Ridgmar Mall, a 50-year-old retail center in Fort Worth, Texas, is being redeveloped into a six‑building, 930,960‑square‑foot logistics hub. CBS News reports that Ramrock Real Estate purchased the property for an undisclosed sum and is partnering with KBC Advisors and...
The multifamily housing developer Wood Partners and Marcus Partners, a real estate investment, management and development firm, have broken ground on a 280-unit multifamily community located in Apex, North Carolina, a suburb of Raleigh. The upcoming Altera Heights...
Elysium Investments Inc. announced that it has secured approval from the Toronto City Council to proceed with a 36-story rental housing development in Toronto’s Bayview-Eglinton neighborhood. The development will provide 339 rental homes, including 83...
Commercial and multifamily mortgage loan originations during the second quarter were up by 12% from the prior quarter and up 16% from one year earlier, according to data from the Mortgage Bankers Association (MBA). The lending volumes were fueled by a rise in...
Mortgage rates continued rising for the fifth straight week to a level not seen in over a year, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.69% as of Aug. 6, up from last week when...
