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Anywhere Real Estate reports $19M in Q2 net income

Housing Wire

The uptick in home sales during the second quarter of 2023 helped Anywhere Real Estate get back in the black. After posting a net loss of $138 million in Q1 2023 , the real estate conglomerate rebounded to report $19 million in net income for the second quarter. second lien secured notes due 2030. “We

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Just 36 real estate brokerages and teams made the Inc. 5000 in 2023

Housing Wire

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023. Rank Company Growth (3-yr Avg.)

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Rithm to offer up to 34.5M shares of common stock in public offering

Housing Wire

Rithm Capital, previously a real estate investment trust (REIT), has changed course to become an asset manager, which resulted in the acquisition of Sculptor Capital Management for $719.8 Earlier this year, the company issued $775 million in senior unsecured notes due in 2029 for qualified institutional buyers.

Investors 412
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Rithm Capital to issue $775M in unsecured debt

Housing Wire

Rithm Capital , a New York-based asset manager with a focus on real estate — and the parent of multichannel lender Newrez — is the latest company in the mortgage space to issue debt. On Monday, Rithm announced its plan to offer $775 million in senior unsecured notes due in 2029 for qualified institutional buyers.

Investing 448
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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2029. The past year hasn’t been particularly good for tech or housing. They must be U.S.-based,

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How to Become a Property Appraiser

McKissock

There are many opportunities for new real estate appraisers entering the profession today. The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations. Every piece of real property, from a two-bedroom condo to a 500-acre farm, has a value.

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Eastside Light Rail Expansion Offers Hope for More Housing

Will Springer Realtor

In my limited research of projects within walking distance of the new Eastside stations, only three are planned for-sale residential real estate. The project is likely to start in 2029. > Some are already open for business while others are taking shape or still on the drawing board. > Bosa Development, the U.S.