Real Estate News

Inman

• CoreVest gearing up to make more bridge loans to flippers
  Parent company Redwood Trust closes deal to acquire Portland, Oregon-based bridge loan provider Riverbend Funding LLC.
• Manhattan market shows signs of cooling despite sky-high sales in Q2
  The residential market continued going strong but showed signs of reaching a tipping point, according to data released by New York City brokerages.
• Top Douglas Elliman agent moves to Berkshire Hathaway HomeServices
  Cynthia Keskinkaya brought in over $50 million in sales in the past 12 months and brokered almost a half-billion dollars in sales volume over the course of her real estate career.
• The challenges of owning multifamily properties in multiple states
  When owning multifamily properties in multiple markets, there is a gap that must be bridged between owners and those serving their interests. While technology makes this easier, it is no substitute for personal attention and effective communication.
• Airbnb makes changes to summer release after hosts complain
  Some short-term rental investors saw the power shift from hosts to guests while others feared Airbnb’s major update took away their competitive advantage.