Real Estate News

The Rising Demand For City Center Houses in the North West

With the current economic boom the housing market is seeing, many are looking to move closer to city centers outside of London. With the capital still showing property values ​​far above the rest of the UK, there are many benefits to moving to different areas.

Cities in the North-West like Liverpool and Manchester are considered the best places to buy property due to their vibrant culture, growing economies and array of job opportunities. This has seen houses in city centers become prime real estate.

Compared to other kinds of properties like flats and apartments, properties like Townhouses or Duplexes offer

Real Estate News

Block 216 to Open in Downtown Portland on August 15

Published: Jun. 20, 2023 at 6:00 AM CDT|Updated: 2 hours ago

BPM Real Estate Group to make the single largest affordable housing investment in Portland’s history

Block 216 closes on additional financing to secure funding through completion

PORTLAND, Ore., June 20, 2023 /PRNewswire/ — BPM Real Estate Group announced the August 15, 2023 opening of Block 216, the 35-story mixed-use tower located in Portland’s Central Business District. Residential condominium sale closings will be scheduled for new owners of The Ritz-Carlton Residences, Portland beginning on opening day. The debut of The Ritz-Carlton, Portland the hotel will

Real Estate News

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Price Crosses Above Fifty Day Moving Average of $43.71

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF – Get Rating) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $43.71 and trades as high as $45.76. Boardwalk Real Estate Investment Trust shares last traded at $45.71, with a volume of 300 shares trading hands.

Analyst Upgrades and Downgrades

Several equity research analysts recently commented on BOWFF shares. CIBC lifted their price objective on Boardwalk Real Estate Investment Trust from C$56.00 to C$64.00 in a report on Monday, February 27th. Scotiabank lifted their price target on shares of Boardwalk Real Estate

Real Estate News

Asbestos Cement: A Guide for Homeowners

How Dangerous Is It?

The inherent danger of asbestos cement lies in the asbestos fibers that it contains. When these fibers are inhaled, they can cause serious health problems. The risk arises when the cement material is disturbed or damaged, causing the asbestos fibers to become airborne.

Asbestos is a known carcinogen and can lead to diseases such as asbestosis, lung cancer and mesothelioma. Asbestosis is a chronic lung disease that causes shortness of breath, coughing and permanent lung damage. Mesothelioma is a rare form of cancer that most commonly affects the lining of the lungs and abdomen.

However, it’s

Real Estate News

Buyers of Trump-developed condominiums haven’t done so well, the new report says

Whether self-proclaimed real estate “mogul” Donald Trump is actually the tycoon he proclaimed to be is up for debate. But according to a new report, people who have purchased apartments in Trump-developed condominiums haven’t done so well, at least not in the last few years when prices have skyrocketed.

A look by Realtor.com at transactions in the properties that carry the former president’s brand found the numbers to be decidedly underwhelming. Prices for the apartments in his buildings “have either declined or appreciated at a slower pace than the local markets they’re in,” according to the official listing site of

Real Estate News

BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Short Interest Down 26.9% in April

BTB Real Estate Investment Trust (OTCMKTS:BTBIF – Get Rating) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 20,400 shares, a drop of 26.9% from the April 15th total of 27,900 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 29.1 days.

Analyst Upgrades and Downgrades

Separately, National Bank Financial cut their target price on shares of BTB Real Estate Investment Trust from C$3.85 to C$3.65 in a research report on Wednesday, May 10th.

BTB Real Estate Investment Trust Stock Performance

Shares

Real Estate News

NexPoint Diversified Real Estate Trust Announces Quarterly Dividends

Published: Apr. 26, 2023 at 8:30 AM EDT|Updated: 21 hours ago

DALLAS, April 26, 2023 /PRNewswire/ — NexPoint Diversified Real Estate Trust (“NXDT”) (NYSE: NXDT) announced today that its board of trustees has declared a quarterly distribution of $0.15 per common share of NXDT. The dividends will be payable on June 30, 2023to shareholders of record on June 15, 2023.

NXDT(PRNewswire)

About NexPoint Diversified Real Estate Trust (NYSE:NXDT)

NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified real estate investment trust (REIT) focused on the acquisition, development, and management

Real Estate News

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Stock Price Up 1%

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF – Get Rating)’s share price rose 1% during trading on Monday . The company traded as high as $10.48 and last traded at $10.48. Approximately 360 shares changed hands during trading, a decline of 72% from the average daily volume of 1,265 shares. The stock had previously closed at $10.38.

Wall Street Analysts Forecast Growth

DREUF has been the topic of several research reports. BMO Capital Markets began coverage on shares of Dream Industrial Real Estate Investment Trust in a report on Tuesday, February 28th. They issued an “outperform” rating on the stock.