Yardi has recently announced the launch of Yardi® Virtuoso, a multifaceted platform designed to revolutionize artificial intelligence (AI) in the real estate industry. This innovative technology streamlines workflows, increases efficiency and enhances team performance for improved net operating income.
Freedom West Homes Corporation (“Freedom West”), a nonprofit limited equity housing co-operative in San Francisco’s Fillmore District, has secured $27 million in funding commitments to revitalize its community and provide stable housing for low-income families of color. This initiative aims to preserve multi-generational wealth transfer through co-op ownership in one of the most expensive cities in America.
On October 30th, 2023 McCourt Partners announced their commitment of $1 million towards their newly-formed Complete Communities fund. Through grants and contributions to local organizations, this fund invests in programs that have a positive impact on economic, social and environmental well-being within neighborhoods. The announcement marks an expansion of McCourt Partners’ community-driven philosophy reflected across their various real estate projects.
BLT Enterprises , known for its successful track record as a multi-faceted real estate investment company, has completed renovations totaling $1 million at BLT Studios – its Hollywood-based film studio property with soundstage facilities. These upgrades include interior/exterior improvements as well as HVAC updates aimed at enhancing functionality and aesthetics for clients using BLT Studios’ spaces.
Snappt , leader is document fraud detection within residential apartment property management sector announces Snappt Identity (ID) Verification –the most secure way to verify potential tenants–as part if it’s all-in-one solution called Snappt Pro which provides both fraud detection & identity verification services .
Linc Housing & National CORE are two non-profit developers dedicated towards providing affordable & supportive housing options; they joined forces with dignitaries from Los Angeles City along with other leaders from communities& new residents alike,to celebrate completionof456West-91-home apartment complex catering to families & individuals earning between 30%&80% of the area median income. The development received over 4,300 pre-applications, highlighting the high demand for affordable housing.
Lowney Architecture (Lowney), a multidisciplinary architecture and master planning firm has opened a new office in Los Angeles as well as expanded its team with four new additions – Alexandria Hoevel, Dale Furman,Xuan Guo and Emily LoVerde. With primary practice areas including industrial, retail,hospitality&housing; Lowney’s focus remains on providing affordable housing options.Their LA office is located at downtown’s famed Bradbury Building.
Hanley Investment Group Real Estate Advisors,a renowned brokerage & advisory firm specializing in retail property sales,is running their annual Movember fundraising campaign this year too.This marks Hanley Investment Group’s13th consecutive year participatingin this global movement that raises awareness about prostate cancer,testicular cancer mental health & suicide prevention.The theme for their campaign this time around is “Axe the Stigma” where they aim to raise awareness,support men’s health issues by growing mustaches while wearing flannel shirts.Since initiatingthe campaign back in2011,Hanley Investment Group has raised $334400 till date.
Foundry Commercial welcomes Austin Maddux who joins them as Executive Managing Director of Investment Management based out of Los Angeles.In his role he will be responsible for leading growthof Foundry Commercial’s investment management platform cateringto both institutional investorsas wellas accredited individual investors.Austin brings with him more than15 years’ experience having previously workedat American Realty Advisorswhere he was Co-Portfolio Manager focused on ARA’s largest commingled fund
BNBuilders recently welcomed Erik Kolstoe LEED AP intotheir Bay Area Office.He comes onboardwith over three decades worth construction experience specializingin life scienceand cGMP facilities.Erik earned his B.S.in Biology from Cal State Hayward,andis a member of ISPE.
Mercy Housing California has promoted Rich Ciraulo to Regional Director of Real Estate Development for the Greater Sacramento Region. Rich has been with Mercy Housing for 25 years, most recently as Associate Director of Real Estate Development andhas led several iconic developments in the region including Lohse Apartments –a family communityin Roseville&7th & H–apermanent supportive community located in downtown Sacramento.
