RESIDENTIAL NEWS
Habitat for Humanity International to Address Black Homeownership Gap Habitat for Humanity International is launch-
many Black people and communities of color
ing an initiative to address the racial home-
continue to face,” the organization said in
ownership gap. Habitat’s Advancing Black
the announcement.
Homeownership initiative “deepens our commitment to increase homeownership op-
Leveraging funds provided in part by phi-
portunities for Black individuals and families
lanthropist MacKenzie Scott’s $436 million
— and address the racial and systemic bias
donation, Habitat is initially investing more
that has stymied access to homeownership
than $25 million over the next three to five
programs, including an equitable commer-
for generations — through programs that will
years — with a goal of raising $100 million or
cial lending strategy and property acquisition
help end the social and economic disparity
more — to develop and launch a slate of new
fund through Habitat Mortgage Solutions.
Realogy Completes Rebrand to “Anywhere” Say goodbye to Realogy and hello to Any-
strategic shift for the company, which is
where, as the residential real estate servic-
home for real estate brands including Be!er
es company has completed its corporate
Homes and Gardens Real Estate, Century 21,
rebrand. Shares of Anywhere’s common
Coldwell Banker, Corcoran, ERA and Sothe-
stock now trade on the New York Stock
by’s International Realty as well as national
Exchange (NYSE) under the ticker sym-
title, settlement, and relocation companies
bol HOUS. The company’s CUSIP number
and scaled mortgage origination and un-
remains unchanged.
derwriting joint ventures. The company has
The new logo features an icon inspired by an
placed a strong emphasis on building a more
eight-stroke asterisk that has been modified
simplified, digitized and integrated home
as a sun rising above a home’s roofline.
The Anywhere rebrand reflects a broader
Photo courtesy of NYSE
buying and selling experience, it said.
Jungreis and Rosewood Realty Broker Strulovitch’s 13-Building Portfolio at Bankruptcy Auction Rosewood Realty Group’s Aaron Jungreis,
ferson Ave., 568 Willoughby Ave., 618 Lafaye!e
Greg Corbin and Chaya Milworn brokered
Ave., 834 Metropolitan Ave., 92 South 4th St.,
the $19.6 million auction sale of a 13-building
325 Franklin Ave., 53 Stanhope St. and 263 18th
portfolio in Brooklyn. Marvin Azrak, Joel Wertz-
St. The auction stretched over two days and
berger, and Josef Mikkelson were the winners
consisted of 142 rounds of bidding.
Photo courtesy of Rosewood Realty
of the auction. According to Corbin, there were 11 registered
“The properties appealed to a vast range of in-
The 13 properties were part of Chaskiel Stru-
bidders who signed 27 contracts for the port-
vestors,” said Milworn. “We worked with buyers
lovitch’s 31-building portfolio. The bankruptcy
folio in bulk and for individual properties. A
who viewed it as a value-add multifamily or as
sale included: 1125-1133 Greene Ave., 1213 Jef-
bundle of five propertles are contiguous.
condo conversions.”
34 MANN REPORT | AUGUST 2022
