Hits and Misses for the Real Estate Week of June 10-14
An update to the VA home loan program, the CFPB trying to help mortgage originators and Jack in the Box marching into Georgia. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 10-14. Hit: Score One for the VA. This week,...
Gindi Equities Acquires Multifamily Community in Fargo
Gindi Equities, a New York City-based investment manager that targets multifamily assets, has acquired Osgood Townsite Apartments community in Fargo, North Dakota, from Property Resources Group. The financial terms of the deal were not disclosed. The purchase marks...
Calvera Partners Acquires Multifamily Complex in Dallas
Calvera Partners, a San Francisco-based multifamily real estate investment firm, announced its acquisition of the 152-unit 27TwentySeven Apartment Homes in Dallas. This acquisition is Calvera’s second acquisition in the Dallas-Fort Worth metro area and the first...
Blaze Capital Partners Acquires Tampa-Area Apartment Community
Blaze Capital Partners, a Charleston, South Carolina-based rental housing investment management firm, has acquired Lector 85, a 254-unit apartment community located in the Tampa suburb of Ybor City, Florida. Lector 85 is a Class A mid-rise apartment community built in...
CMBS Delinquency Rate Drops Below 5%
The commercial mortgage-backed security (CMBS) delinquency rate declined by 10 basis points in May to 4.97%, according to data from Trepp Inc. “The decrease was primarily driven by some sizable resolutions in the office sector,” said Stephen Buschbom, research...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
