Real Estate News

KKR Real Estate: Q4 Earnings Snapshot

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

Real Estate News

Kohl’s: Trading Below 5x Normalized EPS And Yielding 8% (NYSE:KSS)

Kohl’s: Trading Below 5x Normalized EPS And Yielding 8% (NYSE:KSS)

Bruce Bennett/Getty Images News

2022 has been a wild ride for Kohl’s (NYSE:KSS) shareholders. After a failed sales process and massive earnings shortfall (discussed below), shares have been cut in half in 2022.

However, I believe that normalized earnings are nearly double the current levels. Further, thepresence of activist shareholder Macellum,

Real Estate News

Real estate agent moves and news for Oct. 15, 2022

Chinowth & Cohen Realtors welcome Dustin Truitt to its Coweta office. Truitt grew up in Midland, Texas, and graduated from Trinity Episcopal High School before attending Texas A&M University, where he received a bachelor’s degree in industrial distribution.

Truitt spent 16 years in industrial outside sales in the manufacturing and energy markets. During this career he also began purchasing distressed properties, which he renovated and flipped. He has knowledge of project management, working with contractors and understanding estimates.

A full-time, full-service agent, Truitt is familiar with residential, farm and ranch listings in Tulsa, Broken Arrow, Bixby, Sand Springs and Coweta,

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

I’ve just purchased my first buy-to-let property. What’s next?

Property is a great investment. As long as your rent covers the mortgage on your buy-to-let property, you could make a healthy return on your investment. If you have paid for the property in cash, you are making a clear profit each month minus any insurance or maintenance fees. If you have purchased the property to rent, there is a lot to consider. If this is your first investment property, here are a few points to think about as you begin this exciting journey.

What are your goals?

It’s your decision on what you want to do with the property

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