Warburg Pincus has given Australian residential property operator Ingenia Communities until Monday to open exclusive due diligence and declare its A$5.25-a-security takeover proposal preferable to Ingenia’s planned acquisition of Peet Limited, sharpening a...
California regulators have ordered banks, credit unions and mortgage lenders to account for how they have handled insurance money owed to homeowners rebuilding after the 2025 Los Angeles wildfires. The October 15 demand follows more than 160 complaints to the...
Freddie Mac reported October 15 that its average 30-year fixed mortgage rate held at 7.40%, unchanged from the prior week. The 15-year average slipped to 6.71% from 6.73%. The official survey places the 30-year benchmark well above its 6.27% level a year earlier.The...
The national rental market is still getting cheaper on paper. In Silicon Valley, that relief has disappeared. Median asking rent across studio, one-bedroom and two-bedroom homes in the 50 largest U.S. metropolitan areas fell 0.4% from a year earlier to $1,694 in...
A Los Angeles modular-housing manufacturer has closed a $32 million financing transaction aimed at one of the industry’s stubborn problems: paying for factory production before a construction project is ready to receive finished units. Model/Z announced October...
China’s Property Investment Plunges 20.6% as Housing Crisis Deepens
