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Parkway Announces $1.2 Billion Sale Agreement with Canada Pension Plan

Parkway Announces $1.2 Billion Sale Agreement with Canada Pension Plan

Parkway, Inc. (NYSE: PKY) said June 30 it has agreed to be sold to the Canada Pension Plan Investment Board (CPPIB) for $1.2 billion. Parkway’s portfolio consists of the Houston-based assets that were spun off into a new REIT following the 2016 merger between Cousins Properties Inc. (NYSE: CUZ) and Parkway Properties, Inc. Source: RSSRead more about Parkway Announces $1.2 Billion Sale Agreement with Canada Pension Plan[…]

Penny Nathan: Raising the Standard for Success

Penny Nathan: Raising the Standard for Success

Penny Nathan’s career in real estate began in 2000 when she started selling homes in San Diego. Today, she serves as president and CEO of Ascent Real Estate, Inc. “Real estate first drew my attention as a business in which I would have a deep, intrinsic interest,” says Nathan. “It offers the stability that homeownershipRead more about Penny Nathan: Raising the Standard for Success[…]

Trulia: Limited Listings, Limited Window

Trulia: Limited Listings, Limited Window

Housing markets most squeezed by inventory shortages in recent years are seeing listings come off the market in record time. The recently released Trulia® Inventory and Price Watch identifies an ongoing trend in the housing market: the more inventory declines, the less time homes spend on the market. Supply kept falling in the second quarterRead more about Trulia: Limited Listings, Limited Window[…]

Hispanics to Begin Bridging Gap in Homeownership Rate

Hispanics to Begin Bridging Gap in Homeownership Rate

The Hispanic homeownership rate is trailing behind the white homeownership rate, at 26 percent below the white homeownership rate in 2015—a catch-up, though gradual, from 29 percent in 1995. Hispanics could, however, make strides to bridge the gap in the future, according to a recent Insight from Freddie Mac. The Insight determines the disparity betweenRead more about Hispanics to Begin Bridging Gap in Homeownership Rate[…]

Home Prices Mount at Slower Pace

Home Prices Mount at Slower Pace

Home price growth continues to mount, though at a slower pace, up 5.5 percent year-over-year in April, down from a 5.6 percent gain in March, according to the latest S&P CoreLogic Case-Shiller Indices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index’s 10-City Composite rose 4.9 percent year-over-year, down from a 5.2 percent gainRead more about Home Prices Mount at Slower Pace[…]

Build a Better Listing Presentation Package With RPR®

Build a Better Listing Presentation Package With RPR®

NAR PULSE—Sellers want to know if your agents’ presentations are based on their keen sense of the market, their expertise in determining value, and their ability to bring a deal to close in the shortest time possible and at the highest price. The key to your agents nailing that next listing is for them toRead more about Build a Better Listing Presentation Package With RPR®[…]

Great Living on the Great Barrier Reef

Great Living on the Great Barrier Reef

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: Retirees Turning to Custom Homes to Get the Right Space Luxury Homes: How to Tell If You’re Getting a Fair Price $1 Million a Week, Starting With Quality Leads This ocean-front palatial property has it all, literally:Read more about Great Living on the Great Barrier Reef[…]