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Tammac Holdings Corp. Expands Into Michigan and Alabama

Tammac Holdings Corp. Expands Into Michigan and Alabama

by Phil Hall | Feb 2, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Tammac Holdings Corp., a Wayne, Pennsylvania-based provider of financial solutions in the manufactured housing industry, has received license approval to offer manufactured and mobile home loans in the states of Michigan and Alabama. “Tammac is excited to extend our...
CMBS Delinquency Rate Rises to 4.66%

CMBS Delinquency Rate Rises to 4.66%

by Phil Hall | Feb 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The commercial mortgage-backed securities (CMBS) delinquency rate recorded a 15-basis-point uptick to 4.66% in January, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate was up by 172 basis points from 2.94%. The percentage of loans...
Unicoin Announces ‘Largest-Ever Cryptocurrency Real Estate Deal’ in Bahamas

Unicoin Announces ‘Largest-Ever Cryptocurrency Real Estate Deal’ in Bahamas

by Phil Hall | Feb 1, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The cryptocurrency company Unicoin Inc. is claiming the “largest-ever cryptocurrency real estate deal” involving land holdings in the Bahamas. According to the Miami-based company, the transaction covered two deals for the acquisition of beneficial ownership interests...
Lincoln Avenue Communities to Rehabilitate Historic New Orleans Senior Housing Building

Lincoln Avenue Communities to Rehabilitate Historic New Orleans Senior Housing Building

by Phil Hall | Feb 1, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Lincoln Avenue Communities (LAC) has acquired Tivoli Place, a senior housing complex in New Orleans, and announced plans for an extensive rehabilitation of the property. The company – which is headquartered in Santa Monica, California, and focuses on owning,...
Green Street Releases ‘2024 Sector Outlooks’ for Commercial Real Estate

Green Street Releases ‘2024 Sector Outlooks’ for Commercial Real Estate

by Phil Hall | Feb 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Green Street, the provider of commercial real estate intelligence and analytics, has released its “2024 Sector Outlooks,” a series of forward-looking research reports highlighting operating fundamentals and valuations of commercial real estate. According to the...
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