real estate news today Archives

Principles for US ESG Regulation Released by American Bankers Association | Perspectives & Events

Post Author By Evo Plus
Post Date September 7, 2024

On June 23, 2022, the American Bankers Association and 51 state bankers associations released a letter to the federal financial regulators¹ that describes the principles the regulators should use when developing guidance and regulations on environmental, social, and governance (“ESG”) issues (“Industry Letter”).² These principles reflect the industry’s view on how the government can maintain a free-market financial system that also addresses national and global challenges.

The Industry Letter is driven by growing concern that new ESG regulatory requirements will impede banks’ ability to provide necessary products and services to customers. In this Legal Update, we provide background

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The Chinese Housing Market: What UK Investors Need to Know

Post Author By Evo Plus
Post Date August 5, 2024

Unlike countries such as the US and South Korea, the UK is not one of China’s main trading partners. Therefore, the UK housing market is not likely to be as affected if the Chinese housing market does collapse.

However, it will still be affected due to the number of Chinese investors in the UK housing market. Ever since Brexitthe number of Chinese investors has risen by considerable amounts.

Between 2013 and 2019, there was a rise of over 10% in the number of mainland Chinese investors accounting for purchases of properties worth over £1 million. Three areas of London

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Real Estate News

UK Property News Round-Up: What Happened in Spring/Summer 2022? – Property Investment Company: Over 75,000 Happy Investors

Post Author By Evo Plus
Post Date July 27, 2024

Following on from the early signs of slowing growth in May, June saw further evidence that the growth the property market has been experiencing was beginning to slow down. As you can see above, the annual price growth took a sharp decrease from the previous month of 5%.

This began a decline in price growth which would continue into the summer, as the rapid increase in the property market at the beginning of the year calmed down. Although there would still be positive price growth going forward, it would not reach the same highs as March and April.

Although there

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Real Estate News

Inked: Recent LI real estate deals

Post Author By Evo Plus
Post Date July 19, 2024

1100 Prospect Ave., West Islip

Mercurio Photography leased 1,662 square feet of warehouse and office space at 1100 Prospect Ave. In West Islip. Jamie Winkler of Winkler Real Estate represented the tenant, as well as the landlord, Mibran Realty Corp., in the lease transaction.

231 Wading River Road, Center Moriches

231 Wading River Road LLC, an entity registered to a Port Jefferson-based real estate investor, purchased a 2,975-square-foot retail building on 1.5 acres at 231 Wading River Road in Center Moriches for $4.4 million. The convenience store and gas station on the property are net-leased to 7-Eleven. Jeff Dahlman of

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Real Estate News

Buying Property For Airbnb – How to Get Started

Post Author By Evo Plus
Post Date June 19, 2023

Traditionally, investing in buy to let property has been one of the most stable and assured methods of generating a lucrative, long-term passive income.

As the UK market is historically one of the strongest and most resilient in the world, it’s easy to see why global investors consistently choose thriving cosmopolitan cities like London, Liverpool and Manchester in which to direct their capital.

Norms and traditions, however, are two things that have increasingly taken a back seat in all walks of modern life. So, what of the contemporary world of buying to let property investment?

Well, although many of the

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Real Estate News

ChatGPT weighs in on OKC real estate and … me, plus lots of news

Post Author By Evo Plus
Post Date May 21, 2023

Hey, y’all. This AI stuff − Artificial Intelligence, ChatGPT, developed by OpenAI, is freaky.

You may or may not know that I’m a part-time minister. On a lark the other day, I tried out ChatGPT by asking it to write a sermon on “loving your enemies.” Timely to say the least, the way this country sometimes seems to be coming apart at the seams. I will spare you the preachin’, just to keep my worlds from colliding.

I’ve been playing with it in spare moments. Last night I made this goofy request:

Hey, ChatGPT! Write a 10-line poem about Richard

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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 May 9, 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

FY2023 Earnings Estimate for Dream Office Real Estate Investment Trust (TSE:D) Issued By National Bank Financial

Post Author By Evo Plus
Post Date April 21, 2023

Dream Office Real Estate Investment Trust (TSE:D – Get Rating) – Equities researchers at National Bank Financial lowered their FY2023 earnings per share estimates for shares of Dream Office Real Estate Investment Trust in a research report issued on Monday, April 17th. National Bank Financial analyst M. Kornack now expects that the company will post earnings per share of $1.45 for the year, down from their previous estimate of $1.51. National Bank Financial currently has a “Outperform Under Weight” rating on the stock. National Bank Financial also issued estimates for Dream Office Real Estate Investment Trust’s FY2024 earnings at $1.57

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