Connect with us

Real Estate News

America’s Largest Regional Firms Launch Homeownership Service by MooveGuru

Published

on

ATLANTA, July 14, 2021 / PRNewswire / – America’s major real estate agents continue to expand home ownership services through partnerships with MooveGuru, the nation’s largest provider of moving and home ownership services. Today MooveGuru announced the launch of its service for nearly a third of all The Realty Alliance companies.

America’s Largest Regional Firms Launch MooveGuru Home Ownership Service

Companies providing MooveGuru services to current and past clients include First Team Real Estate, Better Homes and Gardens Kansas City, Berkshire Hathaway HomeServices The Preferred Realty, Berkshire Hathaway HomeServices Stouffer, Guarantee Real Estate, Coldwell Banker D’Ann Harper , Coldwell Banker Real Estate Group, Tucker FC, Howard Hanna Rand, Meybohm Real Estate, The Keyes Company and Tomlinson Real Estate Group.

MooveGuru has developed a moving concierge solution made available to real estate brokerage firms looking to provide moving services to their customers. The services range from changing equipment to a complete hands-free move.

“The real estate industry was a major driver of economic vitality during the pandemic,” said Scott Oakely, CEO of MooveGuru. According to the latest report from the National Association of REALTORS®, the sales of existing homes increased by 44.6% compared to the previous year. “Realty Alliance firms account for a double-digit percentage of this economic growth,” continued Oakley. “I see a future where a customer calls their agent or broker for help and advice on managing their home and getting access to local businesses that provide expert moving and maintenance services.”

Craig Cheatham, President and CEO of The Realty Alliance, said he was “not surprised that members of The Realty Alliance have been so aggressive about engagement with MooveGuru”. The ability to provide broader and in-depth home ownership services beyond the transaction was the mainstay that formed The Realty Alliance. “Our group was formed to share best practices in pursuit of excellence in real estate brokerage and ancillary services. MooveGuru’s service, which helps homeowners move or maintain their home, is an important part of this,” said Cheatham.

About MooveGuru

In 2016, Roswell, GA-based MooveGuru Inc. launched a Free Mover Engagement program for real estate agents and brokers with the idea of ​​connecting home buyers and sellers with the convenience and savings of moving services. Through just-in-time delivery through artificial intelligence algorithms, MooveGuru Inc. ensures consumers receive savings and convenience with agent brands during the move process from national and local retailers and utilities. Today more than 1500 brokers, their agents and clients are connected to the MooveGuru platform.

Media contact:
Scott Oakley
MooveGuru
770-549-1257
[email protected]

Similar pictures

america-largest-regional-real.jpg
America’s Largest Regional Real Estate Firms Launches MooveGuru Homeownership Service
America’s major real estate agents continue to expand home ownership services through partnerships with MooveGuru, the largest provider of moving and home ownership services in the country.

SOURCE MooveGuru

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Real Estate News

Treasury wants more oversight of all-cash real estate deals

Published

on

WASHINGTON – The Biden administration plans to extend bar real estate reporting requirements to crack down on the use of the US market by malicious actors to launder money made through illegal activities.

The Treasury Department released a notice Monday to solicit public comment on possible regulation that would address an alleged vulnerability in the property market.

Currently, property insurance companies in only 12 metropolitan areas are required to file reports identifying individuals buying residential real estate through mailbox companies for cash if the transaction exceeds $ 300,000.

“Increasing transparency in the real estate sector will deprive corrupt officials and criminals of the ability to launder the proceeds of their ill-gotten gains through the US real estate market,” said Himamauli Das, acting director of the Treasury Department’s Financial Crimes Enforcement Network.

advertisement

That said the move could “strengthen US national security and help protect the integrity of the US financial system.”

The metropolitan areas currently reporting are Boston; Chicago; Dallas-Fort Worth; Honolulu; Las Vegas; Los Angeles; Miami; New York City; San Antonio; San Diego; San Francisco; and Seattle.

The US housing market has long been recognized as a stable port of call for corrupt government officials around the world and other illegal actors who seek to launder revenue from criminal activities.

The publication of the International Consortium of Investigative Journalists’ Pandora Papers recently highlighted the use of mailbox companies by current and former world leaders and their loved ones to purchase real estate and other assets in the US and elsewhere.

advertisement

The leaked documents acquired by the consortium indicated that King Abdullah II.

The tax tricks may be legal, but have spawned various proposals to increase tax transparency and step up the fight against tax evasion.

Efforts to push for new regulation of the real estate market come when the Biden government issued its “US Anti-Corruption Strategy” on Monday.

The strategy was released as President Joe Biden prepares to host the first White House Democracy Summit, a virtual gathering of civil society leaders and experts from more than 100 countries, due to be held Thursday and Friday.

The strategy offers broad brushstrokes to fight corruption at home and abroad. She called on the US government to address regulatory loopholes, step up the fight against corruption in US diplomatic efforts, and strengthen the protection of civil society and the media, including investigative journalists, who expose corruption.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed in any way without permission.

Continue Reading

Real Estate News

MPC Capital: ESG Core residential real estate fund increases equity volume to over EUR 140 million

Published

on

DGAP-News: MPC Münchmeyer Petersen Capital AG / Key word (s): Miscellaneous

MPC Capital: ESG Core residential real estate fund increases equity volume to over 140 million euros

06.12.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

Press release

MPC Capital: ESG Core residential real estate fund increases equity volume to over 140 million euros

– Institutional investors invest further equity
– Total investment volume approx. EUR 300 million
– Growing demand for residential real estate in Germany

Hamburg, December 6, 2021 – The Hamburg asset and investment manager MPC Capital has won new institutional investors for the ESG Core Residential Real Estate Germany fund. In a second closing, a total of 66 million euros was raised for the open special AIF (Alternative Investment Fund).

This increases the equity base of the fund, which focuses on sustainable residential projects, to over EUR 140 million. On this basis, the total volume is to be around EUR 300 million in the future and investments are made in real estate projects that meet a comprehensive catalog of sustainability criteria. ESG Core Residential Real Estate Germany was founded in December 2020 together with Universal-Investment as a service capital management company.

Dr. Ludwig Vogel, Managing Director Real Estate at MPC Capital: “We are very pleased that institutional investors are showing great interest in our fund. It shows that we hit the bull’s eye with our concept. The demand for residential real estate remains high and will continue to be high against the background of the insufficient supply of living space with decreasing household sizes. We are convinced that with our focus on particularly sustainable real estate in this area we can offer good added value for our investors. “

Asset selection based on the ESG scoring model
The central investment criterion of the fund is the development of a sustainable residential real estate portfolio. A scoring model specially developed for this fund is used to identify target objects that meet a number of quantitative and qualitative sustainability criteria.

For example, the locations and properties in question for purchase must meet special requirements in terms of energy, social and business ethics. These include, among other things, the over-fulfillment of energy standards, the integration of mobility concepts or the proportion of subsidized and barrier-free living. Due to the high demands on energy standards, new buildings are the main candidates.

The ESG Core Residential Real Estate Germany fund is one of the first financial products in the real estate asset class in Germany to be approved as a financial product in accordance with Article 8 of the Disclosure Ordinance. The EU Sustainable Finance Disclosure Regulation (SFDR), which came into force in March 2021, is intended to lead to more transparency in the European market for financial products with regard to sustainability issues. Funds that, among other things, take ecological and social characteristics as well as good corporate governance (ESG) into account are certified as so-called Article 8 products.

The portfolio currently consists of three properties
The fund is currently invested in three properties in the metropolitan regions of Hamburg and Frankfurt as well as in Münster. The pipeline includes properties with an investment volume of EUR 10 million or more, located either in metropolitan regions or in medium-sized and large cities with more than 100,000 inhabitants and a positive population development forecast. The energy standard must reach at least KfW 55.

About MPC Capital (www.mpc-capital.com)
MPC Capital AG is an internationally active asset and investment manager who specializes in real asset investments. Together with its subsidiaries, the company develops and manages investment products for international institutional investors, family offices and professional investors. The focus is on the asset classes real estate, shipping and infrastructure. MPC Capital AG has been listed on the stock exchange since 2000 and employs around 200 people across the group.

About Universal-Investment (www.universal-investment.com)
The Universal Investment Group is one of the leading European fund management service providers and Super ManCos with around 710 billion euros, more than 1,900 mutual and special fund mandates and more than 1,000 employees in Frankfurt am Main, Luxembourg, Luxembourg, Dublin and Krakow. The company, founded in 1968, is an independent platform that offers fund initiators and institutional investors structuring and management solutions as well as risk management for securities, real estate and alternative investments. The companies UI Labs, UI Enlyte and CAPinside round off the group’s innovative range of services. The company is a signatory to the UN Principles of Responsible Investment and a member of the Forum Sustainable Money Investments e. V. (Forum for Sustainable Investments). (As of 09/30/2021)

Contact
MPC Capital AG
Stefan Zenker, Gabriele Gottschalk
Investor Relations & Corporate Communications
Telephone number. +49 (40) 380 22-4200
Email: presse@mpc-capital.com

06.12.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP sales services include regulatory notices, financial / corporate news, and press releases.
Archive on www.dgap.de

Continue Reading

Real Estate News

Summit Club homes highlight luxury market

Published

on

A California tech entrepreneur and his wife paid the second-highest-ever known price for a Las Vegas Valley home that closed at the Summit Club for $ 18.75 million, while a second home sale in the same Summerlin resort community set an all-time record listed price per square meter.

The sale reflects the continued strength of the high-end luxury market and the emergence of the Summit Club, the super luxury resort community, for future record sales. A second home recently sold for $ 15.4 million at the Summit and set a new record in the valley with a sales price of $ 2,321 per square foot.

The $ 18.5 million sale – the second highest ever in the residential real estate market – follows the $ 25 million paid in June for a new Blue Heron home in the MacDonald Highlands of Henderson. Last summer a house in the Summit Club sold for $ 17.5 million, which at $ 2,248 is the highest per square foot in the history of the valley.

In July, Real Estate Millions reported that a wealthy buyer with ties to California’s tech industry paid a record $ 36 million for 4.47 acres to build a Summit Club property owned by Vegas Knights owner Bill Foley and Raiders owner Mark Davis has attracted singer Celine Dion and wealthy entrepreneurs from across the country.

“The market is changing,” said Sheri Sanderson, an Award Realty broker who represented the buyer on the second-highest sale. “A typical house in the past, when a Californian would come, was $ 4.5 million to $ 5 million. Now that number is $ 8, 9, 10, and $ 12 million. Things are looking up even more. We’re going to hit the norm in the double digits as a lot of high-end homes hit the market soon. The Summit is the game changer. It’s the billionaires club. “

The Clark County’s real estate records show the buyers of the $ 18.75 million home as Jonathan and Nicole Cronstedt.

His LinkedIn page states that he is a “proven operator with experience building and scaling companies in multiple industries” and an active investor. The page read: “Cronstedt has experience leading digital marketing and SaaS companies and is currently President of Kajabi, the leading platform for integrated marketing automation and digital education.”

Clark County records show the seller was Peter Kravitz, whose LinkedIn page shows he is the director of Province in Henderson, a financial services and business consulting firm.

The two-story property was not listed on the Las Vegas Realtors Association’s Multiple Listing Service. and the sale was handled by the Summit Club itself, Realtors said.

Clark County records show it has five bedrooms, five bathrooms, and a size of 9,427 square feet. It was built in 2019 by Growth Luxury Homes and sits on 26,572 square feet of land overlooking the golf course, although it is not next to it.

“It’s a great home,” said Ivan Sher of the Ivan Sher Group of Berkshire Hathaway HomeServices, Nevada Properties, who toured the house with a client. “It has a Santa Barbara exterior and a versatile interior. It has a separate guest casita and can only be reached via an external staircase or an internal elevator. One of the garages has been converted into an indoor basketball court. It’s in a great location. If this house were in The Ridges or elsewhere, it wouldn’t come close to that price outside of the Summit. “

The buyer’s agents were Sanderson and Michelle Manley.

“It’s a stunning property,” said Sanderson. “The summit is like a sanctuary. When you shop there you are shopping for the best lifestyle imaginable. It has five-star amenities and a championship golf course. The culinary experience is five stars. Everything from the moment you drive up to the gate is five stars. “

Sanderson said this was one of her best years ever as California shoppers continue to be the driving force behind the luxury frenzy.

Sher agreed for the luxury market to shift upward, saying that given different prices per square foot, buyers were getting a $ 18.5 million deal.

“We have a new plateau for high sales,” said Sher. “Of course, the $ 25 million sale will crash next year, if not this year. Too many homes valued at more than $ 30 million are coming on the market. You have some in The Summit. There’s our property in Seven Hills. There are some off-market in Ascaya. There are some properties in The Ridges, should they choose to go it would be over $ 30 million. “

Sher was the listing agent for the record-breaking square meter price for a home on The Summit that sold for $ 15.4 million. It has two floors with four bedrooms and six bathrooms. It measures 6,634 square feet and sits on 0.61 acres.

John Kim and Jim and Dana Manacher are listed as sellers as buyers. Frank Napoli, a real estate agent at Berkshire Hathaway HomeServices, Nevada Properties, represented the buyer.

Sher’s entry described the property as having “a unique ambience, beauty, and ease of lifestyle that come together in this gem of a home in the distinctive” Summerlin member-only golf club community.

“This was a stunning, one-of-a-kind home,” said Sher. “The property owner owns Guest Book, a high-end hotel company. With her mindset, her luxurious background and her design appeal, she has put together a stunning home. “

This two-story home was designed by two Californian firms, architect R. Douglas Mansfield of San Clemente, with interiors by Ohara Davies Gaetano of Del Mar. The Montecito-inspired home, in addition to four bedrooms and six baths, has five fireplaces and a primary suite on the main level.

“The décor is perfectly executed to capture the outside light and views while being surrounded by comfort and luxury,” says Sher’s listing. “Two bedrooms, each with their own bathroom and walk-in closets, share the second floor with a large den, a living room and two outside patios. Not only are the rooms on the main level beautifully integrated into the natural surroundings, but they are also designed to meet all of your needs. With a home theater, a distinctive laundry center, and a dramatic kitchen, there’s nothing ordinary here. “

Sher said the majority of the highest price per square meter homes are modern and contemporary, but this home is California modern with a different feel to most of the homes that sell for luxury premiums.

“It has this high quality allure and that sense of class, sophistication and design,” said Sher.

As for the direction of luxury, Napoli said the market continues to be strong and there is steady demand for Las Vegas and buyers willing to pay.

“We are convinced of our market and its sustainability,” said Napoli. “We assume that the market will continue to improve and last for the foreseeable future and definitely for 2022.”

Sher said the “frenzy has normalized” when it comes to luxury. You’re starting to see some price drops because owners outside of the summit have artificially pushed prices up.

“I think 2022 will be phenomenal,” said Sher. “I think we’re going to have a little more inventory, which is good because that creates business in our store. We will continue to have high prices, but there will be some discounts on homes that have overpriced themselves by anticipating a further surge in the market. “

Sanderson said there isn’t enough inventory in the market today because some owners are upgrading their outdated homes to the MLS, which is undesirable for many buyers, especially at the prices they are looking for. Those who have what luxury home buyers want will benefit, she said.

“My client bought a home for $ 1.6 million and put it back on the market (five days later) and didn’t even put it on the MLS. We sold it for $ 150,000 more in 12 hours, ”said Sanderson.

Continue Reading
Advertisement

Trending