Mortgage application activity ended August on the rise, according to data from the Mortgage Bankers Association (MBA) covering the week ending Aug. 30. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.6% on a seasonally...
New York City-based Global Net Lease Inc. (NYSE: GNL), a real estate investment trust focused on income producing net lease assets, continued its strategic disposition plan with the sales of The Plant Shopping Center in San Jose, California, for $95 million and the...
A historic Newport mansion built during the Gilded Age has become the most expensive Rhode Island residence to sell this year. The Newport Daily News reported the sale of The Orchard for $10.8 million. Built in 1873 and located on a 4.75-acre property along Newport’s...
The delinquency rate for commercial mortgage-backed securities (CMBS) inched up by one basis point in August to reach a level of 5.44%, according to new data from Trepp Inc. But unlike in many previous months when the office sector was responsible for driving up the...
Finland’s Defense Ministry is seeking to ban real estate purchases within the nation by Russian nationals and companies. According to a press statement, a working group appointed by Minister of Defense Antti Häkkänen created a report on the issue, which will be...
Hits and Misses for the Real Estate Week of June 15-19
