Fannie Mae announced Monday the results of its latest non-performing loan sale, naming Residential Credit Opportunities Trust IX-D as the winning bidder for a pool of 919 loans totaling approximately $203.3 million in unpaid principal balance. The transaction is...
Avila Real Estate Capital has closed $390 million in new institutional commitments and co-investments, adding fresh private capital for land, lot and construction financing across the U.S. homebuilding sector. The new commitments came from two unnamed institutions — a...
Northmarq has acquired Thirdline Capital Management LLC, expanding the commercial real estate firm’s investment-management platform into the registered-fund business. The Minneapolis-based company announced the transaction Monday. Thirdline is an investment...
Mortgage rates opened the week around the 7% threshold, keeping housing affordability under renewed pressure just days after the Federal Reserve raised its benchmark rate and signaled that inflation remains the central obstacle to easier financial conditions. Daily...
An affordable housing portfolio in Queens has secured an $86.4 million Freddie Mac refinancing, replacing acquisition financing on 506 apartments and providing another example of agency capital supporting preservation deals while conventional real estate debt remains...
Fed Holds Rates at 3.75%–4.00% as Two Officials Call for Another Hike
