Canyon Partners Real Estate Bolsters Portfolio with $314M Loan Portfolio Acquisition

LOS ANGELES, Nov. 23, 2020 /PRNewswire/ — Canyon Partners Real Estate LLC (“Canyon”) today announced the acquisition of a $314 million loan portfolio, comprising six senior mortgage loans secured by multifamily, student-housing, self-storage and senior living properties. The seller was represented by Eastdil Secured in this transaction.

The senior loans are floating-rate with 3- to 5- year terms inclusive of extension options and feature an average loan balance of approximately $50 million. The collateral properties are diversified across geographic markets including California, Colorado, Rhode Island, Texas and Tennessee, and include assets which are in lease-up as well as fully stabilized.

“We are pleased with the high quality nature of this loan portfolio acquisition, and the diversification that it provides our debt portfolio, which is active in both note acquisitions and directly originated debt,” said Robin Potts, Canyon’s Co-Head of Real Estate Investments and

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Why you might need to bid over the asking price if you want to snag a house for sale in North Texas

Even if you aren’t in the market for a home, you may have heard how crazy the North Texas housing market is this year.

Who knew a pandemic would trigger a home-buying boom?

Of course, the record low interest rates had something to do with the rush to purchase.

And a shortage of properties on the market in the Dallas-Fort Worth area has created a once-in-a-generation environment for both home sellers and buyers.

The scramble to find houses means multiple offers, almost immediate sales and bidding wars for choice properties.

Almost 20% of D-FW homes sold in September went for more than their asking prices, according to a new report by Zillow.

The D-FW area houses that traded above their list prices typically went for more than $10,000 above the original ask.

A year ago, only about 13% of North Texas houses sold for more than the asking price.

Nationwide,

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L.A. home sales soar as California’s housing market defies Covid



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© Provided by New Straits Times


When it comes to L.A. real estate, “Sunset” is still selling — even nine months into the pandemic.

With interest rates at some of their lowest levels ever, many renters are reassessing their housing options, said Jason Oppenheim, star of “Selling Sunset,” a Netflix reality series featuring a team of brokers and the glitzy properties they’re selling across Los Angeles.

“Let’s face it, the one per cent are doing very well right now, with markets at all-time highs and interest rates extremely low,” said Oppenheim, who runs his Oppenheim Group brokerage along Sunset Boulevard, which the show’s built around. “Houses are affordable right now and people want to get out of their cramped apartments.”

Los Angeles isn’t alone. Since Covid-19 was declared a public health emergency in March, home-buyers across California’s biggest cities have shown no let-up when it comes to betting on real

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does anybody have a reliable car for sale..

Creating Art at Juniper Village at Forest Hills
Juniper Village at Forest Hills has a new “artist in residence”. Resident Alice M., recently moved into Juniper Village at Forest Hills and was pleased to donate one of her paintings entitled “A Fruit Bowl”, which is now proudly displayed in the dining room of the community.
Alice says she started painting when she was a teenager and took art classes here and there, but that it was always more of a lifelong pastime. She always loved art, but as a young girl growing up in the 1950’s; art was not a profession, it was a hobby.
When Alice’s own children were in school, she continued to paint in her spare time while at home. She tried different styles of painting but mainly worked in oil paintings and airbrushing. Alice said she tried doing portraits, but found that she did not paint

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L.A. Home Sales Soar as California’s Housing Market Defies Covid

(Bloomberg) — When it comes to L.A. real estate, “Sunset” is still selling — even nine months into the pandemic.

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With interest rates at some of their lowest levels ever, many renters are reassessing their housing options, said Jason Oppenheim, star of “Selling Sunset,” a Netflix reality series featuring a team of brokers and the glitzy properties they’re selling across Los Angeles.

“Let’s face it, the 1% are doing very well right now, with markets at all-time highs and interest rates extremely low,” said Oppenheim, who runs his Oppenheim Group brokerage along Sunset Boulevard, which the show’s built around. “Houses are affordable right now and people want to get out of their cramped apartments.”

Los Angeles isn’t alone. Since Covid-19 was declared a public health emergency in March, home-buyers across California’s biggest cities have shown no let-up when it comes to betting on real estate.

Along with Los

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Diamond Custom Homes Bonita Beach estate sold 11 days after completion

Wilson Creative Group, Special to Naples Daily News
Published 6:01 a.m. ET Nov. 21, 2020

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Naples luxury homebuilder Diamond Custom Homes today announced its spec home located at 26385 Hickory Blvd. on Bonita Beach was contracted for sale 11 days after its mid-October completion.   

“The unique structural components of this three-story waterfront estate home have made this an exciting project for our team,” said Michael Diamond, President of Diamond Custom Homes. “We are pleased with the outcome and look forward to showing off the finished product.”

Key structural features of the 10,739 square foot home include a second floor infinity edge pool and a third floor terrace. Designed by RG Designs, the home includes two private boat slips as it is situated directly on the Hogue Channel, which feeds into Estero Bay.

The

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Brandon market seeing influx of new residents

The housing market in Brandon is seeing a recent boom according to area realtors. The inventory in southeast South Dakota is lower than in recent years, and Brandon realtor Michael Gross said his office at Hegg Realtors in Brandon is moving at a frenetic pace.



a sign on the side of a building: A For Sale sign on Teakwood Street in Brandon on Tuesday, Nov. 17, 2020.


© Tom Savage
A For Sale sign on Teakwood Street in Brandon on Tuesday, Nov. 17, 2020.

“Real estate is nuts right now,” Gross said. “The Brandon market is amazing right now. Usually this time of the year we have 18-24 houses on the market. Right now we have 12, which is insane because they’re flying off the shelf.”

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According to the Realtor Association of the Sioux Empire (RASE), new listings for Brandon are down 15.4% in September over last year at the same time. The overall inventory of homes for sale in Brandon is down 48.6% from last September. Board President Larry

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Audubon Plantation subdivision home for sale spared no expense

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No expense was spared in this spacious and unique home for sale in Lafayette’s Audubon Plantation subdivision.

The French Colonial-style home, designed by architect Gil Zaunbrecher, is truly impressive with its spectacular attention to detail and craftsmanship. The 4,187-square-foot home is privately situated on an oversized, 0.87 acre lot at 112 Red Robin Trail.

The mansion, listed at $1,175,000, offers four bedrooms, three-and-a-half bathrooms and a variety of unique features and luxuries.

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Homes for sale in towns with municipal Internet service

$499,000

372 ELM STREET / BRAINTREE

SQUARE FEET 1,183

LOT SIZE 0.25 acre

BEDROOMS 2 BATHS 1 full, 1 half

LAST SOLD FOR $320,000 in 2014

PROS This cheery blue 1945 Cape sits on a spacious lot in Braintree, where residents can get 100 megabits per second Internet service for $39.95 a month. Enter right into the open dining and living room, the latter of which features a deep blue accent wall. A sunny family room or office off the living room has sliders to a patio and side yard. Past a full bath in back, the kitchen has oak cabinets and access to the deck and large driveway. Two carpeted bedrooms, one with double closets, share a half bath on the second floor, while laundry is in the basement. CONS No tub or shower upstairs; no garage.

Jeff Weiss, In REM Real Estate, 617-651-0245, inremre.com

36 1ST Street, Norwood.
36 1ST Street, Norwood.
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The most expensive home for sale in Florida

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