Hamilton Zanze, a San Francisco-based multifamily real estate investment firm, has sponsored the purchase of The Morris, a 19-story, 344-unit Class A apartment community in Nashville. The acquisition closed on Aug. 16 and the financial terms of the transaction were...
The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced a $1.5 million increase for its Community First Housing Counseling Resource Program (HCRP) for the current program year. FHLBank Chicago launched the HCRP in 2022 to provide grants to HUD-certified...
The Phoenix-headquartered investment real estate brokerage Aurumys has opened its seventh office in its seventh state in Kansas City, Missouri. According to the new company, the new office will cover the entire metro territory across the Missouri and Kansas state...
Square Financial Services, a Utah state-chartered industrial bank and an independently governed subsidiary of the fintech Block Inc. (NYSE: SQ), is now accepting applications for the 24 Squared grant initiative in partnership with the Community Foundation of Utah. The...
In the wake of Federal Reserve Chairman Jerome Powell’s announcement that the central bank was ready to begin cutting interest rates, Sen. Elizabeth Warren (D-MA) is demanding a 75-basis-point slash. In a speech on Friday, Powell declared, “The time has come for...
David M. Gillece, a Baltimore-area real estate professional who achieved leadership positions in city development before becoming president of Colliers Pinkard, passed away on Aug. 17 at the age of 74 from Parkinson’s disease. According to a Baltimore Sun obituary,...