A trio of developers – Monadnock Development, CB Emmanuel Realty, and Equity Developers – announced the closing on $256 million in financing for the development of Utica Crescent, a mixed-use affordable housing project in the East Flatbush section of Brooklyn. The new...
An Austrian real estate company that owns a stake in New York City’s Chrysler Building may have to sell its holding in the iconic skyscraper as part of a bankruptcy restructuring. The Wall Street Journal reported an Austrian court-appointed insolvency administrator of...
Single-family home sales likely bottomed out during the fourth quarter this year and are expected to begin a slow but meaningful recovery in 2024, according to the latest commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR...
Peachtree Group, an Atlanta-based commercial real estate investment firm, has named Sameer Nair as senior vice president of equity asset management. In his new role, Nair will oversee and implement asset oversight to Peachtree’s real estate portfolio and preferred...
California’s existing home sales in November recorded their greatest monthly decline in the past year and plummeted to the lowest level since the Great Recession, according to new data from the California Association of Realtors (CAR). Closed escrow sales of existing,...
Keller Williams Acquires 1,200-Agent Jason Mitchell Group
