Existing home sales dipped by 0.7% in May to a seasonally adjusted annual rate of 4.11 million, according to new data from the National Association of Realtors (NAR). Sales were down 2.8% from the 4.23 million recorded in May 2023. As the sales level slipped, prices...
Cityview, a multifamily investment management and development firm, has acquired Tralee Village Apartments in the Bay Area city of Dublin, California. The financial terms of the deal were not disclosed. Built in 2011, Tralee Village Apartments encompasses two...
Montreal-headquartered Nesto has acquired CMLS Group, Canada’s third-largest mortgage finance company. The financial terms of the deal were not disclosed, although the companies stated the transaction was supported by investments from Diagram Ventures, Portage,...
SmartRent Inc. (NYSE: SMRT), a Scottsdale, Arizona-based provider of smart operations solutions for the rental housing industry, has appointed Frank Martell, president and CEO of loanDepot Inc. (NYSE: LDI), to its board of directors. Martell will serve on the board’s...
Atlanta Hawks icon and NBA Hall of Famer Dominique Wilkins was named as an investor and partner with Roots, an Atlanta-headquartered real estate fund. In his new role, Wilkins will share his likeness in videos and at curated gatherings to introduce Roots’ “Live...
Hits and Misses for the Real Estate Week of June 22-26
