Home Captain acquisition of Redefy : US financial technology company Home Captain has acquired Colorado-based real estate technology company Redefy for an undisclosed price in a move to better serve constituents across the home buying and home selling journey. Based in New York, Home Captain optimizes communication between the homeowner and all other parties in […]
Embassy Group, an Indian real estate developer, will invest Rs 1,000 crore to develop six co-living properties in major cities in India under the brand Olive by Embassy. The Bengaluru-based real estate developer has announced a new company called Olive to develop co-living spaces for working professionals and students. The co-living properties will have custom-made […]
JLL Income Property Trust has purchased the newly-built Milford Crossing shopping center in Milford, Massachusetts for about $42 million. According to the real estate investment trust (REIT), the 160,000 square-foot grocery-anchored neighborhood shopping center is 99% occupied and is leased by restaurants, medical, fitness and service-oriented retailers. In addition, there is a brand-new Stop & Shop […]
M.D.C. Holdings subsidiary Richmond American Homes of Oregon has launched a new community project in called Seasons at Redwood Landing in the Canby Community near Portland, Oregon. The new community project in Canby is said to feature five popular flooring plans from the company’s Seasons Collection. Richmond American Homes of Oregon said that it is […]
GSX Techedu, an online K-12 large-class after-school tutoring service provider in China, said that it had acquired several commercial real estate plots in the Economics Development Area of Zhengzhou in Henan Province for a total sum of RMB333.8 million ($48 million). The Chinese education company paid the first installment of RMB69 million ($9.95 million) and […]
US homebuilder Lennar has launched the Manzana Pointe housing community in Converse, San Antonio, Texas that offers homebuyers the scope to buy an affordable and value-driven home, while getting features like energy efficiency and a full appliance package. Brian Barron – Division President of Lennar San Antonio said: “We’re here to support the first-time homebuyer and […]
ScanlanKemperBard Companies (SKB), a real estate merchant banking company, in a joint venture with investment management firm Harbert Management and developer Wolf/Stutz Investments have acquired a majority stake in the North Denver Industrial Portfolio in Denver, Colorado. The property involved in the transaction is a 482,700 sqft industrial facility located in the Clayton neighborhood. The […]
KKR acquisition of Riata Corporate Park : Global investment firm KKR has acquired Riata Corporate Park in Austin, Texas in a deal worth around $258 million, as per the latest real estate industry news. Riata Corporate Park comprises eight buildings in a space of 688,100 sft. The Class A office campus, which is located in […]
Hines, a real estate investment, development, and management firm, has agreed to invest in Edge-on-Hudson, a mixed-use development situated in Sleepy Hollow, New York, US. Edge-on-Hudson, a joint venture of SunCal and Diversified Realty Advisors, will develop 246 luxury apartments along the banks of the Hudson River in Phase Two. Hines has purchased Parcel F […]
Real estate industry news : Longfellow Real Estate Partners has acquired the Palo Alto Technology Center (PATC) in Palo Alto, California from private equity real estate company KBS for $205 million. The purchase of the Palo Alto Technology Center marks the fifth acquisition in the US West Coast since late 2018 for Longfellow Real Estate […]