A condominium apartment in New York City’s Billionaires’ Row has reportedly sold for about $80 million. The Wall Street Journal, sourcing its coverage from “two people familiar with the situation,” reported the 8,000-square-foot apartment at 220 Central Park South was...
Mortgage application activity declined for the week ending Aug. 11, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, dropped by 0.8% on a seasonally adjusted...
Single‐family housing starts in July were at a rate of 983,000, according to data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. July’s level was 6.7% above the revised June figure of 921,000. Privately‐owned housing starts in July...
Second quarter commercial and multifamily mortgage loan originations sank by 53% from one year ago, according to new data from the Mortgage Bankers Association (MBA). However, the originations level was up 23% from the previous quarter. Decreases in originations for...
Newmark Group Inc. (NASDAQ: NMRK) has expanded its capital markets services with the launch of the Data Center and Digital Infrastructure practice group. In launching the new practice group, Newmark stated the data center market is expected to surpass the current...
MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), announced the closure of its MetLife Single Family Rental Fund LP (SFR Fund) with $390 million in capital commitments. MIM’s single-family rental strategy is...
Midtown Manhattan Building Evacuated After Support Beams Buckled and Bricks…
