Occupancy, Rate Growth Propel Ventas’ Senior Housing NOI Higher in Q1

Occupancy and rate growth at operators of Ventas’ (NYSE: VTR) senior housing portfolio helped the company achieve “outstanding” net operating income growth in the first quarter of 2022. The Chicago-based real estate investment trust (REIT) reported a 14.2% increase in net operating income (NOI) for its senior housing operating portfolio (SHOP) in 1Q22, excluding HHS … Read more

The Day – New London to consider new affordable housing plan

NEW LONDON – Household incomes in New London are rising even as house prices and rents continue to rise, according to a new study into affordable housing. The study found that 52% of renter households are cost-burdened or spend more than 30% of their income on housing, leaving them less money for necessities like groceries, … Read more

Fear of missing out fueling the real estate market, and experts are concerned |

Rising interest rates and higher house prices would normally cool down a hot real estate market, but the national and local real estate scene continues to heat up. Researchers at the Federal Reserve Bank of Dallas worry that the fear of missing out, colloquially known as FOMO, is creating a buying snowball effect that, if … Read more

Jacksonville Jaguars hire Drew Frick as real estate and development VP | Jax Daily Record | Jacksonville Daily Record

The Jacksonville Jaguars announced on May 3 that they have hired Drew Frick, former president of Gate Petroleum Co.’s real estate subsidiary, to lead the team’s downtown development plans. The Jaguars said Frick will take on the new role as senior vice president of real estate development. The team said Frick began work in April … Read more

Inside a billionaire family’s battle for $440M in real estate

This family rivals the Roy’s for money. Like a page from the hit HBO series Succession, a prominent billionaire New Jersey family dynasty is being pitted against one another for hundreds of millions in real estate. In a recent court filing obtained by The Post, prominent New Jersey real estate developer Dominick Alfieri, 82, is … Read more

Mayor Adams, Partners Urge Albany to Aid Creation of Affordable, Supportive Housing

May 1, 2022 Action by Albany would unlock an important tool to tackle homelessness and affordable housing Coalition Push follows Mayor Adams’ campaign promise to repurpose underutilized hotels as much-needed permanent housing, latest executive budget sees record housing investment new York – New York City Mayor Eric Adams today led a coalition of city and … Read more