Harrison Street, an investment firm that buys and sells education, health-care and storage properties, raised $1.3 billion for its seventh U.S. opportunistic real estate fund. The firm exceeded its original $950 million target for the fund and raised an additional $302.5 million in co-investment vehicles, lifting its expected buying capacity to about $4 billion including […]
Grand Prairie Apartments Just Closed 160 Townhome Units in Grand Prairie Sold as Prime Multifamily Tax Credit Affordable Housing Opportunity DALLAS, May 3, 2019 – Colliers International Group Inc., (NASDAQ: CIGI) (TSX: CIGI) a top tier global real estate services and investment management company with more than 14,000 skilled professionals operating in 68 countries, announced […]
After years of trying, state lawmakers passed a biggie. A property tax bill that fixes some major flaws in the system. Senate Bill 2, the Texas Property Tax Reform and Transparency Act of 2019, is 153 pages long. It’s now a law, but it’s also a cliché of sorts: The law won’t lower your taxes but it will slow their growth.
Like many of you I love real estate, but I also love New York which is one of the many reasons I obtained my brokers license there a while back. So of course, I had to visit Hudson Yards, it’s the largest private real estate development in the history of the United States, and the […]
Los Angeles resident Jennifer Burnes is availing herself of new loan services to pay her rent. PHOTO: MORGAN LIEBERMAN FOR THE WALL STREET JOURNAL New lenders are entering what was once the realm of payday lending, pitching loans to young renters in increasingly unaffordable cities By Will Parker / May 13, 2019 Jennifer Burnes says […]
Next on Sixth, in the Koreatown neighborhood of Los Angeles (Costar).According to MarketWatch reports, the always outspoken Sam Zell is raising equity at record levels. I had the privilege of meeting him when he spoke in Austin, after selling his 23,000-unit residential portfolio to Barry Sternlicht’s Starwood Capital Group for nearly $5.4 billion. Since then […]