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$140 Million Yonkers Apartment Tower Breaks Ground With Bank OZK Construction Financing

$140 Million Yonkers Apartment Tower Breaks Ground With Bank OZK Construction Financing

by John G. Stevens | Oct 7, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News

Construction has started on The Ibex at Ridge Hill, a $140 million mixed-use apartment tower in Yonkers, New York, adding 282 apartments to the Ridge Hill development as multifamily construction continues to attract capital in supply-constrained suburban...
Real Brokerage Launches Young Professionals Division With 95 Founding Members

Real Brokerage Launches Young Professionals Division With 95 Founding Members

by John G. Stevens | Oct 7, 2026 | Current News & Events, Industry Updates, Real Estate News

Real Brokerage has launched a new professional community for agents, starting Real Young Professionals with 95 founding members across more than 25 markets.The Real Brokerage said the group, known as Real YP, is designed around education, networking, referrals and...
VineBrook Homes Tender Offer Draws More Shares Than $30 Million Purchase Cap

VineBrook Homes Tender Offer Draws More Shares Than $30 Million Purchase Cap

by John G. Stevens | Oct 7, 2026 | Commercial Real Estate News, Current News & Events, Industry Updates

VineBrook Homes Trust said shareholders tendered more Class A shares than the company offered to purchase in its $30 million self-tender, setting up proration when the final results are calculated.VineBrook announced preliminary results Tuesday for the offer to buy up...
Supreme Court Weighs Return to Mortgage-Escrow Fight After Appeals Courts Split

Supreme Court Weighs Return to Mortgage-Escrow Fight After Appeals Courts Split

by John G. Stevens | Oct 6, 2026 | Current News & Events, Industry Updates, Mortgage Information

The U.S. Supreme Court has asked the Solicitor General to weigh in on three mortgage-escrow cases that have produced conflicting appellate rulings over whether federal law shields national banks from state requirements to pay interest on borrowers’ escrow balances....
Equity Prime Mortgage Brings David Abrahamson Back as Chief Risk Officer

Equity Prime Mortgage Brings David Abrahamson Back as Chief Risk Officer

by John G. Stevens | Oct 6, 2026 | Current News & Events, Industry Updates, Mortgage Information

Equity Prime Mortgage has named David Abrahamson chief risk officer, bringing the veteran mortgage executive back to the company to oversee credit and compliance functions.The appointment puts a mortgage professional with roughly four decades of industry experience...
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