The government-sponsored enterprises Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) announced the launch of US Financial Technology LLC (US Fin Tech) as the successor to their joint venture Common Securitization Solutions (CSS). CSS was established in 2014 to...
A fund managed by the real estate investment firm Kennedy Wilson (NYSE: KW) announced a pair of acquisitions – one for Tides on Commerce, a 336-unit apartment community in North Las Vegas, Nevada, and the other for Finisterra, a 356-unit apartment community in Tempe,...
Arlington, Virginia-based Blackfin Real Estate Investors LLC has acquired Sage Creek Apartments, a 120-unit garden-style community in Augusta, Georgia, for $17.3 million. Sage Creek Apartments was built in 2016 and encompasses one- and two-bedroom apartments ranging...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has opened the door to enable the use of cryptocurrency in the mortgage market. Posting on his X account, Pulte announced, “After significant studying, and in keeping with President Trump’s vision to make the...
A joint venture seeking to bring casino gambling into the heart of New York City has partnered with an unlikely figure – civil rights activist and TV personality Rev. Al Sharpton – on a new effort to encourage low-income households to invest in this endeavor. Caesars...
Apex Commercial Exchange (ACE) has launched its new platform for commercial real estate auctions. According to the New York City-based ACE, the new platform enables brokers and owners to build fully customized asset pages, securely host diligence materials, generate...
