Commercial real estate contributed $2.5 trillion to U.S. gross domestic product (GDP) during 2023, according to the newly released Economic Impacts of Commercial Real Estate research study by the NAIOP Research Foundation. The study determined that the combined...
Harbor Group International LLC, an international real estate investment and management firm, announced the $132.5 million acquisition of a two-asset multifamily portfolio in Colorado. The portfolio consists of two new Class A properties: Ladora Modern, a 196-unit...
The U.S. Department of the Treasury issued a report that recommends a new rule that would require real estate professionals to identify potential money laundering schemes in the residential real estate markets. The “National Money Laundering Risk Assessment” report...
Mortgage applications were on the rise last week a new survey finds most Americans are predicting a decline in mortgage rates this year. The Mortgage Bankers Association’s (MBA) Market Composite Index was up by 3.7% on a seasonally adjusted basis from one week earlier...
OpenHouse.ai, a Calgary-based start-up that uses artificial intelligence (AI) to deliver real solutions to real problems in the home building industry, has closed on a $1.5 million seed funding round led by Trico Ventures Corp. with participation from home builders in...
Baltimore-headquartered First Home Mortgage Corp. has debuted its First Home ONE Program, which is designed to enable qualified buyers to purchase a home with 3% equity but only 1% down payment. Under this program, the buyer contributes 1% and First Home Mortgage...
FBI Adds Fugitive Real Estate Fraudster to Most Wanted List
