July represented the third consecutive month of year-over-year declines in rental housing prices, according to data from Realtor.com. While the median asking rent in the 50 largest metros increased $15 to $1,759 from June to July, it nonetheless remains down $18 from...
The State of Hawaii has alleged that Reverse Mortgage Funding (RMF) is delinquent for years of unpaid taxes. According to a report in Reverse Mortgage Daily (RMD), the State of Hawaii’s Department of Taxation has appointed a delinquent tax collection assistant to...
Aviva Canada, the Toronto-headquartered property and casualty insurance group, has invested in OneClose Inc., a fintech that helps the owners of newly constructed Canadian condominiums save thousands of dollars in interim fees. Consumers who buy a newly built condo in...
Fortress Investment Group, a New York City-headquartered global investment manager, has acquired approximately $1 billion in commercial real estate loans from Capital One Financial Corp. (NYSE:COF). The transaction was first reported by Commercial Observer – the...
Grosvenor Group Ltd., a London-headquartered international property owner and developer, has donated $250,000 to the Hartford, Connecticut-based Pension Real Estate Association’s (PREA) programs designed to provide career opportunities in U.S. commercial real...
Warren Buffett’s deep-pocket support of homebuilding, a Michigan home that can be yours for a single dollar and an unlikely addition to San Francisco’s skyline. From the wild and woolly world of real estate, here are the hits and misses for this week. Hit: From Omaha...
Midtown Manhattan Building Evacuated After Support Beams Buckled and Bricks…
