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Habitat for Humanity to Create $82.5 Million Property Acquisition Fund

Habitat for Humanity to Create $82.5 Million Property Acquisition Fund

by Phil Hall | Mar 6, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Habitat for Humanity International’s community development financial institution, Habitat Capital, announced a new partnership to establish an $82.5 million property acquisition fund to boost US affordable housing production by an estimated 1,000 homes. The new...
W. Jeffrey Beckham Named Chief Investment Officer at Buckingham

W. Jeffrey Beckham Named Chief Investment Officer at Buckingham

by Phil Hall | Mar 6, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Buckingham, an Indianapolis-headquartered real estate investment firm, has hired W. Jeffrey Beckham as chief investment officer. In his new role, Beckham will oversee investment strategy, portfolio management, and capital. Beckham previously served as head of...
Q4 Investor Homebuying Activity at 8-Year Low

Q4 Investor Homebuying Activity at 8-Year Low

by Phil Hall | Mar 5, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investors purchased 47,004 homes in the fourth quarter, according to new data from Redfin (NASDAQ: RDFN). This was a 3.9% year-over-year drop – the biggest decline in a year – and marked the lowest level for that time of year since 2016. Real estate...
FCP Acquires 400-Unit Florida Multifamily Community

FCP Acquires 400-Unit Florida Multifamily Community

by Phil Hall | Mar 5, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment firm FCP has acquired Arium Sunrise, a 400-unit multifamily community in Sunrise, Florida. Built in 1998, the property has a 94% occupancy rate and offers an array of amenities including a swimming pool, clubhouse, and fitness center. FCP...
CMBS Delinquency Rate Down for Second Straight Month

CMBS Delinquency Rate Down for Second Straight Month

by Phil Hall | Mar 3, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The delinquency rate for commercial mortgage-backed securities (CMBS) dropped for the second consecutive month after six months of increases, according to data from Trepp Inc. February’s overall delinquency rate decreased 26 basis points to 6.30%. One year ago, the...
Private Equity Firm Takes Ownership Stake in Keller Williams

Private Equity Firm Takes Ownership Stake in Keller Williams

by Phil Hall | Mar 3, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Keller Williams announced the Greenwich, Connecticut-based private equity firm Stone Point Capital, the parent company of CoreLogic, will take an ownership stake in the Austin-based company. As part of this transaction, Keller Williams CEO Mark Willis will step down...
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