New York City-based Haussmann Development announced it has closed on a $38.5 million construction loan for 827 Sterling Place in the Crown Heights section of Brooklyn. The $55 million, seven-story project will feature 76 rental housing units, including 23 affordable...
The global real estate crowdfunding market reached $11.5 billion in 2022 and is being forecast to reach $161.8 billion by 2030 with a compound annual growth rate (CAGR) of 45.9%, according to a new report from Vantage Market Research. The report noted residential real...
The Appraisal Institute of Canada (AIC) announced the appointment of Donna Dewar as its new CEO. Dewar begins her new job today and will officially assume the role of CEO on Nov. 1. Dewar brings more than 20 years of experience in the nonprofit sector and...
The level of affordable homeownership has declined to a depth not seen in more than three decades, according to the new Real House Price Index (RHPI) published by First American Financial Corp. (NYSE: FAF). According to First American, the RHPI measures the price...
Hawaiʻi Life, a residential real estate brokerage based in Kauai, Hawaii, announced the appointment of Kahea Zietz to the position of vice president and co-owner. In her new role, Zietz will oversee the firm’s wide-ranging rental services, which include both...
1st Century Bank, the Los Angeles-based division of the privately-owned MidFirst Bank, announced its expansion into the San Diego market. This endeavor is being led by Jason Shidler, who joins 1st Century Bank as senior vice president and senior managing director....
Hits and Misses for the Real Estate Week of June 29-July 3
