CBRE Group Inc. (NYSE:CBRE) announced the appointment of Guy A. Metcalfe to its board of directors. Metcalfe was a managing director and member of Morgan Stanley’s investment banking executive committee. He led the company’s real estate investment banking business for...
The automaker Mercedes-Benz has teamed with the real estate firm JDS Development Group to unveil Mercedes-Benz Places, a 67-story mixed-use residential project in Miami. According to the companies, the new development spans over 2.5 million square feet and is one of...
The U.S. Department of Housing and Urban Development (HUD) has awarded nearly $4 million in to 11 entities for research regarding office property-to-residential conversions. The Offsite Construction and Land Use Reform Notice of Funding Opportunity (NOFO) divided $3...
CGI Merchant Group, the Miami-based investor that acquired the lease of The Trump International Hotel in Washington, D.C., in 2022 for $375 million, has defaulted on a $285 million loan related to the property. According to a Wall Street Journal report sourced from...
Toronto-based Pineapple Financial Inc. (NYSE American: PAPL) has unveiled Maui – My Artificial User Intelligence – which is being promoted as the first custom artificial intelligence (AI)-generated websites for Canadian mortgage brokers. According to the company, Maui...
There’s money to be found in bathroom sinks, according to a new study by Technavio that forecasts the market for this product sector will increase by $2.14 billion from 2022 to 2027, at a CAGR of 4.3%. The sector’s growth is attributed to an increase in renovation...
HUD Updates 14 FHA Policies in Move to Improve Affordability
