Ploti has launched a property-data service built for artificial intelligence assistants, promising direct access to local government records that real estate investors and developers typically assemble from separate zoning, permit, ownership and land-use systems. The...
Fannie Mae and Freddie Mac have made a standardized property data report mandatory for vendors that collect property information in eligible mortgage transactions, replacing the assortment of report layouts that lenders previously had to accommodate. In a joint...
The U.S. housing market had nearly 63% more sellers than buyers in September, the widest imbalance in Redfin records going back to 2013, as higher mortgage rates pushed potential purchasers out of the market faster than homeowners stopped listing. Redfin’s...
Castlelake has priced a $1.1 billion commercial real estate collateralized loan obligation, bringing a new issuer into the CRE CLO market at a moment when rising interest rates have complicated refinancing for property owners and lenders. The Minneapolis-based...
Prophetic has expanded its land-acquisition software into multifamily development, launching tools that estimate how many apartments a parcel could support and map competing projects before construction begins. The Portland, Oregon, company introduced SiteAI...