Hits and Misses for the Real Estate Week of Oct. 28-Nov. 1
A pushback against offshore wind turbines, an indefinite delay on an important decision and a landmark law turns 50. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 28 to Nov. 1. Hit: The Answer is Blowin’ in the...
CMBS Delinquency Rate Rises to Nearly 6%
The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 28 basis points to 5.98% in October, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 135 basis points from 4.63% in October 2023. Last month’s...
New Fund Focuses on BTR Communities in Opportunity Zones
Pinnacle Partners and Trilogy Investment Company have teamed on the creation of a new Build-to-Rent (BTR) Opportunity Zone Fund to capitalize three shovel-ready BTR communities in Decatur, Georgia, Augusta, Georgia, and Huntsville, Alabama. The new communities will...
Texas Woman Sentenced for Defrauding Real Estate Investors
A federal judge rejected a Texas businesswoman’s last-minute attempt to take back her guilty plea to charges that she defrauded investors in a phony real estate scheme and sentenced her to 87 months in prison. Samantha L. Mueting of San Antonio targeted investors with...
Real Brokerage Debuts Investor Q&A Portal Ahead of Q3 Results Call
The Real Brokerage Inc. (NASDAQ: REAX) has opened a shareholder Q&A platform for use on the company’s upcoming conference call to discuss its third quarter financial results. Real Brokerage will hold the call at 8:30 a.m. ET on Nov. 7. With the new platform,...
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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/
