Time for a career change? Real estate experiencing strong job growth in Durham

Time for a career change? Real estate experiencing strong job growth in Durham

The real estate industry came in fifth in terms of local employers adding new jobs. In the past month, 33 companies listed open jobs for Durham-based
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Real Estate Transactions for May 19

May 4. Keele Construction Inc. to Michael F. Ayres and Barbara J. Ayers, section 9, township 45, range 21. Christina L. Randolph to Timothy E. Doogs
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FCA will be scrutinising equity release advice given now – Wilson

… telephone or video meeting. Much has been said about the huge benefits that platforms like Zoom or Microsoft Teams have presented, but there still
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Banks raise interest on many mortgages

Sky video 18 May 2020. Despite a cut in the official interest rate, some banks are failing to pass on the savings to struggling mortgage holders. Reblog.
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Homewise offers emergency mortgage assistance

Mortgages guaranteed by Fannie Mae and Freddie Mac allow suspension of homeowner payments for up to 12 months, but Homewise notes
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Grim warnings from Powell and the Fed push rates on home loans to new low

The latest forecast from mortgage giant Freddie Mac looks for 30-year mortgage rates to average 3.3% during 2020, way down from 2019's typical rate
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Zillow Resumes Homebuying in Four Markets; Mandates New Safety Initiatives

Mortgage News Network · Originator Connect Network. National Mortgage Professional Magazine is produced by American Business Media, LLC.
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How do I get pre-approved for a home loan?

When you're pre-approved for a home loan or any other mortgage, this means a possible loan provider or underwriter has looked at your credit history
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Loan Servicing Software Market 2020 Updated & COVID 19 Outbreak Impact Analysis | FICS,Fiserv …

, Mortgage Builder Software Inc. , Nortridge Software – 3w Market News Reports
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Explainer: The debate over letting Pa.'s real estate industry get back to work

Explainer: The debate over letting Pa.'s real estate industry get back to work

Pennsylvania is the only state in the union that has not deemed real estate a life-sustaining business under coronavirus lockdown restrictions, the
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The Real Estate Industry Pushed for $160 Billion in Tax Breaks in the CARES Act, Disclosure …

Both the National Retail Federation (NRF), the trade association representing the retail industry, and the Commercial Real Estate Development
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Survey: US Commercial Real Estate Sector Expected to Be Resilient in Recovery

Despite these dire conditions, U.S. real estate economists are predicting some light at the end of the tunnel. First, the current economic recession will
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Local commercial real-estate projects are still in full force

Local commercial real estate projects are staying on track, despite unknown future circumstances. KHQA spoke with a Quincy native, and a local
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Will COVID-19 have long-lasting impacts on Pittsburgh's real estate and retail markets?

Residential real estate agent Jane Herrmann said our area is different when it comes to national trends. “We never see these huge highs and lows, as
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Global Real Estate Investment Has Been Another Victim of COVID-19 Pandemic

Global commercial real estate investment dropped during the first quarter, due to the business downturn related to the COVID-19 pandemic, with the
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Real estate agent pleads guilty in marijuana farm scheme

A real estate agent who helped Chinese investors buy Southern California homes that were turned into illegal marijuana farms has pleaded guilty to a
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New Study Explores How Coronavirus Has Impacted Buyers In The Real Estate Market

When asked what may need to happen in order for buyers to regain confidence in their ability to purchase a home, Chris Heller, Chief Real Estate Officer
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New Colorado-based real estate show launches

The show's co-producers are Candice Brown-McElyea, Matthew Carman and Paul Joyner. The trio started the show to highlight the robust real estate
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Investing In Real Estate And Consulting Firms Surge

Unusual Movers by Volume Increase. This past week has seen some unusual interest in one particularly stagnant arena of the stock market: real estate
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New York City rents likely to go lower due to coronavirus crisis, says real estate appraiser

Rental prices in New York City could be heading lower as landlords try to get new leases signed, the CEO of real estate appraiser Miller Samuel told
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Mystery investor dumps big stake in real estate fund

An institutional investor's sale of a 7 percent stake in an exchange-traded real estate fund reveals deep concerns about the sector. (Credit: iStock).
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Lebanon County real estate transfers for week of May 18

The following real estate transfers were recorded recently in Lebanon County: Lebanon. Jim A. Goshert and Cynthia L. Goshert to Nancy Maggio, 624
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Last in group of African swindlers in email real estate scam deserves serious prison, prosecutors say

The last of four West African swindlers who stole hundreds of thousands of dollars by posing online as parties in real estate deals should go to prison
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C&I Marketplace Roundup: Real Estate, Back to Business, and More

C&I Marketplace Roundup: Real Estate, Back to Business, and More. BY Taylor Presley. May 18, 2020. Your weekly summary for the latest goings on
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Real estate industry in limbo under Governor's shutdown

Shrewsbury, York County — A bill continues to sit on Governor Tom Wolf's desk that would end the two-month long strangle hold on the real estate
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Buyers scoop up choice Mountain View property leased to Ace Hardware

A real estate group headed by veteran Bay Area developers and property investors Jason Peery and Roger Fields has bought a property that is
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Sortis Holdings Launches $50 Million Distressed Real Estate Opportunity Fund

While the fund will remain asset class agnostic, the management team is eyeing a few particular areas within the real estate market initially. The Sortis
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What Is Special Servicing In Commercial Real Estate?

A loan servicer is a company that collects and handles the daily administrative tasks related to collecting a mortgage loan. Since most loans are
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McLaren Is Looking to Mortgage Woking HQs and Car Collection for $333 Million

The efforts to secure the extra funds were accelerated by the government's refusal to grant the Group a £150 million ($181 million) loan, on the grounds
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HSBC, Citi speed up digital push to ward off Singapore, Hong Kong upstarts

HSBC, Citi speed up digital push to ward off Singapore, Hong Kong upstarts

“Most banks are using this as an opportunity to sharpen their strategy,” said Fergus Gordon, growth markets banking industry lead at Accenture. “There
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After COVID-19: Demand of Core Banking Software Market By Top Influencer SAP SE, Oracle …

Global Core Banking Software Market Competitive Insights 2020, professional and in-depth study on the Core Banking Software industry with a focus
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Berkadia Provides $31.7M Freddie Mac Loan for Student Housing Property in College Station

COLLEGE STATION, TEXAS — Berkadia has provided $31.7 million in Freddie Mac permanent financing for The Junction at College Station,
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JC Penney (JCP) Enters Restructuring Support Agreement

The company received DIP financing from its current first lien lenders. … the bond markets, and mortgage-backed securities generally abhor volatility.
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Cash Management in the COVID-19 Era: Alternative Financing Options for Turkish Businesses

In general, financial institutions (i.e. banks, factoring companies, etc.) prefer to utilize asset or mortgage-backed securities as a financing method.
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Real Estate Roundup 5.18.20

Bayrock Capital has secured $35.4 million in Freddie Mac financing from Merchant Capital for a 133-unit multifamily transitional housing facility in
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aboutMYmortgage.com, LLC Patented Service Available for Sale, Starting at 5 Million Dollars

And it has the potential of saving hundreds of millions of dollars in customer retention for mortgage loan servicers. What aboutMYmortgage.com, LLC,
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Habitat for Humanity of South Palm Beach County Reopens Its Restores

reopened its home improvement/thrift shop ReStores in Boca Raton and Delray Beach. ReStore hours are Monday through Saturday, 10 a.m. to 6 p.m.
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Labour — an underrated asset

On May 11, it decided to finance 100pc of the payroll with an average … the PTI government, bankers say mortgage lending has been a challenge for
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Freddie Mac, Four Other Tysons Companies Land Fortune 500 List

At #41, Freddie Mac in Tysons nabbed the highest spot of the 11 Fairfax County companies on the list, according to the Fairfax County Economic
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Eviction proceedings, debt collections can resume this week, Texas Supreme Court says

“The CARES Act only affects section 8 housing, Fannie Mae, Freddie Mac, those particular cases are continued until July 25th,” Hansen said. While it
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4.1 Million Homeowners Now in Forbearance Plans

o The share of Fannie Mae and Freddie Mac loans in forbearance increased relative to the prior week: from 6.08% to 6.25%. o The share of other
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Factors to Impact New York Mortgage Trust's (NYMT) Q1 Earnings

The economic and financial impacts of the COVID-19 crisis have been affecting mortgage markets in several ways. The liquidity-driven market
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How To Invest In Real Estate During The Pandemic

Anything larger than 4 housing units cannot be financed with a mortgage, so the loan forbearance options through Freddie Mac or Fannie Mae don't
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FHFA to provide payment deferral option

Fannie Mae and Freddie Mac will give borrowers under temporary duress the opportunity to repay their missed payments at the time the home is sold,
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GSEs Update Foreclosure Prevention Actions

Fannie Mae and Freddie Mac completed 8,836 foreclosure prevention actions in February, according to the latest data from the Federal Housing
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You Have the Right to Not Remain Silent: Regulators Offer Guide for Proactive Response for …

That coverage extends only to those mortgages that are backed by Fannie Mae, Freddie Mac, the Federal Housing Administration (FHA), the U.S.
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Angel Oak's Hutchens Set For Monday's Mortgage Leadership Outlook

Hutchens will chat with series host Andrew Berman, head of engagement and outreach for National Mortgage Professional magazine, about the
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HRU Financials Ltd., A Safe Haven for Wealth and Financial Investment

HRU Mortgage Investment Corporation is out to prudently and pragmatically select the safest residential and commercial mortgage investments, which
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Broker, CRM, VA IRRRL Products; Premium Pricing Blues; Forbearance and Agency News

Recently named among Top 5 Best Mortgage Companies to work for by National Mortgage News, Geneva Financial, Home Loans Powered By
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Orion Residential Lands $182M Loan For 4 Texas Properties

Orion Residential Lands $182M Loan For 4 Texas Properties

Freddie Mac announced its Optigo network in early 2019. “Optigo brings much needed distinction and identity to our market-leading multifamily seller/
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KBRA Assigns Preliminary Ratings to FREMF 2020-K109 and Freddie Mac Structured Pass …

Freddie Mac will guarantee six classes of certificates issued in the underlying Series 2020-K109 securitization and will deposit the guaranteed
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2.5% mortgage rates are here. What's next — 2%? Or even 1%?

The difference is, UWM is a wholesale lender. It does not deal directly with the public but instead offers loan products through mortgage brokers. That's
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Park National Corporation – Consensus Indicates Potential 22.1% Upside

… acquisition financing, and commercial leasing, as well as for consumer finance companies; commercial real estate loans comprising mortgage loans
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Dougherty Mortgage Refinances Philadelphia-Area Affordable Asset

Dougherty Mortgage arranged the 10-year financing with a 30-year amortization in collaboration with Andrew LaSalla II of LSG Lending Advisors.
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Mortgage relief was offered, but at a high price

However, borrowers should still contact the lender to find out what mortgage assistance is available. The Consumer Financial Protection Bureau has
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Social distancing cut newly built home mortgage apps in April: MBA

That pace of growth is much slower than March, when authorizations increased 6.62% year over year. Separately, the National Association of Home
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Waggl Celebrates 6-year Anniversary with Continued Growth and Momentum

… enterprise organizations, including Freddie Mac, Paychex, HEINEKEN, 3M, Mastercard, UCHealth, McGraw Hill, and Parsons, among others.
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Fannie, Freddie to Hire Firms to Advise on Exiting US Control

Fannie Mae and Freddie Mac issued formal announcements Monday that they plan to hire financial firms to advise them on exiting U.S. control.
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Global Net Lease Completes European Refinancing With EUR70 Million French Loan; Signs Term …

… Financing”) and signed a term sheet for a potential new mortgage loan that would … The loan is interest-only with the principal due at maturity.
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3 Ways You're Already Investing and How to Invest More

The bank lends most of it out to borrowers, typically through things like mortgages, credit cards, or personal loans. The difference between the interest
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Krajewski Joins 1st Nations As Head Of Reverse Lending

He serves as co-chair of the HUD Issues Committee for the National Reverse Mortgage Lenders Association and is also an active member the State
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Freddie Mac Advances RFP for Financial Advisor

MCLEAN, Va., May 18, 2020 (GLOBE NEWSWIRE) — In a major step towards the company's next chapter, Freddie Mac (OTCQB: FMCC) today
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Real Estate News: Home Prices Increase In First Quarter Despite Coronavirus Impact

In February, mortgage lender Freddie Mac said the U.S. would need 2.5 million additional housing units in order to keep up with a severe domestic
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ArborCrowd Exits Sioux Falls Multifamily Investment

… at the time, with Arbor Commercial Mortgage providing a $37.5 million loan … The exact nature of the new financing is still being ironed out, but the
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FHFA extends moratorium on foreclosures and evictions

The moratorium on foreclosures and evictions for Fannie Mae and Freddie Mac-sponsored mortgages has been extended until at least June 30,
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Mortgage forbearance growth continues, but curve flattens

By unit count, the respondents represented nearly 77%, or 38.3 million, of the outstanding first-lien mortgages. Paul Centopani. Reporter, National
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Edited Transcript of MOFG earnings conference call or presentation 1-May-20 4:00pm GMT

Right now, we have 1/3 of our workforce working from home. … We had good mortgage activity, roughly the same amount of loans closed in the first
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MMF Yields Fall Below 0.​20%; JPM and Wells Discuss Surge in T-​Bills

The dynamic for Fannie Mae (​and Freddie Mac) may relate to its need to advance P&​I payments on mortgages in forbearance, which could
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Homebuilder sentiment advances after worst slump ever

The National Association of Home Builders/Wells Fargo Housing Market … The average rate on a 30-year fixed mortgage rate dropped in April to the
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Location Based Services Market Size, Analysis By Segmentation And Geography Overview …

Location Based Services Market Size, Analysis By Segmentation And Geography Overview …

Fortune Business Insights™ in its latest report published this information. The report is titled “Location-Based Services (LBS) Market Size, Share
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Good fortune

Good fortune. May 17, 2020. 9:00 PM. Will schools be able to open in the fall? Many people are asking this question, as they are concerned about kids
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Business Analytics Market Size, Key Technology And Industry Trends Till 2026 | Fortune Business …

Fortune Business Insights™ in its latest report published this information. The report is titled “Business Analytics Market Size, Share and Global Trend
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Coronavirus: tenant 'exodus' empties rental homes across Melbourne

Tenants moving to inner Melbourne “can pretty much name their price”, experts say, with COVID-19 causing rental vacancies to soar. See the suburbs
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Current state of mortgage rates

Unlike a fixed-rate mortgage, ARMs are affected by market fluctuations. So if rates … This means the home prices exceed federal loan limits. For 2020
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Industrial Automation MarketSize, Key Analysis And Comprehensive Growth Forecast Till 2026 …

Why Choose Fortune Business Insights? • What is the market size and growth rate of the global and regional market by various segments? • What is the
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When it comes to Minnesota's business of running, it's women at the front

There are 33 female chief executive officers on the Fortune 500 list. That's only 6.6 %. The C-suite, which is the realm of chief officers, is similarly
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Take long-term approach with market investments

Take long-term approach with market investments

Specifically, the labor market conditions were the best in decades, housing activity was improving and interest rates remained low. And even the recent
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April home sales down 35.8% from last year in Orange County, but median home prices seeing a rise

Orlando's housing market in April saw its median home price increase 12%, while home sales dropped 28% in the first month to show an anticipated
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How Applying for A Mortgage Payment Holiday Now Could Impact Future Borrowing

How Applying for A Mortgage Payment Holiday Now Could Impact Future Borrowing

If you are applying for a BTL mortgage and you already have. BTL mortgages with other lenders, then payment holidays will show up when the new
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Home Help: Grow your own produce using leftover groceries

Big mortgage lenders are raising the bar for borrowers, according to NBC News. JPMorgan Chase has adjusted its borrowing standards for mortgages, “
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Mortgage Introducer's COVID-19 trend-tracker

A round-up of all the key statistics, updated regularly, to help you keep on top of trends in the mortgage market during the COVID-19 crisis.
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Hometown Bank lends out more than $15 million

Hometown Bank lends out more than $15 million

… supporting a total of 2,656 employees in our community,” said Brian K. Bialik, executive vice president and chief lending officer of Hometown Bank.
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Magic Johnson's Life Insurance Company Reportedly Funding $100 Million In Small Business Loans

… Co. and MBE Capital Partners, a New Jersey-based nonbank lender that specializes in financing businesses owned by women and minorities.
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Real Estate People, May 18

Real Estate People, May 18

Ian Black Real Estate, a commercial real estate brokerage firm in Sarasota, has hired Steven Larkin as sales associate. Larkin has more than 40 years
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​Principal Real Estate invests for healthcare properties fund

As with this property, Protea care will be the long-term tenant, it said. Paul H Muno, managing director of the Principal Real Estate, said: “Because of the
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Millionaire Investor Miki Dutta has a Few Suggestions for Real Estate Leaders as the Global …

Retail locations, office spaces, and many other physical properties have literally become non-operational. Moreover, real estate projects under
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Brennan Launches Corporate Real Estate Initiative

CHICAGO, May 18, 2020 /PRNewswire/ — Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates
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Zillow restarts home-buying business, showing confidence in real estate amid ongoing pandemic

(Zillow Photo). Zillow Group is resuming its Zillow Offers home-buying business, reflecting the company's confidence in real estate despite the ongoing
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Real Estate Industry Disruptor 'Terrakan' Showcases Newest Research Portal With Never-Before …

Terrakan is a real estate portal created to handle all property development needs from a single location. With a suite of tools that includes
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Real Estate Transfers For April 2020

311 Jamison Avenue; Susan Mazzant to Julie Zikeli for $124,000.00. ELLWOOD CITY BOROUGH: 601 Todd Avenue; Darlene Tino Est. to Alex Matthew
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$12.5 million fund aims to help spur minority real estate development in Detroit

A new $12.5 million fund is aimed at promoting minority real estate development in Detroit. Capital Impact Partners, a community development finance
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BPF: Real Estate Needs Support By End Of The Month Ahead Of June 'Catastrophe'

Houses of Parliament in London. The British Property Federation is pushing the government to introduce a new support package for the real estate
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Boulder-area real estate, commercial deals May 18, 2020

Fresca Real Estate Trust, Wells Fargo Bk, 655 12th St., Boulder, 05/04/2020, $1,455,000.00. Fw Co. Arapahoe Village LLC, Nationwide Life Ins Co,,
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Real Estate Deals, May 18

Jeff Button, of Richardson Kleiber Walter Kleiber Button Inc., and David Fletcher, of Wagner Realty, handled the transaction. 305 15th Street West
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CORE Real Estate Names Eric Henrickson VP of Acquisitions

COLUMBUS, Ohio, May 18, 2020 /PRNewswire/ — CORE Real Estate Capital (“CREC” or “the firm”), a private commercial real estate investor, today
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PGIM Real Estate makes senior hire in Italy

PGIM Real Estate has hired Musie Bocrezian, as executive director and head of transactions for Italy, based in its newly opened office in Milan,
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Despite financial hardships, there are signs of hope in the real estate market

Democracy Dies in Darkness. Real Estate. Perspective. Perspective Discussion of news topics with a point of view, including narratives by individuals
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Real estate disruptors got disrupted by COVID-19

Tech-enabled iBuyers hit pause as the market got riskier during the pandemic. Now they need to figure out how to move forward. Subscribe on.
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Dire prospects for commercial real estate market as pressures mount

Toward the end of that decade, Texas became the epicenter of a national real estate collapse. In Houston, property values tumbled and the office
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Real estate calendar for the week of May 18

The D.C.-based nonprofit Urban Land Institute will host the talk “Spring 2020 real estate economic forecast” from 1 p.m. to 2 p.m. Panelists will discuss
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Alternative Income REIT appoints M7 Real Estate as investment adviser

The Board of Directors of Alternative Income REIT PLC (ticker: AIRE), the owner of a diversified portfolio of 19 UK commercial property assets let on
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4 reasons real estate professionals keep pushing forward

As real estate professionals, we can become lazy learners during the good markets, enjoying the thrill of the busy season when leads seemingly fall in
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TechWire rewind: COVID-19 & real estate; Eli Lilly's $474M plant; the new office space + 64 more …

Also, check out our two–part series on how COVID-19 is impacting local real estate markets. In non-COVID news: Eli Lilly picked a former GSK
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