National asking rents in February posted their first increase in over seven months, according to the latest Yardi Matrix National Multifamily Report. The report found the average U.S. asking rent rose by $1 to $1,713 last month, a slight 0.6% year-over-year uptick....
Colonnade BridgePort, an Ottawa-headquartered real estate investment and management company, is now providing its services in Atlantic Canada via new offices in Dartmouth, Nova Scotia, and Fredericton, New Brunswick. The company is now managing a portfolio of over one...
The discount retailer Dollar Tree Inc. (NASDAQ: DLTR) announced plans to close 1,000 stores operating under the Dollar Tree and Family Dollar brands. The Chesapeake, Virginia-headquartered company reported its plans in a press release for its latest quarterly earnings...
A bipartisan effort is underway in the U.S. House of Representatives to expand the authority of the Committee on Foreign Investment in the United States (CFIUS) over real estate purchases by certain foreign entities deemed to pose national security threats. According...
A Cleveland real estate developer was sentenced to 18 months in prison for embezzling funds intended for a community development project. According to court documents and trial testimony, Arthur Fayne owned and managed Business Development Concepts LLC (BDC), through...
Mortgage application activity was up again in the latest data published by the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 7.1% on a seasonally adjusted basis for the week ended March...
Hits and Misses for the Real Estate Week of Aug. 10-14
