Massachusetts Gov. Maura Healey has issued an executive order to study allowing single stair construction in some residential buildings, with the goal of changing the state’s building code to increase housing production and lower costs. The state’s building code...
A California real estate investor pleaded guilty to wire fraud in connection with a $9 million fraud scheme. According to court documents, Matthew Campbell of Fresno operated two real estate investment companies, Preferred Property LLC and Ampez Rehab Investments LLC,...
The real estate investment firm FCP announced its $41 million acquisition of Cottages of Monroe, a 151-unit cottage-style apartment community in the Charlotte suburb of Monroe, North Carolina. Formerly known as Yardly Monroe, the property consists of one-story,...
ETHZilla Corporation (NASDAQ: ETHZ), a Palm Beach, Florida-based fintech focused on developing an Ethereum-based infrastructure for tokenized real-world assets, has acquired a portfolio of manufactured and modular home loans from Zippy Manufactured Home Credit Fund I...
The National Real Estate Investors Association (National REIA) announced the appointment of Anish Dave as president. In this role, Dave will lead the organization’s strategic direction, investor education initiatives, and national engagement efforts. National REIA...
The delinquency rate for commercial mortgage-backed securities (CMBS) increased from 7.30% in December to January by 17 basis points to 7.47%, according to new data from Trepp Inc. One year ago, the overall CMBS delinquency rate was 6.56%. “The increase was driven by...
