Real estate management

Columbia Property Trust acquires Normandy Real Estate Management

The Normandy terminal warehouse in West Chelsea. NEW YORK CITY- Columbia Property Trust, Inc., a real estate investment company, has signed a definitive agreement to acquire its long-standing business partner, Normandy Real Estate Management, LLC, developer, operator and investment manager. The transaction closing date is set at the end of the year, subject to customary […]

Real estate management

Columbia Property Trust acquires Normandy Real Estate Management for $ 100 million

Nelson Mills NEW YORK – Columbia Property Trust, Inc. announced the signing of a definitive agreement to acquire Normandy Real Estate Management, LLC, a leading developer, operator and investment manager of office and mixed-use assets in New York, Boston and Washington, DC Columbia to acquire Normandy operating platform and its general partner interests in three […]

Real estate management

Property Management Software Market will reach $12.89

Dallas, Texas, April 18, 2019 (GLOBE NEWSWIRE) — A large number of working-class people migrating to Tier 1 cities is the key factor propelling demand for the global property management software market. The global property management software market is expected to reach $12.89 billion by 2025. Growing urban population, need for paperless and centralized real […]

Real estate management

State College Based Continental Real Estate Management Settles After Business Practices Review

A State College-based property management company has agreed to pay $ 40,000 after a review of its security deposit practices, state attorney general Josh Shapiro said on Tuesday. The Bureau of Consumer Protection has accused Continental Real Estate Management of deducting an administrative fee of 15% from tenants’ security deposits at the end of their […]

Real estate management

IREM will reward excellence in property management with the 2019 REME awards

Don wilkerson CHICAGO – Institute of Real Estate Management will honor the best in the property management profession this year with the 2019 Real Estate Management Excellence (REME) Awards. Individuals and businesses of any asset class and size can submit their own entry or nominate others to be considered for an award in any of […]

Real estate management

Real Estate Investment and Management Companies (“SIGI”) – a new vehicle to promote investment and the real estate market in Portugal

Decree-law no. 19/2019 of January 28 (“DL 19/2019”), approving the legal regime of real estate investment and management companies (“SIGI”) – a new vehicle to energize and promote investment in the real estate market, in particular the rental market – entered into force on 1 February 2019. The main activity of SIGIs is the acquisition […]

Real estate management

Launch of One11 Advisors, a property management advisory firm, led by Jim Carr and Scott Morey

CHICAGO, January 11, 2019 /PRNewswire/ — Real Estate Veterans Jim Carr and Scott Morey, formerly at GPG Advisers, are pleased to announce the launch of One11 Advisors, a property management advisory firm. One11 Advisors is a spin-off from GPG Advisers and is an integrated professional services company that will provide advisory and management services to […]

Real estate management

What functions does SAP Flexible Real Estate Management offer?

(RE-FX). Real estate activity scenarios can include buying, selling, renting or leasing land or buildings. SAP Flexible Real Estate Management, a component available in ERP Central Component (SAP ECC), is intended to facilitate their supervision and administration. Let’s take a look at some of the functions offered by SAP Flexible Real Estate Management. Real estate […]

Real estate management

Harvard to Entrust Property Management to Bain Capital | New

Harvard Management Company has finalized its decision to outsource its property management team to Boston-based private equity firm Bain Capital, according to a Wall Street Journal report. HMC’s 22-person property management team, led by Daniel W. Cummings, will be leaving Harvard to form a new property unit in Bain effective February 2018, the Wall Street […]

Real estate management

Harvard Shifts to Outsourcing Property Management to Bain Capital | News

Harvard Management Company is in the process of outsourcing the management of its real estate assets to Bain Capital, the largest Boston-based private equity firm, according to a Bloomberg News report released last week. HMC, which manages Harvard’s $ 37.1 billion endowment, has been planning to part ways with its real estate team since January. […]

Real estate management

Camelbay Real Estate Management NL BV chooses Yardi Voyager

AMSTERDAM – (COMMERCIAL THREAD) – Camelbay Real Estate Management NL BV will use Yardi Voyager® 7S, a fully mobile Software-as-a-Service platform independent of browsers, such as its accounting and property management platform. Camelbay will use Yardi Voyager to streamline its property management, rental and accounting processes for its Dutch property portfolio, which is primarily comprised […]

Real estate management

Second Story property management connects property and people

With a booming real estate market creating dozens of new commercial properties, apartments and building restorations in Chattanooga, entrepreneur and President of Lamp Post Properties, Tiffanie Robinson saw the need for a commercial real estate company in full service specializing in property management. Second Story Real Estate Management was quietly launched in the fall of […]

Real estate management

Confidence in corporate property management outsourcing relationships

Companies primarily engaged in non-real estate, such as Facebook, Samsung and Apple, still have to make real estate decisions with respect to, among other things, the location of the business, the design of the business location, work or rental or purchase of space. They often rely on relationships with external service providers to help them […]

Real estate management

VTS raises $ 55 million for its commercial property management platform – TechCrunch

VTS, a commercial leasing and asset management platform for landlords and brokerage houses, today announced it has raised a $ 55 million Series C financing round led by Insight Venture Partners. Previous investors OpenView and Trinity Ventures also participated. This round brings VTS’s total funding to $ 84 million to date and makes it one […]

Real estate management

Property management is a new priority for SLDC | Local company

Otis Williams, executive director of St. Louis Development Corp., in a portrait Monday, September 9, 2013, in downtown St. Louis. St. Louis Development Corp. received $ 45 million in tax credits for new markets. Photo by Erik M. Lunsford elunsford@post-dispatch.com Erik M. Lunsford Otis Williams attended the state of South Carolina on a Music Scholarship, […]