Real Estate/page/14 news and trends

Millennials Forgo Homeownership and Boost Rent-to-Build Market
Real Estate // December 11, 2024

With homeownership increasingly out of reach, many millennials are turning to high-end rentals. Developers are in a hurry to meet that demand even if it means constructing fewer homes to sell, The Wall Street Journal reported Tuesday (Dec. 10). For example, there’s AvalonBay Communities, one...

Macy’s Activist Investor Pushes for Real Estate Play
Real Estate // December 09, 2024

An activist investor is reportedly pushing Macy’s to focus more on its real estate. Barington Capital wants the department store chain to create a separate real estate unit inside the company to help revitalize its flagging stock, The Wall Street Journal reported Monday (Dec. 9)....

Wells Fargo Selling San Francisco HQ in Eastward Expansion
Banking // December 04, 2024

Wells Fargo is reportedly selling its San Francisco headquarters as its leadership heads east. The banking giant’s office in San Francisco’s Financial District could go up for sale as soon as this month, the Wall Street Journal (WSJ) reported Wednesday (Dec. 3), citing sources familiar...

Mesh and MRI Partner on Spend Management for Real Estate Companies
Partnerships // December 02, 2024

Mesh Payments and MRI Software have partnered to deliver a unified spend management solution to companies in the real estate industry. This collaboration will integrate Mesh’s global corporate travel and expense (T&E) management platform with MRI Software’s property management platform, the companies said in a...

Interviews & Exclusives
How to Stop Real Estate Fraud? Make Sure the Government-Issued ID Isn’t Fake

October 07, 2024
The line from “The Godfather” rings true in the age of digital fraud and stolen identities: It’s not personal; it’s strictly business. A guiding principle of business is diversification. The more diversified one is, the more likely one will see a return on investment. Fraud is a business, and the criminals seek ROI. “We’re not […]

New AI Applications Aim to Unlock Equity to Break Real Estate Gridlock

September 12, 2024
The U.S. housing market has been in a state of gridlock for the past few years. The result is the cycle currently defining today’s landscape, where homeowners feel locked in,...

Property Managers Play the Technology Card to Win Tenants and Investors

June 25, 2024
Digital innovation is only as good as the customers it serves. Look at Amazon. Look at Netflix. But those are the most valuable players in the relatively short lifespan of...

FoxyAI: Real Estate Frustration Leads to Valuation Innovation

February 26, 2024
In the real estate business, how a property looks has a big impact on how potential buyers make a decision. With so much at stake, real estate professionals have turned...

Quick Reads
Hostaway Secures $365 Million to Expand Short-Term Rental Platform

December 17, 2024
Hostaway has secured a $365 million strategic growth investment to expand its vacation rental software and management system designed for short-term rental property owners and managers. The company will use the new funding to support its international expansion, product development and artificial intelligence (AI) initiatives, Hostaway said in a Tuesday (Dec. 17) press release. “This […]

Millennials Forgo Homeownership and Boost Rent-to-Build Market

December 11, 2024
With homeownership increasingly out of reach, many millennials are turning to high-end rentals. Developers are in a hurry to meet that demand even if it means constructing fewer homes to...

Macy’s Activist Investor Pushes for Real Estate Play

December 09, 2024
An activist investor is reportedly pushing Macy’s to focus more on its real estate. Barington Capital wants the department store chain to create a separate real estate unit inside the...

Wells Fargo Selling San Francisco HQ in Eastward Expansion

December 04, 2024
Wells Fargo is reportedly selling its San Francisco headquarters as its leadership heads east. The banking giant’s office in San Francisco’s Financial District could go up for sale as soon...