Ahead of tomorrow’s presidential debate, the Biden administration is announcing $85 million in grant funding for the Pathways to Removing Obstacles to Housing (PRO Housing) program, which is designed to lower housing costs and remove barriers to affordable housing...
The efforts by the Chicago Bears to build a new stadium with the help of public funding has received a thumbs down in a new poll of Illinois voters, but the team is reportedly shifting gears to pursue a stadium in a Chicago suburb. A new survey commissioned by Crain’s...
Mortgage application activity enjoyed a slight uptick for the week ending June 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by 0.8% on a seasonally...
The New York City-based private-equity firm KKR (NYSE: KKR) has acquired a portfolio of 18 multifamily properties across multiple states for $2.1 billion. The Wall Street Journal reported the acquisition encompasses more than 5,200 apartment units in newly built mid-...
The Florida Realtors Education Foundation Inc. is awarding $242,500 in scholarships to help pay for higher education expenses for 179 young people in the 2024-2025 school year. The foundation, a not-for-profit corporation founded by the state realtor association, said...
Hits and Misses for the Real Estate Week of June 22-26
