The homebuilder Lennar (NYSE:LEN) announced plans for four new communities in New Jersey. The master-planned communities debuting over the next few months include: The Grove, located in Whippany, will feature 60 two and three-story townhomes; The Signature Collection...
Single-family housing starts in August were at a rate of 992,000, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 15.8% above the revised July figure of 857,000. Privately-owned housing starts in August...
Creative Media & Community Trust Corporation (NASDAQ: CMCT), a real estate investment trust, announced the conversion of the top two floors of a three-story, approximately 143,000-square-foot Los Angeles office building into 68 luxury apartment residences. Located...
Janover Inc. (NASDAQ: JNVR), an artificial intelligence (AI)-enabled platform for commercial real estate transactions, has rolled out Groundbreaker’s Janover Engage, a marketplace designed to connect real estate syndicators with investors. Groundbreaker is a wholly...
California home sales hit a seven-month low in August, according to new data from the California Association of Realtors (CAR). Last month, the state recorded a seasonally adjusted annualized rate of 262,050 in closed escrow sales of existing, single-family detached...
Hits and Misses for the Real Estate Week of June 15-19
