The Bascom Group has acquired a 370-unit North Dallas apartment community that went through lender foreclosure in 2025, turning one of the multifamily sector’s distress stories into a new value-add investment. Bascom acquired Jasmine Apartments, a 1980-built...
Mortgage servicing technology company Sagent has promoted President Sridhar Sharma to chief executive officer and named longtime Fannie Mae executive Andrew Bon Salle chairman of its board as the company moves to scale deployment of its Dara servicing platform. Sagent...
A nearly $10 billion federal homeowner-relief program created during the pandemic is entering its final days, closing a chapter in the government’s effort to prevent mortgage defaults, foreclosures and displacement after COVID-19.The federal Homeowner Assistance...
Massachusetts’ highest court has rejected a new challenge to the state’s MBTA Communities Act, leaving intact a sweeping zoning mandate that requires 177 transit-served cities and towns to provide districts where multifamily housing can be built as of right.The...
New York’s attorney general has reached a $352,250 settlement with a Brooklyn real estate firm after an investigation found the company illegally used housing-court histories to reject rental applicants and failed to return apartment deposits to hundreds of...