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Preview: Market Wire - Real Estate and Construction: Residential Real Estate

Marketwired - Residential Real Estate



Marketwired - Residential Real Estate



Last Build Date: Fri, 17 Nov 2017 15:02:09 EST

Copyright: Copyright: (C) Marketwired
 



Stantec Tower Grows Closer to Tallest Building in Western Canada With Topping-Off of Commercial Level

Fri, 17 Nov 2017 14:30:00 EST

Commercial level topping off makes way for SKY Residences construction




Freddie Mac Prices $279 Million Offering of Guaranteed Tax-Exempt ML Certificates

Fri, 17 Nov 2017 11:30:03 EST

Second Offering Continues Support for Multifamily Affordable Housing Projects




First GREEN Bank Lends Nearly $4 Million to Facilitate Debary Town Center Development

Fri, 17 Nov 2017 10:10:09 EST

Loan supports Charles Wayne for the development of mixed use land project in Debary Transportation Overlay District (TOD) surrounding SunRail Station




Survey Rates: SoFlaScrubbers As The Best Gutter Cleaning Service in Palm Beach County

Fri, 17 Nov 2017 08:15:00 EST

WELLINGTON, FL--(Marketwired - Nov 17, 2017) - SoFlaScrubbers has been rated as The Best Gutter Cleaning Service in Palm Beach County based on their price and service call time. There are dozens of additional reasons the Florida company, which specializes in gutters, residential window cleaning, and solar panels, is clearly the top choice among consumers who think the word "clean" should actually mean something.




Statement Regarding Complaint Filed on Behalf of Senior Unsecured Noteholders

Thu, 16 Nov 2017 15:09:11 EST

This announcement is for informational purposes only, and is not intended to, and does not, constitute or form part of any offer or invitation to sell or issue, or any solicitation of an offer to purchase or subscribe for, any securities of the Algeco Group (as defined below). This announcement is not for distribution or release in or into any jurisdiction in which offers or sales would be prohibited by applicable law.




Freddie Mac Announces Reentry into Low-Income Housing Tax Credit Market

Thu, 16 Nov 2017 14:05:00 EST

Initiative Will Provide up to $500 Million for Affordable Housing




Freddie Mac Announces Pricing of $258 Million Multifamily Small Balance Loan Securitization

Thu, 16 Nov 2017 13:28:19 EST

MCLEAN, VA--(Marketwired - Nov 16, 2017) - Freddie Mac (OTCQB: FMCC) announces the pricing of the SB42 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $258 million in Multifamily SB Certificates (SB42 Certificates), which are anticipated to settle on or about November 28, 2017. Freddie Mac Small Balance Loans generally range from $1 million to $6 million and are backed by properties with five or more units. This is the seventeenth SB Certificate transaction in 2017.




Allied Properties Real Estate Investment Trust Announces November 2017 Distribution

Thu, 16 Nov 2017 10:26:39 EST

TORONTO, ONTARIO--(Marketwired - Nov. 16, 2017) - Allied Properties REIT (the "REIT") (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1275 per unit for the month of November 2017, representing $1.53 per unit on an annualized basis. The distribution will be payable on December 15, 2017, to unitholders of record as at November 30, 2017.




Freddie Mac Prices $1 Billion Multifamily K-Deal Backed by Seasoned Loans

Thu, 16 Nov 2017 10:10:38 EST

MCLEAN, VA--(Marketwired - Nov 16, 2017) - Freddie Mac (OTCQB: FMCC) recently priced a K-P Series offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed securities. The company expects to issue approximately $1 billion in K Certificates (K-P04 Certificates), which are expected to settle on or about November 28, 2017.




Mortgage Rates Bounce Up

Thu, 16 Nov 2017 10:00:00 EST

MCLEAN, VA--(Marketwired - Nov 16, 2017) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the average 30-year fixed mortgage rate moving to its highest mark since July. 




TaskEasy Raises $21.3M Series C to Expand On-Demand Lawn Maintenance Services

Thu, 16 Nov 2017 08:00:00 EST

TaskEasy brings online convenience to property and lawn maintenance nationwide, improves customer and property manager experience, and contractor efficiency




NMI Holdings, Inc. Agrees to New Reinsurance Arrangement for 2018-2019 With Broad Panel of Highly Rated Reinsurers, Provides Webcast Instructions for its Investor Day

Thu, 16 Nov 2017 08:00:00 EST

EMERYVILLE, CA--(Marketwired - November 16, 2017) - NMI Holdings, Inc. (NASDAQ: NMIH) today announced that National Mortgage Insurance Corporation (National MI), its wholly-owned insurance subsidiary, has agreed, subject to customary approvals, to a new quota share reinsurance treaty with a broad panel of highly rated reinsurers, to take effect on January 1, 2018. Under the new arrangement, National MI will cede, subject to certain limitations, exclusions, and conditions, 25% of its 2018 primary new insurance written and 20% to 30% (amount at the company's sole election, to be exercised no later than December 1, 2018) of its 2019 primary new insurance written. The company will receive a ceding commission equal to 20% of ceded premiums, as well as a profit commission equal to 61% of ceded premiums, reduced by any losses ceded under the treaty.




Northview Apartment REIT Announces $197 Million Strategic Acquisition of 1,250 Units in Key Growth Markets

Wed, 15 Nov 2017 17:38:42 EST

CALGARY, ALBERTA--(Marketwired - Nov. 15, 2017) - Northview Apartment Real Estate Investment Trust ("Northview") (TSX:NVU.UN) today announced it has agreed to acquire a 1,250 unit portfolio from independent third-party vendors and affiliates of Starlight Group Property Holdings Inc. ("Starlight"), for an aggregate purchase price of $196.8 million, with a weighted average capitalization rate of 4.4%. In addition, Northview has agreed to a sale, to an independent third-party vendor, of a 216 unit non-core asset located in Kitchener, ON, for $37.7 million. Following these transactions, which are expected to close in early December 2017, Northview's multi-family portfolio will increase to over 25,000 units.




Talonvest Arranges a $13.4M Loan for State-of-the-Art Storage Facility

Wed, 15 Nov 2017 15:50:20 EST

IRVINE, CA--(Marketwired - November 15, 2017) - Talonvest Capital, Inc., a boutique self storage and commercial real estate advisor, successfully negotiated a $13,400,000 conduit loan to refinance Goodfriend Self Storage on behalf of venture partners, Post Management and Clark Investment Group. The state-of-the-art facility is located at 4301 Tonnelle Avenue, North Bergen, NJ. Originally built as an industrial warehouse, the property was recently converted into a two-story, class A, storage facility with 89,800 climate controlled, rentable square feet. The cash out loan repaid the existing construction/bridge loan, returned the original equity invested, and paid the accrued preferred return to the equity. A global investment banking firm, with whom Talonvest has a long-standing relationship, provided a 10-year, non-recourse loan with two years of interest only payments. Unique features of this assignment included using forward looking underwriting in the original sizing of the loan and final loan sizing based on a sub 8% debt yield. The aggressive approach to sizing the loan was influenced by the experience of the sponsorship, the quality conversion of the real estate, and the premiere market.




Chartwell Announces a Public Offering of $245 Million of Trust Units

Wed, 15 Nov 2017 15:29:36 EST

MISSISSAUGA, ONTARIO--(Marketwired - Nov. 15, 2017) -




Chartwell Agrees to Acquire Five Retirement Residences in Alberta

Wed, 15 Nov 2017 15:21:36 EST

MISSISSAUGA, ONTARIO--(Marketwired - Nov. 15, 2017) - Chartwell Retirement Residences (TSX:CSH.UN) ("Chartwell") announced today that it has entered into a definitive agreement relating to the purchase of five retirement communities comprising 1,031 suites in the Greater Edmonton Area, Alberta (the "Portfolio"). Four of the retirement communities have 775 suites comprising 723 operational suites, plus a 52 suite addition to one community that is under construction and expected to be completed in Q2 2018 (the "Initial Portfolio"). One community has 256 suites currently under development (the "Development Property"). The Initial Portfolio will be acquired for a purchase price of $298.0 million representing an expected capitalization rate of approximately 6.2%.




Northview Apartment REIT Announces November 2017 Distribution

Wed, 15 Nov 2017 14:57:39 EST

CALGARY, ALBERTA--(Marketwired - Nov. 15, 2017) - Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) announced its November 2017 monthly distribution in the amount of $0.1358 per trust unit, payable on December 15, 2017 to holders of trust units of record at November 30, 2017.




MMHA Member Awards showcase the best in manufactured homes and communities in Michigan

Wed, 15 Nov 2017 14:45:13 EST

NOVI, MI--(Marketwired - November 15, 2017) - The Michigan Manufactured Housing Association (MMHA) presented the annual Member Awards, which showcase the professionalism, integrity and appreciation manufactured home community owners and operators have for their communities, homes and residents.




Solar Integrated Roofing Corporation Signs Vendor Deal with Lowe's Home Improvement Stores

Wed, 15 Nov 2017 10:00:00 EST

POWAY, CA--(Marketwired - Nov 15, 2017) - Solar Integrated Roofing Corporation (OTC PINK: SIRC) announced the signing of a vendor deal with Lowe's Home Improvement Stores.




Green Brick Partners Subsidiary, The Providence Group of Georgia, Wins Big at 2017 Greater Atlanta Homebuilding Awards

Wed, 15 Nov 2017 08:57:54 EST

The Providence Group of Georgia receives recognition with six gold and six silver awards at the 37th annual OBIE Awards




Algeco Scotsman Announces Availability of Certain Information Relating to Williams Scotsman

Wed, 15 Nov 2017 08:27:36 EST

BALTIMORE, MD--(Marketwired - Nov 15, 2017) - Algeco/Scotsman Holding S.à r.l. (together with its subsidiaries, "Algeco Scotsman") today announced that, in connection with the previously announced offering of senior secured notes due 2022 by its wholly-owned subsidiary Williams Scotsman International, Inc. ("Williams Scotsman"), Algeco Scotsman has made available certain information relating to Williams Scotsman on its website, which can be accessed at Certain Information Relating To Williams Scotsman.




Causeway Bay defends title as Asia's most expensive retail street

Wed, 15 Nov 2017 02:53:34 EST

HONG KONG, CHINA--(Marketwired - Nov 15, 2017) -




Lighting and Decor Professionals Offer a Practical and Safe Alternative for Do-It-Yourself Holiday Decorators

Tue, 14 Nov 2017 16:14:41 EST

Holiday decor specialists deliver high-impact holiday sparkle with safety and convenience




Algeco Scotsman Announces $300 Million Senior Secured Notes Offering by Williams Scotsman

Tue, 14 Nov 2017 15:17:29 EST

BALTIMORE, MD--(Marketwired - Nov 14, 2017) - Algeco/Scotsman Holding S.à r.l. ("A/S Holding" and, together with its subsidiaries, "Algeco Scotsman"), today announced that its wholly-owned subsidiary Williams Scotsman International, Inc. ("Williams Scotsman") is launching an offering of $300 million in aggregate principal amount of senior secured notes due 2022 (the "Notes"). The proceeds of the offering will be used together with funds from other sources to: (i) fund William Scotsman's planned business combination (the "Business Combination") with Double Eagle Acquisition Corp., a NASDAQ-listed special purpose acquisition company ("Double Eagle"), (ii) prepay certain existing third-party and intercompany indebtedness, (iii) pay fees and expenses incurred in connection with the Business Combination and (iv) provide cash for the combined company's balance sheet. 




ProGreen In Advanced Discussions With U.S. Buyer For ProGreen Farms Produce

Tue, 14 Nov 2017 10:30:00 EST

SAN DIEGO, CA--(Marketwired - Nov 14, 2017) - ProGreen US, Inc., (ProGreen), (OTCQB: PGUS), www.ProGreenUS.com, Twitter @ProGreenUS - ProGreen is pleased to announce that we are now in advanced discussions with a market leading U.S. food processor, for direct sales of produce from the ProGreen FarmsT operations in Baja California.




Freddie Mac Prices New $3.5 Billion Three-Year Reference Notes Security

Tue, 14 Nov 2017 09:57:02 EST

MCLEAN, VA--(Marketwired - Nov 14, 2017) - Freddie Mac (OTCQB: FMCC) announced today that it priced its new 1.875% three-year USD Reference Notes® security due on Nov. 17, 2020. The issue, CUSIP number 3137EAEK1, was priced at 99.904 to yield 1.908%, 8.5 basis points more than the yield on three-year U.S. Treasury Notes. The issue will settle on Wednesday, Nov. 15, 2017.




eXp World Holdings Reports Record Third Quarter 2017 Results

Tue, 14 Nov 2017 09:18:41 EST

Revenue increased 203% year-over-year to $48.1 million




Green Brick Partners Announces Hiring of Summer Loveland as Chief Accounting Officer

Tue, 14 Nov 2017 08:30:00 EST

PLANO, TX--(Marketwired - November 14, 2017) - Green Brick Partners, Inc. (NASDAQ: GRBK) ("Green Brick") is pleased to announce that Ms. Summer Loveland has been hired as Chief Accounting Officer. Ms. Loveland previously served as Chief Financial Officer of the Dallas Police and Fire Pension System since November 2013. Previously, Ms. Loveland served as a Senior Manager in the audit practice of KPMG, a worldwide public accounting firm, for 14 years where she managed engagements including large accelerated public filers.




LIG Assets, Inc. Highlights Significant Improvements in Balance Sheet in Q3 2017 Financial Results through Doubling Revenue over Prior Quarter, Surpassing $1 million YTD

Tue, 14 Nov 2017 08:30:00 EST

NASHVILLE, TN--(Marketwired - Nov 14, 2017) - LIG Assets, Inc. (OTC PINK: LIGA) (also known as the "Leader in Green Assets" or "LIGA") announced today its financial results for the third quarter 2017. The following Corporate filing information and documentation has been submitted to OTC Markets and the quarterly report was uploaded yesterday.




National MI Partners with NAMMBA to Further its Outreach to Minorities and Women

Tue, 14 Nov 2017 08:00:00 EST

Private mortgage insurer joins National Association of Minority Mortgage Bankers




Mark Siffin and Maefield Development Announce Big Changes for The Plaza and Times Square Gateway

Mon, 13 Nov 2017 20:29:35 EST

Siffin Moves in on NYC with Development and Restoration in Mind




Freddie Mac Announces the Issuance of a New Three-Year Reference Notes Security

Mon, 13 Nov 2017 09:50:35 EST

MCLEAN, VA--(Marketwired - Nov 13, 2017) - Freddie Mac (OTCQB: FMCC) announced today that it plans to issue a new three-year USD Reference Notes® security, CUSIP number 3137EAEK1, due on Nov. 17, 2020. The issue will be priced on Tuesday, Nov. 14, 2017, and will settle on Wednesday, Nov. 15, 2017, at benchmark size.




Timbercreek Global Real Estate Income Fund Refiles June 30, 2017 Interim Management Report of Fund Performance to Correct Errors in Expense Ratio Disclosure

Fri, 10 Nov 2017 20:17:24 EST

TORONTO, ONTARIO--(Marketwired - Nov. 10, 2017) -

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