Brixmor Property Group and Everview Partners have struck a $2.34 billion deal to acquire Slate Grocery REIT, a transaction that would split 115 grocery-anchored shopping centers between Brixmor and a new institutional joint venture while taking Slate private. Under...
National Healthcare Properties has agreed to sell 40 outpatient medical facilities for approximately $531 million, advancing a broader plan to exit the outpatient medical business and concentrate the publicly traded REIT on senior housing. The definitive sale...
Benchmark Mortgage is exiting wholesale and correspondent lending through Eleven Mortgage, ending its third-party origination operation as the company concentrates capital, leadership and technology investment on retail mortgage production. Benchmark, a brand of...
The Department of Housing and Urban Development is increasing the upfront guarantee fee on new Section 184 Indian Housing Loan Guarantee Program commitments, a change that will raise the initial financing cost for borrowers using one of the federal government’s...
CubiCasa and Restb.ai are giving 30 multiple listing services faster floor-plan processing at no additional charge, cutting CubiCasa’s standard turnaround from 24 hours to less than 12 for qualifying organizations. The companies announced the program Monday and...