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Redfin Debuts Sign & Save as Refund Program for Home Buyers

Redfin Debuts Sign & Save as Refund Program for Home Buyers

by Phil Hall | Feb 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Redfin (NASDAQ:RDFN) has introduced Sign & Save, which the Seattle brokerage described as “a new way for consumers to get a better deal in real estate.” According to the company, home buyers who sign up to work with a Redfin agent before the second home tour can...
Parcel That Was Once Al Capone’s Miami Home Listed for $23.9 Million

Parcel That Was Once Al Capone’s Miami Home Listed for $23.9 Million

by Phil Hall | Feb 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30,000-square-foot empty Florida parcel that was the last residence of gangster Al Capone has been listed for sale at $23.9 million. Capone bought the Spanish Colonial-style villa on the property in 1928 for $40,000 in 1928 and died there from heart failure in...
Dream Finders Homes Acquires Homebuilder Crescent Ventures

Dream Finders Homes Acquires Homebuilder Crescent Ventures

by Phil Hall | Feb 2, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Acquires San Jose Multifamily Community for Affordable Housing

Catalyst Impact Fund Acquires San Jose Multifamily Community for Affordable Housing

by Phil Hall | Feb 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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. Expands Into Michigan and Alabama

Tammac Holdings Corp. Expands Into Michigan and Alabama

by Phil Hall | Feb 2, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
CMBS Delinquency Rate Rises to 4.66%

CMBS Delinquency Rate Rises to 4.66%

by Phil Hall | Feb 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

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...
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