Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused REIT and CrossCountry Mortgage LLC (CCM), have amended their merger agreement to increase the per-share all cash consideration payable to Two Harbors stockholders to $12.00 per share from...
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX:CAR.UN), has announced President and CEO Mark Kenney will retire on July 2. Kenney served in the leadership roles since November 2018; he was previously chief operating officer. He will also...
VendorAbuse.com, an artificial intelligence (AI)-powered consumer complaint platform, has launched its Florida HOA Watchlist and published a report on Florida House Bill 1203’s impact on the state’s homeowners associations. Florida House Bill 1203, which became law on...
The Department of Housing and Urban Development (HUD) has updated the environmental review requirements for multifamily housing development and lending. The updates, which were issued earlier this week through the Federal Housing Administration (FHA) via a Mortgagee...
Elysium Investments, in partnership with European fund manager 1 Asset Management, has acquired a development site in downtown Toronto and submitted an application for a purpose-built student housing project under its Yarra Student Living platform. The proposed King...
Hits and Misses for the Real Estate Week of May 4-8
