Real Estate News

Saint Augustine’s University, real estate firm announces $75 million campus land project

RALEIGH, NC — Saint Augustine’s University and Atlanta-based real estate development firm Carter agreed to a proposed $75 million campus land project.

The university announced plans on Saturday to develop a 320-unit multifamily project on the property.

“This development opportunity is a beacon of light for students, the Raleigh community, and the global society to engage with SAU in this transformative venture,” Board of Trustees Chairman James Perry said in a news release.

Board of Trustees Vice Chairman Brian Boulware echoed Perry’s sentiments.

“I am excited to see the impact that this development venture will have on SAU and the

Real Estate News

Boomers Have Changed. How Will This Impact Real Estate? — RISMedia

At 70.4 million strong and second only in size to the 73.2 million millennials, baby boomers still yield the greatest influence on real estate of any generation. But, most importantly, the pandemic has forever changed the boomer as a consumer.

What will this mean for real estate? After all, boomers have possessed the most real estate wealth for more than two decades.

The pandemic has required us to rethink boomers. Before the pandemic, 84% of boomers preferred to shop in-store, according to CBRE. However, by the end of 2020, an estimated 62% of boomers were online shoppers, reports eMarketer.

The

Real Estate News

We’re proud to be new patrons of LoveBrum

What is LoveBrum?

LoveBrum is a registered charity that supports hidden gem projects across Birmingham that are often volunteer-led and that deliver real change, with outcomes that can be seen, measured, enjoyed, and loved.

We support the ‘hard-to-reach’ projects; thosecausesthat do not receive the platform or funding that they probably deserve. We aim to support over 36 projects per year, and to reach out to all corners of our city to remind people how great Birmingham is.

Every penny is raised from individual memberships and fundraising stays in Birmingham and goes straight to the chosen causes. We encourage

Real Estate News

Will 2022 be the year to invest in UK property?

Will 2022 be the year to invest in UK property?

The UK is one of the world’s most popular countries in which to invest in residential property. It’s not surprising.

According to a report by DLA Piper, the law firm, which was published at the end of 2020, the UK continued to be an attractive country when it came to investing in the sector. In its survey of 500 high net worth investors and asset managers, one third said it was planning to invest in UK bricks and mortar, while those whose headquarters are in China and the USA rated

Real Estate News

Why is Birmingham a great place to invest right now?

Why is Birmingham a great place to invest right now?

Away from the glitz and glamor (and expense) of London, Birmingham has earned the title of second city. With a fascinating history and exciting future, Birmingham is on the investment radar. Investors are beginning to see the potential for growth and advancement, and the general buzz around Birmingham is getting louder.

If you’re considering adding property in Birmingham to your portfolio, here are 5 reasons you should invest in Birmingham right now.

Birmingham’s Rich Culture

Birmingham gives investors the chance to own property in a city with a rich and thriving culture. The landscape speaks to its history as an

Real Estate News

Mental Health Month: Supporting LoveBrum

Mental health awareness week takes place from 9th -15th May and this year the theme is loneliness. Loneliness is an emotion that is rarely talked about openly and many people suffer in silence. The ONS reported that between 3rd April and 3rd May 2020, around 2.6 million adults in the UK reported that they felt lonely ‘often’ or ‘always’. After almost 2 years of lockdowns and social distancing, the pandemic has had a huge impact on our mental health overall and loneliness is rising as a result.

At Prosperity Wealth, we understand that as an organization

Real Estate News

Oregon Public Employees Retirement Fund Increases Stock Position in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Oregon Public Employees Retirement Fund lifted its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE – Get Rating) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,645 shares of the real estate investment trust’s stock after purchasing an additional 325 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Alexandria Real Estate Equities were worth $1,689,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Strs Ohio

Real Estate News

How Mayor Andy Street is supporting investment in Birmingham

Major Andy Street is a big advocate for Birmingham, and rightly so. It’s part of the job description after all. Recently, he has been very active on social media discussed the continued investment in Birmingham. We’ve taken a deeper dive into what he’s been talking about over the past few months and summarised it here for you.

Who is Andy Street?

Andy Street was first elected as Mayor of the West Midlands in 2017. He was then re-elected in 2021 and will serve a further three years as Major. He represents almost 3 million people in Birmingham and the surrounding