The U.S. commercial mortgage-backed securities (CMBS) delinquency rate jumped 51 basis points (bps) to 4.41% in July, according to new data from Trepp. “While the rest of the U.S. economy has seen relief in terms of higher equity prices, better-than-expected corporate...
Capital Square, a sponsor of tax-advantaged real estate investments and developer of housing communities, has launched Capital Square Glendale BFR LLC with the goal of raising approximately $49 million in equity to develop a 320-unit, build-for-rent (BFR)...
A Canadian realtor found himself in hot water for drinking his client’s milk without permission. The British Columbia Financial Services Authority (BCFSA) enacted a C$20,000 fine against Michele (Mike) Rose for “conduct unbecoming a licensee” when he consumed milk...
Mortgage application activity slowed during the past week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measurement for mortgage loan application volume, dropped by 3% on both a seasonally adjusted...
Christie’s International Real Estate announced that Timothy Di Prizito and his team at the DPG Group will be leaving Coldwell Banker and joining the brokerage in their Beverly Hills, California-based office. Di Pritizio amassed over $450 million in sales in a...
