The Housing Supply Puzzle

The Housing Supply Puzzle: Part 1, Divergent Markets by Evan Karson, Joseph McGillicuddy, and B. Ravikumar Over the past several months, the pace of U.S. home sales has shown few signs of growth, and as of February 2018, overall home sales were only slightly higher compared with year-ago levels. Analysts have pointed to a tight housing… Read More The post The Housing Supply Puzzle appeared first on The Big Picture.

Finnish real estate firm Kojamo valued at $2.5 billion in IPO: Reuters

Finnish real estate company Kojamo Oyj on Thursday was valued at 2.1 billion euros ($2.5 billion) in its initial public offering ahead of its market debut on Friday. Kojamo, which had properties worth 4.9 billion euros as of end-March, announced its IPO last month, aiming to boost growth and broaden its ownership base. The IPO was oversubscribed and the price was set at 8.50 euros per share, compared with an initial range of 8.50-10.00 euros, the company said in a statement. Kojamo expects gross proceeds from the IPO of about 150 million euros. Kojamo’s largest owners, including pension funds Ilmarinen and Varma and Finnish trade unions, also sold shares in the IPO but remained as shareholders.

Finnish real estate firm Kojamo valued at $2.5 billion in IPO: Reuters

Finnish real estate company Kojamo Oyj on Thursday was valued at 2.1 billion euros ($2.5 billion) in its initial public offering ahead of its market debut on Friday. Kojamo, which had properties worth 4.9 billion euros as of end-March, announced its IPO last month, aiming to boost growth and broaden its ownership base. The IPO was oversubscribed and the price was set at 8.50 euros per share, compared with an initial range of 8.50-10.00 euros, the company said in a statement. Kojamo expects gross proceeds from the IPO of about 150 million euros. Kojamo’s largest owners, including pension funds Ilmarinen and Varma and Finnish trade unions, also sold shares in the IPO but remained as shareholders.

Finnish real estate firm Kojamo valued at $2.5 billion in IPO: Reuters

Finnish real estate company Kojamo Oyj on Thursday was valued at 2.1 billion euros ($2.5 billion) in its initial public offering ahead of its market debut on Friday. Kojamo, which had properties worth 4.9 billion euros as of end-March, announced its IPO last month, aiming to boost growth and broaden its ownership base. The IPO was oversubscribed and the price was set at 8.50 euros per share, compared with an initial range of 8.50-10.00 euros, the company said in a statement. Kojamo expects gross proceeds from the IPO of about 150 million euros. Kojamo’s largest owners, including pension funds Ilmarinen and Varma and Finnish trade unions, also sold shares in the IPO but remained as shareholders.

Finnish real estate firm Kojamo valued at $2.5 billion in IPO: Reuters

Finnish real estate company Kojamo Oyj on Thursday was valued at 2.1 billion euros ($2.5 billion) in its initial public offering ahead of its market debut on Friday. Kojamo, which had properties worth 4.9 billion euros as of end-March, announced its IPO last month, aiming to boost growth and broaden its ownership base. The IPO was oversubscribed and the price was set at 8.50 euros per share, compared with an initial range of 8.50-10.00 euros, the company said in a statement. Kojamo expects gross proceeds from the IPO of about 150 million euros. Kojamo’s largest owners, including pension funds Ilmarinen and Varma and Finnish trade unions, also sold shares in the IPO but remained as shareholders.

Finnish real estate firm Kojamo valued at $2.5 billion in IPO: Reuters

Finnish real estate company Kojamo Oyj on Thursday was valued at 2.1 billion euros ($2.5 billion) in its initial public offering ahead of its market debut on Friday. Kojamo, which had properties worth 4.9 billion euros as of end-March, announced its IPO last month, aiming to boost growth and broaden its ownership base. The IPO was oversubscribed and the price was set at 8.50 euros per share, compared with an initial range of 8.50-10.00 euros, the company said in a statement. Kojamo expects gross proceeds from the IPO of about 150 million euros. Kojamo’s largest owners, including pension funds Ilmarinen and Varma and Finnish trade unions, also sold shares in the IPO but remained as shareholders.

Finnish real estate firm Kojamo valued at $2.5 billion in IPO: Reuters

Finnish real estate company Kojamo Oyj on Thursday was valued at 2.1 billion euros ($2.5 billion) in its initial public offering ahead of its market debut on Friday. Kojamo, which had properties worth 4.9 billion euros as of end-March, announced its IPO last month, aiming to boost growth and broaden its ownership base. The IPO was oversubscribed and the price was set at 8.50 euros per share, compared with an initial range of 8.50-10.00 euros, the company said in a statement. Kojamo expects gross proceeds from the IPO of about 150 million euros. Kojamo’s largest owners, including pension funds Ilmarinen and Varma and Finnish trade unions, also sold shares in the IPO but remained as shareholders.

Finnish real estate firm Kojamo valued at $2.5 billion in IPO: Reuters

Finnish real estate company Kojamo Oyj on Thursday was valued at 2.1 billion euros ($2.5 billion) in its initial public offering ahead of its market debut on Friday. Kojamo, which had properties worth 4.9 billion euros as of end-March, announced its IPO last month, aiming to boost growth and broaden its ownership base. The IPO was oversubscribed and the price was set at 8.50 euros per share, compared with an initial range of 8.50-10.00 euros, the company said in a statement. Kojamo expects gross proceeds from the IPO of about 150 million euros. Kojamo’s largest owners, including pension funds Ilmarinen and Varma and Finnish trade unions, also sold shares in the IPO but remained as shareholders.

Finnish real estate firm Kojamo valued at $2.5 billion in IPO: Reuters

Finnish real estate company Kojamo Oyj on Thursday was valued at 2.1 billion euros ($2.5 billion) in its initial public offering ahead of its market debut on Friday. Kojamo, which had properties worth 4.9 billion euros as of end-March, announced its IPO last month, aiming to boost growth and broaden its ownership base. The IPO was oversubscribed and the price was set at 8.50 euros per share, compared with an initial range of 8.50-10.00 euros, the company said in a statement. Kojamo expects gross proceeds from the IPO of about 150 million euros. Kojamo’s largest owners, including pension funds Ilmarinen and Varma and Finnish trade unions, also sold shares in the IPO but remained as shareholders.

Capital Square 1031 acquires Florida office property

Capital Square 1031 has acquired a Jacksonville, Florida-based office property. No financial terms were disclosed. Matt Bear, founder and CEO of Bear Real Estate Advisors, represented Capital Square 1031 on the deal. PRESS RELEASE JACKSONVILLE, Fla., June 13, 2018 /PRNewswire/ — Bear Real Estate Advisors, a real estate investment services firm, announced today that Matt Bear, founder and chief executive officer, represented Capital Square 1031, LLC in its acquisition of 14701 Philips Highway, a 45,000-square-foot Class A office building in Jacksonville, Florida. “This property’s new construction, long-term absolute net lease, excellent location and demand for office space in the local area make it an attractive investment property,” said Bear. “The property’s tenant, Dream Finders Homes, has been recognized with multiple local awards for their success. The company is expected to continue its pattern of growth, which bodes well for this investment property.” Situated on 3.1 acres of
Continue reading "Capital Square 1031 acquires Florida office property"

Capital Square 1031 acquires Florida office property

Capital Square 1031 has acquired a Jacksonville, Florida-based office property. No financial terms were disclosed. Matt Bear, founder and CEO of Bear Real Estate Advisors, represented Capital Square 1031 on the deal. PRESS RELEASE JACKSONVILLE, Fla., June 13, 2018 /PRNewswire/ — Bear Real Estate Advisors, a real estate investment services firm, announced today that Matt Bear, founder and chief executive officer, represented Capital Square 1031, LLC in its acquisition of 14701 Philips Highway, a 45,000-square-foot Class A office building in Jacksonville, Florida. “This property’s new construction, long-term absolute net lease, excellent location and demand for office space in the local area make it an attractive investment property,” said Bear. “The property’s tenant, Dream Finders Homes, has been recognized with multiple local awards for their success. The company is expected to continue its pattern of growth, which bodes well for this investment property.” Situated on 3.1 acres of
Continue reading "Capital Square 1031 acquires Florida office property"

Capital Square 1031 acquires Florida office property

Capital Square 1031 has acquired a Jacksonville, Florida-based office property. No financial terms were disclosed. Matt Bear, founder and CEO of Bear Real Estate Advisors, represented Capital Square 1031 on the deal. PRESS RELEASE JACKSONVILLE, Fla., June 13, 2018 /PRNewswire/ — Bear Real Estate Advisors, a real estate investment services firm, announced today that Matt Bear, founder and chief executive officer, represented Capital Square 1031, LLC in its acquisition of 14701 Philips Highway, a 45,000-square-foot Class A office building in Jacksonville, Florida. “This property’s new construction, long-term absolute net lease, excellent location and demand for office space in the local area make it an attractive investment property,” said Bear. “The property’s tenant, Dream Finders Homes, has been recognized with multiple local awards for their success. The company is expected to continue its pattern of growth, which bodes well for this investment property.” Situated on 3.1 acres of
Continue reading "Capital Square 1031 acquires Florida office property"

Capital Square 1031 acquires Florida office property

Capital Square 1031 has acquired a Jacksonville, Florida-based office property. No financial terms were disclosed. Matt Bear, founder and CEO of Bear Real Estate Advisors, represented Capital Square 1031 on the deal. PRESS RELEASE JACKSONVILLE, Fla., June 13, 2018 /PRNewswire/ — Bear Real Estate Advisors, a real estate investment services firm, announced today that Matt Bear, founder and chief executive officer, represented Capital Square 1031, LLC in its acquisition of 14701 Philips Highway, a 45,000-square-foot Class A office building in Jacksonville, Florida. “This property’s new construction, long-term absolute net lease, excellent location and demand for office space in the local area make it an attractive investment property,” said Bear. “The property’s tenant, Dream Finders Homes, has been recognized with multiple local awards for their success. The company is expected to continue its pattern of growth, which bodes well for this investment property.” Situated on 3.1 acres of
Continue reading "Capital Square 1031 acquires Florida office property"

Capital Square 1031 acquires Florida office property

Capital Square 1031 has acquired a Jacksonville, Florida-based office property. No financial terms were disclosed. Matt Bear, founder and CEO of Bear Real Estate Advisors, represented Capital Square 1031 on the deal. PRESS RELEASE JACKSONVILLE, Fla., June 13, 2018 /PRNewswire/ — Bear Real Estate Advisors, a real estate investment services firm, announced today that Matt Bear, founder and chief executive officer, represented Capital Square 1031, LLC in its acquisition of 14701 Philips Highway, a 45,000-square-foot Class A office building in Jacksonville, Florida. “This property’s new construction, long-term absolute net lease, excellent location and demand for office space in the local area make it an attractive investment property,” said Bear. “The property’s tenant, Dream Finders Homes, has been recognized with multiple local awards for their success. The company is expected to continue its pattern of growth, which bodes well for this investment property.” Situated on 3.1 acres of
Continue reading "Capital Square 1031 acquires Florida office property"

Capital Square 1031 acquires Florida office property

Capital Square 1031 has acquired a Jacksonville, Florida-based office property. No financial terms were disclosed. Matt Bear, founder and CEO of Bear Real Estate Advisors, represented Capital Square 1031 on the deal. PRESS RELEASE JACKSONVILLE, Fla., June 13, 2018 /PRNewswire/ — Bear Real Estate Advisors, a real estate investment services firm, announced today that Matt Bear, founder and chief executive officer, represented Capital Square 1031, LLC in its acquisition of 14701 Philips Highway, a 45,000-square-foot Class A office building in Jacksonville, Florida. “This property’s new construction, long-term absolute net lease, excellent location and demand for office space in the local area make it an attractive investment property,” said Bear. “The property’s tenant, Dream Finders Homes, has been recognized with multiple local awards for their success. The company is expected to continue its pattern of growth, which bodes well for this investment property.” Situated on 3.1 acres of
Continue reading "Capital Square 1031 acquires Florida office property"

Capital Square 1031 acquires Florida office property

Capital Square 1031 has acquired a Jacksonville, Florida-based office property. No financial terms were disclosed. Matt Bear, founder and CEO of Bear Real Estate Advisors, represented Capital Square 1031 on the deal. PRESS RELEASE JACKSONVILLE, Fla., June 13, 2018 /PRNewswire/ — Bear Real Estate Advisors, a real estate investment services firm, announced today that Matt Bear, founder and chief executive officer, represented Capital Square 1031, LLC in its acquisition of 14701 Philips Highway, a 45,000-square-foot Class A office building in Jacksonville, Florida. “This property’s new construction, long-term absolute net lease, excellent location and demand for office space in the local area make it an attractive investment property,” said Bear. “The property’s tenant, Dream Finders Homes, has been recognized with multiple local awards for their success. The company is expected to continue its pattern of growth, which bodes well for this investment property.” Situated on 3.1 acres of
Continue reading "Capital Square 1031 acquires Florida office property"

Capital Square 1031 acquires Florida office property

Capital Square 1031 has acquired a Jacksonville, Florida-based office property. No financial terms were disclosed. Matt Bear, founder and CEO of Bear Real Estate Advisors, represented Capital Square 1031 on the deal. PRESS RELEASE JACKSONVILLE, Fla., June 13, 2018 /PRNewswire/ — Bear Real Estate Advisors, a real estate investment services firm, announced today that Matt Bear, founder and chief executive officer, represented Capital Square 1031, LLC in its acquisition of 14701 Philips Highway, a 45,000-square-foot Class A office building in Jacksonville, Florida. “This property’s new construction, long-term absolute net lease, excellent location and demand for office space in the local area make it an attractive investment property,” said Bear. “The property’s tenant, Dream Finders Homes, has been recognized with multiple local awards for their success. The company is expected to continue its pattern of growth, which bodes well for this investment property.” Situated on 3.1 acres of
Continue reading "Capital Square 1031 acquires Florida office property"

Online real estate marketplace Opendoor rakes in $325 mln

San Francisco-bsed Opendoor, an online real estate marketplace, has secured $325 million in Series E funding. General Atlantic, Access Technology Ventures and Lennar Corporation led the round with participation from Andreessen Horowitz, Coatue Management, 10100 Fund, Invitation Homes, Norwest Venture Partners, Lakestar, GGV Capital, New Enterprise Associates and Khosla Ventures. Source: Press Release