The deal would have OpenRent launch a national television advertising campaign and other media channels through the Northern & Shell Media Group in its bid to significantly increase the number of new landlords who have been utilizing its platform.
Real Estate
New York approves $1.8 billion financing for 3 World Trade Center
A New York state development agency has approved up to $1.78 billion in funding for the completion of the stalled 3 World Trade Center building in lower Manhattan.
U.S. home prices rise less than expected in July: S&P/Case-Shiller
U.S. single-family home prices rose in July on a year-over-year basis but fell short of expectations, a closely watched survey said on Tuesday.
U.S. existing home sales fall, investors pulling back
U.S. home resales unexpectedly fell in August as investors stepped away from the market, but the decline probably does not signal renewed weakness in the housing sector.
U.S. mortgage applications rise in latest week: MBA
Applications for U.S. home mortgages rose last week as interest rates declined, an industry group said on Wednesday.
Latest News
China's buoyant exports pushed its trade surplus to a record in July, fuelling optimism global demand will help counter pressure on the domestic economy from a weakening property sector.
New York City Mayor Martin J. Walsh announced that he will allocate some space for startups in the Ferdinand Building in Dudley Square after its renovation to encourage more businesses to take root in the community.
Canadian real estate investment firm Cannabis Rx reportedly purchased a 9.26-acre property near the Sarasota-Bradenton International Airport in Florida in a $1.2-million deal to turn it into a licensed grow facility or distribution center.
Mumbai, India-based real estate startup Grabhouse makes realty deals easier by helping young Indians find an apartment or flat for rent that is compatible with their needs without going through a broker.
Growthpoint Properties Ltd. has agreed to acquire stake in two real estate firms in South Africa following a share-swap deal, reported Bloomberg.
Airbnb’s Storefront has received additional USD7.3 million funding led by Spark Capital, reported TechCrunch.
London, UK-based real estate management firm Orion Capital Managers LLP, through Orion European Real Estate Fund IV, snapped up the Domus Shopping Center located near Paris for an undisclosed sum.
Risanamento has announced on Wednesday that the company would sell eight of its properties in France to Chelsfield and The Olayan Group while company shareholder Luigi Zunino was offered one property, reported Reuters.
Boston, US-based real estate investment and management firm Albany Road Real Estate Partners bought downtown Nashville's Service Source Tower in a deal valued at $34 million.
