Homeless charity’s fight over rent arrears adds to property funds’ woes, including rising interest rates and sceptical investorsMatt Fearnley’s charity owes almost £1m in rent to its landlord – but that bill is likely to keep growing unless his long list of complaints ranging from black mould to leaking ceilings is addressed.Fearnley, the chief executive of homelessness charity Noble Tree Foundation, has withheld several months’ rent from Home Reit, a London Stock Exchange-listed real estate investment trust, over what he says is £3.2m owed for repairs and insurance that have not been forthcoming. Continue reading...
"What law school couldn’t teach me, and what I had to learn by doing, is that a successful real estate investing business is a three-legged stool."
Investors to receive monthly pay out of 5% annual distributions beginning in April PHOENIX, Feb. 7, 2023 /PRNewswire/ -- Neighborhood Ventures announced today that Neighborhood Ventures Real Estate Income Trust ("NV REIT" or "the REIT") has entered into a definitive agreement to acquire its first property, Venture on Williams. The acquisition will be through an equity buyout valued at $5 million or $250,000 per unit, which implies a 5.5% forward twelve-month cap rate. Venture on Williams, a 20-unit apartment building located in Mesa, Arizona, was initially purchased by Neighborhood Ventures in 2020 with capital the company raised through investor crowdfunding.
More than 300 industry professionals honored for their newsworthy contributions to the residential real estate profession NORWALK, Conn., Feb. 7, 2023 /PRNewswire/ -- RISMedia, the leading information and news provider for the residential real estate industry, has announced its 2023 list of Real Estate Newsmakers. For this year's honorees, resilience and innovation were imperative to survive 2022's precipitous shift in market conditions. Despite the many challenges and obstacles thrown in their path, many found ways to not just survive but thrive.
Ladies and gentlemen, thank you for standing by. Welcome to KKR’s Fourth Quarter 2022 Earnings Conference Call. During today’s presentation, all parties will be in a listen-only mode. And following management’s prepared remarks, the conference will be opened for questions. [Operator Instructions] As a reminder, this conference call is being recorded. I will now hand the call over to Craig Larson, Head of Investor Relations for KKR. Craig, please go ahead. Thank you, operator. Good morning, everyone. Welcome to our fourth quarter 2022 earnings call.
Best-selling author and real estate investor Matt Picheny shares his story of how being an actor and advertising industry executive led to a career in real estate – and how others can use this asset class to generate passive income NEW YORK, Feb. 7, 2023 /PRNewswire/ -- Matt Picheny,...
The ASX-listed diversified fund manager has a market value of $1.56 billion, and has a focus on agriculture, capital lending and healthcare real estate.
Victor Adegbile, the co-founder and chief executive officer (CEO) of Land Republic, recently emphasized the importance of making smart investment choices in real estate to hedge against inflation. According to Adegbile, investing in ‘Epe Boulevard’, a premium property in Epe, offers real estate investors a smart opportunity to hedge their fund against inflation. “It is […] read more Epe Boulevard offers smart investment choices for the future – CEO, Land Republic.
A bill would raise the tax slapped on sales of homes, warehouses and other real estate in Nevada. : With Nevada’s legislative session underway, a proposal has been made to boost the real estate transfer tax to raise money for mental health care needs and other services, a supporter said Monday. Senate Bill 68 would raise the tax levied on sales of homes, warehouses and other real estate to fund assistance for “very low income housing,” supportive housing and supportive services.