real estate news bay area Archives - Page 3 of 4

Alexandria Real Estate Equities (NYSE:ARE) Receives New Coverage from Analysts at StockNews.com

Post Author By Evo Plus
Post Date March 16, 2023

Equities researchers at StockNews.com began coverage on shares of Alexandria Real Estate Equities (NYSE:ARE – Get Rating) in a research report issued on Thursday. The brokerage sets a “hold” rating on the real estate investment trust’s stock.

Several other equity research analysts also recently weighed in on ARE. JMP Securities reaffirmed a “buy” rating and set a $180.00 target price on shares of Alexandria Real Estate Equities in a research note on Tuesday, January 31st. Evercore ISI decreased their price objective on shares of Alexandria Real Estate Equities to $168.00 in a research note on Friday, December 2nd. Mizuho increased

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Liverpool Has Been Voted One of The UK’s Top Student Cities

Post Author By Evo Plus
Post Date March 15, 2023

Considering Liverpool is one of the biggest cities in the UK, prices for both rent and property are very affordable.

The average house price in Liverpool as of December 2022 was £183,512, over £100k below the national average of £295,000. This means Liverpool is one of the most affordable places to buy property in the country, making it an ideal place for student property where lower costs are key.

This affordability translates to the rental market as well. Home.co.uk reports that Liverpool has a median average rent of £745 per calendar month, again below the national average while still being

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Real Estate News

62% of Buy to Let Landlords Report Increase in Tenant Demand

Post Author By Evo Plus
Post Date February 27, 2023

In the midst of the current economic climate, the demand for rental properties has seen a significant upsurge, the latest studies show.

A recent 2023 Landlord Report has seen 62.24% of buy-to-let landlords state they have experienced an increase in demand for their rental properties over the last 12 months.

The research comes courtesy of specialist property finance broker Finbri where an associate has highlighted how owing to the “continued instability of the mortgage market and the UK economy, rental property demand is rising. Due to prolonged uncertainty, first-time buyers are postponing entry into the market.”

Landlords in Central London

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Real Estate News

New Statistics Show High Rental Demand for 2023

Post Author By Evo Plus
Post Date February 11, 2023

The number of people currently inquiring about homes to rent has increased by roughly 23% since last year, while a recent Zoopla report highlights that rental inquiries per estate agency branch are 46% above the 5-year average.

On the other hand, the current stock of homes for rent is 38% below the average of the past five years and 4% below what it was in November 2021, highlighting the supply gap that the UK currently faces.

In many cases, this has resulted in lets being agreed upon before viewings have even taken place and instances in which potential tenants are

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Real Estate News

KKR Real Estate: Q4 Earnings Snapshot

Post Author By Evo Plus
Post Date February 8, 2023

NEW YORK (AP) — NEW YORK (AP) — KKR Real Estate Finance Trust Inc. (KREF) on Tuesday reported fourth-quarter net…

NEW YORK (AP) — NEW YORK (AP) — KKR Real Estate Finance Trust Inc. (KREF) on Tuesday reported fourth-quarter net income of $20.3 million.

On a per-share basis, the New York-based company said it had a profit of 21 cents. Earnings, adjusted for non-recurring gains, were 18 cents per share.

The real estate finance company posted revenue of $51.9 million in the period.

For the year, the company reported profit of $38.1 million, or 23 cents per share. Revenue was

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Real Estate News

Missing Cohasset mom Ana Walshe’s husband seen on camera as police return home, children removed

Post Author By Evo Plus
Post Date January 9, 2023

Cohasset, Massachusetts, police returned to the home of missing mother-of-three Ana Walshe on Sunday.

Fox News Digital obtained exclusive images showing a man who appeared to be Walshe’s husband, Brian Walshe, on the scene. He drives a red Volkswagen away from the home.

Three children were seen being transported in a separate vehicle, a gray Volvo, by whom friends or relatives believed to be, away from home, Fox News Digital can report. Law enforcement appeared to have moved the family from the house to investigate its contents.

Ana Walshe, 39, was last seen on New Year’s Day when she was

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Real Estate News

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

Post Author By Evo Plus
Post Date December 29, 2022

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

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Real Estate News

Looking forward to the success of 2022

Post Author By Evo Plus
Post Date October 16, 2022

2021 was an incredibly busy year for the Prosperity completions team, as we delivered six developments across the country – and 2022 looks to be just as productive as we kick off the new year with a further four developments.

Last year, of course, brought many challenges to every type of business as the world grappled with the implications of the Covid-19 pandemic – and we in the construction industry certainly faced the global supply issues on materials. But I am proud to say we are still managed to deliver more than 500 properties within contractual time frames.

Tameway Tower

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