Real estate
CTO Realty Growth, Inc. (NYSE: CTO) has announced the acquisition of a three-property portfolio in Charlotte, North Carolina; Orlando, Florida; and Tampa, Florida, for $137.5 million. The acquisition includes three open-air shopping centers with a total gross leasable area of approximately 0.9 million square feet, which are approximately
Housing
The city of Hyderabad recorded a five-year high in home sales value during the first half of 2024, with a total of Rs.58,481 crore in sales, representing a 257% surge over the value of units sold during H1 2019. This growth is attributed to a significant increase in
Equity Residential Properties Trust
Equity Residential has agreed to acquire 11 apartment properties from Blackstone Real Estate, including properties from Blackstone Real Estate Income Trust, Blackstone Real Estate Partners, and Blackstone Property Partners, for approximately $964 million. The transactions, which are subject to customary closing conditions, are expected to close in the third quarter
Real estate
ACRES Commercial Realty Corp., a real estate investment trust focused on commercial real estate mortgage loans and equity investments, reported a GAAP net income of $1.7 million for the quarter ended June 30, 2024. The company's president and CEO, Mark Fogel, highlighted the team's skill
Real estate
reAlpha Tech Corp., a real estate technology company, has made a strategic acquisition of 85% of Hyperfast Title, a title company licensed to operate in Florida, Virginia, and Tennessee. This move enables reAlpha to provide title services to consumers using Claire, its generative AI-powered, commission-free homebuying platform. The acquisition aligns
Real estate
Universal Health Realty Income Trust, a real estate investment trust (REIT), has announced a significant increase in net income for the three-month period ended June 30, 2024. According to the company, net income was $5.3 million, or $.38 per diluted share, as compared to $3.5 million, or $.25
Agree Realty Corp.
Agree Realty Corporation, a leading national net lease real estate investment trust (REIT), has announced robust financial results for the second quarter of 2024. The company's investment in 70 retail net lease properties and significant progress on its development and financing projects have contributed to its impressive performance.
Financial services
United Real Estate has secured the top spot in the RealTrends Verified ranking, GameChangers, with a staggering 727% increase in real estate transactions over the past five years. This impressive growth is attributed to a combination of organic growth and strategic mergers and acquisitions, with the company completing 13 major
Financial services
United Real Estate has secured the top spot in the 2024 RealTrends Verified ranking, demonstrating remarkable growth with a 727% increase in real estate transactions over the past five years. This achievement is attributed to a combination of organic growth and strategic mergers and acquisitions. The company has completed 13
Investments
Jeff Pori, founder of Kingsbarn Realty Capital, emphasizes the importance of diversifying one's financial portfolio, particularly in the real estate industry. Kingsbarn, with over $2 billion in assets under management, has created a platform for institutional and accredited investors to access alternative investments, including Delaware Statutory Trusts (DSTs)
Investments
The real estate business in Greater Hyderabad is experiencing growth, as evidenced by the increasing number of registrations of plots and buildings, along with permits for buildings and layouts. Since the formation of the new government, the number of registrations and revenue from document registrations under HMDA have increased. The
Real estate
CenterCal Properties, a prominent commercial real estate company, has strengthened its leadership with the addition of three experienced professionals: Erick Klafter, John Kim, and Bill Cluverius. The new hires bring a wealth of expertise in asset and property management, law, and business development, which is expected to enhance the company&
