The mortgage lender Lower announced its acquisition of the real estate portal Movoto for an undisclosed sum. The Austin-based Movoto bills itself as the largest privately-owned residential real estate search website. The company was part of the Ojo Labs family of...
Home sales in Indiana during April were up by 12% from March 6,924 and were a mere 12 closings below the level set one year ago, according to new data from the Indiana Association of Realtors (IAR), while new pending sales (7,937) finished 5% ahead of last year’s...
The fast casual restaurant chain Shake Shack (NYSE: SHAK) is expanding into Central America through a partnership with Grupo Attie-Multifood Enterprises. The company announced it will enter this region with 12 eateries to open across Panama over the next 10 years,...
Montreal-headquartered PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has acquired a six-asset portfolio of Winnipeg industrial properties for $96.5 million from Parkit Enterprise Inc. (TSX.V: PKT). The portfolio encompasses 678,177 square feet of gross...
The Rust Belt and the South dominate the list of the 10 least expensive metros for buying a home, according to a new data report from Redfin (NASDAQ: RDFN). In a survey of the nation’s 91 most populous metro areas during March, Detroit topped the list with the lowest...
CMBS Delinquency Rate Dips by Single Basis Point
