Paramus, New Jersey-based Reynolds Asset Management has acquired two multifamily properties in Texarkana, Texas, for $23 million. The 360-unit acquisition is a joint venture with Jeff Juster’s Newport Capital Advisors LLC. The two companies plan to invest $3 million...
There’s money to be found in bathroom sinks, according to a new study by Technavio that forecasts the market for this product sector will increase by $2.14 billion from 2022 to 2027, at a CAGR of 4.3%. The sector’s growth is attributed to an increase in renovation...
The Los Angeles-headquartered real estate brokerage The Agency has opened new offices in the Caribbean, Canada and Oklahoma. The company launched The Agency Jamaica, is the firm’s first office in Jamaica. Industry veterans Matthew ‘Taff’ Stevenson,...
Fannie Mae (OTCQB: FNMA) has appointed Peter Akwaboah to become executive vice president and chief operating officer (COO), effective May 20. In his new role, Akwaboah will be responsible for Fannie Mae’s chief information office, enterprise operations, business...
Cox, Castle & Nicholson LLP, a Los Angeles-headquartered law firm specializing in U.S. real estate, has hired Jason Adams as a partner. Adams joins Cox Castle’s litigation team and will focus on handling construction disputes and insurance and risk management...
The Federation of American Scientists is calling for the creation of a “national housing loss rate” that would measure how many people who lose their homes involuntarily. In a blog posting on the organization’s website by Yuliya Panfil, a senior fellow and director of...
