The commercial mortgage-backed securities (CMBS) delinquency rate returned above the 5% mark in June, according to new data from Trepp LLC. The delinquency rate increased 38 basis points to 5.35% last month, which marked the fourth upswing in the CMBS delinquency rate...
High-profile real estate investor Grant Cardone has listed a residential luxury property in Golden Beach, Florida, on the Propy blockchain-based real estate platform with an asking price of $42 million – and buyers will be able to use Bitcoin for their purchase. The...
Home prices posted a 4.9% year-over-year gain in May, according to new data from CoreLogic. While this was the lowest rate of appreciation since last October, it also represented the 148th consecutive month of annual growth. On a monthly basis, gains were up by 0.6%....
The Denver Metro Association of Realtors (DMAR) and South Metro Denver Realtor Association (SMDRA) have fired the board of directors of REcolorado, the multiple listing service (MLS) owned by the groups. REColorado is used for more than three-quarters of Colorado’s...
A nonprofit group sponsored by the California Association of Realtors (CAR) announced it was suing the City of Beverly Hills for rejecting an application to build a 165-unit mixed-used development. The project’s proposed location is a vacant lot in an area...
Hits and Misses for the Real Estate Week of June 22-26
