Ires Property Management
Ires Property Management – An innovative partnership allows real estate professionals to connect local property owners with companies looking to secure land leases for solar, wind, timber, oil and gas, cell towers and more.
LOVELAND, Colombia — (October 29, 2020) — Information and Real Estate Services (IRES) today becomes the nation’s first multiple listing service (MLS) to partner with RealX, the country’s first and largest online real estate exchange.
Ires Property Management
IRES serves Boulder, Weld, Larimer, Logan and Morgan Counties and also maintains partnerships with other regional MLSs to expand access throughout Colorado. Through this agreement, IRES will now provide members with access to the RealX exchange, which allows landowners to register their property and the rights they want to sell or lease. Professionals looking to place rentals can then search the database and make offers directly to landlords faster and more efficiently than ever before possible.
W 12th St, Greeley, Co 80634
As a result of this partnership, IRES members have access to information that can provide valuable insight to help inform a land purchase transaction.
“When I learned about RealX, I thought it was a brilliant concept and a perfect fit for our region in Northern Colorado,” said Lauren Hansen, CEO of IRES. “The IRES MLS territory stretches from University towns to the mountains, plains and wide open spaces – and let’s not forget that we have an average of 300 days of sunshine each year in Colorado.”
RealX gives land brokers an opportunity to reconnect with past clients to determine if they would be interested in leasing their land for the placement of various uses, from the placement of solar panels or wind turbines to traditional energy exploration or cell towers. In many cases, these leases can provide both a public benefit as well as additional income for the landowner. As a result, RealX has experienced average monthly user growth of over 50% in 2020 despite the COVID-19 pandemic.
“Until now, matching interested landowners to those looking to lease space for energy, communications and other projects has been a manual, time-consuming process,” said Luke Glass, CEO of RealX. “Our exchange automates the process, allowing brokers to focus on sales and deals rather than tedious research,” he added.
Coming Soon Faq
The need for land to host infrastructure in industries such as communications and alternative energy is expected to continue to grow rapidly. For example, solar and wind will need access to millions of acres to meet aggressive renewable energy goals. Additionally, cell towers supporting the much faster 5G system will require much more physical placement, so finding leaseable land will be critical to delivering competitive service outside of major metropolitan areas.
IRES members will be able to access the RealX database directly through the MLS, allowing real estate professionals to discuss potential rights to rental opportunities with prospective buyers and sellers as part of their sales process.
Information and Real Estate Services, LLC (IRES) was formed in 1996 as the regional Multiple Listing Service (MLS) for northern Colorado by five Boards and Associations of REALTORS® in Boulder, Fort Collins, Greeley, Longmont and Loveland/Berthoud. In addition to these five Boards and Associations, IRES is the MLS provider for the Estes Park Board of REALTORS® and Logan County Board of REALTORS®.ColoProperty.com® for consumers is owned and operated by IRES. Its office is centrally located in Loveland. , Neck.
RealX, America’s first and largest online real estate exchange, is revolutionizing the way surface and underground real estate is bought, sold and leased. By leveraging digitization, globalization and virtualization across all marketplaces, RealX unlocks the value of every property, empowering landowners and energy companies to maximize the return on their investment. By organizing and modernizing a highly fragmented marketplace, RealX more easily connects landowners and companies in energy (solar/wind/oil/gas), communications (cell towers), building materials (wood), agriculture (farming) and many others.Ires mulls. in-house property management after paying 29 million euros in fees. State’s largest private residential landlord ready to move in after contract expires
Wintergreen Ln, Bellingham, Wa 98226, Usa
Ires Reit group chairman Declan Moylan and chief executive Margaret Sweeney pictured with its annual report at the group’s 2019 meeting. Photo: Nick Bradshaw
Ires Reit, the State’s largest private housing landlord, is understood to be at an advanced stage of planning to move the asset and property management of its portfolio of almost 3,700 flats in-house to reduce running costs.
A fund management company called Ires Fund Management, which is owned by the Canadian group that set up and floated Ires on the Dublin stock exchange in 2014, has received around €29 million in investment management agreement (IMA) fees since then. , according to disclosures in annual and interim reports.
In addition, the Canadian group, called Capreit LP, continues to hold an 18.3 percent stake in Ires.
Recolorado & Ires Data Exchange Integration
The move to “internalise” fund management would see 65 staff from the investment management firm become direct staff of Ires, which currently has just three staff, including chief executive Margaret Sweeney.
In addition to management fees, the Canadian group charged some of its salary expenses to the Dublin-listed company. These amounted to 1.36 million euros for 2020 alone, according to its latest annual report.
Ires has been allowed to take over the shares of its Canadian investment manager for €1 since a five-year contract with Ires Fund Management expired last November.
An Ires spokesman declined to comment on plans to move its investment management function in-house at Ires.
Pine St, Steamboat Springs, Co 80487
Ires said on November 2 that a subcommittee of the board was engaged in talks with the investment manager and Capreit “regarding the possible terms of a revised IMA while also assessing the relative strategic and financial merits of the various available alternatives”.
“As of November 1, 2020, being the expiration date of the initial IMA period, the board subcommittee has not reached agreement on new terms for a revised IMA with Ires Fund Management. Therefore, in accordance with its terms, the IMA will continue at this time under the existing conditions,” it said at the time.
Ires currently owns 3,683 apartments and houses for private rent in Dublin and Cork, and has a further 69 units to be delivered by the end of the first half of 2022 under pre-purchase contracts. It has planning approval to develop a further 543 residential units on its existing sites.
In addition, the company said last month that it would acquire 146 apartments at the Phoenix Park Racecourse in Dublin 15 for €60 million by the end of January.
What Is A Metro District?
Four founders of Hibernia Reit shared €39.9 million in shares and cash resulting from the company’s move in November 2015 to “internalize” management of the company midway through an IMA deal with the listed office property company.
The early internalization agreement resulted in no additional costs for Hibernia Reit beyond what it would otherwise have had to pay in fees.
Asset manager Green Reit Property Ventures, the firm led by Stephen Vernon and Pat Gunne, which managed Green Reit’s assets, is said to have received more than €100m in shares and fees between the property company’s flotation in 2013 and its purchase outside the market last year. .
‘My husband was invited with me to receive the results, so I knew it had to be bad news’ In November 2019 NAR approved MLS Policy 8.0 – Clear Cooperation. IRES MLS has implemented this policy with a new Coming Soon status. This status, used during listing creation, can be viewed anywhere listings are displayed on IRESis.com, MySite and ColoProperty.com®.
Arbor Ave, Greeley, Co 80631
IRES MLS rules and regulations require that a publicly marketed listing (as defined by NAR Policy 8.0) must be submitted to the MLS within 1 business day. The list can be added either as an Active list or an Upcoming list.
By selecting Soon as the status, the listing will automatically update to Active status on a date specified known as the Active Date. This date is anytime within 7 calendar days after the listing is entered into the system.
These listings are searchable in the system as well as through Prospects & MySite, and on ColoProperty.com®. Soon listings are not syndicated to other listings until they convert to Active. Update: As of August 2021, Coming Soon listings are provided to both IDX providers and property syndicates.
County Shelter in Place Orders: Last week Boulder and Larimer Counties issued Shelter in Place orders for all residents. Local ordinances that are more restrictive than the State ordinance (see below) supersede the State ordinance. County orders are in effect until April 17, while the state order is in effect until April 11, although it can be extended.
Real Estate Online Coaching Sessions
Association executives and I fielded many questions from members. The situation was chaotic, needless to say. Boulder and Larimer Counties later designated real estate as an essential business. We got questions like, “Will I get pulled over by the police if I don’t do business?” or “Is it okay to hold open houses or presentations?”
Some members wanted specific guidance on these issues. Rumors flew fast and furious. By now you will receive information from your associations. I encourage you to follow their recommendations. They will inform you.
While county health departments have not banned displays, for example, they are asking all of us to follow theirs
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