Two prominent Dubai-based developers have announced plans to expand into the US market. Dar Global, a luxury real estate developer, released a statement announcing that it was “gearing up for US expansion, with plans to invest in key international cities. The company...
8th Regiment Partners, a joint venture of Maddd Equities and Joy Construction, was selected to redevelop and operate the Kingsbridge Armory, a 570,000-square-foot historic site in the Bronx, New York, and one of the largest armory buildings in the world. According to...
Fewer mortgage applications were being processed for the week ending Jan. 3, according to data from the Mortgage Bankers Association (MBA); the week’s results included an adjustment for the New Year’s holiday. The Market Composite Index, the MBA’s measure of mortgage...
The Real Brokerage Inc. (NASDAQ: REAX) announced Harvest Realty, an independent brokerage serving Southern California, has joined its network. Founded by Chinese immigrants Christine Li and John Zhang in 2014, Harvest Realty brings 550 agents who specialize in serving...
The multifamily investment management firm S2 Capital acquired a distressed multifamily portfolio consisting of five properties facing foreclosure in Dallas, Nashville, and Knoxville, Tennessee, encompassing 1,768 units. S2 invested $60 million of rescue capital in a...
The University of California, Los Angeles (UCLA) has created a master of real estate development program (MRED). According to the school, the new one-year UCLA Luskin MRED will be housed in the Luskin School of Public Affairs’ urban planning department and will...
Builders Grow Slightly More Confident in Housing Market
