Terreno Realty Corporation (NYSE:TRNO) has acquired an industrial property in Redmond, Washington, for approximately $9.3 million. The 1.5-acre property consists of one industrial distribution building containing approximately 33,000 square feet with two dock-high and...
SmartRent Inc. (NYSE: SMRT), the Scottsdale, Arizona-headquartered provider of smart communities and smart operations solutions for the rental housing industry, announced the resignation of Shane Paladin as president, CEO and a director. Paladin was named to the...
The 30-year fixed-rate mortgage averaged 6.62% as of April 10, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.64%. “The average 30-year fixed-rate mortgage continues to...
A total of 93,953 residential properties carried foreclosure filings during the first quarter of this year, according to new data from ATTOM. This is up by 11% from the previous quarter but down 2% from one year ago. Nationwide one in every 1,515 housing units had a...
A Chicago real estate broker was sentenced to four years and two months in federal prison for defrauding four investors out of more than $3 million. Stanislav Sannikov, also known as Steve Sannikov, owned and operated Chestnut Realty Group. According to the charges...
