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Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up

Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up

A record low number of homes for sale combined with an uptick in homebuyer demand propped up housing prices in June, even as elevated mortgage rates kept many buyers on the sidelines. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median U.S. home sale price was $426,056 in June, just 1.5% ($6,341) below the all-time high of $432,397 set in May 2022…

ExchangeRight REIT Completes 506(c) Conversion Following Successful Public Reporting Launch

ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, has announced that the ExchangeRight Essential Income REIT has converted to a 506(c) offering as of July 6 following its successful transition to a publicly reporting company as of June 26 to better serve the registered representatives, broker dealers, advisors, and institutions with whom the REIT works to offer its shares…

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Survey: Office Demand Resilient Amid Stress

Survey: Office Demand Resilient Amid Stress

Survey: Office Demand Resilient Amid Stress Physical workspaces are vital, but 61 percent of tenants are likely to reassess their space needs, according to a major new study...

The Hotel Sector Prepares for a Long Winter

The Hotel Sector Prepares for a Long Winter

The Hotel Sector Prepares for a Long Winter With distribution of working vaccines on the horizon, a recovery for the sector should take shape throughout 2021. December 2,...

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Are REITs Like Bonds: Why or Why Not?

Are REITs Like Bonds: Why or Why Not? With the Federal Reserve finally beginning to raise short-term interest rates from the historical lows over the last several years, we may want to compare REITs to bonds and consider the ways in which investor returns from...

Blackstone’s REIT Buys $116M of Mortgage-backed Securities

Blackstone’s REIT Buys $116M of Mortgage-backed Securities March 27, 2017 | by James Sprow | Blue Vault In March 2017, the REIT purchased $116 million of commercial mortgage-backed securities issued by a trust sponsored by Goldman Sachs, and secured by a...

CNL Healthcare Properties II Lowers Fees in Current Offering

CNL Healthcare Properties II Lowers Fees in Current Offering March 27, 2017 | by James Sprow | Blue Vault On March 20, 2017, the REIT and CNL Securities Corp., its dealer manager, entered into an Amended and Restated Dealer Manager Agreement, which amends and restates...

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