The Toronto-based proptech Requity Homes announced the closing of $26 million in equity and debt financing. Requity Homes offers Canadians a rent-to-own program that enables them to rent their residence while being able to save money the option to purchase at a...
UC Asset LP (OTCQB: UCASU), an Atlanta-based real estate investment firm, has filed with the U.S. Securities and Exchange Commission to launch a stock buyback program. In a Form 1-U filed by the company, the company stated, “On Jan. 10, 2024, the general partner of...
COPT Defense Properties (NYSE: CDP), a Columbia, Maryland-based self-managed real estate investment trust (REIT) focused on properties in locations near or containing U.S. government defense installations and missions, has announced the election of Robert L. Denton...
Trepp Inc. announced that its commercial mortgage-backed securities (CMBS) delinquency rate ended 2023 at 4.51%. December’s rate was a seven basis points decline for the month. At the end of 2022, the CMBS delinquency rate was 3.04%, a 147 basis points difference. For...
Pennington Partners & Co., a multifamily investment office that specializes in working with entrepreneurs, chief executives and their families, announced the launch of Pennington Real Estate Partners (PREP), a vertical that will make direct investments in U.S....
The real estate investment trust (REIT) sector is moving into a more positive environment in 2024, according to a forecast released by the National Association of Real Estate Investment Trusts (Nareit). While high interest rates impacted the commercial properties that...