MFA Financial Inc. (NYSE: MFA), a specialty finance company that invests in residential mortgage loans, residential mortgage-backed securities and other real estate assets, has appointed Bryan Doran to the position of chief accounting officer. In his new role, Doran...
RealPage, a Richardson, Texas-based provider of AI-enabled software platforms to the real estate industry, has announced a strategic partnership with Habitat for Humanity International. Through its philanthropic program RealPage Cares, the company is committing to at...
Thrive Living has partnered with JPMorgan Chase (NYSE:JPM) on a new 376-unit affordable and workforce housing community on the site of a former industrial storage facility north of Downtown Los Angeles. A new six-story mixed-use apartment complex is now under...
The total volume of commercial/multifamily mortgage debt outstanding rose to $4.63 trillion at the end of the third quarter, according to new data from the Mortgage Bankers Association (MBA). This marked an 0.8% increase, or $37.1 billion, from the second quarter....
The median rent in Manhattan dropped year-over-year for the first time in 27 months, according to data from Douglas Elliman and Miller Samuel Real Estate Appraisers and Consultants. Last month, the median Manhattan rent was $4,000, down 4.6% from October and down 2.3%...
The 30-year fixed-rate mortgage dropped below the 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The product averaged 6.95% as of Dec. 14. Last week, was at 7.03%, and one year ago at this time it averaged 6.31%. The...
