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SDS Capital Group Launches $1 Billion Fund Aimed at Affordable Housing Creation

SDS Capital Group Launches $1 Billion Fund Aimed at Affordable Housing Creation

by Phil Hall | Mar 21, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Los Angeles-based impact fund manager SDS Capital Group has rolled out SDS Impact Debt (SDSID), a capital platform designed to provide below-market permanent and construction financing for the preservation and development of affordable housing. According to the...
Multiply Mortgage Raises $23.5 Million in Series A Funding

Multiply Mortgage Raises $23.5 Million in Series A Funding

by Phil Hall | Mar 21, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The Denver-based fintech Multiply Mortgage announced it has raised a $23.5 million Series A funding round led by Kleiner Perkins. According to the company A*, Box Group, Mischief, and Workshop also participated in the funding round, bringing the company’s total...
FHLBank Atlanta to Provide $50 Million for Affordable Housing Grants

FHLBank Atlanta to Provide $50 Million for Affordable Housing Grants

by Phil Hall | Mar 21, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is allocating $50 million through its 2025 Affordable Housing Program (AHP) General Fund. Developers and housing organizations partner with a FHLBank Atlanta member financial institution to apply for grant...
New York State’s Housing Inventory at Record-Setting Low

New York State’s Housing Inventory at Record-Setting Low

by Phil Hall | Mar 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State set a new housing record in February with inventory reaching a record-breaking nadir while home prices climbed for the 19th consecutive month. According to data from New York State Association of Realtors, the statewide housing inventory plummeted to...
Florida Home Sales Down Despite Rising Inventory Levels

Florida Home Sales Down Despite Rising Inventory Levels

by Phil Hall | Mar 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded a total of 17,698 closed sales of single-family homes in February, down 7% from one year earlier, while existing condo-townhouse sales totaled 6,503, down 13% year-over-year. According to data from Florida Realtors, the decline in sales was seesawed...
Wisconsin Home Sales Up 7%, Median Home Price Up 11%

Wisconsin Home Sales Up 7%, Median Home Price Up 11%

by Phil Hall | Mar 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wisconsin recorded 3,707 home sales in February, a 7% increase from the 3,463 transactions from one year earlier. According to the Wisconsin Realtors Association, year-to-date sales were up by 4.4% compared to the first two months of 2024. During February, Wisconsin’s...
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