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...
Sotheby’s International Realty announced the opening of Anguilla Sotheby’s International Realty, the company’s 31st office in the Caribbean. Anguilla Sotheby’s International Realty, based on the West End, will serve the entire island and is owned by...
Rebecca Malmquist has assumed the office of 2024 President of the International Association of Assessing Officers (IAAO). In her new role, Malmquist will serve as chairwoman of the IAOO’s board of directors and will preside over all meetings of the board and...
Mortgage application activity for the last two weeks of 2023 was down, according to new data from the Mortgage Bankers Association (MBA) for the week ending Dec. 29. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 9.4% on a...
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....
Middleburg Communities has closed on an approximately 30-acre land parcel located in Wilmington, North Carolina. The Vienna, Virginia-based company will use the parcel for the development of Hamlet Barclay West, a 280-unit build-to-rent (BTR) neighborhood development...
New Data Reports Find Mixed Results in April Home Price Activity
