The Federal Home Loan Bank of Des Moines (FHLB Des Moines) has promoted Wil W. Osborn to president and CEO, effective Oct. 1. Osborn will succeed Kristina K. Williams, who announced in January her intention to retire after leading the bank since January 2020. Osborn...
A total of 5,057 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in August, a 2.1% decline from one year earlier. New listings entered into the MLS System amounted to 12,075, a 14.1% drop from one year before. On a...
We spend a lot of time in mortgage lending talking about income. How much does the borrower earn? What is the debt-to-income ratio? How much of a monthly payment can the household reasonably carry? What happens to purchasing power when the mortgage rate moves another...
Apartment rents remained mostly flat during August, with the national average dipping by a scant -0.03% to $1,751 from July’s upwardly revised level of $1,752. According to data from Apartments.com, an online marketplace of CoStar Group Inc. (NASDAQ: CSGP), this...
American Healthcare REIT Inc. (NYSE: AHR) has hired Aric Chang to become its next chief financial officer (CFO), effective Oct. 1. Chang succeeds Brian Peay, who is retiring on Sept. 30 after 10 years as CFO. Chang joins the Irvine, California-based real estate...
Minto Communities USA and Margaritaville Holdings announced the expansion of the Latitude Margaritaville active adult community concept into Texas. The new 1,318-acre community will be based in Texas City along Galveston Bay and will feature approximately 3,500...
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
