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Residential construction jobs now 7.6% above pre-COVID level

Housing Wire

After a month of very little change in April , the construction sector had a solid month of job growth in May, according to the U.S. Construction gained 36,000 jobs in May, with residential building adding 5,000 jobs and residential specialty trade contractors gain 11,700 jobs. The post Residential construction jobs now 7.6%

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Movement Mortgage names Joe Thompson as regional director

Housing Wire

In his new role, Thompson will also be responsible for driving growth and expanding the company’s market presence while fostering relationships with real estate partners. The lender also provides rate-and-term and cash-out refinancing, along with construction and renovation loans.

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Planet acquires Platinum Home Mortgage Corporation

Housing Wire

Connecticut-based lender and servicer Planet Home Lending has acquired the assets of Illinois-based retail lender Platinum Home Mortgage Corporation. We look to acquire right-sized, financially solid distributed retail companies.” The financial terms of the transaction have not been disclosed.

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Off-the-grid deals: Distressed property trends and market insights

Housing Wire

It’s oddly enough in states where people are leaving,” said Florida-based real estate investor Paul Lizell of the markets where he is more focused on acquiring investment properties in 2024. I’m still focusing on those markets with very low (retail) inventory. It’s very, very market dependent right now. in Q1 2023. in Q1 2023.

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Atlas, DivcoWest prepare $1B single-family rental venture

Housing Wire

Atlas Real Estate and DivcoWest declared last week that they will spend $1 billion “acquiring and renovating homes in high-growth states including Colorado, Arizona, Idaho, Nevada, and Utah,” according to a press release. billion equity infusion from investors including Centerbridge and Allianz Real Estate.

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Selling Commercial Real Estate? 24 Practical Techniques to BOOST YOUR ROI on 5 Different Property Types

The Robert Weiler Company

When selling commercial real estate, the favorite phrase, “A little bit goes a long way,” holds much truth. Below are 24 practical tips you can use to improve any of the five major types of commercial real estate. What is Return on Investment in Commercial Real Estate?

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Commercial Real Estate Niches Booming in 2021

McKissock

Real estate professionals in the commercial industries know that markets can change dramatically in the course of just a few years. Some commercial real estate niches floundered and others flourished over the past year, depending on how different industries were hit by the pandemic. . Life Sciences. billion online.