Land law

LMC Announces Start of Leasing at The Whitney Apartments

Retrieved on: 
Thursday, November 1, 2018
Real estate, Property, Land law, Flagler, Studio apartment, Apartment

FORT LAUDERDALE, Fla., Nov. 1, 2018 /PRNewswire/ --LMC, a leader in apartment development and management, today announced the start of leasing at The Whitney , a mixed-use apartment community located in the heart of eclectic Flagler Village.

Key Points: 
  • FORT LAUDERDALE, Fla., Nov. 1, 2018 /PRNewswire/ --LMC, a leader in apartment development and management, today announced the start of leasing at The Whitney , a mixed-use apartment community located in the heart of eclectic Flagler Village.
  • "Flagler Village has a unique atmosphere, where high-end shopping and luxury apartments join a hipster-inspired, artsy neighborhood," said Michael Pelczar, VP of Development, South Florida for LMC.
  • The Whitney consists of studio, 1-, and 2-bedroom apartments ranging from 512 to 1,719 square feet with 1-bedroom den layouts available.
  • LMC has a 26,300-unit pipeline of communities ranging from operating to under development that exceeds $9.6 billion and consists of high-rise, mid-rise and garden apartments.

Atlas Real Estate Group Grows with Addition of Tony Julianelle as President and Begins Working with Zillow

Retrieved on: 
Wednesday, October 31, 2018
Real estate, Real estate valuation, Zillow, Property, Land law

DENVER, Oct. 31, 2018 /PRNewswire/ -- Atlas Real Estate Group (Atlas), a full-service realty group specializing in real estate investments, brokerage and property management , expands its team by adding Tony Julianelle as president of the firm.

Key Points: 
  • DENVER, Oct. 31, 2018 /PRNewswire/ -- Atlas Real Estate Group (Atlas), a full-service realty group specializing in real estate investments, brokerage and property management , expands its team by adding Tony Julianelle as president of the firm.
  • Zillow, the online real estate company, recently launched their Zillow Offers program in Colorado.
  • "This new model adds liquidity into the marketplace and helps give buyers and sellers more options," said Jason Shepherd, co-founder/partner of Atlas Real Estate.
  • AboutAtlas Real Estate Group:Atlas is a full-service real estate group specializing in investments, brokerage and property management inDenver.

Buyers Gaining Negotiating Power in Some Surprising Markets

Retrieved on: 
Tuesday, October 30, 2018
Real estate valuation, Zillow, Market, Competition, Real estate, Property, Land law

Zillow researchers looked at three factors to determine which of the largest U.S. housing markets are becoming more buyer-friendly and found that some previously prohibitively competitive markets including Seattle and Las Vegas have turned into the best places for buyers this winter .

Key Points: 
  • Zillow researchers looked at three factors to determine which of the largest U.S. housing markets are becoming more buyer-friendly and found that some previously prohibitively competitive markets including Seattle and Las Vegas have turned into the best places for buyers this winter .
  • Price cuts indicate homes are sitting on the market longer which means more options for buyers, less competition for homes and more room for buyers to negotiate.
  • Many recently white-hot markets have seen large jumps in the share of for-sale listings with a price cut.
  • Based on those factors, these are the best places for buyers this winter:

Nearly 1.5 Million Vacant U.S. Homes In Q3 2018 Represent 1.52 Percent Of All Single Family Homes And Condos

Retrieved on: 
Tuesday, October 30, 2018
Mortgage, United States housing bubble, Foreclosure, Real property law, Urban decay, Land law, Real estate, Property law

The report also found that there were 10,291 vacant "zombie" foreclosures homes nationwide at the end of Q3 2018, representing 3.38 percent of all homes actively in the foreclosure process.

Key Points: 
  • The report also found that there were 10,291 vacant "zombie" foreclosures homes nationwide at the end of Q3 2018, representing 3.38 percent of all homes actively in the foreclosure process.
  • The number of zombie foreclosure homes was down from 14,312 a year ago, and the zombie foreclosure rate was down from 4.18 percent a year ago.
  • There are still high concentrations of zombie homes and other vacant homes in some local markets and submarkets, but those high concentrations are becoming fewer and farther between."
  • Only metropolitan statistical areas with at least 100,000 single family homes and condos and counties with at least 50,000 single family homes and condos were included in the analysis.

Trustee Sale Reversal Victory for Devastated Homeowner Thru the Nonprofit Alliance of Consumer Advocates

Retrieved on: 
Friday, October 26, 2018
Mortgage, United States housing bubble, Foreclosure, Real property law, Urban decay, Auction, Economy, Land law, Real estate

RIVERSIDE, Calif., Oct. 26, 2018 /PRNewswire-PRWeb/ -- The Nonprofit Alliance of Consumer Advocates helped distressed homeowner Anna Campos get her home back by reversing a Trustee Auction Sale that sold to a 3rd party highest bidder.

Key Points: 
  • RIVERSIDE, Calif., Oct. 26, 2018 /PRNewswire-PRWeb/ -- The Nonprofit Alliance of Consumer Advocates helped distressed homeowner Anna Campos get her home back by reversing a Trustee Auction Sale that sold to a 3rd party highest bidder.
  • After many attempts the Campos family were referred to the Nonprofit Alliance of Consumer Advocates.
  • On September 31, 2018, client Ana Campos accepted the help and assistance of Consumer Defense Law Group, PC.
  • Attorney Cara states "This was the fastest 3rd party Trustee Sale Reversal we've ever concluded" of the foreclosure reversal that became official on 10/06/2018.

LDG, NAHRO Partner for $1 Million Scholarship Program

Retrieved on: 
Friday, October 26, 2018
Public housing in the United States, Affordable housing, Community organizing, Real estate, United States Department of Housing and Urban Development, Property, Land law, Government

LDG will contribute $1 million, over a 10-year period, to establish a new NAHRO/LDG Scholars initiative and to fund the NAHRO Merit College Scholarship, which provides grants to college students who live in HUD-assisted affordable housing.

Key Points: 
  • LDG will contribute $1 million, over a 10-year period, to establish a new NAHRO/LDG Scholars initiative and to fund the NAHRO Merit College Scholarship, which provides grants to college students who live in HUD-assisted affordable housing.
  • The company was founded almost 25 years ago based on the belief that everyone deserves a quality place to live.
  • NAHRO is a national organization of affordable housing and community development professionals and industry partners, whose members provide housing to more than 7.9 million low-income people.
  • NAHRO's membership administers more than 3 million housing units for 7.6 million people.

Rush for Industrial Real Estate Continues as Investment Reaches Record High

Retrieved on: 
Thursday, October 25, 2018
Real estate, Property, Land law, Morguard, Commercial property, Real estate derivative

"Sales volume for the industrial real estate market already stands at a twenty-year high with half a year still to go," said Keith Reading, Director of Research at Morguard.

Key Points: 
  • "Sales volume for the industrial real estate market already stands at a twenty-year high with half a year still to go," said Keith Reading, Director of Research at Morguard.
  • Sales numbers for industrial assets in Canada's major markets reached a record $6.1 billion in the second quarter.
  • Overall, quarter-over-quarter transaction volume increased across all commercial real estate asset classes, reflecting investor confidence in the market.
  • This rate of expansion bodes well for Canadian commercial real estate, and should continue to support investment sales activity and boost real estate sector performance.

Millennials Most Likely to Purchase a Haunted Home for Something Extra

Retrieved on: 
Tuesday, October 23, 2018
Real estate, Property, Land law, Realtor.com, Residential real estate

"In a competitive market, it's harder for prospective buyers to be extremely selective," said Danielle Hale, chief economist for realtor.com.

Key Points: 
  • "In a competitive market, it's harder for prospective buyers to be extremely selective," said Danielle Hale, chief economist for realtor.com.
  • "If a house is commensurately priced, or has desirable features, the fact that it may be haunted seems to matter less.
  • Nearly a quarter of those aged 35-54 said they wouldn't be affected by the haunted nature of the home while making a purchase decision.
  • Living in a haunted home is more common than one would imagine, and not necessarily a surprise to the occupants.

CoStar Group Acquires UK's largest commercial property marketplace Realla

Retrieved on: 
Friday, October 12, 2018
CoStar Group, Costar, E-commerce, Property, LoopNet, Land law, Online marketplace, Commercial property

LONDON, Oct. 12,2018 /PRNewswire/ -- CoStar Group, the leading global provider of commercial real estate information, analytics and online marketplaces has announced its acquisition of Realla, the UK's largest public portal specialised in commercial property.

Key Points: 
  • LONDON, Oct. 12,2018 /PRNewswire/ -- CoStar Group, the leading global provider of commercial real estate information, analytics and online marketplaces has announced its acquisition of Realla, the UK's largest public portal specialised in commercial property.
  • The CoStar network includes LoopNet.com, the number one commercial property marketplace and Apartments.com, the number one apartment marketing site.
  • Over the past 5 years CoStar Group has invested billions of dollars into building the world's leading online property marketplaces, generating hundreds of millions of leads resulting in millions of successful commercial property transactions for our clients.
  • "Realla is the UK's most comprehensive commercial property digital marketplace - and when combined with the CoStar information solution it is expected to offer the best of tools for marketing properties, valuations and facilitating transactions.

CoStar Group Acquires UK's largest commercial property marketplace Realla

Retrieved on: 
Friday, October 12, 2018
CoStar Group, Costar, E-commerce, Property, LoopNet, Land law, Online marketplace, Commercial property

LONDON, Oct. 12,2018 /PRNewswire/ -- CoStar Group, the leading global provider of commercial real estate information, analytics and online marketplaces has announced its acquisition of Realla, the UK's largest public portal specialised in commercial property.

Key Points: 
  • LONDON, Oct. 12,2018 /PRNewswire/ -- CoStar Group, the leading global provider of commercial real estate information, analytics and online marketplaces has announced its acquisition of Realla, the UK's largest public portal specialised in commercial property.
  • The CoStar network includes LoopNet.com, the number one commercial property marketplace and Apartments.com, the number one apartment marketing site.
  • Over the past 5 years CoStar Group has invested billions of dollars into building the world's leading online property marketplaces, generating hundreds of millions of leads resulting in millions of successful commercial property transactions for our clients.
  • "Realla is the UK's most comprehensive commercial property digital marketplace - and when combined with the CoStar information solution it is expected to offer the best of tools for marketing properties, valuations and facilitating transactions.