this quarter, global demand for talent remains resilient and the race for skills continues, according to the newly released Q2 ManpowerGroup (NYSE: MAN) Employment Outlook Survey of more than 38,000 employers in 41 countries and territories.

Key Points: 
  • A strong jobs report and lower energy prices are making U.S. employers cautiously optimistic leading into Q2, reporting a Net Employment Outlook of +30%.
  • Globally, the Net Employment Outlook for the U.S. ranks 7th in the world; seven points above the world average.
  • MILWAUKEE, March 14, 2023 /PRNewswire/ -- While cooling this quarter, global demand for talent remains resilient and the race for skills continues, according to the newly released Q2 ManpowerGroup (NYSE: MAN) Employment Outlook Survey of more than 38,000 employers in 41 countries and territories.
  • The global talent shortage continues to grow in Q2, with 78% of employers in IT reporting challenges hiring - suggesting workers who have found themselves laid off in recent reductions will soon be reabsorbed into the market.

Cinch® Home Services and Homes For Our Troops Celebrate Two Years of Partnership

Retrieved on: 
Tuesday, March 14, 2023
Partnership, Employment, Life, Education, Every Dog's Guide to Complete Home Safety, Remanufacturing, Health, Management, Real estate, Veteran, Cinch

BOCA RATON, Fla., March 14, 2023 /PRNewswire/ -- Cinch Home Services, one of the nation's leading providers of home service solutions, celebrates the second anniversary and recent renewal of its partnership with military nonprofit Homes For Our Troops (HFOT).

Key Points: 
  • HFOT donates specially adapted, customized homes for severely injured post-9/11 Veterans.
  • "We are proud and humbled to continue giving back in such a meaningful way through this partnership," said Steve Upshaw, CEO of Cinch.
  • "The company's passion for assisting Veterans and their families significantly helps us advance our mission of Building Homes and Rebuilding Lives."
  • To donate to the HFOT cause or learn more about Veterans in-need, visit Cinch Home Services for HFOT .

Bidmii & Humm launch embedded finance product, Get it Done, Pay Later

Retrieved on: 
Tuesday, March 14, 2023
HELOC, Real estate, Online shopping

TORONTO, March 14, 2023 /CNW/ - Bidmii, a Toronto-based tech start-up revolutionising the home improvement industry, today announced the launch of its new embedded financial product, Get it Done, Pay Later.

Key Points: 
  • TORONTO, March 14, 2023 /CNW/ - Bidmii, a Toronto-based tech start-up revolutionising the home improvement industry, today announced the launch of its new embedded financial product, Get it Done, Pay Later.
  • Home improvement marketplace Bidmii launches "Get it done, pay later" easy and affordable renovation financing.
  • Homeowners can now access a fast and easy financing option for their home improvement projects with Get it Done, Pay Later on the Bidmii platform.
  • "We are thrilled to partner and collaborate with Humm Group on this exciting new venture," said Jon Christensen, CEO of Bidmii.

John Tsai Named President of eXp Realty Canada

Retrieved on: 
Monday, March 13, 2023
Greater, Social media, Exp, Nathalie, Acquisition, Livestreaming, Management, Real estate, Growth

BELLINGHAM, Wash., March 13, 2023 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced it has named John Tsai president of eXp Realty Canada. The appointment comes amid strong growth momentum across the country as agents increasingly choose eXp Realty as their brokerage.

Key Points: 
  • Canadian leadership team strengthened with additional appointments of Nathalie Goodyer, VP Operations and Nadia Habib, VP Growth
    BELLINGHAM, Wash., March 13, 2023 (GLOBE NEWSWIRE) -- eXp Realty ®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced it has named John Tsai president of eXp Realty Canada.
  • John Tsai was identified and confirmed as a candidate by the Canadian Agent Advisory Counsel in conjunction with corporate leadership, including founder and CEO of eXp Realty, Glenn Sanford.
  • “John brings incredible expertise, energy and passion to real estate, and I know this will translate to his role as President, eXp Realty Canada,” said Sanford.
  • Nathalie Goodyer was promoted to Vice President, Operations to enhance operations with a laser focus on improving the lives of Canadian eXp Realty agents.

EF Hutton Announces Appointment of Andrew McLaughlin, Managing Director, Structured Products

Retrieved on: 
Monday, March 13, 2023
Benchmark, Credit Suisse, Senior, Structuring, Growth, Real estate, EF Hutton, EF, Infrastructure, SSIR, Bank

New York, NY, March 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – EF Hutton, division of Benchmark Investments, LLC (“EF Hutton”) today announced the appointment of Andrew McLaughlin as Managing Director, Structured Products.

Key Points: 
  • New York, NY, March 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – EF Hutton, division of Benchmark Investments, LLC (“EF Hutton”) today announced the appointment of Andrew McLaughlin as Managing Director, Structured Products.
  • EF Hutton recently formed the Structured, Sustainability, Infrastructure, and Real Estate (“SSIR”) Investment Banking team focused on the constantly evolving sustainability related themes across the globe.
  • Duncan Swanston, Senior Managing Director, Head of Structured Products and Co-Head of Infrastructure & Project Financing, commented, “With the continued growth of our Investment Banking team, we are demonstrating our ongoing commitment to ensure that EF Hutton is at the forefront of the financial services industry.
  • As we expand into structured product related endeavors, we will continue focusing on infrastructure and sustainability into 2023.”
    Mr. McLaughlin joins EF Hutton after 12 years at Credit Suisse, most recently serving as Director, Structured Products Sales.

Imperial Dade Opens New Logistics Hub in Orlando, FL

Retrieved on: 
Tuesday, March 14, 2023
Supply Chain Management, Packaging, Retail, Logistics, Transport, Manufacturing, Food, Beverage, Orlando International Airport, Real estate, Integrated Medical Systems International, Growth, Warehouse, Central Florida

Imperial Dade, the leading independently owned and operated distributor of food service packaging and janitorial supplies, opened a new state-of-the-art logistics hub in Orlando to support growth in the region.

Key Points: 
  • Imperial Dade, the leading independently owned and operated distributor of food service packaging and janitorial supplies, opened a new state-of-the-art logistics hub in Orlando to support growth in the region.
  • The facility includes a built-to-suit 380,000 square-foot warehouse and office space on East Wetherbee Road.
  • Built in cooperation with our strategic partner Prologis, we're thrilled with the way this facility turned out.
  • It will allow for increased efficiencies in our operations and the expansion of the products that are available to our customers.