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Private equity giant buys United Living

Construction Enquirer

Private equity giant Apollo has struck a deal to acquire United Living Group. Joanna Reiss, Partner and Co-Head of Impact at Apollo said: “United Living is a proven provider with an exceptional reputation for quality and reliability that has a profound impact on affordable housing residents and their broader communities. “As

Equity 97
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London private equity firm launches bid for Sureserve

Construction Enquirer

London-based private equity group Cap10 has launched a £214m takeover bid for housing maintenance contractor Surveserve. The bid, which is being recommended by the housing maintenance firm’s board, is at a 39% premium to yesterday’s closing share price of 90p, which gave Sureserve a market capitalisation of £145m.

Equity 82
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How Employer-Assisted Housing Programs Are Paving a Path to Homeownership

Pro Builder

How Employer-Assisted Housing Programs Are Paving a Path to Homeownership. Employer-assisted housing (EAH) programs offer incentives for employees making home purchases. Housing Policy + Finance. Housing Policy + Finance. Mon, 05/09/2022 - 10:26. New-Home Sales. Human Resources.

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20-Year High Mortgage Rates Won’t Crash the Housing Market—Here’s Why

Pro Builder

20-Year High Mortgage Rates Won’t Crash the Housing Market—Here’s Why. Mortgage rates briefly surged to a 20-year high last week, and as more prospective buyers are priced out of home purchases, economists warn that the housing market may be headed full speed ahead toward a recession. Mon, 10/03/2022 - 09:59. Market Data + Trends.

Housing 98
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Wave of Foreclosures May Have Little Impact on Housing Market

Pro Builder

Wave of Foreclosures May Have Little Impact on Housing Market. This is great news for the economy and housing market, but the swiftness of both foreclosed homes coming and going is reflective of the pandemic’s unequal impact on Americans. Homeowners have gained $2 trillion in home equity since the beginning of the pandemic.

Housing 52
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6 guideposts for cities to create equitable transit-oriented developments

BD+C

Multifamily Housing Affordable Housing Office Buildings Retail Centers Shopping Centers Transit Facilities Despite the best efforts of city governments and their transportation departments, transit-oriented-development projects often unintentionally burden existing residents and small businesses in the area.

Austin 95
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Young Professionals Have Returned to Cities, Impacting Rents

Pro Builder

The FTSE Nareit Equity Apartments index, which tracks publicly traded apartment companies, increased 42% since January 2021. Some landlords catering to affordable housing or lower-income tenants, meanwhile, have struggled to collect rent during the nearly yearlong eviction ban that ended over the weekend. Housing Markets.