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Report: Global Prefabricated Building Market to Reach $266.6 Billion by 2031

Report: Global Prefabricated Building Market to Reach $266.6 Billion by 2031

by Phil Hall | Oct 9, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The global prefabricated building market is predicted to grow from $190.7 billion this year to $266.6 billion by 2031, with a compounded average growth rate of 4.3%, according to a new forecast from Consegic Business Intelligence. “Factors such as government...
Financing Secured on First CMHC-Insured Modular Apartment Complex

Financing Secured on First CMHC-Insured Modular Apartment Complex

by Phil Hall | Oct 6, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Peakhill Capital and Z Modular announced the closing of a $26 million deal to finance the construction of the first Canadian modular apartment project that will be insured by the Canada Mortgage & Housing Corp. (CMHC). The project, known as Fuze Lucan, is located...
1,500 Days on the Market: The Little Tasmanian House Nobody Loves (Yet)

1,500 Days on the Market: The Little Tasmanian House Nobody Loves (Yet)

by Phil Hall | Oct 5, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Some houses sell almost immediately after hitting the market and others take a little while before attracting a buyer. And then there is the case of No.2/31 Chaffey St. in Gladstone, Tasmania, which just passed its 1,500th day on the market. According to a report in...
Arch Capital Group Names Seamus Fearon CEO of International Mortgage

Arch Capital Group Names Seamus Fearon CEO of International Mortgage

by Phil Hall | Oct 5, 2023 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Arch Capital Group Ltd. (NASDAQ: ACGL) has promoted Seamus Fearon to CEO of international mortgage for the Arch Global Mortgage Group. In this role, Fearon will have responsibility for managing Arch’s Australian and European mortgage operations as well as its...
Fintech PADS Financial Debuts Platform for Mortgage Origination and Servicing

Fintech PADS Financial Debuts Platform for Mortgage Origination and Servicing

by Phil Hall | Oct 5, 2023 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

PADS Financial, a Montreal-based Fintech startup, announced the launch of PADS, an online platform for first and second rank mortgage origination and servicing within Canada’s housing market. According to the company, the PADS online portal enables users to...
Guest Opinion: Achieving Housing Affordability in Canada

Guest Opinion: Achieving Housing Affordability in Canada

by Aled ab Iowerth | Oct 4, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada is known for its vibrant cities, breathtaking landscapes and diverse culture, making it a desirable place to call home. Unfortunately, parts of Canada are becoming more known for those homes being unaffordable. High housing costs have become obstacles for so...
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