Poland was the site of Europe’s biggest office property transaction of the year occurred with the $295 million sale of the Warsaw Unit skyscraper. The 46-story office tower was completed in 2021 and encompasses 635,070 square feet of office space. The property is...
Mortgage rates remained flat ahead of the Thanksgiving holiday weekend, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.81% as of Nov. 27, down from last week when it averaged 6.84%. A...
Lake Forest, Illinois-based Diamond Residential Mortgage Corp. (DRMC) has promoted Diana Whitmire to chief operations officer. Whitmire has been with DRMC since its inception in 2009 and has served as senior vice president of compliance and quality control since 2021....
Pending home sales during October marked the third consecutive month of upward movement, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s indicator of home sales based on contract signings, rose by 2.0%...
Mortgage applications were on the rise in new data from the Mortgage Bankers Association (MBA) covering the week ending Nov. 22. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 6.3% on a seasonally adjusted basis from one...
Sterling Organization, a private equity real estate investment firm focused on retail property assets, announced the $70 million sale of Windsor Square in the Charlotte suburb of Matthews, North Carolina. The 661,156-square-foot retail center was completed in 1987 and...
