Ownify, the San Francisco-based fractional homeownership platform, has launched a new fund in Colorado that will co-invest in single-family starter homes alongside qualified first-time homebuyers. The Ownify Home Fund Colorado will allow qualified first-time buyers to...
The real estate firm ECI Group has teamed with ApexOne Investment Partners in a joint venture to form ApexOne-ECI Multifamily Fund VI LP, which will focus on the acquisition, redevelopment and managing of multifamily assets across the Sunbelt, Midwest, and Mountain...
Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust, is rejected a renewed effort by UWM Holdings Corporation (NYSE: UWMC) to revive its canceled merger plans. In March, Two Harbors announced a merger agreement...
The delinquency rate for commercial mortgage-backed securities (CMBS) dipped by one basis point to 7.54% in April, according to data from Trepp Inc. One year ago, the rate was 7.03%. The five largest newly delinquent loans accounted for just over $1.26 billion of the...
The owners of a Portland real estate investment firm received prison sentences for coordinating a $17 million multi-year fraud scheme. According to court documents, Robert D. Christensen and Anthony M. Matric told individual investors that they would use their...
Scottsdale, Arizona-based HomeLight, a platform for real estate agents, lenders, and their clients, has rolled out EVA, an AI-powered escrow agent designed to automate the majority of tasks required to close a real estate transaction. According to the company, EVA...
Florida’s Closed and Pending Home Sales Increased in May
