Hibernia Real Estate Group

EQS-News: Instone Real Estate Group SE achieves good result in a difficult environment with a largely stable earnings outlook for 2023

Retrieved on: 
Thursday, March 16, 2023

Overall, the business developed in line with expectations and reached the upper end of the targeted earnings range.

Key Points: 
  • Overall, the business developed in line with expectations and reached the upper end of the targeted earnings range.
  • The sharp rise in interest rates has affected the affordability of real estate purchases and triggered increased short-term uncertainty among private and institutional investors.
  • The adjusted gross margin was 25.3 percent (2021: 28.3 percent), still an attractive and industry-leading level despite the more difficult operating environment.
  • The definitions of the key performance indicators mentioned in the statement can be found in the glossary on the company's homepage at: Glossary: Instone Real Estate Group SE

Home prices stabilize as buyers get a jump on spring shopping

Retrieved on: 
Tuesday, February 21, 2023

SEATTLE, Feb. 21, 2023 /PRNewswire/ -- Home sales are ticking up and price declines are leveling off as buyers ready for the spring sales season. But sellers have yet to join the fray — the number of homes for sale is the second-lowest on record — meaning stiff competition for well-priced homes, according to the latest Zillow® market report1. What mortgage rates do next will have a huge impact on the market's momentum. 

Key Points: 
  • Buyers took advantage of slightly lower mortgage rates in January — sales are close to 2020 levels.
  • SEATTLE, Feb. 21, 2023 /PRNewswire/ -- Home sales are ticking up and price declines are leveling off as buyers ready for the spring sales season.
  • "Buyers may return to hibernation if last month's mortgage-rate thaw turned out to be a false spring."
  • The new ZHVI, like the neural Zestimate, now better reflects seasonal changes; prices tend to trend up in the spring and down in the fall and winter.

Following Recent $325 Million Fund IV Closing, Camber Creek Raises over $100 million for Opportunity Fund I for Investment in Real Estate Technology

Retrieved on: 
Wednesday, February 15, 2023

WASHINGTON, Feb. 15, 2023 /PRNewswire/ -- Camber Creek, a global financial platform focused on driving innovation in the real estate industry, announced that it exceeded its target for Opportunity Fund I with capital commitments of over $100 million. In 2022, Camber Creek closed its fourth core venture fund, which it oversubscribed with $325 million in capital commitments. The Opportunity Fund, whose Limited Partners include existing and new institutional and strategic investors, gives the firm an opportunity to retain its pro rata on earlier investments as well as invest in opportunities unique to the current market environment.

Key Points: 
  • In 2022, Camber Creek closed its fourth core venture fund, which it oversubscribed with $325 million in capital commitments.
  • Camber Creek now has over 300 strategic Limited Partners representing leading global real estate owners, operators, and service providers.
  • Camber Creek invests in leading proptech companies, including Arcadia, Bilt Rewards, Curbio, Flex, HappyCo, Measurbl, Notarize, and VTS.
  • "The current market environment is providing some exciting investment opportunities at attractive valuations," said Jake Fingert, a Partner at Camber Creek.

FIRST CAPITAL REIT ANNOUNCES PLANNED GOVERNANCE CHANGES

Retrieved on: 
Tuesday, February 7, 2023

"I want to thank Bernie on behalf of the entire Board for his stewardship, mentorship of management, and many other important contributions to the Board and to First Capital.

Key Points: 
  • "I want to thank Bernie on behalf of the entire Board for his stewardship, mentorship of management, and many other important contributions to the Board and to First Capital.
  • I am honoured to serve as Chair of First Capital at this important time and to welcome Ira to the Board," said Mr. Douglas.
  • "First Capital will benefit from his extensive real estate and capital markets experience."
  • First Capital will continue to engage its unitholders to gain their perspectives, concerns and ideas to ensure the highest standard of governance excellence.

Stroock's Real Estate Fast Forward - Navigate Through The Third Edition Set in Washington, D.C.

Retrieved on: 
Monday, February 6, 2023

WASHINGTON, Feb. 6, 2023 /PRNewswire/ -- Stroock's Real Estate Group invites you to explore the third edition of its award-winning Real Estate Fast Forward virtual collection, this time modeled around a five-story property in our nation's capital, Washington, D.C.

Key Points: 
  • WASHINGTON, Feb. 6, 2023 /PRNewswire/ -- Stroock's Real Estate Group invites you to explore the third edition of its award-winning Real Estate Fast Forward virtual collection, this time modeled around a five-story property in our nation's capital, Washington, D.C.
  • Entering the multipurpose building by way of an elevator, visitors can access five separate floors, each featuring one of Stroock's selected niche practice areas in Real Estate: Hospitality, Leasing, Government and Environmental, and culminating on a panoramic top floor where you can uncover details of transformative real estate transactions across the nation.
  • The Washington, D.C. edition of Real Estate Fast Forward is the third in a series of four microsites built to creatively feature market insights and helpful content while highlighting each metro Stroock attorneys call home: New York, Los Angeles, Miami and Washington, D.C.
    Its launch comes on the heels of multiple honors Real Estate Fast Forward received last year, including New York Law Journal's 2022 Innovation Award.
  • The Web Marketing Association also named the Los Angeles edition the 2022 Best Legal Interactive Application and Best Real Estate Interactive Application.