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Glenstone offer for Alternative Income attracts minimal shareholder support
Alternative Income REIT says Glenstone’s unsolicited offer has attracted valid acceptances for only 2,000 shares after 21 days. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post…
Security Company Brivo’s Eeva Aims to Enhance Property Safeguards – Commercial Observer
From backyard intruders to dumpster management, Brivo, a cloud-native artificial intelligence-driven security company, is looking to make commercial and multifamily properties more secure with AI-enchanced video agents. In March, the Bethesda, Md.-based company introduced Eeva, a real-time AI video agent that keeps an eye on issues ranging from retail crime, workplace safety, illegal dumping and…
Alternative credit data comes to TransUnion mortgage reports
One of the three major credit bureaus has added alternative data to its mortgage credit reports, saying it will help reduce risk sooner in the mortgage decisioning process. TransUnion described TruVision Alternative Credit Attributes 2.0 data as an enhancement that gives lenders “earlier insight into borrower stability and intent” during the prequalification stage. The ACA…
Brookfield Properties Changes Name To BGRE In Global Rebrand
Brookfield Properties, one of the world’s largest real estate owners, has changed its name to BGRE as part of its global expansion efforts. Brookfield Place in New York City The rebrand, which takes place effective immediately, “enables the platform to define its market-facing approach,” according to a press release. It won’t impact the business’s operations or…
Starwood Advances 226K-SF Data Center in Fairfax County, Va. – Commercial Observer
Starwood Capital Group is advancing plans for a pair of data centers in Fairfax County, Va., near the Alexandria border. The investment firm filed plans last week for the first building at its Plaza 500 development, according to the Business Journals, which cited Fairfax County records. SEE ALSO: Oceanwide Plaza Sale Set to Advance After…
How a VA loan helps put California’s tough housing market in a better state
Winning the offer before it is even reviewed “Speed is purchasing power. The faster and more predictable you are, the stronger your VA buyer looks to the seller.” At World Home Loans, it all comes down to speed purchasing power. In this market, speed is a big advantage. Before an offer is even reviewed, someone…
