The Jacksonville, Florida-based homebuilder Dream Finders Homes Inc. (NYSE: DFH) has acquired the core homebuilding assets of privately held homebuilder, Crescent Ventures LLC. The financial terms of the deal were not disclosed, although the companies noted the...
Catalyst Impact Fund, Inc. (CIF), a California-based nonprofit housing investor, has acquired 787 The Alameda, a 168-unit multifamily community in San Jose. The financial terms of the deal were not disclosed. CIF stated future leasing at the 2018-built property will...
Tammac Holdings Corp., a Wayne, Pennsylvania-based provider of financial solutions in the manufactured housing industry, has received license approval to offer manufactured and mobile home loans in the states of Michigan and Alabama. “Tammac is excited to extend our...
The commercial mortgage-backed securities (CMBS) delinquency rate recorded a 15-basis-point uptick to 4.66% in January, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate was up by 172 basis points from 2.94%. The percentage of loans...
The cryptocurrency company Unicoin Inc. is claiming the “largest-ever cryptocurrency real estate deal” involving land holdings in the Bahamas. According to the Miami-based company, the transaction covered two deals for the acquisition of beneficial ownership interests...
Lincoln Avenue Communities (LAC) has acquired Tivoli Place, a senior housing complex in New Orleans, and announced plans for an extensive rehabilitation of the property. The company – which is headquartered in Santa Monica, California, and focuses on owning,...
Hits and Misses for the Real Estate Week of June 22-26
