Real estate industry

Universal PropTech to Webcast Live at VirtualInvestorConferences.com August 5th

Retrieved on: 
Tuesday, August 3, 2021

Toronto, Ontario--(Newsfile Corp. - August 3, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that the Company's Chief Growth Officer, Frank Carnevale, will present live at VirtualInvestorConferences.com on August 5th.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - August 3, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that the Company's Chief Growth Officer, Frank Carnevale, will present live at VirtualInvestorConferences.com on August 5th.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings.
  • With headquarters in Toronto, Universal PropTech Inc. has offices across Canada including, Halifax, Montreal, and Ottawa.

Modiv Completes Three Commercial Real Estate Transactions in Texas

Retrieved on: 
Tuesday, August 3, 2021

Newport Beach, Calif., Aug. 03, 2021 (GLOBE NEWSWIRE) -- The transactions include an acquisition, property sale and lease renewal, indicating healthy portfolio activity for Modiv in the Texas real estate market

Key Points: 
  • Newport Beach, Calif., Aug. 03, 2021 (GLOBE NEWSWIRE) -- The transactions include an acquisition, property sale and lease renewal, indicating healthy portfolio activity for Modiv in the Texas real estate market
    Modiv Inc., an innovative real estate, fintech and proptech asset manager, today announced that it completed three separate, commercial real estate transactions in central Texas.
  • Pricing came in ahead of the most recent independent appraisal illustrating the strength of the greater Austin commercial real estate market.
  • Modiv Inc., a real estate, fintech and proptech asset manager, is reimagining modern real estate investing for individual investors.
  • Modiv provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth.

United Real Estate Group Reports Second Quarter 2021 Results with Industry-Leading Growth in Revenues, Gross Margin and Earnings; Company Raising 2021 FY Guidance

Retrieved on: 
Friday, July 30, 2021

United Real Estate (United) a division of United Real Estate Group was founded with the purpose of offering solutions to real estate brokers and agents in the rapidly changing real estate brokerage industry.

Key Points: 
  • United Real Estate (United) a division of United Real Estate Group was founded with the purpose of offering solutions to real estate brokers and agents in the rapidly changing real estate brokerage industry.
  • United Real Estate Group (UREG) operates United Real Estate , Charles Rutenberg Realty Fort Lauderdale , Benchmark Realty , Virtual Properties Realty and United Country Real Estate , addressing the unique market needs of suburban, major metropolitan urban and rural markets.
  • Together, the United Real Estate Group supports more than 600 offices and 15,000 real estate and auction professionals across four continents.
  • For more information about United Real Estate or United Country Real Estate, please visit UnitedRealEstate.com or UnitedCountry.com .

Inventory, Affordability Top Housing Market Concerns

Retrieved on: 
Thursday, July 29, 2021

Trenton, N.J., July 29, 2021 (GLOBE NEWSWIRE) -- The first half of 2021 has seen record-setting activity levels for the New Jersey housing market, but continued lack of inventory and concerns over affordability have cooled some buyer activity.

Key Points: 
  • Trenton, N.J., July 29, 2021 (GLOBE NEWSWIRE) -- The first half of 2021 has seen record-setting activity levels for the New Jersey housing market, but continued lack of inventory and concerns over affordability have cooled some buyer activity.
  • In June 2020, the median sales price for a single family home was $355,000, homes were sitting on the market for an average of 62 days, and there was 26,787 single family homes for sale that month.
  • Across the entire market new listings are up 8.8 percent for Q1 and Q2, with 84,622 new listings through June 2021.
  • Lower affordability is due to less housing stock available and the increased entry level price, but continued and sustained low mortgage rates have offset the financial burden slightly.

United Real Estate Group Reports Second Quarter 2021 Results with Industry-Leading Growth in Revenues, Gross Margin and Earnings; Company Raising 2021 FY Guidance

Retrieved on: 
Thursday, July 29, 2021

United Real Estate (United) a division of United Real Estate Group was founded with the purpose of offering solutions to real estate brokers and agents in the rapidly changing real estate brokerage industry.

Key Points: 
  • United Real Estate (United) a division of United Real Estate Group was founded with the purpose of offering solutions to real estate brokers and agents in the rapidly changing real estate brokerage industry.
  • United Real Estate Group (UREG) operates United Real Estate , Charles Rutenberg Realty Fort Lauderdale , Benchmark Realty , Virtual Properties Realty and United Country Real Estate , addressing the unique market needs of suburban, major metropolitan urban and rural markets.
  • Together, the United Real Estate Group supports more than 600 offices and 15,000 real estate and auction professionals across four continents.
  • For more information about United Real Estate or United Country Real Estate, please visit UnitedRealEstate.com or UnitedCountry.com.

LendKey Announces 450% Growth in Home Improvement Loans as Homeowners Remodel, Invest in Everyday Luxury Purchases

Retrieved on: 
Wednesday, July 28, 2021

LendKey, the company on a mission to make lending simpler, announced today triple digit year-over-year application growth in its Home Improvement Loan Program.

Key Points: 
  • LendKey, the company on a mission to make lending simpler, announced today triple digit year-over-year application growth in its Home Improvement Loan Program.
  • LendKey attributes the growth to a robust demand channel of vetted individual contractors, franchises, and key strategic partnerships.
  • The companys Home Improvement Loan Program partners with community lenders to provide low-cost borrowing options to creditworthy homeowners, processing over tens of millions in applications monthly.
  • Driven by a hyper competitive housing market and changing cultural priorities, homeowners have been incentivized to enhance their home with everyday luxury purchases, rather than invest in new property.

Universal PropTech Announces Partnership Agreement with Termobuild for Carbon Neutral Building Solutions

Retrieved on: 
Tuesday, July 27, 2021

Toronto, Ontario--(Newsfile Corp. - July 27, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that the Company has signed a Partnership Agreement ("Agreement") with Laken & Associates Inc. o/a Termobuild ("Termobuild") to incorporate the use of Termobuild value engineering and hollow core concrete technology to develop carbon neutral building solutions for real estate developers and builders in Canada.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - July 27, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that the Company has signed a Partnership Agreement ("Agreement") with Laken & Associates Inc. o/a Termobuild ("Termobuild") to incorporate the use of Termobuild value engineering and hollow core concrete technology to develop carbon neutral building solutions for real estate developers and builders in Canada.
  • "As Universal PropTech embarks on developing energy resources, it is key to incorporate carbon neutral building solutions like Termobuild and their hollow core concrete technology," stated Frank Carnevale, Chief Growth Officer, Universal PropTech Inc. "We are driving innovation and our ability to finance solutions to create a significant barrier to entry for competitors."
  • "UPI collaboration with Termobuild will lead to higher performance and lower costs from the start," commented Jack Laken, President of Termobuild.
  • Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings.

PropertyGuru, Southeast Asia’s Leading Digital Property Marketplace Group, Plans to Go Public in Partnership with Bridgetown 2

Retrieved on: 
Friday, July 23, 2021

Founded in 2007, PropertyGuru has grown to become Southeast Asias #1 digital property marketplace with leading positions in Singapore, Vietnam, Malaysia and Thailand1.

Key Points: 
  • Founded in 2007, PropertyGuru has grown to become Southeast Asias #1 digital property marketplace with leading positions in Singapore, Vietnam, Malaysia and Thailand1.
  • Launched PropertyGuru Finance a digital mortgage marketplace and brokerage that offers smart, frictionless home financing financial services.
  • We are delighted to partner with Bridgetown 2 as we accelerate our mission to be the trusted advisor for property.
  • PropertyGuru Group is Southeast Asias leading property technology company1 and the preferred destination for 37 million property seekers to find their dream home, every month.

Universal PropTech Signs Letter of Intent to Acquire Exclusive Canadian Rights to Microgrid Technologies and Assets

Retrieved on: 
Wednesday, July 21, 2021

"Universal PropTech is intending to acquire the exclusive rights to develop a municipal program of microgrid technologies and services across Canada," stated Frank Carnevale, Chief Growth Officer, Universal PropTech Inc. "The PACE Program is a unique way to bring low-carbon solutions to the masses, and expand our reach."

Key Points: 
  • "Universal PropTech is intending to acquire the exclusive rights to develop a municipal program of microgrid technologies and services across Canada," stated Frank Carnevale, Chief Growth Officer, Universal PropTech Inc. "The PACE Program is a unique way to bring low-carbon solutions to the masses, and expand our reach."
  • The Canadian microgrid energy services company has amassed Canadian rights to several renewable and battery technologies, exclusively for the PACE Program and non-exclusively for other direct customer sales.
  • Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings.
  • With headquarters in Toronto, Universal PropTech Inc. has offices across Canada including, Halifax, Montreal, and Ottawa.

SIOR Snapshot Sentiment Report Shows Highest Market Confidence On Record

Retrieved on: 
Wednesday, July 21, 2021

The second quarter SIOR Snapshot Sentiment Report provides member feedback on the performance of transactions and the current state and future predictions of the market.

Key Points: 
  • The second quarter SIOR Snapshot Sentiment Report provides member feedback on the performance of transactions and the current state and future predictions of the market.
  • SIORs say commercial real estate (CRE) is rebounding at a record pace, with the office sector finally making its comeback.
  • Market confidence grew to its highest on record, at 7.6 (out of 10).
  • Only the industry's top professionals qualify for the SIOR designation and adhere to the highest levels of accountability and ethical standards.