CrossCountry Mortgage LLC (CCM) has completed its previously announced acquisition of Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust. Going forward, Two Harbors will become a privately held subsidiary of CCM,...
Two new data reports have affirmed the continuation of year-over-year home price acceleration. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 1.5% annual gain in June, up from a 1.2% rise in the previous month. The 10-City Composite...
California Gov. Gavin Newsom and wife Jennifer Siebel Newsom have listed their Sacramento-area mansion for sale at $7.5 million. The New York Post reports the 12,000-square-foot Fair Oaks home is located on an eight-acre parcel in a gated community. The listing for...
A $350 million retail and residential district is being planned for The Bend, a master-planned, mixed-use riverfront development spanning more than 120 acres along the Tennessee River in downtown Chattanooga. A partnership of the developers Urban Story Ventures and...
One Marina Park Drive, a 494,938-square-foot Class A office tower in Boston’s Seaport District, has been sold for $435 million. The 18-story building was constructed in 2010 as the anchor commercial asset of The Fallon Company’s $4 billion Fan Pier...
The Real Brokerage completed its acquisition of RE/MAX Holdings on Monday, bringing Real’s technology-focused brokerage operation and the former RE/MAX Holdings businesses together under Real REMAX Group Inc. The transaction closed Aug. 24 following shareholder...