Real Estate

The scholarship program initiates at Indiana University's Kelley School of Business and provides opportunities for a diverse range of students to pursue real estate careers

CHICAGO, May 24, 2023 (Newswire.com) - Hunden Partners (HP or Hunden), a full-service, national real estate development advisory practice, announced the winners of the annual Robin Scott Hunden Real Estate Scholarship. The scholarship program aims to foster diversity in the real estate industry, encourage young people to explore real estate-related careers, and ease the growing burden that college costs can place on families. 

Robin "Rob" Hunden is founder and CEO of Hunden Partners and a graduate of the Indiana University Kelley School of Business. He established scholarships for Kelley students at IU-Bloomington and Indiana University Purdue University Indianapolis (IUPUI) to give back to his alma mater and foster new talent from non-traditional backgrounds in real estate.  

"As an Indiana University alum, I appreciate the opportunities I had to build a foundation for my future real estate career during my course of study at the business school. I'm thrilled to help provide these same opportunities to a new generation of college students through scholarship support," said Hunden. "Commercial real estate is often categorized as an insider's profession with many barriers to entry. I wanted to do what I could to change that perception and provide opportunities to students that would help reduce racial and gender disparities in our industry."

The winners, Michelle Lin of Shepherdsville, Kentucky, and Imani Thomas of Zionsville, Indiana, are students at IU and IUPUI, respectively.

Lin, a first-generation college student currently studying finance and real estate, is involved with Kelley's Commercial Real Estate Workshop, and in numerous student organizations, including Asian American Association, Women & Co, Real Estate Club, and serves as acting president of the Chinese Business Association. 

Thomas is an accomplished basketball player and a member of IUPUI's Women in Business club. She is studying finance and real estate, and she plans a career in real estate development with a focus on social value.  

Lin and Thomas were awarded scholarships of $2,500 each for the '22-'23 school year. The Robin Scott Hunden Real Estate Scholarship will be awarded annually. Preference will be given to students who have demonstrated financial need, including students who are paying for their own education.

"We have seen a surge of interest in real estate studies at the Kelley School, with enrollment in our classes, clubs and workshops that focus on this area growing exponentially. Gifts like Rob's allow greater access to the opportunities that we provide our students, who like him, can look forward to successful careers," said Ash Soni, dean of the Kelley School and the Sungkyunkwan Professor. "We appreciate his generosity and partnerships like his."

About the Kelley School of Business

The Indiana University Kelley School of Business has been a leader in American business education since 1920, preparing students to lead organizations, start companies, develop new products and services, and shape business knowledge and policy. With more than 127,000 living alumni and a total enrollment of more than 15,134 students and about 330 faculty members at IU Bloomington, IUPUI and online worldwide, the Kelley School is among the premier business schools in the country. The school is frequently ranked among the top programs in the U.S. and globally. Its Kelley Direct online MBA program is ranked No. 1 by U.S. News & World Report, Fortune and the Princeton Review. U.S. News also rates Kelley undergraduate programs among the best, ranking it eighth overall. For more information, please visit https://kelley.iu.edu/.

 About Hunden Partners  

Hunden Partners, also known as "Hunden," is a leading real estate and destination development consulting firm, with professionals in Chicago, San Diego and Minneapolis. The firm offers a full range of advisory, market and financial feasibility, economic and impact analyses for specialty destination assets such as sports facilities, mixed-use and entertainment districts, convention and expo centers, hotels, entertainment venues, theme parks, recreation facilities, and other economic development projects. In addition, Hunden also provides the developer solicitation and selection experience to move projects from concept to funding. Hunden's clients include cities, states, universities, DMOs, authorities and private developers. Rob Hunden has worked on more than 1,000 studies and has had a hand in the development of more than $20 billion in open and underway projects around the world. For more information, please visit https://hunden.com.

Contact Information:
Laura Sportiello
Vice President, Business Development
[email protected]
312-643-2500
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Original Source: Real Estate Development Firm Hunden Partners Announces Winners of Its Annual Robin Scott Hunden Real Estate Scholarship

Corcoran Reverie Announces Availability of Final Home, Marking the Completion of the Remarkable 30A Community in Inlet Beach, FL.

INLET BEACH, Fla., May 18, 2023 (Newswire.com) - Corcoran Reverie, a leading luxury real estate brokerage in Northwest Florida, is pleased to announce the availability of the final home in Inlet Beach's newest exclusive low-density community, Grand Inlet. This milestone marks the culmination of an exceptional journey that has transformed the once-barren landscape into a vibrant and thriving neighborhood, offering an unparalleled coastal lifestyle while upholding architectural integrity and taking full advantage of the stunning views anchored by the sugar-white sand and the Gulf of Mexico's turquoise-hued waters.

Since the initial release in 2021, the Grand Inlet development team has been dedicated to creating a community that not only provides legacy residences but also fosters a sense of belonging and connectivity among its residents and the surrounding nature. The release of the final residence located at 27 Grand Inlet Court represents the successful realization of this vision.

The Grand Inlet community has set new standards for luxury living with distinct features and amenities that are often only found in full-time residences while remaining strategically positioned to be leveraged as a high-performing short-term rental for savvy investors desiring a beach home on 30A that doubles as an income generator. Each home has been meticulously crafted with attention to detail, incorporating high-quality materials and wood adornments, innovative features, including full-service elevators, private pools, rooftop decks with fire pits, and the latest technology to meet the evolving needs of today's perspicacious buyers. The result is a harmonious blend of elegance, functionality, and sustainability that will be appreciated for generations to come.

"We are thrilled to announce the availability of the final home in Grand Inlet," said Hilary Farnum-Fasth, Broker/Owner of Corcoran Reverie. "This milestone is a testament to the vision, dedication, and hard work that has gone into creating a truly exceptional coastal community. We are immensely proud of what the development team at Freeman Partners has accomplished, and we are grateful to all the residents who have made this community come alive."

Prospective homeowners interested in the final home of Grand Inlet are invited to schedule a private viewing and experience the unparalleled lifestyle the community offers. Additional information can be found at www.grandinlet.com.

About Corcoran Reverie

Corcoran Reverie, an affiliate of Corcoran Group LLC - a leading residential real estate brokerage firm headquartered in New York City - is a locally owned high-end brokerage specializing in the luxury home market in the greater Nashville area and across Northwest Florida from Destin to Panama City and the coastal communities along 30A. With a 190+ agent team led by broker and owner Hilary Farnum-Fasth and partner Jacob Watkins with offices in 30A, Destin, Panama City, and Nashville, Corcoran Reverie was ranked the #1 office in Northwest Florida based on closed office sales volume with over $750 million in its first year as a Corcoran affiliate and has continued to exceed $1B in closed sales volume each year since affiliating. For more information on Corcoran Reverie, visit corcoranreverie.com.

Contact Information:
Corey Birger
Chief Operating Office
[email protected]
850.454.6693


Original Source: Final Legacy Residence in Florida's Exclusive Community of Grand Inlet Hits Market at $7.295M

From home finding to mortgage application to ownership, the homeowner's personal AI assistant is making home buying easier using Celligence technology.

BUENA PARK, Calif., May 18, 2023 (Newswire.com) - Celligence, a fast-growing fintech startup, announced that they have completed the first end-to-end home purchase driven by an AI system. The AI platform, known as MORGAN, worked in tandem with the loan officer, escrow agent, listing agent, and buyer's agent to help the first-time home buyer secure his dream home. It is expected that this will be the first of many new developments that are set to revolutionize the real estate and finance industries.  

Pavan Agarwal, CEO of Celligence, is an engineer and has been in the real estate industry his whole life. He saw the long and arduous homebuying process and focused on tech solutions to revolutionize the experience and process. Artificial intelligence is meant to simplify lives and make it easier to work. He created the first empathetic AI platform called MORGAN which, for the first time in human history, an AI connected a home buyer and home seller and then closed the home purchase transaction in less than 25 days. 

Agarwal explained how MORGAN got the buyer conditionally approved in 30 minutes, sent him daily listings of potential homes that fit his criteria, determined the right offer price, sent proof of funds to the listing agent, created the offers and counter offers with the real estate agent, and worked with the real estate agent to fully close the purchase. "This speed, ease, and accuracy can only be achieved by implementing artificial intelligence to do the heavy lifting for the real estate agent," Pavan explained. 

"As a professional who often works long hours, I was thrilled to discover the convenience of MORGAN in the home-buying process. With MORGAN available 24/7, I could easily access information on homes and schedule visits with my realtor on my own time. The entire process was incredibly user-friendly and streamlined," Rohit A. (the home buyer) explained. "This was a very successful real-world, 'first flight' of MORGAN as the homebuyer's personal assistant and our engineering team collected a lot of data in this process. The real estate agents and the loan officer loved the experience, but, most importantly, the first-time homebuyer was totally at ease because he knew he wasn't being 'sold to' by MORGAN (after all, an AI does not feel a desire or need to earn a commission) to give the most complete information that is available to her," explained Pavan Agarwal, founder of Celligence and creator of MORGAN.

As an engineer himself, Agarwal turned to technology as the solution to an outdated home purchase system. Models such as Chat GPT can generate vast amounts of information on a subject or execute math computations; however, none have been able to interact with humans, generate new information, or deliver value to anything near what MORGAN just did. This was a home purchase 100% processed by an artificial intelligence system. "We are proud to be one of the first to show a real-world, positive example of AI improving a business process. That is what AI is all about: using software tools in combination with human expertise to streamline an unnecessarily slow process," explained Agarwal.

About Celligence and Morgan 

Celligence International, LLC is one of the fastest-growing fin-tech and AI companies. Celligence has engineered a novel AI that is evolving and self-generating neural cells which come together to solve complex problems. The Celligence AI is deterministic, not merely generative, and it delivers 100% accurate and trustworthy responses, as is required for financial transactions. At Celligence, a team of brilliant engineers are expanding the boundaries of the financial services industry through innovations in mobile applications, customer acquisition, retention algorithms, and AI-based process automation continuously filing new patents supporting our technology.  

Celligence's development of Morgan is a first-of-its-kind, patented AI system using Empathetic Technology™. Morgan Emphatic Technology Platform interprets and gathers information as presented, in free form and dynamically builds a loan file in a non-structured stress-free method. Morgan has the ability to understand emotions from the users' expressions. Keystrokes, fluctuations in speed/timing, and word choice are intelligently analyzed allowing a dynamically altered user interface while gathering all necessary data points. This approach does two things, it reduces costs and empowers all income brackets and financially novice borrowers the ability to apply and be approved for a home mortgage. Morgan already has over 34,000 registered users and in Q1 2023 close to a 50% month-over-month increase in chat conversation volume.

Contact Information:
Sophie MIchaels
PR Manager
[email protected]
914 309 8221


Original Source: World's First 100% AI-Controlled and Executed House Purchase Processed by MORGAN

Real Estate's No. 1 Coach and Top Industry Pros Solve Today's Toughest Agent Challenges

SALT LAKE CITY, May 18, 2023 (Newswire.com) - No. 1 ranked real estate coach Tom Ferry has been busy on the road with his bestselling Roadmap Tour of one-day real estate seminars. With 13 stops across California, Texas, Florida, the Northeast, and the Midwest already in 2023, he's now turning his sights to Salt Lake City on June 15.  

The Roadmap Tour, which launched in January, has sold out nearly every city along its path, generating rave reviews from agents looking to learn cutting-edge strategies and gain the information crucial to succeeding in today's challenging real estate market.

"Between interest rates, inflation, and the uncertainty in the market, agents are faced with some serious challenges right now," says Ferry. "I think the success of this tour shows just how much agents need further guidance and insight into how to overcome those challenges. The market keeps getting harder every day, but the agents who join our community and implement these strategies are the ones who continue to see success in their businesses."

During the single-day event, agents gain:

·   Real estate lead generation strategies proven to drive traffic in today's marketplace

·   The exact plays that are working for agents at the top of their MLSs

·   Three tactics for putting their brands front and center

·   Direct, never-before-heard insights from Tom Ferry

In addition to learning directly from Tom Ferry, Roadmap attendees gain important insights into local market data from David Childers, CEO of one of the most trusted real estate news sources in America, Keeping Current Matters. Each Roadmap event also presents a host of rotating top agents sharing real-world success strategies.

As a world-renowned real estate coach known for his dynamic speaking style and CEO of his namesake coaching company, Tom Ferry is the name behind some of the most popular real estate seminars today, including Success Summit and Sales & Marketing Edge. But what sets Roadmap apart is its emphasis on the local data helping agents become the leaders in their specific markets.

"This event isn't for everyone," Ferry says. "This is for serious agents from around Salt Lake City and the greater Utah area who are willing to put in the work but just need specific guidance and tools to take their businesses to the next level."

Roadmap Salt Lake City is happening June 15 at the Salt Lake City Marriott. Each stop on the Roadmap Tour has been selling out quickly and this one is predicted to be no exception. Agents are encouraged to book their tickets as soon as possible.

Chief Growth Officer, John Westley is available for interviews. 

Contact Information:
Scott Burton
Vice President of Brand Marketing
[email protected]
310-592-3392


Original Source: Tom Ferry's Roadmap Tour Comes to Salt Lake City, June 15

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