Mortgage application activity for the last two weeks of 2023 was down, according to new data from the Mortgage Bankers Association (MBA) for the week ending Dec. 29. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 9.4% on a...
Pennington Partners & Co., a multifamily investment office that specializes in working with entrepreneurs, chief executives and their families, announced the launch of Pennington Real Estate Partners (PREP), a vertical that will make direct investments in U.S....
Middleburg Communities has closed on an approximately 30-acre land parcel located in Wilmington, North Carolina. The Vienna, Virginia-based company will use the parcel for the development of Hamlet Barclay West, a 280-unit build-to-rent (BTR) neighborhood development...
Friedman Real Estate, a Farmington Hills, Michigan-based commercial property firm, has acquired two of the seven office towers within Detroit’s Renaissance Center complex. According to a Detroit Free Press report, the company acquired the 21-story Towers 500 and 600...
Kaydoh, a San Jose-based provider of marketing tools for real estate professionals, announced a partnership with Kaplan, the real estate education school. Under the terms of the partnership, Kaydoh will provide Kaplan students with access to its entire suite of...