People on the Move 10.3.22| Housing Finance Magazine

The NRP Group Names EVP of Development in Texas Christopher O’Neill has joined The NRP Group as executive vice president of development in Texas. Christopher O’Neill “We are thrilled to have Chris bring his expertise to our team and continue to follow the NRP mission to create outstanding rental communities for individuals and families, regardless … Read more

Housing sales up 87% in Jan-Sept in 7 cities; breach full 2019 figure: Report

The housing sales across seven cities between January-September period surged 87 per cent to 2,72,709 units and had breached the transactions clocked in entire 2019 pre-COVID year on strong demand, said property consultant Anarock on 2 October. The report added that the sales stood at 1,45,651 units in the January-September period of 2021. Anarock tracked … Read more

Affordable housing: Demand, entry of new developers, govt aid, urbanization help India’s realty sector growth

By Prashant Utreja It is an established fact that the real estate industry is the heart that drives a country’s economic progress. A relatively new fact is that affordable housing is the oxygen that can keep the sector running. As suggested in the name, affordable housing generally refers to housing that is deemed reasonably priced … Read more

Do your homework before any real estate investment

Due Dil Kenya Ltd CEO Steve Kivuva. [File, Standard] Real estate investing is a great strategy to increase wealth and generate income. It’s a significant financial commitment, although you want to avoid making major mistakes. The likelihood of costly financial errors is decreased by having good due diligence skills. Additionally, it supports more knowledge and … Read more

Gulf Africa, Mi Vida homes pen homes financing deal

Markets & Finance Gulf Africa, Mi Vida homes pen homes financing deal Tuesday September 20 2022 Mi Vida Homes CEO Samuel Kariuki (L) and Gulf African Bank CEO Anuj Mediratta during the signing of a pact to offer customers Shariah-compliant home financing. PHOTO | DIANA NGILA | NMG Gulf African Bank and real estate developer … Read more

The impact of FDI on real estate

Real estate in India is the second largest employment producer, estimated to contribute to 13 percent of the country’s GDP, and the third largest sector in FDI flow. It is poised to exceed Rs 65,000 crore by 2024 and 2025. The real estate market is constantly evolving with innovative solutions spanning residential, commercial, and retail … Read more

Jefferies Sees Up To 25% Upside In These Housing Finance Companies On Strong Loan Growth

By Sep 09, 2022, 03:24 PM IST (Published) Mini Housing loan growth accelerated to 15.5 percent in the April-June quarter from 13 percent in the previous quarter, said the brokerage house. Global brokerage firm Jefferies remains positive on the stocks of housing finance companies owing to strong momentum in housing credit demand. In a … Read more

April Housing Takes Key Steps in its First Months| Housing Finance Magazine

The pieces are coming together at April Housing. Seven months after its launch, the company has added key members to its executive team, moved toward making its first low-income housing tax credit (LIHTC) investment, withdrawn a qualified contract, and resolved two court cases that it had inherited. Alice Carr April Housing, a Blackstone Real Estate … Read more

Embracing Mission, Development Firm Rebrands as Pivotal Housing Partners| Housing Finance Magazine

A prominent affordable housing developer has rebranded as Pivotal Housing Partners. The new name replaces MVAH Partners, which was established by Brian McGeady and Michael Riechman in 2018. The managing partners will continue to lead the Ohio-based company. Brian McGeady “We wanted a name that better represented the spirit and mission of our organization,” says … Read more