The Federal Home Loan Bank of Chicago (FHLBank Chicago) is now accepting applications for the 2024 Affordable Housing Program (AHP) General Fund. This year’s AHP General Fund’s available subsidy per-project has doubled from $1 million to $2 million. The FHLBank...
Provo, Utah-headquartered Capital Community Bank (CCBank) has acquired Security Home Mortgage (SHM), based in Orem, Utah. The financial terms of the deal were not disclosed. SMH was founded in 1999 and will become an independently operated subsidiary division of...
Tibor Hollo, a Holocaust survivor who became one of the most prominent and influential real estate developers in Miami, passed away at the age of 96. Hollo was born to a Jewish family in Budapest, Hungary, on July 13, 1927. His family moved to Paris in 1933. In 1941,...
Dallas-headquartered Steward Health Care System, the nation’s largest physician-owned hospital operator, has filed for Chapter 11 protection. Steward operates 33 community hospitals in nine states and has more than 30,000 employees. The company has been dealing with...
The National Association of Realtors (NAR) updated when the policy changes of its Sitzer/Burnett settlement agreement will go into effect. Originally slated for July, the policies will now go into effect on Aug. 17. These changes will prevent listing brokers from...
A landlord facing multiple indictments, a pair of new lawsuits and a boffo sale of a game show host’s estate. From the wild and wooly world of real estate, here are our hits and misses for the real estate week of April 29-May 3. Miss: The Landlord from Hell. A New...
