Commercial real estate firm adds an infectious diseases specialist to its staff



Florida-based commercial real estate firm Crocker Partners has responded to the COVID-19 pandemic by creating a new position within its organization for a director of environmental health, to help it develop a program that’s designed to keep its employees healthy. Dr. Walter Okoroanyanwu, who is a medical professional with experience in infectious diseases, told the […]

Crescent Lenders Funds Purchase of $2.2 Million Condo



Crescent Lenders recently funded the purchase of a residential luxury townhome in Pasadena that was acquired for 2.2 Million Dollars. The term of the private money loan is for 60 months, but the buyer intends on refinancing the loan in 6 to 12 months time. The loan to value ratio was less than 40% and […]

Young buyers seek multifamily homes as housing inventory shortage bites



As real estate markets struggle with low inventories of homes for sale, some buyers are opting to investing in multifamily properties instead of buying a single-family home, the Washington Post reports. The advantage of doing so is they can live in one of the units and rent out the others to help with mortgage costs […]

Commercial real estate poised for ‘stellar year’ in 2020



The U.S. commercial real estate sector is on track for “one of its strongest years on record” in 2020, with billions of dollars likely to be invested according to commercial real estate servicer and investment firm CBRE. CBRE said the commercial real estate sector will see total investments of between $478 billion and $502 in […]

Airbnb acquires Urbandoor to expand its corporate client business



Airbnb last week acquired a platform called Urbandoor that offers extended stays for corporate clients. Founded in 2015, Urbandoor differentiates itself not just through its focus on business travelers, but also by the fact it deals directly with multifamily building owners instead of renters. The company goes directly to big real estate firms like Greystar, […]

HUD Says Maine Landlord Wouldn’t Allow Disabled Vet to have Assistance Animal



HUD recently charged a Maine landlord with housing discrimination for not allowing a disabled veteran to have an assistance animal in his apartment. According to HUD’s Charge of Discrimination (HUD Charge) against Roderick Apartments, LLC, Jo Roderick told the veteran that once she allowed a tenant to have an assistance animal, and other tenants wanted […]

HUD Charges Idaho Landlord with Familial Status Discrimination



On May 31, 2019, HUD charged the owners and manager of an Idaho rental property with violation of the familial status provisions of the Fair Housing Act (FHA). HUD alleges they refused to rent a home to a couple with seven children. What is Familial Status Discrimination? When first adopted in 1968, the FHA only […]

Jones Lang LaSalle to acquire HFF for $2bn in multifamily sector merger



Investment management firm Jones Lang LaSalle is targeting a bigger share of the multifamily real estate business after announcing plans to acquire commercial services provider HFF Inc. in a $2 billion deal. The proposed deal would see Jones Lang LaSalle snatch up all of HFF’s outstanding shares in a cash plus stock transaction. Jones Lang […]