Renting

Invitation Homes Reports Fourth Quarter 2023 and Full Year 2023 Results

Retrieved on: 
Tuesday, February 13, 2024
Professional Services, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Acquisition, Casualty loss, Core, Invitation Homes, Growth, Sale, TTM, GAAP, Occupancy, Renting

Acquisitions for Q4 2023 totaled 460 homes for $159 million through the Company's various acquisition channels.

Key Points: 
  • Acquisitions for Q4 2023 totaled 460 homes for $159 million through the Company's various acquisition channels.
  • This included 251 wholly owned homes for $88 million in addition to 209 homes for $71 million in the Company's joint ventures.
  • In FY 2023, the Company acquired 3,221 homes for $1,168 million, including 2,877 wholly owned homes for $1,054 million and 344 homes for $114 million in the Company's joint ventures.
  • The company also sold 1,489 homes for $547 million, including 1,423 wholly owned homes for $517 million and 66 homes for $30 million in the Company's joint ventures.

United Rentals to Present at the Citi 2024 Global Industrial Tech and Mobility Conference

Retrieved on: 
Monday, February 12, 2024
Architecture, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, Citigroup, United Rentals, Ted Grace, Renting, Conference

United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Citi 2024 Global Industrial Tech and Mobility Conference on Tuesday, February 20, 2024.

Key Points: 
  • United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Citi 2024 Global Industrial Tech and Mobility Conference on Tuesday, February 20, 2024.
  • The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer.
  • The presentation is scheduled to begin at 3:30 p.m.
  • ET and will be available via the following link: https://kvgo.com/citi/united-rentals-inc-feb-2024 .

Redfin Reports U.S. Asking Rents Flatten After Pandemic Rollercoaster Ride

Retrieved on: 
Friday, February 9, 2024
Technology, Construction & Property, Finance, Fintech, Banking, Electronic Commerce, Professional Services, Software, Internet, Residential Building & Real Estate, Arm, Redfin, Growth, Pressure, Housing, Leg, Renting

While rents ticked up from a year earlier, the bigger picture is that rent growth is leveling off after surging during the pandemic and then rapidly slowing from mid-2022 to mid-2023.

Key Points: 
  • While rents ticked up from a year earlier, the bigger picture is that rent growth is leveling off after surging during the pandemic and then rapidly slowing from mid-2022 to mid-2023.
  • Asking rents have flattened because the pandemic moving frenzy is over and landlords are grappling with vacancies due to a jump in apartment supply.
  • The rental vacancy rate was 6.6% in the fourth quarter, tied with the prior quarter for the highest level since early 2021.
  • The median asking rent in the Midwest increased 4.6% year over year to a record $1,437 in January.

Integrated Ventures Delivers 376% Q2-to-Q1 Growth With Revenues Of $1,728,108 vs $1,059,064.

Retrieved on: 
Thursday, February 8, 2024
VS, Asset, OTCQB, Renting

Financial Highlights (*) are as follow:

Key Points: 
  • Financial Highlights (*) are as follow:
    Total Revenues: For the Q2/2024, the Company had generated the revenues of $1,728,108.00 vs $1,059,064.00 for Q1/2024.
  • Gross Loss/Profit: Excluding Equipment Depreciation Expense, the Company's mining operations produced gross profit of $556,358.00 vs accounting based loss of $189,362.00.
  • Net Income Loss/Profit: Excluding Equipment Depreciation Expense, the Company's mining operations produced net income profit of $391,381.00 vs accounting based loss of $354,340.00.
  • Total Assets: As of December 31, 2023, the Company reported the total assets, in the amount of $5,445,348.00.

Realtor.com® Avail Survey Finds Despite Cooling Rental Prices, Homeownership Remains Out of Reach for Many

Retrieved on: 
Thursday, February 8, 2024
Negotiation, Housing, Common, Renting

SANTA CLARA, Calif., Feb. 8, 2024 /PRNewswire/ -- Over the past few years it's become more expensive than ever to rent, and with rental affordability a pressing national concern, landlords and tenants alike say it's impacting their future plans, according to a new Realtor.com® Avail Landlord & Renter Survey released today. Fewer surveyed independent landlords are planning to raise rents this year, but with more tenants paying persistently higher rents in recent years, many renters say it's likely to impact their home purchase plans this year.

Key Points: 
  • Among landlords who don't raise rents differently for renewal versus new tenants, the majority (50%) plan to increase rent between 0-5%.
  • This may be especially true in 2024 as higher rental vacancy rates may mean landlords are more interested in securing renewals.
  • Higher home prices and mortgage rates are also impacting landlords' plans for investing in more rental properties in the year ahead.
  • Avail's quarterly survey of landlords and renters was conducted online in the U.S. between Dec. 6-15, 2023.

In Its Ongoing Quest to Be A One-Stop Shop for ALL Your Streaming Favorites, Plex Now Offers Premium Movie Rentals

Retrieved on: 
Wednesday, February 7, 2024
The Expendables 4, Samsung, Sony, VIZIO, Apple, Aquaman, The Color Purple, Comment, Android, Amazon, Renting, Music, PAW, Netflix, Friends, Blue Beetle, Hulu, Television, FREE, Amazon Fire TV, Roku, Apple TV, LG, Tablet

Los Angeles, CA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- In its ongoing quest to tame the media chaos and become the one-stop shop for all things TV and movies, global streaming media company Plex now offers premium movie rentals in the United States.

Key Points: 
  • Los Angeles, CA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- In its ongoing quest to tame the media chaos and become the one-stop shop for all things TV and movies, global streaming media company Plex now offers premium movie rentals in the United States.
  • “Our goal has always been to bring consumers a less chaotic and more fun experience when they sit down together to watch a movie or show.
  • We started last year by creating a single window into all streaming services so people can easily find what to watch, no matter where it is.
  • Personal media management : use Plex to organize, beautify, and stream your personal collection of movies, TV shows, music, and photos anywhere on all your devices.

Mainstreet Equity Corp Achieves 9th Consecutive Quarter of Double-digit Growth in Q1

Retrieved on: 
Tuesday, February 6, 2024
Other Consumer, Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Consumer, Asset Management, Residential Building & Real Estate, Carbon, Nature, Growth, CMHC, FFO, MEQ, Legislation, Housing Corporation, Climate change, Renting, YTD, Tax, Public expenditure, TSX, Columbia, Management, NAV, Federation, NOI, Corporation, Housing, Risk, Insurance, Bank

In Q1 2024, Mainstreet posted its ninth consecutive quarter of double-digit, year-over-year growth across all key operating metrics.

Key Points: 
  • In Q1 2024, Mainstreet posted its ninth consecutive quarter of double-digit, year-over-year growth across all key operating metrics.
  • Mainstreet vacancy rates decreased to 3.3% (despite 13% of Mainstreet’s portfolio currently being in the stabilization process) down from 4.4% in Q1 2023.
  • Margins on a same-asset basis improved to 64.2% in Q1, up from 61.5% in Q1 2023.
  • Liquidity remained strong at $418 million, despite high levels of acquisitions in Q1, providing Mainstreet with a strong cash balance to fund future organic growth.

Services PMI® at 53.4%; January 2024 Services ISM® Report On Business®

Retrieved on: 
Monday, February 5, 2024
Paper, Growth, Transport, Backlog, Welfare, CFPM, Science, Renting, Steel, Retail, Uncertainty, Real estate, UAW, Suez Canal, Foodservice, Forestry, CPSM, Public administration, Education minister, Index, Communication, Entertainment, United Auto Workers, Inventory, Finance, Public utility, Iron, Employment, Business

TEMPE, Ariz., Feb. 5, 2024 /PRNewswire/ -- Economic activity in the services sector expanded in January for the 13th consecutive month as the Services PMI® registered 53.4 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 43 of the last 44 months, with the lone contraction in December 2022.

Key Points: 
  • TEMPE, Ariz., Feb. 5, 2024 /PRNewswire/ -- Economic activity in the services sector expanded in January for the 13th consecutive month as the Services PMI® registered 53.4 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®.
  • The Business Activity Index registered 55.8 percent in January, matching the seasonally adjusted reading of 55.8 percent in December.
  • The index returned to expansion — indicating that supplier delivery performance was slower — after three consecutive months in contraction (or 'faster') territory.
  • The 10 services industries reporting growth in January — listed in order — are: Health Care & Social Assistance; Agriculture, Forestry, Fishing & Hunting; Professional, Scientific & Technical Services; Public Administration; Utilities; Accommodation & Food Services; Construction; Other Services; Educational Services; and Management of Companies & Support Services.

Armada Hoffler Announces 45,000 Square Foot Office Lease at Southern Post in Roswell, Georgia

Retrieved on: 
Friday, February 2, 2024
Tenant, Environment, The Battery, Food, Battery, Renting

VIRGINIA BEACH, Va., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced a 45,000 square foot corporate office tenant will join the robust tenant lineup at its Southern Post mixed-use development in Roswell, Georgia.

Key Points: 
  • VIRGINIA BEACH, Va., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced a 45,000 square foot corporate office tenant will join the robust tenant lineup at its Southern Post mixed-use development in Roswell, Georgia.
  • “This expansive lease is a testament to the appeal of Southern Post,” said Louis Haddad, President and CEO of Armada Hoffler.
  • This lease comes shortly after Armada Hoffler finalized a 7,400 square foot office lease with CA South at Southern Post.
  • The construction firm based in Atlanta is relocating its headquarters from The Battery in Cobb County, Georgia to Southern Post.

Homes.com Ranked Among Top 50 U.S. Domains In Organic Visibility Improvement in 2023

Retrieved on: 
Friday, February 2, 2024
Online Retail, Retail, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, Growth, Homes.com, Google Search, CoStar Group, Realtor.com, School, Renting

Each year, the IndexWatch ranking uses the SISTRIX Visibility Index to measure U.S. domains with the strongest organic visibility growth and declines on Google.com.

Key Points: 
  • Each year, the IndexWatch ranking uses the SISTRIX Visibility Index to measure U.S. domains with the strongest organic visibility growth and declines on Google.com.
  • SITRIX measures rankings of over 100 million domains for 100 million keywords on Google, with Homes.com’s ranking being earned specifically from Google’s U.S. Index.
  • Homes.com’s spot on this list is a testament to the banner year it had in 2023.
  • For more information about SISTRIX’s IndexWatch 2023, including the full ranking list, please visit here .