Delinquencies decline in latest US-MBA mortgage delinquency survey

The delinquency rate for mortgage loans on one- to four-unit residential properties decreased to a seasonally adjusted rate of 4.71 percent of all loans outstanding at the end of the first quarter of 2017.  The delinquency rate was down nine basis points from the previous quarter, and was six basis points lower than one year …

Strongest first quarter results in nine years for Singapore private office investment sales : JLL

JLL’s research shows that some SGD 4.99 billion worth of real estate investment deals  were sealed in the first three months of 2017.  While this was 40.9% lower than the SGD 8.44 billion accumulated three months ago, it was 67.4% higher than the SGD 2.98 billion managed a year ago.  Market activity was dominated by …

Alkhabeer Capital launches real estate fund in Saudi Arabia

Alkhabeer Capital, an asset manager specialized in alternative investments, announced today the launch of its Saudi Real Estate Income Fund I (The “Fund”), a close-ended private fund that will invest in income-generating residential properties in the Kingdom of Saudi Arabia. This Shari’ah-compliant Fund was offered by way of private placement in line with the Investment …

PATRIZIA acquires 223,000 sq m residential portfolio across western Germany

PATRIZIA Immobilien AG announced that it has completed the acquisition of 223,000 sq m of residential properties in western Germany. The transaction was finalised on behalf of a major German insurance company for a multi hundred million Euro. “There continues to be high demand for good quality rental accommodation in Germany, as proven by the …

Miami home prices rise for 18th consecutive quarter: Miami Association of Realtors

Prices for Miami residential properties rose for the 18th consecutive quarter, as tight inventory in the mid-price ranges continues to impact sales and drive up prices, according to the 42,000-member MIAMI Association of REALTORS and the local Multiple Listing Service systems. The median price for single-family homes in Miami-Dade County increased to $295,000 in the …