Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding reached $2.74 trillion as of April. The April issuance encompassed $42.2 billion in total MBS, resulting in a net portfolio growth of $10.6 billion. This included $40.7 billion in...
This edition of Tech Trends features the state of the tenant billing software submarket, new tools focused on real estate investing and risk analysis, and real estate tech companies joining the NAR REACH program. A Growing Software Sector. The US tenant billing...
Starwood Real Estate Income Trust Inc. (SREIT), a non-listed REIT managed by Starwood Capital Group, has hired Nora Creedon as its new CEO, effective July 28. She will succeed Sean Harris who is stepping down to pursue other opportunities. Creedon joins SREIT after 18...
Tampa-headquartered Patel Real Estate Holdings announced the launch of an $100 million institutional fund on the Chintai blockchain platform. The Patel Real Estate Holdings Institutional Fund 2025 targets newer-vintage Class A multifamily properties in high-growth,...
A real estate developer pleaded guilty to defrauding investors out of more than $13 million with scams involving fraudulent projects in Latin America. Barry Breeman, 75, of Tuxedo Park, New York, solicited investments in various real estate projects through false and...
The memecoin Purple Pepe (PURPE) has gained its first acceptance as the payment format on a real estate transaction. Missouri-based real estate developer Daniel Westermier is now accepting PURPE as payment for a commercial property in Sedalia, Missouri. According to...
