real estate news california Archives - Page 2 of 3

Rents in the UK Rise to Record Levels

Post Author By Evo Plus
Post Date 05/07/2023

From a buy-to-let investment perspective, there are a number of regions across the UK showing strong signs of rental growth such as the North West, which saw an increase of 0.83% in the average rental price between April and May.

This sits above the average increase of 0.73% across England and 0.32% in the Greater London area, making North West one of the most promising regions in which to invest when it comes to rental growth.

Furthermore, the North West’s two main cities, Liverpool and Manchester, have now established themselves among the best buy-to-let investment areas in the UK, offering

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Block 216 to Open in Downtown Portland on August 15

Post Author By Evo Plus
Post Date 20/06/2023

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

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Real Estate News

European Residential Real Estate Investment Trust (TSE:ERE.UN) Shares Down 0.3%

Post Author By Evo Plus
Post Date 09/05/2023

European Residential Real Estate Investment Trust (TSE:ERE.UN – Get Rating) shares were down 0.3% during trading on Monday . The company traded as low as C$3.33 and last traded at C$3.33. Approximately 11,474 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 77,120 shares. The stock had previously closed at C$3.34.

Analysts Set New Price Targets

A number of research analysts recently commented on ERE.UN shares. Cormark set a C$4.15 target price on European Residential Real Estate Investment Trust and gave the company a “buy” rating in a research note on Wednesday, March

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Real Estate News

Crossmark Global Holdings Inc. Buys 605 Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Post Author By Evo Plus
Post Date 03/04/2023

Crossmark Global Holdings Inc. lifted its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Get Rating) by 8.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,887 shares of the real estate investment trust’s stock after purchasing an additional 605 shares during the period. Crossmark Global Holdings Inc.’s holdings in Alexandria Real Estate Equities were worth $1,149,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Ronald Blue Trust Inc. bought a new stake in shares of Alexandria Real Estate Equities during

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Real Estate News

Murdaugh items from South Carolina estate Moselle up for auction as home sellers

Post Author By Evo Plus
Post Date 22/03/2023

Items from the Murdaugh family’s South Carolina hunting estate, where Alex Murdaugh shot his wife and son in June 2021, are being auctioned off Thursday in Pembroke, Georgia.

Bidding will take place in person only at Liberty Auction in Pembroke.

“Here is a glimpse into a prominent estate picked up in Colleton County, South Carolina,” the auction said in a March 18 Facebook post, along with photos of the furniture. “We still have a lot of arrangements to do but we can’t wait to see everyone Thursday night!”

The household items and furniture include a leather couch set with pillows

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Real Estate News

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

Post Author By Evo Plus
Post Date 16/03/2023

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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Real Estate News

A Beginner’s Guide to Investing

Post Author By Evo Plus
Post Date 20/02/2023

Curious to learn more about how to make money in real estate? Are you itching to invest? We don’t blame you—real estate can be a solid investment as part of an overall portfolio, and a great way to ramp up cash flow.

But what’s the best way to invest in real estate—without too much risk? There are two main real estate investing strategies: Fix and flip, or buy and lease out your real estate purchases.

Real estate can be an exciting avenue to significant dividends. Hopeful landlords, though, should carefully evaluate front-end expenses and long-term work before deciding to invest.

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Real Estate News

KKR Real Estate: Q4 Earnings Snapshot

Post Author By Evo Plus
Post Date 08/02/2023

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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