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Feb 7, 2020

Yardi Matrix Report Highlights Steady Multifamily Market Growth

SANTA BARBARA, California— A steady national job market and positive demographic trends suggest that the U.S. multifamily market’s long run of consistent performance will continue, according to a new market... Read More

Feb 7, 2020

Luxury Housing Prices Strengthen in Fourth Quarter

SEATTLE— (NASDAQ: RDFN) — The average sale price for luxury homes nationwide climbed 1.6% year over year to $1.63 million in the fourth quarter of 2019, a rebound that marks the largest gain since the... Read More

Feb 6, 2020

Under Armour Announces Colin Browne As Chief Operating Officer And Paul Fipps As Chief Experience Officer

BALTIMORE— Under Armour, Inc. (NYSE: UA, UAA) today announced that Colin Browne has been appointed Chief Operating Officer (COO) and Paul Fipps has been named Chief Experience Officer (CXO), a newly created position. Effective February 17th, both... Read More

Feb 6, 2020

Hunt Companies, Inc. Signs a Definitive Agreement to Sell Its Interest in Pinnacle to Cushman & Wakefield

EL PASO, Texas— Hunt Companies, Inc. (“Hunt“) has entered into a definitive agreement to sell its majority interest in Pinnacle Property Management Services, LLC (“Pinnacle”) to Cushman & Wakefield (NYSE: CWK).  Hunt invested... Read More

Feb 6, 2020

Majors Management Announces Acquisition Of The Retail Fuel Distribution Business Of The McPherson Companies

LAWRENCEVILLE, Ga.— Majors Management, LLC and its affiliates (“Majors”) have announced today its acquisition of 185 retail fuel supply contracts from The McPherson Companies, Inc. of Birmingham, AL (“McPherson”). The McPherson portfolio increases... Read More

Feb 6, 2020

SmartStop Asset Management Expands Leadership Team with the Addition of Brad Watt as Executive Vice President

LADERA RANCH, Calif.— SmartStop Asset Management, LLC, a diversified real estate company focused on student and senior housing, announced today that it has hired real estate investment veteran Brad Watt as executive vice... Read More

Feb 6, 2020

Lightstone Completes $103 Million Series B Bond Offering On Tel Aviv Stock Exchange

NEW YORK— Lightstone has completed a Series B bond offering of $103 million on the Tel Aviv Stock Exchange. The bonds were sold by Lightstone Enterprises Limited (LEI), a BVI-registered public company that is a... Read More

Feb 6, 2020

JLL Income Property Trust Announces Tax Treatment of 2019 Distributions

CHICAGO—  JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), today announced the income tax treatment of its 2019 dividends.  For the tax year ended December 31,... Read More

Feb 5, 2020

PREIT Schedules Fourth Quarter 2019 Earnings Release and Conference Call

PHILADELPHIA— Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending December 31, 2019 after market trading closes on Tuesday, February 25, 2020.  Management has scheduled a... Read More

Feb 5, 2020

Grace Hill Launches First Element of Its Workforce Talent Management Platform for Multifamily Housing – Vision 2020

GREENVILLE, S.C.— Grace Hill, the leading provider of talent performance solutions for multifamily housing property management, announced today the launch of the first phase of its totally redesigned workforce talent management... Read More