LPT Aperture Holdings (LPTA), the operating name of LPT Holdings Inc., announced that it confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its common...
A prominent film producer and financier has been arrested and indicted for allegedly defrauding clients of more than $100 million by soliciting them to invest in purported entertainment projects, only to redirect the money to fund unrelated real estate developments....
The multifamily developers AvalonBay Communities Inc. (NYSE: AVB) and Equity Residential (NYSE: EQR) announced that Vivmark Residential will be the new name of their merged company. In a press statement, the companies explained the name Vivmark derives from “viv, from...
Green Brick Partners, a Plano, Texas-based homebuilder, announced the promotion of President and Chief Operating Officer Jed Dolson to co-CEO, effective Oct. 15. Dolson joined Green Brick Partners in 2013 as the head of land acquisition and development. During his...
Mortgage rates rose for the fourth straight week to reach their highest level in a year, according to the Primary Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.66% as of July 30, up from last week when it averaged...
The median asking rent for Los Angeles County fell to $2,603 in the second quarter, down $91 or 3.4%, from one year earlier. This marked the lowest level since the end of 2021, according to data from Realtor.com. The median asking rent is 9.6% below its 2022 peak,...
Minneapolis Mayor Frey Proposes 11.3% Property Tax Hike
