Only 15.5% of homes for sale in 2023 were affordable for the typical U.S. household, according to new data from Redfin (NASDAQ:RDFN). This presents a drop from 20.7 in 2022 for a new record low; prior to the pandemic, more than 40% of homes were affordable. Redfin...
Talonvest Capital Inc., a self-storage and commercial real estate advisory firm headquartered in Irvine, California, issued a joint announcement with its client Castle Hill Investors LLC on the closing of a $25.2 million loan for the refinancing of two Class-A storage...
Montreal-headquartered BTB Real Estate Investment Trust (TSX: BTB.UN) announced that Mathieu Bolté will be stepping down from his roles as executive vice president, chief operating officer and chief financial officer on Feb. 23, 2024, to pursue another professional...
Toronto-headquartered Four Seasons Hotels and Resorts is teaming with Hong Kong’s Fungseng Prosperity Holdings Ltd. for the creation of new hotel in Shanghai. The 44-story Four Seasons Hotel Shanghai will offer 60 luxuriously appointed rooms and suites within the...
A super-tall apartment complex for Oklahoma City, bad news for California’s housing market and a historic lovers’ rendezvous for sale. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Dec. 18-22. Hit: Thinking Big....
Camber Property Group, a developer of affordable housing complexes in New York City, has announced updates on two of its ongoing projects. The company kicked off the first two phases of a $1 billion mixed-use 100% affordable development known as Stevenson Square in...
