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Mortgage Application Activity Ended 2023 in Decline

Mortgage Application Activity Ended 2023 in Decline

by Phil Hall | Jan 3, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Debuts Real Estate Investment Vertical

Pennington Partners Debuts Real Estate Investment Vertical

by Phil Hall | Jan 3, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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 to Develop BTR Community in North Carolina

Middleburg Communities to Develop BTR Community in North Carolina

by Phil Hall | Jan 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Two Towers in Detroit’s Renaissance Center are Sold

Two Towers in Detroit’s Renaissance Center are Sold

by Phil Hall | Jan 3, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

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 in Partnership with Kaplan Real Estate School

Kaydoh in Partnership with Kaplan Real Estate School

by Phil Hall | Jan 3, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

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...
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