Industry News

Bob Six to Step Down; Chris Baker Appointed Chief Executive Officer, Effective June 1, 2024. CHICAGO, June 5, 2024 (Newswire.com) – Zeller is announcing today that Bob Six will step down as Chief Executive Officer (CEO), and Chris Baker, President of Zeller Realty Corporation will be appointed as the company’s new CEO, effective June 1, 2024. ...

ELLENSBURG, Wash., June 05, 2024 (GLOBE NEWSWIRE) — CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, today announced the acquisition and planned renovation of Crestview Terrace, an affordable housing development in Ellensburg, Wash. Built in 1970, Crestview Terrace last underwent renovation in 2008, and has since experienced deferred maintenance. The development’s 168 units are ...

Sterling Organization Closes Seventh Real Estate Fund Hitting Hard Cap with $600 Million in Equity Commitments. WEST PALM BEACH, Fla., June 5, 2024 (Newswire.com) – Sterling Organization (“Sterling”), a vertically integrated private equity real estate investment management and services firm, today announced the final close of Sterling Value Add Partners IV, LP (“SVAP IV”). The ...

The fund includes $273.5 million of investor equity, which will result in 1,506 affordable housing units in four states. COLUMBUS, Ohio, June 4, 2024 (Newswire.com) – Ohio Capital Corporation for Housing (OCCH), a non-profit affordable housing tax credit syndicator, announced today that they have successfully closed Ohio Equity Fund 34A (OEF 34A), which includes $273.5 million ...

2-10 Offers Strategies to Improve the Experience of Homeownership

If you’re new to real estate investing, you may be asking yourself “Should I hire a property manager?” The truth is, going it alone can be exhausting and tie up much of your free time. When you hire a property manager, they act as your personal assistant for your real estate needs. They’ll take care ...