The delinquency rate for commercial mortgage-backed securities (CMBS) tumbled by 20 basis points in June to 7.35%, according to new data from Trepp LLC. One year ago, the overall CMBS delinquency rate was 7.13% Trepp attributed the drop to the lodging sector, which...
A Long Island man was charged with grand larceny and scheme to defraud in a series of real estate investment scams that siphoned $100,000 from multiple victims. According to combined media reports, Arnulfo Castillo – who is also known as Alexander Castilllo Carias...
The real estate investment firm Kennedy Wilson has partnered with the Japanese firms Kenedix Inc. and Hulic Co., Ltd. to acquire Carraway, a 421-unit multifamily community in the New York City suburb of West Harrison, New York, for $237 million. The Westchester...
Federal Realty Investment Trust (NYSE:FRT), the North Bethesda, Maryland-based owner/operator and developer of retail-based properties, has hired Paige Pitcher for the newly created role of senior vice president of digital innovation. In her new job, Pitcher will...
National Multifamily Corp. announced the sale of a four-property, 164-unit multifamily portfolio in Bridgeport, Connecticut, for $17.3 million, or $105,488 per unit. The properties located encompass 43 studio apartments, 101 one-bedrooms, and 20 two-bedrooms totaling...
Investors were responsible for 11.3% of all home purchases during 2025, up from 11.0% in 2024, according to new data from Realtor.com. Approximately 534,000 homes were purchased by investors in 2025, a 0.7% year-over-year increase. On the flip side, investors sold...
