The national median asking monthly rent across the nation’s 50 largest metro areas in April was $1,673, down $29 or 1.7%, year-over-year. This marked the 33rd consecutive month of annual declines for 0-2 bedroom properties. According to data from Realtor.com, the...
Two Harbors Investment Corp. (NYSE: TWO), the mortgage servicing rights-focused real estate investment trust, has rejected the latest attempt by UWM Holdings Corp. (NYSE: UWMC) to secure a merger, calling the company’s new offer of $12.50 per share an “illusory,...
Mortgage application activity was on the rise last week while mortgage credit availability was in decline last month, according to two new data reports from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan...
Brookfield Residential Properties, the North American residential property company of Brookfield Corporation (NYSE: BN; TSX: BN), has launched the Healthier Homes initiatives that will introduce a suite of health-focused features in its new construction within the...
Douglas Elliman Realty LLC has expanded its Elliman Capital mortgage platform to the California market. The company launched the platform last July in Florida and brought it to New York in January. It is designed to support non-traditional borrowers such as...
Hyatt Hotels Corp. (NYSE: H) has promoted Adam Rohman to head of Americas, effective July 1. Rohman currently serves as senior vice president, investor relations, global financial planning and analysis, and treasurer. In his new role, he will oversee operations across...
Hits and Misses for the Real Estate Week of June 22-26
