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2020 U.S. Home Prices: A Bright Spot in a Dark Year
January 20, 2021 GMT
Radian Home Price Index: 2020 - A Year in Review (Graphic: Business Wire)
PHILADELPHIA (BUSINESS WIRE) Jan 20, 2021
2020 will go down in the history books for many reasons, but one bright spot in a year of darkness is the performance of the U.S. residential real estate markets. December 2020, like much of the year, recorded very strong home price appreciation. According to Radian Home Price Index (HPI) data released today by Red Bell Real Estate, LLC, a Radian Group Inc. company (NYSE: RDN), home prices nationally rose from the end of November 2020 to the end of December 2020 at an annualized rate of 8.5 percent. The Radian HPI is the most comprehensive and timely measure of U.S. housing market prices and conditions.
By IPE staff2020-12-22T15:49:00+00:00
A debt fund managed by GWM has provided €70m financing for the acquisition and development of a portfolio of logistic assets in Italy.
GWM’s Commercial Real Estate Debt Opportunities Fund (CREDO Fund) is providing the loan for the assets held by the Italian Logistics Fund, a vehicle managed by Savills Investment Management and backed by lead investor Angelo Gordon alongside local logistics partner Bell Real Estate.
Conduit Real Estate acted as debt advisor to the borrower.
Tracy DeBlieck, managing director at Angelo Gordon, said: “As highlighted by our ability to fully pre-let the first development asset in this portfolio prior to construction, demand for logistics space – particularly build-to-suit – in Italy remains strong, and we look forward to working in partnership with Bell Real Estate and Savills Investment Management SGR to continue unlocking value across these properties.”
U.S. Home Prices Continue Stronger 2020 Second Half, Radian Home Price Index Reveals
U.S. Home Prices Continue Stronger 2020 Second Half, Radian Home Price Index Reveals Home prices across the United States rose at a faster pace, in November, than the month prior (October 2020) and continued to appreciate at higher than 2020 average monthly rates. According to Radian Home Price Index (HPI) data released today by Red Bell Real Estate, LLC, a Radian Group Inc. company (NYSE: RDN), home prices nationally rose from the end of October 2020 to the end of November 2020 at an annualized rate of +9.8 percent. The Radian HPI is the most comprehensive and timely measure of U.S. housing market prices and conditions.