Total originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased 7.2% year-over-year during 2024 while total HELOC and home equity loan debt outstanding grew 10.3%, according to the Mortgage Bankers Association’s (MBA)...
Turnbridge Equities, a New York City-based real estate investment company, has begun site demolition and will soon break ground on Highline Glenwood, a 37-story, 306-unit luxury residential tower in Downtown Raleigh, North Carolina. When completed, Highline Glenwood...
Landingplace Hotels, the Bluffton, South Carolina-headquartered hotel franchisor, has launched two midscale, conversion-focused brands. The Landingplace Suites brand is designed to bridge the gap between extended-stay hotels and furnished apartments, offering flexible...
International buyers purchased 49% of new South Florida construction, pre-construction and condo conversion sales over an 18-month period ending in June, according to a data report released by Miami Realtors. Roughly 86% of the global sales of South Florida new...
Sen. Elizabeth Warren (D-MA) is leading a group of progressive lawmakers in questioning a Federal Housing Finance Agency (FHFA) directive to the government-sponsored enterprises (GSEs) to count cryptocurrency as an asset for a mortgage. In a letter to FHFA Director...
